HP is to axe 1,124 UK jobs at the start of 2014 in a move that union Unite claimed was a result of "a long-term addiction to a culture of job cuts". The systems giant is cutting 29,000 jobs worldwide - some eight per cent of its workforce ...
New BlackBerry CEO John Chen has sent an open letter to the company's customers telling them that BlackBerry is "very much alive, thank you". The letter to customers is intended to reassure them that the investments that they have made in ...
Tags: Blackberry, New Blackberry CEO
Christopher & Banks Corporation, a specialty women's apparel retailer, reported results for the thirteen week period ended November 2, 2013. Results for the Thirteen Week Period Ended November 2, 2013 Same-store sales increased 4.9%, as ...
Tags: women's apparel, Christopher&Banks
Today in Barcelona, Repsol Chairman Antonio Brufau presented the document "Spain, enterprises and exports" which was prepared by the Business Council for Competitiveness (CEC). The event was held at the Casa Llotja de Mar and presented by ...
Tags: Repsol, international policies
Orion Engineered Carbons GmbH will cease production at its Sines, Portugal facility by the end of 2013 affecting immediately approximately 36 of the 40 positions at the plant. The shutdown will take place while investments are being made ...
A worker examines the gas supply system at a specialty steel plant in Dalian, Liaoning province. From January to October, large industrial enterprises' profits rose 13.7 percent year-on-year. Liu Debi Industrial companies saw their profits ...
Tags: Industrial Sector, Mineral
China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...
Tags: Overcapacity, China's Economy
Beijing launched carbon emissions trading on Thursday, making it China's third market for carbon trading. An initial 490 companies, whose carbon emissions account for 40 percent of the city's total, have been included in the plan, ...
Tags: Carbon Market, Emissions
Germany-based steelmaker ThyssenKrupp has announced its financial results for the financial year 2012-13, stating that it is planning a capital increase of up to 10 percent, raising €1 billion, as the sale of its US steel mill has now ...
Tags: steel, financial results
China's crude steel output rose 8.3 percent year-on-year to 652.48 million tons in the first ten months of 2013, faster than the 2.1-percent increase seen in the same period last year, the country's top economic planner said Thursday. ...
Tags: Construction, Metallurgy, Mineral, Energy, Crude Steel
TOKYO, Nov 25, 2013 (BUSINESS WIRE) -- First Solar, Inc. FSLR -0.38% today announced that it has started construction of a solar project in Kitakyushu-shi, Japan. Generation capacity of the project is 1.4MWDC, and it will start operating ...
Tags: First Solar, Solar Power, Tokyo
Vince Holding Corp., previously known as Apparel Holding Corp., announced that it has closed its previously reported initial public offering of 10,000,000 shares of its common stock at a price of $20.00 per share. In connection with the ...
Tags: Apparel Retailer, IPO
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that 1.996 billion of its shares were issued to Chongqing Steel Group on November 25, marking the ...
Tags: Chongqing Steel, Mineral
In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
Titan Petrochemicals Group Limited announced key indicative terms of a new debt restructuring proposal for further discussion with creditors and other relevant parties. A creditors' meeting will be held for obtaining indicative consent on ...