The joint managing director of Havells Sylvania, Anil Rai Gupta, has said that it is 'highly probable' that the company will list its Sylvania Global brand on the London Stock Exchange in 12 to 18 months. Speaking exclusively to Lighting ...
Dorel Industries reported that its Recreational/Leisure Segment lost $5.4 million after mostly non-cash restructuring charges that reduced its overall earnings by about half. Dorel warned investors in early February that continued ...
Tags: Dorel Industries, Sporting Goods
Diversified miner trader Glencore Xstrata said Tuesday it sold 33.2 million mt of iron ore in 2013, a 68% annual rise in volumes, as it proceeds with studies for projects in Africa to gain marketing clout. As a relatively new entrant to ...
Tags: Iron Ore, Glencore Xstrata
It's been a busy week for Panasonic Australia.Last Friday the company announced the impending retirement of managing director Steve Rust and the appointment of new MD Paul Reid,effective from April.Today,the appointment announcements ...
Tags: Panasonic, CEG director, CEG
Sony made waves overnight with the company's head office announcing a global restructure that will see it shed 5,000 jobs, sell its Vaio PC business to Japanese company Japan Industrial Partners (JIP), and separate its TV business as a ...
Tags: Consumer Electronics, Sony, Electronics
For 2013, Rexam posted a 1% rise in sales to £3.9bn. Underlying profit before tax was up 4% to £372m. The group also hit 15.5% return on capital employed (ROCE), up on the 14.5% in 2012. Rexam’s total dividend is up 14% to ...
Shares in China Shipbuilding Industry Company Limited jumped more than 16 percent on Monday compared with its opening price on Jan. 20, following good performance expectations and the approved non-public offering plans for A shares. China ...
Firstly, the very good news. Colorpak is nearing the end of its rationalisation program following its 2011 acquisition of Carter Holt Harvey. Managing director, Alex Commins, stated, "The plant rationalisation activities will be completed ...
Tags: Colorpak
Firstly, the very good news. Colorpak is nearing the end of its rationalisation program following its 2011 acquisition of Carter Holt Harvey. Managing director, Alex Commins, stated, "The plant rationalisation activities will be completed ...
Tags: Colorpak
Lenovo chairman and CEO Yang Yuanqing has said that January was the perfect time to restructure the company. The PC vendor has adapted to contain four pillars: its PC Business Group, Mobile Business Group, Enterprise Ecosystem, and Cloud ...
Capital expenditures for equipment suppliers serving the solar photovoltaic (PV) manufacturing segment are forecast to enter a new upturn phase beginning in 2015. According to Solarbuzz, PV equipment spending could potentially reach US$10 ...
Tags: solar photovoltaic, PV equipment, ingots, wafers, cells, modules
Another wave of industry restructuring is expected to occur in Taiwan and China as LED lighting penetration rates continue to rise, according to Chinese-language Apple Daily report. LEDinside and Photonics Industry and Technology ...
Tags: LED Industry, LED Lighting
Dots LLC, the US-based fashion specialty apparel retailer with 420 stores located in 28 states, has filed for bankruptcy protection in order restructure and implement new strategies aimed at re-engaging its core customers. The Company has ...
Tags: Clothing Chain, Apparel
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy
Big Rock Sports has unveiled the company's new brand identity along with an enhanced website. The introduction of these new features follows their restructure in 2013, in which the company was split into a Shooting Sports Division and a ...
Tags: Big Rock Sports, New Sport Brand