Nothing gets reads like a shadow banking story. Articles on China's local government debt pull page views too, conjuring images of small-town officials erecting enormous stadiums or skyscrapers on the edges of corn fields. Often left out of ...
Tags: Chinese Companies, Debt Crisis
Faurecia, a French automotive components producer, has received EUR122.5m loan from European Bank for Reconstruction and Development (EBRD) to support its expansion plans. As part of its capital expenditure plan, the company will use this ...
Tags: car, auto, Transportation
The All Pakistan Textile Mills Association (APTMA) has raised concerns over the State Bank of Pakistan's (SBP) move to increase the Reverse Repo (Ceiling) rate by 50 basis points, describing it as 'a blow to the industry'. According to ...
Tags: Textile
Current proprietary software models are not fit for purpose as companies increasingly enter the cloud, IT bosses from Channel 4, accounting software firm Sage and Investec Bank have agreed. Speaking on a customer panel at Amazon's AWS ...
Tags: Computer Products, software
The exports of hand-knotted carpets from Nepal fell 12.4 percent year-on-year during the Nepali fiscal year that ended on July 15, 2013, according to the data released by Nepal Rastra Bank. In fiscal year 2012-13 Nepal exported ...
Tags: Carpet Exports, Textile
Shenzhen City completed cross-border trade settled in renminbi of CNY 518.303 billion by August 31, 2013. The Shenzhen branch of Bank of China continued to maintain a leader by completing cross-border trade settled in renminbi of CNY ...
Tags: trade economy, economy
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has suspended its plan for a non-public offering of its shares against the background of sluggish demand in the steel markets and negative conditions ...
Tags: steelmaker, steel markets
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
SHABEER Jhetam is a passionate advocate of recycling. The CEO of The Glass Recycling Company talks to Margaret Harris about reducing our carbon footprint and creating jobs What does your job involve? Take me through your typical work day, ...
Tags: Glass, Construction
Religare Health Insurance has signed an insurance distribution agreement with Union Bank of India, whereby it products and services will sold by the bank branches. Union Bank of India executive director SK Jain said, "Union Bank becomes ...
Tags: Insurance, Health Insurance
Drummond Ltd., one of the largest coal producers in Colombia, partially restarted operations Saturday night after the government stepped in to resolve a strike that has stifled the country's coal exports. Edgar Munoz, a spokesman for the ...
Tags: Coal, Metallurgy, Mineral, Energy
Deutsche Bank has been selected to be a foreign exchange collective management pilot bank of the State Administration of Foreign Exchange of China (SAFE) to provide foreign exchange collective management and collection and payment and net ...
2 Sisters Food Group, and PepsiCo are among the trade buyers that could snap up Burton's Biscuits, although the deal could easily go to a private equity house, according to analysts. Burton's makes Cadbury-branded biscuits under licence ...
China's business activity surged to a 17-month high in August, providing fresh evidence that the protracted economic slowdown in China may be bottoming out. Industrial production gained 10.4 percent from a year earlier, picking up from ...
Tags: Steel Leads, Steel Sector
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners