Porsche Middle East and Africa, a subsidiary of German sports car manufacturer Porsche, is planning to expand its business in the region, with a focus on sub-Saharan Africa. This move of the company is in line with its global 2018 ...
Tags: Porsche, sports car
Calithera Biosciences has completed a $35m series D financing led by Adage Capital Partners, LP. Joining Adage as new investors in this financing are the Longwood Fund and two other institutional investor groups. The transaction also ...
Companies in China, whose tainted milk powder scandal in 2008 left six dead and more than 300,000 sick, are vaunting tie-ups with French dairies to shore up their image but some fear this could backfire for Paris. Chinese firm Biostime ...
Tags: Dairy Firms, milk powder
The STA has welcomed Government proposals to increase the upper size limit of community projects eligible for the fixed Feed-in Tariff (FIT) from 5MW to 10MW in an amendment tabled by DECC yesterday [1]. The amendment does not stipulate a ...
Tags: Metallurgy, Mineral, Energy
Two giant private equity groups, Blackstone and Carlyle, are among companies believed to be preparing bids for cartons giant Chesapeake, according to media reports. The Sunday Times (19 May) reported that Blackstone and Carlyle are ...
Tags: US, Chesapeake, Packaging
Bangladesh, the second largest readymade garment (RMG) manufacturer in the world after China, is witnessing a dip in new investments in the field of textile in last two years. Bangladesh apparel makers are worried about the shortage in ...
Tags: textile, RMG makers, textile industry
Yemeni steelmaker Star Company is seeking a possible new investor after its Chinese partner announced it intends to sell its shareholding. The works has a plasma furnace-based billet plant with annual capacity 43,000 tons and a 60,000 ...
Tags: steelmaker, Yemeni Star, rebar mill
Indian textile and apparel manufacturers are expecting boost for the sector as Union Budget 2013-14 has opened new opportunities for investments in the domestic as well as international market with reduced excise duty on branded garments, ...
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
The mass sell off of Apple’s stock is being driven by the looming fiscal cliff, specifically the expiration in January of tax cuts implemented by Bush. Apple’s share price fell as low as $505.75 during Friday’s trading, ...
Tags: Apple, Apple shares, Apple7, Exxon, Fiscal Cliff
Avinger, a manufacturer of multi-functional catheters, has raised $33m in Series D financing round. The finance was raised based on the completion of the company's Connect II global clinical trial for Ocelot catheter, which is integrated ...
Tags: Avinger, multi-functional catheters, peripheral artery diseases
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods
Laser Light Engines, Inc. (LLE), the leader in laser illumination for high-brightness digital projection, announced $9 million in venture funding in September, with an additional $6 million anticipated from new investors. "This new funding ...
Tags: Laser Light
Company Closes on$49 Million Equity Investment by World-Class Institutional Investors Expected to Allow Company to Meet Growing Product Demand,Maintain Market Leadership Position and Accelerate its Drive to Profitability ...
Tags: North America, Lighting Science Group, equity financing, Zouk Capital LLP
Taipei,Sept.7,2012--Nanya Technology Corp.plans to exit commodity DRAM(dynamic random access memory)manufacturing to focus on niche memory chips for consumer electronics in one year,according to the newly appointed president,Charles Kao. ...
Tags: DRAM, memory chips, consumer electronics, Nanya Technology Corp.