Ford Australia will cut vehicle production in the lead-up to September’s federal election following record-low sales, which the company has blamed primarily on the government’s proposed fringe benefits tax (FBT) rule changes. ...
Tags: Ford Australia
Raw cotton exports from Pakistan slumped 63.94 percent in quantity terms and 66.71 percent in value-terms during last fiscal, according to data from the Pakistan Bureau of Statistics. During the fiscal year that ended on June 30, ...
Tags: Raw Cotton Exports
Following declines of 45% in 2011 and 30% in 2013, LED wafer fab equipment spending will rise 17% to nearly $1.2bn in 2014 as the LED industry is working through its over-capacity problems and will renew capital spending and capacity ...
Tags: LED Equipment, LED, Electrical, Electronics
Textile exports from Iran reached US$ 221.1 million during the first four months of the current Iranian calendar year that started on March 21, 2013, Iran Daily reported quoting a Moj News Agency report. According to the report, ...
Tags: Textile Exports, fibre
Industry data processed by Gimav in its annual Industry Report paint a very clear picture of the brilliant condition Italy's glass processing machine building industry is enjoying. Of course, in this case exports are synonymous with ...
Tags: Glass, Construction
The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures
A symbol which once summed up the brash, ‘city casino’ culture has fallen spectacularly from grace – bright red braces are almost a thing of the past. Demand has plummeted, and for the first time in almost 30 years, ...
Tags: Debenhams, Red Braces
The Ontario Trucking Association (OTA) used a weather analogy to characterize its latest Q3 business survey. And it's not a bad forecast: Partly sunny with reduced chance of showers. The Q3 business survey of member carriers found rising ...
Tags: Transportation, bike, auto
Indicating a year-on-year fall of 2.29 percent, textile and clothing exports from Tunisia dropped to 483 million Tunisian dinars (MTD) in June 2013, according to the June 2013 economic letter of the Technical Centre for Textiles (CETTEX). ...
Tags: Textile Exports, Clothing Exports
The Federal Chamber of Automotive Industries (FCAI) says sales of new vehicles will plummet at least 10 per cent if the federal government continues with its planned fringe benefits tax (FBT) changes. FCAI CEO Tony Weber said its analysis ...
Tags: Tax Changes, Fringe
Global yarn production jumped in Q1/2013 in comparison to the previous quarter as a result of higher output in Asia, North and South America and despite a decrease in Europe. Also on an annual basis global yarn output rose resulting from ...
Tags: Yarn Output, Textile
Apple sold 14% fewer iPads in the quarter that ended June 30 than during the same stretch in 2012, while the revenue it earned from those sales plummeted by 27%. Analysts tied the decline in revenue to the iPad Mini, Apple's smaller, ...
Tags: iPad Mini, High Margins
The differential between the physical 180 CST viscosity high sulfur fuel oil in Singapore and 380 CST viscosity HSFO in Rotterdam -- known as the East/West spread -- recovered Thursday from 23-month lows, but remains subdued with the ...
Tags: Fuel Oil, oil, Metallurgy, Mineral, Energy
SurplusGLOBAL, Inc. participated in Semicon West 2013. SurplusGLOBAL CEO, Bruce Kim forecasted the increase in demand in the Asia Secondary Equipment Market. Bruce Kim, CEO of SurplusGLOBAL, has participated in Semicon West for the past ...
Tags: Semiconductor, Semiconductor Equipment, Electrical, Electronics
HTC's second quarter net profit plummeted 83 percent year on year as sales of the company's latest flagship handset failed to meet expectations. The company reported net profit of NT$1.25 billion (US$41.6 million), down from NT$7.4 ...