A joint-venture sales firm between The People's Insurance Company (Group) of China Ltd. (PICC and SEHK: 1339) and US insurance giant AIG has begun recruiting talents. PICC Life, the life insurance unit of PICC, said in its official ...
It is learned that Brazil’s steelmaker Gerdau produced 4.4 million tons in the first quarter of this year which means a decrease of 11% compared to the same period last year. According to the company, the reduction reflects its ...
Tags: steelmaker, Gerdau
Two Chinese firms will debut on the Stock Exchange of Hong Kong this month. They are China Galaxy Securities Co., Ltd. and Sinopec Engineering (Group) Co., Ltd. The former formally triggered the share sale on May 6 and the latter is ...
Tags: Launch IPO, Sinopec Engineering
Fusion-io President and CEO David Flynn has resigned and will be replaced by Shane Robison, the former CTO of Hewlett-Packard. Flynn resigned effective immediately "to pursue entrepreneurial investing activities," according to a news ...
Tags: Computer Products, software
Microsoft has extended a guarantee that provides Yahoo with financial protection as part of the two companies' internet search partnership An arrangement requiring Microsoft to pay Yahoo a minimum amount per search on Yahoo's website ...
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
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
Hail Cement Company has announced that it has begun full commercial operations at its newly-developed cement plant yesterday. The company raised around $130m when its shares were floated on the stock exchange in 2011 through the sale of ...
Tags: Cement Plant, Cement, Construction
Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. will not debut on the stock market within five to ten years. The Shenzhen-based firm was brought under the limelight owning to problems regarding to ...
Tags: Computer Products, Electrical, Electronics
US-based Matthews International Capital Management increased 140,500 shares at CNY 58.25 per share in TVB (SEHK: 0511) on April 30, with the stake it holds increasing from 8.98% to 9.02%, according to the Stock Exchange of Hong Kong (SEHK).
Tags: Service
Apple may delay the release of OS X 10.9 because it's pulled engineers from the team to help in a final push on the next version of iOS, according to online reports. A delay won't affect Mac sales, and by all measurements, shifting bodies ...
Tags: Apple, Computer Products
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
Apple co-founder Steve Wozniak has said that he is confident that Apple will launch new products that will "surprise and shock us all," and help boost the company's "disappointing" share price higher than the 16-month low it fell to last ...
Tags: Computer Products, software
In the beginning of April, because of the low nickel price of around US$16, 000/ton, the Taiwan stainless steel transaction dropped. The nickel price in LME seemed not stable in April, since it fell to below US$16,000/ton, it dropped ...
Tags: taiwan, Metallurgy, Mineral, Energy, low nickel
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners. In the so-called ...
Tags: DELL, Blackstone