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Chelyabinsk Metallurgical Plant Completed an Expansion

Jan 5, 2013

Bloomberg reported that Chelyabinsk Metallurgical Plant,a unit of OAO Mechel,has completed an expansion of its wastewater biochemical treatment facility last month Mechel-Koks's expanded facility allows the cleaning of wastewater from ...

Tags: Bloomberg, CMP, wastewater, Mechel

POSCO and Investing Companies Delivered Year End Charity Donations of 10 Billion KRW

Jan 5, 2013

On December 27th,POSCO and investing companies delivered year end charity donations of 10 billion KRW,and a 1%Sharing Donation consisting of 1%of wages of employees at the senior manager level and above to the Community Chest of Korea Of ...

Tags: POSCO, Happy Steel House, Korea

Mation Has Acquired Nexsan in a Deal Worth About $120 Million

Jan 5, 2013

mation, a storage and data security company, has acquired Nexsan, a vendor of disk-based storage systems, in a deal worth about $120 million, the company announced. The acquisition of Nexsan gives Imation a portfolio of disk-based and ...

Tags: mation, storage, data security, Nexsan

HP Reduced Its Workforce Last Year by 17,800 Employees

Jan 5, 2013

Hewlett-Packard reduced its workforce last year by 17,800 employees, more than half way to the restructuring goal it announced last year. Most of the departures came via layoffs, though some key IT workers left unexpectedly. The company ...

Tags: HP, workforce, employees, IT workers, GM

HP Will Continue to Evaluate Divestitures of Underperforming Parts of Its Business

Jan 5, 2013

Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December. ...

Tags: HP, potential divestitures, business, underperforming parts

Jupiter Energy Has Received Trial Production Licences for The J-51 and J53 Wells

Jan 5, 2013

Jupiter Energy has received trial production licences for the J-51 and J53 wells from the Kazakhstan regulatory authorities.With the licence,both the J-51 and J-53 wells can be produced under trial production for a maximum of 3 years.Oil ...

Tags: Jupiter Energy, Kazakh, Oil

Hindustan Copper's Net Profit Dipped by Over 21.5% to INR 110.35 Crore

Jan 5, 2013

State owned Hindustan Copper's net profit during the April to November period of the current fiscal dipped by over 21.5%to INR 110.35 crore on account of subdued prices globally. The company,the only domestic player to produce copper ...

Tags: Hindustan Copper, copper ore, LME, India

VE Commercial Vehicles Recently a 20.17% Fall in Its Total Sales at 4,032 Units

Jan 5, 2013

PTI reported that automaker VE Commercial Vehicles recently a 20.17%fall in its total sales at 4,032 units in December,2012 as against the sales of 5,051 units in the same period of 2011. VECV in a statement said that domestic sales ...

Tags: PTI, VECV, VE

DNO Announced That Its Helge Eide Is Stepping Down Effective 31 Decembe 2012

Jan 5, 2013

DNO International has announced that its long-serving Managing Director, Helge Eide (pictured), is stepping down effective 31 December 2012. “After almost 17 years at DNO International, including the past 13 years as Managing ...

Tags: DNO International, Helge Eide, company news, Managing Director

Apple Will Launch The Next iPhone in May or June 2013

Jan 5, 2013

Apple will launch the next iPhone in May or June 2013, offering a swath of colors and multiple screen sizes in a move that would depart from a six-year practice, a Wall Street analyst said today. "Apple has the option to go up [in screen ...

Tags: Apple, next iPhone, swath of colors, multiple screen sizes

NTT DoCoMo, Is Working with Intel and Samsung on Development of The Tizen Operating System

Jan 5, 2013

Japan's biggest cellular network operator, NTT DoCoMo, is working with Intel and Samsung on development of the Tizen operating system and the first smartphone based on the platform could be out in Japan in 2013, according to a Japanese ...

Tags: NTT DoCoMo, Tizen operating system, smartphone, 2013

A Couple of Handsets Running The OS Have Appeared in a U.S. Radio Regulatory Database.

Jan 5, 2013

A month ahead of the launch of Research In Motion's BlackBerry 10 operating system, a couple of handsets running the OS have appeared in a U.S. radio regulatory database. There's not much about the phones that can be gathered from the ...

Tags: BlackBerry 10, operating system, FCC database, OS

Brewing Company Is Planning to Expand Its Market in Atlantic Canada

Jan 5, 2013

Prince Edward Island (P.E.I) Brewing Company is planning to expand its market in Atlantic Canada using $2.14m loan from the Prince Edward Island government in Canada. The brewery has also raised $500,000 loan from the Atlantic Canada ...

Tags: Prince Edward Island, Canada, expansion, company news

Beck's Has Introduced Beck's Sapphire in The US

Jan 5, 2013

Germany-based Beck's has introduced Beck's Sapphire, a golden pilsner brewed with German Saphir aroma hops in the US. The 6% ABV comes in sleek black glass bottle, according to the company. Anheuser-Busch US marketing vice president ...

Tags: Beck's, pilsner, Saphir, food industry

The Subaru Forester Has Been Affordably Priced and Practically Packaged

Jan 5, 2013

Long a favorite among our subscribers, the Subaru Forester has been affordably priced and practically packaged—just what many buyers need in a small SUV. Admittedly, we were concerned about what the 2014 redesign would bring. ...

Tags: 2014 Subaru Forester, car review, new car, Forester