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Barclays Will Reduce Its IT Spending by Billions of Pounds

Jan 7, 2013

Barclays will reduce its IT spending by billions of pounds through the development of its own cloud-based technology,The Sunday Times claims. The Sunday Times reported that the firm could reduce costs by 90 per cent but failed to cite any ...

Tags: Barclays, cloud technology, IT costs, internal app store

CSC Is Going to Release Its Price Policy for March on January 18th

Jan 7, 2013

China Steel Corp.(CSC),the largest carbon steel producer in Taiwan is going to release its price policy for March on January 18th.Market participants forecasted that CSC might raise its list prices for March,driven by the firm's improved ...

Tags: CSC, Steel, Taiwan

Schneider Electric Infrastructure Is Going to Acquire 6.22 Crore Equity Shares

Jan 7, 2013

Schneider Electric Infrastructure gained as much as 1.7% as promoters of the company Schneider Electric Singapore is going to acquire 6.22 crore equity shares of the company at INR 83.10 per share via open offer. The dispatch of the ...

Tags: Schneider, 6.22 crore equity, Schneider Electric Infrastructure

Chinese Jiuli Stainless Steel Pipe Has Won The US$13.9 Million Contract Order

Jan 7, 2013

Reportedly, Chinese Jiuli Stainless Steel Pipe announced that the company has won the US$13.9 million contract order for the supply of duplex stainless steel line pipes from Oman Oil Company Exploration & Production (OOCEP). The company ...

Tags: China, Stainless Pipe Supply, Deal

Remittances From The UAE Are on Track to Record 15% Growth in 2012

Jan 7, 2013

Khaleejimes.com reported that remittances from the UAE are on track to record 15% growth in 2012 to USD 12.87 billion, surpassing the overall GCC growth rate in outflows at 12.57%. Mr Y Sudhir Kumar Shetty COO of Global Operations, UAE ...

Tags: UAE, Metallurgy, Mineral, remittances

WesternZagros Resources Has Announced to Be Resident in Iraqi Kurdistan

Jan 7, 2013

WesternZagros Resources has announced the appointment of Mr.William(Bill)Jack to the position of General Manager Kurdistan,to be resident in Iraqi Kurdistan,effective February 1,2013. This appointment follows the decision by Mr.Ian ...

Tags: WesternZagros Resources, General Manager, Mr.Ian McIntosh

The Company's Sales Revenues Grew by 7% Year on Year

Jan 7, 2013

Tycoons Group, one of the major wire and fastener manufactures in both Taiwan and Thailand market said that its loss after tax in the first three quarters of 2012 were NTD 275 million, affected by the market demand was weak. In the first ...

Tags: Tycoons Group, Metallurgy, wire and fastener, Taiwan

Trinity Steel Acquired Houston-Based Triton Vessel Manufacture

Jan 7, 2013

Houston Business Journal reported that Trinity Steel Fabricators Inc a Houston company that has primarily worked in structural steel fabrication, has acquired Houston-based Triton Vessel Manufacture. The acquisition will allow Triton to ...

Tags: Trinity Steel, Vessel Fabrication Market

Copper Consumption Will Grow About 4% Annually Through 2014

Jan 7, 2013

Fitch Ratings forecasts that copper consumption will grow about 4% annually through 2014, based on a soft landing in China and a slow recovery in developed nations. European copper consumption is expected to remain depressed through this ...

Tags: Copper, Fitch Ratings, copper consumption

The Amount Paid for The Shares Was USD 550 Million.

Jan 7, 2013

Eurasian Natural Resources Corporation PLC announced the completion of the private acquisition by its wholly owned subsidiary, ENRC Congo BV, of the remaining 49.5% of the share capital of Camrose Resources Limited as well as the ...

Tags: ENRC, private acquisition, company news, Metallurgy

Malvern Instruments Has Signed an Exclusive Distribution Agreement with Biosensors

Jan 7, 2013

Materials characterisation company Malvern Instruments Ltd has signed an exclusive distribution agreement with Affinity Biosensors LLC which will extend the range of solutions that Malvern offers to the biopharmaceutical sector.The ...

Tags: Malvern Instruments Ltd, Affinity Biosensors LLC, biopharmaceutical

Huawei Has Revealed Its Sales Revenue for 2012

Jan 7, 2013

Controversial Chinese firm Huawei has revealed its sales revenue for 2012 is to surpass the$35bn(£21.7bn)mark,with a net profit of$2.4bn(£1.4bn)–an increase of more than 10 per cent year-on-year for both figures. The ...

Tags: Huawei, telecommunication, US, UK, China

The Fourth Chinese Enterprise Learning Information Technology Forum Is Held in Beijing.

Jan 7, 2013

Recently,the fourth Chinese enterprise learning information technology forum is held in Beijing.Baosteel learning system construction project stands out from multiple projects and is awarded"2012 Annual best learning management system ...

Tags: Baosteel, best learning management system application award

Conagra Foods Recalls 756 Cases of Andy Capp's Hot Fries Flavor Product

Jan 7, 2013

ConAgra Foods is voluntarily recalling 756 cases of Andy Capp's Hot Fries flavor product in the US,as it may contain Andy Capp's Cheddar Fries flavor,and,therefore,an undeclared allergen soy. People with soy allergy and those with a ...

Tags: ConAgra Foods, Andy Capp, US

Ongweoweh Has Announced That It Has Acquired White&Co

Jan 7, 2013

Ongweoweh has announced that it has acquired White&Co.,an independent packaging research and consulting firm.The purchase will better serve the needs of Ongweoweh's customers,and provide White&Co.the opportunity to expand its service and ...

Tags: Ongweoweh, White and Co, service and software offerings