LINCOLNTON, N.C. --- Just over a year ago Bruce Cochrane realized a long-term dream to reopen a case goods factory in the area where his family had done business since 1850. Lincolnton Furniture's product line included the Lincoln ...
Tags: furniture, Lincolnton
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
Tags: sharemarket, 2013, US, fiscal cliff
The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...
Tags: Local Stocks, Fears, US, Fiscal Impasse
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Dana Gas, the Sharjah based producer, has made two new gas discoveries in the Nile Delta basin. Successful drilling at the two wells, located near existing Dana operations, will increase the company's proven reserves by at least 17 ...
Tags: Dana Gas, gas discoveries, gas, gas industry
Reuters reported that the new trading arm of state run Saudi Aramco has finalized a January to June 2013 term contract to sell jet fuel with at least one buyer. Traders said that Saudi Aramco Products Trading Company has agreed to sell ...
Tags: Saudi Aramco, jet fuel, fuel price, Middle East
Business Line reported that growth rate of 8 core sector industries declined to 1.8% in November, from 7.8% in the same month last year, due to drop in production of coal, natural gas and cement. The 8 core sector industries had registered ...
Tags: coal, natural gas, cement, growth rate
DNO International has announced that its long-serving Managing Director, Helge Eide (pictured), is stepping down effective 31 December 2012. “After almost 17 years at DNO International, including the past 13 years as Managing ...
Tags: DNO International, Helge Eide, company news, Managing Director
Pakistan Daily Times reported that the Economic Coordination Committee of the cabinet,which recently met with Dr Abdul Hafeez Shaikh Federal Minister for Finance and Economic Affairs in the chair,approved the recommendations of its sub ...
Tags: Pakistan Daily Times, ECC, CNG, Pakistan
For a country with one of the largest reserves of natural resources in the world,the transformational potential of India's resources sector is immense.The sector has the potential to add USD 1 trillion to the Indian economy that can ...
Tags: economy, natural resource, greenfield exploration, poverty, India
US crude stocks fell 12.032 million barrels last week, while US distillate stocks jumped 6.71 million barrels, according to American Petroleum Institute data Thursday. The data painted a bullish picture for NYMEX crude futures, and a ...
Tags: US crude stocks, distillate stocks, Gulf Coast Draw, AP
US railroads in 2012 hauled less coal, by far the largest commodity to travel by rail, but made gains in other commodity groups, such as petroleum products, which saw growth of more than 46%, according to annual traffic data released ...
Tags: US Rail Traffic, Coal Woes, Oil Loads Climb, Chemicals
Weekly oil data from the US Energy Information Administration and the American Petroleum Institute should show a 1 million-barrel draw in US commercial crude inventories for the week ending December 28, analysts polled by Platts said ...
Tags: oil data, US Energy Information Administratio, crude inventories