Machinery, Metals & Industrial Products Manufacturing

US launches 'Twin Towers' warship

A warship built with steel salvaged from the World Trade Center has been put into service in New York. Hundreds of US Navy officers and sailors and also families of 9/11 victims attended the commissioning of the USS New York in...

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The bitter pill that Cadbury must swallow

When the US food giant Kraft launches its (probably hostile) takeover bid on Monday, Cadbury boss Todd Stitzer must ensure he does not become the commercial world's David Cameron - someone who might win only through the...

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A farewell to arms exports

The arms industry has changed dramatically since the end of the cold war. But British government policy, including subsidies and promotion of arms exports, hasn't. Nicholas Gilby looks at the changes and the state of the arms...

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World › Navy ship built with WTC steel goes into service

Sunday 08th November, 05:51 AM JST NEW YORK — The USS New York, built with steel from the rubble of the World Trade Center, was put into service Saturday both as a symbol of healing and strength. “No matter how many times you...

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What is the true value of the United States' gold?

Buried in the Treasury's International Reserve Position report is an intriguing bit of math. The document details the total amount, by weight, of the Treasury's gold reserves, plus a dollar value for said metal. But some fast...

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Wall Street firms skittish about RUSAL IPO: report

CHICAGO (Reuters) - Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of...

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What automakers have in store for 2010

The new models that will grace showrooms and garages in the coming year Green, schmeen. Audi's six-figure R8 Spyder has a mid-mounted V10 engine that produces 525 horsepower and a top speed of 195 miles per hour. As energy...

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Gold surges to Rs 16,900 on aggressive buying

Gold prices continued its record journey as the metal scaled to an all-time high of Rs 16,900 per 10 gram at the bullion market in Mumbai on Saturday, sparked by aggressive buying from stockists and traders following a sharp...

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Iron ore export up 13% in H1 on China demand

Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory. According to date compiled by the Federation of Indian Mineral...

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Silver delivers higher returns than gold

Suresh P. Iyengar Mumbai, Nov. 7 Silver has outperformed the yellow metal in terms of return on investments despite gold hitting new peaks in the recent months. Spot gold prices in the last six months have moved up 12 per cent...

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