Despite what he sees as shortcomings of Microsoft’s real-time communications platform, Lync, businesses will see value to some of its features, and supplement those with products from Avaya, says Avaya CEO Kevin Kennedy. “Are ...
China is tipped to produce more cars than Europe for the first time ever in 2013 as the Asian powerhouse continues to boom and the traditional home of the automobile struggles through continuing economic hardship. The Financial Times ...
Tags: Cars, automobile, vehicles
The news that Frank Martin is to retire from his role as Hornby chief executive was made to the city this morning, as the company also outlined a senior team restructure below board level. Martin (pictured) has held the position of chief ...
Tags: Frank Martin, Chief Executive
Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of its ...
Tags: solar glass division, solar glass, glass
Reflecting the European auto glass business constriction company officials have been highlighting for some time, Paris-based Saint-Gobain announced plans to close a Belgium-based windscreen factory this week, impacting 263 jobs. Auto sales, ...
Tags: Windscreen, Auto Glass, Glass
TELECOM Corporation of New Zealand expects to incur one-off restructuring costs of between $NZ70 million ($58.6m) and $NZ80m this year in relation to the reduction of its local and Australian Gen-i operations, the company said in a ...
Over the past two weeks, glass manufacturing workers at CSR Viridian’s plants in Sydney and Melbourne have spoken to World S ocialist W eb S ite correspondents about the closure and merger of facilities that will cost more than 200 ...
Tags: CSR glass, glass, glass industry
Nestlé has recalled four Kit Kat Chunky products and an Easter egg after consumers found pieces of plastic in the product. The affected lines include Kit Kat Chunky collection Easter egg, Kit Kat Chunky Hazelnut, Kit Kat Chunky Choc ...
A company which works with some of the largest retailers and electrical distributors in the world supplying private label and branded compact fluorescent, halogen and LED lamps has moved its European headquarters to Corby in the UK, further ...
Tags: lighting stage, lighting, LED lamps
A deal that would have made electronics giant Foxconn a major shareholder in Japan display maker Sharp has fallen apart, though the companies remain close partners in the complex global electronics supply chain. Foxconn's Hon Hai ...
Tags: Foxconn Deal, Computer Products, Shareholder
Taiwan-based tier-two LED firms Top Energy Saving System (TESS) and Lumitek have both announced the voluntary delisting of their common stocks from the emerging stock maket in Taiwan. TESS was established in October 2007 and has been ...
Tags: LED firms, LED, LED lighting
Case goods manufacturer Henkel Harris could resume production in April, following a purchase of its assets by a local limited liability company called A.G. Capital. A.G. Capital is owned by the Gum family, which owns National Fruit Co. ...
Tags: Henkel Harris, Furniture, company news
THE Australian dollar rose to a two-month high on the back of news of a bailout deal to support banks in Cyprus and its embattled government. The bailout will consist of US$10 billion in financing for the government and require the ...
Tags: ceonomy, Australian dollar
US-based food company General Mills has reported that its net earnings increased 1.8% to $398.4m for the third quarter of 2013, compared to $391.5m for the same period in 2012. The modest growth in profit was due to one-time charges and ...
Tags: food company, food, Bakeries
China-based Suntech Power Holdings announced the insolvency of its China subsidiary, Wuxi Suntech. Industry sources noted that Suntech executives will arrive in Taiwan next week to meet with strategic partners. Taiwan-based solar firms ...
Tags: Suntech, solar firms, solar