Xinyi Glass Holdings (0868) is restarting efforts to spin off its solar glass business on the main board in Hong Kong. "The newly-listed entity would focus on research and development of solar glass and the construction of solar power ...
Tags: Solar Glass
NYMEX April crude settled 29 cents higher at $93.13/barrel Friday after a largely rangebound trading session, bouncing back slightly after a two-day selloff. "We're pretty unchanged with the market attempting to stabilize after the ...
At 1700 AEDT, the local currency was trading at 103.64 US cents, up from 103.50 cents on Thursday. Westpac chief currency strategist Robert Rennie said the Australian dollar traded in a narrow range on Friday but remained well supported. ...
In the fourth quarter of 2012, consolidated revenue came in at €2.6 billion, up 17.5% on the same year-ago period as reported and 11.7% on a comparable Group structure and exchange rate basis. For the year as a whole, the main ...
The downturn in the euro zone manufacturing sector eased at the start of 2013, as rates of decline in production and new orders both slowed, according to the Markit Eurozone Manufacturing PMI report. Markit's Eurozone Manufacturing ...
Japanese carmaker Nissan is planning to invest EUR130m at its Barcelona manufacturing facility in Spain, to build a new passenger car model. Production of the new compact family car is scheduled to start in July 2014 at the Spanish ...
Tags: carmaker, Nissan, manufacturing facility, passenger car model
According to Eurostat, the Statistical Office of the European Communities, in December 2012 industrial producer prices decreased by 0.2 percent both in the euro area and in the European Union member states (EU-27) month on month. In ...
Tags: energy sector, Industrial Producer, Industrial producer prices
Growing evidence of an emerging economic recovery in Europe pushed the Australian dollar to three-week lows today. Some market watchers say this might signal an important shift in direction for the currency. Traders say heavy-selling of ...
Tags: Dollar, Australian dollar
Producer prices in the euro area in November 2012 decreased as expected. Eurostat announced in Luxembourg on Monday (January 7) in November 2012 that the Euro zone producer prices fell 0.2% monthly rate, which was consistent with bank ...
Tags: Euro zone producer prices, euro zone producer, Euro area energy sector
According to the Italian steel producers' association Federacciai, in the January-October period last year Italy's steel imports amounted to 11.923 million metric tons, decreasing by 22.1 percent, while its steel exports totaled 15.640 ...
Tags: Italian, steel, Federacciai, iron and steel industry
Indian steel giant Tata Steel forecasted that its sales would rise in the fiscal year 2013/14 (during April 1st, 2013 through March 31st, 2014), stimulated by increased demand. It’s learned that steel demand from India and Europe ...
Tags: India, steel giant Tata Steel, fiscal year
Irving, Texas-based Commercial Metals Company announced Monday its financial results for fiscal Q1 2013, ended November 30, 2012. Net earnings attributable to CMC for the first quarter were $49.7 million on net sales of $1.8 billion. This ...
Tags: Energy, Cmc'S Earnings, Metals Company
Numbers of Germans out of work rose for the ninth month running in December but held close to a post-reunification low, adding to signs Europe's largest economy remains relatively unscathed by the region's crisis. Labour Office data ...
Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
Markit's Eurozone Manufacturing Purchasing Managers Index was at 46.1 points in December, down slightly from November's 46.2 points and below the earlier flash estimate of 46.3. The Markit Final Eurozone Manufacturing PMI was below the ...
Tags: Macroeconomic indicators, Euro zone, Manufacturing, export markets