NRG Energy said Monday that it would add the ability to burn natural gas at two of its power plants located within the PJM Interconnection and expects to announce plans to add gas-fired capability at many more plants. The company will add ...
Tags: Gas Capability, Chemicals
Wanda Hotels & Resorts, the hotel management unit of Chinese conglomerate Wanda Group, expects to become the biggest five-star hotel investor in the world in 2015. Bao Bo, vice president of it, said in an interview on June 13 that it was ...
Tags: Wanda Group, 5-Star Hotel
Green packaging manufacturer Cascades has acquired 9% stake in Italian recycled boxboard producer Reno De Medici from Industria e Innovazione. The Canadian firm now owns 217,474,385 common shares of Reno De Medici or 57.6% of the ...
Tags: Green packaging, Cascades
3-D printer company Stratasys is acquiring desktop 3-D printer maker MakerBot for over $400 million in an all-stock deal, to shore up its consumer presence. Privately-held MakerBot has sold more than 22,000 3-D printers since it was ...
Tags: 3-D Printer, Stratasys, MakerBot
Petrobras, in compliance with the provision in the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or CVM) Rule No. 358, of January 3, 2002, announces that its Board of Directors approved the ...
US-based food production and distribution company Del Monte is considering the sale of its canned food business as part of the plan to focus on pet food business. The canned food division manufactures canned vegetables, fruit cups and ...
Tags: Agriculture, Food
According to the report from Taiwan Central News Agency, research institutes forecast that the global demand for LED commercial lighting (including office, retail store, hotel, etc.) in 2013 will reach $ 1.059 billion, a substantial ...
The proposed merger of UK-based soft drink giants AG Barr and Britvic has received provisional clearance from the Competition Commission (CC) of the UK. The commission reviewed the context of the potential transaction and said that the ...
Tags: soft drink, Food
Taiwan-based green energy firm Delta Electronics held a shareholders meeting on June 7, 2013, during which it decided to deal out 2012 cash dividend of NT$5.3 (US$0.18) per share. Delta reported 2012 consolidated revenues around ...
Tags: LED lighting, Light, taiwan
SoftBank has sweetened its bid for Sprint Nextel, increasing its total offer to about US$21.6 billion and boosting the amount of cash Sprint shareholders would get. The Japanese service provider and Sprint announced the amended deal late ...
Tags: SoftBank, Sprint Nextel
According to the data from the World Steel Association, Korea's largest steelmaker Posco ranked as world's fifth largest crude steelmaker in 2012, down from the fourth in 2011. ArcelorMittal remains the top one of crude steelmaker as it ...
Tags: Metallurgy, Mineral, Energy, steel, Crude Steel
Berkshire Hathaway and 3G Capital have completed the previously announced $28bn acquisition of American food company HJ Heinz. The consortium had entered into an agreement on 14 February to acquire Heinz for $28bn, including the ...
Tags: 3G Capital, HJ Heinz
UK-based Burton’s Biscuit is investing £4.6m at its facility in Llantarnam, south Wales to boost production and support new product development, a move which safeguards 800 jobs at the facility. The new investment is part of ...
Tags: Biscuit, Agriculture
A defiant Edward Snowden resurfaced in Hong Kong today vowing to fight any U.S. efforts to extradite him on charges that he leaked classified documents describing two secret government data collection programs. In comments to the South ...
Tags: NSA, Classified Data, Edward Snowden
The percentage of IT employees interested in getting a new job is rising, even as they lose confidence in the economic outlook, new survey data shows. Randstad Technologies, a staffing and recruiting firm, found that 46% of technology ...
Tags: Computer Products, IT, job