While Germans can pay each other with Bitcoins, companies need permission from the authorities to use the virtual currency. The German Federal Ministry of Finance said on Monday that Bitcoin is not a full-fledged currency but that it is ...
Tags: Computer Products
Unix, the core server operating system in enterprise networks for decades, now finds itself in a slow, inexorable decline. IDC predicts that Unix server revenue will slide from $10.2 billion in 2012 to $8.7 billion in 2017, and Gartner sees ...
Tags: UNIX, Computer Products, software
Lack of consumer spending power is forcing retailers to maintain high levels of promotional activity against their own preferences, according to Marnie Millard, md of soft drinks firm Nichols. Vimto is one of Nichols' core brands ...
Tags: soft drinks, Agriculture, Food
Colfax Corporation announced that Farand Pawlak has been named Director,Investor Relations effective immediately, reporting to Scott Brannan, SVP and CFO of Colfax. In this role Farand will be responsible for all IR initiatives including ...
Chinese export growth of manufactures, which went from a very high 19% in the first quarter of 2013 before decelerating to 3% in the second quarter, raises a number of intriguing questions, according to an analysis from the Manufacturers ...
Tags: export growth, economy
Two technological conferences themed “German technology meets Indian textiles” will be held on 3rd December in Mumbai (Hotel Vivanta by Taj- President) and on 5th December 2013 in Coimbatore (Hotel Le Meridian), organized by the ...
Tags: Textile Machinery
SEL Manufacturing Company Limited, a Ludhiana based integrated textile conglomerate, has registered a turnover of Rs. 1381.58 crore during the quarter ended 30th June, 2013 as against Rs. 634.76 crore in the corresponding quarter last year, ...
Tags: integrated textile, SEL Textiles
IDC expects that China's IT security appliance market will grow 14.7% to US$950 million in 2013; and this figure will reach US$1.56 billion by 2017, with a 2012-2017 CAGR of 13.5%. According to IDC, China's IT security appliance market ...
According to statistics released by Japan's Ministry of Finance, in first half of 2013 Japan's scrap exports amounted to 4.76 million mt, increasing 16.8 percent compared to the same period of the previous year. Meanwhile, Japan's ferrous ...
Tags: Scrap Exports, Mineral
Silgan Holdings, a US-based supplier of rigid packaging for shelf-stable food and other consumer goods products, has agreed to acquire Portola Packaging, a manufacturer of plastic closures, for $266m. Portola Packaging operates eight ...
Tags: Silgan, Plastic Closures
Nampak Glass has bolstered its leadership team with the appointment of several senior people. Fanie Vermeulen is Operations Director. He has been bottling and filling for more than 30 years. Sales director, Paul Coombe, has 23 years of ...
Tags: Glass, Construction
According to the statistics released by the Taiwanese Ministry of Finance, in July this year Taiwan's export value of iron and steel and articles made from iron and steel amounted to $1.45 billion, decreasing by 6.4 percent compared to the ...
Tags: Steel Export, Mineral
Insurance Board of Nepal (IB) and the German Development Cooperation (GDC) have partnered to enhance micro-insurance in the country with the support of government agencies and financial service institutions. IB and GIZ RFPI Asia, a German ...
Tags: GDC Partner, IB
Four years after its implementation, the Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the U.S. market, as intended, reports the U.S. ...
Tags: Apparel Exports
J. C. Penney Company, Inc. announced a series of actions related to its Board of Directors. First, William A. Ackman of Pershing Square Capital Management has resigned from the Board effective Aug. 12, 2013. The Company also announced ...
Tags: Retail Industry