In the first half of 2013, faced with the complicated and volatile economic environment at home and abroad, the Central Party Committee and the State Council have committed to the general tone of making progress while ensuring the ...
Shenzhen SED approved the proposal to establish joint venture the thirteenth Extraordinary Meeting of its Sixth Board of Directors, the Board of Directors agreed to jointly fund with Philips Electronics China BV for the establishment of ...
THE Australian stockmarket opened higher following gains on Wall Street and European bourses as Alcoa kicked of the US earnings season. The aluminium producer posted a sharp Q2 loss of $US119 million ($130.989 million) citing ...
Tags: Metallurgy, Mineral, Energy
Many listed Chinese solar companies experienced a turnaround in the first half, even as the industry remained mired in near-depression amid a supply glut and trade disputes. Of 22 listed companies, 10 have released interim statements ...
Tags: solar companies, EU duties
Microsoft CEO Steve Ballmer is to unveil a major restructuring of the software giant on Thursday. The aim, according to sources, is to achieve "functional coherence" and to better align people with corporate goals. That will mean cutting ...
Tags: Microsoft
Conergy has been in negotiations on the short-dated entrance of a strategic investor. The company's creditors however failed to agree on the necessary unitarily and reliable affirmation of the concept in a timely manner. Now, unexpected ...
Tags: Service
The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
According to the labels manufacturer, the planned actions are estimated to result in annual cost savings of about €12m starting from the beginning of 2014. According to the firm, the labelstock factory in Martigny, Switzerland, the ...
Despite China's slowing economic growth, the retail industry in the world's second-largest economy will maintain sustainable growth in the medium and long term, commerce officials said on Thursday. Meanwhile, the industry is undergoing a ...
Tags: Retail Industry, economic growth
Global pressure sensitive label materials supplier UPM Raflatac has announced plans to reduce labelstock production capacity in Europe, South Africa and Australia in a bid to secure profitability in low-growth markets. According to the ...
Tags: Labelstock Production, Packaging
Microsoft executive Don Mattrick as left the Seattle company to join social games firm Zynga as CEO, with Microsoft boss Steve Ballmer stepping in to fill the vacant position of head of interactive entertainment. It's a move that ...
Tags: Computer Products, xBox
Nokia is to acquire Siemens' 50% stake in joint venture Nokia Siemens Networks, which will become a wholly-owned subsidiary of the Finnish company after the transaction is completed. The handset maker is paying $2.2 billion to acquire the ...
Tags: Nokia, Siemens, Computer Products
Japan's Sharp said Thursday it will team with a large Chinese manufacturer to build a factory in Nanjing and mass-produce LCD screens for TVs, computers and tablets. Sharp said it will form a joint venture with China Electronics Corp. ...
Tags: Sharp, LCD Panel, Chinese Firm
Microsoft needs "to do a better job of telling the world" about Windows 8's features as a "fully-fledged" HTML 5 application platform, the company's general manager of platform strategy, Tim O'Brien, said today. Speaking at a session on ...
OMNOVA Solutions Inc. announced income from continuing operations of $2.6 million, or $0.06 per diluted share, for the second quarter ending May 31, 2013. Net income for the second quarter was $2.9 million or $0.06 per diluted share. ...
Tags: Omnova Solutions, Q2