al Chinese financial search platform Rong360.com received USD 30 million in its second round of financing recently. Ye Daqing, CEO of it, said in an interview on August 2 that it had completed its second round of financing and the ...
me foreign banks will continue fueling expansion in the Chinese mainland in the second half of this year despite that they experienced a profit fall there in the first half of the year. Foreign banks released financial results for the ...
China's economy is stabilizing, and if exports continue to see modest growth in the second half, then the pace of economic growth for the year is likely to be close to 7.5 percent, said a well known economist. Fan Gang, head of the ...
Tags: 2013 Growth
IBM has signed an agreement to acquire security company Trusteer, and plans to set up a cybersecurity software lab in Israel. The financial terms of the proposed acquisition were not disclosed. With offices in Boston and Tel Aviv, ...
Fujitsu will continue to provide Virgin Money with support for its mainframe environment, after the bank signed a new five year deal with the IT solutions provider. Financial terms were not disclosed. Further reading CIO interview: How ...
Tags: Computer Products, Fujitsu
Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. (Minmetals Development) has announced that today, August 13 it plans to issue super short-term bonds worth a total value of RMB 2 ...
Tags: Minmetals Development
US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
The nova-Institute has recently published a paper on agricultural feedstock use in industrial applications shedding light on the controversial public debate surrounding the industrial use of food crops or so-called first generation ...
The construction of a new soda ash plant, as agreed by the Governments of Belarus and China will be launched in 2013. Anatoly Nichkasov, Belarus’ Minister of Architecture and Construction, said in a press conference, that the ...
Exports of cotton from Latin American country of Paraguay were affected due to drastic reduction in cotton harvest during the 2012-13 season. Cotton exports earned US$ 20.3 million in foreign exchange for Paraguay, showing a ...
Tags: Cotton Export
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
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter and the first nine months ended June 30 of the financial year 2012-13. For the third quarter, ThyssenKrupp registered a net loss of €238 ...
Tags: Thyssenkrupp, Steel Plants
Scotland-based Mackie’s Crisps, a joint venture between Taylors Food Group and Mackie’s of Scotland, has opened a new crisp manufacturing facility in Errol, Perthshire. With the new facility, Mackie's production has more than ...
Tags: Mackie's Crisps
Last week, JA Solar, a major Chinese manufacturer of high-performance solar power products, revealed it had secured a US$89.84 million (RMB250 million) credit facility from state-owned lender Bank of Communications under a central ...
China's economy performed better than expected in July with inflation stable and industrial production strengthened. China's consumer price index, the main gauge of inflation, grew 2.7 percent from a year earlier in July, with retail ...
Tags: China's economy