HP has no plans to launch a smartphone next year but will need to sell one eventually to avoid missing out on “a huge segment of the population,” CEO Meg Whitman said Wednesday, clarifying remarks she made last month. Whitman ...
Tags: HP, hybrid, laptop, Meg Whitman, PC, smartphone
Aluminum foil tray supplier in the UK Nicholl Group has restructured its manufacturing activities in an attempt to deliver better production efficiencies as well as improved customer service. As part of the restructuring,the company ...
Research and advisory firm, Gartner, has released its list of technology predictions and trends for the years 2013 and beyond. According to Gartner, its top predictions focus on economic risks, opportunities and innovations that will ...
Tags: CIO, Gartner, IT, predictions, research, technology
Name: Jon Brilliant Age: 48 Time with company: board of directors when founded, became CFO 3 years ago. Education: Bachelor's degree in accounting from The Pennsylvania State University and a graduate degree, Juris Doctor, from Duke ...
Tags: Jon Brilliant, CFO, Welldoc
Chip company Advanced Micro Devices on Thursday said it would lay off 15 percent of its workforce as it tries to inch back to profitability at a time when the PC market is slumping. The company will lay off close to 1,800 people, and it ...
Tags: Advanced Micro Devices, AMD, chip, market, PC
Amid stiff competition from the likes of Google and Apple, Research In Motion is planning a series of sweeping changes that will see the company delay a key update to its BlackBerry operating system, reduce the number of phones it sells, ...
Tags: RIM, BlackBerry 10, iconic smartphones
Welch Allyn has commenced a global restructuring program to reshape its business and realign resources over the next three years to meet the challenges and opportunities of the rapidly changing global healthcare environment. The global ...
Trade Arabia reported that UAE based Dana Gas has reached a lock-up and standstill agreement with bondholders to restructure USD 920 million Islamic bond by reducing the debt to USD 850 million via USD 70 million cash. Dana said that the ...
Tags: UAE, Dana Gas, Metallurgy, Gas
Packaging company Robinson said it wrote off Scotlast investment of euro500,000, as it had not been successful in achieving its business plans. Scotplast was hit by reduced revenues and margins, owing to higher raw material prices. ...
Tags: Robinson, Scotlast investment, packaging
Homann Holzwerkstoffe is planning to focus customisation and refining capacities at its two Polish sites in Karlino and Krosno over the next two years. Its site in Losheim, Germany will thus continue to make HDF, run two varnishing plants ...
Tags: Homann Holzwerkstoffe, door dimension, customisation, drilling, punching
Following the go ahead by the Reserve Bank, banks have begun restructuring the loans worth around INR 1,300 crore given to iron ore miners and other stakeholders such as truckers and shipping lines. The Goa Chamber of Commerce and ...
Tags: mining sector, iron ore miners, Loan servicing, Mining
Ahead of the first tranche of 9.59% disinvestment of government ownership of 99.59% of Hindustan Copper Limited, India’s only vertically integrated producer of the red metal, the company’s share traded in small lots at up to INR ...
Tags: India, red metal, copper, metal industry, copper price
Mr Khamis Buamim chairman of Drydocks World said that the Dubai based ship building and repair firm is looking to enter the Syrian market via a consortium of regional and possibly international partners. Mr Buamim said that he saw a lot ...
Tags: middle east jobs, syria oil, steel fabrication, Drydocks World
Mr Khamis Buamim chairman of Drydocks World said that the Dubai based ship building and repair firm is looking to enter the Syrian market via a consortium of regional and possibly international partners. Mr Buamim said that he saw a lot ...
Tags: ship building and repair firm, international partners, investment
Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a ...
Tags: LED, Philips, Q3 financials, healthcare