Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil
The Associated Press reported that growth in China's car sales slowed again in September while the country's own auto brands increased their market share slightly. According to The China Association of Automobile Manufacturers, sales of ...
Tags: Passenger Vehicle, car sales
For the third-quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $93.3m, down on $99.3m a year ago and $95.1m last quarter (and below the mid-point of the ...
Tags: Veeco, MOCVD Revenue, LED segment
U.S. jewelry and watch sales from all retail outlets in September increased 3 percent year on year to $5.521 billion, according to preliminary government figures. As is often the case, the sector's totals for previous months were revised, ...
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
The 116th Canton Fair, China's largest trade fair, concluded Tuesday in the southern metropolis of Guangzhou with a trade slowdown, the event organizer said. Total turnover at the fair reached about 179.2 billion yuan (29.2 billion U.S. ...
Tags: 116th Canton Fair, trade fair, Canton Fair
In the January-September period of this year, Turkey's steel exports decreased by 5.3 percent year on year to 13.61 million mt, while the value of these exports totaled $11.55 billion, down 2.9 percent, both on year-on-year basis, according ...
Tags: Steel Exports
Global meat consumption is still ascending. Its expected growth is pegged at about 1.9% per year from 2014-2023. Meat shipments from major exporters are projected to rise 2.2% per year. “With the tight domestic supply and ...
Tags: Protein Appetite, meat
The Australian Competition and Consumer Commission has released its 16th annual container stevedoring monitoring report. “Increased competition is delivering improvements in Australian stevedoring, which build on significant gains ...
Tags: delivering improvements, logistics
For third-quarter 2014, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported its third consecutive quarter of revenue growth, ...
Tags: GigOptix, analog semiconductor, optical communications
NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America improved to 58.3 in October as the share of panelists reporting improved conditions rose by a larger amount than the share reporting they ...
Tags: NEMA's EBCI, Rebound, Lighting
Irish producer of alcoholic beverages C&C Group has reported 2.7% slump in operating profits to €69.2m during the six months ending August. The company said that its earnings before interest, tax, depreciation and amortisation fell ...
Tags: C&C Group, Operating Profits, Food
Avery Dennison, a producer and marketer of apparel labels said its profits in the third quarter ending September 30, 2014 climbed 38 percent year-on-year. Avery Dennison's third-quarter of 2014 profit rose to $64.3 million or $0.68 per ...
Tags: Avery Dennison, apparel labels
Retail sales volumes continued to grow in the year to October, with another strong rise expected in the month ahead, according to the CBI. The CBI’s latest monthly Distributive Trades Survey of 124 firms showed a third successive ...
Tags: High Street Sales, Furnishing