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Italy's SELI,in Which The Company Has Equities,Has Filed with The Italian Court
Oct 7, 2013Qinhuangdao Tianye Tolian Heavy Industry announces that Italy's SELI, in which the company has equities, has filed with the Italian court for bankruptcy protection as it fails to pay due debts. The company believes that there are many ...
Tags: Construction, Decoration
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China Has This Week Ordered 58 Companies to Cut Excess Production Capacity
Sep 26, 2013China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy
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Suntech Saw 37 Solar Power Stations Invested by Global Solar Fund
Sep 25, 2013Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy
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The First Saab-Badged Vehicle Built Under The Control of New Owner NEVS
Sep 23, 2013The first Saab-badged vehicle built under the control of new owner National Electric Vehicle Sweden (NEVS) has rolled of the production line at the former Swedish brand's Trollhattan assembly plant. The first pre-production car to be ...
Tags: car, auto, Transportation
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Filigree Inlaid Metal Art Is One of The Eight Traditional Arts and Crafts of Beijing
Sep 18, 2013Filigree inlaid metal art is one of the eight traditional arts and crafts of Beijing. Use of the filigree-inlay process began during the Spring and Autumn Period (770-476BC), and the process flourished during the Ming Dynasty ...
Tags: Metal Art, filigree-inlay
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Furniture Brands International Has Received Court Approval
Sep 16, 2013Furniture Brands International has received court approval that will allow it to continue to pay its bills and meet other obligations involving the servicing of accounts. The company announced Thursday that its motions filed Sept. 9 as ...
Tags: Furniture, Furnishing
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Furniture Brands Canada Has Declared Bankruptcy and All Employees Have Been Let Go
Sep 16, 2013Furniture Brands Canada has declared bankruptcy and all of its salaried employees have been let go. The move was made after its U.S. parent company sought Chapter 11 court protection from its creditors earlier this week. Furniture Brands ...
Tags: Furniture, Furnishing
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Lyondellbasell Ensures Continued Strong Leadership and Executive Continuity at The Company
Sep 16, 2013LyondellBasell announced that it has entered into a new contract with CEO James L. Gallogly and taken other steps to ensure continued strong leadership and executive continuity at the company. "The company has been transformed in recent ...
Tags: LyondellBasell, Textile
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A New Potential Bidder for Furniture Brands Emerged at a Bankruptcy Hearing
Sep 13, 2013A new potential bidder for Furniture Brands International assets, which would include the purchase of the company's Lane business, emerged at a bankruptcy hearing here Wednesday, the Wall Street Journal reported. KPS Capital Partners, a ...
Tags: Furniture, Furnishing
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With The Bankruptcy of Furniture Brands, Attending Premarket Were Optimistic
Sep 11, 2013With Furniture Brands International's bankruptcy filing finally behind it and court pending financing lined up, retailers attending Premarket here were largely optimistic the news will lead to better times for Thomasville, Broyhill and ...
Tags: Furniture, Furnishing
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Microsoft's Acquisition of Nokia Was a Defensive Move to Keep The Finnish Phone Maker
Sep 9, 2013Microsoft’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
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Accounts Receivables for China's Major Coal Companies Reached $54.03bn at The End of June
Aug 30, 2013Accounts receivables for China's major coal companies reached 330.8 billion yuan ($54.03 billion) at the end of June, the highest level over the past decade, official industry figures showed. According to China National Coal Association, ...
Tags: Metallurgy, Mineral, Energy
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James P.Bouchard Will Reassume CEO Duties of Esmark Steel Group for Ohio Mill Restart
Aug 29, 2013Esmark Inc. has announced management changes for its Esmark Steel Group subsidiary. As part of the management realignment, Esmark Inc. Chairman and CEO James P. Bouchard will reassume CEO duties of Esmark Steel Group. Esmark Inc. Chairman ...
Tags: Steel Group, Mineral
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AIG Agreed to Terminate an Interest Rate Swap Agreement with Brookfield Asset Management
Aug 28, 2013American International Group (AIG) has agreed to terminate an interest rate swap agreement with Brookfield Asset Management in exchange for a payment of $905m. The agreement was part of the remaining derivatives portfolio of AIG Financial ...
Tags: Brookfield, AIG
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"Solar Meets Glass-4th Industry Summit for Markets, Costs and Technology" Was Cancelled
Aug 22, 2013The "Solar meets Glass – 4th Industry Summit for Markets, Costs and Technology," scheduled to take place at the Radisson Blu Scandinavia Hotel Düsseldorf on 9 and 10 October, has been cancelled. Over the course of the current ...
Tags: Glass, Construction, Decoration
