growing-global
Chinese court sentences former Sinopec president to 15 and half years in prison
January 24, 2017 by creative · Leave a Comment
BEIJING (Reuters) – A Chinese court has jailed Wang Tianpu, the former president of Sinopec Group, for 15 and a half years for graft, state television said on Tuesday citing a court verdict. Sinopec Group is the parent of oil major Sinopec Corp . (Reporting by
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Chinese court sentences former Sinopec president to 15 and half years in prison
growing-global
Ford launches brand to sell auto parts to fix competitors’ vehicles
January 24, 2017 by creative · Leave a Comment
Ford Motor Co , in a bid for a piece of the rapidly growing global auto parts market, is launching a new brand called Omnicraft to sell parts to Ford dealers and independent repair shops to fix competitors' vehicles. Omnicraft joins Ford's established Motorcraft which makes parts for Ford vehicles. Frederiek Toney, president of Ford's customer service division, said the global business for automotive
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Ford launches brand to sell auto parts to fix competitors’ vehicles
growing-global
Exclusive: Francisco Partners, Elliott near Dell software deal – sources
June 20, 2016 by elegant · Leave a Comment
Divesting the software assets will help Dell refocus its technology portfolio and bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. EMC
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Exclusive: Francisco Partners, Elliott near Dell software deal – sources
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Oil rallies as fears over Brexit abate
June 20, 2016 by creative · Leave a Comment
Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week. Three opinion polls ahead of Thursday's vote showed the 'Remain' camp recovering some momentum, although the overall picture remained one of an evenly split electorate. Investment safe havens such as gold, the U.S. dollar, German bonds…
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Oil rallies as fears over Brexit abate
growing-global
With oil price near $50, resilient U.S. shale producers eye new chapter
June 20, 2016 by admin · Leave a Comment
Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency. To regain market share, the Organization
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With oil price near $50, resilient U.S. shale producers eye new chapter