by admin | Jul 28, 2014 | Business
Airbus will kick off the Farnborough Airshow with up to 100 commitments for its revamped A330neo wide-body jet, industry source said, deepening a contest with Boeing for up to $250 billion of orders at the core of the long-haul jet market. After months of speculation,...
by admin | Jul 28, 2014 | Business
The leader of five of the world’s largest emerging markets will showcase a new currency reserve fund and development bank. Critics say neither is enough to revive the group’s waning clout. Brazil, Russia, India, China and South Africa, known as the BRICS, will approve...
by admin | Jul 28, 2014 | Business
The sugar market will swing to a deficit as sustained low prices curb supply for a second year, according to Rabobank International, which joined Czarnikow Group Ltd. and Kingsman SA in forecasting an end to surpluses. Global output of raw sugar will fall short of...
by admin | Jul 25, 2014 | Business
India’s inflation probably eased marginally in June after the new government curbed farm exports, but a growing risk that drought will shrivel summer crops could encourage the central bank to keep interest rates on hold. Prime Minister Narendra Modi, elected in...
by admin | Jul 25, 2014 | Business
China has told government officials to use more electric and plug-in hybrid cars as part of its drive to cut pollution by putting 5 million such vehicles on the road by 2012. The measure is the latest in a series of steps that could help Chinese automakers including...
by admin | Jul 25, 2014 | Business
Samaung Electronics Co Ltda said last Monday it had suspended business with a Chinese supplier it suspected of employing child labour, less than a week after a U.S watchdog report accused the supplier of using under-aged workers. The South Korean smartphone maker...