Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
ICE Cotton gradually moved higher earlier this week supported by bullish views on the market, but the supply & demand report released kept the market in check, and the week ended at a slightly lower level. The week’s high was posted ...
Tags: ICE Cotton, Textile
Dr. Kavuru Samba Siva Rao, the Minister of Textiles chaired a meeting with the members of All India Handicrafts Board comprising of officials from different Ministries and Departments of Central and State Governments, apart from the ...
Kenya s second-largest cement firm ARM Cement posted a 28 percent rise in first-half pretax profit helped by a rise in cement sales, and it forecast a strong performance for the second half of the year. The cement manufacturer, which ...
Tags: Cement, Construction
THE Australian dollar weakened slightly after the International Monetary Fund warned of a prolonged growth slowdown in China. At 6.30am AEST the local unit was trading at 91.79 US cents, down slightly from 91.83 cents at yesterday's local ...
Tags: economy
The federal government announced yesterday that it is spending $47 million in an effort to expand and update facilities at the Lacolle Border Crossing. Minister of Transport, Infrastructure and Communities Denis Lebel made the ...
Tags: Transportation, Auto Parts
FTR Associates reported this week that its Shippers Conditions Index (SCI) fell once again in February, bringing the current reading to -9.5. And they expect 2013 to get much worse. February's two point drop wasn't a surprise as FTR has ...
Tags: Auto Parts, Transportation
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market
Electro-Federation Canada (EFC) says it has—along with the Canadian Institute of Plumbing and Heating (CIPH)—engaged Canadian and American industry stakeholders to address concerns about "non-aligned regulator objectives, ...
The Ministry of Finance announced Thursday that it has expanded its trial municipal bond program, allowing more local governments to issue bonds directly and assume a larger role in managing their own finances, The Wall Street Journal ...
Tags: Municipal Bond Program
Despite China's slowing economic growth, the retail industry in the world's second-largest economy will maintain sustainable growth in the medium and long term, commerce officials said on Thursday. Meanwhile, the industry is undergoing a ...
Tags: Retail Industry, economic growth
According to data released by the Turkish Steel Exporters’ Union (CIB), Turkey’s steel exports totaled 10 million tons in the first half of this year, down by 0.5% year on year, caused by slowdown in global economic growth and ...
Russian Prime Minister Dmitry Medvedev held a meeting on the development of the chemical and petrochemical industries. The attendees of the meeting included Deputy Prime Minister, Arkady Dvorkovich, Alexander Novak, the Minister of ...
Tags: Petrochemicals
According to the World Bank's latest Turkey Regular Economic Brief issued on July 3 in Ankara, Turkey's economic growth in 2013 is forecast to remain below trend at an estimated 3.6 percent. The brief links moderate growth prospects to ...
Tags: Economic Growth, World Bank, economy
The Qualifying Renewable Chemical Production Tax Credit Act of 2013 has been introduced by the new legislation to reduce taxes for producers of renewable chemicals in the US. The act also provides the renewable chemical producers with ...