Sinopec Engineering Group Co Ltd saw annual profit growth of 10.8 percent during the first half of the year to 2.21 billion yuan ($361 million), a statement from the company said. The group saw revenue of 19.65 billion yuan from January ...
Tags: Sinopec, Metallurgy, Mineral, Energy
Mazda Motor Corp. has appointed a new CEO just days after announcing its first annual profit in five years. Production and purchasing guru Masamichi Kogai will assume the title of Mazda president and CEO from June 25, replacing Takashi ...
Tags: Mazda, Auto, Transportation
Australian stocks recovered from a steep intraday fall to close only marginally lower yesterday, as the Reserve Bank cut interest rates to a record low. The benchmark S&P/ASX 200 closed down 12.5 points, or 0.2 per cent, at 5143.7, after ...
Tags: Stocks Lift, Australian stocks
The local government of Guangping County in China's Hebei Province has signed an agreement with Hebei-based Chinese steelmaker Wen'an Iron and Steel Co., a subsidiary of Hebei New Wu'an Iron and Steel Group, for the establishment of Wen'an ...
Tags: Steel Market, Mineral
Nestlé has recalled four Kit Kat Chunky products and an Easter egg after consumers found pieces of plastic in the product. The affected lines include Kit Kat Chunky collection Easter egg, Kit Kat Chunky Hazelnut, Kit Kat Chunky Choc ...
A deal that would have made electronics giant Foxconn a major shareholder in Japan display maker Sharp has fallen apart, though the companies remain close partners in the complex global electronics supply chain. Foxconn's Hon Hai ...
Tags: Foxconn Deal, Computer Products, Shareholder
Foxconn's Hon Hai Precision Industry posted record annual profits last year, a sign that production of Apple products remains strong despite heightened competition from rival electronics vendors. Hon Hai Precision, the central ...
Tags: Apple, Hon Hai Earns, Annual Profit
Finnish manufacturer of meat foods and products HKScan is set to lay off 123 workers at its operations in the country as part of its restructuring plan. Of all the jobs, 49 jobs will be eliminated through permanent layoffs while the ...
Tags: meat foods, HKScan, workers
Sony, striving for its first annual profit in five years, said Thursday it sold a Tokyo office complex for about $1.2 billion. "Sony City Osaki," a building and block of land in a prime section of the Japanese capital near bustling Osaki ...
Tags: Sony, Offload Assets, company news
Finsbury Food Group has sold its free-from business to Genius Foods for Pound 21M to focus on its core bread and cake business and reduce debt. Genius Foods has a 50% share of the UK gluten-free bread market The free-from business ...
Tags: Finsbury Food Group, Genius Foods, UK
The sharemarket closed at its highest level in more than four years, with gains across the board. The benchmark S&P/ASX 200 index had risen 18.5 points, or 0.37 per cent, to 5081.9 points, while the broader All Ordinaries index had added ...
Tags: Stocks, sharemarket, benchmark
Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
On December 31st, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group announced that its Quebec, Canada based iron ore mining JV, Bloom Lake Mine, achieved an annual profit of RMB 350 million in 2012. The Bloom ...
Tags: Wuhan Iron and Steel Group, iron ore, mining, company news
On December 31, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group (WISCO) announced that its Quebec, Canada-based iron ore mining joint venture, Bloom Lake Mine, achieved an annual profit of RMB 350 million ($56 ...
Tags: WISCO, iron ore mining, joint venture, Bloom Lake Mine, annual profit, 2012
US poultry giant Sanderson Farms has reported an annual profit thanks to higher poultry prices and increased production. The return to profitability reflected higher production In the 12 months to the end of of October, earnings ...
Tags: annual profit, higher poultry prices, increased production, production