Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy
Elders Limited has agreed terms with its existing financiers to renew and extend its syndicated finance facilities to 31 December 2014, as part of a comprehensive plan to secure the repositioning and sustainability of the company as a pure ...
China has made changes to its railway safety management system and a new regulation will be effective from Jan. 1, a statement released by the State Council, the cabinet, said Friday. Released under an administrative decree signed by ...
US-based meat processing firm Pilgrim's Pride is set to shut down its cooking and cold storage facilities in Chattanooga, Tennessee within the next two weeks, eliminating 200 jobs at the facilities. The planned closure is a part of the ...
Tags: meat processing, Pilgrim's Pride
SoloPower Inc of San Jose, CA, USA, which makes thin-film copper indium gallium diselenide (CIGS) photovoltaic (PV) cells and lightweight flexible solar modules using a proprietary roll-to-roll electro-deposition process, says that an ...
Tags: SoloPower CIGS, Electrical, Electronics
Nokia is to acquire Siemens' 50% stake in joint venture Nokia Siemens Networks, which will become a wholly-owned subsidiary of the Finnish company after the transaction is completed. The handset maker is paying $2.2 billion to acquire the ...
Tags: Nokia, Siemens, Computer Products
Dashang (SHSE: 600694) on May 27 announced the restructuring plan following more than three-month trade suspension to acquire retail business and related assets under Dalian Dashang Group and Dalian Dashang Investment Management at CNY ...
South Korea-based solar material provider OCI has terminated two supply contracts with China-based Wuxi Suntech Power and one supply contract with Suntech International. OCI noted that the contract termination was based on Wuxi Suntech's ...
Tags: OCI, Polysilicon Supply, Lighting
US carmaker General Motors will invest about EUR4bn in European subsidiary Opel through 2016 to assist in launching new models, restore profit and raise market share in the region. Majority of the investment will be aimed at developing ...
China-based large-size solar firm Suntech Power Holdings announced that on March 18, 2013, a group of eight China-based banks filed a petition for insolvency and restructuring of its China subsidiary Wuxi Suntech Power Holdings (Wuxi ...
Tags: solar firm, solar, Suntech
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
Checkpoint Systems, Inc. reported financial results for the fourth quarter and full-year ended December 30, 2012. These results report the U.S. and Canadian CheckView business as discontinued operations, reflecting the Company's decision to ...
Tags: Checkpoint Systems, fourth quarter, Revenues
Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off. HP reported earnings for the first quarter of ...
Tags: Hewlett-Packard, profit, PC sales
Food packaging company Crown Food Europe is planning to eliminate about 116 jobs at its site in Worcester, UK, as a part of its restructuring plan. The company noted that this decision has been made after changes in the food packaging ...
Tags: Crown Food Europe, Food packaging, jobs
Chiquita Brands has indicated that fourth quarter and full year results for 2012 are down on 2011 due to a poorer performance from its salad business, poorer currency exchange and on-off charges. The banana group said today (28 January) ...
Tags: Chiquita Brands, fourth quarter, 2012