On December 3 2015, the High-level Dialogue between Chinese-African Leaders and Business Communities and the 5th Conference of the Chinese and African Entrepreneurs, jointly held by the Chinese Ministry of Commerce, China Council for the ...
Century Aluminum is proposing to continue operating its 224,000 mt/year Mt Holly smelter in South Carolina at 50% capacity even as the company on Monday began shutting down the first potline in a dispute with its longtime electricity ...
Tags: Century Aluminum, electricity
Nike has spent $380 million on the expansion of its headquarters, and hired over 2,000 new employees there, the Portland Business Journal reported. Last week, Nike’s general counsel informed Gov. Kate Brown that the sportswear ...
Tags: Nike, Headquarters expansion
US-based beer brewer Pabst Brewing Company (PBC) has entered into a long-term distribution partnership with Vermont Hard Cider Company, which is manufacturer of American cider. The agreement entails that Vermont Hard Cider will sell ...
The EU will stick to its goal to cut emissions by at least 40% by 2030 for the moment, and any decision to change that will not be taken till after 2020, the EU's climate action and energy commissioner Miguel Arias Canete said Monday. The ...
Tags: greenhouse gas
Russia is against an increase in global crude production, rather than favouring a reduction, and remains pessimistic about the possibility of Moscow and Riyadh reaching a production coordination deal, Russia's energy minister Alexander ...
Tags: crude production, OPEC, oil prices
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
Philips announced it will be closing down its lighting plant in Burgaw, Pender County in North Carolina, U.S. recently, according to a report by Triangle Business Journal. The factory closure, which will become effective as of Sept. 2016, ...
Tags: Philips, lighting industry
Alipay, the online payment service run by Alibaba, is being launched in Europe as the e-commerce giant struck a deal with Wirecard, a German payment processing company, which will let merchants using Wirecard's point-of-sales terminal ...
Tags: Alipay, payment service
Electric vehicle startup Faraday Future has selected North Las Vegas in Nevada to set up its proposed factory, with first car set to roll off the plant in 2017. The company previously announced that it was considering sites in California, ...
Tags: CES electronics show, electric highway, EV
Paper and packaging firm WestRock has agreed to acquire Cenveo Packaging in a $105m deal. Based in Connecticut, the US, Cenveo Packaging operates six facilities across North America where it produces folded carton, shrink sleeve and ...
Tags: WestRock, Packaging, Cenveo Packaging
Plastic totes maker Newell Rubbermaid announced it was buying consumer and sporting goods maker Jarden in a cash and stock deal worth about $13.2 billion. The deal brings together two companies with numerous familiar consumer brands under ...
Tags: Jarden, Newell Rubbermaid, Plastic totes
Photo provided to China Daily A production by an ethnic music troupe, titled Tsangyang Gyatso, aims to shine the spotlight on a legendary spiritual leader. Chen Nan reports. The taste for romantic poems and love songs written by ...
Tags: Lama, Tibetan music, dance
Simpson Packaging has completed a deal with Gregory Property Group to purchase a new 32,300 sq. ft industrial unit at Ossett 40, near Wakefield. The family owned, local business is to relocate from premises at Shaw Cross near Dewsbury to ...
Tags: Simpson Packaging