The UK Government’s Chief Secretary to the Treasury, Danny Alexander, has announced a £2m boost for research into the development of gallium nitride (GaN) power semiconductors by Netherlands-based electronics firm NXP ...
Tags: NXP, Power Semiconductors
Japan will extend a sum of Tk 1 billion (US$ 10 million) to Bangladesh for reconstruction of readymade garment (RMG) manufacturing factories in Bangladesh that are in dire state. The loan will be issued by the Japan International ...
Tags: RMG Building
This week may have seen the network heavyweights of the U.S. celebrate the achievement of inventing Ethernet 40 years ago, but they’re wondering where the next funding is coming from. At the NetEvents conference in San Francisco to ...
Tags: 3Com, Bill English, Bill Spencer, Bob Metcalfe, Bridge Networks, cash, CNME
Crude futures fell to fresh lows immediately ahead of the 2:30 p.m. EDT (1830 GMT) market settle Wednesday, as the oil complex extended an overnight selloff in US trading after equity markets slid throughout the the session. NYMEX July ...
Tags: Metallurgy, Mineral, Energy, oil
Australian stocks are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
Lighting manufacturer PhotonStar LED Group has generated £8.7m in sales in 2012, up by 44 per cent when compared to the year before. The company’s 2012 sales rose dramatically from £6.06m in 2011, according to the ...
Tags: Photonstar, Lighting
iFabric Corp.,announced its financial results for the second quarter ended 31st March 2013. In the quarter ended 31st March 2013, revenues increased to $2,254,113 compared to $1,067,362 in the corresponding quarter of 2012, an increase of ...
Tags: Skyrocket, iFabric Corp
Avery Dennison Retail Branding and Information Solutions (AD/RBIS) the world’s leading apparel branding solutions provider will sponsor the WGSN Global Fashion Awards, including offering a new award in support of emerging apparel ...
Tags: Avery Dennison, Textile
Transport for London (TfL) has obtained a grant of GBP5m to buy new vehicles from Department for Transport's (DfT) Green Bus Fund in the UK. Major share of the amount will be used to buy 90 hybrid buses, which will expand the current ...
Tags: Transport for London, Hybrid Buses
GlaxoSmithKline (GSK) has acquired a Switzerland-based vaccines company, Okairos, for €250m in cash to boost its existing vaccine platform technology expertise and to continue developing the next generation of vaccines. Under the ...
Tags: Glaxosmithkline, Vaccines Business
For fiscal third-quarter 2013 (to end-March), optical component, module and subsystem maker Oclaro of San Jose, CA, USA, has reported revenue of $141.6m, down 11% on $159.5m the previous quarter and up 60% on $88.7m a year ago (which was ...
Tags: Oclaro Opnext, Electrical, Electronics
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
Coles has been a focus of the TWU's road transport campaign. Truck drivers and their employers presented a united front at the TWU National Council in Darwin in their calls for a greater focus on road safety in the supply chain. ARTIO ...
Tags: Service
Dairy Crest is poised for UK growth after the sale of its French spreads business, chief executive Mark Allen has confirmed. Dairy Crest results were 'modestly ahead of expectations', said Panmure Gordon Allen said: "The sale of our ...
Tags: Agriculture, Food
High-Frequency traders who bombard the stockmarket with trade messages should wear a higher share of the supervision costs than genuine traders, according to Australia's retail fund managers. The Financial Services Council said it would ...