In the first nine months of 2013, the order intake grew by 1.8% to CHF 3.0 billion. This level was reached despite a slow start to the year in some businesses, in particular, in the water market and in electromechanical services. For the ...
The Freudenberg Group is further expanding its strategic global network, adding to the existing offices in China and the USA. The two Regional Corporate Centers in India and Brazil were opened in June and July. The first began operating ...
Tags: Freudenberg Group, Apparel
ShriVallabh Pittie Group — an India-based industrial group with textile, finance, real estate, retail and jewelry businesses — is investing $70 million to build a yarn manufacturing plant near Sylvania, Ga., and hire 250 ...
Tags: Textile
Preliminary Accounting Results of GDP for the First Three Quarters of 2013 National Bureau of Statistics of China According to the related information, the preliminary accounting results of GDP for the first three quarters of 2013 are as ...
Chalco Hong Kong Ltd, has agreed to sell its equity stake in Chalco Iron Ore Holding to Chinalco Overseas Holdings to ease funding pressure from the joint venture Simandou iron ore project in Guinea, Chalco said in a filing to the Hong Kong ...
Tags: Iron Ore Project, Chalco
Canterbury District Health Board has settled its quake-related insurance claim and will receive the full amount available under its policy of $320 million. Bruce Matheson, CDHB chair, said it was a relief to have the claim settled. "It is ...
Tags: United Effort, Insurance Payout
Karro Food, a UK-based pork processor, has ceased its slaughter and butchery operations at its Wiveliscombe site in Somerset, putting 93 jobs at risk. The move follows an extensive review of the company's operations with staff and trade ...
Tags: Karro Food, pork processor
The International Labour Organization (ILO) and the Government of Bangladesh will launch a new programme to improve working conditions in the ready-made garment (RMG) sector in Bangladesh, on Tuesday 22 October in Dhaka. The ...
Tags: garment sector, ILO
The global economic recovery to promote the earnings growth of American General Electric Group. In the third quarter of 2013, the profit of 6 GE departments have growth and also won the biggest order in history, worth $229 billion. On the ...
Tags: GE, GM, Electrical, Electronics
Major Chinese steelmaker Hebei Iron and Steel Group announced that its subsidiary Hebei-based Wuyang Iron and Steel Co., Ltd (Wuyang Steel) will supply 3,000 mt of steel plate for the construction of the Guangzhou East Tower. The ...
Tags: Steel, Metallurgy, Mineral, Energy
Wonga, the much-criticised payday loan provider, is branching out into payments with the acquisition of Germany's BillPay for an undisclosed sum. The move will pit Wonga directly against PayPal, the eBay-owned giant of online payments. It ...
Tags: Service
The UK government is to allow Chinese nuclear companies to take stakes in new reactors to be built in the UK, finance minister George Osborne said Thursday on a visit to the Taishan nuclear power site in southern China. Reporting on ...
Tags: Nuclear, Metallurgy, Mineral, Energy
In the three months ended 30 September 2013 Diageo delivered 3.1% organic net sales growth with volume up 0.6%. Reported net sales were flat for the quarter mainly reflecting the termination of the distribution agreement for Jose Cuervo. ...
Tags: Management Statement, Food
According to statistics released by Japan's Ministry of Finance, the country's stainless steel output totaled 232,161 tons in August, down by 3% from a month ago and falling by 2.9% year on year. Among them, 124,172 tons were chrome-based ...
Tags: Stainless Steel, Construction, steel
South Africa's electricity provider Eskom has signed a loan agreement of more than 100 million U. S. dollars to build a 100 MW solar power plant, the state-run company said on Wednesday. In a statement released in Johannesburg, Eskom ...
Tags: Metallurgy, Mineral, Energy, Clean Energy, solar power plant