New hydraulic fracturing rules being developed by the Obama administration will drive oil and gas development from federal lands, a panel of industry and state officials said in their prepared testimony to a House committee Wednesday. The ...
The UK Financial Services Authority (FSA) has imposed a fine of 30m against companies of the Prudential Group (Prudential) for failing to inform the market regulator at the time of its proposed acquisition of AIA, the Asian subsidiary of ...
Tags: Financial Services, FSA, Financial
Debt-laden food manufacturer Premier Foods is probably “a zombie company”, according to City analyst Panmure Gordon. Premier Foods is ‘probably a zombie company’, said City analyst Panmure Gordon Its executive ...
Tags: Premier Foods, food manufacturer, food
Olam International, a Singapore-based processor of agricultural products and food ingredients, has reported that its revenues increased by 9.2% to S$4.9bn ($3.95bn) for the second quarter of 2013, compared to S$4.48bn ($3.61bn) for the same ...
Tags: Olam International, agricultural products, food ingredients, revenues
KappAhl announced results for quarter one fiscal year 2012-13. Increased sales and strong gross margin – Women’s assortment back at a good sales level -Net sales increased by 4.4 per cent for the quarter. Of this, the ...
Tags: KappAhl, quarter one, fiscal year
Ridge Resources has raised over AUD 4 million through an underwritten rights issue, paving the way for the completion of the acquisition of Cardinal Resources. As part of the non-renounceable rights issue, Ridge offered three new ...
Tags: Ridge Resources, acquisition, Cardinal Resources, company news
By Sherif Salem. While attending an investment conference in Erbil in November, I was struck by a theme that came through in almost all my meetings with listed-company executives: a desire to engage with foreign companies. It seems as ...
Tags: Iraq, Iraqi Firms, Iraqi economy, Foreign Expertise
New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must ...
Tags: Coal, Copper, Diamond, Gold, Iron Ore, Nickel, Oil Sands, Potash, Rare Earth
The U.S. has removed China's Taobao sites from its "Notorious Markets" list of major offenders that support piracy and counterfeiting, citing their successful efforts to remove infringing goods from the sites. Taobao Marketplace and ...
Tags: Computer Products, Taobao, Notorious Markets, Alibaba
The Directors of Chinalco Yunnan Copper Resources Limited have pleasure outlining the path forward for the Company. CYU continues to maintain the full support of its major shareholder, Chinalco, which holds 43% of the issued shares ...
Tags: Chinalco Yunnan Copper Resources, mining, mining company, copper
Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
HSBC Insurance and HSBC Asia Pacific have agreed to dispose of their entire 15.57% shareholding in Ping An Insurance (Group) Company of China to Thailand's Charoen Pokphand (CP) group for HK$72.7bn ($9.38bn). Under terms of the deal, CP ...
Tags: HSBC, Ping An Insurance, insurance, dispose
China Knowledge reported that Wuhan Iron & Steel Co said that it plans to raise not more than CNY 15 billion through a rights issue. In a statement, the Shanghai-listed firm said it intends to issue no more than 4.2 billion A shares and ...
Tags: listed firm, rights issue, mineral resource, acquire
In 2012 Australian retail conditions continued to be difficult. Although the fundamentals of the Australian economy improved with growing GDP, declining interest rates and low levels of unemployment, consumer sentiment remained soft with ...
Tags: retail conditions, fundamentals, growing GDP, consumer sentiment
Sri Lanka's Keells Food Products is planning to buy meat processing firm D&W Foods for LKR700m ($5.24m) and upgrade manufacturing facilities. The acquisition includes D&W Foods' production facility at Makundara Industrial Estate West, ...