No relief is expected for the ailing garment and textile enterprises of Vietnam in the coming months,and difficulties faced are mainly due to restricted or no access to capital and dearth of export orders,industry circles said during a ...
Tags: export orders, capital, garment firms
GE Lighting and Oracle Corp. have announced to strengthen their operations in Hungary, catering for the government's goal to boost employment. For GE Lighting, it is to launch an LED development laboratory, reorganizing engineers from ...
Tags: LED Lighting
HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman – the third HP CEO in as many years – ...
Tags: Meg Whitman, HP, union Unite, IBM
Alcatel-Lucent is creating the role of chief operating officer(COO)at the company in an attempt to boost performance at the ailing firm. The job will be taken by the Alcatel's CFO,Paul Tufano.In addition to his financial ...
In order to provide a boost to the country’s ailing textile industry, the Government of Indonesia plans to extend tax incentives to textile machinery industries in 2013, Industries Minister MS Hidayat has said. The textile industry ...
Tags: market view, textile machine
Yahoo said Tuesday that Kathy Savitt, former founder and CEO of social commerce company Lockerz, is joining the ailing Internet company as chief marketing officer, responsible for all worldwide marketing and branding. Savitt will join the ...
Tags: Yahoo, Kathy Savitt, Marissa Mayer, new CEO
IBM is considering acquiring RIM's enterprise arm,while the BlackBerry manufacturer is selling off NewBay and other minor acquisitions of its own,according to reports. RIM seems to be avoiding speaking to the media since its Q2 financials ...
Tags: IBM, RIM, BlackBerry, NewBay
(Reuters) - Chinese companies are eyeing German machine tool group MAG, two sources close to the transaction said on Monday, in a sign appetite remains high among Chinese groups for the acquisition of German industrial know-how. State-owned ...
Tags: Market View, machine tool
Private equity is sniffing around Renesas, according to Japan's Yomiuri newspaper.Private equity companies KKR and Silverlake, which made the ill-fated takeover bid for NXP back in 2006, are reported to be in talks about investing 'several ...
Tags: Private Equity, Japan's Yomiuri newspaper, KKR and Silverlake
Sears Holdings Corp. paid its chief executive $9.9 million last year, including incentives the ailing department store operator offered to lure the former technology executive, according to an Associated Press analysis of a regulatory ...
Tags: Market View, hardware
Sears Holdings Corp. said it plans to spin off its small-format hometown dealer stores and outlets and sell 11 stores to raise cash and shore up its money-losing retail business. The long-suffering retailer, controlled by hedge-fund ...
Tags: Market View, hardware
Shrinking demand on the Spanish sales market has recently led to more price cuts for Scandinavian softwood lumber there. From what market insiders say, demand in Spain has subsided more strongly by the end of November than otherwise usual ...
Tags: market view, softwood lumber, price, spain