Australian manufacturers underwent change in level of operations. The manufacturing industry was far from dead in the country down under. The face of the Australian manufacturing sector has been deemed not dead, just changing.
Sectors
Glencore plans to sell Xstrata's assets after buyout
Glencore announced plans to sell off parts of recently acquired Xstrata assets. Glencore took a hit on Xstrata's mining assets for USD 7. 7 billion on Tuesday .
GSW Immobilien management notes Deutsche Wohnen's EUR 1.75 billion offer
GSW Immobilien said it would study the EUR 1.75 billion takeover bid of Deutsche Women before giving any comment.
Indonesian state pension funds increase purchases of stocks
Indonesia's two main state pension funds increased their stock purchases, which helped pare losses for Jakarta's battered share prices.
TT electronics plans GBP 100 million spending for bolt-on purchases
TT electronics said it intends to spend up to GBP 100 million for bolt-on acquisitions. UK-based electronics group TT electronics Plc revealed its plan to acquire bolt-on firms for its combined industrial sensing and control units.
Latest News
Bayer Healthcare said it received approval to market its cancer treatment Stivarga in Japan. Bayer Healthcare announced it had received regulatory approval to market its cancer drug Stivarga in Japan.
One of the largest South African buyout firms, Ethos Private Ltd, is planning to sell its stakes to Alexander Forbes, Africa's largest retirement-fund administrator.
Property developer Deutsche Wohnen launched an all-share bid worth USD 2.34 billion for competitor GSW Immobilien.
Fiat announced the renewal of its cooperation agreement with Brazilian bank Itau Unibanco. Fiat (acronym for Fabbrica Italiana Automobili Torino) renewed its commercial cooperation agreement with Itau Unibanco.
Trading saw Urban Outfitters with high earnings upon close Monday. In Monday's trading on NASDAQ, Urban Outfitters exhibited more than a modest show of profits.
Torrential rains and flooded caused PSE to postpone trading for two consecutive days. The Philippne Stock Exchange (PSE) announced earlier today the postponement of trading.
Samsung Electronics Co. introduced the Samsung Mega in the US market. Samsung Electronics Co. released its newest product today in the United States.
Private equity firms in China scrutinized on competency for international ventures. China's private equity firms are catching the attention of the financial industry.
Clustrix announces the new funding worth $10M from HighBar. Clustrix, the top scale-out SQL database contrived for the cloud, was granted a $10 million Series D financing by HighBar Partners.
