Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
Engineering Vehicle Business Department of Foton Auto coordinates with the local government division in Yanqing County in Beijing to hold the distributing ceremony of Foton garbage vehicles for the local environment construction. 34 units ...
Automobile major Fiat Chrysler Automobiles (FCA) is on the verge of taking a final call on whether to divest its auto parts wing Magneti Marelli in the face of potential buyers expressing interest. Two private equity funds based out of ...
Tags: automobile manufacture, auto parts, FCA
Fujitsu, the leading Japanese information and communication technology (ICT) company, has released version 3 of Fujitsu Enterprise Application GLOVIA G2, production-management ERP for discrete manufacturing. With latest improvements , the ...
Tags: GLOVIA G2
German automobile major Audi braces for the exit of one of its prominent staff members heading engine development amid mounting competition from other automakers and its drive for electric cars. Stefan Knirsch, who was at the helm of ...
China Yuchai International ("China Yuchai" or the "Company"), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company ("GYMCL"), has won a competitive bid to supply over 600 National IV compliant diesel engines ...
Tags: China Yuchai, Yuchai Machinery
The Sunrise Ruby initially was slated to sell for between $12-$18 million but bidding soared to $30.3 million, shattering the existing ruby auction record held by the $8.6 million sale of the “Graff Ruby.” Geneva--A ring ...
Tags: diamond, Geneva ring
Year-over-year prices for finished steers remain high, but it looks like in general, cattle futures have peaked for the season, and that's likely to trim gains heading into summer. The cattle business has responded to supply-driven price ...
Tags: cattle futures, Agriculture
This four-strand pearl necklace was the second highest-grossing lot of the sale--topped only by a 5.29-carat purplish-pink diamond--and was the only lot to set a new world auction record. A four-strand natural colored pearl necklace ...
Tags: Pearl Necklace, Crafts
John Laurie speaks candidly about his company’s growth over the years. As with most companies that have grown, there have been some hard lessons to learn, but those have laid a strong foundation for the Jack Laurie Group, which at one ...
Bunge North America’s Cincinnati-based grain terminal was bought last week by local storage and logistics business Vogt Warehouse, stated Bunge. "We had already determined the Cincinnati location did not fit our long-term strategy ...
Tags: Bunge, grain terminal, Vogt Warehouse, grain
This year's Spring Festival will be the first time Wu Rongrong uses China's bullet train to return home. The 2,000 km trip from Beijing, where the 27-year-old works selling sporting goods, to her home city of Guilin in Guangxi Zhuang ...
Tags: Railways, bullet train
Egyptian cake and biscuit maker Bisco Misr's shareholders controlling 86% of shares have agreed to divest their shares to US-based food manufacturing company Kellogg, in a $125m deal. The Reuters reported that bidding for the biscuit ...
Tags: biscuits, wafers, corn flakes, Agriculture
According to CEPEA, cotton quotes have dropped significantly in the Brazilian market in 2014, especially after February and are lower than the government floor price since mid July. The CEPEA/ESALQ Index for cotton type 41-4 has dropped ...
Online auction closes tomorrow afternoon. An online auction selling the complete production line of outdoor toy firm Berg Toys is closing tomorrow. Troostwijk Auctions is selling the line as Berg Toys is relocating production to China. ...