Category «News»

Focus Softnet Unveils New Corporate Identity

Focus Softnet, the leading software development company, today unveiled its dynamic new corporate identity with its latest brand logos for its products to be rolled out progressively at GITEX Technology Week 2012. The fresh brand identity represents the company’s image as a provider of state-of-the-art software solutions with consistently growing revenues and reach. The logos …

STMicroelectronics and Preventice Partner to Deliver Real-World Remote Monitoring

STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and PreventiceTM, a leading developer of mobile health solutions and remote monitoring systems, announced today that ST is providing wearable body sensor technologies to power the new BodyGuardian Remote Monitoring System (RMS)TM from Preventice. Preventice recently announced its receipt of …

worldsteel Short Range Outlook 2012

New Delhi 11 October 2012 – The World Steel Association (worldsteel) today released its October 2012 Short Range Outlook (SRO) for 2012 and 2013, the half year revision from its April 2012 statement. worldsteel forecasts that global apparent steel use will increase by 2.1% in 2012, which is considerably lower than the 6.2% growth achieved …

Ternium receives payment of all outstanding amounts in connection with Sidor’s nationalization

Luxembourg, October 10, 2012 – Ternium S.A. (NYSE: TX) announced today that it has received payment of the unpaid portion of the agreed-upon compensation for the May 2009 transfer of its interest in Sidor. Ternium received USD136.7 million. The receipt of this payment resolves the pending dispute with Venezuela relating to the nationalization of Sidor, …

Greenpeace activists evade security at nuclear Swedish power plants

Stockholm, October 10, 2012 – Exposing the vulnerability of Swedish nuclear power plants, at least seven Greenpeace activists stayed more than 24 hours undetected at two sites following a test of their security procedures. More than 70 Greenpeace activists entered the Ringhals and Forsmark nuclear power plants on Tuesday to hold peaceful stress test of …

World Steel Association elects new officers and welcomes new members

New Delhi, 10 October 2012 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2012/2013: Chairman: Alexey Mordashov, General Director, Severstal JSC Vice Chairmen: Xiaogang Zhang, President, Anshan Iron & Steel Group Corporation Joon-Yang Chung, Chairman and CEO, POSCO Treasurer: John Surma, Chairman and CEO, United …

Government notifies scheme for Financial Restructuring of State Owned Distribution Companies

The Government has notified a scheme for Financial Restructuring of State Owned Distribution Companies (Discoms) on 05.10.2012. The scheme contains various measures required to be taken by State Discoms and State Governments for achieving the financial turnaround of the Discoms by restructuring their debt with support through a Transitional Finance Mechanism by Central Govt. The …