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Company News
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Couche-Tard Has Become The Principal Owner of Statoil Fuel & Retail
Dec 11, 2012Couche-Tard has become the principal owner of Statoil Fuel & Retail (SFR). In an update on yesterday's (18 June) news that the group had announced settlement dates for its NOK53 (US$8.87) per share all-cash offer for SFR, Couche-Tard has ...
Tags: takeover bid, stakeholder, ownership
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Three Has Announced a New Partnership with Huawei
Dec 10, 2012Three has announced a new partnership with Huawei, giving the Chinese firm the responsibility of managing its network. Huawei will take responsibility of service management and operations surrounding Three’s core network, and will ...
Tags: Huawei, Partnership, Contract
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Xylem Has Launched a Range of New Wastewater Solutions During The Weftec 2012 Trade Show
Dec 10, 2012Xylem has launched a range of new wastewater solutions during the WEFTEC 2012 trade show in New Orleans. Xylem,which spun-off from ITT Corp almost one year ago,is making the organization's first appearance at the world's largest annual ...
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Ter Beke Has Said It Does Not Expect Its 2012 Results to Exceed That of Last Year
Dec 10, 2012Belgium-based Ter Beke has said it does not expect its 2012 results to exceed that of last year, as a result of increasing production costs. In a trading update, the company said increased volumes, price increases and "a far-reaching cost ...
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Ford Is Adding Two More Years of Warranty Coverage
Dec 10, 2012Ford will issue yet another update to MyFord and MyLincoln Touch, as well as adding two more years of warranty coverage, according to Automotive News. Our experience with these cars, backed up by Consumer Reports reliability survey data, ...
Tags: Ford, touch-screen system, touch screens
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IBM Has Invented a Chip That Combines Photonics and Silicon on a Single 90 nm Die
Dec 10, 2012IBM has invented a chip that combines photonics and silicon on a single 90 nanometer(nm)die,which is capable of transferring data at 25Gbps. The so-called silicon nanophotonics device(shown below)allows the integration of different ...
Tags: IBM, Silicon, Optical Nanotechnology
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The Relatively Affordable Electric Smart Fortwo ED May Be The Best Smart Car Yet
Dec 10, 2012The relatively affordable electric Smart ForTwo ED (electric drive) may be the best Smart car yet. While not a high compliment, it does point to the promise of this diminutive two-door model as a green alternative for commuters. We recently ...
Tags: Electric Car, electric drive, two-door Car
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CSM & BASF Are Establishing a JV for The Production and Sale of Biobased Succinic Acid
Dec 10, 2012BASF and Purac,a subsidiary of CSM,are establishing a joint venture for the production and sale of biobased succinic acid.The company will be called Succinity GmbH and will be operational in 2013.The establishment of Succinity GmbH is ...
Tags: CSM, BASF, JV, biobased succinic acid
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Dairy Crest Has Said It Is "on Track" to up The Price It Pays Farmers for Milk
Dec 10, 2012Dairy Crest has said it is "on track" to up the price it pays farmers for milk after postponing plans to cut prices amid the fierce protests this summer. The UK dairy processor, which owns brands including Cathedral City cheese and ...
Tags: Milk Price, voluntary code, legal approval
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SJVN Is Venturing Into Wind Power Generation by Setting up a 47.6 MW Project
Dec 10, 2012Buoyed by its success in hydro power development,power major SJVN is venturing into wind power generation by setting up a 47.6 MW project. Peforming the bhoomi poojan for the project,Mr RP Singh CMD of SJVN said that the company's ...
Tags: hydro power, SJVN, turbine units, Wind Turbine
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Kolkata Port Trust and Haldia Bulk Terminal Tussle Is Heading for Arbitration
Dec 10, 2012The Kolkata Port Trust and Haldia Bulk Terminal tussle is heading for arbitration.KoPT is in the process of assessing the cost of damage caused due to the exit of ABG Haldia Bulk Terminal. In November,the port authorities had encashed the ...
Tags: KoPT, ABG Haldia Bulk Terminal, HBT, Kolkata Port
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Ltd Has Been Ordered to Pay One of Its Car Buyers INR 20.17 Lakh
Dec 10, 2012PTI reported that luxury car maker Skoda India Pvt Ltd has been ordered by the Delhi State Consumer Commission to pay one of its car buyers INR 20.17 lakh including INR 2.5 lakh compensation,for selling him a defective car. The state ...
Tags: luxury car, Skoda, defective car, compensation
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CSM Said Its First-Quarter Profits Were Down by More Than a Quarter Today (24 April)
Dec 10, 2012Dutch ingredients group CSM said its first-quarter profits were down by more than a quarter today (24 April), as weakness at its bakery supplies unit continued to weigh on the group's results. EBITA excluding one-off costs in the first ...
Tags: Csm Profits, Dutch ingredients group, industry channels
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The Company Will Exhibit a Specially Curated Show of Photographs From The New Book
Dec 10, 2012At Conde Nast's first-ever participation in Art Basel Miami Beach, (December 6-9), the company will exhibit a specially curated show of photographs from the new book and global exhibition Coming Into Fashion: A Century of Photography at ...
Tags: Conde Nast, A Century of Photography, history of fashion photography
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Bayer Materialscience Has Been Honored by AkzoNobel's A&AC Business
Dec 10, 2012Bayer MaterialScience has been honored by AkzoNobel's Automotive&Aerospace Coatings business(A&AC)with"The Alliance Award for Superior Partnership".Bayer MaterialScience has long supplied the Amsterdam-based company and world's largest ...
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