Looking forward to address the unrelenting issue of gas and energy crisis hampering the textile industry, the All Pakistan Textile Mills Association (APTMA) has come out with short, medium and long-term solutions for addressing the issue. ...
Tags: Gas Crisis, Energy Crisis
Akzo Nobel N.V. reported a four percent decrease in revenues in the second quarter compared with the same period last year. The company reported that this was due to divestments and adverse currencies against a backdrop of continued ...
Tags: Akzonobel, Decorative Paints
ABB says it has completed its acquisition of Power-One Inc., a provider of renewable energy and of energy-efficient power conversion and power management solutions. “The acquisition of Power-One expands our renewables businesses and ...
UK-based GlaxoSmithKline (GSK) has postponed plans to increase its stake from 46.4% to 75% in GlaxoSmithKline Consumer Nigeria (GSK Nigeria), proposed under a scheme of arrangement. The minority shareholders considered the deal ...
Epicor Software Corp. and the Aftermarket Auto Parts Allliance (Alliance) have signed an agreement to collaborate on a variety of information technology services. Epicor has provided electronic catalog data, data warehouse services and a ...
Tags: Auto Parts
Amazon is offering to cover 95 percent of the cost of vocational training courses to help its warehouse staff pursue jobs in other careers,including many that Amazon does not offer,the company said Monday in a letter posted on its home ...
Tags: Amazon, fulfillment center, customer, vocational training
Russia-based Mechel has announced that it is selling its 100 percent stake in UK-based steel plant Invicta Merchant Bar and its debts to Mechel to privately-owned Helium Miracle 127 LLP for £1.1 million. Invicta Merchant Bar was ...
Tags: Steel Plant, Mechel
Cargotec strengthens MacGregor portfolio by acquiring Hatlapa Group Wednesday, Jul 17, 2013 Cargotec's MacGregor has entered into an agreement to acquire privately owned Hatlapa Group, merchant ship and offshore deck equipment provider, for ...
Tags: Transportation, Service
One of the biggest challenges facing the IT industry is determining how to boost the number of skilled cyber security professionals in order to combat an epidemic of cyber crime. That's according to Jon Ramsey, CTO of Dell SecureWorks, the ...
Tags: Security Skills, DELL, Computer Products, IT
Australia-based organic poultry business Inglewood Farms has entered into administration after the company's directors announced their intention to resign after shareholders indicated that they would not provide funding to continue ...
Tags: Organic Poultry, PPB
Finsbury Food Group is stepping up investment in its core UK bakery division as it slashes debt and announces strong profits in an annual pre-close financial statement. Duffy: sale of 'free-from' business has proven 'hugely beneficial ...
Tags: Marvel, morning goods, Finsbury, free from, Thorntons, Disney, cake, bread
Seadrill Limited ("Seadrill" or "the Company") has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project ...
Tags: Transportation, Service
US telecommunications giant AT&T has agreed to acquire Leap Wireless for $15 per share in cash, valuing the prepaid mobile operator at about $1.2bn (£800m). The move comes amid continued consolidation and restructuring in the ...
Tags: 4G, Computer Products
An investor who purchased shares of LED chip and component maker SemiLEDs Corp has filed a lawsuit in the US District Court for the Southern District of New York over alleged violations of Federal Securities Laws by SemiLEDs in connection ...
Furniture Brands International said it was notified last week by the New York Stock Exchange that it had fallen below the exchange's market capitalization requirements and could be delisted. The company said it was told by the NYSE that ...