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2014-10-26
iphoness loses subsidies in China
iphoness loses subsidies in China. Chinese telecom operators are reportedly cutting subsidies to Apple's popular iphoness smartphoness, reducing the California company's dependence on the carriers, says a senior telecom market analyst. ? The
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2014-10-25
Chile injects capital to state copper firm
Chile injects capital to state copper firm. SANTIAGO -- Chilean President Michelle Bachelet on Friday enacted a law to spur the output of the state copper firm with $4 billion. ? The law, which was approved by both houses of parliament,
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2014-10-24
Wind energy plants 'ahead of schedule'
Wind energy plants 'ahead of schedule'. China's installed wind power capacity will reach 100 million kilowatts by the end of 2014, a year ahead of the scheduled targets for the year outlined in the country's 12th Five-Year Plan (2011-15), a
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2014-10-23
Fall in oil price shuts down small refineries
Fall in oil price shuts down small refineries. Several local refineries in China have been forced to shut down due to declining oil prices, National Business Daily reported Tuesday. ? After the oil price fell on Oct 17, most local
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2014-10-22
China likely to cut retail gas prices again
China likely to cut retail gas prices again. BEIJING -- With global crude prices falling over the past week, another window for adjusting down China's retail prices of gasoline and diesel will open next week, analysts said. Overnight on
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2014-10-21
Going gets tough for cement companies
Going gets tough for cement companies. Chinese cement producers in Ethiopia say they are experiencing toughening market conditions as demand falls and competition in the market grows. ? The slump has left an oversupply at many factories,