Intel Corporation and Altera Corporation have recently announced their definitive agreement proclaiming the acquisition of Altera by Intel for US$54 per share in an all-cash transaction, totalling $16.7 billion.
Read more...Sandvik Coromant have announced that they received the Volvo Cars Award of Excellence 2014 in the Special Recognition category. Over 200 people saw the prize presentation at the awards ceremony held at Volvo Cars headquarters in Gothenburg, Sweden, in January.
Read more...Indonesia records a 4.71 percent year-on-year growth in the first quarter of 2015 (Q1), arousing concern in her investors regarding the forecast of her economy for the year. These are further fuelled by the rising inflation in the country, and the continual contraction of the manufacturing sector.
Read more...RS Components (RS) has signed a global distribution agreement with Chauvin Arnoux, a company dealing with electrical test and measurement equipment, and has extended the partnership to all markets in the Asia-Pacific and the Europe, Middle East and Africa (EMEA) regions.
Read more...ASL Marine Holdings Limited (ASL Group), a company offering a variety of services in shipbuilding, shiprepair and conversion, shipchartering and dredging engineering, reports that the marine sector is still going strong this year despite a setback in 2014. The group reported a revenue of S$63.4 million (US$46.8 million) and net profit attributable to shareholders of S$1.9 million (US$1.4 million) for the third quarter of their financial year (3QFY2015; January to March 2015).
Read more...China’s steel exports are unlikely ‘to fall much’ this year, says the China Iron & Steel Association (CISA), as low prices and a steady demand balance the scrapping of an export tax rebate on certain products.
Read more...RS Components (RS) has recently announced that it has a new distribution agreement with FLIR Systems so as to provide customers with access to portable thermal imaging instruments that suit testing, troubleshooting and building-maintenance applications.
Read more...Construction firm China Railway Group has secured a CNY2.4 billion (US$396m) contract to build a high-speed railway (HSR) line in Russia connecting Moscow with the city of Kazan.
Read more...FCI announced earlier this month the release of their new GCS, a silver-based plating technology.
Read more...In the recent April East Asia and Pacific Economic Update by the World Bank, the economic growth forecast for Indonesia this year was revised down from the 5.6 percent year-on-year forecast in October 2014 to 5.2 percent.
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