FTR's Trucking Conditions Index (TCI) reading of 9.97 in September continues to show a positive environment for trucking. The index is expected to peak in October following the impact of the newly enacted Hours of Service rules. There is ...
Russian steelmaker Severstal has announced its financial results for the third quarter and the first nine months of 2013. Accordingly, in the third quarter Severstal registered a net profit of $157 million, down 52.3 percent year on year. ...
Tags: Severstal, steelmaker
Bonmarché announces the successful pricing of its initial public offering and the proposed placing (the “Placing”) of 20,007,260 ordinary shares at 200p per share by Investec Bank plc (“Investec”). Placing ...
The Fiat 500 1957 Edition has been revealed in the US ahead of its debut at the Los Angeles auto show, celebrating the 57th anniversary of the Italian brand’s original 1957 Nuova Cinquecento. Based on the 2014 Fiat 500 Lounge model, ...
Proton Cars Australia says it’s going in a new direction to build brand credibility and is moving away from cheap pricing as the brand’s key selling point. Speaking at the local launch of the new Proton Suprima S, Proton Cars ...
Tags: Proton, Proton Cars
Hatches don’t come any hotter than the BMW M135i and the Mercedes-Benz A45 AMG. Nor do rivalries come any fiercer. BMW has been building fast hatchbacks since the 130i of a decade ago, and its M division is esteemed in building ...
Tags: BMW M135I, Mercedes-Benz A45 AMG
When the world was digesting news of Detroit’s bankruptcy in July, the biggest ever by a municipality in the US, attention in China turned to the highly indebted government of Jiangsu province. Provincial, city and county authorities ...
Tags: Bond Markets, Local Officials
PPG Flat Glass has announced a price increase on its primary glass products, effective December 2. The company attributes the increase to “material, operating and distribution costs despite continuing implementation of productivity ...
Sappi Limited results for the fourth quarter and year ended September 2013. Strategic initiatives successfully completed and commissioned Summary -Dissolving wood pulp and speciality paper conversions commissioned and running well ...
Tags: Wood Pulp Producer, Textile
Clear Demand, the first to deliver an omni-channel retail pricing solution, announced important markdown pricing innovations intended to advance best practice for retailers that present or sell merchandise online or in-store. Clear ...
Tags: Apparel Markdown Pricing, Textile
Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation (NYSE: HES). This transaction, for a purchase price of $30 ...
Tags: Aegean Marine Petroleum Network, acquire, bunkering, business
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...
Australian Nissan 370Z prices have been slashed by up to $12,960, with the sports car range starting at $59,990 driveaway for a limited time. Covering both Nissan 370Z coupe and roadster body styles, the cuts see the entry-level six-speed ...
With BMW public relations staff wearing t-shirts imprinted BMW X5 – The Boss, the third-generation premium large SUV is getting more than a humble introduction to the local market. The outgoing six-year-old BMW X5 continues to ...
Tags: BMW X5, Mercedes-Benz ML-Class
Alexey Miller, Chairman of the Gazprom Management Committee and Dmitry Konov, Chief Executive Officer of SIBUR signed today at the Gazprom headquarters a Memorandum of Cooperation while constructing a gas processing plant and a gas chemical ...