business

Jun 16th, 2010

MBA Mortgage Applications Index in U.S. Increased 18% Last Week

An index of mortgage applications in the U.S. jumped 18 percent as refinancing rose to the highest level in a year and purchases increased for the first time in six weeks. The gain in the Mortgage Bankers Association’s index in the week ended June 11 followed a 12.2 percent decrease the previous week. The Washington-based group’s...

Jun 15th, 2010

There Were no Dramatic Changes on the Austrian Nuts and Kernels Market in 2008

In 2008 despite the worsening economical situation, there were no dramatic changes on the Austrian consumer market, Nuts and Kernels Market included. As for most products, purchasing power remained at the level of the preceding year. There has been a moderate increase of consumer goods and services prices with a clear trend of its enhancing. Starting with...

Apr 21st, 2010

Green Plains to Acquire Agribusinesses

US-based ethanol producer Green Plains Renewable Energy is set to purchase numerous agribusiness companies located in west Tennessee, US. These include five grain elevators situated in Como, Dyer, Kenton, Trenton, and Union City, Tennessee, and have the capacity to store 11.7 million bushels. A wholly-owned subsidiary of Green Plains Renewable Energy, Green Plains Grain Company TN,...

Mar 31st, 2010

US Rebound on Good Footing: Fed’s Fisher

The US economic recovery is gathering speed as business activity picks up pace, despite lingering weakness in employment, Dallas Federal Reserve Bank President Richard Fisher said on Tuesday. In an unusually detailed account of information obtained from industry contacts, Fisher cited improvements in areas ranging from shipping to retail, arguing the nation’s economic rebound was on...

Mar 19th, 2010

Data Points to Modest Recovery, Muted Inflation in US

Labor market and consumer prices data on Thursday showed the US economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve’s vow to keep benchmark interest rates ultra-low for some time. Initial claims for state unemployment benefits fell 5,000 to 457,000 last week, the Labor Department said, suggesting...

Mar 2nd, 2010

Loan to Kick-start U.S. Solar Thermal Industry

Federal funds could help 15 gigawatts of solar projects move forward. A massive $1.37 billion loan guarantee that the U.S. Department of Energy granted to Brightsource Energy last week could help clear the way for over 15 gigawatts of solar projects in California, and could be the key to launching a new solar thermal industry in...

Feb 26th, 2010

The Car Industry Is In As Much Trouble As Toyota

Toyota’s (TM) sales in the US market are supposed to fall and some of its large rivals like Ford (F) and Honda (HMC) are supposed to benefit from customers who will no longer consider buying vehicles from the world’s top car company. February will be the first barometer of whether that theory is right. It...

Jan 21st, 2010

U.S. Construction Industry in Doldrums –Survey

A survey of U.S. companies that build highways, buildings and sewers found nine in 10 predicting their business will not rebound in 2010 from depressed levels, a trade group said on Wednesday. Based on the responses of some 700 contractors across the United States, 88 percent of the firms do not expect overall conditions to improve...

Jul 21st, 2009

CNOOC to Invest $370 mln in petchem JV

LG will hold 50 percent of plant with CNOOC Plant will produce 300,000 tonnes of ABS by 2013 $300 mln in sales targetted by 2012, $600 mln by 2014 (Adds details) South Korea’s LG Chem (051910.KS: Quote, Profile, Research) and state-owned China National Offshore Oil Corporation (CNOOC) will invest a total of $370 million to build a petrochemical...

Feb 27th, 2009

New Industry Business Reports 2009 Now Available at MarketPublishers.com

LONDON-MarketPublishers prepared a range of Industry Business Reports 2009 studies ( http://marketpublishers.com/ibreports2009) on key industries in more than 70 countries of the World. Each Business Report provides a thorough focus on an individual industry in a country with latest market data updated in respect to current economic situation. Industry business reports present a powerful tool aiming...