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U.S. power giant AES Corporation and the Bulgarian government Tuesday agreed on the building of the biggest wind power park in Bulgaria, which was the largest renewable energy investment in the country, local press reported. The agreement will allow the AES to build a 270 million euro (363.6 million U.S. dollars) wind power park close to the town of Ka...
U.S. entertainment giant Walt Disney on Tuesday announced its plans to introduce a Disney- branded television channel in Russia by teaming up with a Russian media company. Russia is an extremely important market for Disney and this new Disney channel is a great way for us to expand our brand and business, said Disney President and CEO Robert Iger in a ...
In keeping with a tradition started four years ago, this holiday season the IKEA Social Initiative will use proceeds from the sale of IKEA soft toys to help finance education projects run by the United Nations Children 's Fund (UNICEF) and Save the Children. As part of the 1 euro is a fortune ... campaign, which kicked off in November and will continu...
Chinese automaker BYD Co yesterday launched the first commercial dual-mode electric car in the world, giving it an edge in the green car race over other rivals like Toyota Motors and General Motors Corp. The new car, known as the F3DM equipped with both pure and hybrid electric driving systems, is priced at 149,800 yuan. Toyota and GM, the two oth...
German auto giant Volkswagen denied rumors yesterday that it will suspend production for almost one month to ease its high inventory, saying it is confident the company will meet its sales target in China this year. Volkswagen's two joint ventures in China are working on the right track currently, said Rudolf Dreithaler, public relations manager with V...
The Shanghai Customs on Monday reported that November saw the biggest monthly fall in foreign trade since 2001, as the effects of the global financial crisis continued to be felt. Exports and imports via the customs fell by 9.7 percent year-on-year in November to reach 45.4 billion U.S. dollars, as compared to an average of over 50 billion U.S. dollar...
China's tropical farm produce made swift sales at a winter trade fair that ended on Sunday in southernmost province of Hainan, fetching 2.6 billion U.S. dollars in contractual deals, one billion more than last year's session. A total of 4.44 million tons of farm produce, including tropical fruit, aquatic products, poultry and flower, were sold at the ...
Pork and beef exports are remaining strong despite the global economic downturn, the U.S. Meat Export Federation said. Pork exports in particular held up extremely well, posting the third-largest monthly volume on record that equates to a 46 percent volume increase over exports from October of 2007 and a 55.5 percent increase in value, the gro...
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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