crisis
May 6th, 2010
Mr Surma Sees US Steel Industry Coming Out of Recession
Mr John Surma chairman & CEO United States Steel Corporation, during the second day of the Association of Iron & Steel Technology conference, said that he sees the North American steel industry coming out of this recession in better shape than in previous downturns.
He said that one reason is the economic crisis that lead to...
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 10th, 2010
US, Europe Eye Free-Trade Pacts With Rising Asia
The talks will follow the launch of negotiations on a free-trade agreement between Singapore and the European Union, which is also keen on expanding trade ties with Southeast Asia
Singapore: The United States, fearful of being sidelined as China and other fast-growing Asian economies speed up their integration, is banking on a new trade pact to...
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...
Dec 16th, 2008
DSM Business In China Has Suffered Trauma
Despite the global economic crisis spread, due to the fundamental interests of the consolidation of long-term needs, in a rush of expansion in China the world’s chemical giants did not back down.
Dutch company DSM has recently issued that a new plant in Shunde city in the Pearl River Delta will be build in a few...