AP) -- In the Soviet days, Russians asked their American friends to bring blue jeans, rock records and other Western goods into the country. Today Russians can buy almost anything they want here - but they are still begging for
Tire manufacturer Michelin has awarded a three-year contract with European IT and business services company Logica. Announced today, the agreement names Logica as Michelin's applications services partner for its finance and purchase reporting group, supply chain management, marketing and sales
Japan's Nissan Motor Co. will also step up production of the NP200 pickup truck at the plant, they said. Renault holds a controlling stake in Nissan, Japan's third largest automaker by sales. "With this manufacturing project, the two groups are
Of more than 30 industrial distributors responding, 39% say demand was flat during the June-July period, while another 39% reported declining orders. Responses indicating higher year-over-year demand increased to 23% in June-July, up from 16% in May. Nearly half of
The eurozone recorded a trade deficit of 4.6 billion euros (US$7.3 billion) in May this year after an April deficit of 2.5 billion euros, the European Union's Eurostat data agency said. In May 2007, the eurozone chalked up a trade
The European Engine Alliance (EEA) was established in 1996 as a joint venture between Cummins and two Fiat Group companies, Iveco N.V. and New Holland, which is now CNH Global N.V., to develop a new generation of 4-, 5- and
The figure also represented a sharp increase from the already strong annual rate in May of 6%. As usual, the cost of energy was the main driver of higher producer prices, as those prices gained 0.9% on a one-month basis.
Grundfos is proud to be a major supplier to the architects, consulting engineers, contractors and venue owners at the 2008 Summer Games. This confirms Grundfos as one of the world's leading manufacturers and suppliers of high technology pumps and pump
India's expanding economy and rising disposable incomes are fostering growth in indulgence food categories, such as chocolate confectionery and sweet and savoury snacks. Francisco Redruello of Euromonitor International analyses the latest market trends and looks ahead.
Irish food and agribusiness group IAWS has moved a step closer to its planned merger with Swiss baker Hiestand after Swiss regulatory authorities cleared the deal.
Parmalat, the Italian dairy giant, insisted today (18 July) that it remains in talks with the country's fourth-largest bank over a settlement linked to its financial collapse in 2003.
UK retail dominated our pages this week with the news that the Co-operative Group had finally secured the takeover of rival grocer Somerfield. Elsewhere, however, we saw Belgium-based retailer Delhaize issue a shock profit warning, while China's booming retail scene