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Techtextil India offers market understanding & advice

Techtextil India, India's leading show for technical textiles and nonwovens, opens from 10 12 October 2011 in Hall 5 at the Bombay Exhibition Centre in Mumbai. The three-day exhibition and its concurrent two-day symposium will provide comprehensive market intelligence which will ...

Apple opens first retail store in HK

Apple opened its first retail store in Hong Kong on Saturday, and thousands of fans lined up for chances to get one of the limited edition T-shirt. Some of the devotees camped outside the store since Thursday to secure a place in the free handout to 5,000 people. Staff cheered ...

China Lucky Film merges with CASC

China's Lucky Film Corporation, a long-time rival of Kodak and Fujifilm, became a wholly-owned subsidiary of China Aerospace Science and Technology Corporation (CASC) on Friday. Lucky Film's merger with CASC is part of China's efforts to restructure its state-owned enterprises ...

Meg Whitman named new HP CEO

Former eBay Chief Executive Officer and California governor candidate Meg Whitman on Thursday was named Hewlett-Packard's new CEO, replacing Leo Apotheker who served 11 months on the job. "We are fortunate to have someone of Meg Whitman's caliber and experience step up to lead HP...

Acer aims to pick up where HP left off

Hewlett-Packard (HP) Corp's spin-off of its PC business will benefit Acer Inc's business in China, said Oliver Ahrens, vice-president of Acer and president of Acer China. The company has surpassed HP to become the second-largest player in China since last quarter, and the recent ...

Seeking to double Chinese business within three years

General Electric Co (GE), a world leading technology and infrastructure company, aims to double its revenues in China over the next three years, said Mark Hutchinson, president and chief executive officer of GE China. GE's global revenues were $150.2 billion in 2010, to which GE ...

INVISTA brings sustainable innovations at Textile Olympics

INVISTA will be presenting its brands and innovations at the 16th edition of ITMA, the world s most established textile and garment technology machinery exhibition, between the 22nd and 29th of September in Barcelona. In addition, the company will be one of the key sponsors of ...

APTMA rejects gas curtailment for three days a week

Spokesman of All Pakistan Textile Mills Association (APTMA) has strongly rejected gas curtailment for three days a week by the SNGPL unilaterally from September 17. He has termed it negation to the earlier arrangement of uninterrupted five days a week gas supply to the textile ...

Kofi Annan addresses first ITMA-ITMF World Textile Summit

The first ITMA-ITMF World Textile Summit took place at the Hotel Rey Juan Carlos I, in Barcelona, Spain, bringing together textile-industry leaders and some of the world s most influential thinkers and policymakers in strategically important fields such as economics, trade, ...

GM, SAIC power up to lead electric cars

General Motors Corp and its Chinese partner SAIC Motor yesterday agreed to co-develop a platform for a new generation of electric vehicles in China, the first joint development between a Chinese auto company and a foreign auto group. The move will further deepen the strategic ...

Chemicals set for double-digit growth

China's chemical industry is forecast to continue double-digit growth in the next few years as the nation's economy and industrial base carries on expanding, KPMG said yesterday. The industry grew 16.5 percent last year when the economy surged 10.3 percent. As the government has ...

Taobao Mall Projects Sales to Blossom

Taobao Mall, Alibaba Group's business-to-consumer shopping site, forecasts transactions may reach 100 billion yuan (US$15.6 billion) this year and double to 200 billion yuan in 2012. Taobao Mall Monday unveiled 38 domestic independent online retailers, including online department ...

Jaguar Land Rover: More models for China

As British luxury automaker Jaguar Land Rover makes its most aggressive moves ever and rolls out about 40 new and revamped models in the next five years, the good news for Chinese fans is that a majority of them will be brought to the country, said Bob Grace, president of the ...

Google launches Google Wallet

Google, the world's leading search engine, officially launched on Monday Google Wallet, allowing users to pay by tapping NFC-enabled Android phone against a compatible card reader. According to a Google blog post, the mobile payment app will be pushed to all Sprint Nexus S 4G ...

Spark plugs to fire up new 1.1 billion yuan Bosch plant

Bosch Group, the world's largest maker of auto parts, recently began construction on a 1.1 billion yuan plant in Nanjing, Jiangsu province, to produce spark plugs, brake components and diagnostics equipment by 2013. The plant is designed to make some 100 million spark plugs ...

State grant helps Specialty Textiles expand

Gov. Bev Perdue announced that Kings Plush, Inc., doing business as Specialty Textiles, Inc (STI) will expand their manufacturing facility to increase production capacity for residential upholstery fabrics in Kings Mountain, N.C. The company expects to create 62 full time jobs ...

T-Mobile takeover under threat

The United States government's effort to block the takeover of T-Mobile USA Inc chokes off AT&T Inc's path to an expanded network and wrecks its plan to gain as much as $20 billion in airwaves to help handle surging call volume. The US Department of Justice (DOJ) early this month ...

Listed Internet companies see revenues surge in Q2

Listed Chinese Internet companies reported surging revenues in the second quarter, raising hopes for a renewal of global investors' confidence in China-concept stocks, according to a latest report by a consulting agency. A total of 37 major listed Chinese Internet companies saw ...

Cars in China hits 100 mln

The number of automobiles in China has surged to 100 million due to a rapid increase in private car ownership, according to a statement released Friday by the Ministry of Public Security. China registered 219 million motor vehicles as of the end of August, with automobiles ...

New subsidy to be launched for energy-saving vehicles

China will launch a new subsidy policy for energy-saving vehicles next month in a bid to encourage automakers to increase green-technology investment and reduce oil consumption. Energy-saving cars weighing between 1,205 kilograms to 1,320 kilograms should consume no more than 6.3 ...
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