Sales of luxury goods slowed in China , with the growth rates falling for the first time amid slowing economic growth and brand proliferation, a new study said on Tuesday.China's luxury market is undergoing a fundamental shift, brought on ...
Tags: Luxury Goods, economic growth
Venezuela has hit an all time low in vehicle production, which fell to a 19,759 units representing a drop of 72.5%. Government's currency control has tied auto makers from importing essential components for the production of vehicles. ...
Tags: parts shortages, labor disputes, Auto
On December 17, 2014, SAIC Iveco Hongyan 2015 marketing business annual conference was held in Chongqing, and the theme of this annual meeting is quality casting Hongyan. From all over the country, more than 800 Hongyan heavy truck ...
Tags: heavy truck dealers, service providers, Transportation
Fonterra, New Zealand's dairy co-operative, has reduced the price it expects to pay farmers for milk, in response to the declining dairy prices in the international market. The price has been reduced to also deal with the glut in ...
Tags: Dairy, milk, Agriculture
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
Diageo is postponing plans to expand production capacity in Scotland citing reducing demand for spirits. According to the company, the slump in demand for spirits is due to economic slowdown across the globe. Earlier in 2012, Diageo ...
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
The Asian price spread between high density polyethylene and ethylene feedstock turned negative Thursday, September 25, falling to minus $5/mt from parity a day before, due to the bearish PE market amid continued firm ethylene, Platts data ...
Tags: HDPE-Ethylene, PE
Russia's auto market shows no signs of improving in the next two years, having been hit by an economic slowdown and the weak rouble, according to media reports. Sanctions over Ukraine have hurt the Russian economy, hitting car sales to a ...
Tags: Russian, Demand, Metallurgy
Turkish integrated steelmaker Erdemir has announced a net profit of TRY 344 million ($159.3 million) for the second quarter of the current year, increasing by nine percent year on year, while the company's sales revenues amounted to TRY ...
Tags: Turkey, Metallurgy, Energy
Worldwide airline share prices fell 2% in July compared to June, but in line with performance of the broader market. Initial Q2 financial results show strong gains for US airlines' performance, but declines in Asia Pacific due to cargo ...
Tags: Service, Airline economy, Air transport
US natural gas demand could increase by 3 Bcf/d to 10 Bcf/d by 2020 under an expected Environmental Protection Agency plan to reduce carbon dioxide emissions from power plants, analysts said Friday. Using its authority under the Clean Air ...
Tags: Gas Demand, natural gas
China’s decelerating economy is weighing on the country’s small businesses, which account for 60% of its gross domestic product. According to a survey by China’s State Administration for Industry and Commerce, 60% of ...
Deyu Agriculture Corp. (the "Company"), a Shanxi Province, China-based vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains, today announced its financial ...
Tags: Deyu Agriculture, agricultural products, corn, grains
A key gauge of China’s manufacturing activity fell again in February as companies are becoming increasingly cautious about future business conditions amid sluggish demand both at home and abroad. The official Purchasing ...
Tags: PMI, manufacturing activity