The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...
Tags: Resources Stocks, economy
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
PPG Industries recently held a ceremony to celebrate the opening of its new automotive coatings development and application center in Tianjin, China. This facility is the first of its kind locally, and it will focus on the development of ...
Tags: PPG, Coatings Development, Coatings
God saw that the light was good, and he separated the light from the darkness. God called the light 'day', and the darkness he called 'night' - and humans came along and left lights switched on all night, illuminating the world like a ...
Volkswagen says it is “working hard” to improving the quality of its vehicles and customer service. The German brand has been languishing at the lower end of independent automotive quality surveys in recent years, and it has ...
Tags: Volkswagen, German brand
Voith has been commissioned with the equipment of a new hydropower plant in Angola in Africa. For the hydropower plant Cambambe II at the River Kwanza, the company will supply and install four generators and turbines as well as the control ...
Tags: Voith, Generators, Turbines
The Toyota Me.We concept has been unveiled in Paris, revealing a minimalist compact vehicle capable of being a small city car, an off-roader, a ute and a convertible. Powered by four electric motors – one in each wheel, like the ...
Tags: Toyota, Me.We Concept
The European Steel Association (EUROFER) has said it welcomes the decision of the European Parliament's Environment Committee (ENVI) to support a life-cycle approach (LCA) in evaluating CO2 emissions from passenger cars. Members have ...
Tags: Eurofer, Life Cycle, Mineral
Clariant, a world leader in specialty chemicals, has published its sustainability report for the 2012 financial year. This independent report, the third of its kind, focuses on strategic initiatives for achieving environmental and economic ...
Foodservice packaging company Lyons Magnus has announced an investment of $5m in a bid to expand operations in northern Kentucky. Initially, the company will purchase land to build a new facility for food processing, warehousing space and ...
Tags: packaging company, packaging
The UK’s Engineering and Physical Sciences Research Council (EPSRC) has awarded funding totaling £1m to two universities – University College London (UCL) and Bristol – to support the development of compound ...
Tags: Solar Cells, Silicon Substrates
Solar dog houses have particular appeal to folks living in the cold northern climes. The basic idea is to keep your dog warm by employing solar technology in the dog house design. If you peruse Google Groups, you'll come across a number ...
Toledo, Ohio-based glass fiber reinforcements and engineered materials producer Owens Corning will invest $7 million to build a 175,000-square-foot warehouse adjacent to its Aiken, S.C., facility for storing products produced at the plant. ...
Tags: Textile, glass fiber
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
Grundfos has just inaugurated its new North American headquarters in Downers Grove, Illinois. The Chicago area was chosen because of its proximity to the resurging manufacturing sector surrounding the Great Lakes and its open political ...