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Breaking News Fri, 18 May 2012
Bajaj Auto's two wheeler bikes - automobile - Industry - India
(photo: WN / Aruna Mirasdar)
Bajaj Auto sets 50 lakh unit sales target
DNA India
| Bajaj Auto, India's second-largest two-wheeler manufacturer, is hopeful of maintaining its market position in fiscal 2013 as it plans to launch a new line of products. | The company which sold 38,34,405 motorcycles, domestic and exports, in fiscal 2012 is targeting to sell 50 lakh units for fiscal...
Current CEO Carlos Ghosn has been credited with reviving Nissan. In 2010, Nissan announced that its hybrid technology is no longer based on Toyota's.
(photo: Creative Commons)
Nissan profit soars after record sales despite disasters
LA Daily News
By Yuri Kageyama The Associated PressAssociated PressPosted:   05/12/2012 12:00:00 AM PDT | President and Chief Executive Officer of Nissan Motor Co., Carlos Ghosn speaks during a press conference in Yokohama, near Tokyo, Friday, May 11, 2012. Nissan's January-March profit more than doubled to ...
miner Abbott may collect millions from LME sale
The Guardian
By Susan Thomas LONDON (Reuters) - From straitened origins in coal mining and the rag trade, Martin Abbott is in line for a major windfall as the 135-year-old London Metal Exchange goes under the hammer. If the deal goes through, the LME's chief exec...
UPDATE 1-Ex-miner Abbott may collect millions from LME sale
Reuters
| * Incentive scheme may be worth up to 21 million pounds | * Abbott, selected LME officials, take part in scheme | * Abbott could get 7 million pounds - sources | By Susan Thomas | LONDON, May 18 (Reuters) - From straitened origins in coal mining an...
Essar Steel eyes 1 mn tonnes sales through Hypermart in FY 13
The Times Of India
Tweet NEW DELHI: Essar Hypermart, the retail initiative of Essar Steel, today said it is aiming to sell one million tonnes of steel in the current financial year on account of expansion initiatives. | The company that has a strong presence in West an...
Number of appraisers down as home sales rise
The Business Review
Boston Business Journal by Edward Mason, Special to the Journal, Special to the Journal Date: Friday, May 18, 2012, 6:00am EDT Related: , , Related News | The Massachusetts real estate market may face another big hurdle ahead. | The number of license...
Real Deal: Houston commercial real estate sales & leases
The Business Review
Supplied by Commercial Gateway | Houston Business Journal Date: Friday, May 18, 2012, 5:00am CDT Related: , Related News Construction/Real estate | Lumber Liquidators has leased a 9,000-square-foot industrial building at 2227 Gulf Freeway. Mike Spear...
ArcelorMittal Reports Sale of Skyline Steel and Astralloy to Nucor Corporation
Mineweb
ArcelorMittal | Luxembourg, 18 May 2012 (03:00 CET) - ArcelorMittal announces today the sale of its steel foundation distribution business in NAFTA, namely Skyline Steel and Astralloy ("Skyline Steel") to Nucor Corporation ("Nucor") for a total consi...
Tata Steel Q4 net sales seen down 1.1% at Rs 33,437cr
The Times Of India
Tweet NEW DELHI: Tata Steel Ltd is expected to report a 1.1 percent drop in fourth quarter net sales at Rs 33,437 crore mainly on account of lower volumes from its European operations, partially offset by higher realizations, Angel Broking noted in a...
Bajaj Auto sets 50 lakh unit sales target
DNA India
| Bajaj Auto, India's second-largest two-wheeler manufacturer, is hopeful of maintaining its market position in fiscal 2013 as it plans to launch a new line of products. | The company which sold 38,34,405 motorcycles, domestic and exports, in fiscal ...
Closing Bell | O'Reilly Automotive falls after rival misses quarterly forecasts for sales, profit
Kansas City Star
| Springfield-based O'Reilly Automotive Inc. sank the most in more than three years after smaller Advance Auto Parts Inc. reported first-quarter sales and profit that missed analysts' estimates. | O'Reilly dropped more than 7 percent to $94.32 for th...
With Sales Imminent, Ethanol Blend’s Impact on Engine Durability Remains Contentious
The New York Times
| A new engine-durability study that found damage in engines run on gasoline with 15-percent ethanol content proved one of two things: either the Environmental Protection Agency was hasty in authorizing the sale of the fuel blend or the study’s...
Currency
Indian rupee - currency
(photo: WN / Geeta)
Rupee falls to record low, spurs RBI to act
The Times Of India
Tweet MUMBAI: The rupee hit a record low against the dollar for a second session in a row on Thursday as global risk assets remained largely under pressure, leading the Reserve Bank of India (RBI) to intervene again, according to traders. | Though global risk assets avoided the steep falls seen in the previous session, the mood remained grim given ...



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