Chinese manufacturers enjoyed a strong end to the year with operating conditions improving at the fastest rate for 19 months, according to HSBC's latest Purchasing Managers' Index™.
Sino-Global Shipping America, Ltd., a provider of shipping agency services, has established a new wholly-owned subsidiary, Sino-Global Shipping Canada Inc.
In the woods of east Mississippi, a subsidiary of Atlanta-based Southern Co. is pouring billions of dollars into construction of a power plant that burns coal but would emit less carbon dioxide. It’s a response to looming federal limits on carbon emissions as regulators try to curtail global warming.
BBVA acts as sole financial advisor of Abertis and has led the financing of the transaction whereby the consortium of infrastructure management company and Brazilian bank BTG Pactual completed today the acquisition of the operating agreement of Cadí and Vallvidriera Tunnels, privatized by the Generalitat of Catalonia, for a period of 25 years.
Progress Energy Florida, a subsidiary of Duke Energy, is urging customers to be on alert for a new utility bill payment scam affecting customers across the country.
National Health Investors, Inc. announced today it has sold its 148-bed, Edison, New Jersey senior living campus for $23 million to its current tenant, Sunrise Senior Living, pursuant to a purchase option between the parties.
Duke Energy International (DEI), a subsidiary of Duke Energy Corporation, is pleased to announce the acquisition of CGE Group's Iberoamericana de Energía Ibener S.A. (Ibener) subsidiary in Chile, including hydroelectric generating assets with 140 megawatts of installed capacity, for $415 million.
IBM and Kraft Foods (part of the Mondelez International group of companies) today announced the extension of their engagement until September 2015 to continue helping Kraft in their strategy of implementing three SAP instances globally in three years.
National Health Investors, Inc. (NYSE:NHI) announced today a $20.2 million purchase of Charleston House, a 120-unit assisted living and memory care facility in Beaver Dam, Wisconsin.
Last month, Hankook Delcam, Delcam’s Joint Venture in South Korea, won the award for Excellence in Sustainability Management at the Corporate Sustainability Management Awards held by the South Korean Ministry of Knowledge and Economy and co-sponsored by the country’s Small and Medium Business Administrator.
Delcam’s PartMaker Division will host a nine-city tour across the USA, starting in January, to educate customers and prospective users on the new technology available in the new 2013 software release.
Kathrin Amacker-Amann, Head of Corporate Communications since autumn 2010 and Member of the Group Executive Board at Swisscom, will be leaving the company in 2013 at her own request.
Delcam has launched the 2013 version of its PartMaker CAM software for the programming of production-machining equipment such as turn-mill centres, bar-fed mills and Swiss-type lathes. Among a number of other enhancements, this new version features a totally revamped surface-milling module offering users some of the most powerful CAM algorithms on the market.
The Tata Safari Storme is in search of its 'Biggest Fan', through a contest on Facebook. Through the 'Biggest Fan' contest, 3 winners will receive an opportunity to experience the thrills of off-roading, in the new Safari Storme. The contest is open to participants from Dec 10 - 20, 2012.
HSBC has reached agreement with United States authorities in relation to investigations regarding inadequate compliance with anti-money laundering and sanctions laws.
Tata Motors has announced the 'Ultimate December offer', ranging from Rs 25,000 to Rs 150,000, including cash benefits and exchange offers. These offers are also applicable on accessories, extended warranty and on a host of other value added services. The scheme is valid till December 31, 2012.
NV Energy will be accepting applications for WindGenerations, the company’s rebate program for small wind turbines, from Friday, Dec. 14, until Friday, Jan. 11, at 5 p.m. If any categories for applications are oversubscribed, successful applicants will be chosen by a lottery.
Swisscom has won Connect magazine’s network test for the fourth year in a row and has proven once again that they are the Swiss market leaders in mobile communications by receiving top marks for both telephony and data communication services.
BioCryst Pharmaceuticals, Inc. announced today that in response to recent events and an assessment of its assets, the Company is restructuring and implementing a focused strategy to advance its hereditary angioedema (HAE) and antiviral programs.
The new release of Delcam’s ArtCAM Pro CADCAM software for artistic applications has made it much easier to create complex designs, especially those that include repeated elements that are similar but not identical within the design.
Bank of America Corporation announced today, in connection with its pending offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 5.70% Senior Notes due 2034 (CUSIP No. 55262CAJ9) issued by MBIA Inc., a Connecticut corporation, that it has waived all conditions to the Tender Offer, except for the General Conditions [as defined in the Offer to Purchase dated Nov 13, 2012
Following the approval by the Oslo Stock Exchange, BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] today published the offer document for the public takeover offer to the shareholders of Pronova BioPharma ASA, Lysaker, Norway [OBX: PRON]. Pronova is a pioneer in the field of research, development, and manufacturing of omega-3 fatty acids .
The Principles for Social Investment Secretariat and United Nations Global Compact has granted BBVA the Social Investment Pioneers Award in the Social Business category for its contribution to the development of the communities where it operates through the BBVA Microfinance Foundation.
Delcam has extended its 20-year partnership with Russian automotive manufacturer, AutoVAZ, with an agreement covering support and maintenance for the coming year.
The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, has opened the 127-room Park Inn by Radisson Lille Grand Stade in France.
Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in November 2012 were 66,500 vehicles. The company's domestic sales of Tata commercial and passenger vehicles for November 2012 were 62,354 nos., over 72,474 nos., sold in November last year.
Swisscom has just launched the Quing Home building automation system. It is the first offering in Switzerland to combine building automation, security and energy management in one package.
Delcam’s PowerMILL software for five-axis machining is being used to program a novel machining method for the creation of "fir-tree” profiles in components for turbo machinery.
Adding a five-axis DMS CNC router programmed with Delcam’s PowerMILL CAM system for five-axis machining has made it possible for film and events company, Golden Era Productions, to produce sets and props as big as ten feet by five feet by four feet in a single set-up, even when the pieces include complex, highly-detailed 3D surfaces.
Delcam CRISPIN presented the latest developments in its range of software for footwear design and manufacture to more than 250 customers at its latest user meeting in Quanzhou, China, last week.
Bank of America Corporation today announced it will report its fourth-quarter 2012 financial results on Thursday, January 17, 2013. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.
The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, announces the Radisson Blu Beach Resort & Spa, Sochi.
BASF has completed the acquisition of Becker Underwood from Norwest Equity Partners, a U.S.-based private equity investment company, for a purchase price of US$1.02 billion (€785 million).
Florida Governor Rick Scott and Harris Corporation President and CEO William Brown joined other state and local dignitaries today for a groundbreaking ceremony signaling the beginning of construction of the new $100 million Harris Technology Center on the company's Palm Bay, Florida campus. The center is expected to be completed in late 2014.
Bank of America Chief Executive Officer Brian Moynihan will present at the Goldman Sachs Financial Services Conference on Tuesday, December 4, 2012 at 9:30 a.m.
The University of Florida (UF) is reducing its energy costs and promoting renewable energy, thanks to the installation of a 100-kilowatt (kW) solar photovoltaic (PV) system from Progress Energy.
The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, has launched the perfect Christmas card: a personalised gift card for stays in hotels of the brands Radisson Blu, Park Inn by Radisson and Hotel Missoni across Europe and the Middle East.
Tata Motors today made its maiden entry in the Bangladesh new car market, introducing two sedans and a hatchback. They are the Tata Indigo eCS, India's most fuel-efficient compact sedan, the Tata Indigo Manza, a luxury sedan, and the Tata Indica Vista hatchback, with class defining space. The Manza and the Vista are born out of Tata Motors' new car platform.
With Christmas Day less than a month away, new research from the Commonwealth Bank of Australia has revealed that Aussies are set to spend over $16.2 billion, on everything from festive vacations to the Boxing Day sales, during Christmas 2012.
According to IBM, US shoppers once again took advantage of early promotions this holiday season, driving a 17.4 percent increase in online sales Thanksgiving Day. This increase set the stage for 20.7 percent growth on Black Friday.
Delcam is pleased to announce that it has converted the software division of its Australian reseller Camplex into a wholly-owned subsidiary, Delcam Australia, covering the sales and support of Delcam software products in Australia.
Delcam is offering free use of its online CAD data-exchange service, Delcam Exchange, from 21st to 26th November. The normal pay-as-you-go fee of £34 (approximately US$50) per model will be waived for unlimited use of the service during this period.
In October, RWE Innogy, together with Portuguese partners, officially commissioned the Agilde hydroelectric power plant in Portugal after 18 months of construction.
BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] plans to acquire Pronova BioPharma ASA, Lysaker, Norway, [OBX: PRON], a pioneer in the field of research, development, and manufacturing of omega-3 fatty acids.
Delcam India will demonstrate the new Vortex strategy for high-speed area clearance on at the IMTEX 2013 machine-tool exhibition to be held in Bangalore from 24th to 30th January.
Rezidor, the leading international hotel operator in Russia/CIS & Baltics and a member of the Carlson Rezidor Hotel Group, has opened their latest flagship in Russia - the 508-room Radisson Blu Resort & Congress Centre, Sochi. Enjoying a prime waterfront location in Sochi, the stunning property is all set to become a major landmark.
IBM today announced that it is collaborating with Hong Kong Department Stores to help them expand internationally and increase customer loyalty by deploying a new digital analytics commerce initiative.
Additive manufacturing and machining are usually regarded as competing processes. However, the two technologies are being combined in a project at the French research centre PEP, where Delcam’s PowerSHAPE CAD software and PowerMILL CAM system are being used to finish machine parts created by laser sintering.
Delcam Indonesia will demonstrate the 2013 releases of Delcam’s PowerSHAPE CAD software, PowerMILL CAM system and PowerINSPECT inspection software at the Manufacturing Indonesia exhibition to be held in Jakarta from 5th to 8th December.
Jan Willem Gunnink, Manager of Research & Development Projects in Europe for Delcam, and four other colleagues from the company joined the consortium partners of the FoFdation project at ECN in Nantes, France, from 16th-19th October 2012 to share results and update everyone on the progress made so far towards achieving the project objectives.
The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, announces two new Radisson Blu hotels in Germany.
In a move to enable the company to machine larger and more complex plastic parts to high levels of precision, dalau has added a new DMG machine, programmed with Delcam’s FeatureCAM feature-based CAM system, and a Hexagon inspection arm using PowerINSPECT inspection software.
Tata Nano makes this festive season special with the Nano Special Edition, with a bouquet of new features - of stylish exteriors, new utilities and infotainment.
Delcam will demonstrate the 2013 releases of its PowerSHAPE CAD software and PowerMILL CAM system at the Southern Manufacturing exhibition to be held in Farnborough on 13th and 14th February.
Tata Motors has announced an irresistible package of benefits this festive season, on accessories, extended warranty and on a host of other value added services, ranging from Rs 25,000 to Rs 1,30,000. These offers are applicable on Tata Motors entire range of passenger cars and utility vehicles, till November 17.
Fifty years after its founding sees BASF Polyurethanes GmbH in Lemforde continuing its success story. With the construction of a new production complex for thermoplastic polyurethane (TPU) the enterprise is making the biggest single investment at the site to date.
RWE Innogy and Essent have inaugurated two Repower 6M wind turbines in the Dutch city of Eemshaven. The turbines each have a rated power of 6.15 MW and a hub height of 114 meters. The same turbine type will also be used in the wind farm Nordsee Ost in German waters.
BASF, the world’s leading chemical company, today inaugurated its first BASF Innovation Campus Asia Pacific and its new Greater China headquarters. The € 55 million expansion of BASF’s site in Pudong, Shanghai, where the new facilities are located, marks the company’s most important innovation investment in the region to date.
BASF is investing approximately €90 million in the first step to build a mobile emissions catalysts production facility in Środa Śląska, a Special Economic Zone near Wrocław, Poland. Construction of the new 40,000 square meter facility – BASF’s largest in Europe – will begin before the end of 2012.
ASF is optimizing its organizational structure to better serve its customer industries and enhance its operational and technology excellence. The changes reflect the company’s “We create chemistry” strategy which outlines how BASF aims to strengthen its position as the world’s leading chemical company.
Our strategy and business model have enabled us to have a strong quarter. Although reported profit before tax for the third quarter was US$3.7bn lower than the same period in 2011, underlying profit was up US$2.8bn to US$5.0bn, and it is on this basis that we measure our performance.
Delcam will demonstrate the latest developments for the motorsport industry in its design, machining and inspection software at the Autosport Engineering exhibition to be held at the NEC, Birmingham, on 10th and 11th January.
Commonwealth Bank and Myer have today announced a department store first, instant redemption of rewards points for Commonwealth Bank Awards credit card customers in store at Myer.
Brett L Hopkins, Manager of Delcam Professional Services North America, will present the latest developments in adaptive techniques for the manufacture and repair of turbine blades at the Power-Gen International Conference to be held in Orlando, Florida, from 11th to 13th December.
Delcam has introduced a new version of its DentMILL 2012 dental milling software tailored specifically for the production of crowns and bridges in zirconia, wax and PMMA on the Roland DXW-50 desktop machining system.
Carlson Rezidor Hotel Group, one of the world’s largest and most dynamic hotel groups, today shared the results of the company’s 9th Annual Responsible Business Action Month.
RWE npower and E.ON UK have today signed the sales agreement for their 50:50 Horizon joint ventures in the UK. The buyer, Hitachi Ltd., will continue to pursue plans to build new nuclear power stations at Wylfa in Wales and Oldbury-on-Severn in the south-western UK.
IIT Kharagpur's Deepit Purkayastha was today chosen as the Nano Student of the Year. Tata Motors launched the 'Nano Student of the Year' contest on September 14, 2012, for all college students in India, to mark its association with one of Bollywood's biggest releases this year, 'Student of the Year', a romantic comedy, directed by Karan Johar.
Harris Corporation (NYSE:HRS), an international communications and information technology company, has received a $50.5 million delivery order for advanced satellite communications terminals under the U.S. Army's Modernization of Enterprise Terminals (MET) program.
Delcam GmbH will demonstrate the 2013 releases of Delcam’s PowerSHAPE CAD software and PowerMILL CAM system at the Euromold exhibition to be held in Frankfurt from 27th to 30th November.
Harris Corporation (NYSE:HRS) reported revenue in the first quarter of fiscal 2013 of $1.26 billion compared with $1.34 billion in the prior year. GAAP income from continuing operations was $129 million, or $1.14 per diluted share, compared with $131 million, or $1.09 per diluted share. Non-GAAP income from continuing operations in the prior year was $138 million, or $1.14 per diluted share.
Delcam will demonstrate the 2013 version of Delcam for SolidWorks, the integrated CAM system for SolidWorks, on booth 605 at SolidWorks World in Florida from 20th to 23rd January.
Bank of America Chief Financial Officer Bruce Thompson will present at the BancAnalysts Association of Boston Conference in Boston on Friday, November 2, at 11:30 a.m. Eastern Time.
Tata Motors has introduced 'Tata Alert', a highway assistance programme for medium and heavy commercial vehicles, which will be available across all national highways in India. Through 'Tata Alert', drivers will receive on-site breakdown assistance within 4 hours of dialing a toll-free helpline number (1800-209-7979).
Delcam Thailand will demonstrate the latest developments in Delcam’s complete range of CAM software at the Metalex exhibition to be held in Bangkok from 21st to 24th November.
A new module has been made available for the latest version of Delcam’s PowerINSPECT inspection software that allows the software to create efficient inspection sequences for use on dual-column CNC coordinate-measuring machines.
RWE Dea Norge AS, a subsidiary of the German oil and gas company RWE Dea AG, has signed an agreement with Dolphin Drilling AS to use the Bredford Dolphin rig, in cooperation with three other oil companies.
According to the second JAMES Study conducted by Swisscom and Zurich University of Applied Sciences, more and more young people use the Internet while on the move , prefer smartphones and enjoy accessing several media simultaneously on different devices.
Swisscom is adjusting its combined offerings for fixed-line telephony, Internet and Swisscom TV: From 29 October the new Vivo Casa package will include unlimited fixed-line telephony to all Swiss networks.
The joint venture between Aziende Municipalizzate di Bellinzona (AMB) and Swisscom for the construction of a fibre-optic network in the Bellinzona region can get under way now that Bellinzona’s Communal Council, on 22 October, has given its approval.
Tata Motors today launched its new passenger car dealership, in Baner, Pune. Concorde Motors, a wholly owned subsidiary of Tata Motors today established its first sales outlet in the city.