The Board of Directors of Glaston Corporation has decided to start measures to strengthen the Company’s financial position. The Company is negotiating with the holders of the convertible bond issued in 2009 and debenture bond issued ...
Tags: Glaston Corporation, Financial Position, Software Solutions Business
Seven international electronics manufacturers were fined a total of $1.92 billion by the European Commission on Wednesday for conspiring to fix the price of cathode-ray tubes (CRTs) in two separate cartels between 1996 and 2006. European ...
Tags: EU, price, CRTs, separate cartels
Dallas law enforcement authorities have arrested self-professed Anonymous spokesman Barrett Brown in what appears to have been a dramatic raid of his apartment late Wednesday night. Barrett was having a live online video chat session with ...
Tags: FBI, Anonymous, US, Barrett Brown
Bloomberg reported that ThyssenKrupp AG ,Vossloh AG and Moravia Steel were sued for damages by Mr Deutsche Bahn AG for fixing the prices for rails. Deutsche Bahn filed a suit at the frankfurt regional court after talks over a settlement ...
Tags: ThyssenKrupp AG, Vossloh AG, Moravia Steel, steel market, rails price
The Federal Court in Sydney has ordered Thai Airways International Public Company to pay $7.5 million in penalties for engaging in cartel conduct in breach of the Trade Practices Act 1974 (now the Competition and Consumer Act 2010). ...
Tags: Price Fixing, Airways, Penalties, Service
A new rivalry at the top of the Organization of the Petroleum Exporting Countries oil group has emerged, pitting up and coming Iraq against undisputed cartel heavyweight Saudi Arabia. Having overtaken Iran as OPEC's second biggest producer, ...
Tags: oil, Petroleum Exporting, Petroleum, oil prices
The European Commission on Tuesday warned 13 optical disk drive suppliers that they may face a formal antitrust investigation for participating in a worldwide cartel. The companies are alleged to have been engaged in bid rigging for at ...
Apple and four major e-book publishers have offered retailers such as Amazon.com the option to set their own prices for e-books for the next two years in a bid to end an antitrust investigation in the European Union. The European ...
Tags: Apple, ebook publishers, prices, rivals
AFP reported that OPEC will likely cut its oil production next year as prices risk falling in reaction to higher output from top crude consumer the United States and amid a slowing of energy demand growth. The Organization of Petroleum ...
Tags: OPEC, oil production, top crude consumer, oil output
AFP reported that OPEC will likely cut its oil production next year as prices risk falling in reaction to higher output from top crude consumer the United States and amid a slowing of energy demand growth. The Organization of Petroleum ...
Tags: oil production, top crude consumer, energy demand growth
OPEC ministers gathering in Vienna have two tasks ahead of them on Wednesday: fix crude output policy for the year ahead and appoint a new secretary general to succeed the outgoing Abdalla el-Badri. While the 12-member group appears ...
ThyssenKrupp announced that the personnel committee of the supervisory board in close cooperation with Dr Heinrich Hiesinger CEO of ThyssenKrupp AG have agreed to propose to the Supervisory Board in its meeting on December 10, 2012 to ...
Tags: corporate meeting, ceo positions, siemens audit, thyssenkrupp
The Federal Court has ordered Cathay Pacific Airways Ltd and Singapore Airlines Cargo Pte Ltd to pay a total of $23 million in penalties for engaging in cartel conduct in breach of the Trade Practices Act 1974 (now the Competition and ...
Tags: Federal Court, Cathay Pacific Airways, Singapore Airlines Cargo Pte
Reuters reported that fresh from axing half of his management board this week, ThyssenKrupp chief executive Mr Heinrich Hiesinger is expected to ring in a new era at Germany's top steelmaker when he presents results on Tuesday. The CEO ...
Tags: steelmaker, steel companies, car parts, dependence on steel
OPEC gathers in Vienna this week for a ministerial meeting to decide on the cartel's oil production ceiling as a predicted drop in demand risks weighing on high crude prices despite Middle East unrest. The Organization of Petroleum ...
Tags: Middle East unrest, OPEC, oil, production