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The Bulgarian government Wednesday approved a draft memorandum of understanding on economic cooperation with east China's Jiangsu province. According to the memorandum, Bulgaria and Jiangsu province would promote joint activities by exchanging information on investment policies, opportunities for establishing joint industrial projects and joint ventures,...
AMERICAN Airlines Cargo has commenced services to Tokyo's downtown Haneda Airport from New York's JFK, deploying wide-bodied Boeing 777 aircraft. A statement from the carrier said the service provides connections throughout Japan and to other destinations in Asia, via its core interline partners. "Our new flight opens important new daily trade lane o...
Brazil's state-controlled oil and gas giant Petrobras is analyzing future cooperation opportunities with Chinese companies, the company's CEO Jose Sergio Gabrielli said on Monday. There are opportunities for cooperation in practically all sectors in which Petrobras operates, and Petrobras already has ongoing agreements with Chinese companies in several ...
Danish beer maker Carlsberg had a 9-percent growth in annual operating profit in 2010, but sales suffered in Russia due to high excise duty, the company said in a statement on Monday. In its financial statement for 2010, Carlsberg said its operating profit rose to 10.25 billion Danish kroner (1.87 billion U.S. dollars) from 9.39 billion Danish kroner (1.7...
The U.S. consumers' confidence continued to rise in February 2011 to a three-year high after a rally in January, fresh evidence of an ongoing economic recovery, the Conference Board announced Tuesday in a report. The Consumer Confidence Index increased in February to 70.4 from a revised 64.8 in January 2011, as consumers' short-term outlook became more ...
The daily oil price of the Organization of Petroleum Exporting Countries (OPEC) breached 100 U.S. dollars a barrel, the Vienna-based cartel said Tuesday. OPEC's benchmark basket of 12 crude oils stood at 100.59 U.S. dollars a barrel on Monday, compared with 99.08 dollars the previous Friday, according to OPEC Secretariat calculations. In recent weeks, ...
China is to cut import taxes on some products, including formula milk and cosmetics, as part of a series of reductions aimed at balancing international trade, the Nanfang Daily said Monday. The newspaper quoted an unidentified official with the State Administration of Taxation (SAT) who said the tax bureau is planning the cuts because of concerns over po...
Chinese shares tumbled Tuesday due to the tensions in the Middle East and North Africa, as well as inflation concerns with soaring oil prices pushed up by the unrest. The benchmark Shanghai Composite Index dropped 76.73 points, or 2.62 percent, to 2,855.52. The Shenzhen Component Index fell 3.10 percent, or 399.14 points, to 12,473.33. Combined tur...
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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