In an update on current trading and confirms its expectations for full-year 2015, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it is on track to achieve year-on-year revenue growth, with second-half revenue ...
Tags: IQE, epiwafer foundry, Electronics
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
A participant writes Chinese character "biang" during a Writing "Biang" event held in Xi'an, capital of Northwest China's Shaanxi province, April 13, 2014. Voting for The Chinese Character and Chinese Word of the Year 2015 launched on Nov ...
UK-based RPC Group will acquire French closures and dispensing systems manufacturer GCS Group for €650m in a bid to bolster its position in European plastic packaging market. RPC proposes to fund the acquisition by combining ...
Tags: RPC Group, plastic packaging, GCS Group
Tax revenue from coal production in the Australian state of Queensland is forecast to rise to A$1.93 billion ($1.4 billion) in fiscal year 2016-2017 (July-June), based on assumptions that hard coking coal prices will average $100/mt in the ...
The Panamax dry bulk short period freight market is currently trading below operating costs and some owners may be tempted to lay up their vessels as the outlook for 2016 is very weak, sources said. The Panamax short period market is ...
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, says that for full-year 2016 it expects net sales ...
Tags: First Solar Thin-film photovoltaic CdTe, Tempe AZ, Electrical
Havells India, a manufacturer of lighting and electrical products, plans to sell most of its stake in European lighting system and fixtures company Sylvania. Sylvania is one of the four leading lighting brands in Europe and Latin America. ...
Tags: Havells, LED lightings, electrical products
The gold industry is not doing enough to combat debt and rising losses and not investing enough in exploration, Randgold CEO Mark Bristow said Tuesday. "A number of major companies in the industry today are simply not viable," Bristow ...
Tags: gold industry, Mines
US-based packaged foods company Pinnacle Foods has entered into an agreement to acquire Boulder Brands for $975m, in a move that signifies the former’s expansion into health and wellness segments. The acquisition is expected to ...
Tags: Pinnacle Foods, refrigerated foods
Poultry processor Moy Park is planning to invest £10m to expand its processing facility and hatchery in Derbyshire. The move is expected to create 100 jobs. The investment will go towards the installation of a new cutting line, ...
Tags: Moy Park, birds, poultry products
Although the preference for Australian over US coal continues, US high vol B is still holding its own in the market. Some buyers are now looking to the next benchmark with expectations of a fall from the current $89/mt FOB Australia. One ...
Tags: coal, high vol B coal
Several Canadian cities have announced plans to swap their old traditional streetlights for more energy efficient LED lights, but the country’s sixth largest capital Mississauga, located in Southern Ontario underestimated the finance ...
Tags: energy efficient LED lights, LED Streetlight, LED luminaires
Atlas Development & Support Services has agreed to acquire East Africa Packaging for an undisclosed amount, as part of the first project within its newly established industrial division. The company's new industrial division will focus ...
Tags: Atlas, East Africa Packaging, glass bottles