SAN FRANCISCO -- Consumerization of IT and self-service trends will lead to a restructuring of the today's IT shop, leaving behind a hybrid model consisting of tech consultants and integrators. "The business itself will be the IT ...
Tags: IT Department, Self-service
For fiscal second-quarter 2013 (to end-March), Emcore Corp of Albuquerque, NM, USA, which manufactures compound semiconductor-based components and subsystems for the fiber-optic and solar power markets, has reported revenue of $42.3m, up ...
Tags: Emcore, Electrical
According to Japan's media report, the negotiation wth Nippon Electric Company and China's largest notebook maker Lenvo has come the the final negotiating stage. It's expected to reach an agreement within this month. The new comany will ...
Tags: NEC, Lenvo, Mobile Phone
Greencore has reported a significant increase in its half-year results, despite the problems it has faced with the horsemeat contamination scandal. Coveney acknowledged that the UK retail environment was a tough one The convenience ...
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
Dollar General Corporation reported record sales, operating profit and net income for its fiscal 2013 first quarter (13 weeks) ended May 3, 2013. "For the quarter, we achieved same-store sales growth of 2.6 percent reflecting strong ...
Turkey processor Bernard Matthews has blamed the pressure of rising commodity prices for putting 55 jobs under threat at its cooked meats site in Great Witchingham, Norfolk. Rising input prices have put 55 jobs under threat at Bernard ...
Tags: Turkey processor, Bernard Matthews, Job cuts
Glass for Europe, the association of Europe’s manufacturers of building, automotive and solar-energy glass, welcomes the initiation by the European Commission of both an anti-dumping and an anti-subsidy investigation concerning solar ...
Sony has hired two former Apple execs as it tries to build momentum behind its latest Xperia smartphones and tablets. Joining Sony's board are Eikoh Harada, the former head of Apple Japan, and Tim Schaff, who worked for the iPhone ...
Dashang (SHSE: 600694) on May 27 announced the restructuring plan following more than three-month trade suspension to acquire retail business and related assets under Dalian Dashang Group and Dalian Dashang Investment Management at CNY ...
London-based Stemcor, the world's largest independent steel trader, has hired Simon Freakley as chief restructuring officer, within the scope of negotiations with banks on more than $1 billion of debt, according to Bloomberg. Stemcor will ...
Tags: UK, economics, trading, European Union, Istanbul
Japanese steelmaker Kobe Steel has announced that, to increase the competitiveness of its steelworks, it has decided on large-scale investments including a new hot-metal treatment plant, a new heat treatment furnace for steel plate, and ...
Tags: Japan, Far East, investments, steelmaking, Kobe Steel, Istanbul
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
Intel has confirmed that it has signed a definitive agreement to acquire certain assets of the Global Navigation Satellite System business of ST-Ericsson, extending its investments in positioning technology. The financial terms of the ...
Kuwait's government has accepted the resignation of the country's oil minister, Hani Hussein, the official KUNA news agency reported Monday. Sheikh Mohammed Abdulla, minister of state for cabinet affairs and for municipal affairs, issued ...
Tags: Kuwait, Oil, Hani Hussein