Monthly archives: April, 2014

MCX-SX announces launch of its bank index, ‘SXBANK’

–       SXBANK, designed to measure the performance of the Indianbanking sector, comprises of 10 most liquid and large capitalized banking stocks,as classified by ICB® –the leading global Industry Classification System from FTSE –       This is the first sectoral index, developed for the Indian banking sector,that has a cap on the weight of the individual stocks, …

worldsteel Short Range Outlook 2014-2015

London, 9 April 2014 – The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2014 and 2015. worldsteel forecasts that global apparent steel use will increase by 3.1% to 1,527 Mt in 2014 following growth of 3.6% in 2013. In 2015, it is forecast that world steel demand will grow further …

Energy and Environmental State Aid: New guidelines offer only limited protection from increases in electricity prices

“We appreciate the aim of the guidelines that the energy intensive industry, such as steel industry should be protected from artificial increase in electricity prices due to support offered to preferred energy generation technologies”, Gordon Moffat comments on the adoption of the new guidelines for energy and environmental state aid today by the European Commission …

UNBXD partners with getitBazaar to deploy its Intelligent Search

New Delhi, 9 April 2014: Unbxd, a leading provider of ecommerce product discovery software, today announced its partnership with India’s leading SME Bazaar, getitBazaar, to enhance customer experience and improve discovery for its sellers’ products. getitBazaar helps small and medium businesses sell their products to buyers from across India. UNBXD will manage search across all …

Australia, China, India, Singapore and South Korea Represent Close to 90% of Asia/ Pacific Healthcare IT Spending in 2013, Says IDC Health Insights

Singapore and Hong Kong – April 8, 2014 – IDC Health Insights expects healthcare IT spending in the Asia/Pacific excluding Japan (APEJ) region to show a compound annual growth rate (CAGR) of 8% till 2018. For the same period, the China healthcare sector emerges as the fastest growing IT spender in the region, with the …

Groundbreaking Book from SapientNitro Unlocks the Secrets to Successful Brand Storytelling in a Hyper-Connected Age

Storyscaping: Stop Creating Ads, Start Creating Worlds Goes On Sale Today INDIA – April 9, 2014 – SapientNitro, part of Sapient (NASDAQ: SAPE), today announced the publication of Storyscaping: Stop Creating Ads, Start Creating Worlds, authored by two of the agency’s award-winning creative executives, Gaston Legorburu, worldwide chief creative officer and Darren “Daz” McColl, global …

Cessna celebrates 100th Grand Caravan EX delivery

  FRIEDRICHSHAFEN, Germany, April 9, 2014 – Cessna Aircraft Company, part of the Textron Aviation segment of Textron Inc. (NYSE:TXT), is celebrating the milestone delivery of the 100th Cessna Grand Caravan EX. The aircraft has been supplied to Hussain Ali Rashid Almoalla for use at his aviation club in the United Arab Emirates. Mr Almoalla, …

Cessna anticipates strong European demand for new aircraft

FRIEDRICHSHAFEN, Germany, April. 9, 2014 — Cessna Aircraft Company, part of the Textron Aviation segment of Textron Inc. (NYSE:TXT), is showcasing its latest aircraft to the European market at the AERO Friedrichshafen trade show in Germany this week. Aircraft on display include the Cessna Citation M2 business jet, Cessna Grand Caravan EX utility turboprop and …

The turning of the tide: copper market set for moderate surpluses as mine supply ramps up: Publication of the Thomson Reuters “GFMS Copper Survey 2014”

 With the copper market expected to post a moderate surplus this year, copper prices are expected to remain under pressure.  The annual average price is expected to fall below $7,000/tonne in 2014 for the first time since 2009, with a test of the $6,000/tonne level deemed likely over the second half. The copper market was …