industry

Beijing West Industries Group (BWI) has built up its business and customer base since purchasing part of US company Delphi last year, according to Chairman and CEO Fang Jianyi. Fang was speaking at Auto Components Shanghai 2010, which is being held from June 21 to 23. "BWI ...
Sales of secondhand luxury cars have been declining since November and touched a new low in May, according to officials at the Huaxiang used car market in the Fengtai district. According to Wang Meng, director of the market, secondhand cars costing about 600,000 yuan are selling ...
MOSCOW, March 3 - Oil output in Russia is projected to reach 495-496 million tons this year, Deputy Prime Minister Igor Sechin said on Wednesday. "If everything goes ahead as scheduled, oil output will amount to 495-496 million tons," Sechin said at a meeting with President ...
STOCKHOLM, March 9 - The northwestern coast of Denmark has been hit by oil pollution, according to reports reaching here from Copenhagen on Tuesday. The oil slick is about two meters wide and 30 kilometers long with various thickness along the west coast of Northern Jutland in ...
March 10 - The global economic recovery will push world oil demand sharply higher in 2010, the U.S. Energy Information Administration said on Tuesday as it increased its demand growth forecast for a second consecutive month. The U.S. government's top energy forecasting agency ...
KUWAIT, March 9 - Kuwaiti group Aref Energy Holding Co (AREF.KW) said it sold 95 percent of its stake in a gas joint venture in Texas, making about $60 million profit. In 2007, Aref set up DeWitt Tract Co, a fully-owned unit with a 50 percent share in a 20-year oil and gas ...
A supplier to Toyota Motor Corp in Tianjin was shut down temporarily on Tuesday after workers chose to strike for better wages, but returned to work on Wednesday after wage talks were held. The strike began at 11 am on Tuesday in the Tianjin Star Light Rubber and Plastic Co Ltd, ...
HOUSTON, March 9 - The Genscape weekly U.S. coal stockpile report showed the first year-over-year decline, of 1.7 percent, since September 2008, the power industry data provider said Tuesday. The report recorded a week-to-week decline in coal supplies, of 0.5 percent, at the time ...
China exported 3.15 million motorcycles from January to May this year, up 39 percent compared to the same period in 2009 as both sales and motorcycle production in China soared, the country's Ministry of Industry and Information Technology said Thursday. The total value of ...
About 50 workers unhappy about pay at a Toyota parts supplier in north China's Tianjin refused to work Thursday but the plant's operation was not affected, local authorities said Thursday. This was the second strike hitting auto parts suppliers for Toyota's assembly plants in the ...
March 8 - Helix Energy Solutions Group Inc (HLX.N), an operator of offshore oil and gas facilities, said it is looking to divest its entire oil and gas business. Helix intends to become a contracting services company focused on deepwater well intervention and subsea construction, ...
HOUSTON, March 5 - Exxon Mobil Corp (XOM.N) will begin a planned overhaul this week at its 150,000 barrel per day (bpd) Los Angeles-area refinery in Torrance, California, that will include the 100,000 bpd gasoline-producing fluidic catalytic cracking unit, an Exxon spokeswoman ...
German automaker Volkswagen is displaying three all-electric cars and one hybrid at its week-long 2010 E-workshop in Shanghai, as the automaker stakes a leadership claim on the electric-vehicle industry. The "Lavida blue-e-motion," one of the three zero-emission models on display...
p> China's National Development and Reform Commission on Friday submitted a report on the implementation of the country's 2009 national economic and social development plan and on the 2010 draft development plan to the National People's Congress, China's top legislature. ...
China's leading automaker Chery has said that its May sales increased 43 percent from a year earlier to 52,410 vehicles, and exports surged 259 percent to 8,053 vehicles, taking the lead among the country's homegrown automakers. Chery's sales growth in May was 14.65 percentage ...
A want-ad posted by a Honda supplier's factory in south China's Guangdong Province triggered renewed discontent among striking workers on Sunday as their walkout entered its fifth day. About 300 workers at Honda Lock (Guangdong) Co. Ltd., located in the Xiaolan Township of ...
TOKYO, March 7 - "Honmaya" is nothing special from other bottled purified water lined up in store shelves in Osaka of Japan, except for its pink wrapping which appeals more to female customers. But the purified water, which can be found in hundreds of convenient stores scattered ...
Auto prices in China rose slightly year on year in May, according to sales statistics of 36 major cities released by the price monitoring center under the National Development and Reform Commission (NDRC) Sunday. In May, prices of the country's domestically made automobiles edged ...
BEIJING, March 7 - China's Shanxi Province, traditionally the country's top coal producer, expects its coal output to rise by up to 30 percent in 2010, the province's party boss said on Saturday. "The coal orders we have received have exceeded 700 million tonnes. We expect to ...
China's Ministry of Commerce (MOC) said Sunday it will extend the auto replacement subsidy from May 31 to Dec. 31. The move aims to accelerate the elimination of high-emissions and polluting vehicles, and stimulate automobile consumption, said the MOC in an online statement. ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...