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business news

  • 2009-10-13       All In-Initial Financials On Cat/Navistar Truck JV Announced
  • Caterpillar Inc. and Navistar International Corp. will put up $66 million by Nov. 1 for a new truck -making venture and provide an additional $90 million over the next three years, according to a regulatory filing on Tuesday, Dow Jones has...

  • 2009-10-13       Japanese Construction Equipment Sales Decreased
  • Janpan Construction Equipment manufacturers Association promulgate on July 30 that the delivery of construction equiment decrease by 65% on year-on-year basis. Due to the weak economy, demand of the Japanese construction machinery shrinks s...

  • 2009-10-13       Chinese economy show stronger signs of recovery
  • China continued its trend of recovery in August while other countries have yet to step out of the shadow of the global financial crisis. Major statistics from China show that the country's strong recovery signs lay a good foundation for its...

  • 2009-10-13       Zimbabwe appeals for Chinese loans to buy road equipment
  • The Zimbabwean government has appealed to China for a credit facility to buy more road construction equipment from the Asian nation, according to local news agency New Ziana on Monday . Transport, Communication and Infrastructural Developme...

  • 2009-10-13       Crane Rental Market Slump
  • Essex Crane is repositioning its fleet to heavier lifting capacity crawler cranes in order to generate higher rental and utilisation rates, as it looks to overcome continued weakness in many of our end markets and enhance the future earning...