The halving of Algeria's foreign revenues in just a few months has had a brutal impact on the country's economy, Prime Minister Abelmalek Sellal said Sunday, describing the current situation as "difficult." In an interview with state news ...
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...
Tags: Dubai crude, gasoline, sour crude
Revolution Lighting Technologies , a leader in advanced LED lighting technology solutions, today announced that its operating division, Energy Source, recently completed two lighting retrofit projects, installing high efficiency LED ...
Tags: RVLT, LED lighting, Smart Control System
Skechers USA Inc. claimed a partial victory Thursday in its patent infringement dispute with Nike Inc.’s wholly-owned subsidiary Converse Inc. relating to the Converse Chuck Taylor shoe. In October 2014, Converse sued Skechers in ...
Tags: Skechers, Converse, athletic footwear
Hosted by Stephen Doughty (the Member of Parliament for the Cardiff South and Penarth constituency), an event in the UK Houses of Parliament in Westminster, London, has formally launched the Compound Semiconductor Centre (CSC), formed at ...
Tags: IQE, compound semiconductor
Indian food regulator Food Safety and Regulatory Authority of India (FSSAI) has stated that the recently-launched Patanjali Atta Noodles by yoga guru Ramdev did not carry the regulator’s approval. However, the FSSAI chairperson ...
DFS, the official Team GB Homeware Partner for the Rio 2016 Olympic Games, today unveiled track cyclist and double Olympic Champion Laura Trott, triple World Swimming Champion and World Record holder Adam Peaty and 2015 World Gymnastic ...
Indian food regulator Food Safety and Standards Authority of India (FSSAI) has approached Supreme Court against the Bombay High Court orders in the Nestle’s Maggi Noodles case seeking expunging of some remarks made by the lower court ...
Tags: Nestle, Maggi Noodles
Dick's Sporting Goods reported adjusted earnings per share rose 10 percent in the third quarter, coming in at the lower end of its guidance. Same-store sales inched up 0.4 percent. The retailer also lowered its EPS and same-store guidance ...
Tags: Dick, Sporting Goods, athletic footwear
Streets has dramatically dropped the price of its individually sold Cornetto ice creams to just AUD$2.00. The Cornetto had a previously recommended retail price of AUD$3.30. Along with the introduction of the new price, Streets is ...
Tags: Cornetto, ice creams
Fonterra has increased its forecast earnings for the 2015 financial year. The co-operative is now expecting to pay farmers $4.95-5.00 per kg of milk solids. Chairman John Wilson said performance between the 1 August – 31 October ...
Tags: Fonterra, milk pieces, Whole Milk
Australian fresh bean exports have hit a record high says vegetable industry representative body AUSVEG. Australia’s fresh bean exports are valued at over 40 times the size of its frozen bean export market. “The export ...
Tags: Fresh Bean, frozen bean, vegetable export
China's crude stocks continued to grow for the fifth straight month in October, despite a month-on-month drop in net imports, output and slight rise in throughput, Platts calculations based on recently released official data showed. Crude ...
Tags: crude stock, crude oil
The LED industry has seen bulb prices nose-dive in recent years. When Walmart sold its 60W LED bulb two years ago for under $9, it was considered at the time an “aggressive pricing strategy.” But the same GE 60W LED bulb prices ...
Tags: LED bulbs, smart lighting, lower pricing