China's crude oil imports in October fell 13.8% year on year to 20.41 million mt or an average 4.83 million b/d, according to preliminary data released by the General Administration of Customs Friday. This is the first time this year that ...
Tags: crude oil imports, Mineral
Inflation in China likely increased in October, while other key economic data will probably indicate stable expansion, analysts said before the figures are released tomorrow. Optimism is in the air ahead of a key meeting of the Chinese ...
Tags: Inflation, export growth
China's manufacturing sector is gradually gaining strength and paving the way for a steady economy, two surveys showed Friday, though mixed signals remain in areas including new orders. China's official Purchasing Managers' Index (PMI) ...
Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn. The private equity firm has appointed Barclays to ...
Tags: Wind Point, Food Solutions
Declining investment in China' power grid last month could signal declining copper demand in the coming months, analysts with UK bank giant Barclays said Tuesday. Grid investment total Yuan 31 billion ($5.08 billion) in September, a 15% ...
Tags: Power Grid, Copper Demand
Zurich-based Swiss Reinsurance (Swiss Re) is reportedly looking for viable options to divest Aurora National Life Assurance Co, as the company seeks to exit the US life and health insurance market. People familiar with the matter were ...
Tags: Life Insurance, Swiss Reinsurance
Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
August trade data from China suggests that low platinum prices prompted stronger demand from the country's jewelry sector, analysts with UK banking gain Barclays said Monday. The jewelry sector in Asia is a major end-user of platinum. ...
Tags: Chemicals
The Travelers Companies is planning to launch a new private passenger automobile product, Quantum Auto 2.0, which would offer more customized and segmented services, increased competitive pricing features, and new discounts for consumers. ...
Tags: Travelers, Quantum Auto
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
Protective Life has received insurance regulatory approvals required in order for its subsidiary Protective Life Insurance to acquire MONY Life Insurance, as well to reinsure certain policies of MONY Life Insurance Company of America ...
Tags: Protective Life, Mony Life
BEIJING-Signs of more appetite in China for steel and other materials and equipment used in construction add to evidence of an economic rebound, but one driven by a return to ramped-up spending on infrastructure and heavy industry the ...
Tags: Steel, Metallurgy, Mineral, Energy
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners
Armstrong World Industries, Inc. announced the pricing of an underwritten secondary public offering of 12,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the ...
Tags: Construction, Decoration
Refining capacity expansions in China have been largely on track this year although the country's relatively weaker growth in oil demand could delay some projects and result in lower utilization rates, analysts said this week. Up to 1.3 ...
Tags: oil, Metallurgy, Mineral