Polyethylene producers are targeting higher prices in September amid increases in feedstock naphtha and improved economic data, sources said this week. Naphtha was assessed at $914.5/mt CIF NWE Wednesday, up $2.50 on the week. The average ...
Tags: Polyethylene, Chemicals
If?Australian companies were to virtualize their severs and physical infrastructure, $6 billion in costs could be saved from now to 2020, according to a new whitepaper by research firm IDC. In the VMware sponsored whitepaper,?Vision 2020: ...
Tags: Computer Products, software
The market for semiconductors used in industrial electronics applications relished a better-than-expected first quarter as macroeconomic headwinds turned out to be less severe than initially feared, according to the latest Industrial ...
Tags: Electrical, Electronics, semiconductors
Reportedly, global steel giant ArcelorMittal cuts its 2013 core profit guidance this Thursday on weaker demand and lower raw material prices. According to ArcelorMittal that the group's earnings before interest, tax, depreciation and ...
Tags: ArcelorMittal, Mineral
The euro zone manufacturing sector returned to growth at the start of the third quarter, with production and new orders both increasing at the fastest rates since mid-2011. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) ...
U.S. manufacturers can breathe a sigh of relief that the global economy has taken a few steps back from the brink, with the Federal Reserve and other central banks playing key roles, according to a new report. In the Manufacturers ...
Tags: economy
Today, the Centre for European Economic Research (ZEW) in Mannheim and the Fudan University in Shanghai publish the results of the first "China Economic Panel" (CEP). CEP is a panel of experts focused on China. It serves to investigate the ...
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market
NYMEX August crude settled $1.43 higher at $97.99/barrel Monday on Middle East tensions and as better-than-expected manufacturing data from Europe helped boost US equities. NYMEX's rise outpaced ICE August Brent's 84-cent gain to $103/b, ...
Tags: US Dollar Index
The euro zone manufacturing sector moved a step closer to stabilization at the end of the second quarter, with rates of contraction in output and new orders continuing to ease. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) ...
Cyber-attacks have risen to the top of the list of threats for UK banks according to the Bank of England’s director of financial stability, Andrew Haldane, but understanding and management of the risk is still at an “early ...
Tags: Bank of England, Cyber-Attacks
The Eurozone manufacturing downturn eased for the first time in four months in May. Moreover, all sub indices from the latest survey improved on the earlier flash estimates except suppliers’ delivery times. At a 15-month high of ...
Tags: Manufacturing, May, Eurozone
Few advanced economies can measure up to the potential of emerging markets, which have been forecast to exhibit the fastest growth rates for food and non-alcoholic beverages over the next five years, according to a new report from global ...
Tags: Markets, Agriculture&Food, Drink
DuPont announced that it will increase prices on all of its titanium dioxide (TiO2) products sold in North America, Europe, the Middle East, Africa, Latin America and the Asia Pacific regions effective July 1, 2013, or as contracts allow as ...
Tags: Textile
THE Australian dollar was slightly higher yesterday after taking a roller-coaster ride in the previous 24 hours. On Thursday afternoon the currency dropped to an almost three-year low of US94.35c, but in offshore trade on Thursday night ...
Tags: Service