The PRISM revelations and the National Security Agency's programme of obtaining data from web firms could cost the American cloud computing industry $35bn (£23bn) over the next three years, as wary customers switch to providers that ...
Tags: European Providers
Nigeria’s Bank of Industry (BoI) has announced that about N56.48 billion of the N100 billion Cotton, Textiles and Garmenting (CTG) Revival Fund allocated by the Federal Government has been distributed till date. This was ...
Tags: Cotton, Textiles, Garmenting
Air Liquide Group, the world's largest industrial gas producer by revenue, has launched the second phase of its investment program, called Tengfei II, in China this year. The program caters to the country's growing demand for oxygen, ...
Tags: Clean Energy Boom
The retail industry must take the lead in inventing new technologies to meet the rising aspirations of the Indian consumer, Mr. KV Thomas, Minister of Consumer Affairs, Food & Public Distribution, has said. Inaugurating Massmerize ...
Tags: retail industry, Apparel
THE dollar dipped below the US90c mark yesterday as expectations of a rate cut next week rose following bearish rhetoric from the Reserve Bank governor. At 5pm AEST the local unit was trading at US89.58c, down from US90.16c on Wednesday. ...
The Uganda Development Bank (UDB) has embarked on a loaning scheme to cotton farmers in the Eastern and Northern parts of Uganda. The bank has taken the initiative in order to revive the production of cotton in the country, which has ...
Tags: Cotton Farmers
For second-quarter 2013, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for ...
Tags: Electrical, Electronics
For the last decade, it has been of utmost interest for buyers and sellers in the global textile industry to know where the goods are coming from — that is, where they are produced. The reasons for that are well-known; sustainability ...
Tags: Textile
Lafarge West Africa has reportedly signed an MoU with the Engu State Commissioner for Commerce and Industry, Nigeria, which paves the way for a new cement plant to commence operations next year. Speaking on behalf of the state, Dr Jude ...
Tags: Cement, Construction
The creditor banks for Chi Mei Lighting Technology Corporation are demanding the company's shareholder groups like Innolux Corportation and Chi Mei Corporation to repay the company's debt. However, Innolux Corportation's response was that ...
Tags: LED, LED lighting
Chimei Optoelectronics has gone out of business leaving behind NTD 5.6 billion in debt. The company's creditor bank has been pursuing the company to obtain their financial claim but has yet to hear anything from the company. Chimei used ...
The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures
A growing number of young Chinese are undergoing plastic surgery during their summer vacations, as they believe that improving their looks can give them an edge in applying for education and jobs. Beijing postgrad Chen Rong received a ...
Tags: Chinese Youth, Plastic Surgery
China's central bank reopened a US$29.98 billion offering of three-year bills meant to drain liquidity from the banking system in July, continuing a bias towards tightening, The Wall Street Journal reported. The People's Bank of China ...
Tags: China Bill, Tightening Bias
Oil prices surged on Thursday as economic data around the globe added optimism to economic growth. In the week ending July 27, the advance figure for seasonally adjusted initial jobless benefits claims decreased 19,000 to 326, 000, the ...
Tags: Oil Prices, Global Growth Optimism