Bright Food gets nod to increase stake in listed unit
01-05-2010
- Bright Food (Group) Co got approval from authorities to acquire Shanghai Industrial Holdings' (SIH) stake in dairy firm Bright Dairy & Food Co, the China Daily reported Tuesday.
Bright Food, the parent company, pla..
U.S. manufacturing activity grows at fastest pace in 3 years
01-05-2010
- Manufacturing activities in the United States grew at the fastest pace in three years in December, signaling an accelerated recovery, the Institute for Supply Management (ISM) said Monday.
ISM, the influential trade gr..
Brazil has lowest trade surplus in eight years
01-05-2010
- Brazil registered a trade surplus of 24.62 billion U.S. dollars in 2009, the lowest since the beginning of the Lula administration in 2002, official figures showed on Monday.
The 2009 figure, down 0.2 percent from 2008..
Brazil expects U.S. to resume top importer status in 2010
01-05-2010
- Brazil is expecting the United States would in 2010 again become the top destination for the country's exports, a senior government official said on Monday.
But Welber Barral, foreign trade secretary at the Brazilian M..
U.S. sees yearend surge in acquisition of venture-backed compa..
01-05-2010
- Mergers and acquisitions (M&As) of venture capital-backed companies in the United States surged in the fourth quarter last year, setting the stage for a promising 2010, Dow Jones Venture Source said on Monday.
Acco..
Eurozone manufacturing recovers strongly in December
01-05-2010
- Manufacturing activity in the eurozone expanded at its fastest pace in 21 months in December of 2009, a survey showed on Monday, confirming a previous estimate.
The final figure for the Purchasing Managers Index (PMI) ..
General Motors launches small car Beat in India
01-05-2010
- International car major General Motors (GM) on Monday launched its mini-car "Chevrolet Beat" in India, priced between 334,000 to 394,000 rupees (6,700 to 7,900 U.S. dollars) in showroom in Delhi.
The Beat will shortly ..
China imposes anti-dumping measures on imported food additives..
01-05-2010
- China's Ministry of Commerce (MOC)announced Monday that it is to impose temporary anti-dumping measures on food additives imported from Thailand and Indonesia.
The preliminary ruling required importers of disodium 5'-i..
GM reaps strong sales on Chinese market in 2009
01-05-2010
- Whole year auto sales for the U.S. auto giant General Motors (GM) in the Chinese market topped 1.82 million units, up 66.9 percent from a year earlier, the company said Monday in an annual business report.
Bullish sale..
S Korea hopes to settle free trade deals with Peru, GCC in 201..
01-04-2010
- South Korea is seeking wrapping up free trade negotiations with Peru and six Gulf states, settling the deals within the year, local media reported Monday, quoting the trade minister.
According to South Korea's Yonhap N..