According to a statement from Malaysia's Ministry of International Trade and Industry (MITI), the government is determined to work with the domestic iron and steel industry to make it more competitive. Accordingly, Malaysia's import duty ...
Tags: steel, 18 steel grades, steel industry
At the suggestion of the State-Owned Assets Supervision and Administration Commission of the State Council of China (SASAC), Chinese state-owned enterprise Sinochem Group, the country’s fourth-largest oil company, has started initial ...
Tags: oil, chemical fertilizers, oil industry
Telecoms equipment maker Nokia Siemens Networks (NSN) is planning to go to the public markets to raise up to €700m (£587m) from high-yield bonds. People familiar with the plans told the Financial Times that the telecoms ...
Finland-based stainless steel producer Outokumpu has announced that its partner in its OSTP tubular joint venture, the Italian company Tubinoxia, controlled by Andrea Gatti, has become a majority shareholder. Tubinoxia has acquired an ...
Redd&Whyte, the specialist developer of enabling liquid handling technology, has announced a further senior appointment as part of a significant restructuring programme, in order to expand Redd&Whyte's customer base across Europe and north ...
Tags: Redd&Whyte, Chairman, Biomedical Industry
The Indian textile industry, the single largest employment provider, employing over 91 million people particularly the rural masses and women and the backbone of country's economy has been passing through a worst crisis in its history ...
Tags: SIMA, textile industry, raw material prices
Changes in the competitive smartphone market look set to cost more UK jobs as smartphone producer Nokia and telecommunications provider Everything Everywhere (EE) both announce a programme of cuts. Nokia outlined plans to cut over ...
Tags: smartphone market, Nokia, telecommunications
Findus Group has announced that Unilever's chairman for Italy, James Hill, will become its new CEO. Hill will take up the role at Findus on 1 April, the company said today (17 January). At Findus, Hill will be asked to use his experience ...
Tags: Findus, CEO, James Hill
International food retailer Delhaize has reported a rise in sales for 2012, but charges and lower profits dampened its performance. Delhaize said in an interim statement today (17 January) that net sales rose by 7.7% in 2012 versus 2011, ...
Tags: food retailer, Food Lion chain, Food, sales
Late last month LED maker Philips Lumileds of San Jose, CA, USA said that, after restructuring its distribution channels, it had added new distributors for the first time in nearly two decades, driven by the needs of a rapidly growing ...
Tags: LED maker, Philips Lumileds, EMEA
The need for employees to be more productive in the current market has pushed many organisations to increase their investment in collaboration tools, a hiring expert says. "We are seeing a lot of restructuring and 'de-layering' in the ...
Tags: technology division, Collaboration skills, creative industries
At its meeting on 19 December, the board of directors at Biesse spoke in favour of an extension until 10 August 2013 of the short-time working arrangement agreed in 2012. The state-subsidised short-time set-up (Cassa integrazione ...
Tags: Biesse, rotation, restructuring measures
Following news that Dell was in negotiations for a private equity buyout, analysts said on Tuesday that multiple private equity firms would have to invest in Dell for a buyout to be possible. The analysts pointed toward the company’s ...
Tags: Dell, equity buyout, analysts
The newly appointed chairman of Indonesia's special taskforce for the upstream sector will focus on various issues during his tenure, among them increasing oil and gas production and boosting reserves, he told Platts Monday. Rudi ...
Tags: Indonesia, Skkmigas, Oil, Gas Production
Computerworld - After seeing 18 key IT staffers suddenly quit to take new jobs at General Motors, Hewlett-Packard has asked a Texas court for permission to depose two former managers to find out if employment contracts were violated. HP ...
Tags: General Motors, Hewlett-Packard, job cuts