Vale 4Q Net Income Fell as Iron Ore Price, Sales Volume Declined

Brazilian iron-ore miner Vale SA's profit fell in the fourth quarter after the price of iron ore and sales by volume both declined.

Friday, February 17, 2023

Russia stands by 2023 budget deficit plans of 2% of GDP

Russia plans to post a budget deficit in 2023 of 2% of gross domestic product (GDP), Finance Minister Anton Siluanov said on Friday, despite towering spending and slumping energy revenues contributing to a huge shortfall in January.

Friday, February 17, 2023

China's central, western regions attract more foreign investment

In particular, the central and western regions are forecast to better receive foreign investment relocated from labor-intensive industries in coastal areas where labor costs have increased, they said.

Wednesday, February 15, 2023

Mexico steel production, consumption fell in 2022

Mexican liquid steel production fell 1.6% to 18.2Mt and consumption 1.3% to 28.1Mt in 2022, affected by a weak construction sector and rising inflation, according to a report by iron and steel chamber Canacero.

Monday, February 13, 2023

China's central, western regions attract more foreign investment

Leveraging advantages, inland areas grab competition from big industries.

Wednesday, February 8, 2023

Tianjin imports, exports reach new high

Exports surged by 28 percent to 1.06 trillion yuan, while imports were recorded at 950 billion yuan, an increase of 14.2 percent.

Wednesday, February 8, 2023

China's industrial firms see revenue growth in 2022, profits dip

Their total profits stood at 8.4 trillion yuan in this period, down 4 percent from a year earlier, the NBS data revealed.

Wednesday, February 8, 2023

Dutch chess player Giri wins Tata Steel Chess Tournament 2023

Dutch chess player Anish Giri won the prestigious Tata Steel Chess Tournament 2023 in Wijk aan Zee, the Netherlands on Sunday.

Tuesday, February 7, 2023
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