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Business : Page 1345

El Nino could bring drought relief to California
California droughtApril 15, 2014 ET
Climatologist Evelyn Browning-Garriss of the Browning Newsletter says the main event that could bring more serious relief from the Western drought is a potential El Nino brewing in the Pacific.
South American vehicle market to grow to 5,760.79 thousand units
Brazil carsApril 15, 2014 ET
The major automobile segment in the South American region is the passenger cars, which is growing at a significant rate compared to heavy-duty commercial vehicles (HCVs) and slightly lower than that of LCVs.
Scrap recycling industry supporting 463,000 jobs
Raleigh Metal RecyclingApril 15, 2014 ET
Raleigh Metal Recycling and its sister company Goldsboro Metal Recycling have completed their year-end financial review. The scrap recycling industry is one of the largest U.S. employers, supporting directly and indirectly 463,000 jobs.
Air cargo market to grow 5.97 percent
Air cargoApril 15, 2014 ET
The analysts forecast the global air cargo market to grow at a CAGR of 5.97 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing number of online retail stores.
$8 billion MRT waiver for New York's health care system
New York health careApril 14, 2014 ET
New York has finalized terms and conditions with the federal government for a groundbreaking waiver that will allow the state to reinvest $8 billion in federal savings generated by Medicaid Redesign Team (MRT) reforms.
Indian companies likely to increase salaries
India companyApril 14, 2014 ET
Indian companies are likely to increased an average salary by 10.3 percent in pharmacutical, health care and life sciences projected to get 12.4 percent raise, according to Deloitte India.
Indian publishing industry growing
India publishingApril 14, 2014 ET
According to industry body FICCI, the Indian publishing industry is currently growing at a compound annual growth rate of 25 percent.
China to become cruise superpower in Asia
China cruiserApril 14, 2014 ET
China will become the Asia-Pacific region's largest cruise market by 2020. There will be 4.5 million cruise travelers in China by the end of the decade, representing 33 percent annual growth from 2013, according to the Ministry of Transport.
Spain trade of olive oil beats record
OlivesApril 14, 2014 ET
The mass marketing of olive oil (sum of the outputs on the internal and external market), since the start of the 2013/2014 campaign has reached 500,100 tonnes, 30% up on the previous year.
IMF: Economy is recovering and the worst is over
Youssef Boutros-GhaliApril 14, 2014 ET
The global economy appears to be recovering and the worst is definitely over, chairman of the International Monetary Fund Youssef Boutros-Ghali said.
Online advertising rules, TV and newspapers suffer
Online adsApril 14, 2014 ET
Marketers are spending more to promote their brands online than on broadcast television for the first time. The growth is driven mostly by the significant increase of ads appearing on digital platforms.
Despite suffering economy, Egyptians are optimistic
Egypt street marketApril 14, 2014 ET
While 37% of Egyptians share a positive sentiment that their personal financial position will improve in the next six months, 79% also expect the cost of living to increase.

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