China New Borun Corporation (NYSE: BORN; "Borun" or the "Company"), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the third quarter ended September 30, 2013. ...
Tags: China New Borun, Food
France-based pipe manufacturer Vallourec has announced its financial results for the third quarter and the first nine months of 2013. According to Vallourec's report, in the third quarter this year the company registered a net profit of ...
Stockport-based schoolwear supplier Rowlinson Knitwear has implemented a new foreign exchange strategy to help protect the firm from currency volatility risk. Working with HSBC's Manchester Commercial Centre, Rowlinson has ensured ...
Tags: schoolwear, Knitwear
In a panel discussion on fuel surcharges at the CITT's National Conference on Supply Chain & Logistics today, Lou Smyrlis, editorial director of Truck News, asked shippers, carriers, and oil industry experts to weigh in on the discussion ...
Tags: Transportation, shipping, auto
Deal or no deal, the US Congress' dance with default impressed policymakers and investors in China and Japan with just how vulnerable their own economic revival plans are to the next political tantrum on Capitol Hill. The 11th-hour ...
Tags: Dollar Drama, Economy
Last week, the median price of their currency against the US dollar hit a record high, close to 6.1, the second high after the National Day. Market participants believe that the high innovation more intention shows the central bank ...
SABMiller plc today provides an update on trading during the six months ended 30 September 2013. The calculation of the organic growth rates excludes the impact of acquisitions and disposals on net producer revenue and volumes. Alan ...
Tags: SABMiller plc, Trading Update
US trucking is "on the cusp" of a capacity crunch, according to American Trucking Associations vice president and chief economist Bob Costello. Costello told the popular All Eyes on the Economy panel that eventually demand for freight ...
Tags: trucking, Transportation
The central parity rate of renminbi against the US dollar hit 6.1412 on October 15. The exchange rate of renminbi against the US dollar closed at 6.1027 in the spot exchange rate inquiry system on October 15 and 6.1082 on October 14, a ...
Prices for ferrous scrap exports from the US West Coast increased for a third consecutive week this week, with deals for containerized heavy melting scrap I/II (80:20 blend) being concluded at $358/mt CFR Taiwan on Wednesday, up about $2/mt ...
Tags: Metallurgy, Mineral, Energy, Chemicals
China will slash the per-tonne retail prices of gasoline by 245 yuan (39.84 US dollars) and that of diesel by 235 yuan, starting from Monday, the country's top economic planner said on Sunday. The adjustment will lower the benchmark ...
Tags: Retail Fuel, Energy
ICE October Brent dipped to its lowest level in a week then settled $2.40 lower at $113.72/barrel Monday, while NYMEX crude also fell as uncertainty over a potential US strike against Syria remained. In after-hours trade, October Brent ...
Tags: Chemicals
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to remain its domestic miseuri or spot prices for cold rolled coils (CRC) and plates unchanged for September. It’s learned that NSSC has ...
Tags: Stainless Coil, Construction
Sport exchange rate of the Chinese currency Yuan, or RMB, against the US Dollar slipped by 0.15 percent in August 2013. Hurt by worries that the US Federal Reserve will slash the QE size in September, the currencies of emerging markets ...
Tags: China Yuan, economy
While Indian rupee has become all-time low against the US dollar, the textile and apparel exporters of the country are pondering on benefits of sharp fall in rupee on the industry. The Indian rupee was marked at Rs. 61.66 on August 18, 2013 ...
Tags: Textile Exporters