It is reported that Finnish nickel miner Talvivaara, struggling for cash could be rescued by the Finland government. Just a few months ago, Talvivaara had a fundraising but is still struggling for cash. The government's rescue plan could be ...
The remaining former assets of bankrupt auto parts giant Fenco are up for bid following the successful large-lot sale of the majority of the assets. Tiger Group's Remarketing Services Division is liquidating the bankrupt companies' ...
Tags: Fenco, brake calipers
A common source of water-cooler conversations is the federal government shutdown in early October and the overall ineffectiveness of our federal legislative and executive branches. If we - the American People – operated our ...
Tags: Agriculture, Food
Microsoft’s acquisition of Nokia was a defensive move to keep the Finnish phone maker from going under or falling into the hands of an Android-first rival, several analysts argued this week. “Had Nokia abandoned Windows Phone, ...
Tags: Nokia Deal, Microsoft
Chang Wah Electromaterials (CWE) announced recently it will withdraw from Top Energy Saving System's (TESS) board. CWE planned to take over TESS management and acquire the company, but the merger deal has been called off since TESS former ...
US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
A credit crisis in Shenmu, a bustling northwest China county that built its riches on coal, has stoked concerns regarding how quickly the country can complete its economic transition. Hundreds of underground banks that mushroomed in ...
Tags: Economic Transition
In early 20th-century China, personal transportation didn’t get much better than a rickshaw. On the other side of the world, automakers like Winton Motor Carriage Company in Cleveland, Ohio were bringing automobiles to the masses. ...
A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
Asian styrene monomer prices rose $8/mt from Wednesday's assessment, with Thursday morning pegs assessed at $1,808.50/mt FOB Korea and $1,837.50/mt CFR China amid market talk that Saudi Petrochemical Co, or Sadaf, has shut its 580,000 ...
Tags: Asian styrene monomer, Chemicals
Chinese photovoltaic (PV) firms transfer production capacity overseas in succession in a bid to reduce impact delivered by anti-dumping tax imposed on their exports. Comtec Solar Systems Group Ltd. (SEHK: 0712), a Shanghai-based PV ...
Tags: PV, Electronic
LOOK around any of Bristol's main tourist destinations and you'll see Bristol Blue glass for sale. In fact its connections with the city are so strong that Harvey's Bristol Cream sherry, although no longer bottled here, is available in blue ...
Tags: Blue Glass, City Industry
Luxury plug-in hybrid carmaker Fisker Automotive looks set to file for bankruptcy protection in the US as soon as this week, according to latest reports. Under pressure from the US Department of Energy (DOE) to re-pay nearly US$200 ...
Hostess Brands, a US-based bankrupt producer of bakery products, has attained US Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in separate transactions that are ...
Bimbo Bakeries USA, the American arm of Mexican baking company Grupo Bimbo, has acquired the Beefsteak bread brand from Hostess Brands, the US-based bankrupt producer of bakery products, for $31.9m. The Beefsteak brand has been acquired ...
Tags: Bimbo, Hostess'Beefsteak Bread, Food