The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that affiliates of GaAs Labs LLC has raised its offer to acquire the firm from $0.35 per share in cash (announced on 11 November) to $0.48 ...
China's largest oil refiner Sinopec has completed a deal to acquire a 10 percent share of Russia's largest gas processing company Sibur. Under the deal, Sinopec will have the right to nominate a representative to Sibur's board of ...
Tags: Sinopec, Russia's Sibur
MGP,a leading producer of premium distilled spirits and specialty wheat proteins and starches, announced that Dave Rindom has been named to serve as vice president and chief administrative officer of the company effective immediately. ...
Tags: MGP, premium distilled spirits, Agriculture
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that its board of directors, after consultation with its financial and legal advisors, has unanimously determined that an offer from a ...
The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
Glasgow-based Houseology.com has announced it is seeking £1m investment via crowdfunding platform Seedrs.com, offering the public an opportunity to share in the success of its online interior design and luxury homeware business, whose ...
Tags: interior design, luxury homeware
Terlato Wine Group and South Africa-based drinks company Distell Group Limited will merge two divisions of the respective companies - Terlato’s Artisan Spirits division with Distell’s US spirits division, to form a new joint ...
St. Martin Tower marks a huge step forward in the development of the Frankfurt office scene, both in terms of the architecture and the lighting solution. This is where LED luminaires from Zumtobel systematically provide coordinated light at ...
Tags: LED luminaires, LED downlights, LED lighting
Privately held integrated optical communications component and sub-system developer ColorChip of Yokneam, Israel has raised $25m in a round of growth funding. Founded in 2001 by Dr Shimon Eckhouse and professor Shlomo Rushin of the School ...
Tags: Colorchip, Optical transceivers, PICs
US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable
Graphic Packaging board of directors today declared a quarterly dividend of $0.05 per share. The dividend is payable on 5 January 2016 to shareholders of record at the close of business on 15 December 2015. Graphic Packaging, ...
Tags: Graphic Packaging, folding cartons, kraft
Dick's Sporting Goods reported adjusted earnings per share rose 10 percent in the third quarter, coming in at the lower end of its guidance. Same-store sales inched up 0.4 percent. The retailer also lowered its EPS and same-store guidance ...
Tags: Dick, Sporting Goods, athletic footwear
Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has announced the appointment of Dr Wyn Meredith as director of the Compound Semiconductor Centre (CSC), the new joint venture between IQE plc and Cardiff University to be ...
Tags: IQE, Compound Semiconductor