China will raise the threshold on new coal mines and halt approval on those that do not meet specified requirements, in the latest effort to regulate the oversupplied sector. New coal mines with annual output below 300,000 tons and ...
Tags: Coal Mine, Metallurgy, Mineral, Energy
GateHouse Media Inc. and certain of its subsidiaries have emerged from prepackaged chapter 11 bankruptcy proceedings in the United States Bankruptcy Court for the District of Delaware with a substantially de-levered balance sheet, the ...
General Motors CEO Dan Akerson says GM is building towards a major strategic realignment of its marques in Europe, with a focus on Chevrolet and Opel. Akerson told Automotive News the "confusing" overlap between Chevrolet and Opel in ...
Tags: Dan Akerson, European Brand Strategy, GM
Accell Group expects revenue for full year 2013 to be up compared to 2012 despite lower preseason sales and rampant product discounting at the end of the season. The Dutch company, parent of Raleigh, Currie Technologies, Seattle Bike ...
On November 20, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that its major asset restructuring plan has received final approval from the China Securities ...
Tags: steelmaker, Mineral
Fisker Automotive has officially filed for bankruptcy on the back of the Californian car maker’s sale to investment group Hybrid Technology. After several attempts to rescue the company, Fisker filed for Chapter 11 bankruptcy on ...
Tags: Fisker, automotive, file, bankruptcy
Tianjin Municipality-based Chinese steelmaker Rockcheck Iron and Steel Group Co. (Rockcheck Steel) has signed a cooperation agreement with Beijing-based Central Iron & Steel Research Institute, as reported by Tianjin Daily on November 25. ...
Tags: Steel, Metallurgy, Mineral
The Royal Bank of Scotland (RBS) has been accused of “horrendous treatment” of some small firms, after it allegedly wrongly classified sound businesses in a high risk category in order to boost revenue. RBS has been accused of ...
Tags: RBS, accuse, horrendous, firm
West Melville Metals Inc. (TSX VENTURE:WMM) ("West Melville" or "the Company") and Hunter Minerals Pty Ltd ("Project Vendor") have executed an amendment deed to the Isortoq Purchase Agreement (the "Agreement") whereupon signing, West ...
Tags: West, Melville, secure, ownership, Isortoq Project, Greenland
Campbell Soup Company today reported its results for the first quarter of fiscal 2014. Denise Morrison, Campbell's President and Chief Executive Officer, said, "I'm disappointed in Campbell's first-quarter performance. We are confident in ...
Tags: Campbell, First-Quarter Results
According to analysts with Great American Group, paper demand remains stagnant in the face of competition from digital media, while demand for corrugated packaging has fluctuated over the third quarter of 2013 in line with monthly ...
Tags: paper demand, packaging, limited demand
HJ Heinz, a US-based food manufacturer, plans a $28m expansion project at its frozen food production facility in Masillon, Ohio, which would add 249 jobs. The project comes on the heels of the company's announcement last week to close ...
Tags: Heinz, expansion project, Masillon, Ohio
CareFusion, a global medical technology company, has announced the signing of a definitive agreement for CareFusion to acquire the Vital Signs division of GE Healthcare for $500m. With annual revenue of approximately $250m, Vital Signs is ...
Tags: CareFusion, GE Healthcare
Sears Canada Inc. announced its unaudited third quarter results. Total revenues for the 13-week period ended November 2, 2013 were $982.3 million compared to $1,049.4 million for the 13-week period ended October27, 2012, a decrease of 6.4%. ...
Tags: Sears Canada, Apparel
Cisco Systems stunned Wall Street on Wednesday with a gloomy financial forecast it blamed on falling demand in developing countries and transitions in some of its product lines. The networking giant expects its revenue this quarter to ...