Long-term prospects for the UAE cement industry are bright due to growth in investment in infrastructure in the UAE, GCC and key foreign markets, the latest study by Dubai Chamber of Commerce and Industry finds. The UAE has the potential to ...
Tags: market view, cement, UAE
Caterpillar Inc. CAT +0.06% plans to sell a majority stake in its third-party logistics division to private equity firm Platinum Equity for roughly $750 million. Under the agreement, Caterpillar will retain a 35% stake in the business. ...
Tags: market view, bulldozers/excavators
Toshiba said that net profit for the year to the end of March 2013 may be over 80%up on the previous year at $1.7bn after a 47%drop in net profits to$921m for the year to the end of March 2012.The company expects an operating profit of ...
Tags: Toshiba, bucks Japanese trend, LCD TVs, Apple
Manufacturing in the U. S. Probably expanded at a slower pace in April than a month earlier, indicating the industry that spurred the recovery almost three years ago is cooling, economists said before a report today. The Institute for ...
More than a century after General Electric Co. (GE) built its first research laboratory in an upstate New York barn, it’s wooing Silicon Valley engineers in a bid to connect machines the way Facebook Inc. (FB) links people. New hires ...
Tags: market view, Disruptor'
With demand from downstream customers remaining lukewarm in the face of an uncertain global economic outlook, China Steel Corp (CSC) decided to keep domestic contract steel prices for June unchanged. The nation's largest and only integrated ...
Tags: Industry Trends, steel
Fu Chun Shin Machinery Manufacture Co., Ltd., a seasoned maker of plastic injection molding machines in Taiwan, said it had received orders of NT$460 million in February, a monthly high, mainly from electronics, food-processing and ...
Tags: machine
Lumber, panelboard, pulp and paper manufactured by member companies of the Alberta Forest Products Association was worth about $2.2 billion in 2011, a drop of $152 million - or 6.6 per cent - from 2010. In the fourth quarter of 2011, ...
Tags: market view, Forestry, price
Global trade will grow 7 percent this year and at an annualized rate of 3.8 percent over the next five years thanks to an earlier economic recovery, HSBC Holdings Plc (HSBC) said today in a report. The trade forecast suggests grounds for ...
Full year 2011: Sales EUR 73.5 billion (plus 15%) EBIT before special items EUR 8.4 billion (plus 4%) Earnings per share EUR 6.74 (plus 36%) 4th quarter 2011: Sales EUR 18.1 billion (plus 10%) EBIT before special items EUR 1.5 billion ...
Tags: market view
Production cuts in Finland have brought some balance to the market Summary Sawn timber prices are improving. Mild weather has hindered access to harvesting sites. UK purchases continue to be hand to mouth. Finnish producers are generally ...
Tags: market view, mill
Taiwan’s hand tool industry is pursuing sustainable development for the next decade after surging between the 1970s and 1990s and maturing in the 2000s. Matt Yang, project manager of the Office to Revitalize Traditional Industries at ...
Tags: Industry Trends, hand tool
Columnist Amine Bouchentouf is a partner at Parador Capital LLC, an institutional advisory firm focused on commodities and emerging markets. He is the author of the bestselling Commodities For Dummies, published by Wiley. Amine is also the ...
Tags: Market View, copper, bronze, raw material
Caterpillar Inc. (CAT) posted fourth- quarter profit that beat analysts’ estimates and said Wall Street projections for this year were too conservative, lifting the stock market and bolstering expectations the world economy will ...
German plant and machinery orders dropped in December on weaker foreign demand, reflecting a slowdown of the global economy, the VDMA machine makers’ association said. Orders, adjusted for inflation, fell 10 percent from a year ...
Tags: market view, Machinery