US spending on Christmas trees to reach record-high since 2008

Note: This section contains information in English only.
Source: Bloomberg

Expenditure on buying Christmas trees in US will surge 3.1% this year, the record high since recession in 2008, said IBISWorld. Americans are planning to paid about $800 m for 25 m real trees and another $2.6 bn on 10 m non-natural trees during the Christmas time, predicts IBISWorld. Americans spent $3.14 bn to purchase Christmas trees in 2008.

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Wed, 07 Dec 2011 07:33:24 GMT

China to increase nuclear energy generation

China plans to increase its nuclear energy capacity and make nuclear energy a foundation of the power-generation structure in the next 10-20 years, according to senior official. China is going to expand its energy capacity by 2 billion kW in corresponding period with 300 million kW being generated from nuclear power, said Shi Lishan, deputy director of the National Energy Administration's department.

Tue, 06 Dec 2011 17:27:25 GMT

Southwest Airlines sees the rise in sales

Southwest Airlines announced the increase in traffic by 2.5% pulling the revenue passenger miles to over 8.28 billion as compared with 8.07 billion in 2010. The capacity in November also increased by 0.7% to 10.14 billion available seat miles. The revenues are expected to rise by 9% in November.

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