Shakeouts loom large in the landscape of all fast-growing markets. During the boom period, an unsustainable glut of competitors is attracted by forecasts of high-growth and promises of exceptional returns. Even when the market is already crowded, more entrants keep arriving. These followers are often naïve about the barriers to...
Faced with production overcapacity, makers of carbon fiber and pre- impregnated composite materials are scrambling to find new markets, reduce costs and move past a federal investigation. Carbon fiber suppliers are suffering through a market glut Faced with production overcapacity, makers of...
LOS ANGELES -- John S. Shegerian, Chairman and CEO of Electronic Recyclers International ERI, stressed the urgency of addressing the incoming glut of electronic waste and other ways businesses and individuals can get in touch with their "green DNA" at California Black Chamber of Commerce's annual Summit last week. The...
WASHINGTON AFP — US sales of existing homes rose in July to a five-month high but the glut of unsold homes hit a record high, according to industry data Monday that suggests the housing market remains in crisis. The National Association of Realtors NAR reported sales of existing...
NEW YORK AFP — The dollar traded mixed Monday after data on US home sales provided a murky outlook for the troubled sector and speculation grew on interest rate cuts in Europe to shore up flagging economic growth. The euro slipped to 1.4751 dollars at 2100 GMT from...
SHANGHAI AFP — Chinese share prices surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market, dealers said. The key index initially fell as low as 2,306.66 points on lingering concerns over share supply glut, rising...
SHANGHAI AFP — Chinese share prices closed down 5.34 percent Monday amid renewed worries about an economic slowdown and a share supply glut as selling restrictions were due to be lifted on billions of shares, dealers said. The benchmark Shanghai Composite Index, which covers both A and B...
Home News IN BRIEF *Alton Towers is one of Britain's healthiest visitor attractions after improving its menu, according to a new report. Once castigated for a glut of burgers and chips, Alton Towers now offers salads and an abundance of vegetables. Which? Holiday said the Staffordshire...
As the slowed economy speeds up the number of restaurant liquidations and reorganizations nationwide, an unprecedented glut of shuttered chain outlets is expected to flood the commercial real estate market with hundreds more available properties in the months to come. But operators poised to take advantage of the vacancies are...
SAN FRANCISCO -- John S. Shegerian, Chairman and CEO of Electronic Recyclers International ERI, stressed the importance of addressing the incoming glut of electronic waste and the various other ways businesses can reduce their carbon footprint and get in touch with their "green DNA" today at the California Resource Recovery...
Many Contra Costa residents who have suspected mosquito-infested swimming pools have not allowed pest control workers to monitor them for West Nile virus carriers, the county's vector control district said Tuesday. While tackling a glut of abandoned swimming pools from foreclosed homes, the Contra Costa Mosquito &...
NEW YORK -- More than 800,000 vacant homes for sale stand between the housing recession and the bottom. And that glut is driving down home prices, slowing sales and turning consumer psychology against the market. New figures out Tuesday showed home prices fell by a record 15.8...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ba7455/china_sourcing_rep) has announced the addition of the "China Sourcing Report: Video Door Phones" report to their offering. Based on in-factory tours China is home to around 250 active suppliers of video door phones, capable of producing 14 million units annually....
SEOUL AFP — LG Display, the world's second-largest liquid crystal display maker, has cut down on production in the short term amid a global supply glut and falling prices, a report said Sunday. The South Korean company plans to reduce its total LCD production by about 10 percent...
It's a tough time to be a carpenter. Selling gas guzzlers is no fun. There is a market glut of print journalists. Employers generally are squinting hard at hiring decisions, so the national unemployment rate rose this week. ...
WASHINGTON -- Two cornerstones of the economy -- jobs and housing -- sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. The bleak reports underscored the self-reinforcing cycle hampering the economy: As home prices sink,...
WASHINGTON -- Signs are emerging that the U.S. housing market's long slump is likely to fester through the summer, and the real- estate market may not recover for at least another year. The latest report, the National Association of Realtors' pending home sales...
Police released an e-fit image last night of a man they are hunting in connection with the brutal murder of two French students in a south-east London bedsit. The black and white image is a computer-generated impression of a white male seen running...
Raspberries capture the flavour of British summer. And Skye Gyngell knows just how to serve them... Nothing says summer more than the arrival of the first raspberries; blood-red in colour, tart and sweet at the same time, and deliciously velveteen in texture and...