Nokia's credit rating has been cut even further by ratings agency Moodys, over concerns about the company's cashflow. The company's credit rating now stands at B1, four levels below "investment grade". Further reading Nokia to launch ...
The manufacturing of individually designed organic light-emitting diodes and solar cells and their combination can be realized in the near future. After three years the project ManuCloud (distributed Cloud product specification and supply ...
Luxembourg-based steelmaker Ternium S.A. and Tecpetrol International S.A. announced Monday that they have entered into a memorandum of understanding to jointly build and operate a natural gas-fired combined cycle electric power plant in ...
Tags: Ternium, Tenaris, Power Plant
Woodside Petroleum will recommend Shell's floating LNG technology to its joint venture partners as the best option to develop the Browse project off Western Australia, the company said in a statement Tuesday. "The selection of FLNG as the ...
Tags: Floating LNG, JV Partners
Neutra (NTRR), a provider of all-natural wellness solutions, has initiated the development activities for a new oral delivery system for nutraceuticals including medical marijuana. Dr Richard Kaufman has been hired by Neutra to oversee ...
Following the success of similar previous facilities built for Vietnam Brewery Limited (VBL), Sidel was asked to install another high-speed, beer-canning line. The new line was the third in as many years for VBL, of which Heineken: "The ...
Tags: Packaging, Printing, Processing Machinery
German carmaker Volkswagen has commissioned a new engine manufacturing plant in the north-eastern Chinese city of Changchun. Opened in collaboration with the German carmaker's Chinese joint venture FAW Group, the new 94,000m2 Volkswagen ...
Tags: Volkswagen, Engine Plant
Xylem has won a contract to provide a Dissolved Air Flotation (DAF) pretreatment system to help ensure an uninterrupted potable water supply to Abu Dhabi Emirate and the east coast of the United Arab Emirates (UAE). The source water in ...
A second 22,000-square-foot Boyles Furniture & Rugs will grand open this week in Avon, Conn., at the former Nassau Furniture. AVON, Conn — Boyles Furniture & Rugs is set to open its first Northeast location at the former Nassau ...
Novomania 2013 launched its fourth edition (17-19 July 2013); the best yet with some refreshing new labels and returning brands, coupled with the supporting NEWGEN talent from China for its fourth edition - a meeting place where business is ...
Tags: Novomania show, Textile
Nokia is to release its own tablet computer running Windows RT in September, according to sources in China, where it will be made. The device will feature a quad-core Qualcomm Snapdragon 800 and will include support for 4G wireless ...
Australian miner Fortescue Metals Group has announced that Taiwan-based Formosa Plastics Group has invested US$1.15 billion in the FMG Iron Bridge Joint Venture, established to develop the FMG Iron Bridge Project, which is 88 percent owned ...
Prudential Insurance Company of America (PICA) and Bank Simpanan Nasional (BSN) have agreed to acquire 100% of Uni.Asia Life Assurance’s (UAL) issued and paid-up ordinary share capital, to boost their insurance operation in Malaysia. ...
Tags: Life Assurance
“The Ultimate Driving Machine” was Bayerische Motoren Werke’s (BMW.FRA) iconic advertising slogan for years. The German automaker’s exclusive China partner Brilliance Auto (1114.HKG) should swap “driving” ...
Tags: BMW, Ultimate Profit Machine
Cooper Tire & Rubber Co.'s passenger and truck tire plant in Rongcheng, China, remains unmanned following a work stoppage that begin in July. The stoppage coincided with the announcement that Apollo Tyres Ltd. had purchased the Findlay, ...
Tags: Cooper Tire, truck tire