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ZF Increases Profitability in The First Half of 2016

Aug 15, 2016

Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...

Tags: ZF, EBIT margin

Vanke-Baoneng Spat Heats up

Dec 22, 2015

The spat between China's largest property developer Vanke and its current biggest shareholder Baoneng Group has continued to heat up. Vanke's President Yu Liang says the company is facing a "hostile takeover". Last week, Chairman Wang ...

Tags: CRI, Vanke

China, Russia Sign 30 Cooperation Documents

Dec 18, 2015

Chinese Premier Li Keqiang (R) and Russian Prime Minister Dmitry Medvedev meet the press after the 20th China-Russia Prime Ministers' Regular Meeting in Beijing, capital of China, Dec. 17, 2015. [Photo: Xinhua] China and Russia signed ...

Tags: oil, gas, financial cooperation

China to Adopt Credit Ratings for Food, Drug Producers

Dec 17, 2015

China Food and Drug Administration announced on Tuesday that a credit rating system will be introduced into the food and drug industries. The authorities plan to collect information about credit standing of food and drug producers and ...

Tags: Food, Drug Producers, Credit Ratings

Minister Gao Hucheng Attends National Teleconference on Foreign Trade

Oct 22, 2015

The national teleconference on foreign trade was held in Beijing on February 26, 2015. Vice Premier Wang Yang attended and addressed the meeting. Also attending and addressing the meeting was Minister of Commerce Gao Hucheng. Gao said ...

Tags: high value-added products, corn processing products, textiles

Enterprises Abroad Hope to Open up the Chinese Market through Guangdong Free Trade Zone

Oct 22, 2015

On May 1, the Communication Meeting between the Import Exhibition Area of the Canton Fair and Guangdong Free Trade Zone was held in the Exhibition Hall of the Canton Fair. The meeting was attended by officials from the Consulates of ...

Tags: Guangdong Free Trade Zone, the high-end loudspeaker, beer, milk powder

Fitch Says Bangladesh Outlook Stable

Sep 1, 2015

Global credit-rating agency Fitch has projected Bangladesh's economic outlook as stable for the current year also, but with a footnote that political and banking-sector risks remained on the flip side, a leading Bangladeshi newspaper has ...

Tags: Fitch, economic outlook

Ind-Ra Has Maintained an Overall Stable Outlook for The Cotton Textile Sector for Fy16

Jul 10, 2015

Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...

Tags: textile manufacture, garment manufacture, cotton textile

Cotton Prices Will Remain Range-Bound During Cotton Year 2016

Jun 25, 2015

Cotton prices will remain range-bound during cotton year 2016 even if domestic production declines by 10 to 15 per cent, according to ICRA, an independent and professional investment information and credit rating agency. In a report ...

Tags: Cotton Prices, Cotton

The Reason Why Medtronic's Move Has Been So Unfortunate

Jan 30, 2015

Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...

Tags: credit rating, Health

Independent Players Push for Access to LNG Supply

Jan 30, 2015

Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...

Tags: LNG prices, LNG market

MWV to Fully Separate Its Specialty Chemicals Business From The Rest of The Company

Jan 14, 2015

MeadWestvaco Corporation has announced that its board of directors has approved a plan to fully separate its Specialty Chemicals business from the rest of the company. The separation is expected to be executed by means of a tax-free spinoff ...

Tags: tax-free spinoff, packaging business, Construction

Eastman Chemical Expects to Deliver Greater Than 12 Percent EPS Growth in 2015

Nov 18, 2014

Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...

Tags: speciality chemicals, free cash flow, Textile

Shandong Steel Plans to Issue Short-Term Bonds Worth RMB 3 Billion for a Term of 365 Days

Nov 3, 2014

Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on November 14 it plans to issue short-term bonds worth RMB 3 billion ($0.49 billion) for a term of 365 days, in its fifth short-term bond issue in the ...

Tags: steelmaker, Shandong Steel

Medtronic Plans to Raise $16 Billion Domestically Toward The $43 Billion Purchase

Oct 28, 2014

Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...

Tags: Medtronic, Covidien, Medical Device

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