LONDON, Dec. 3, 2013 /PRNewswire/ -- Fifty-five percent of private equity (PE) executives cite the growing capital requirements of the oil and gas industry as the foremost driver of their investment activity in the industry, according to a ...
Tags: the oil and gas industry, private equity, major capital investment
Microsoft is to invest €170m (£141m) to expand its Europe, Middle East and Africa (EMEA) data centre in Dublin, Ireland. The expansion is scheduled to be completed by spring 2014, and will create 380 construction jobs and 20 ...
Eastman Chemical Company announced a global price increase for automotive grade polyvinyl butyral (PVB) interlayers effective January 1, 2014 or as contracts allow. Price increase announcements for Saflex automotive PVB grades on a square ...
Tags: Construction, Decoration
Israel-based Smart Medical Systems has announced a strategic pan-European alliance with Pentax Medical to commercialize Smart Medical Systems’ G-EYE endoscope in Europe, the Middle-East and Africa (EMEA). The G-EYE endoscope ...
Cisco Systems’s third annual Global Cloud Index forecasts that global cloud traffic will more than quadruple, from 1.2 zettabytes in 2012 to 5.3 ZB in 2017. That works out to about 443 exabytes a month, or about 476 billion GB. ...
Tags: Cisco Systems, Cloud Computing, Forecast
BT has announced a new phase of investments into the economies of the Middle East, Africa, Turkey, and Asia Pacific. BT hopes that by launching more competitive capabilities across a larger number of countries and delivering a ...
Tags: BT, Middle East Investment, Optimistic
Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, recently announced the winners of the Epicor Global Channel Partner Awards at the annual Epicor ...
FRAM Industrial brand will market industrial and gas turbine filters into Europe, Middle East and Africa. Champion Laboratories (Europe) has announced the launch of the new FRAM Industrial brand which has been created to further increase ...
Tags: FRAM, New Brand, Air Filtration Product, Increase Penetration
Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
Polycom has released survey results which show that video-conferencing is on the rise, and the Middle East's main use of it is powered by flexibility. In conjunction with Redshift Research, the survey of 1,205 business decision makers ...
China is expanding its scope in looking for energy resources in foreign assets, participating actively in the international oil and gas market to ensure the domestic supply is driven by economic growth. China Petroleum and Chemical Corp, ...
Tags: Gas Sources, Oil Sources
Smartphone subscriptions will triple and smartphone traffic will increase by a factor of 10 between the end of this year and 2019. By that time about two-thirds of the world’s population will be covered by LTE, according to a report ...
Tags: smartphone, sale, triple, 2019, driver
Outokumpu announced its turnover for the third quarter of 2013 with a loss of €239 million lower than the second-qaurter loss around €250 million. The company indicated the stainless steel demand will not be improved in the rest ...
Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers, has announced that in the first nine months of 2013 it has maintained stable sales volumes, though with a consolidated sales value of €2.42 ...
Tags: Bekaert, Latin American Demand
Global pipe and tube producer Tenaris S.A. has announced its financial results for the third quarter and the first nine months of 2013, reporting a net profit of $314 million in the third quarter, down 28 percent year on year. During the ...