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CEIC News@lert: Sector Database Expansion World Steel Association: Iron Ore Statistics

CEIC News @lert: CEIC Sector database has been enhanced with the addition of Iron Ore statistics in the Iron and Steel Sector. Iron ore is an integral raw material for the world’s iron and steel production industries; almost 98% of the mined iron ore is used to make steel. Given the importance of steel in [...]

CEIC Chart@lert: Volatile Oil Price Affects Kuwait’s Economic Growth

CEIC Chart@lert: Oil is one of the major natural resources in Kuwait; petroleum production represented 62% of the country’s Gross Domestic Product (GDP) as of the end of 2011. As such, it is unsurprising that the fluctuations in petroleum prices have a significant impact on the country’s overall economy. Chart provided by: CEIC Kuwaiti crude [...]

Emerging Markets Information Service (EMIS) Adds Sophisticated Tool for Company Screening

FOR IMMEDIATE RELEASE Emerging Markets Information Service (EMIS) Adds Sophisticated Tool for Company  Screening June 14, 2012 – ISI Emerging Markets, the leading provider of hard-to-get business information on Emerging Markets, today  announces the release of a robust new company screening tool to all Emerging Markets Information Service (EMIS) clients globally. The addition of the [...]

Deal of the Week: Gazprom ups stake in local natural gas distributor Nizhegorodoblgaz

Source: DealWatch, a product of Emerging Markets Information Service (EMIS)   FREE TRIAL TO EMIS! Russia’s Gazprom has acquired an 11.5% stake in local natural gas distributor Nizhegorodoblgaz. The buyer has thus increased its stake in the target company to 49.5%. The seller and the financial terms of the deal were not disclosed. Nizhegorodoblgaz is [...]

Deal of the Week: Grainger buys Brazilian MRO distributor AnFreixo

Source: DealWatch, a product of Emerging Markets Information Service (EMIS) | Free trial to EMIS U.S. industrial distributor W. W. Grainger has acquired 100% of AnFreixo, a Brazilian maintenance, repair and operating (MRO) supplies distributor. Financial terms of the transaction were not disclosed. The acquisition will allow Grainger to set foot on the largest MRO [...]

Deal of the Week: Managers raise stake in Russian chemical producer Pigment

Source: DealWatch, a product of Emerging Markets Information Service (EMIS) | Free trial to EMIS Oleg Podobryansky and Andrey Utrobin, top managers of Russian chemicals producer Pigment, have acquired an additional 9.38% stake in the company. Following the transaction, Podobryansky increased his stake in the company to 9.26% from 4.3%, while Utrobin – to 8.97% [...]

Canadian Continues to Beef Up Capital

Macro Watch – North & South America: The recent spate of banking downgrades in Europe has raised questions worldwide as to the financial health and solvency of respective banking sectors. Fortunately for Canada, its levels of solvency have remained strong over the periods with improvements on capital adequacy in line with requirements set forth by [...]

Gold Mining Meets Increasing Demand and Follows High Prices

Russia Data Talk: Gold mining in Russia for January to October 2011 increased 6.9% compared to the same period of the previous year, reaching 157.4 tons mined for the year. According to the Russian Gold Miners Union forecast, gold mining volume for the whole of 2011 is estimated to be 185.6 tons. This would be [...]

Argentina Exports Quota Restricts Growth in Corn Production

News @lert: Argentina’s export quotas on corn and other foodstuffs have sparked fresh controversy about government interventionism in the agriculture sector, especially in light of rising global food demand. In conjunction with export taxes, these limits effectively lower domestic food prices and hence, farmer revenues. Farmers argue that these export quotas, ostensibly established to combat [...]

Sudan’s Currency, Economy Faces Uncertainty as Oil-Rich South Pulls Out

News @lert: In early January 2011, peripheral, historically poorer but oil-rich South Sudan voted for its secession from the Arab-linked, Islamic and overriding North in a move that will reverse the efforts for cohabitation set in motion six years earlier in a country traditionally divided by ethnicity, religion, fight for dominance and more recently, by [...]