China's economy is stabilizing, and if exports continue to see modest growth in the second half, then the pace of economic growth for the year is likely to be close to 7.5 percent, said a well known economist. Fan Gang, head of the ...
Tags: 2013 Growth
Accessory brand Knog said it has won an intellectual property fight in Australia against a Chinese factory. The litigation involved Knog's Australian patent on a silicone-strap LED headlight. Knog said the factory, which it did not name, ...
Tags: Transportation, bike
According to the latest financial report released by Hong Kong-based conglomerate CITIC Pacific, a diversified company with a primary focus on special steel manufacturing, iron ore mining, energy and property, in the first half of the ...
Tags: CITIC Pacific, Mineral
Pennsylvania-based multi-line insurance carrier Erie Insurance has deployed Symbility’s property and casualty claims workflow management software, Claims Connect, to streamline its claims estimating process. The software will assist ...
Tags: Erie Insurance
The US Patent and Trademark Office (USPTO) has issued a notice of allowance for Sangamo BioSciences’ patent application entitled ‘Novel DNA-binding Proteins and Uses Thereof.’ Claims cover the critical components of TALE ...
Property and casualty insurance provider American International Group (AIG) has named Kevin Hogan as new CEO of AIG Global Consumer Insurance, effective October 2013. Hogan, who earlier served the company for 24 years, will report to ...
Tags: Consumer Insurance
The Chinese Ministry of Commerce has approved the proposed acquisition of the Swedish dialysis equipment manufacturer Gambro by Baxter International for $4 bn. Under the terms of the conditional approval, the company is supposed to sell ...
Tags: Gambro Buyout, Baxter
A dozen Chinese rare earth companies have formed an industrial alliance to sue Japan’s Hitachi Metals for holding invalid patents and infringing patent rights of Chinese companies. The legal process could start in early September in ...
Tags: Hitachi Metals, Rare Earth
Government officials in Brazil have invited PacWest Equities Inc of Sacramento, CA, USA to bring its CIGS line of solar manufacturing equipment, acquired in a deal some analysts valued in excess of $55m, to Brazil to open a multi-product ...
Tags: Electrical, Electronics, service
US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co has purchased Bollinger, expanding its Northeastern operating platform and market presence in core businesses. The transaction will generate over ...
Tags: insurance
Plansee uses the creep-resistant tungsten material WVM to manufacture heaters for sapphire growth. These have more than twice the service life of conventional tungsten heaters. Sapphire growth takes place at high temperatures of ...
Tags: Doped Tungsten, Lighting
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter and the first nine months ended June 30 of the financial year 2012-13. For the third quarter, ThyssenKrupp registered a net loss of €238 ...
Tags: Thyssenkrupp, Steel Plants
Allied World Assurance Holdings (Ireland) has reached an agreement with Gravity Underwriting (Gravity), to acquire its 21.2% stake, for an undisclosed sum. As per terms of the strategic alliance, Gravity will assist in business ...
Insurance technology provider Applied Systems has purchased UK-based Insurecom, for an undisclosed sum, with a strategy to boost its UK footprint. The acquired, which will operate as Applied Systems UK, had been serving as a business ...
Tags: Applied Systems, UK Operations
New York Central Mutual Insurance (NYCM) has formed a partnership with flood insurance provider Wright Flood to provide federal flood insurance for its policyholders. Under the partnership, Wright Flood will write and renew all new flood ...
Tags: Wright Flood