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ZF Increases Profitability in The First Half of 2016
Aug 15, 2016Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
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China to Promote Direct Financing
Dec 24, 2015The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...
Tags: Direct Financing
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The Reason Why Medtronic's Move Has Been So Unfortunate
Jan 30, 2015Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
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Germany's Henkel Can Spend up to 5 Billion Euros on Further Acquisitions
Aug 13, 2014Germany's Henkel can spend up to 5 billion euros ($6.8 billion) on further acquisitions without putting its credit rating at risk, the maker of household goods and industrial glues told a German newspaper. "We can spend between 4 and 5 ...
Tags: Germany, Henkel, Constructio
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Baosteel Made an Announcement Announcing It Successfully Issued $500 Million Foreign Bonds
Dec 17, 2013On December 7, Baosteel Co., Ltd made an announcement, announcing it successfully issued $500 million foreign bonds. The issuance of dollar bonds was the first time for Baosteel Co., Ltd to use a wholly owned overseas subsidiary Bao-Trans ...
Tags: Metallurgy, Mineral, Steel
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China's Local Officials May Seek to Clear up Financial Disarray by Developing Bond Markets
Nov 17, 2013When the world was digesting news of Detroit’s bankruptcy in July, the biggest ever by a municipality in the US, attention in China turned to the highly indebted government of Jiangsu province. Provincial, city and county authorities ...
Tags: Bond Markets, Local Officials
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Clondalkin Told PN,It Has Completed a Highly Successful Seven Year Refinancing of Its Debt
Jul 23, 2013Clondalkin told PN that it has completed a highly successful seven year refinancing of its debt and is well placed to continue with its progressive development plans. According to the firm, the refinancing is one of the biggest composite ...
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The List of 2013 Fortune Global 500 Companies Was Released
Jul 18, 2013On July 8th, the list of 2013 Fortune Global 500 Companies was released. Baosteel was ranked No. 222 with operating revenue of 45,682.7million USD and net profits of 918.8million USD. It had been consecutively ten years that Baosteel was ...
Tags: Metallurgy, Mineral, Energy, steel
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What Does It Take to Shake The Chinese Market?
Jul 1, 2013What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks
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Foxconn's Hon Hai Precision Industry Co. Has Set up a Japanese Research Center
May 31, 2013Foxconn's Hon Hai Precision Industry Co. has set up a Japanese research center devoted to display and touch technologies that could end up hiring staff away from Sharp. The new center, called Foxconn Japan RD Co., represents a major ...
Tags: Foxconn, Research Center, Sharp
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Smartglass Wins The Contract to Supply Privacy Glass to The New Nationwide Office in Londo
Apr 12, 2013Smartglass has recently won the contract to supply privacy glass to the new Nationwide Office in London. In conjunction with Mace and Optima Partitioning, Privacy Smartglass will feature in the CEO and excutive offices. Located ...
Tags: Smartglass, glass
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A Site That Published The Private Information and Credit Reports Last Week Went Offline
Mar 20, 2013A site that published the private information and credit reports of several celebrities and other public figures last week went offline on Sunday. The last person to have his alleged private information exposed on the site was CIA director ...
Tags: site, Social Security, pages
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Genworth Financial Has Appointed Michael Derstine as The New Chief Risk Officer
Jan 16, 2013Genworth Financial has appointed Michael Derstine as the new chief risk officer (CRO) for its US Mortgage Insurance (USMI) unit, effective from 03 January 2013. Derstine joins Genworth from Republic Mortgage Insurance Company (RMIC), ...
Tags: USMI, Genworth Financial, Michael Derstine, CRO
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Fitch Ratings Said The Government Can Influence PGCIL's Financial and Operating Decisions
Jan 7, 2013PTI reported that two rating agencies Standard & Poor's and Fitch have assigned negative outlook to state owned transmission utility Power Grid Corporation in line with the sovereign credit rating outlook of the country. S&P said that ...
Tags: Rating Agencies, PGCIL, Fitch Ratings
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BOC and Baosteel Sign Cash Management Agreement Signing Ceremony Is Held in Shanghai
Jan 7, 2013On December 21,2012,Bank of China and Baosteel Group global cash management service overall framework agreement signing ceremony is held in Shanghai.As one of the first batch of"multinational company headquarter funds centralized ...
Tags: BOC, Baosteel Group, global cash management service agreement
