Latest News for: Industrial conglomerate

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Siemens posts loss as energy spin-off struggles

The Manila Times 13 Aug 2022
FRANKFURT, Germany ... Between April and June, the German industrial conglomerate posted a net loss of 1.5 billion euros ($1.5 billion), reversing its 1.5-billion-euro profit in the same period last year ... Its "digital industries" division, which includes factory automation, led the way with sales up 18 percent to 4.9 billion euros ... ....
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Colombia’s Grupo Argos posts 8% rise in Q2 net profit

FX Empire 12 Aug 2022
(Reuters) -Colombian industrial conglomerate Grupo Argos’ second-quarter net profit rose 8% from the same period a year before, the company said on Friday, boosted by revenue increases at its cement and energy units ... The conglomerate brought in 5.9 ...
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Stocks riseagain, top 880 points

Ekathimerini 12 Aug 2022
The best-performing blue chips were Piraeus Bank (3.76%), industrial conglomerate Mytilineos (2.92%), bottler Coca-Cola HBC (2.41%) and refiner Motor Oil (2.22%) ... .
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MI Emirates sign Kieron Pollard and Trent Boult for UAE T20 league

The Times of India 12 Aug 2022
West Indian Kieron Pollard and New Zealand's Trent Boult will represent in the inaugural in the United Arab Emirates, the Abu Dhabi-based franchise owned by Reliance Industries said on Friday. The Indian conglomerate also owns Pollard's Indian ...
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MI Emirates sign Pollard and Boult for UAE T20 league

Reuters 12 Aug 2022
NEW DELHI, Aug 12 (Reuters) - West Indian Kieron Pollard and New Zealand's Trent Boult will represent MI Emirates in the inaugural International League T20 tournament in the United Arab Emirates, the Abu Dhabi-based franchise owned by Reliance Industries said on Friday.
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MENA Project Tracker— KOC receives bids for $100m flowline; CHEC wins Red Sea contract

Arab News 11 Aug 2022
CAIRO ... 31. The 42-inch pipeline is to transport natural gas 193 km from the Fahud station in Oman’s center to reach the industrial hub of Sohar in the north, reported MEED. However, the energy conglomerate has been contemplating the construction of a shorter pipeline that extends only 128 km from the Fahud compressor station to BVS 4 in Sohar instead.
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Toshiba logs surprise quarterly operating loss as costs surge

Reuters 10 Aug 2022
The scandal-laden Japanese industrial conglomerate, which is exploring going private and other options, last month selected Bain Capital, CVC Capital Partners, Brookfield Asset Management and a consortium involving state-backed Japan Investment Corp and private equity firm Japan Industrial Partners to proceed to a second bidding round.
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Toshiba logs surprise quarterly operating loss on higher materials costs

FX Empire 10 Aug 2022
But the scandal-laden Japanese industrial conglomerate, which is exploring going private and other options, maintained its profit forecast for the year ending March at 170 billion yen, up 7% from the previous year.
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Retort Packaging Demand to Grow 1.7% Annually Through 2026

Longview News-Journal 10 Aug 2022
From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies.
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Rajalakshmi Sivanand to Head People and Culture at Compass IDC; Manik Banga Joins as Head ...

The Eastern Herald 10 Aug 2022
Strengthens its leadership team with industry veterans Rajalakshmi Sivanand as the Head of People & Culture, and Manik Banga as Head of Talent Acquisition respectively ... Manik brings over 14 years of industry experience across leading conglomerates such as Accenture, Barclays and General Electric.
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ITC Limited launched its 12th property, a luxury hotel in Gujarat

The Times of India 10 Aug 2022
AHMEDABAD. Diversified conglomerate, Limited, on Wednesday announced the launch of its 12thproperty, a premium luxury hotel, , in Ahmedabad. Industry sources peg the group as having invested Rs 600 crore in setting up the 19-storey, 291-key premium luxury hotel, which was inaugurated by Gujarat CM Bhupendra Patel ... “However, we are very optimistic ... .
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NuScale Power Reports Second Quarter 2022 Results and Reaffirms Financial Outlook

News-Press Now 10 Aug 2022
SMR), the industry-leading provider of proprietary and ... In Poland, KGHM, a leading copper and silver mining conglomerate and large industrial energy user, recently submitted an application to their national regulatory agency to assess NuScale’s technology ... INDUSTRY KEYWORD.
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Aseptic Packaging Demand to Grow 5.5% Annually Through 2026

Victoria Advocate 09 Aug 2022
From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies.
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Emerson Electric profit jumps 47% on strength in automation unit

Reuters 09 Aug 2022
The St ... Still, the industrial conglomerate trimmed its full-year net sales growth outlook to a range of 7% to 8% from its prior outlook of 8% to 10%, to reflect impacts from its exit from Russia, deals, and other headwinds related to COVID-19 ... Register ... ....
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Kevin Sullivan wins 2022 Hubert Butler Essay Prize for a work filled with hope

The Irish Times 09 Aug 2022
every cycle path erodes the planet-destroying hegemony of the internal combustion engine; every locally produced pound of potatoes at the farmer’s market reduces the stranglehold of agro-industrial conglomerates on the world’s food supply.

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