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 ...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...
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...
Forbes Media Chairman Steve Forbes on the outlook for the U.S. economy.
Travelers (NYSE:TRV) said its first-quarter profit narrowed but still surpassed Wall Street forecasts, as across-the-board price increases helped sales edge higher a...
Lloyd's of London chairman John Nelson weighs in on the cost of disaster relief.
TAKING THE PULSE: The mild winter was kind to U.S. property-casualty insurers in the first quarter, giving the sector a respite after a long string of natural catast...
U.S. retail sales rose more than expected in March as Americans shrugged off high gasoline prices and bought a range of goods, suggesting that economic growth in the...
SAP Co-CEO Bill McDermott on global company growth and new software that is expected to change the company's future.
Deutsche Bank senior U.S. economist Carl Riccadonna explains why we are better equipped to handle rising gas prices.
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...
Employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Fe...
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...
TotalCarScore.com CEO Karl Brauer discusses whether Toyota can lead the industry again.
Zurich Insurance Group AG (ZURN.VX) joined the growing ranks of insurers reporting solid first-quarter earnings Thursday and said it was starting to reap benefits fr...
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...
A protracted dry spell appears to be coming to an end for the reinsurance industry, after Swiss Re (SREN.VX) and a smaller German rival said they were able to push t...
Swiss Re (SREN.VX) Friday reported much better-than-expected earnings for the first quarter, driven by an increase in premiums and a good result from investments, ma...
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...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
