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ZF Increases Profitability in The First Half of 2016
Aug 15, 2016Friedrichshafen. 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
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Vanke-Baoneng Spat Heats up
Dec 22, 2015The 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 ...
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China, Russia Sign 30 Cooperation Documents
Dec 18, 2015Chinese 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
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China to Adopt Credit Ratings for Food, Drug Producers
Dec 17, 2015China 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
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Minister Gao Hucheng Attends National Teleconference on Foreign Trade
Oct 22, 2015The 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
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Enterprises Abroad Hope to Open up the Chinese Market through Guangdong Free Trade Zone
Oct 22, 2015On 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
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Fitch Says Bangladesh Outlook Stable
Sep 1, 2015Global 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
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Ind-Ra Has Maintained an Overall Stable Outlook for The Cotton Textile Sector for Fy16
Jul 10, 2015Credit 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
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Cotton Prices Will Remain Range-Bound During Cotton Year 2016
Jun 25, 2015Cotton 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
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The Reason Why Medtronic's Move Has Been So Unfortunate
Jan 30, 2015Posted 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
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Independent Players Push for Access to LNG Supply
Jan 30, 2015Falling 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
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MWV to Fully Separate Its Specialty Chemicals Business From The Rest of The Company
Jan 14, 2015MeadWestvaco 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 ...
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Eastman Chemical Expects to Deliver Greater Than 12 Percent EPS Growth in 2015
Nov 18, 2014Producer 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 ...
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Shandong Steel Plans to Issue Short-Term Bonds Worth RMB 3 Billion for a Term of 365 Days
Nov 3, 2014Chinese 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
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Medtronic Plans to Raise $16 Billion Domestically Toward The $43 Billion Purchase
Oct 28, 2014Since 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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