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Tag: business
Lowe's will drop joint-venture business in Australia
2016-01-19 01:13:21| Grocery - Topix.net
Lowe's says it's getting out of a joint venture that runs more than 60 home-improvement stores in Australia. The chain says it has invested about $930 million in the venture and expects to take a non-cash charge against earnings in its fourth quarter, which ends Jan. 29. Lowe's Cos.
Tags: business
australia
drop
lowes
Chinas Haier buys GEs appliance business in $5.4 billion deal
2016-01-18 19:02:29| Canadian Plastics Headlines
Consumer product maker General Electric (GE) has agreed to sell its appliance business to China’s Haier Group for US$5.4 billion. According to GE, its Appliance Park manufacturing operation in Louisville, Ky., is the largest injection molding facility in the state… The post China’s Haier buys GE’s appliance business in $5.4 billion deal appeared first on Canadian Plastics.
Tags: business
deal
billion
buys
'North-South divide' in business morale
2016-01-18 12:39:53| BBC News | Business | UK Edition
A growing gap between North and South is being seen in the confidence felt by small UK businesses, a survey says.
Tags: business
divide
morale
northsouth
Daimler's truck business to return to Iran as sanctions lift
2016-01-18 12:13:13| Auto Dealers - Topix.net
Daimler AG says its truck business is returning to Iran as Berlin and Tehran look at restoring economic ties after a landmark deal to curb Iran's nuclear activities led to the lifting of sanctions. Stuttgart-based Daimler announced Monday that it had signed letters of intent with local partners Iran Khodro Diesel and Mammut Group to arrange a "comprehensive re-entry" into the country where Daimler started doing business in the 1950s.
Tags: business
return
iran
truck
Daimler's truck business to return to Iran as sanctions lift
2016-01-18 11:49:16| Automakers - Topix.net
" Daimler AG's truck business is returning to Iran after a landmark deal to curb Tehran's nuclear activities led to the lifting of economic sanctions. The German company announced Monday that it had signed letters of intent with local partners Iran Khodro Diesel and Mammut Group.
Tags: business
return
iran
truck
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