The changing political situations in the Middle East are focusing attention on possibly significant increases in energy production, but countries that could produce that energy still face significant hurdles, according to a panel of Middle ...
Tags: energy production, Mineral
IT spending by oil and gas companies across the Middle East and Africa in 2014 will primarily be driven by ambitious infrastructure investment plans, the modernisation of operational processes, and the quest to add more value to the ...
Tags: Oil, Gas, Computer Products, IT
On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
American automaker General Motors (GM) is set to invest $14m in the installation of a progressive press at the Parma Metal Center in Ohio. The press will be used for both die tryout and regular parts production. It is expected to start ...
Tags: General Motors, Metal Center
The conflict between Ukraine and Russia could cause the global LNG market to tighten further if the crisis were to escalate and affect gas flows into Europe, but high gas storage inventories in the region should create a buffer in the ...
Tags: Natural Gas, Mineral
Cooper Tire & Rubber Co. released its third-quarter 2013 results on February 28. Despite a $168,000 loss attributable to the company, Cooper will report positive net income for the fourth quarter, according to Chairman, CEO and President ...
Tags: Tire, Cooper Tire&Rubber
GC Rieber Shipping has taken delivery of its new advanced subsea newbuild "Polar Onyx" from Ulstein Verft. The vessel is chartered on a five-year contract by Ceona Services (UK) Limited, who will use it for advanced deep-water operations ...
Tags: Transportation, Service
Israeli technology firm Emblaze has signed a deal to takeover a controlling stake of 58% in Willi-Food Investments (WFI) for NIS268m. The deal was signed with Zwi Williger and Joseph Williger who are selling their whole interests in WFI, ...
British luxury car maker Jaguar Land Rover (JLR) is set to invest GBP100m in a car manufacturing plant in Saudi Arabia to expand the production. This investment follows the company's investments in China and Brazil to establish new ...
Tags: luxury car, Land Rover, Jaguar
For full-year 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported a 20% drop in revenue from 2012’s €227.8m to €182.9m. However, although down 34% on €77.5m a year ago, fourth-quarter revenue was ...
Global beer giant Anheuser-Busch InBev has reported 3.3% increase in revenue to $43.2bn for the fiscal year 2013 compared to $42.9bn in the previous year. Revenues for the fourth quarter 2013 were up by 4.6% to $11.71bn compared to ...
Liberty Interactive Corp. said in the aggregate, Liberty Interactive Group's eCommerce businesses increased revenue 8 percent to $487 million in the fourth quarter and 12 percent to $1.7 billion for the year, but still generated operating ...
Tags: Sporting Goods, Recreation
Chinese dairy producer Inner Mongolia Yili Industrial Group has partnered with Wageningen University to establish a new R&D center in the Netherlands. Wageningen University and its R&D center are the leading scientific research ...
Tags: Yili, R&D Center, Milk
Food and beverage company Coca-Cola Amatil (CCA) has announced a net profit after tax of $502.8 million, before significant items. Net profit after tax (including significant items) decreased by 82.5 per cent to $79.9 million for the twelve ...
Tags: operating cost structure, Results Decline, Capital Expenditure