Wednesday, April 7, 2010 as of 11:14 AM ET
The , also known as the 2011 Tohoku earthquake, the Great East Japan Earthquake, and the 3.11 Earthquake, was a magnitude 9.0 (Mw) undersea megathrust earthquake off the coast of Japan that occurred at 14:46 JST (05:46 UTC) on Friday, 11 March 2011, with the epicenter approximately east of the Oshika Peninsula of Tōhoku and the hypocenter at an underwater depth of approximately .
Read More at Wikipedia ›India's state-run NMDC Ltd.
(526371.BY) plans to export about 2.1 million metric tons of iron ore to steel mills in Japan and South Korea this year, Chairman N.K. Nanda said Thursday.It didn't export any iron ore in the previous fiscal year ended March due to procedural delays in getting approval from the federal cabinet and subdued demand from Japan following an earthquake and tsunami in March 2011, he told reporters.The country's largest iron-ore producer will likely produce 31 million tons this year, up about 14% from 27.3 million tons last year, Nanda said.Separately, NMDC and state-run Indian steelmaker Rashtriya Ispat Nigam Ltd. signed an initial pact for setting up a 450-kilometre pipeline connecting the miner's Bailadila mines in Chhattisgarh state to Visakhapatnam city.Rashtriya Ispat operates a steel plant with a capacity of 6.3 million tons at Visakhapatnam and buys iron ore from NMDC, which supplies through road and rail networks.Both NMDC and Rashtriya Ispat will fund the ...Economic growth cooled in the first quarter as businesses cut back on investment and restocked shelves at a moderate pace, but stronger demand for automobiles soften...
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Lloyd's of London chairman John Nelson weighs in on the cost of disaster relief.
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U.S. retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods even as they paid more fo...
Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said o n Monday he would resign, after a year of intense criticism of his abrasive management tac...
Germany's Munich Re AG (MUV2.XE), the world's largest reinsurer by premium revenue, Tuesday said it swung to a net profit in the first quarter, helped by extremely l...
Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) posted a sharply higher first-quarter profit as natural disasters abated.Operating earnings, which exclude deri...
Profit at American International Group Inc. (AIG) more than doubled, to $3.21 billion in the first quarter, driven by improved results at its core insurance operatio...
New orders for U.S. factory goods in March recorded their biggest decline in three years as demand for transportation equipment and a range of other goods slumped, g...
For the third spring in a row, investors are concerned about the chances of a springtime slowdown stalling the U.S. economy.While optimism brimmed about the strength...
Loews (NYSE:L) revealed a weaker first-quarter profit that topped expectations on Monday, as smaller catastrophe losses and higher investment income at CNA Financial...
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