The European Bank for Reconstruction and Development (EBRD) is providing a $15m loan to Agrofusion Group, the largest tomato paste producer and exporter in Ukraine. Agrofusion, a vertically integrated and family-owned company, is planning ...
Tags: European Bank, tomato
China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year. Analysts said the low consumer ...
Tags: retail inflation, vegetables, food prices
Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
China's central bank has drafted new rules to tackle risks from shadow banking, in a tacit acknowledgment that a host of measures in recent years to control off balance sheet credit have failed to control its risks, the Financial Times ...
Tags: Shadow Banking, balance sheet
Beijing's "cautious tightening signals" for credit are largely being ignored by banks and at the local level, where attention is focused on maintaining steady economic growth, especially with key Communist Party meetings looming this year, ...
Tags: emerging markets
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
The European Bank for Reconstruction and Development (EBRD) has agreed to provide €18.5m of loan to Global Beer Georgia (GBG) to construct and operate a greenfield brewery in Georgia. It will be a syndicated loan package which will ...
The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an "irresponsible" media report that the yuan had fallen below that ...
Tags: US dollar, Chinese economy
The gadget giant is expanding its partnership with Red, an HIV/AIDS advocacy organization founded by U2 singer Bono. "Of course corporations should have values, because people should have values," CEO Tim Cook said in an interview with ...
Tags: Apple, World AIDS Day, Red
Keeping up a sound and steady pace of development, the Chinese sports industry was booming in 2016 as investors tried to cover a wider range of business, while finding new engines to drive growth. Policy-oriented industry China's State ...
Tags: Sports Industry, outdoor sports
Has been committed to the fight against the black China Mobile, now being black "pull out the wool". Recently, the reporter found that in twenty-first Century economic report, China Mobile launched the consumer trading platform for ...
The performance of the mobile phone is more and more strong, more and more rich, many things can be compared with the current PC, which is caused by the current mobile phone Trojans, phishing sites and more virus, so many people are in the ...
Tags: mobile phone, anti-virus software, mobile phone system