Swedish telecom equipment maker Ericsson has signed a patent license agreement with Apple. Financial details have not been revealed. Meanwhile, Ericsson has estimated that its overall revenues from intellectual property rights this year ...
Tags: Ericsson, Apple, patent license
China has the third largest IMF quota and voting share after the United States and Japan since the IMF reform plan being ratified by the U.S. Congress last week. [Photo: finance.sina.com.cn] Emerging powers like China, India, and Brazil ...
Tags: IMF quota, Emerging Economies
Throughout 2015, the world has watched with great interest the development of China-U.S. relations, as many believe almost every interaction between the world's top two economies has a bearing on all major global issues. Here are some ...
Tags: China-U.S.Relations
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
Changes to the UK renewable energy subsidies, including programs such as Feed-in Tariff scheme and Renewable Obligation, will contribute a total reduction of GBP500 million-GBP600 million ($746 million-$895 million) from the Levy Control ...
Tags: Renewables Energy, fuel, climate change
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
China's emerging industrial sectors, inspired by technological innovation and innovative policies, have developed rapidly in 2015. The boom in telecommunication, high-tech manufacturing, e-commerce, new energy and other emerging ...
Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...
U.S. farmers will harvest 13.9 billion bushels of corn, the second-largest crop ever, and 3.785 billion bushels of soybeans next year, USDA said in its first projections of the new crop. The new crops would follow three years of bumper ...
Poland is planning to sell its hard coal stockpiles to Ukraine in order to raise cash to inject liquidity into the country's struggling state-owned coal miners, development minister Mateusz Morawiecki, said Monday. "There is a coal ...
Tags: coal, coking coal, anthracite
Bulgaria and the European Commission have agreed to establish a joint working group to support the development of a gas hub in Bulgaria designed to serve the whole Balkan region. Gas infrastructure in southeast Europe is poorly ...
The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange