at the very Core of it all … is Content!
1. Venezuela IBC: 302.8% Venezuela’s abysmal inflation rate, which stood at 19.9 percent, is helping to juice stocks. A massive increase in government spending in the run-up to October’s presidential elections spurred consumption. 2. Turkey XU100: 53.3% Hot inflows of $15 to $20 billion in foreign direct investment have fueled this market’s growth. As well, …
A total of 621 042 572 new shares were subscribed for in Outokumpu Oyj’s directed share issue to ThyssenKrupp AG. This represents 29.9% of the outstanding shares of Outokumpu immediately following the completion of the directed share issue. These new shares were registered with the Finnish Trade Register today, on December 31, 2012. These new …
Outokumpu Oyj (business identity code: 0215254-2) has received a notification based on Chapter 2, Section 9 of the Finnish Securities Market Act from Ilmarinen Mutual Pension Insurance Company (business identity code: 0107638-1). Such notification by Ilmarinen contains the following information: Due to the share subscription made by ThyssenKrupp on December 28, 2012 and the registration …
Competition Commission of India (CCI) – Promoting Fair Competition for the Consumers. Free and fair competition is one of the pillars of an efficient market economy. Therefore, competition has become a driving force in the global economy. In India, Competition Commission of India (CCI) was set up in March, 2009 under the Competition Act, 2002 to protect …
Despite negative signals from the global economy, the number of foreign tourist arrivals in the country in 2012 (up to November) showed an increase of about 6 % over the same period of 2011. During the period January- November 2012, 58.99 lakh tourists visited India against 55.72 lakh in 2011.Similarly foreign exchange earnings from tourismin rupee terms during 2012 ( …
Steel Sector Trends India has become the 4th largest producer of crude steel in the world as against the 8th position in 2003 and is expected to become the 2nd largest producer of crude steel in the world by 2015. India continues to maintain its lead position as the world’s largest producer of Direct Reduced Iron (DRI) or …
(Munich, December 28, 2012) Onex Corporation (“Onex”) (TSX: OCX) today announced that it has completed the acquisition of KraussMaffei Group, a leading manufacturer of plastic and rubber processing equipment, for € 568 million. Onex Partners III invested $ 353 million, of which Onex’ share is about $ 89 million as a limited partner in the Fund.www.kraussmaffeigroup.com About KraussMaffei Group The …
Outokumpu Oyj (business identity code: 0215254-2) has received a notification based on Chapter 2, Section 9 of the Finnish Securities Market Act from ThyssenKrupp AG (registered in the commercial register of the Local Court in Duisburg under HRB 9092 and in Essen under HRB 15364). Such notification by ThyssenKrupp contains the following information: Outokumpu and …
In order to boost production and gain greater flexibility, Aluminij d.d. Mostar, Bosnia and Herzegovina, has placed an order with Hertwich Engineering, Austria, for the supply of a belt-type ingot casting line. The line comprises a melting and casting furnace and an air-cooled belt-type ingot caster. It has a design capacity of 101 of ingots …
The Chinese company Huitong Jincheng Precision Metal Manufacturing near Shanghai has ordered six drawing machines from SMS Meer, Germany, – two with integrated chamfering machines. With these machines, Huitong Jincheng aims to meet the high demand for bright steel products in China. The six machines draw, cut and straighten the bars at a speed of …