For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
South Africa will stop imposing tariffs on poultry imports from the US, paving the way to resume trade in the country which had been closed for the past 15 years. The two countries have reached an agreement to this effect, as per which, ...
Tags: Agriculture, Food, Policy, Opinion
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
Three major tobacco companies in the US have dropped their lawsuit against the Food and Drug Administration (FDA) over pre-approval for modifications in labelling. The FDA has previously regulated that the tobacco companies required to ...
Speciality chemicals manufacturer Solvay has unveiled a two year profit sharing plan for its employees indexed to the Group's financial and sustainable development performance for 2015 and 2016. In a press release, Solvay said after the ...
Tags: Textile
The government is working on guidelines for e-commerce sector in the backdrop of ongoing tussle between online and offline retailers, according to media reports quoting a top government official has said. The government is aware of the ...
Tags: E-Commerce, Service
China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data. The reading has remained above 50, the separation between ...
Tags: Manufacturing, PMI
China's new 10-year new-energy vehicle development plan has more objective, practical goals than the one released in 2012, after NEV sales in the first quarter accounted for only 5 percent of this year's original target. The Ministry of ...
More than 73% of chickens tested positive for the presence of food poisoning bug campylobacter in the UK, according to the Food Standards Agency. As part of the year-long study, over 4,000 samples of fresh whole chilled chickens from ...
Automobili Lamborghini has launched its third luxury SUV, set for hitting the market in 2018. The new Lamborghini SUV will be produced at the company's Sant'Ag ata Bolognese unit, in line with the company's policy to make in Italy. ...
Tags: Automobili Lamborghini, SUV
Control systems maker Motiv Power Systems has opened a new manufacturing plant in Hayward, California, and recireceived $8.1m in grant from California Energy Commission (CEC) to commercialize its all-electric powertrain. With an annual ...
Tags: Motiv Power Systems, Powertrain
Spain-based Polysistec has launched a new complete process for polyamide (PA) preparation and dyeing. The new innovative system substantially reduces common problems that arise with PA fabrics, such as unleveling, differences of ...
Tags: Polysistec, dyeing, polyamide preparation
China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...
Tags: Import Duty, Consumer Goods
China has reportedly introduced a new regulation to standardized beverage labeling, specifically bottled drinking water, in the country. According to the new standards, bottled water sold in China will be categorised as either "purified ...