Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble
The demand for LED chipsets, primarily for the LED lighting market, is forecast to increase substantially through 2018. According to DisplaySearch, measured in standard units (500 by 500 micron chip size), demand for LED chipsets are ...
Tags: LED Chipsets, LED lighting segment, Lights
The value of the Chinese currency renminbi, or the yuan, strengthened by 34 basis points to 6.1213 against the U.S. dollar in its central parity rate on Thursday, according to the China Foreign Exchange Trading System. In China's spot ...
Tags: Chinese Yuan, U.S.dollar
The economy grew at its fast rates in 11 years in the third quarter, according to a third estimate released by the Bureau of Economic Analysis (BEA) that showed consumer spending increased more than thought. The BEA now estimates real ...
Tags: Consumer Spending, Q3 GDP Growth
On 12 November, Packaging News organised a conference in conjunction with British Glass, bringing together members of the UK glass industry to discuss ways of improving recycling in Britain. The central London conference included talks ...
Tags: Glass Industry, Recycling
The worldwide automotive-use LED market (combination of before market and after market) is projected to reach US$2.5 billion by 2018, with a compounded annual growth rate (CAGR) of 9% from 2014-2018. In particular the automotive LED value ...
Tags: LED Market, LED lightings, Lights
For many LED makers, 2014 has been a challenging year, with performance in the first and second halves of the year very polarized for many, notes Roger Chu, research director of LEDinside (a research division of TrendForce). Lighting market ...
Tags: LED Makers, Entry Level, Electrical
The market for olive oil is the fastest growing in the oil and fats market in the UK, and has the potential to appeal to those aged 55 and over due to its age-aligned benefits, according to market research organisation Canadean. Older ...
Tags: olive oil, Agriculture
According to CEPEA/ESALQ, most companies continue to refrain from closing new cotton trades due to the nearness of Christmas vacation. Only a few players are operating in this end-of-the-year period in the Brazilian cotton market, it ...
Tags: Christmas vacation, cotton market, Textile
It's reported that Apple announced to raise iPhone prices by 35% due to to a devalued ruble. After the adjustments, price of iPhone 6 with 16GB storage was 53990 ruble (US$856), much more than previous price 39990 ruble (US$558). Apple ...
With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
"We work very hard on the school side, constantly amending our range to suit what the schools are looking for," says firm. Arts and crafts firm, Artstraws has enjoyed a positive 2014, largely thanks to the school market. Around 60 per ...
Tags: Schools Driving, Toys
The state of the trade continues to be reported as positive, but less so than in the previous two quarters. Confidence has been resolutely positive since the start of 2013, and respondents had previously improved their reports further ...
Tags: actual balance, Office Supplies
Gallery Direct has announced its plans for an impressive 570 sq m double-decker stand, alongside 110 sq m further exhibition space at the January Furniture Show in Birmingham, to launch their striking new 2015 collections. The ...
Tags: soft furnishings, mirrors, home accessories, Furniture
According to a USDA December report, global cotton output in 2014/15 is forecast at 119 million bales, slightly below the previous season as a yield reduction more than offsets increased area. “Considerable production declines in ...
Tags: cotton output, Textile