Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
On the afternoon of November 23, the 26th China-US Joint Commission on Commerce and Trade concluded successfully in Guangzhou. After the meeting, the Alternative Trade Representative of the Ministry of Commerce Zhang Xiangchen, together ...
Over 15 years after the establishment of the Forum on China-Africa Cooperation (the "FOCAC"), China-Africa economic and trade cooperation has become a highlight in international cooperation with Africa and a model of South-South ...
Tags: FOCAC, financing cooperation
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
A weak crude complex which has seen futures values drop to multi-year lows is only adding to an already depressed Amsterdam-Rotterdam-Antwerp spot propane market, where demand has failed to benefit from any increase in end-user heating ...
Tags: Weak Crude, temperatures, propane
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Net income for the final period ended Oct. 3 was $4,240,000 against a loss of $765,000 on a 13% sales improvement to $120,194,000 from $114,897,000. Sales in basics rose 21% to $74.4 million from $61.4 million driven by activewear sales ...
Tags: Delta Apparel, Apparel
Plastic totes maker Newell Rubbermaid announced it was buying consumer and sporting goods maker Jarden in a cash and stock deal worth about $13.2 billion. The deal brings together two companies with numerous familiar consumer brands under ...
Tags: Jarden, Newell Rubbermaid, Plastic totes
India’s apex consumer court, which is hearing a lawsuit against Nestle’s Maggi Noodles, has ordered for tests to be conducted on 16 samples of Maggi Noodles, which have been preserved by Nestle India at the Food Safety and ...
Tags: Nestle, Maggi Noodle
Sorbent product manufacturer Multisorb Technologies has launched a low-profile desiccant card for managing moisture in pharmaceutical products. The PolySorb can be used in packaging of in-vitro diagnostic device kits, transdermal ...
Nestle has recommenced production of Maggi Noodles at all of its facilities in India, in an effort to make up for the lost time that cost the company Rs 4.5bn ($67.4m) when it was banned for five months due to excessive presence of lead in ...
Tags: Nestle, Maggi Noodles
Offers for Chinese domestic spot aluminum alloy ADC12 held steady after the previous week's fall due to a plunge in the primary aluminum price, sources said Tuesday. Despite the rebound in the primary aluminum price this week, sources ...
Tags: aluminum alloy, ADC12
Ukraine is seeking extra imports of anthracite coal from South Africa and other sources on looming shortages after supplies from Russia and territories controlled by pro-Russian separatists in Donetsk and Luhansk regions were suspended, ...
Tags: Coal, anthracite, natural gas
The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...
Tags: RBOB, gasoline, Renewable Fuels
China resumed initial public offerings (IPOs) on Monday, with an industrial explosives maker becoming the first to offer shares to investors following a four-month freeze. The China Securities Regulatory Commission (CSRC) froze IPOs in ...
Tags: IPOs, industrial explosives maker