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Have a blessed Eid-uz-Zoha

May Allah bless you and your dear ones with peace, prosperity and happiness on the auspicious occasion of Eid-uz-Zoha. Here’s wishing that your sacrifices are appreciated and your prayers are answered by the almighty. Have a blessed Eid-uz-Zoha!

ACQUISITION OF ONESTEEL SHEET & COIL DISTRIBUTION ASSETS

BlueScope today announced it has agreed to acquire from Arrium Limited its OneSteel sheet and coil processing and distribution businesses in Sydney, Brisbane, Adelaide and Perth. BlueScope will pay inventory value at completion (as at 30 September this was $23.1 million) for the assets and assumed liabilities and expects to incur net integration costs of …

The Future Global Economy and the Future Fund: Christine Lagarde

Managing Director, International Monetary Fund Washington DC, Friday, October 11, 2013 As prepared for delivery Chairman Frieden, President Kim, Governors, Excellencies: I am delighted to welcome you, on behalf of the IMF, to our Annual Meetings. Coming into these Meetings, I spoke of the Great Transitionunderway in the global economy: the changing patterns of growth; the changing dynamics …

Iranian–US engagement should focus on more than the nuclear issue

Iranian President Hassan Rouhani’s appearance at the UN General Assembly last week, his historic telephone conversation with US President Barack Obama and the earlier meeting between the Iranian and US foreign ministers confirm the two countries’ efforts to seriously re-engage in dialogue on Iran’s nuclear programme. However, the two countries should not ignore the other …

Competitive conditions still differ: the German Steel Federation and IG Metall’s Düsseldorf office present a joint study on emission trading systems in other countries

The steel industry in Germany and Europe will continue to face differing international climate policy conditions next year. This would remain the case even if, as currently planned, CO2 emission trading systems were introduced in individual countries and regions outside the European Union. This is the conclusion of a study carried out by IW Consult at the Cologne Institute …

ThyssenKrupp Elevator remains on growth track

Acquisition of Eggert elevator operations strengthens presence in Germany ThyssenKrupp Elevator is further expanding its new installations and service business in Germany: As part of its growth strategy the company has now acquired all operations of Eggert Aufzüge GmbH (Troisdorf) and EGGERT Lift-Technik GmbH (Berlin). “The acquisition is a continuation of our ambitious growth plans,” …