The Ukrainian mining and steel producing group Metinvest has announced that it has secured a three-year pre-export facility amounted to a total of $560 million. The facility had reached the $300 million level in the first stage in November ...
Tags: Metinvest, Mineral, Finance Facility
The volume, duration and frequency of distributed denial-of-service (DDOS) attacks used to flood websites and other systems with junk traffic have significantly increased during the first three months of this year, according to a report ...
Tags: Computer Products, software
The IT industry is in the midst of its largest disruption to date, according to Brian Gallagher, President of EMC's Enterprise Storage Division. Speaking at EMC's CIO Connect Middle East event in Dubai on Wednesday, Gallagher said that ...
Tags: IT, Computer Products, software
Marubeni and SK Shipping to co-own two LNG vessels for long-term charter to TOTAL Tuesday, Apr 16, 2013 Marubeni Corporation (Marubeni) in collaboration with (Korea) SK Shipping Co., Ltd. (SK Shipping) has concluded long-term charter ...
Tags: Transportation, Service
According to the latest market research conducted by the InfoWatch Group, Saudi Arabia is expected to invest up to $400 million in data loss prevention (DLP) over the next five years. Saudi Arabia is the Arab world’s largest ...
Tags: Infowatch, Data Loss Prevention
Entrust, Inc. today announced industry-leading updates to its popular mobile smart credential. In addition to offering a multi-purpose digital identity for secure physical, logical and cloud access, the Entrust IdentityGuard Mobile Smart ...
Security firm Symantec has found that banking Trojan Shylock – malware which aims to infect computers – is currently targeting more than 60 financial institutions, the majority of which are in the UK. In a blog, the firm ...
Tags: Computer Products, software
For fourth-quarter 2012, 5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has reported revenue of $128.6m, up 6.5% on $120.7m last quarter but down 13.9% on $149.4m a year ago. Revenue for ...
The government's vision to have every home in the UK equipped with smart energy meters is getting closer. Next year comes the mass rollout stage but in the meantime, three remaining bidders are battling it out for the right to provide the ...
Tags: Smart Meters, Electrical, Electronics, Meters
SAP has filed a court action against patent holder Pi-Net International, which it says has filed patent infringement lawsuits against a number of SAP customers. The alleged infringements, which concern three Pi-Net patents, are associated ...
Tags: Computer Products, software, SAP
Global research and advisory firm Celent has appointed Jamie Macgregor as global senior vice president for the firm’s insurance practice. Macgregor will replace Celent CEO Craig Weber, who has been serving in a dual role as the ...
Tags: Celent, Insurance, insurance practice
The Inter-American Development Bank (IDB) announced the approval of a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Republic of Korea, to expand its existing ready-made garment ...
Tags: IDB, garment sector, garment
Japan-based Marubeni Corporation has announced that its wholly-owned subsidiary Marubeni Iron Ore Australia Pty. Ltd. (MIOA) has signed a loan agreement for A$1.06 million financing with Japan Bank for International Cooperation, in relation ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Foxconn's Hon Hai Precision Industry Co. said it was still committed to buying a stake in Japanese display maker Sharp, and expects an investment could be completed within three months if a price can be agreed on. Both companies have been ...
Tags: Foxconn, Hon Hai, Investment Deal
Computer networks of banks and some broadcasters in South Korea were hit Wednesday in what is suspected to be a cyber attack, according to news reports. At least three broadcasters and two banks reported to the National Police Agency that ...
Tags: Cyber Attack, computer network, computer