City Cement, the company which raised just over $250m for expansion when it floated on Saudi Arabia s stock exchange in October, has announced that net profits dropped during the fourth quarter of 2012 by 35% to $11.6m, compared with $17.7m ...
Tags: City Cement, cement industry, company news
Shanghai-based Chinese stainless steel producer Baosteel Stainless Steel Co., Ltd, a subsidiary of Chinese steel giant Baoshan Iron and Steel Co., Ltd (Baosteel), has announced that in 2012 its total sales of stainless steel products ...
Tags: Baosteel Stainless Steel, iron, steel, company news
Blue-chip stocks rose for a fifth-straight session after a reading on December retail sales rose more than expected. The Dow Jones Industrial Average added 27.57 points, or 0.2 per cent, to 13534.89, erasing morning losses to close near ...
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Vodafone Australia will close the book on one of the nation's most successful tales of entrepreneurship after confirming it plans to dump the Crazy John's brand from its stores and rebrand them under its own name. As many as 40 Crazy ...
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Outdoor retailer REI is the new title sponsor of the Muddy Buddy Adventure Series and the presenting sponsor of TriRock Triathlon Series; both series are owned by San Diego-based Competitor Group Inc. The sponsorship agreement includes ...
Designed for busy workgroups that demand efficient workflow in a compact space, the new imageRUNNER ADVANCE C2200 series of color multifunction office systems from Canon U.S.A., Inc., a leader in digital imaging solutions, allows users to ...
Microsoft's Surface RT tablet sold 1 million units in the fourth quarter, fewer than expected, according to a UBS analyst. The analyst, Brent Thill, had expected 2 million Surface RT tablets to sell. In a note to investors, he said that ...
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HP is to axe staff from its Autonomy business in a shake-up that will also see the company take on 50 new engineers. In an email published by AllThingsD, Robert Youngjohns (pictured), who took over as Autonomy CEO from Mike Lynch in ...
Tags: HP, Autonomy business, company news
Samsung was the third largest foundry in 2012 and expects to be the second largest foundry in 2013, says IC Insights. TSMC's 2012 sales were almost 4x that of second-ranked GlobalFoundries and more than 10x the sales of the fifth-ranked ...
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Dell may be sold to private equity, reports Bloomberg, with the computer company said to be talking to two private equity companies - Texas Pacific Group and Silver Lake. The reports surfaced after Dell's corporate strategy boss left to ...
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German chemicals company Evonik said Friday it will be expanding output of C4-based products, including butadiene, methyl tertiary butyl ether and 1-butene, at its Antwerp, Belgium and Marl, Germany, sites. Butadiene production in ...
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Cisco Systems has been sued in a federal court by East Carolina University (ECU) for the "Tomorrow Starts Here" tagline it adopted in December. ECU in Greenville, North Carolina, has used the mark 'Tomorrow Starts Here' for over a decade, ...
Oracle released two out-of-band patches on Sunday for vulnerabilities in its Java programming language, both of which pose a high risk to users browsing the web. The company's speed in issuing patches may be due to part that exploit code ...
A new study predicts that America may lose its title as the global leader in R&D spending by 2023. If the federal government's R&D spending continues to decline or remain flat, China could overtake the U.S. in spending on research and ...
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The government has launched the third procurement round for the G-Cloud service, which will see the total value of potential spend on the framework increase from 100m to 200m. The G-Cloud uses cloud computing to help change the way ...
Tags: G-Cloud service, framework, company news