Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
Thrace Plastics Group posted an increase in turnover and earnings during the first half of the current financial year compared to the same period of 2015. The purpose of the current release is to present the Group’s financial ...
The Korean Agency for Technology and Standards has ordered Samsung and its battery suppliers to X-ray batteries in Note 7 handsets following a global recall of the phones. As reported by the Wall Street Journal, the South Korean firm has ...
Tags: Samsung, global recall, X-ray batteries
The LIGHTFAIR® International (LFI®) Conference, which offers hundreds of hours of education in a highly diverse curriculum, begins its run to opening day 2017 with the Call for Speakers launching August 8. This global invitation ...
ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
Reports over the weekend have detailed a strange hissing phenomenon as pertains to the newly released Apple iPhone 7 and iPhone 7 Plus handsets. First spotted and recorded by Stephen Hackett of 512 Pixels, the handset appears to hiss like ...
Tags: iPhone 7, Stephen Hackett
United Natural Foods has reported financial results for the fourth fiscal quarter and fiscal year ended 30 July 30, 2016. Fourth Quarter and Full Year Fiscal 2016 Highlights Net sales for the fourth quarter of fiscal 2016 increased 7.4% ...
The Furniture Makers’ Company, the furnishing industry’s charity and a City of London livery company, has welcomed four new freemen. Master Ben Burbidge admitted the new freemen to the Company at an admissions ceremony on ...
Mitsubishi Heavy Industries Machine Tool Co Ltd of Ritto City, Shiga, Japan (founded in October 2015), a group company of Tokyo-based machinery maker Mitsubishi Heavy Industries Ltd (MHI), has agreed with D-process Inc of Yamato, Kanagawa, ...
Tags: Mitsubishi Heavy Industries, D-process, room-temperature wafer bonding
Gallium arsenide (GaAs) IC foundry Advanced Wireless Semiconductor Company (AWSC) of Tainan Science-based Industrial Park, Taiwan has announced plans to repurchase five million shares (3.56% of its outstanding stock) at between NT$36 ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
Citroen has revealed CXPERIENCE concept car, a month ahead of Paris Motor Show. It demonstrates the brand's capacity to deploy its "Be Different, Feel Good" promise in the large saloon segment. With its distinctive body style, this new ...
The Free and Hanseatic City of Hamburg and the Volkswagen Group will collaborate over the next three years to jointly develop innovative solutions for making urban mobility more environmentally-friendly, safer, more reliable and more ...
Tags: Hamburg, Volkswagen, partnership
Vetropack Group significantly enhanced its revenue in the first half of 2016. Vetropack Italia, a member of the Group since early August 2015, making a major contribution of over 10%. Net sales from goods and services amounted to CHF ...