Declining investment in China' power grid last month could signal declining copper demand in the coming months, analysts with UK bank giant Barclays said Tuesday. Grid investment total Yuan 31 billion ($5.08 billion) in September, a 15% ...
Tags: Power Grid, Copper Demand
Freight volumes are higher than they've been in "many, many" years, but there remains excess capacity in the marketplace and continued downward pressure on rates. Doug Munro, president of Maritime-Ontario Freight Lines, told a packed ...
Tags: Freight, Transportation
There is new recycled containerboard capacity scheduled to come on stream at the end of 2013. Blue Paper, a joint venture between VPK and Klingele Papierwerke (Germany), is in the final stages of converting a fine paper machine (from UPM ...
Tags: Recycled Price
As of October 7, inventory of iron ore at 25 major Chinese ports amounted to 73.27 million mt, indicating an decrease of just 58,000 mt or 0.08 percent week on week, as announced by China's Xinhua News Agency. As of the given date, the ...
Tags: Iron Ore, Chinese Ports
Bakery retailer Greggs has provoked cautious optimism from analysts over its latest quarterly trading update, with signs of a recovery in like-for-like sales. Analyst Sahill Shan at N+1 Singer stated the third quarter update signalled the ...
Tags: Greggs, Cautious Optimism
RPM International Inc. today said that outstanding performance in the company's consumer segment and more modest gains in its industrial segment resulted in significant increases in sales, net income and diluted earnings per share for the ...
Tags: RPM, Financial Position
Volatility came to a standstill on Thursday in Riyadh, as the Tadawul All-Share Index closed 0.04% higher at 8,017.77. The gauge s relative strength, MACD and Bollinger bands indicate that investors are currently quite comfortable with ...
Tags: Construction, Decoration
Executives representing members of the Conveyor Equipment Manufacturers Association (CEMA)expressed cautious concern at their recent Fall Meeting, following a softening of the market after consecutive record years. Bob Reinfried, ...
Tags: Auto Parts, tire, tyre
Global insurance market Lloyd's has posted a profit of $2.1bn for the six-month period ended on 30 June 2013, compared to $2.4bn recorded during the corresponding period last fiscal. Gross written premium increased by 4.9% to $23.9bn from ...
Final numbers are in and August was a good month for Classes 5-8 truck orders, ACT Research reports. However, the industry forecaster said a lack of sustained economic growth is proving to be a drag on Class 8 demand, and build ...
Tags: Transportation, Auto Parts
Official retail figures, released by the Office for National Statistics (ONS), confirm that a tentative recovery is continuing to build. Excluding fuel, the ONS numbers show the total value of sales growth (not seasonally adjusted) was ...
Retail sales increased in the month of August but came in at a much slower pace than anticipated. According to the National Retail Federation (NRF) – the world’s largest retail trade association – August retail sales ...
Tags: Sporting goods
Twitter has announced that it is to file for an initial public offering (IPO) with the US regulators. The filing is confidential, as is allowed under US law for corporations with less than $1bn in revenue. Such companies do not have to ...
Tags: Computer Products, software, Twitter
Retail sales increased in the month of August but came in at a much slower pace than anticipated. According to the National Retail Federation (NRF) – the world's largest retail trade association – August retail sales (excluding ...
Tags: Apparel, Accessories
The outlook for coatings producers in Europe has suddenly brightened after prospects for higher sales and profits appeared to be gloomy earlier in the year. The financial results of some leading players among coatings producers and raw ...
Tags: Construction, Coatings