Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) 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 ...
Tech stocks are ending the first half of the year on an upbeat note with news that enterprise spending on software lately has been relatively strong. On Friday shares of computer companies led a U.S. market rally in the wake of reports ...
Tags: tech stocks, computer companies, Nasdaq, European debt crisis
December 31, 2012 - Fleet managers from all industries can now register for The Work Truck Show 2013 to learn techniques to improve their operations, put on by the National Truck Equipment Association (NTEA) in Indianapolis, Ind., March ...
Tags: The Work Truck Show 2013, Commercial Truck, truck, truck equipment
International credit ratings agency Fitch Ratings has announced that it has downgraded Luxembourg-based steel giant ArcelorMittal's credit rating to BB+, below investment grade. The rating agency stated that the downgrade reflects the ...
Tags: Fitch Ratings, ArcelorMittal, steel, steel market
The United States is honoring its role, to the best of its ability, as the world's locomotive, although despite the positive performance of the real estate market, America seems to be recovering slower than expected. The stumbling block ...
Tags: Glass Industry, Glass, glass market, Technological innovation
Reuters reported that access to infrastructure will remain a significant challenge for the mining sector next year even though the government has committed resources to capital investment program aimed at the transformation of the economy. ...
Tags: Mining Jobs, Mining Companies, Coal Mining News, Mining Industry
America may be the largest consumer of diamonds today but the focus is now being shifted to Asia which could overtake the US by the end of this decade. Rapid growth of consumers in China and India is helping now to drive a rebound from the ...
Tags: consumer of diamonds, consumers in China, economic downturn, America
Reuters reported that German business sentiment climbed for the second month running in December as confidence in the outlook surged more than at any time in the last 2 and 1/2 years, boosting hopes Europe's largest economy will bounce back ...
Tags: business sentiment, climbed, largest economy, business climate index
Reuters reported that London copper slipped bruised by the struggles of US lawmakers to find a fix to a looming fiscal cliff and on a rebound in the dollar after it tumbled following the Federal Reserve's extension of loose monetary policy. ...
Tags: copper, metals, Metal Exchange, metals demand
Swedish automobile manufacturer Volvo is planning to slice its trucks production following the 17% slump in its global sales in November 2012. During the month, truck deliveries in Europe declined 13% to 3,835 units, while deliveries in ...
Tags: Volvo, Truck Production, Sluggish Demand
The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn
The prospects for a pick up in China's economy are getting better by the week,with more signs that 2013 could be a strong year.It is good news for the Australian economy,which has slowed in the past year in the wake of a sharp fall in the ...
Tags: China's economy, Australian economy, iron ore, CEWC
European coatings companies must deal with the widening gap between mature domestic markets Mature Domestic Markets in Europe Present Challenges Nonetheless,the poor prospects for major parts of Europe underline the challenges for its ...
Tech stocks have been climbing recently as key vendors such as Cisco and Lenovo report positive quarterly earnings and the U.S. economy offers glimpses of good news. So far this year, shares in IT companies rose steadily until April and ...
Tags: Tech stocks, Cisco, Lenovo, U.S.economy, Wall Street
The opening address to the 162nd Meeting of the OPEC Conference, by HE Abdul-Kareem Luaibi Bahedh, Minister of Oil of Iraq and President of the Conference: Excellencies, ladies and gentlemen, Welcome to Vienna for the 162nd Meeting of ...
Tags: Oil, OPEC Conference, Gas, economy