Navman Wireless, a provider of advanced fleet and asset management technology used to optimise business and government fleets as well as heavy equipment operations, has announced its acquisition by Danaher Corporation, a Fortune 250 science ...
Tags: Navman Wireless, advanced fleet, asset management technology
Asiacell’s share sale has been fully subscribed before its closing date, according to the IPO’s organizer. Shwan Ibrahim Taha, chairman of Rabee Securities, confirmed to Bloomberg News: “The offering is now comfortably ...
Tags: Asiacell, share sale, company news
Chinese majority-owned coal producer Yancoal has announced that its open-pit mines Yarrabee and Middlemount have been affected by the heavy rainfalls impacting Australia's Queensland region. Production from the mines is likely to be ...
Tags: coal production, coal Exports, coal mining
Australia-based miner Royal Resources Limited has announced that it has completed the pre-feasibility study on its Razorback iron ore project in Adelaide, South Australia. Accordingly, Royal Resources anticipates an annual mining rate of ...
Indian steel giant Tata Steel said that its Jamshedpur integrated work will start to run full production in this quarter. The new capacity will increased to 9.7 million tpy from currnet 6 million tpy. The expansion was mainly in ...
Tags: Tata Steel, India, steel market
Hitachi Global Storage Technologies (HGST) today announced what it said is the industry's highest-capacity 10,000rpm, enterprise-class hard drive: the Ultrastar C10K1200. The 2.5-in. drive comes in capacities of up to 1.2TB and features a ...
Tags: Hitachi Global Storage Technologies, hard drive, company news
Midwest-based property/casualty insurer West Bend Mutual Insurance has selected Risk Control (RC) Technologies-built RC Inspection software solution to enhance efficiency of loss control operations. West Bend loss prevention manager Chuck ...
Tags: West Bend Mutual Insurance, RC Technologies, RC Inspection software
Volkswagen Australia Group (VAG) is targeting mining companies Rio Tinto and BHP in 2013, with the hope of securing lucrative sales contracts for its commercial vehicle range. Speaking at a media conference in Sydney, VAG managing ...
Tags: Volkswagen, Extra Sales, 2013
Copper production of global mining company Anglo American was about 650,000 metric tons this year, an increase of 8.5% over 2011. Anglo American has not announced an official forecast. The growth of Los Bronces Seth copper output helped ...
Tags: Copper Production, Copper, Copper industry
Australian Commonwealth Government 10-year bond yields rose 12 basis points to 3.44 per cent following a similar move in US Treasury bonds during the Australia Day long weekend. At 11.38am AEDT, the benchmark S&P/ASX 200 was up 0.8 per ...
Tags: Australian Commonwealth Government, US Treasury bonds, sharemarket
The Australian dollar fell overnight to its lowest level in almost a month amid an improved outlook for European economies. It had rebounded to be 104.09 US cents at 6.30am AEDT but is still down from 104.49 US cents on Friday, before the ...
The Australian sharemarket has closed higher, with investors encouraged by the recent strength of global markets. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 53.8 points, or 1.11 per cent, to 4889.0 points - its highest ...
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in 2012 Ukrainian exports of pig iron increased by 10.9 percent year on year to 1.968 million mt. In December alone, exports of ...
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in 2012 Ukraine's exports of steel products decreased by seven percent compared to 2011 to 22.439 million mt. In December alone, ...
Tags: steel product exports, steel product, steel
The sharemarket surged to a 21-month high yesterday as investors dumped bonds and rushed to buy equities in response to an improving global growth outlook. Overnight on Monday, the US reported a 4.6 per cent rise in durable goods for ...
Tags: sharemarket, global growth outlook, US