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Eurozone Inflation Hits Four-Year High in February
Mar 2, 2017Inflation 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
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TCL Packaging Buys New Machine to Increase Packaging Films Production in UK
Aug 31, 2016UK based printed packaging films producer TCL Packaging has purchased new automatic core cutting machine from Universal Converting Equipment in order to increase reel core production capacity in Suffolk. The new machine is planned to be ...
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IHS Says Brexit Could Cost Automakers 2.8 Million Vehicle Sales Through 2018
Jul 5, 2016IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...
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How Liquidleds Reinvigorated The Vintage Lighting
May 9, 2016"We not only produce energy-efficient bulbs, but also strive to take the quality of lighting to the next level," says Michael Yu, CEO of the Taiwan-based Liquidleds. He made the comment while marking the debut of the world's first soft ...
Tags: LED Filaments, LED light bulbs
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Consumer Confidence Stalls in March
Apr 6, 2016GfK’s long-running Consumer Confidence Index remained at zero in March, perhaps signalling Brexit fears. Two of the measures used to calculate it saw decreases this month, with one measure showing an increase and the remaining two ...
Tags: GfK, Joe Staton, Consumer Confidence Stalls
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“Mediocre” Is The New Air Cargo Reality
Mar 22, 2016The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
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BRF Recognized for Sustainability Efforts with Inclusion in ESG Index
Nov 13, 2015Brazilian food company BRF has been recognized for its sustainability efforts by including it in the environmental, social and governance (ESG) index, which was launched in June 2014. The ESG index was launched by Euronext which is a ...
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Emerging Markets Become China’s Lighting Products New Export Destinations
Nov 13, 2015Moderate economic growth in 2015 has become the “new norm” for the stabilizing Chinese economy. With the Chinese government introducing industry restructures, explosive economic growth has become history. Gone are the good days ...
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Air Freight Recovery Slow
Nov 12, 2015Air freight volumes were up slightly in September according to the IATA, with freight tonne kilometres (FTK) 1.0% higher compared to a year ago. This was a small improvement on August, when volumes were broadly stable year to year, however, ...
Tags: Air Freight, world trade
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Cautious Optimism Rules as Good News Returns
Nov 5, 2015An outbreak of cautious optimism in optics and laser markets is fueling the hope that the economic slowdown may be over. Not all vendors are cheerful however, with the order books of some in the materials processing sector continuing to ...
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Air Freight Continues to Lag
Oct 13, 2015The IATA reports that air freight volumes were broadly unchanged in August compared to a year ago, with freight tonne kilometres 0.2% higher. The August data shows a pause in earlier declines in air freight volumes, consistent with ...
Tags: Air Freight, air freight volumes
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Biomaterials Market in Europe Poised for Growth
Aug 18, 2015The short-term outlook for biomaterials in coatings and related sectors in Europe has been looking grim in the wake of the fall in the oil price. However companies along the biomaterials value chain in the region are not overtly concerned. ...
Tags: biomaterials, coatings
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Global Consumer Confidence Stayed Relatively Consistent for More Than a Year
Jul 30, 2015Global Consumer Confidence stayed relatively consistent for more than a year, declining one index point in the second quarter to a score of 96, according to global performance management company Nielsen's Consumer Confidence Index Report. ...
Tags: Consumer Confidence, economy
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China's Slowdown, Margin Volatility Among Risks
Jul 28, 2015German 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
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Greece Was Living Beyond Its Means Even Before It Joined The Euro
Jul 9, 2015Greece was living beyond its means even before it joined the euro. After it adopted the single currency, public spending soared.When the global financial downturn hit - and Greece's hidden borrowings came to light - the country was ...
Tags: Greece, Greece debt crisis, Grexit