According to a Monday report from Forbes, Brazilian mining giant Vale is planning to sell partial stakes in its steel, coal and fertilizer businesses in order to reduce costs and decrease capital spending. The steel stake up for grabs is ...
Tags: cost, metallurgy, CSA
US-based coal producer Alpha Natural Resources, Inc. has announced that it has entered into an agreement to exchange its 50 percent interest in its Alpha Shale Resources Joint Venture with the natural gas producer Rice Energy for $200 ...
Saudi Arabia-based Alkhabeer Capital has acquired majority stake in UAE-based corrugated and flexible packaging products provider Express Publishing and Investment (EPIL). With the transaction, the Saudi firm expects to expand value of ...
Tags: Packaging Firm, flexible packaging
Trio Resources, Inc. ("Trio" or the "Company") (OTCB is pleased to announce that it has finalized plans with geologist Joerg Kleinbock of JMK Exploration to begin exploration work at the Stairs gold mine. Mr. Kleinbock will bring his many ...
Tags: Metal News, Trio Resources, Gold Mine
As the EU begins to impose punitive tariffs on Friday on a number of Chinese solar exports, the world's largest solar market, which once fueled China's wild solar expansion, is now behind the industry's slim-down. The dust has finally ...
Tags: Metallurgy, Mineral, Energy, solar
Swiss food giant Nestlé has unveiled plans to sell its 10% stake in Swiss flavorings maker Givaudan in a deal worth over $1bn, as part of its efforts to focus more on its core food businesses. The company has launched the sale of ...
Liaoning Province-based Chinese steelmaker Bengang Steel Plates Co. (Bengang Steel Plates), a subsidiary of Benxi Iron and Steel (Group) Co. (Bengang Group), announced on December 3 that it plans to swap assets with its parent company ...
Tags: Bengang Steel Plates, steel, Metallurgy, swap assets, Benxi Iron and Steel
Emerson announced today it has signed an agreement to acquire SPX Corp.’s 44.5% minority interest in EGS Electrical Group, giving it 100% ownership of the business. Emerson and SPX have jointly held the business since 1997, with ...
DAVI Luxury Brand Group, Inc. ("DAVI" or the "Company") (OTC BB: MDAV) a prestige beauty products company, announced the recent launch of its new DAVI skincare product line in South Korea under the 10-year exclusive licensing agreement that ...
Tags: Light Industry, Daily Use
On November 29, the joint venture (Dongfeng Smith) of Chinese commercial vehicle manufacturer Dongfeng and German Smith completes the foundation-laying ceremony in Wuhan Economic and Technology Zone. The JV is another important step of ...
The Chernin Group, a media company run by former News Corp. Chief Operating Officer Peter Chernin, has taken a majority stake in Crunchyroll Inc., a provider of anime videos to mobile devices, game consoles and Internet-connected TVs. ...
Sumitomo Life Insurance of Japan has reached an agreement to acquire 40% stake in PT Bank Negara Indonesia's life insurance business for nearly JPY36.2bn ($354m). Sumitomo Life said in a statement that the partnership with BNI and BNI ...
Tags: Service
NIKE, Inc. revealed another step in the vision NIKE, Inc. President and CEO Mark Parker recently described at its Investor Meeting, as a "manufacturing revolution". NIKE, Inc. celebrated the opening of a waterfree dyeing facility ...
Tags: Nike, Waterfree Fabric, Taiwan
Chinese companies will be participating for the first time in TexFair 2013, the expo for textile machinery, accessories and spares, to be held in the southern Indian city of Coimbatore from December 13-16, 2013. The Chinese companies ...
Tags: textile machinery, textile spares
The online giant has attracted customers from big store chains like Wal-Mart and Best Buy with low prices and convenient shipping. Now, stores are fighting to get customers back during the busiest shopping period of the year. Story ...
Tags: Amazon, Consumer Electronics, B2B