Basic Materials

Nestlé Expects Chocolate Demand to Drop as Cocoa Prices Rise

Nestlé warns of potential reduced chocolate consumption due to soaring cocoa costs, which may force price hikes and impact consumer demand.


Gold Production on Pause as Mining Industry Reveals Gold Becomes Difficult to Find

The gold mining industry struggles to ramp up gold production due to declining deposits, financing, and regulatory challenges as gold prices increase...

Interior Construction Firms Accused of Rigging Million-Dollar Tenders; Singaporean Watchdog Issues Legal Notices

Two interior construction firms are accused of rigging million-dollar tenders. A Singaporean competition watchdog shares the details...

Chinese Scientists Develop Cheap Aluminum Alloy with Record Thermal Resistance, Six Times Stronger than Standard Alloys

Chinese scientists at Tianjin University developed a cost-effective aluminum alloy with remarkable strength and heat resistance, revolutionizing aerospace and industrial applications...


Latest News

UK Prime Minister flaunts housing plan and rights on exit agreement
UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.
Housing supply increases loans in Australia
According to a data from SQM Research Pty, property prices in Sydney might increase to as much as 20% in 2014.
UK PM Cameron implements Home to Buy Scheme three months earlier than scheduled
Critics say the UK Prime Minister's Home to Buy scheme would only push home prices higher than expected.
Rates increases may dampen US real estate recovery
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
Hettich plans to expand in India
Hettich's future plans include investments in research and development as well as training.
China's richest Wang Jianlin eyes Four Seasons, US hotels buyout
A Bloomberg report said China's richest man Wang Jianlin may be acquiring luxury brands such as the Four Seasons hotel chain in his quest to expand his company Dalian Wanda Group to the US.
Lixil on basic agreement to acquire Grohe for USD4 billion - CEO
According to a Reuters report, Lixil Group Corp Chief Executive Yoshiaki Fujimori said that his company had reached a basic agreement to buy bathroom equipment maker Grohe for JPY400 billion or USD4.0
Chatham Lodging Trust to sell off 3.3 million shares in its IPO
The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.
Prime Office stakeholders okay merger with German unit of Oaktree
Stakeholders of Prime Office REIT-AG approved the plan to merge with Oaktree Capital Group's German real estate business.
Blackstone acquires more properties from Hersha
Hersha Hospitality agreed to sell 16 of its properties to a Blackstone Group affiliate.
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