Daily Archives: March 4, 2016

US Trade Deficit Widens

Washington, Jumada I 24, 1437, Mar 4, 2016, SPA — The US trade deficit rose in January as exports fell for a fourth consecutive month, the government reported Friday. The imbalance between exports and imports climbed to $45.7 billion in January from $44.7 billion the previous month, the Commerce Department said.
Exports of goods and services fell 2.1 percent in January to $176.5 billion, the lowest since mid-2011. Exporters have been hurt by global economic weakness and by a strong U.S. dollar that makes American products more expensive overseas.
The strong dollar should be helping imports by making them cheaper in the United States, but imports declined 1.3 percent to $222.1 billion in January, the lowest since spring of 2011. Lower oil prices account for part of the drop. Petroleum imports of $11.2 billion were the lowest since late 2003, but imports of autos and auto parts hit a record high of $30.6 billion.
The politically sensitive trade deficit with China increased to $31.1 billion in January from $29.7 billion the previous month. The imbalance with the European Union fell to $12.6 billion from $13.3 billion in December.
Expanding trade deficits limit U.S. gross domestic product (GDP), the broadest measure of economic output. In 2015, the trade imbalance cut more than 0.6 percentage point off annual GDP growth of 2.4 percent.

–SPA
20:04 LOCAL TIME 17:04 GMT

معرض الإسكان والبناء الدولي التجاري في شنغهاي سيفتتح قريبا بثلاث وظائف رئيسية

شنغهاي، 4 آذار/مارس، 2016 / بي آر نيوزواير / — سيفتتح معرض شنغهاي الدولي للإسكان والبناء يوم 23 آذار/مارس، 2016. معرض هذا العام الذي يعقد تحت شعار “أبواب ونوافذ كبيرة، تخصيص رئيسي” وسيعمل جاهدا لتوفير حلول شاملة لصناعة البناء الدولية، موفرا ثلاث ميزات وظيفية.

International Building & Construction Trade Fair (CBD-IBCTF (Shanghai)) will open on March 23, 2016 to provide comprehensive solutions to the building and construction industry and offer three main functional advantages.

الصورة: http://photos.prnewswire.com/prnh/20160302/340025

الميزة الأولى لمعرض الإسكان والبناء الدولي التجاري في شنغهاي هي منصته. فبفضل الموارد الغنية للقواعد الصناعية في شنغهاي والمدن المحيطة بها (دلتا نهر اليانغتسى)، فضلا عن الطلب الضخم في السوق الصيني، فإن المعرض يستفيد من “ثلاثة أشهر ذهبية” في صناعة البناء والتشييد. وسيتم تنظيم معرض إسكان وبناء مهني وواسع وشامل.

الميزة الثانية هي العدد الكبير من العارضين المشاركين في المعرض. في معرضالعام 2016، ستعرض نحو 400 من الماركات والشركات من داخل الصين وخارجها المتجمعةفي شنغهاي لا منتجاتها فقط، بل وأيضا الأفكار والمفاهيم الجديدة.

وعلاوة على ذلك، فإن  معرض الإسكان والبناء الدولي التجاري في شنغهاي 2016 بشعاره “التخصيص المتداخل” سيكون مسرحا  للعارضين لعرض أحدث منتجاتهم وتصاميمهم وتكنولوجياتهم للجمهور. وسيقام معرض فني خلال المعرض لتقديم أعمال التصميم الممتازة في صناعة البناء والتشييد الصينية.

وسيكون هناك أيضا أكثر من 30 منتدى وندوةخلال معرض هذا العام يشارك فيها المتخصصون في هذا القطاع والخبراء والمصممون في مناقشات تركز على مواضيع عصرية مثل المنزل الذكي، وتطوير الانتقالية، فضلا عن مناقشة متعمقة للاتجاه الاستهلاكي الجديد لحماية البيئة والتنمية المستدامة، وحفض الكربون، الخ.

وقال ليدينغ، المدير العام لمعرض الإسكان والبناء الدولي شنغهاي “معرض هذا العام يمثل محاولتنا الجديدة لتأسيس معرض الإسكان والبناء للإسكان والبناء الدولي شنغهاي كمنصة دولية حقا وراقية تقوم على المنصات للصناعة. وقد اخترنا استضافة المعرض في مركز المعارض والمؤتمرات الوطني (شنغهاي) لأن المدينة لديها نفوذ دولي واسع، ونحن على ثقة ان كل الجماهير المشاركة في المعرض سوف تجد تجربة مجزية لا تنسى.”

وسيفتتح معرض الإسكان والبناء اللإسكان والبناء الدولي شنغهاي 2016 يوم 23 آذار/مارس 2016 في مركز المعارض والمؤتمرات الوطني (شنغهاي) حتى يوم 26 آار/مارس.

وإذ يعتبر واحدا من أكبر وأهم المعارض لديكورات البناء في الصين، فإن معرض الإسكان والبناء الدولي شنغهاي 2016 سيغطي مساحة 100،000 متر مربع، تضم 400 عارض. ومن المتوقع أن يجتذب المعرض 30،000 زائر في العام 2016.

German life expectancy reaches record high: 83 for girls, 78 for boys

Frankfurt, Jumada I 24, 1437, Mar 4, 2016, SPA — Life expectancy in Germany, Europe’s biggest economy, is on the rise, dpa cited the latest government figures as showing.
Newborn girls in Germany are now expected to live until the age of 83 years and one month, the Federal Statistics Office said in a press release on Thursday. The lifespan of their male counterparts is estimated at 78 years and two months.
In the past ten years, the figure has risen for boys by two years and three months and for girls by one-and-a-half years, reaching a new life expectancy high for Germans.
Germany’s growing elderly population is also expected to live longer. Men aged 65 have almost 18 years ahead of them on average, while women in that age group are statistically likely to die shortly before their 86th birthday.

–SPA
14:00 LOCAL TIME 11:00 GMT

Global shares inch up as caution rules ahead of US data

MANILA, Philippines, Jumada I 24, 1437, Mar 4, 2016, SPA — Global shares inched higher in cautious trading on Friday as investors awaited the release of U.S. non-farm payroll data and developments from China’s National Congress, which will open this weekend with a speech by Premier Li Keqiang that is likely to downgrade the country’s official growth forecast, Reuters reported.
Britain’s FTSE 100 gained 0.4 percent at 6,155.29 in early trading. France’s CAC 40 rose 0.1 percent at 4,421.14. Germany’s DAX was nearly flat at 9,757.62. U.S. futures suggested a muted start for Wall Street with Dow futures and S&P futures both nearly flat.
Japan’s Nikkei 225 index closed 0.3 percent higher at 17,014.78 while Hong Kong’s Hang Seng added 1.2 percent to 20,176.70 and Australia’s S&P/ASX 200 rose 0.2 percent, closing at 5.090.00 South Korea’s Kospi edged 0.1 percent lower to 1,955.63. The Shanghai Composite index climbed 0.5 percent to 2,874.15, while shares in Southeast Asia were mixed.
China’s leaders are expected to trim their growth target during the annual session of the National People’s Congress, seeking more flexibility for structural reforms for the slowing, state-dominated economy. The growth target due to be announced on Saturday is expected to be a range of 6.5 to 7 percent, down from 2015’s goal of about 7 percent.
The price of U.S. crude oil rose 12 cents to $34.69 a barrel in electronic trading on the New York Mercantile Exchange. It fell 9 cents to $34.57 a barrel Thursday. Brent crude, the benchmark for international oils, fell 16 cents to $36.91 a barrel.
The euro was lower at $1.0944 from $1.0946 and the dollar climbed to 113.74 yen from 113.62 yen.

–SPA
12:31 LOCAL TIME 09:31 GMT

CleanEquity® Monaco 2016 – Lord Drayson of Drayson Technologies to give Address at CleanEquity Monaco 2016

LONDON, March 4, 2016 /PRNewswire/ — CleanEquity Monaco, 3rd & 4th March, is the preeminent global forum for 30 best in class emerging cleantech and resource efficiency  to meet specialist financial investors, corporate venturers, partners & acquirers, policy makers, end users and media.

CleanEquity Monaco 2016.

Logo – http://photos.prnewswire.com/prnh/20151021/279261LOGO

Innovator Capital is pleased to announce that Lord Paul Drayson of Drayson Technologies will give the opening address on Friday morning.

Drayson Technologies is focused on providing “world-first” solutions for health and the environment. Led by former UK Science Minister and world electric land speed record holder, Lord Drayson, it has pioneered environmentally sustainable technologies since 2007, working across fields such as green motor-sport, high performance electric drivetrains and wireless charging.

Freevolt is the Company’s latest technology breakthrough. It recycles radio frequency energy in existing wireless network transmissions, such as wi-fi and cellular networks, to power connected devices and to realise the full potential of the internet of things by freeing them from the constraints of batteries and wired power supplies.

The CleanSpace Tag is Drayson Technology’s first application of Freevolt and its first consumer product. It is the world’s first personal air pollution smart sensor powered entirely from recycled RF energy. As people use CleanSpace Tag sensors to see the air they breathe via data synced to their smartphone, they create a global network of crowd-sourced information of great value to governments, businesses and other organisations looking to understand and reduce global air pollution. Launched in the UK last year, CleanSpace is being rolled out across international markets in 2016.

Lord (Paul) Drayson, Founder & CEO of Drayson Technologies said: “We are delighted to be at the CleanEquity conference again this year, as we seek new international partners and investors that share our vision for creating technologies like Freevolt and CleanSpace that put the world first”.

Presenting Companies

Name                            Country
----                            -------

AlgaEnergy                      ES
----------                      ---

BASiC 3C                        US
--------                        ---

BMS International               IT
-----------------               ---

Clean Diesel Technologies       US
-------------------------       ---

ClearCove Systems               US
-----------------               ---

Corrosion Radar                 UK
---------------                 ---

CropX                           IL
-----                           ---

DeepGreen Resources             CA
-------------------             ---

Desolenator                     UK
-----------                     ---

Drayson Technologies            UK
--------------------            ---

Enlighted                       US
---------                       ---

Flash Bainite                   US
-------------                   ---

Global Bioenergies              FR
------------------              ---

Instant Systems                 FR
---------------                 ---

It's Fresh                      UK
----------                      ---

Lightbridge                     US
-----------                     ---

Locamation                      NL
----------                      ---

Nano Membrane Toilet            UK
--------------------            ---

PrecisionHawk                   US
-------------                   ---

Prevtec Microbia                CA
----------------                ---

QxQ                             UK
---                             ---

Smart Wires                     US
-----------                     ---

Straightline Aviation           UK
---------------------           ---

Swedish Biomimetics 3000        SE
------------------------        ---

Swedish New Energy Technologies UK
------------------------------- ---

Vantage Power                   UK
-------------                   ---

Viroment                        US
--------                        ---

Contact:
Conor Barrett
Innovator Capital
conor.barrett@innovator-capital.com

www.cleanequitymonaco.com

European shares rise, Gemalto and WPP climb higher

LONDON, Jumada I 24, 1437, Mar 4, 2016, SPA — European shares rose on Friday, lifted by solid results at advertising group WPP and chipmaker Gemalto, which enabled European stocks to regain their upwards momentum, according to Reuters.

The pan-European FTSEurofirst 300 index, which had risen in five of the last six sessions, stood 0.3 percent higher in early session trading.

Shares in WPP, the world’s biggest advertising group, advanced 2.4 percent as it reported a solid start to 2016 after account wins and strong demand across the board helped it end 2015 with its best growth of the year.

Gemalto also rose by more than 10 percent after it reported a rise in annual profits.

After a turbulent start to 2016 due to worries about global growth and the health of the banking sector, European stocks have had a recent rally as oil prices recovered and fears over a U.S. economic slowdown abated.

Nevertheless, the FTSEurofirst remains down by around 7 percent since the start of 2016.

–SPA
11:56 LOCAL TIME 08:56 GMT

China stocks rise for 4th day, aided by banking heavyweights

SHANGHAI, Jumada I 24, 1437, Mar 4, 2016, SPA — China stocks rose for their fourth straight day on Friday, as a tumble in small-caps triggered by supply fears was offset by a surge in banks amid speculation that government-backed investors helped stabilise the market ahead of a key meeting by China’s parliament, Reuters reported.

At the end of a volatile session, the blue-chip CSI300 index rose 1.2 percent, to 3,093.89, while the Shanghai Composite Index gained 0.5 percent, to 2,874.15 points.

For the week, CSI300 jumped 4.9 percent, while SSEC gained 3.9 percent, both posting their biggest weekly gains in more than two months.

Shenzhen’s start-up board ChiNext collapsed 5.3 percent on worries that Shanghai will soon launch a rival board for small-caps, potentially boosting supply.

But any impact on benchmark indexes was offset by a 4.3 percent jump in the banking sector.

–SPA
11:24 LOCAL TIME 08:24 GMT

Air China to Start Chongqing-Dubai Service

Round-trip fare of inaugural flight as low as RMB 399

BEIJING, March 4, 2016 /PRNewswire/ — On March 3, 2016, Air China announced at a press conference held in Chongqing that it would start Chongqing-Dubai service on April 2, 2016. The nonstop service will be the first of the kind from Chongqing to Dubai, and also Air China’s second international link to the Middle East following the launch of its Beijing-Dubai service. It takes passengers just 7 hours to get to a city of chic standing amidst desert and on the shores of the vast sea.

Air China logo.

Logo – http://photos.prnewswire.com/prnh/20141017/152745LOGO
Photo – http://photos.prnasia.com/prnh/20160304/0861601774-a
Photo – http://photos.prnasia.com/prnh/20160304/0861601774-b

To mark the start of the Chongqing-Dubai service, Air China has introduced quite a number of special discounts. Passengers who book the inaugural flight on Air China’s online Group Buy have the opportunity to get a round-trip special fare of 399 yuan; in the early phase of the operations, round-trip Economy Class tickets booked through Air China’s online Group Buy cost only 999 yuan; in addition, Business Class one-way fare is only 8,500 yuan, and Business Class round-trip fare, 12,000 yuan. Discounts are available on Air China’s official website and Air China’s hotline 95583.

Now, Air China and Flydubai, a local player, have signed an agreement which allows each to issue electronic tickets of the other. With the agreement, the Chongqing-Dubai service can be further extended to other Middle East and African cities like Riyadh, Baghdad and Dammam, which provides more travel options to business travelers looking for market development opportunities in the Middle East and Africa.

In 2016, Air China will continue to expand its global route network with its hub in Beijing, focusing on the introduction of intercontinental routes linking to key cities in different regions. At present, Air China has flights linking Chongqing to 25 domestic cities as well as 5 international and regional cities including Tokyo, Seoul, San Francisco, Hong Kong and Taipei.

(Note: The fares mentioned in this article do not tax.)

About the flights:

The flights CA451/2 are operated 3 times a week, with the outbound flights operated on Monday/Thursday/Saturday and the return flights on Tuesday/Friday/Sunday. The outbound flights depart from Chongqing at 18:40 and arrive in Dubai at 22:15; the return flights depart from Dubai at 00:10 and arrive in Chongqing at 11:20. The flights are operated with A330-200.