General Motor (GM) announced a few days ago, they will invest 0.6 billion dollars to the Fairfax assembly factory, Kansas City, US, in order to upgrade the equipment and build a new painting workshop. GM once announced that they will ...
Tags: General Motor, Fairfax assembly factory, painting workshop
The Supreme Court of Virginia has vacated a preliminary injunction against reviews posted by a woman on Yelp and Angie's List, in an outcome that is being described by civil rights groups as a victory for freedom of online speech. In a ...
Tags: Court of Virginia, preliminary injunction, Yelp, Angie's List
A leading international relations expert says open warfare could break out between China and Japan in 2013. Hugh White, a professor of strategic studies at the Australian National University, says in an article for Fairfax that the ...
Tags: China, Japan, international relations, warfare
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water. Fairfax reports that the new technology was first developed in 2007, and involves ...
Tags: Scientists, H20, Gold
General Motors has decided to halt the production of Chevrolet Sonic and Buick Verano, at its Michigan plant to reduce high inventories. GM North America president Mark Reuss said that GM has trimmed production to better balance output ...
Tags: General Motors, Auto Parts Accessories, Sonic, Buick Verano
Computerworld-WASHINGTON-If Congress doesn't avert the fiscal impasse,automatic budget cuts could reduce federal IT spending by$66 billion in the fiscal year that began Oct.1,according to an analysis by the industry group CompTIA. As it ...
Tags: Congress, fiscal impasse, budget, WARN act
The sharemarket fell slightly in quiet trading yesterday as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless politicians reach agreement on ...
Tags: sharemarket, fiscal, Banks, Share trading volume
New gathering spaces intended to alleviate cramped conditions in the dining hall proper will be built as part of next year’s renovation of Old Leverett, according to design plans released Monday by Harvard administrators. When ...
Tags: Glass Roof, renovate, Old Leverett, renewal
Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270m. The acquisition follows an agreement signed between Luxembourg-based CVC Capital Partners and ...
Tags: Fairfax Financial Holdings, Cunningham Lindsey, insurance, stake
INTERNET radio service Pandora has chosen Jane Huxley as Sydney-based managing director for Australia and New Zealand -- and its first employee in the region. Huxley brings more than 20 years of relevant experience in digital media, ...
Tags: internet radio service, digital media, mobile, video
Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: insurance-claims, CVC Capital Partners, Fairfax, insurer
Fairfax Financial Holdings’ RiverStone runoff subsidiary has signed an agreement with Brit Group to buy all the outstanding shares of Brit Insurance Limited (BIL) of London, England for an undisclosed sum. According to the insurer, ...
Tags: Fairfax, subsidiary, BIL, London
US carmaker General Motors (GM) is planning to invest $120m to build a 400,000 sq ft paint shop at its Fairfax assembly plant in Kansas City, US. GM will seek Unified Government Board of Commissioners to grant the investment in industrial ...
Tags: General Motors, fairfax assembly plant, paint shop, carmaker
Crum & Forster, an insurance group and a part of Fairfax Financial Holdings, has named Ahmed (Abe) Yaknour as the company’s chief technology officer. Yaknour will manage the architecture of the company's infrastructure, as well as ...
Tags: Fairfax Financial Holdings, chief technology officer, insurance