Cree, a market leader in LED lighting, announced revenue of US $382 million for its fourth quarter of fiscal 2015, ended June 28, 2015. This represents a 12% decrease compared to revenue of $436 million reported for the fourth quarter of ...
Tags: Cree, LED lighting, Business Restructure
Everlight claims Nichia’s recent press release about its lawsuit against its German subsidiary WOFI was taken out of context, especially regarding the YAG patent lawsuit rulings. The press release issued through public relations ...
A local UK council has validated the application for a proposed IGas project to drill two exploratory wells in order to evaluate geology and assess potential shale gas recovery, IGas announced in a statement Friday. Nottinghamshire County ...
Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues
Analysts at the consultancy company IHS are predicting a 25 per cent rise in global demand for photovoltaics in 2015, with the emergence of the Indian market set to contribute strongly for the first time. “While 2014 remained a ...
Tags: PV Market, solar panels, solar PV
BASF has closed the previously announced transaction to divest its global paper hydrous kaolin (PHK) business to Imerys, a producer of mineral-based specialty solutions for industry, based in Paris, France. Under a tolling agreement of ...
Tags: BASF, kaolin products, paper hydrous kaolin
The Indonesian government has invited bids for three shale gas blocks -- Blora, onshore Central and East Java; Batu Ampar in East Kalimantan; and Central Bangkanai, onshore Central and East Kalimantan -- according to a statement on the ...
Tags: shale gas Blocks, Blora, natural gas
Despite foreign and domestic challenges facing the Chinese economy, including the recent turbulence in the stock market, former Australian prime minister Kevin Rudd has full confidence in the world's second-largest economy. "I think the ...
Tags: Chinese economy, stock market
It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
Scania has started selling its Euro 6 trucks powered by liquefied natural gas in the Netherlands, after having launched the vehicle in 2014. Liquefied natural gas (LNG), which is billed as the fuel having environmental benefits, is also ...
Tags: Euro 6 trucks, Scania, Liquefied natural gas
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
Castle Brands, a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the quarter ended June 30, 2015. Net sales increased 37.8% to $16.5 million for the first quarter of ...
Tags: spirits, Whiskey, Ginger Beer
Kenyan President Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni have agreed on a pipeline route for crude oil export. In a communiqué issued at the end of a three-day visit by the Kenyan President to the neighbouring ...
Tags: Crude Oil, Oil Pipeline
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar