Entire jewellery industry of India is highly upset with the government's recent measures to curb import of gold to contain the Current Account Deficit (CAD) as it (the industry) has already started feeling the impact of condensed supply of ...
Crude oil futures settled slightly higher Tuesday as a pipeline shutdown in Alberta, Canada, and escalating tensions in the Middle East lent the complex a bullish note, amid rising equities markets. NYMEX August crude settled 14 cents ...
Tags: Crude Futures, Crude oil
Lloyds Bank is to work with mobile payments company Monitise to develop a suite of mobile card acceptance services for small businesses. The services will be developed on Monitise's mPOS platform and aimed, in particular, at ...
Tags: Lloyds Bank, Mobile Payments, Monitise
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
The London-based business said that the plan to sell its healthcare business – which recorded sales of £427m in 2012 – as part of its longer-term strategy to focus on its core business manufacturing beverage cans. ...
Tags: beverage cans, Packaging, Printing
Nigeria’s Bank of Industry (BOI) has disbursed about 60 percent of the N100 billion Textile Revival Fund, according to the bank’s managing director Evelyn Oputu. Ms. Oputu, who is currently attending the 20th Anniversary ...
Leaders from Coca Cola, Coles, Telstra, GraysOnline, Walgreens and the National Broadband Network will come together in Sydney on Wednesday for Australia's leading supply chain and logistics event, the Smart Conference & Expo. Smart 2013 ...
Tags: Service, Smart Service
Israel's Supreme Court has given the government 15 days to respond to an appeal by four Knesset members and four environmental and political organizations against the government's authority to decide on the export of offshore gas reserves, ...
Tags: Gas Export, Supreme Court
Last week, the nickel price in LME performed not very strong and the spot nickel price was quoted at US$13, 780/ton on last Friday. Market participants estimated that Taiwan’s stainless steel mills would probably cut the price ...
Insurance holding company Assured Guaranty (AGO) has inked a settlement agreement with Flagstar Bank, for violation of representations and warranties (R&W) in insured residential mortgage-backed securities (RMBS). The insurer will receive ...
Tags: Flagstar Bank, Service, AGO
The state-owned Japan Oil, Gas and Metals National Corporation hasdecided this week to provide guarantees of up to 75% of bank loans to new LNGprojects that are deemed to help reduce Japan's import costs for the fuel, aJogmec official said ...
Tags: Metallurgy, Mineral, Energy
China will no longer be the strong driver of the international thermalcoal market that it has been in the past three years, Deutsche Bank saidFriday in a report. Using annualized year-to-date figures, Deutsche Bank said China's 2013coal ...
Tags: thermalcoal, Metallurgy, Mineral, Energy
The breach of the dike in the night of Sunday to Monday, 10 June in the vicinity of Fischbeck in the district of Stendal, Germany, had no direct consequences for the nearby plant of Zellstoff Stendal. The flooding caused by the breach was ...
Tags: Construction&Decoration, Stendal, Nordlam
Indoor LED lighting demand showed strong growth in first-half 2013 causing product shortages, hence some China-based LED firms may restart capacity expansions, according to industry sources. China-based LED firms stated that LED lighting ...
Tags: capacity, capacity expansion, China, LED lighting MOCVD
A string of footballers and other celebrities have been accused of using an extravagant data centre construction scheme in a bid to avoid tax. The data centres, on the Cobalt business park just outside Newcastle, are completely empty two ...
Tags: Computer Products, software