The current blooming rise scrap price in U.S. domestic market has propelled Taiwanese rebar buyers to restart their new purchase recently. In the beginning of this week, the rebar market transaction was still quite, but the purchase action ...
Tags: Rebar, Scrap Prices
UK-based insurer Beazley has launched a new product, called Deal Protect, to cover losses from inaccuracies in representations (reps) or warranties made in share or asset sale and purchase agreements. The new coverage, which is ...
A Cleveland-based manufacturer of protective apparel for industrial safety applications — has acquired the Spentex? brand of flame-resistant (FR) safety apparel from Global Safety Labs (GSL) Inc. — a Tulsa-based manufacturer of ...
Tags: Textile, protective apparel
Momentive Specialty Chemicals Inc. recently signed a non-binding Memorandum of Understanding (MOU) with Kanoria Chemicals and Industries Limited to form a joint venture that would construct a new phenolic specialty resins plant in India at ...
Tags: Construction, Decoration, Resin
The Ninth China Steel Annual Conference was held on October 22th -25th at the Beijing Convention Center. Baosteel Group chairman Mr. Xu Le Jiang was invited to deliver a keynote speech of " green business model create green steel - ...
Tags: Green Steel, Metallurgy, Mineral
Foundering BlackBerry has given up for now on finding a buyer. Instead the smartphone company is seeking an infusion of cash from some investors, and shaking up its board and executive leadership. The company will also be getting a new ...
Tags: Computer Products, Blackberry
Solvay announces that it has successfully launched a hybrid bond issue worth 1.2 billion €, to further strengthen the Groups balance sheet. The hybrid bond issue is split across two perpetual tranches: A first tranche of 700 ...
Tags: Hybrid Bond Issue, Solvay
Olam Australia, the wholly owned subsidiary of Olam International Limited, has sold its Dirranbandi cotton gin in Queensland to Cubbie Ginnery Pty Ltd for A$20.0 million. Olam Australia’s Executive Director and Country Head Bob ...
Tags: Olam, Cotton Gin
A study by analyst IDC shows how companies are using the open source Hadoop big data analytics systems alongside other systems to get value out of their data. IDC’s “Trends in Enterprise Hadoop Deployments” report, ...
Tags: Hadoop, Big Data Analytics
Currently, Indian hot rolled coils (HRC) are quoted at US$635/ton ex. mill, keeping the same with the previous price. With the coming festival of Diwali, the transaction has fallen into a low level while the mills kept the base price flat. ...
Tags: HRC, Construction
Minerva, a Brazil-based producer of beef, has entered into an agreement with meat processor BRF to acquire latter's beef division Newco Diviso de Bovinos. Under the terms of the agreement, Minerva will acquire assets and slaughtering and ...
Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, has purchased Elsey & Associates, for an undisclosed sum. Set up in 1978, Elsey & Associates, a $4.5m revenue agency based in Spring, Texas, offers surety bonds and ...
Tags: Marsh&Mclennan, insurance
The Travelers Companies, a US-based P&C insurer has acquired The Dominion of Canada General Insurance Company from E-L Financial, to boost its business operations. The cash transaction was valued at nearly $1.1bn, subject to adjustment, ...
Tags: Insurance, E-L Financial
Boston Scientific, a manufacturer of medical devices, has completed the acquisition of Bard Electrophysiology, a division of C.R. Bard. The completion of this transaction enables Boston Scientific to provide a broader portfolio of EP ...
Tags: Boston Scientific, medical devices
Toll Holdings (Toll Group) has negotiated its second issuance of US Private Placement (USPP) notes for the equivalent of US$250 million, which is anticipated to be drawn down on 4 December 2013. Toll Group chief financial officer Grant ...