The boss of Ford’s European operations says it could take until the end of the decade for the continent’s new car market to recover. Ford of Europe CEO Stephen Odell told German newspaper Frankfurter Allgemeine Zeitung the ...
Tags: Car Market, Ford Boss
While NeoCon 2013, held recently at the Merchandise Mart in Chicago, saw only a slight increase in attendance—41,488 people this year compared to 40,947 at last year's event—the show was full of energy, optimism and crowded ...
Tags: Construction, Decoration
Esmark Inc. has announced management changes for its Esmark Steel Group subsidiary. As part of the management realignment, Esmark Inc. Chairman and CEO James P. Bouchard will reassume CEO duties of Esmark Steel Group. Esmark Inc. Chairman ...
Tags: Steel Group, Mineral
Microsoft CEO Steve Ballmer is to retire within 12 months, according to a statement just released by the company - "upon the completion of a process to choose his successor". In the meantime, "Ballmer will continue as CEO and will lead ...
Tags: Microsoft, Computer Products
It was usually quiet Friday morning at the Baoshan Cement Co., Ltd. factory in east China's Jiangxi Province. The factory's production lines were shut down after it was put on a list of companies designated by the Ministry of Industry and ...
Atlas Copco AB and Edwards Group Ltd. have entered into an agreement where Atlas Copco will acquire Edwards, a leading global supplier of vacuum and abatement solutions for an amount of up to BSEK 10.6 (?1.04 Billion). The company is ...
Trans-Lux ("Trans-Lux" or the "Company"), a leading supplier of Digital Displays and next generation LED lighting, reported financial results for the second quarter ended June 30, 2013 on August 14, 2013. Trans-Lux President and Chief ...
Researchers at the Berkeley National Laboratory of the Department of the U.S. Department of Energy (Berkeley Lab) have developed a new material that will make the smart windows more intelligent. This material, which is a thin layer of ...
Tags: smart windows, Construction, glass
Tempur Sealy International is restructuring its domestic sales functions in what it describes as a strategic move to drive growth and profitability. Beginning this month, the Tempur-Pedic and Sealy businesses will be managed under an ...
Tags: Light Industry, Daily Use
Carbon wheel maker Mad Fiber is planning to set up wheel production in Taiwan to serve the OEM market. The company has laid off seven employees at its Seattle, Washington, facility, but is continuing to manufacture wheels there for ...
Tags: Transportation, bike, Carbon wheel
Despite a continuing drive to lower the cost of IT services, about 75 percent of government IT budgets globally were reported as flat or increasing in 2013, said Gartner Tuesday when releasing findings of the Gartner Executive Programs 2013 ...
Tags: IT services
The State Council released a guideline to boost the country's energy-saving and environmental protection sector on August 1 and is expected to release preferential policies, according to a posting on the central government's website on ...
Tags: State Council, Energy-Saving
Wesfarmers Limited has announced a net profit after tax (NPAT) of $2,261 million for the full-year ended 30 June 2013, an increase of 6.3 per cent on the previous corresponding period. The group's retail businesses achieved solid growth ...
China-based Suntech Power Holdings, one of the world's largest solar companies, has announced that it has regained compliance with the New York Stock Exchange (NYSE) minimum share price listing requirement. Suntech revealed last week that ...
Tags: NYSE Suntech, Lighting
As a result of the restructuring announced on 6 August, the Finnish UPM-Kymmene aims to increase productivity and thereby achieve growth in concern profits of €400m. In the new structure, which is to become effective from 1 November, ...
Tags: Construction, Metallurgy, Mineral, Energy