The Holden brand will be retired from sales in Australia and New Zealand and local design and engineering operations will wind down by 2021, General Motors (NYSE:GM) announced today. Maven and Holden Financial Services operations will also wind down in Australia.
Adient (NYSE:ADNT), the world's largest global automotive seating supplier, today announced the opening of a new corporate office in Shanghai, China. To celebrate this milestone, Adient hosted a grand opening ceremony attended by local government officials, Adient employees and business leaders.
Asian Activities Report for February 10, 2012: Mazda Motor (TYO:7261) Develops Resin Material to Make Lighter Vehicle Parts
Asian Activities Report for February 10, 2012 includes: Mazda Motor Corporation (TYO:7261) has developed resin material for vehicle parts that maintains the same rigidity as parts made with conventional materials while achieving significant weight reduction; Sinochem International Corporation (SHA:600500) has signed an agreement with french energy giant Total (EPA:FP) to buy TEPMA BV, a fully owned affiliate of Total in Colombia, for about US$1 billion; Japanese pharmaceutical company Takeda Pharmaceutical Company Limited (TYO:4502) announced today the establishment of the Takeda Shanghai Development Center within the Shanghai-based Takeda (China) Holdings Co., Ltd., a wholly owned subsidiary of Takeda; Mitsubishi Motors Corporation (TYO:7211) will present the global debut of the all-new Outlander at the 82nd Geneva International Motor Show which runs from March 6 through March 18; Lion Corporation (TYO:4912) says that the Company has improved Ban Deodorant Roll On, which features a long-lasting deodorant effect, and has upgraded Ban Refresh Shower Sheets, a new product that can effectively wipe away sticky perspiration and odor.
Asian Activities Report for February 9, 2012: Pacific Basin Shipping Limited (HKG:2343) Forms Alliance with Crowley Maritime Corporation
Asian Activities Report for February 9, 2012 includes: Pacific Basin Shipping Limited (HKG:2343) has formed business alliance with US-based Crowley Maritime Corporation; Renesas Electronics Corporation (TYO:6723) has opened a wholly owned subsidiary in Sao Paolo, Brazil; Akebono Brake Industry Co., Ltd. (TYO:7238) has announced the establishment of a new manufacturing facility in Mexico; Nikon Corporation (TYO:7731) announces the release of the Nikon D800 FX-format digital SLR camera, which offers a noteworthy effective pixel count of 36.3-million pixels.
Asian Activities Report for February 8, 2012: Great Wall Computer (SHE:000066) Partners with Satcon (NASDAQ:SATC) in Chinese Solar Projects
Asian Activities Report for February 8, 2012 includes: Great Wall Computer Company Limited (SHE:000066) has agreed to form a strategic sales and manufacturing partnership with Satcon Technology Corporation (NASDAQ:SATC); Anhui SaunaKing Co., Ltd. (SHE:300247) has proposed to acquire and invest in Saunalux; Suzuki Motor Corporation (TYO:7269) will establish a 50:50 joint venture company with Intelligent Energy Holdings PLC ("IEH") of UK, in February 2012, for developing and manufacturing fuel cell system.
Asian Activities Report for December 13, 2011: Minmetals Resources Limited (HKG:1208) Reports 103.9% Increase in Zinc Ore Reserves
Asian Activities Report for December 13, 2011 includes: Minmetals Resources Limited (HKG:1208) announced its Mineral Resources and Ore Reserve Statement as at 30 June 2011 with a 103.9% increase in zinc Ore Reserves; Microsoft Corp. (NASDAQ:MSFT) and Nissan Motor Co. Ltd. (TYO:7201) will collaborate and create a next-generation dealer management system based on Microsoft Dynamics; Samsung Electronics (PINK:SSNLF) (SEO:005930) has announced the launch of the next evolution of GALAXY Tab - the GALAXY Tab 10.1 in Australia.
Asian Activities Report for December 9, 2011: Shanghai Electric Group (SHA:601727) to Form Wind Power Equipment Joint Ventures with Siemens (NYSE:SI)
Asian Activities Report for December 9, 2011 includes: Shanghai Electric Group (SHA:601727) (HKG:2727) has signed agreements with Siemens (NYSE:SI) to jointly invest over 165 million euros in two joint venture companies in China for the development, manufacturing and sales of wind power equipments; Beijing Enterprises Holdings Limited (HKG:0392) says that its subsidiary Green Industry (Qinghai) has signed a contracting agreement for a 20 megawatt photovoltaic grid-tied power generation project in Qinghai Province in China; Mitsubishi UFJ Financial Group Inc. (TYO:8306) will form a strategic business and capital alliance with AMP Limited (ASX:AMP); Honda Motor (TYO:7267) says that two of its auto plants in Ohio have earned the U.S. Environmental Protection Agency's 2011 Energy Star award.
Banking & Finance
- ISX Financial Launches Open Banking Solution, PaidBy(R) to WIX Merchants Across the UK.
- ISX Financial Announces the Launch of PaidBy(R) in the United Kingdom
- ISX Financial EU PLC Appoints New Board Director - Paul Barnes
Oil Gas & Energy
- Tamboran Resources Limited (ASX:TBN) Scheme of Arrangement Becomes Effective
- US Clarifies Foreign Entities of Concern, Widening the Door for Australian Critical Minerals
- Tamboran Resources Limited (ASX:TBN) EP 117 Operational Update Completion of SS-1H Stimulation