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Post Online Media Magazine

Business: Page 1350

China's chemical sector went up 12.2 percent
China chemicalJanuary 31, 2014 ET
China's chemical sector saw its profits increase 12.2 percent year on year to 434 billion yuan ($71.06 billion) in 2013, data from the country's top economic planner showed.
Spain food industry saved by export
Spain food industryJanuary 31, 2014 ET
Given the current stagnation of domestic consumption, foreign sales in 2013 have once again been salvaged by the food industry.
China allows more private capital in telecoms
China mobile phoneJanuary 31, 2014 ET
China's Industry and Information Technology Ministry (MIIT) granted a second batch of licenses to eight private enterprises for resale of certain mobile services.
FDI rose to levels not seen since 2008
DollarsJanuary 30, 2014 ET
Global foreign direct investment (FDI) rose to levels not seen since the start of the global economic crisis in 2008, increasing by 11% in 2013 to an estimated 1.46 trillion U.S. dollars, with the lion's share going to developing countries, said a UN report.
Severe weather financial risk to airports
Airpot snowJanuary 30, 2014 ET
Flights cancelled due to the severe winter weather could result in financial risk to airports to varying degrees, according to Fitch Ratingst.
More Canadians employed in mining than reported
Canada miningJanuary 30, 2014 ET
New data shows a dramatic increase in the number of Canadians employed in the mining and related industries with more than 418,000 people in full-time-equivalent jobs, according to the Mining Association of Canada's latest Facts & Figures 2013 report.
Russia wants to turn Far East island into research hub
Russky IslandJanuary 30, 2014 ET
Russky Island off the city of Vladivostok, "San Francisco of the east", could become a replica of Silicon Valley. The local university wants to turn it into a high-tech business hub according to Deputy Prime Minister Yuri Trutnev.
Europe is the only hope for Ecuador's banana producers
Ecuador bananasJanuary 30, 2014 ET
Ecuador exported 253 million boxes of bananas, 5 million more than in 2012 but producers' expectations were not met as they thought there would be a higher increase in sales during 2013.
IMF: No fear in emerging markets
Jose VinalsJanuary 30, 2014 ET
The International Monetary Fund (IMF) said there is no panic in emerging markets although countries like India, Turkey and Argentina were facing sharp capital outflows and currency pressures.
South Korea current account surplus hits record
South Korea exportJanuary 30, 2014 ET
South Korea's current account surplus reached a record $70.7 billion in 2013, helped by robust exports, official data showed.
UK tech sector records excellent growth performance
UK tech sectorJanuary 30, 2014 ET
The UK tech sector shifted up another gear during the fourth quarter of 2013, with strong inflows of new work driving the steepest expansion of business activity for almost a decade, according to the latest KPMG/Markit Tech Monitor UK report.
U.S. biodiesel industry at record level
BiodieselJanuary 29, 2014 ET
The U.S. biodiesel industry set a new record in 2013 by producing nearly 1.8 billion gallons, according to the U.S. Environmental Protection Agency (EPA).

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