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France cut trade deficit by 21.6 percent to 3.41 billion euros (4.51 billion U.S. dollars) in October compared to a month earlier following slowing energy imports, official figures showed on Wednesday. For the past 12 months, the cumulated trade deficit already climbed to 50.77 billion euros (67.2 billion dollars) in total, according to data issued by c...
German exports surprisingly slump in October on a monthly basis, showing strong euro and budget cuts across Europe has weakened overseas sales of German firms, official data showed Wednesday. The Federal Statistics Office said that German exports dropped 1.1 percent to about 86.8 billion euros (114.6 billion U.S. dollars) in October on the month, revers...
BEIJING - A group of business leaders from renewable energy companies will visit the United States, on a fact-finding trip, in the first half of 2011, a US commerce official said on Monday. The executives, who will be discussing commercial opportunities as well as learning about the business environment, will have one-to-one talks with business leaders ...
CANCUN, Mexico - China is responding to climate change on numerous fronts, including improving its energy efficiency and adopting a "low carbon" energy strategy, Chinese environment experts said in Mexican city Cancun on Monday. China is trying to improve its energy efficiency to save energy and reduce greenhouse gas emissions, said He Jiankun, vice-cha...
China's central bank may raise interest rates this weekend to enshrine its shift to a "prudent" monetary policy in the face of rising inflation, Reuters reported on Dec 7, citing the China Securities Journal. The paper said that this weekend offered a "sensitive window" for a rate rise, which would be the country's second in its current tightening cyc...
Crude oil prices staged a strong rally earlier last month, testing 85 U.S. dollar per barrel, as dollar registered sharp losses after U.S. Federal Reserve's decision to pump 600 billion dollars into the system. Last Friday, the prices easily shrugged off a bout of downbeat economic data and reclaimed a two-year high of 89.19 dollars per barrel as dolla...
China's Ministry of Railway (MOR) and French rail and power generation company, Alstom, Tuesday signed a long-term strategic cooperation agreement in Beijing. Under the terms of the agreement, the MOR and Alstom will accelerate cooperation on a range of rail sectors, including rolling stock and signalling systems for intercity and high-speed trains. ...
China's gross domestic product (GDP) is expected to grow by around 10 percent in 2011 with effective macroeconomic controls, a leading government think tank forecast Tuesday. "If China's macroeconomic controls can be kept relatively stable, its economy will maintain relatively rapid growth in 2011," said the 2011 Economic Blue Paper from the Chinese A...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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