Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
Nonresidential fixed investment fell 4.4 percent in the third quarter of this year, according to the U.S. Commerce Department's Gross Domestic Product (GDP) report. This quarter's decline precedes a 0.6 percent increase in the second ...
It seems that each new day we wake to yet another bit of Eurozone news that leaves one wondering how much more is yet to come. If Spain needs to go cap in hand go the Eurobankers for £81b when, according to the BBC they have 7% less ...
Tags: end in tears, packaging, enviable position, coming trends
PTI reported that Mahindra & Mahindra's vehicle sales rose 18% to 48,143 units in November compared with 40,722 sold during the same month a year ago. According to a statement issued by the company, the company's domestic sales rose 23% ...
Tags: Mahindra, vehicle sale, wheeler
In 2011,the value-added of corporate units of cultural and related industries(hereafter referred to as cultural industries)was 1,347.9 billion yuan,up by 21.96 percent year-on-year,4.0 percentage points higher than the average annual GDP ...
Tags: Value-added of Corporate Units, Cultural and Related Industries
Health service and insurance provider Cigna has inked an agreement to buy 51% stake in Finans Emeklilik, in Turkey through in-branch banking channels, forming a joint venture (JV) with Finansbank to market life and pension products in the ...
Tags: Cigna, Finansbank, joint venture, life and pension products
Schnitzer Steel Industries Inc announced its market outlook for its first quarter of fiscal 2013. During the first half of the quarter, both export and domestic sales prices for ferrous metals dropped approximately USD 50 per ton from ...
Tags: Schnitzer Steel, ferrous, auto parts
The National Retail Federation and a diverse coalition of manufacturers,farmers,wholesalers,retailers and transportation organizations today sent a letter to President Obama to express their concern about the ongoing labor disruption at the ...
Tags: labor situation, Obama, Port Dispute
Saudi Arabia's non oil economy is expected to witness robust growth of 7.5% in 2012 on the back of continued high government expenditure and increased domestic demand. The Citi Research report Prospects said that the approval of the long ...
Tags: Citi report, oil industry, oil
The National Retail Federation today urged President Obama to immediately engage in the stalled contract negotiations between management and striking union workers at the nation's largest ports. The International Longshore and Warehouse ...
Tags: prolonged strike, economy, directly engage, ongoing labor dispute
In 2012 Australian retail conditions continued to be difficult. Although the fundamentals of the Australian economy improved with growing GDP, declining interest rates and low levels of unemployment, consumer sentiment remained soft with ...
Tags: retail conditions, fundamentals, growing GDP, consumer sentiment
Mahindra & Mahindra has reported a 18% rise in its auto sales to 48,143 units in November 2012, compared to 40,722 units for the same period in 2011. The company's domestic sales increased 23% to 46,755 units in November 2012, compared to ...
Tags: auto sales, Passenger Vehicles, domestic sales, automotive division
A review of operating costs for Gunson's Coburn Zircon Project indicates potential cost savings of AUD 122 million across the 23 year mine life. Further improving the financial returns from the project, an additional USD 1.2 million could ...
Tags: zircon, mining costs, zircon producer, mine, pit optimization
IRL has announced the publication of a new and fully updated edition of its popular"Profile of the Central American and Caribbean Paints Industry." This report covers the markets for paints and coatings in eight Central American ...
Tags: IRL, paints industry, report, regional paint industry
The news comes as the paper and corrugated giant posted a lower-than-expected profit last week due to weak sales of consumer packaging in North America and Asia. International Paper said growth will be driven by cost savings projects and ...