Luxembourg-headquartered global steel giant ArcelorMittal has announced that it will permanently close a number of additional assets in Liege, Belgium, threatening 1,300 jobs, due to a further weakening of the European economy and the ...
Tags: steel giant, steel demand, steel
Toy Industries of Europe (TIE) has published a brochure, ‘The European Toy Industry: Facts and Figures’, which provides an overview of the substantial contribution made by toys to the European economy.
Tags: Toy Industries of Europe, brochure, toy, toy industry
The Australian dollar is expected to face a"difficult year"this year,as concerns about risks to the world economic environment ease and weak domestic factors come into play,according to a new report by HSBC's currency analysts. "While the ...
Tags: Fresh Headwinds, Australian dollar, risk, resilient performance
Styrene monomer traders Thursday said they remained bullish about the outlook for SM in the first quarter of 2013 and expect prices to stay firm even after hitting new record highs on almost a daily basis in December and to date in January. ...
Tags: Styrene monomer traders, outlook for SM, collapse, Chemicals
European chemicals output will contract by 2.0 per cent in 2012 compared with 2011, European chemicals group Cefic said. A lowering of its forecast released in September, the chemicals trade body downgrade reflects recent data showing a ...
Tags: chemical sector, chemical, chemicals output, chemicals group
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
Vale informs that it has concluded the annual assessment of Onça Puma and aluminum assets, which will imply the recognition of an impairment charge before tax of USD 4.2 billion, thus affecting our earnings in the fourth quarter of ...
Tags: Onça Puma, aluminum assets, aluminum price, aluminum
Chinese analyst firm, Research in China, warns the nation's LED industry may not live up to expectations LED manufacturers saw substantial price declines in 2011, and can expect much of the same until 2014, reports China-based business ...
Tags: LED
CIOs will increasingly have to share their control of IT budgets with marketing departments as customer relationship management (CRM) software is becoming critical to customer retention. Mac Scott, associate director in KPMG’s CIO ...
Tags: CIOs, control, IT budgets
Danone is to cut EUR200m (US$261m) in costs from its European operations in a bid to "win back its competitive edge" in the region after falling sales. The French food giant said it would "adapt" its management structure in Europe and ...
Tags: Danone, costs, European operations
European Commission vice president Mr Antonio Tajani, responsible for Industry and Entrepreneurship met with high representatives from the Steel Industry and the Social Partners in the second meeting of the High-level Roundtable on the ...
Tags: steel industry, meeting of the High-level Roundtable, european economy
The Jaguar C-X75 hybrid supercar has been dropped from Jag's production plans,with the luxury British manufacturer blaming its decision on the crippled European economy. Despite originally giving the C-X75 the green light in May ...
Tags: Jaguar C-X75, Jag, luxury British manufacturer, pure-electric
Latest savings programme is aimed to compete with rivals Siemens is intending to focus on reducing production costs and plans further job cuts in a bid to compete with its rivals under company's latest savings programme. The firm had ...
The deal will offer the firm with around $150m to $200m in cash US based chipmaker AMD is planning to sell and lease back its Texas campus in a bid to raise cash for funding chipmaking business, as it struggle with sluggish personal ...
Tags: AMD, chipmaking business, fund operation
The European Commission recognizes the strategic importance of the high-end industries Important days for Europe's luxury sector. The European Commission has adopted "Cultural and Creative Sectors for creative growth in the EU" ...
Tags: Androulla Vassiliou, EU, European Commission, European economy