Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
Despite a disappointing start to 2015 with -0.2 GDP change in the first quarter, economic analysts are confident that America's GDP growth will hover just over 3 per cent for the rest of the year, says the Confederation of British Industry ...
Tags: US Economy, GDP growth
German petrochemicals producer BASF said July 24 that it expected the economic slowdown in China, margin volatility and growth uncertainty in Europe to be the biggest risks to growth for its chemicals division during the second half of the ...
Tags: Petrochemicals, oil
Driven in large part by the rapid expansion of shale oil and gas drilling and production in North America, the world market for oil field specialty chemicals at the service company level reached $25 billion in 2014, up from nearly $16 ...
Tags: chemicals, coating, paint pigment, shale oil
Textile mill owners in Pakistan’s Punjab province who had announced a voluntary closure of their mills a few days ago, have now called for a ‘forced closure’ after Eid, the Pakistani media has reported. The millers ...
Far Eastern New Century Corporation (FENC), one of Taiwan’s leading textile makers, will invest NT$ 10 billion (US$ 320 million) to expand its existing capacity in Vietnam. In a statement issued following the company’s ...
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
Despite significant regional challenges, international retailers are taking the long-term view on investments in developing markets and are persisting in finding solutions, according to global management consulting firm A.T. Kearney. The ...
Tags: Global Retail, Retail
Nigeria’s textiles traders are a worried lot over the increasing Chinese footprint in the country. While the proliferation of Chinese-made textiles is a boon for low income consumers, traders in Kano, northern Nigeria’s biggest ...
Tags: textile market, textiles
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
Automobile markets in China and Russia are losing steam, bearing down on automobile manufacturers. On one hand, the euphoria set in by the recovery of European market post-recession fail to cheer up carmakers as their efforts to post ...
Tags: Volkswagen, Automobile markets
A study by German market intelligence firm GfK has found the situation for retail in crisis countries in Europe has improved. GfK has carried out a comprehensive analysis of the retail scene in 32 European countries. The study examined ...
Tags: European Economy, German market
General Motors (GM) has rolled out its sixth generation Chevrolet Camaro to offer a driving experience characterized with lighter architecture and broader powertrain. The 2016 Chevrolet Camaro, introduced on Belle Isle in downtown ...
Tags: Chevrolet Camaro, General Motors
Costs - related to areas like more efficient manufacturing processes, applications, use of energy and logistics – were a major focus of attention at the European Coatings Show (ECS) in Nuremberg, Germany, in April. The three-day ...