Microsoft today said that it will close the $7.2 billion acquisition of Nokia's handset business on Friday, about eight months after revealing the deal. Microsoft announced the acquisition of Nokia's devices arm?- and an associated patent ...
Tags: Computer Products, Microsoft, Nokia
Indian automaker Mahindra & Mahindra (M&M) is set to establish a new car producing plant in Tamil Nadu with investments of INR40bn ($662.96m). The new facility, which will represent the company's seventh automotive plant, is expected to ...
Tags: car producing, automaker, Mahindra&Mahindra
Chinese automobile manufacturer Great Wall Motors (GWM) has signed a strategic cooperation agreement with power management company Eaton over new vehicle technologies. As part of the deal, the companies will jointly work on technical ...
Tags: Great Wall Motors, automobile
Pakistan's federal cabinet has approved the construction of an LNG import terminal to be built in Karachi that would initially handle around 200,000 Mcf/d, an official of the ministry of petroleum said Friday. Elengy Terminal Pakistan ...
Tags: LNG Terminal, federal cabinet
Mannington Commercial is a finalist for the Georgia Manufacturer of the Year award. The award is part of a Manufacturing Appreciation Week developed by the Georgia Department of Economic Development and the Technical College System of ...
Tags: Construction, Decoration, floor, flooring
Russia has agreed to ship 23 million mt of crude to Belarus this year, a spokeswoman for the Russian Energy Ministry said Friday. Russia is planning to ship 21 million mt by pipeline and a further 2 million mt by rail this year, the ...
Tags: Crude, oil products
Venezuela's CVG-Bauxilum alumina sales totaled 64,126 mt in March, up 57% from 40,822 mt in March 2013, Bauxilum said Friday. March sales were also up 13% month on month from sales of 56,524 mt in February. Of March sales, 46,018 mt ...
Renewable energy company Lightsource has this month invested in a ground-mounted photovoltaic power plant, which boasts a capacity of 8.4MWp, approximately 40 miles from Bristol. The solar investor struck up a deal with ET Solutions AG, ...
Tags: Metallurgy, Mineral, Energy, Power Plant
Russian gas giant Gazprom has sent the first cargo with crude produced at the Prirazlomnoye offshore field -- the country's only Arctic offshore hydrocarbon project -- to the international market, the company said Friday. "ARCO, or Arctic ...
Tags: Gazprom, crude, Arctic Oil
New Zealand-based Turners & Growers has agreed to take over Apollo Apples, a Hawkes Bay-based apples grower and exporter with an initial payment of NZ$36.05m. Apollo, which exports about 1.4m cartons of apples every year, owns or leases ...
Tags: Turners&Growers, Apollo Apples
Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has signed a deal to buy Michael Foods from GS Capital Partners, Thomas H Lee Partners and others. Michael Foods supplies egg products, ...
Tags: Egg Distributor
Astomos Energy, Japan's top LPG supplier, said Wednesday it has concluded additional contracts with US' Enterprise Product Partners, including a deal to buy 500,000 mt/year of US LPG over 2019-21. Astomos will also increase its US LPG ...
Firm will now distribute a range of 3D puzzle vases in the UK. Paul Lamond Games has secured an exclusive deal with top puzzle and game brand, Pintoo, which will see it distribute a range of 3D puzzle vases in the UK. Pintoo - formerly ...
Tags: 3D puzzle vases, Paul Lamond
Google reported a 19 percent increase in revenue for the first quarter, but results from its advertising business were mixed. Revenue for the quarter ended March 31 was US$15.42 billion, Google?reported?Wednesday. That was a healthy jump ...
Tags: Computer Products, Google
The value of textile exports from Indonesia is likely to touch US$ 13.3 billion, which would be an increase of 5 percent year-on-year, due to economic recovery in the US, the country’s biggest market, Ade Sudrajat Usman, chairman of ...
Tags: Textile Exports, domestic market