The Goodman Group’s wholly owned North American subsidiary, Goodman Birtcher has launched the development of a new US$150 million logistics centre at Rancho Cucamonga in the Inland Empire West market of Southern California. The new ...
Tags: Pipeline, Logistics Hubs
Helen Dickinson, British Retail Consortium Director General, said, “May has seen shop price deflation remain unchanged at 1.4 per cent, the thirteenth consecutive month of deflation." Highlights: -Thirteenth consecutive month ...
Tags: Clothing, Helen Dickinson
Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
Nissan Motor has established a new company Nippon Charge Service in collaboration with Toyota Motor Corporation, Honda Motor, and Mitsubishi Motors Corporation to form a single charging network in Japan. The consortium stated that the new ...
Tags: Nissan Motor, Honda
Turkmenistan President Gurbanguly Berdimuhamedov has signed a resolution related to financing of the proposed gas-chemical complex for manufacture of polypropylene (PP) and polyethylene in Balkan province. The complex would be built in ...
Tags: PP Plant, polypropylene
The Japanese and Singaporean governments are moving to revise the economic partnership agreement they formed in 2002, with Prime Minister Shinzo Abe and his counterpart, Lee Hsien Loong, expected to affirm the plan on Saturday. Japan will ...
Ford Automotive Finance China, a subsidiary of the Ford Motor Credit Company, has completed its first asset-backed securitization (ABS) in China to support the financing of Ford-brand vehicle sales Ford Automotive Finance (China) is the ...
Tags: Ford, Asset-Backed Securitization
Iran is loading eight LPG cargoes totaling 317,000 mt in May for export to Asia, the biggest monthly volume since resuming shipments in May 2013 following an eight-month halt on concerns over an EU ban on shipping insurance, shipping and ...
Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...
Tags: Petrochemical
China-based polysilicon and solar wafer maker LDK Solar has obtained syndicated loans of CNY2 billion (US$321 million) from 11 local banks to ease its financial troubles, according to a report. State-run China Development Bank arranged ...
Tags: polysilicon, solar wafer
The World Bank will fund infrastructure projects worth $245 million to revamp facilities in Uganda's Albertine oil region, ahead of first oil production in the country, Uganda's President Yoweri Museveni said in a statement Thursday. ...
Tags: Infrastructure Funds, Oil
The Caribbean Container (CCI) has commissioned a $44m waste recycling plant at its facility in Farm East Bank Demerara, Guyana, South America. The new facility is a part of the company's strategy to strengthen its recycling capabilities ...
Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...
Tags: Thermal Coal, coal production
Volvo Trucks' much-heralded new range has been launched in Asia today. The completely renewed product portfolio - which includes the flagship Volvo FH, voted 'International Truck of the Year 2014' in Europe - is pushing the limits on what ...
Tags: Volvo Truck, Dynafleet system
Turkey-based steel producer Karabük Demir Celik (Kardemir) has announced that it has signed a credit facility with Germany's KfW IPEX Bank to finance the foreign expenses regarding its railway wheel mill investment. Repayments will ...
Tags: Railway Wheel, steel producer