The Sumitomo Chemical Group’s sales for the half-year ended September 30, 2013 were ¥1,050.8 billion, an increase of ¥89.4 billion compared with the same period of the previous fiscal year. The Group recorded operating ...
Eroding sales in two of its critical product segments that include furniture, mattress and major appliances contributed to a weak fiscal third quarter for Sears Canada, even as the multichannel retailer declared a special dividend to ...
Tags: Furniture, Furnishing
The BMW i3 has scored a disappointing four-star crash test rating from independent safety assessor Euro NCAP. BMW’s first electric car, expected to be awarded a five-star rating, was joined by the Ford EcoSport, Mercedes-Benz Citan, ...
Tags: BMW I3, Four-Star, NCAP Safety Rating
ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Pertamina for the sale of its Algeria business unit for a total sales price of $1.75 billion, which resulted in proceeds of $1.65 billion, including customary ...
Tags: Metallurgy, Mineral, Energy
China's overseas real estate investment continued to grow. According to the latest data show that by the end of the third quarter of 2013, China's overseas real estate investment rose 25%, turnover topped $5 billion, surpassing the ...
On Nov. 26, 2013, Toyo Tire & Rubber Co. Ltd. entered into a plea agreement with the United States Department of Justice (DOJ) agreeing to pay a fine of $120 million based on charges that it violated U.S. anti-trust laws in connection with ...
Tags: Toyo Tire&Rubber, Parts Plea Deal, Fined
As reported by Germany's Federal Statistical Office (Destatis), the German economy continued to grow in the third quarter of the current year, following the momentum gained in the second quarter. The country's price, season and calendar ...
It’s reported that the Russian steel pipe producer TMK’s net profits dropped by 13% from a quarter ago to US$35 million in the third quarter of this year, according to the international financial reporting standards (IFRS). ...
BlackBerry hopes to make it easier for Android applications to run on its latest smartphones. A recent upgrade to its developer tools has attempted to reduce the amount of work required to get an Android app working on the BlackBerry 10 ...
Tags: Blackberry, Android App, Support, smartphone
The third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, offsetting the EUR32.5m loss registered in the ...
Tags: export, Cementos Molins, offset, domestic, loss
Saudi Cement Company has announced that a pair of kilns (4 & 5) at its factory in Hofuf, which are currently being upgraded with a view to being reopened during the current quarter, will not now open until the third quarter of next year. ...
Tags: Saudi Cement, kiln, remain, action
In its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 13 percent quarter on quarter to $35 million. In the ...
Titan International Inc.'s management goals for 2014 include the possibility of four acquisitions, according to Chairman and CEO Maurice Taylor. "In the past few years, Titan International has gone from a North American farm wheel and ...
Tags: Titan, performing, due, diligence
Pentair and The Pentair Foundation are working with non-governmental organizations (NGOs) including Water Missions International (WMI), Action Against Hunger and the American Red Cross to help provide funds and support for clean water, and ...
Tags: Pentair, mobilize, resource, support, Typhoon Haiyan, relief, effort
BlackBerry has continued its clear out of top level staff by removing COO, Kristian Tear, and CMO Frank Boulben. Interim CEO, John Chen, who was appointed on November 4 after the ousting of Thorsten Heins, hasn’t hesitated to pull ...