Mystery surrounds recent reports that Premier Foods has sold £100M worth of its debt to US private equity house Apollo Global Management. Premier Foods brands include Hovis, Mr Kipling and Ambrosia The story originated from US ...
The necessity to purchase utilized plant and hardware never goes less and out of movement. Very nearly each sort of association should purchase equipped and well-performing plant and hardware. With a specific end goal to produce high ...
Tags: Utilized Steel Plant, Hardware
MicroPort Medical, a subsidiary of MicroPort Scientific, has signed a definitive agreement with Wright Medical Group, a US-based orthopaedic company, to acquire Wright's OrthoRecon business for $290m in cash. The transaction is subject to ...
Tags: Microport Medical, Medicine
Duerr Group is acquiring the German environmental technology company Luft- und Thermotechnik Bayreuth GmbH (LTB). Founded in 1958, LTB’s product range includes scrubbers, filters and cyclones. The company employs 120 people in ...
Tags: Duerr, Air Purification, Machinery
Luminus Devices, a VC-funded firm developing and selling solid-state lighting products, recently was sold to Chinese LED maker Sanan for $22 million. Luminus' customers include LG, Acer, Zumtobel, EYE Lighting, Philips, Denmark's Martin, ...
Tags: Luminus Devices, Lighting
In a major boost to the Bangladesh readymade garment sector, Finance Minister Abul Maal Abdul Muhith has announced reduction of supplementary duty (SD) on import of woven fabrics to 20 percent, in 2013-14 Budget. Presenting the Budget ...
Tags: Fabrics, Textile, Bangladesh
Mobile telecoms firm Vodafone paid no UK corporation tax for a second year running, despite its revenues exceeding £5bn in Britain. Vodafone, which owns and operates networks in over 30 countries, claimed that its investment in ...
Tags: Computer Products, Mobile telecoms
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
Trina Solar made USD 260.2 million net operating incomes in the first quarter this year, down 25.6 percent year on year and 14 percent quarter on quarter; net losses were USD 63.70 million. Besides USD 800 million debts, the company also ...
Tags: Metallurgy, Mineral, Energy, Solar
The textile exporters’ fraternity has suggested various measures to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the revival of sinking indigenous industry. The roundtable conference on Pakistan’s ...
Tags: Textile Sector, Apparel
ISS warns of increase in Australian Carbon Tax Wednesday, May 22, 2013 Inchcape Shipping Services (ISS) the world's leading maritime services provider, is warning of an increase in Australian Carbon Tax on vessels from 1 July 2013. ...
Tags: Carbon Tax, Transportation
Lassonde Industries has entered into an agreement to increase its stake in Clement Pappas and Company (CPC), a leading private brand supplier of cranberry sauces and beverages, from 70.7% to 84%. The deal is valued at $21.2m. Lassonde has ...
Tags: Lassonde, Clement Pappas
American International Group (AIG) has introduced CyberEdge mobile application for iPads, intended to provide improved information on cyber risk and assist in dealing with the same. The new application has been designed following a survey ...
Tags: Cyberedge Mobile Application, AIG
Boston-based property and casualty insurer Liberty International Underwriters (LIU) has introduced a new policy to cover marine liability and property related risks for small and mid-size marine businesses owners and operators. Dubbed LIU ...
How do you see what you can’t see? With thermal imaging, you view the radiation or infrared wavelengths emitted by objects. Infrared wavelengths — too long for the human eye to detect — are part of the electromagnetic ...
Tags: Invisible Visible, Thermal Imaging, Industrial Equipment