Dutch multinational announces sale of its LED components and automotive lighting business as it turns toward new HealthTech focus. Chris Newmarker Royal Philips has set the wheels in motion when it comes to a split-up of the company ...
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
General Motors has announced the exit of its Opel brand from Russia market by December 2015 as well as planned an overhaul of its entire business model in the country. Apart from taking off its Opel brand, the company will also minimize ...
Tags: Motor, Business Model, Auto Parts
Sinton Dairy Foods, a unit of Borden Dairy, is looking to exit fresh fluid milk business and focus on making extended-shelf-life milk in the US, a move which could put around 120 jobs at risk. The transition will be carried out over ...
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
Sony has inadvertently confirmed its latest Xperia Z-series tablet will be unveiled next week at the Mobile World Congress expo in Barcelona. The independent XperiaBlog (via Android Police) found details of the forthcoming Xperia Z4 ...
Tags: Consumer Electronics, MWC
New Balance confirmed its entry into the global football market, marked by its signing four club sponsorships, featuring Liverpool FC, Stoke City FC, FC Porto and Sevilla FC. It also signed ten international players. Warrior, also owned by ...
Tags: New Balance, Football Goods
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
The University of Illinois has entered into an agreement with Traffic Powered Renewable Energy System (TPRES) maker New Energy Innovations to improve new traffic powered sustainable source. The sustainable source of clean energy will be ...
Tags: Traffic Powered Energy, New Energy
The US International Trade Commission (USITC) has officially voted to uphold the findings that China and Taiwan PV manufacturers have been dumping their products. The tariffs against PV imports will follow the Depart of Commerce's (DOC) ...
Epistar Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC ) held Board of Directors’ meetings today and approved a sale of TSMC Solid State Lighting (TSMC SSL) shares. Epistar will acquire all shares of TSMC SSL held by TSMC and ...
Epistar and Taiwan Semiconductor Manufacturing Company (TSMC) have both announced that their boards of directors have approved a transaction of TSMC Solid State Lighting (TSMC SSL) shares. Epistar will acquire all shares of TSMC SSL held ...
The board of directors of Hsinchu-based Taiwan Semiconductor Manufacturing Co (TSMC, the world’s biggest silicon wafer foundry) has approved the sale of its stake in TSMC Solid State Lighting (TSMC SSL). Taiwan’s Epistar Corp ...
Tags: LED lighting products, Electrical
Apparel marketer and NYSE listed, PVH Corp said it will close its Izod retail division, with the closing expected to be completed by the end of fiscal 2015. “However, the closure of the retail business is not expected to impact the ...
Molo always surprises its clients, visitors by producing attractive yet useful products. Like Benchwall Paper Partition which was an example of useful yet sophisticated and stylish sitting product. A unique version of Sofa. The idea and ...
Tags: Softwall Paper, Furniture