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China's coal imports fall nearly half 12 months as anti-pollution drive bites

2015-04-13 06:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Chinas coal imports fell by nearly half in the first three months of the year as the slowing economy and tougher rules on pollution took their toll. Imports by the worlds biggest coal consumer reached 49.07m tonnes in the first quarter, a fall of 42% on the same period a year ago according to data from the Chinese customs office. Trade figures for March showed that imports were down overall by 12.3% while exports badly missed expectations, falling 15% from a year earlier. Coal imports...

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Cargill sales fall as food market growth slows

2015-04-09 17:11:04| Food - Topix.net

Cargill Inc. said Thursday that revenue fell 11% in the February quarter because of slowing growth in the food market and the impact of the stronger dollar. However, earnings for the agricultural conglomerate grew 33% for the fiscal third quarter, helped in part by strength in the meat segment.

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Global IT spending to fall 1.3% this year - Gartner

2015-04-09 14:00:00| Telecompaper Headlines

(Telecompaper) Worldwide IT spending is set to decline by 1.3 percent to USD 3.66 trillion this year, according to the latest forecast from Gartner. The analyst has had to substantially revise its January estimate of a 2.4 percent growth due above all to the US dollar's rise against most global currencies. "The recent rapid rise in the value of the US dollar against most currencies has put a currency shock into the global IT market," said Gartner. Stripping out the impact of exchange rate movements, the corresponding IT spending growth at constant-currency rates would be 3.1 percent, the report said. The sharpest fall in spending will be seen in telecom services, which is projected to shrink by 2.6 percent to USD 1.57 trillion in 2015 due to reductions in total connections for developed markets because growth in data-only connected devices and multi-SIM connections were not as high as previously expected.

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VIDEO: Hong Kong tourism numbers fall

2015-04-09 03:53:01| BBC News | Business | UK Edition

The number of tourists visiting Hong Kong from mainland China has fallen dramatically in recent weeks, reports Juliana Liu.

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Greenwich offices jewels once more as vacancy rates fall

2015-04-09 00:04:07| Chemicals - Topix.net

Even as Kensico Properties spent millions of dollars this winter renovating Pickwick Plaza in Greenwich, Conn., the town has seen a sharp decline in the vacancy rate for its central business district dominated by hedge funds and professional services firms. Photo: Bob Luckey A General Motors manager explains the Chevy Volt in 2010 to a Praxair employee at Matrix Corporate Center where Praxair is based, with GM taking a lease in the office building that year which it recently renewed.

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