Chinese cement producer and property developer BBMG Corp said its 2014 net profit is expected to fall by up to 25 per cent from the year earlier, on weaker sales in the property market. The company did not give exact figures for its profit warnings, but said it posted a net profit of CNY3.2bn (US$523m) in 2013.

US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...