Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
Rating agency Fitch predicts that China's annual steel exports are likely to fall to 70 to 80 million tons in the long term. Official data shows in 2014, China's steel exports reached 94 million tons. However, more steel production ...
Tags: Chinese Steel, Exports
US-based packaged foods company Pinnacle Foods has entered into an agreement to acquire Boulder Brands for $975m, in a move that signifies the former’s expansion into health and wellness segments. The acquisition is expected to ...
Tags: Pinnacle Foods, refrigerated foods
The introduction of cost-reflective road pricing must include the establishment of an independent economic regulator to set fair, enforceable prices for road users, the chief executive of the Australian Trucking Association Christopher ...
Tags: Road Transport, truck, bus
AKHAN Semiconductor Inc of Chicago, IL, USA has formally opened its new global headquarters and production facility at 940 Lakeside Drive in Gurnee, Illinois, after beginning operations there in June. The firm also says that its first ...
Tags: Akhan, diamond semiconductor
In response to the shift in the lighting market toward semiconductor-based technologies creating new growth opportunities, lighting company Osram GmbH of Munich, Germany says that it is to invest about €3bn in new technologies and ...
Tags: Osram, Lighting, Opto Semiconductors
Australia’s transport ministers have decided to overtax the truck and bus industries by $515 million over the next two years, the CEO of the Australian Trucking Association Christopher Melham said today. The ministers made the ...
Tags: Road Transport, heavy vehicle
LG Display announced Monday it will be channeling future resources to the development of OLED TVs to stay ahead of Chinese competitors that are catching up rapidly in the LCD sector, reported Associated Press. The Apple supplier said it ...
Tags: LG Display, OLED, LCD market
Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
For third-quarter 2015, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, hybrid photonic
For third-quarter 2015, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $140.7m, up 51% on $93.3m a year ago although up only 7% on $131.4m last quarter (which was the ...
Tags: LED market, LCD TVs
Geotab, a leading global provider of premium-quality, end-to-end telematics technology, today announced the acquisition of one of its most successful partners: Strategic Telecom Solutions (STS). Founded in 2004, STS has amassed more than ...
Tags: Geotab, Kia Motors, Soul EV
Two iconic 38-class locomotives will return to steam over the next two years following an announcement outlining the way forward for locomotives 3801 and 3830. “Returning these historic locomotives to service is a major engineering, ...
Inventec Corp., a major EMS (electronics manufacturing services) provider headquartered in Taiwan, reportedly has become a supplier to Fitbit, the American vendor of wearable devices that recently went public on the New York stock exchange ...
Coles has reported a $1.78 billion profit before interest and tax for the financial year ended 30 June 2015, up 6.6 per cent on the 2014 financial year. Turnover revenue for Coles was $38.20 billion and return on capital was 11 per ...
Tags: hardware chain, Chemical