ttradeshows.com

Sunday, January 10, 2010

Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter.

The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009 total Chinese exports reached US$1.2 trillion, above Germany’s forecast $1.17 trillion.

Huang Guohua, a statistics official with the customs administration, said the December exports rebound was an important turning point for China’s export sector. He commented that the jump was an indication that exporters have emerged from their downslide.

“We can say that China’s export enterprises have completely emerged from their all-time low in exports,” he said.

However, although China overtook Germany in exports, China’s total foreign trade — both exports and imports — fell 13.9% last year.

Friday, March 25, 2005

A U.S. District Court in Tarrant County, Texas, issued a summary judgment Thursday against Circuit City’s InterTAN Inc., requiring all 950 RadioShack stores in Canada to stop using the RadioShack brand in store signs, packaging, products and advertising after June 30.

RadioShack’s Canadian operations were spun off in 1986 to a new corporation, InterTAN Canada, which was purchased in 2004 by RadioShack’s major U.S. competitor, Circuit City. Shortly thereafter, RadioShack sued InterTAN, alleging it had violated the terms of their licensing agreement and seeking the right to terminate the contract early.

In a statement released following the judge’s ruling, RadioShack’s general counsel, Mark Hill, claimed: “The most important thing to us was to protect our brand position in Canada.”

Circuit City chairman and chief executive officer, W. Alan McCollough responded today in a press release seeking an appeal: “We respectfully believe the court has erred in the partial ruling entered yesterday and we will use every means of relief possible to exercise our rights under the agreements, including all appeal rights. The Company believes the positions taken by InterTAN are correct and believe InterTAN will ultimately prevail in the legal proceedings.”

Tuesday, March 28, 2006Petrol prices across the UK rose to an average of 91.1p per litre (U.S. $6.02 per U.S. gallon) of premium unleaded on Tuesday, which is the highest they have been for five months. Prices have been rising ever since December 2005, when they reached a trough in the current cycle of 87.6p a litre ($5.79/gal.), and have gained about 1.5p a litre (2.6 cents) in the last 10 days.

Across the UK, petrol prices ranged from 86.9p to 100.9p ($5.74 to $6.67) for unleaded and 89.9p to 105.9p ($5.94 to $7.00) for diesel.

These figures coincide with the results of a motorists survey from AA Personal Loans, which showed that most drivers are ignorant of petrol prices. Just 14% of those surveyed were able to correctly give the current price of petrol. Out of 1700 people surveyed, the lowest estimate was 69p a litre ($4.56/gal.) and the highest was £3 a litre ($19.83/gal.).