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General Category => Shares => Topic started by: jaDEB on January 13, 2014, 04:01:46 pm

Title: World Economies
Post by: jaDEB on January 13, 2014, 04:01:46 pm

Volkswagen announced that deliveries in China increased 16% to 3.27m vehicles in 2013, exceeding those of General Motors for the first time in nine years. GM’s sales rose 11% to 3.16m units.

Title: Re: World Economies
Post by: jaDEB on January 15, 2014, 03:23:48 pm

Bank of America Corp, the second-largest U.S. bank, reported an eight-fold jump in fourth-quarter profit, driven by a steep fall in the bank's provisions to cover bad loans

Title: Re: World Economies
Post by: jaDEB on January 20, 2014, 11:47:11 am

 :'(  :frustrated:  :laugh:  :wall:  :'(  :'(

BHP Billiton began discussions with employees at its Aluminium SA business on plans to halt aluminium smelting and associated services at its Bayside smelter at Richards Bay port in KwaZulu-Natal. The proposed shutting of the smelter will have significant cost implications for the South African downstream metals industry.

Title: Re: World Economies
Post by: Moonraker on January 20, 2014, 01:03:38 pm

Quote from: jaDEB on January 20, 2014, 11:47:11 am

:'(  :frustrated:  :laugh:  :wall:  :'(  :'(

BHP Billiton began discussions with employees at its Aluminium SA business on plans to halt aluminium smelting and associated services at its Bayside smelter at Richards Bay port in KwaZulu-Natal. The proposed shutting of the smelter will have significant cost implications for the South African downstream metals industry.

Yes, but at least it will take some pressure off the electricity supply constraints, which is a plus - fewer power outages in the JaDEB household.