Volvo Cars Adds a Little Luxury With Excellence Child Safety Seat Concept GOTHENBURG, Sweden, July 2, 2015/ PRNewswire/--. We focused on three key benefits- making it easier to get the child into and out of the child seat from an ergonomic and comfort perspective, providing the child with a safe rearward facing seating position that enables it to keep eye-contact with either the driver or the rear passenger and of course including enough...
Source: PR Newswire
RPT-INTERVIEW-Biggest obstacle to Russia gas deal is Moscow's refusal to sign -Naftogaz *Ukraine wants binding protocol until at least March next year. BRUSSELS, July 1- The biggest obstacle to a gas supply deal between Moscow and Kiev is not the price, but Russia's refusal to sign a legally binding agreement, the head of Ukraine's state gas firm Naftogaz said in an interview on Wednesday. Naftogaz Chief Executive Andriy Kobolev was speaking in...
| By: Barbara Lewis
UPDATE 2-Oil prices edge up after sliding on U.S. stock build SINGAPORE, July 2- Oil prices edged up on Thursday, partially recovering from price falls of 2.5 to 4 percent a day earlier as U.S. stockpiles rose for the first time in months on the back of high production. Following a 4.2- percent drop on Wednesday, front-month U.S. crude futures were trading at $57.07 per barrel at 0628 GMT, up 11 cents from their last settlement.
| By: Henning Gloystein
South Korea turns to cheap spot crudes as glut grows SEOUL, July 2- Refiners in South Korea, the world's fifth-largest crude oil importer, have stepped up spot purchases this year, buying at prices depressed by an oil glut as they run their plants at high rates to catch strong processing margins. "Refining margins are firm thanks to rising demand triggered by weak oil prices, which has supported higher throughput...
| By: Meeyoung Cho
Snowbirds a rare bright spot in China property market The burgeoning elderly tourism market hit the headlines in June when a cruise ship on the Yangtze capsized. However, well before then tourism experts and real estate developers had noticed a wave of senior travelers who eschew breakneck site-seeing tours in favor of regular migration to second homes in the south.
| By: Zoe Alsop | Special to CNBC
ArcelorMittal Mexico unit to slash 2,800 jobs MONTERREY, July 1- ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on Wednesday, while accusing Russia, China and Turkey of dumping steel on markets at levels below production costs. Altos Hornos de Mexico, DeAcero and ArcelorMittal warned in the...
World Construction Machinery Market, Freedonia Regions with an abundance of developing countries, such as the Asia/Pacific region, Central and South America, and the Africa/ Mideast region are all expected to register above average gains going for-ward on construction spending, especially as infrastructure projects continue to increase. For instance, more than two-thirds of all additional...
Source: PR Newswire
Dr. Reddy's Unveils New Corporate Brand Identity Reddy' s Laboratories today announced the launch of its new visual identity and brand, that will guide its actions across the globe: Good Health Can' t Wait. The new logo is an expression of Empathy and Dynamism, which helps keep patients at the center of everything that Dr. Empathy helps gain rich insights into patients' needs, and Dynamism enables Dr.
Source: Business Wire
GLOBAL ECONOMY-Asian factory growth stays weak, Europe and U.S. sluggish JPMorgan's Global Manufacturing Purchasing Managers' Index, produced with private data vendor Markit, slipped to 51.0 in June from 51.3 in May, matching April's near two-year low. "The growth of manufacturing output remained subdued during the second quarter, with the rates of increase in new business and output slipping to their lowest since the first half of...
| By: Jonathan Cable