Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
Chairman AEPC Dr. A Sakthivel commenting on the trade data released by commerce secretary for the month of May 2013 stated that, “Garment Sector continues to do well and is on positive trend. The better compliance practices ...
Tags: Apparel&Accessories, Textile, India
Vitro S.A.B. de C.V. (BMV: VITROA), announced that with an investment of USD $50 million to carryout major maintenance works on one of its furnaces in the Vidriera Querétaro Plant, it was able to convert said furnace into the largest ...
Tags: Construction
A majority shareholder is pressuring Smithfield Foods, Inc. (NYSE:SFD) to explore a breakup rather than go ahead with a planned USD 4.7 billion takeover by Chinese meat company. Activist investor Starboard Value LP said in a letter to the ...
Tags: Agriculture, Food, meat company
Chinese medical equipment maker Mindray Medical International (NYSE: MR) will meet difficulties in introducing products of ZONARE Medical Systems, Inc. into the Chinese market directly. The New York-listed firm put US-based ultrasound ...
China Minmetals Corporation president assistant Wang Jionghui states that the company is considering bidding for Rio Tinto Canada iron ore business. Rio Tinto plans to sell 59 percent equities in its Canada iron ore business; analysts ...
Tags: Metallurgy, Mineral, Energy
CITIC Capital Holdings announced on June 17 that it completed financing USD 683 million for CITIC Capital China Retail Properties Investment Fund, exceeding the targeted USD 600 million. It is the fourth real estate fund under CITIC ...
Tags: Metallurgy, Mineral, Energy, Service
The wild dog hunters can’t keep up. A bullet to the head or heart brings $500 per dog — but it doesn’t matter. Tens of thousands of wild dogs are breeding faster than the hunters can track and shoot. Weighing in at up to ...
Last week, India's export offer of hot dipped galvanized steel products (HDG) fell to US$835~US$839/ton, down by US$5~US$7/ton. However, most buyers are holding a cautious attitude to purchase and Chinese offer for HDG dropped dramatically. ...
A decade ago, few leaders in the apparel industry would have predicted the high level of technical expertise, quality, and design sophistication we are seeing in China’s knitwear business. While opinion once held that Italian and ...
Tags: Chinese Spinners, Yarns
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
According to Taiwanese Ministry of Finance, Taiwan's export value of iron and steel and articles made from iron and steel amounted to USD 1.5 billion in May 2013, decreased by 3.6% compared to the same month of 2012 and up 6.2% MoM. In May, ...
Tags: Construction, steel
Chinese oil giant Sinopec is expected to see drilling right of an oil field operated by its subsidiary Addax Petroleum in Gabon be withdrawn by local government. Etienne Ngoubou, a senior official with the Gabonese government, disclosed ...
Tags: Metallurgy, Sinopec
DuPont announced that it will increase prices on all of its titanium dioxide (TiO2) products sold in North America, Europe, the Middle East, Africa, Latin America and the Asia Pacific regions effective July 1, 2013, or as contracts allow as ...
Tags: Textile
Venezuelan Energy and Oil Minister Rafael Ramirez revealed that the nation has gotten USD 4 billion from China, which will be used for oil exploration. He told reporters that Venezuela planned to boost daily oil output to 4 million ...
Tags: Metallurgy, Mineral, Energy