On October 8, 2013, Dongfeng Liuzhou Motor Co., Ltd. organizes a short delivery ceremony with a Liuzhou trading company for its 103 Chenglong dumpers which will be exported to Ethiopia. This is by now the largest batch order to Africa in ...
Tags: Transportation, auto
Transport for London (TfL) is considering bids from IBM and Capita to run London's congestion charging scheme. IBM holds the current contract, which it won in December 2007 and expires on 31 October 2015. Further reading TfL minds the ...
Tags: IBM, software, Transportation
Reportedly, Taiwan's stainless steel producer Yieh United Steel Corp (Yusco) mulls to buy Outokumpu's subsidiary stainless steel plant Acciai Speciali Terni (AST) in Terni, Italy, attempting to expand its global layout. AST was put up for ...
Tags: taiwan, steel, Construction
BlackBerry could slash its workforce by up to 40 per cent before the end of this year, as the struggling smartphone manufacturer attempts to cut costs. According to The Wall Street Journal, the BlackBerry job cuts will take place across ...
Tags: Blackberry, Computer Products
Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
BlackBerry has announced its fourth new BlackBerry 10-based smartphone of the year with the Z30, a five-inch screen device that will become the company's flagship smartphone. The OLED touchscreen will offer a resolution of 1,280 by 768 - ...
Tags: Blackberry, Computer Products, smartphone
The sale of BlackBerry is in danger of descending into a dismemberment as the buyers that have so far indicated an interest in the company are only interested in purchasing parts of the smartphone maker. According to Reuters, interest in ...
Tags: Blackberry, Computer Products, smartphone
Dell founder Michael Dell and investor Silver Lake Management have had their proposed $24.9bn buyout of ailing PC maker Dell approved by holders of the voting shares. The buyout, which is the largest of its kind since 2007, has been ...
Tags: DELL, software, Computer Products
New York-based risk and financial management firm Towers Watson has placed its reinsurance broking arm for sale. The company is also planning to rope in one of the Wall Street banks to sell the business. The sale price has not been ...
Tags: Towers Watson, Service
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
The government has stepped up the process of equipping every home in the UK with smart energy meters by selecting the vendors to provide the kit, the data service and wide area communications, in addition to a smart meter governing ...
Tags: Smart Meter, Instruments
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter and the first nine months ended June 30 of the financial year 2012-13. For the third quarter, ThyssenKrupp registered a net loss of €238 ...
Tags: Thyssenkrupp, Steel Plants
Investcorp has bought crisp firm Tyrrells for £100M, it was announced today (August 1). Premium crisp maker Tyrrells was founded in 2002 by farmer Will Chase Corporate investment business Investcorp struck a deal to acquire the ...
Tags: Agriculture, Food
Sales of the textile and apparel companies in the Mexican state of Hidalgo are expected to be up by 10 percent during the next school year. The president of the Hidalgo delegation of National Chamber of the Apparel Industry (CANAIVE), ...
Tags: School Uniform, Hidalgo Firms
Hostess snack cakes are set to return to the shelves across the US, with 50 million Twinkies and 35 million CupCakes with Signature Squiggle expected to be rolled out in next two weeks. The new products that will hit the shelves include ...
Tags: snack cakes, Hostess