France is to use profits from nuclear power plants along with a new carbon tax to help fund growth in renewable power and energy efficiency, Prime Minister Jean-Marc Ayraut said Saturday. In a speech in Paris marking the end of France's ...
Tags: Nuclear Tax, Carbon Tax
China’s LED chip manufacturer HC Semitek Corp. Suzhou branch has received a US$ 150 million loan to be paid back in six years for its LED business, according to a Chinese-language Reuters report. China Development Bank’s ...
Tags: LED Chip, LED Business
Montreal-based Gildan Activewear Inc. has announced plans to invest more than $200 million over the next two years to build and start up two state-of-the-art yarn-spinning facilities in the Southern United States to support projected sales ...
Tags: Textile
Shaw Industries Group Inc. — a Dalton, Ga.-based floor covering provider and a subsidiary of Berkshire Hathaway Inc. — will invest $100 million to streamline its distribution network and expand its fiber extrusion facility in ...
Tags: Textile
Apogee Enterprises, Inc. APOG -1.35% on Sep 18, 2013 announced fiscal 2014 second-quarter results. Apogee provides distinctive solutions for enclosing commercial buildings and framing art. Operating income up 24 percent, EPS up 17 ...
Tags: Apogee, Quarter Results
U.S. Secretary of Energy Dr. Ernest Moniz speaks about clean energy revolution in the U.S. in an article recently posted on Department of Energy website. For decades, America has chased after the promise of clean, domestic energy. But even ...
Tags: Clean Energy Trends, Metallurgy, Mineral, Energy
Cooper Tire and Rubber Co. says it is assessing its options after an arbitrator blocked the sale of two of its plants to Apollo Tyres Ltd. The arbitrator upheld two grievances filed by the United Steel Workers (USW) in a ruling issued on ...
Tags: Cooper Tire, tyre, Auto Parts
Scottish insurance and financial services firm Borland Group has acquired the former Carlyle Insurance Group’s Kirkcaldy office, in a bid to strengthen its operations in the country. The acquirer did not reveal the transaction ...
Tags: Borland Group, Service
US-based property and casualty insurer Capital Insurance Group (CIG) has introduced three new 2% total premium credits for commercial apartment and condominium lines. The credits include the stovetop fire-prevention, automatic water ...
Tags: Insurance, Capital Insurance Group
Gildan Activewear announced that it is evaluating potential sites in the Southern U.S. for the construction of two additional yarn-spinning facilities, to support its projected sales growth and further reinforce its position as a global ...
Tags: Yarn, Spinning Facilities
Today, Ericsson released the first edition of its Networked Society MENA City Index at the Networked Society Forum in Dubai, UAE. The report analyzes the levels of ICT-driven benefits created in 11 of the Middle East and North Africa ...
Tags: Ericsson, Consumer Electronics
Inditex posted net sales of 7.7 billion euros in the first half of FY13 (from 1 February to 31 July), year-on-year growth of 6%; this figure rises to 8% in local currency terms. Like-for-like sales growth was 2%, on top of a 7% in 1H12. The ...
Tags: Apparel, Accessories
Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
ASOS reported financial results for the three months period ending 31 August 2013: Q4 Highlights: -Retail sales +47% year on year (UK +49%, International +47%) -International retail sales 64% of total (65% last year) -Retail gross ...
Tags: Fashion Retailer, Apparel
The Government of Karnataka, a state in southern India, is expecting that the state would attract over Rs. 100 billion in investments once the new textile policy is implemented, state Minister for Textiles and Ports Baburao Chincahnsur told ...
Tags: Textile