Rolls-Royce Holdings reported underlying profit before tax of £439 million ($684.3 million) for the first half, down 32% year-over-year, on underlying revenues of £6.3 billion, down 3%.
The ...
Tata Steel on Tuesday beat estimates on almost all fronts, posting a consolidated net profit of Rs 735 crore in the April-June quarter, more than double of what it posted in the same period last year, ...
The Ministry of Trade and Industry (MTI) has narrowed the growth forecast for the year to between 2 and 2.5 per cent, after gross domestic product growth for the second quarter came in at 1.8 per cent.
The ...
US factories were a little less busy last month.
The Institute for Supply Management's manufacturing index slipped to 52.7 last month from 53.5 in June. Economists had expected the index to remain ...
Global increase in investment and automation across all process industries such as oil & gas coupled growing energy demand is expected to remain a key driving factor for control valves market over ...
New car sales to British motorists rise for 41st month in a row - but worries grow about impact of interest rate rises on demand for vehicles
Sales of new cars have continued to accelerate, extending ...
U.S. construction industry employment rose 0.1 percent in July and added 6,000 net new jobs, while the construction unemployment rate shed 0.8 percentage points and now stands at 5.5 percent. Nonresidential ...
According to Fraunhofer ISE's data, the amount of PV and wind generated electricity fed into the grid hit a record high in July in Germany. The PV power generated also matched up to nuclear. Another first.
July ...
The world still has too much oil.
China's crashing stock market and the meltdown in the metals market may be getting all the attention lately, but crude oil is quietly crumbling once again. Oil has ...
It is too late for OPEC to stop the shale revolution. The cartel faces the prospect of surging US output whenever oil prices ris
If the oil futures market is correct, Saudi Arabia will start running ...