Daraz.pk, Pakistan's largest online retail shopping store has expanded its services making ordering and delivery as easy for overseas customers as it has done for Pakistanis since July 2012. Having partnered with DHL, Daraz Pakistan can ...
Tags: Apparel
Zimmer, US-based orthopaedic reconstructive maker, has acquired Normed Medizin-Technik, a German-based company, for an undisclosed sum. Normed Medizin-Technik develops screws and instruments, including systems for bone reconstruction and ...
Tags: Zimmer, Medizin-Technik
German-based Bayer has bought majority stake in Conceptus, a birth control manufacturer, and expects the purchase of the entire Californian firm for $1.1bn to close soon. According to Bayer, over 96% of the company's outstanding shares ...
Tags: birth control, Bayer
German automobile manufacturer Mercedes-Benz has reported a 7.3% increase in its May 2013 sales to 121,360 units, compared to the corresponding period of 2012. The company had sold about 70,000 units of the vehicles called as 'dream ...
Tags: Vehicle, Mercedes-Benz
Gazprom is conducting a new round of gas talks with a number of its key European clients, including Italy's Eni and France's GDF, to revise down prices under long-term oil-indexed contracts, deputy CEO Alexander Medvedev said Tuesday, ...
The investment firm Mutares sold the veneer converter HIB-Trim Parts to its competitor NBHX. The sale took effect retroactively to 1 January. The German Federal Cartel Office approved the merger on 16 May and the sale closed on 28 May. Both ...
Tags: Construction, Decoration
The new Mercedes-Benz A-Class has been recalled in Australia due to a manufacturing fault that could restrict the effectiveness of the passenger airbag. According to the official recall notice on the Australian Competition and Consumer ...
Tags: Mercedes-Benz, A-Class, Dashboard Defect
Porsche’s former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen. Bloomberg reports Holger Haerter was convicted ...
Tags: Porsche, Fraud, Volkswagen Bid
Jürgen Zeschky, CEO of wind turbine equipment maker Nordex, said in general generalholders meeting that Nordex's sales of this year was expected to increase by 10%-20%, reaching euro1.2-1.3 billion. EBIT margin was expected to reach 2% ...
Tags: wind turbine, Nordex
Bizerba, a German company has developed the new Plug-in Label function, which is an interaction between price labeller and thermo label. The function allows food producers to raise production efficiency. Set for launch in autumn 2013, the ...
Tags: Bizerba, Label Function
Sealed Air has introduced a new protective packaging solution, the PakNatural Biodegradable Cushion Bag for cushioning and void-fill shipping applications. Expected to meet sustainability requirements for performance and environmental ...
Tags: protective packaging, Sealed Air
German sports car manufacturer Porsche has unveiled the limited edition 911 sports coupe, prior to its global debut at the upcoming International Motor Show (IAA) in Frankfurt, which would commence from 12 September 2013. Based on the ...
German media operator Bertelsmann and English publishing and education service provider Pearson (NYSE: PSO) last Friday declared that merger between Random House affiliated to Bertelsmann and Penguin Group under Pearson has gotten approval ...
The German building-industry associations ZDB forecasts year-on-year growth in turnover of 2% to €94.49bn for 2013 in the German building industry. Growth of 3.5% to €33.55bn is being reckoned with in residential building, while ...
Tags: Building Industry, Construction
The European Commission (EC) announced on June 4 a punitive tariff rate of 11.8% on China-made solar panels and main components such as solar cells and wafers, according to The Wall Street Journal. The tariff rate is lower than expected ...