Gulf Oil Review said that as OPEC members meet in Vienna next week they have good reason to feel satisfied. For the first time in history, the average price of the group's basket of oil has been above USD 100 a barrel for 8 consecutive ...
Tags: Gulf Oil Review, basket of oil, oil price, OPEC
Creating domestic demand is more important than funding international projects,says Giga Solar chairman Nuying Huang,Taipei;Jackie Chang,DIGITIMES[Monday 8 October 2012]The Taiwan government should create domestic demand first instead of ...
Tags: giga solar, solar cell, energy, Taiwan
New orders to German chemical producers recovered in October 2.5% from weakness in September as export demand picked up again, preliminary data by the federal statistics office showed Thursday. Foreign orders bounced back 4.6% from a 3.5% ...
Tags: chemical producers, export demand, federal statistics office
The new policy measures announced by the Colombian Government to boost the country’s textile and garment sector have been hailed by the Colombian Chamber of Apparel. The Chamber said the new policy measures, if well ...
Tags: new policy, tariff, illegal import
Renault India Pvt Ltd, the fully owned subsidiary of Renault SAS commenced its export activity with the shipment of first batch of its popular SUV the Duster from the Ennore port in Chennai. Renault India started its operation in the ...
Tags: Renault India, Renault, 350 Dusters, Duster
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
Styron plans to increase polycarbonate prices in Europe by Eur230/mt ($294/mt) in December due to squeezed margins, it said in a statement Wednesday. "Following the elevation in costs of the key raw materials associated with the ...
Saudi Arabia's non oil economy is expected to witness robust growth of 7.5% in 2012 on the back of continued high government expenditure and increased domestic demand. The Citi Research report Prospects said that the approval of the long ...
Tags: Citi report, oil industry, oil
Japanese carmaker is planning to reduce its production in the country by 15% with rising manufacturing costs triggered by a stronger yen and declining domestic demand. Nissan will halt production at one of two lines at the company's main ...
Tags: Japanese, Nissan, domestic production
Ford India, a subsidiary of Ford Motor Company, has sold 10,948 combined domestic wholesales and export units in October 2012. The company said that domestic demand remained steady with 7,577 vehicles sold in October 2012, compared to ...
Tags: Ford Motor Company, vehicle, exports, vehicle market
The Minister, Sergio Diaz-Granados, said that measures announced by President Juan Manuel Sntos, aim to boost the textile and apparel sector in Colombia. The President’s words came within the context of "Weaving Colombia," a major ...
Tags: textile, apparel, Weaving Colombia, weave
Yonhap reported that the South Korean economy will likely expand at a lower than expected rate in 2013 due to the sluggish economic recovery in advanced countries. Morgan Stanley said that South Korea's gross domestic product is predicted ...
Tags: Morgan Stanley, South Korean economy, economic recovery
Business Line reported that the iron ore transportation policy of Indian Railways has come under review. The high powered committee, constituted by the Railway Board a few months ago to examine the present policy and make necessary ...
Tags: Iron Ore, Indian Railways, Transport Policy, transportation policy
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday
According to a just concluded survey by apex industry body ASSOCHAM, with economic activity in Indian manufacturing sector is picking up slowly in view of the rising production levels together with upward spiraling domestic and export ...
Tags: ASSOCHAM, Indian manufacturing sector, domestic and export orders