German luxury car maker BMW is planning to build a new vehicle manufacturing facility at one of the four shortlisted locations in Mexico. The location for the facility is expected to be finalised by the end of 2012 and BMW plans to ...
Tags: BMW, new facility, Mexico
The Lloyd's of London insurance has put in place a contingency plan and decreased its exposure to euro area countries, Lloyd's chief executive Richard Ward has confirmed. Richard Ward told The Sunday Telegraph newspaper that the firm was ...
Tags: London insurance, contingency plan, euro area, insurance, Lloyd
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal
Releasing the export data for the month of August 2012 for the apparel exports in India, Dr. A Sakthivel, Chairman AEPC, stated that, "Apparel exports were to the tune of USD 989 million in August 2012-13 with a decline of 7.2 per cent ...
The UK food and non-alcoholic beverages (F&B) exports for the first six months of 2012 have increased 2.2% to £5.9bn compared to the same period in the prior year, according to the Food and Drink Federation (FDF). Exports to all ...
Tags: food and non-alcoholic beverages, food and drink federation
UK-based insurance company, Aviva is reportedly putting its South Korean and Sri Lankan businesses up for sale as part of its strategy to raise money to protect against its comparetively higher eurozone exposure. Reuters reported the ...
Tags: insurance, Aviva, insurance market, insurance business
The world’s crude stainless steel output would increase by 0.8% year on year to reach 34 million tons in 2012, according to the estimates made by the UK-based MEPS. In 2012, the crude stainless steel products produced by China would ...
Tags: crude stainless steel, crude stainless steel production
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some gains tracking slight rebound in international markets however the upside remains capped. LME ...
Tags: Base Metals Outlook, base metals, metals price, metals market
Market Watch reported that BNP Paribas cut it outlook on base metal prices for next year but reiterated its view that demand for the metals should grow in 2013 as the global economic outlook brightens. The bank cut its 2013 copper ...
Tags: BNP Paribas, base metal price, metal price, metal demand
IDG News Service-Apple has increased the prices of apps sold through its iTunes App Store in Europe because of exchange rate changes,it said on Friday.The minimum price for an app in the Euro zone rose to$1.15. App Store users who tried ...
Sales of new powered two-wheelers(PTWs)in Europe Union(EU)saw a continued year-on-year(YoY)drop of 8.2%in the first quarter of 2012,and a 15%year-on-year(YoY)decrease in the first five months,according to the Association of Motorcycle ...
Tags: PTW, EU, ACEM, Motorcycle Manufacturers
In a letter written to Shri Anand Sharma, the Union Commerce, Industry and Textiles Minister, Dr. A Sakthivel Chairman Apparel Export Promotion Council (AEPC), has requested Government to increase the share of domestic sourcing in FDI ...
Tags: textiles, garment, domestic sourcing, entire Textiles Industry
While earnings from marquee-name tech companies such as Apple and Facebook disappointed this week, sales of mobile devices and enterprise software showed signs of growth. The deluge of earnings reports offered mixed news about sales but ...
Tags: ERP, Wall Street, US, software
The discrepancy between prices for products imported from the euro zone and locally-produced wood, that Swiss sawmills and gluelam manufacturers have been facing since 2011, still exists in 2012 in spite of the price reductions of up to 10% ...
Tags: market view, softwood lumber