Ford Motor Co warned Wednesday that the cost of launching new vehicles and a deteriorating Venezuelan economy would dent its profit next year, news that sent the No. 2 U.S. automaker's shares to their biggest one-day percentage drop in more ...
Earlier this month, Dick Cheney stated that the medical device tax may have killed him if it were in effect in the decades he struggled against heart disease. The former vice president received a heart transplant in 2012. Cheney is ...
Tags: medical device, tax, heart transplant
The Victorian Coalition Government's $1.6 billion Port Capacity Project has appointed the first private sector operators for the new facilities being constructed at Melbourne's Webb Dock. Minister for Ports David Hodgett has announced the ...
Nickel prices are likely to be pushed higher in 2014 if Indonesia introduces an export ban on laterite nickel ore, which would tighten supply particularly for China, according to Dan Loughner, the head of Australian nickel producer Western ...
Tags: nickel ore, pollution, energy
Steel Dynamics, Inc. provided fourth quarter earnings guidance Tuesday in the range of $0.21 to $0.25 per diluted share. The estimate compares to $0.25 per diluted share reported for the third quarter 2013 and $0.27 per diluted share ...
Tags: steel, metallurgy
It is reported that Chinese Shougang announced both hot rolled and cold rolled price were unchanged in January 2014. For carbon, low alloy, diamond plate, steel remained stable. Currently, Q235 material 4.75mm*1500*C factory price hot ...
Tags: steel, price, metallurgy
Global Blue, the international retail tourism experts, report that total international tax free spend has surged up 21% to date this year with globe shoppers from South East Asian driving the growth. Thai spend in particular is up a massive ...
Tags: Global Blue, Tourist
With the defeat of the M23 rebels in the Democratic Republic of the Congo (DRC), this vast blighted country is poised for a brighter future. But a new US law designed to help the region escape its poverty looks set to do just the opposite. ...
Tags: Democratic Republic of the Congo, M23 rebels, conflict minerals
From noodle bars to housekeeping services, personal spending is spreading cheer to the nooks and crannies of the Japanese economy. The Bank of Japan's December Tankan survey of business sentiment showed a major improvement in confidence ...
Tags: Japan, personal spending, Japanese economy, Japan's economic recoveries
Alstom T&D India, globally known as Alstom Grid, recently flagged off its 100th 765kV transformer. Concurrently, it also rolled out India's largest 765kV 275 MVA, single-phase transformer. Alstom has been producing 765kV transformers at its ...
Tags: Electrical, Electronics
UK retailer Debenhams has asked its suppliers for a 2.5% discount on stock as a "contribution" to help fund its growth. In a letter dated 16 December, the high street retailer told suppliers the contribution would be applied to all orders ...
Tags: Debenhams, high street retailer, suppliers
Six-of-10 uninsured African-Americans may be eligible for subsidized health insurance, Medicaid or the Children's Health Insurance Program, officials say. A report by the U.S. Department of Health and Human Services calculated the ...
The American Apparel & Footwear Association (AAFA) welcomed the introduction of the Generalized System of Preferences Update for Production Diversification and Trade Enhancement (UPDATE) Act, legislation that would make U.S. imports of ...
LINN Energy, LLC (Nasdaq:LINE) and LinnCo, LLC (Nasdaq:LNCO) announced today the successful completion of the previously announced merger between LinnCo and Berry Petroleum Company (NYSE:BRY). Under the terms of the agreement, LinnCo has ...
Tags: merger of company, LINN Energy, LinnCo, Berry Petroleum Company
China's manufacturing grew at its strongest rate in 18 months in December but new exports fell from the previous month due to weak global demand, a survey showed Monday. HSBC Corp. said its monthly purchasing managers' index rose to 51.1 ...