The adidas Group confirmed its Route 2015 targets which forecast sales of € 17 billion and an operating margin of 11% in 2015 at the 2013 Investor Field Trip in Herzogenaurach. In addition, the senior management of the Group shared ...
Tags: Adidas Group, Apparel
China and Britain have agreed to enhance cooperation in areas including high-speed railway, nuclear power and finance, Chinese Premier Li Keqiang said on Monday. Li told a joint press briefing with visiting British Prime Minister David ...
Tags: high-speed railway, nuclear power
China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...
Tags: Overcapacity, China's Economy
Beijing launched carbon emissions trading on Thursday, making it China's third market for carbon trading. An initial 490 companies, whose carbon emissions account for 40 percent of the city's total, have been included in the plan, ...
Tags: Carbon Market, Emissions
China is expected to overtake the United States to become the world's largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the world's energy supplies, a report says. China will be the ...
Tags: Oil Importer, Oil, Metallurgy, Mineral, Energy
The first phase of the stainless steel cold rolled deep-processing project, i.e., a 1,450 mm cold rolled wide strip production line, of Guanghan, Sichuan Province-based Chinese steelmaker Tiancheng Stainless Steel Co., a subsidiary of ...
Tags: steel, investment
On November 28, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) announced that it plans to issue medium-term notes worth RMB 3.8 billion ($622.9 million) on December 5. This will be the company’s first ...
Tags: steelmaking, metallurgy
Natural gas and renewables will power country's economic growth Natural gas and renewable energy are poised for boom times in China over the coming decades, and they'll be key factors in the development of the nation's economy, a global ...
Tags: Clean Energy, Energy
The results of China's Annual Truck and Light Bus appraisal are unveiled in Beijing. Volvo FH480 is honored with "Annual Imported Tractor" award. Volvo overturns the concept of traditional heavy truck and introduces a new industrial ...
Tags: Volvo, Transportation
Select restaurants, tourist attractions and construction projects have been shuttered around the pollution-plagued Danjiangkou reservoir in central China, the Ministry of Environmental Protection announced on Tuesday. The reservoir, the ...
Tags: Metallurgy, Mineral, Energy, Chemicals
In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
A total of 28 cities have been included in a pilot program for the promotion of new energy autos, according to a statement posted on the website of the Ministry of Finance on Tuesday. These cities, the first batch in the pilot program, ...
Tags: Transportation, Energy Car
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China Wednesday held steady on the week at Yuan 6,850-7,000/mt (85-86.5 cents/lb), on a delivered basis including 17% VAT, despite a cut in the December bid price by Jiuquan ...
Tags: high carbon ferrochrome, Energy
Guangdong, China's most populous province, is to launch a carbon permits market next month that will be the world's second biggest after the European Union, dwarfing those in Australia and California. China has pledged to reduce its ...
Tags: Carbon Market, Carbon Emissions
Taiwan is the world’s leader in LED manufacturing with 41 LED fabs representing over 21 percent of the world’s capacity — more than any other region (according to SEMI Opto/LED Fab Forecast report). Meanwhile, worldwide ...