Venezuelan Manufacturers Raise Capacity
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Venezuela&#39;s manufacturers used 55 percent of their operating capacity, marking the highest percentage in over a year, as Venezuela&#39;s economy recovers from recession, according to a survey issued Thursday.
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Venezuela expects trade with Colombia to reach $2.5 billion this year, a 73 percent increase over 2003, Venezuela's ambassador to Colombia said Monday.
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CARACAS -- President Hugo Chavez said oil and gas deals he recently signed with the Chinese, part of a strategy to reduce his country's reliance on US export markets, will boost trade with the Asian country to nearly $3 billion next year.
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Company is expanding production to deliver more flat-panel TVs.
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Chinese companies will gain development rights to 15 oil fields in eastern Venezuela, and China will also be allowed to build oil refineries there.
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Venezuela's foreign minister said Monday that efforts to integrate Latin American economies through regional free trade agreements will eventually boost commerce with the United States.
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CIENFUEGOS, Cuba  - Venezuelan President Hugo Chavez met on Friday with a dozen leaders of Caribbean and Central American nations he is supplying with cheap oil that has bolstered his regional influence.
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Venezuelans are swilling aged whiskey, snapping up luxury cars and treating themselves to plastic surgery in an oil-fueled spending spree worthy of one of the fastest-growing economies in Latin America.
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Venezuela is buying helicopters, boats and military transport planes in defense deals worth about &#36;2.7 billion, modernizing its military as tensions grow between leftist President Hugo Chavez and the United States.
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President Chavez increases 16-fold the taxes paid by foreign oil companies operating in Venezuela.
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Chemtura Corporation (NYSE:CEM) will increase capacity for epoxy plasticizers by 15% at its Taft, Louisiana manufacturing facility, beginning January 2007.
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U.S. manufacturers ratcheted up the  pace of output in November as new orders jumped and factories  took on more workers, a report said on Wednesday.
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President Hugo Chavez&#039;s plans to build the first Kalashnikov factory in South America are stirring fears Venezuela could start arming his leftist allies in the hemisphere with Russian assault rifles.
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The companies introduced dozens of new products, and sales in countries like China have increased as consumersâ incomes expand.
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Honda Motor Co. (7267.T) will build a  second car plant in Thailand and a new motorcycle factory in  Vietnam as well as boosting capacity in other regions to meet  growing demand abroad even as the Japanese market shrinks.
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Urged on by China's government and armed with credit from state-owned banks and stock market listings, many Chinese manufacturers are going global.
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BMW , the world's biggest  premium car maker, will raise its production capacity at its  Chinese factory by 45 percent over the next few months to as  many as 44,000 cars a year, a top executive said on Thursday.