Tag: world news
Rolls-Royce wins largest ever order from Emirates Airline worth $9.2bn
Rolls-Royce has announced that it has received its largest ever order from Dubai-based Emirates Airline worth $9.2 billion.
Under the terms of the agreement the company...
Nokia and Alcatel-Lucent to merge
Nokia is about to buy Alcatel-Lucent for $16.6 billion and completely redefine the struggling telecom equipment sector.
According to the official press release, the two...
GE sells Real Estate, dismantles GE Capital
General Electric has announced that it is selling off its real estate assets and much of GE Capital to focus on its industrial businesses,...
Novartis, GSK shake up pharmaceutical industry with major deals
Pharmaceutical giant Novartis and global healthcare company GlaxoSmithKline (GSK) have announced a series of transactions worth billions of dollars that will transform both firms'...
New Zealand’s manufacturing activity continues expansion in March
Activity in the manufacturing sector has expanded in New Zealand for the 19th consecutive month in March as the BNZ-Business NZ seasonally adjusted performance of...
Lafarge and Holcim agree to a merger of equals
The world's two largest cement makers, Swiss-based Holcim and France's Lafarge, have agreed on the terms of a merger that would create the most advanced...
Ex-BP boss Hayward could take role of chairman at Glencore Xstrata permanently
Former BP chief executive Tony Hayward is one of the three shortlisted candidates for the chairman position at commodities trading and mining firm Glencore...
Study finds consumers prefer aluminum closures for wines and spirits
A survey of five major European markets and the United States has found that consumers prefer aluminum closures for wines and spirits as it...
Alcoa expands wheel manufacturing plant in Hungary to meet European demand
Aluminum giant Alcoa is expanding its wheel manufacturing plant in Hungary through a US$13 million investment that would help the company meet growing demand for...
Silica manufacturer Evonik expands production in Thailand
Specialty chemicals manufacturer Evonik has expanded its production of precipitated silica in Rayong, Thailand, as the company increases its current capacity for various industries...
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