Automobile manufacturer General Motors (GM) has recalled 2.7 million vehicles under five different safety recalls across the US. The recalls include 2,440,524 units of previous generation passenger cars, 111,889 Chevrolet Corvettes, ...
Russian mining and steel group Mechel has announced its financial results for 2013. In the given period, Mechel saw an adjusted net loss of $734 million compared to a net profit of $305 million in 2012, while its sales revenues decreased by ...
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
Europe's largest coking coal producer Poland-based Jastrzebska Spolka Weglowa SA (JSW) has announced its financial results for the first quarter, reporting a net loss of PLN 88.5 million ($28.9 million), compared to a net profit of PLN ...
Tags: coal output, JSW
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first quarter this year, reporting a net loss of €27 million, down from a net loss of €81 million in the corresponding quarter of ...
Tags: coal output, coking coal
US recycler Metalico expects domestic ferrous scrap pricing to remain under pressure until the American scrap export market improves, it said Thursday. First-quarter US scrap exports were at an eight-year low, leading domestic exporters ...
Tags: Steel Scrap, ferrous scrap
If TPG Capital LP decides to take American Tire Distributors Holdings Inc. public, it might recoup its initial investment and more. Recent acquisitions, however, will make an initial public offering (IPO) less profitable. The private ...
Tags: Tire, Tyre, Auto Parts
Japan's leading electronics makers are falling into two groups. Some companies, including Hitachi and Panasonic, have recovered from the industry slump triggered by the global recession that started in 2008 and exacerbated by the 2011 ...
Tags: Electrical, Electronics, Sony
Tokyo-based Mitsubishi Electric Corp has started shipping samples of new 1200V hybrid silicon carbide (SiC) power semiconductor modules for high-frequency switching applications. Featuring SiC diodes, the modules achieve high efficiency, ...
Tags: Mitsubishi Electric, SiC power modules, High-Frequency Switching
The business is located in Leicester and has a Ugandan subsidiary. It specialises in the manufacture of packaging, packaging machinery and contract packing for the food sector. In 2013 Khalid was awarded the "Pearl of Africa Lifetime ...
Tags: Packaging, Printing, Food Packaging
Cree Inc of Durham, NC, USA says that its silicon carbide (SiC) technology continues to enable smaller, lighter, more efficient and lower-cost power systems with a new all-SiC 300A, 1.2kV half-bridge module. Packaged in an industry-standard ...
Tags: Electrical, Electronics, Module
Automotive parts supplier Commercial Vehicle Group is reportedly planning to close its Tigard plant in Oregon, US and eliminate about 89 jobs. The facility is scheduled to be closed by 9 July 2014. It was used to manufacture interior trim ...
The Spanish textile industry, including apparel, leather and footwear created 3,047 new jobs during the month of April, 2014, as per the membership in employment data of the Seguridad Social (Social Security) of Spain, modaes.es reports. ...
Tags: Textile Industry, apparel
Kate Spade & Company announced results for the first quarter of 2014. For the first quarter of 2014 on a GAAP basis, loss from continuing operations, which includes the continuing operations of the Juicy Couture Brand and excludes Lucky ...
Tags: Kate Spade&Company
Solar wafer maker Gigastorage generated gross margin of 13.99% and net operating profit of NT$260 million (US$8.6 million) for the first quarter, while fellow maker Sino-American Silicon Products (SAS) still suffered negative gross margin ...
Tags: Solar wafer, Gigastorage