BUILDING products company CSR is cutting 150 jobs from its glass business in response to the high Australian dollar and low construction activity. CSR will close its glass manufacturing facility at Ingleburn, in Sydney's south west, in ...
Tags: CSR, glass business, jobs
Motorola Mobility is cutting 1,200 jobs, in addition to a reduction of 4,000 jobs it announced in August, to focus on high-end devices. "These cuts are a continuation of the reductions we announced last summer," said Motorola spokeswoman ...
Tags: Motorola Mobility, high-end device, Google
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the full year 2012. In 2012, Kardemir posted a net profit of TRY 194.25 million ($107.8 ...
Tags: long steel producer, long steel, Kardemir
Canadian auto parts manufacturer Linamar announced recently, the company’s fourth quarter sales grew 5.4% year on year this year, reached US$760mn. The company’s total sales reached US$3.22bn last year, up 12.6% compared to ...
Tags: Linamar, net profit, 2012
361 Degrees International Limited, one of the leading sports brand enterprises in China, announces its results for the year ended 31 December 2012. In yet under difficult year for the industry, the Group recorded a net profit of RMB707.2 ...
Tags: 361 Degrees, sports bran, 2013
Asus said on Tuesday that its net profit rose 21% year-on-year in 2012, the reason was driven by the tablet computer sales growth, while non operating profit also increased. Asus said that the net profit was NT 5.89 billion yuan (about ...
Tags: Asus, tablet computer, sales
Recently, Russian steel pipe maker TMK announced its financial result for 2012. TMK posted a net profit of US$282 million for 2012, falling by 27% year on year. In 2012, the company realized sales revenues of US$6.688 million, ...
Tags: steel pipe maker, steel pipe, TMK
Duisburg, Germany-based steel and metal distribution company, Klockner & Co., has reported a net loss of €198 million for 2012, including €77 million in restructuring expenditure and €55 million in impairments. The company ...
Mexican ferroalloys producer Companía Minera Autlán reported an accumulated net sales growth of 2 percent in 2012 compared to 2011, reaching 3.855 billion pesos (US$302 million). According its annual report to Bolsa Mexicana ...
Tags: Minor Sales, Minera Autlan, Metallurgy
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
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Australian coal producer Xstrata has issued its financial results for 2012, which has been a transformational year for the company with 10 major projects commissioned. In 2012, Xstrata registered a net profit of $1.18 billion, decreasing ...
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In February this year, Pangang Baima Mining, a subsidiary of Sichuan Province-based Chinese steelmaker Panzhihua Iron and Steel Group (Pangang Group), produced 363,099 mt of iron ore concentrate, equivalent to 104 percent of the target ...
According to its financial results for 2012 in line with international financial reporting standards (IFRS), Russian pipemaker TMK saw its net profit fall by 27 percent year on year to $282 million in the given year. In 2012, the company's ...
Tags: TMK, net profit, pipemaker
Despite a clear market slowdown in Europe, Georg Fischer generated a turnover of CHF 3.6 billion in 2012, 3 percent above the 2011 figure. On a like-for-like basis, sales reached the same level as in 2011. All three divisions both ...
Tags: Georg Fischer, turnover, sales in Asia
Touch-based Windows 8 notebooks have been selling well for Taiwanese PC maker Asus, but overall Microsoft’s new operating system has yet to find a major following, the company said. “I think the acceptance of Windows 8 in Q4 ...
Tags: Windows 8, Sluggish, Healthy Touch Notebook