China's fragmented lift market, with more than 400 original elevator equipment manufacturers, thousands of service companies and intense price pressure, is ripe for consolidation, companies have said. Schindler has had a limited presence in China's eastern Zhejiang province, where Volkslift is based. China's four million existing elevators dwarf the...
It's pretty much a one-percent economy, says John Silva, Wells Fargo chief economist, providing perspective on the U.S. economy, central bank policies, and the Fed's next step in moving rates.
According to USDA, net farm income is forecast to be $58.3 billion in 2015. That's far worse than the government's February outlook.
In a boost to UK manufacturing Siemens will invest millions in a wind plant in Hull, northern England, the Financial Times reports.