Bow Board members have unanimously recommended shareholders vote in favour of the offer, in the absence of a superior proposal and subject to an independent expert concluding that the offer is in the best interests of Bow shareholders. The ...
Shell originally sanctioned the project in October 2013 and announced in March 2015 that the project would be re-phased to take advantage of the market downturn to optimise design and retender certain contracts. After careful review of the ...
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Nestle has opened a new LKR500m ($3.4m) UHT milk plant in its Kurunegala factory in Sri Lanka to boost its production capacity. The new investment is said to help Nestle in expanding the production capacity for its dairy based products. ...
Tags: Nestle, UHT Milk Plant
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
ExxonMobil today asked a federal court to invalidate a subpoena issued by New York Attorney General Eric Schneiderman, calling investigations by New York and Massachusetts biased attempts to further a political agenda for financial gain. ...
Tags: ExxonMobil
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
ICYMI: Customer service managers “Go Yellow!”, a Walmart associate begins a role at the Pentagon, exclusive Star Wars merchandise arrives, we’re baking up sweet treats, and our latest training academy opens in San Antonio. ...
Tags: #FiveThingsFriday, Star Wars, sweet treats
#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...
On August 25, Liu Zhenya, Chairman of Global Energy Interconnection Development and Cooperation Organization (GEIDCO) and Chairman of China Electricity Council (CEC) held talks with Mongolian State Great Hural Chairman (Speaker) Enkhbold ...
Tags: Liu Zhenya, Enkhbold, Alden Bart
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
Chinese authorities will release the first batch of sugar reserves this year to stabilize supply and prices, the country's top economic planner announced on Friday. China will sell 350,000 tonnes of sugar from state reserve at 6,000 yuan ...
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB