Dorel Industries bought a 70 percent interest in Caloi, a major Brazilian manufacturer of bicycles and equipment and one of the largest bike brands in Latin America, the company announced Thursday. Caloi's sales in 2012 were close to R$ ...
Tags: Transportation, bike
Net profit at China National Offshore Oil Corp. (CNOOC) rose 7.9 percent in the first half of 2013, the company said Tuesday. Net profit hit 34.4 billion yuan (5.6 billion U.S. dollars) in the first half and sales revenue grew 15.8 ...
Tags: Offshore Oil, Oil, Metallurgy, Mineral, Energy
The sun is finally rising on the global solar business, with growing demand in developing regions helping to ignite the first increase in industry-wide capital spending in three years in 2014, according to research firm IHS. Global ...
Tags: Lights, Lighting, Solar Industry
Despite the continued challenging market environment, Henkel delivered a strong second quarter, according to the company. "We significantly increased both sales and earnings with all our three business sectors contributing. Our adjusted ...
Tags: Henkel, Construction, Chemicals
IBM has been awarded a contract worth up to $1 billion to transform the US Department of the Interior's IT as part of a major cloud computing initiative. The DOI is aiming to move its data and applications into the cloud as part of a ...
Tags: Computer Products, Cloud Transformation, IBM
Despite widespread objections to the multi-billion dollar East-West Link and calls for the money to be spent on public transport instead, the Victorian freight and logistics plan called 'Victoria – The Freight State' promotes it as ...
Consumer goods giant Dorel Inds. said declines across all three of its operating segments resulted in overall revenue and earnings decreases for the second quarter of the year. The company's bright spot was its home furnishings segment, ...
Tags: Furniture, Furnishing
The Ifo Indicator for the world economic climate fell slightly. Both assessments of the current economic situation and the six-month economic outlook deteriorated somewhat. The recovery in the world economy is not really making any headway. ...
Apple’s App Store still pulls in twice as much revenue as the Google Play Store, despite the continued growth in Android smartphone use, according to a report from mobile app tracking firm Distimo. However, Android app sales have ...
Seoul Semiconductor has supplied its Acrich2 LED modules into a second China project located in the Jiangsu Province, while Cree announced a sub-hundred-dollar SSL streetlight and MaxLite received DLC listing on a product. Seoul ...
Tags: LED Streetlights
Specialty life-science investment company Torrey Pines Investment (TPI) has signed a multi-million dollar joint investment framework agreement with BioMotiv, a biotech accelerator associated with The Harrington Project for Discovery & ...
Tags: Drug Development, Torrey Pines
Dorel continued to feel the sting of weather on sales of bicycles globally during the second quarter, officials told investors during an earnings call Friday morning. “There’s no doubt the second quarter was a bad quarter ...
Tags: Bike Business
Later this month, IC Insights’ August Update to the 2013 McClean Report will show a ranking of the top 25 semiconductor suppliers in 1H13. A preview of the top 20 companies is listed in Figure 1. The top 20 worldwide semiconductor ...
Tags: Semiconductor Supplier
Dr. A Sakthivel, Chairman AEPC, has expressed optimism on the growth of exports. Exports for the Month of July 2013 have grown by 11.64 % compared to the same period last year. Chairman AEPC has welcomed the growth in the RMG and Textiles ...
Tags: Chairman AEPC, Apparel Exports
After posting anemic growth of 0.1% in 2012, Latin America's manufacturing sector is poised for moderate growth through 2014, according to a new report. The Manufacturers Alliance for Productivity and Innovation's Latin America ...
Tags: Processing Machinery, Machinery