It’s reported that US Rusal's value has dropped by 45.3% since the beginning of 2013 and the Russian light metal giant has announced that it intends to cut costs by re-organizing its Volkhov plant and freezing production at three ...
Tags: Production Capacity
Quarterly solar photovoltaic (PV) module shipments for the 20 leading PV manufacturers exceeded 5.8 gigawatts (GW) during the second quarter of 2013. This record-high module shipment volume represents 21% growth from 4.8GW a year ago, ...
Tags: Solar PV Suppliers
The Ifo Indicator for the world economic climate fell slightly. Both assessments of the current economic situation and the six-month economic outlook deteriorated somewhat. The recovery in the world economy is not really making any headway. ...
Ishihara Sangyo Kaisha, Ltd. (“ISK”) announced on August 12, 2013, that as a part of its ongoing reformation of inorganic business portfolios, it will close the titanium dioxide production plant of its 100% subsidiary ISK ...
According to the news reported by Nikkan Kogyo Shimbun on the 8th, Taiwan-based Hon Hai plans to establish OLED panel's core technology research and development (R & D) base in Japan in 2013, in anticipation of confirming the ...
Tags: Hon Hai, OLED Panel
Gold prices jumped 4% last week on rising demand from China, hitting a three-week high of US$1,334.70 an ounce on Monday, the The Wall Street Journal reported. Demand in China, where consumers account for roughly 25% of global gold buying, ...
Tags: Gold Prices
PC sales in Western Europe crashed by 20 per cent in the second quarter, according to analyst group Gartner, with Acer and Asus experiencing crushing falls in sales of more than 40 per cent. Gartner's Meike Escherich, principal research ...
Tags: PC Sales
The all-new Hyundai i10 has been revealed ahead of its debut at next month’s Fankfurt motor show, highlighting sharp styling, new features and a new powerplant. Originally previewed by the 100mm-longer Grand i10 (pictured below) at ...
Tags: Hyundai I10, City Car
Henan Province-based Chinese steelmaker Zhongyuan Special Steel Co. has issued its financial results for the first half of the current year, indicating a net profit of RMB 32 million ($5.23 million), down 732.93 percent compared to the same ...
Tags: Special Steel, Net Profit
McLaren executive chairman Ron Dennis Ron Dennis is famous as the most successful Formula 1 team boss in the history of the sport, but he is less well known for being a business mentor and shareholder in a celebrated lighting company. ...
Tags: race light, Auto Parts
According to persons familiar with the matter, Sharp Corp. Plans to raise capital of about 100 billion yen ($ 1 billion) through issuing shares in public and private ways in September. These insiders said that Sharp Corp., the largest ...
Tags: LED, LED Lighting, Sharp
When the market moved above a two-month old triangle formation on Wednesday, it generated a flood of new spec buying that lifted the December contract to its highest close in over 15 months. Today’s high of 89.42 cents came within ...
Tags: Cotton Prices
Indorama Ventures Public Company Limited (IVL), the world’s largest PET company, achieved total sales revenue of US$ 1.9 billion in the second quarter of 2013, a rise of 9% over the same period last year. Margin gains in Asia ...
Tags: Pet Company
Yokohama Rubber Co. Ltd. posted net income of 13 billion yen on net sales of 269.7 billion yen for the first half of its fiscal year ended June 30, 2013. Operating income was 19.1 billion yen, down 4.2% compared to the year-ago period. ...
Tags: economy, Auto Parts
Government requests to Twitter to reveal private information about users has rocketed by 40 per cent in the first six months of this year, the social media company has revealed as part of its bi-annual transparency report. The report, ...