The Saudi Acrylic Polymer Company (SAPCO), a joint venture (JV) which has been established by Evonik Industries and the Saudi Acrylic Acid Company (SAAC), has signed the Mechanical completion certificate for the superabsorbents polymer ...
Tags: Acrylic Polymer, Evonik Industries
Despite all the negativity on the news, and the uncertainty involving the US debt ceiling, most trends are pointing to a steadily growing economy that bodes well for trucking's future. That was the synopsis from leading economists and ...
Tags: economy
South Africa's financial services group Sanlam Emerging Markets (SEM) in engaged in negotiations with Nico Holdings, to acquire 49% stake in the general insurance operations in Malawi, Tanzania, Uganda and Zambia. Financial terms of the ...
Tags: General Insurance
U.S. crude-oil futures settled 1% lower Friday after the International Energy Agency warned that the U.S. fiscal crisis could harm demand and said supplies are rising faster than previously thought. Light, sweet crude oil for November ...
Tags: crude-oil, global oil demand
Third-quarter revenues up 1.8% (+4.5% excluding exchange rate effects), to EUR 316.9m Adjusted EBITDA reaches EUR 61.6m (prior-year quarter: EUR 61.6m) Net income climbs 31.8% to EUR 19.5m (prior-year quarter: EUR 14.8m) Earnings per ...
Tags: Gerresheimer, Construction Glass
The PC market moved into its sixth straight quarter of declining sales, analysts reported on Wednesday, although the dip was less pronounced than one firm expected. Market research firm Gartner reported that third-quarter PC sales dipped ...
Oil producers are currently doing a good job of balancing world oil market fundamentals, but it is too early to say if OPEC will leave crude production levels unchanged when it next meets in December, UAE oil minister Suhail al-Mazrouei ...
Tags: Oil Producers, Oil Minister
Saputo, a Canada-based dairy company, has entered into a $370m deal to acquire Australia's oldest dairy processor Warrnambool Cheese and Butter, as part of its efforts to expand its presence in the Asia Pacific region. The offer has ...
The next big opportunity for growth in the global solar business lies in small, emerging markets where photovoltaic (PV) installations are forecast to rise at about triple the global average during the period from 2012-2017. Annual ...
Cargill, a US-based agribusiness company, is in talks to acquire Archer Daniels Midland's (ADM) cocoa business, a deal which paves the way for what is reportedly the second largest takeover this year in the cocoa industry. An official ...
Tags: Cargill, Cocoa Unit
The garment industry of India is expected to achieve the target of US$ 17 billion in exports for the current fiscal year as the outbound shipments of apparel have already touched US$ 5 billion during the first four months of 2013-14, ...
Tags: Apparel Exports, garment industry
The International Air Transport Association (IATA) has reported a continued modest improvement in air cargo markets in August. August air freight demand was up 3.6% on the previous year, which is considerably better than year-to-date ...
Tags: Service, air freight, Transport
US-based life insurer MetLife has finalized acquisition of a 64.3% stake of Chilean pension fund administrator, AFP Provida from Spanish bank BBVA, in a deal worth approximately $1.54bn. From the sale of AFP, the Spanish bank received ...
Tags: Metlife, life insurer
After six consecutive quarters of decline, GDP in the Eurozone increased by 0.3% in Q2 2013. Economic activity is projected to expand further over the forecast horizon (+0.1% in Q3, +0.3% in Q4 2013 and +0.4% in Q1 2014) mainly on the back ...
Russia's President Vladimir Putin warned world leaders at the G20 Summit that economic risks remained. "Our main task is returning the global economy towards steady and balanced growth. This task has unfortunately not been resolved. ...
Tags: Economic Crisis, economy