Total U.S. construction machinery exports for first quarter 2014 totaled $4.292 billion compared to $5.287 billion in the first quarter of 2013 – a drop of 18.8 percent, according to the Association ...

A harsh winter in the U.S. along with the Ukraine conflict have chilled the outlook for global economic growth this year, but highly developed economies will lead a rebound later in the year, the World ...

Iran is increasing oil production and can boost output by 700,000 barrels a day within two months if international sanctions on its economy are lifted, according to Oil Minister Bijan Zanganeh. Iran’s ...

The European Union has warned the Philippines and Papua New Guinea that they will face an import ban if they do not curb illegal fishing. The warning, which was welcomed by environmental groups, ...

The global Internet of Things IoT market is expected to grow by more than $5 trillion over the next six years, according to IT research agency, International Data Corporation (IDC). In its study, Worldwide ...

The trade ministry issued a new regulation on Thursday that will increase supervision of imported alloy steel to Indonesia after the government found indications that some importers exploited loopholes ...

China, once the manual labour “workshop of the world”, has become the largest buyer of industrial robots, as rising wage costs and growing competition from emerging economies have forced ...

Apple buys Beats and plans home-control system to rival Nest The tech giant Apple has bought Dr Dre's Beats headphone company for $3 billion in the same week that details emerged of a project that will ...

Hyundai Motor, South Korea’s top carmaker, has started producing heavy-duty trucks in China, a company official said Wednesday, joining an intensifying competition with rivals such as Daimler and ...

The International Monetary Fund cut its economic growth forecast for China to about 7 per cent for next year, but urged the authorities to avoid further stimulus measures and concentrate on curtailing ...