Star Wars was not the only force making a come-back in 2015. The return of generic advertising brought with it a promise of increased profitability for the diamond trade. Even as numerous stories reflecting pain in the industry vied for our ...
Skoda is planning to unveil its new SUV, VisionS at the 2016 Geneva International Motor Show The company unveiled a new design language with VisionC design study in 2014 and it will now reflect the SUV segment. The company says that in ...
Tags: Skoda, International Motor Show
China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...
Tags: Shipbuilding Sector, shipyards
Chinese home appliance makers are giving dimensions of reality to the "Internet Plus" strategy championed by Premier Li Keqiang. Slowly but surely, they are pressing ahead with the task of integrating Internet technologies with their ...
It's being reported Hon Hai Precision Industry, aka Foxconn, may be prepared to spend around 2.5 billion U.S. dollars to acquire Sharp Electronics. The proposed price is said to be about 50 percent higher than Sharp's current market ...
Profit declines for China's state-owned enterprises (SOEs) continued but narrowed in November, the Ministry of Finance (MOF) said Friday. China's non-financial SOEs raked in 2 trillion yuan (309.1 billion U.S. dollars) in profits from ...
Tags: State Companies, Profitability
One of China's biggest securities firms, Guotai Junan Securities Co. has announced the decision on Wednesday to return its Chairman and Chief Executive Officer, Yim Feng to active duty. In a statement issued on Wednesday, the company said ...
Tags: Guotai Junan, Chairman
Revenue from the sale of China's national liquor, Maotai, has been on the rise through the first 11 months, despite the government's continued frugality campaign. The Kweichow Moutai Group is reporting a 4-percent rise in revenues through ...
Tags: Kweichow Moutai, exhibition, Revenue
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
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
Demand for natural gas and therefore liquefied natural gas from Chile's power industry collapsed in November following a sharp increase in the availability of cheap hydroelectricity after a wet winter and spring, energy ministry data show. ...
Tags: natural gas, electricity, fuel
The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
According to a Bloomberg report, Apple’s secret facility in Taiwan is working on display technology, most likely OLED panels. The lab in Longtan employed around 50 engineers and other workers are creating new screens for devices ...
Tags: Apple, OLED panels, LG Display
A photo shows Chinese tourists travelling overseas. [Photo: sina.com] A new report suggests that 'clamor' - shouting and excessive noise - prompt the most complaints about Chinese tourists in foreign destinations. It reached locals from ...
The Dark Matter Particle Explorer (DAMPE) has got its name Wukong, announced by the National Space Science Center of the Chinese Academy of Sciences (CAS) on Wednesday. It is named after the Monkey King in the classic Chinese tale, ...