The transaction is expected to deliver approximately 3 billion dollars in cost synergies,with 100 percent of the run-rate cost synergies achieved within the first 24 months following the closing of the transaction.
Dec 112015
Dec 102015
China’s Ministry of Commerce (MOC) will impose provisional anti-dumping measures on unbleached bag paper imported from the United States, the European Union and Japan, the ministry said Thursday.
Dec 082015
Greece has pushed the risk of a “haircut” on bank deposits and Grexit off the table by implementing all its commitments under the latest bailout agreement with international creditors, Greek Prime Minister Alexis Tsipras said on Monday night.
Dec 072015
As demand for exports continues to slip and the real estate sector cools, China expects consumption and the service sector to help pick slack.
Dec 072015
Lock-up shares worth 52.8 billion yuan (8.3 billion U.S. dollars) will become eligible for trade on China’s stock market next week.
Dec 072015
China’s large and medium-sized steel mills suffered a loss of 72 billion yuan (11.34 billion U.S. dollars) in the first ten months of 2015, according to China Iron and Steel Association (CISA).
Dec 072015
Electric car sales in China are expected to reach 220,000 to 250,000 this year, surpassing the U.S. to rank first worldwide, China Association of Automobile Manufactures (CAAM) forecast.
Dec 072015
Thailand is seeking to build its third Thai product distribution center in China in the southwestern province of Sichuan.
Dec 052015
Gold futures on the COMEX division of the New York Mercantile Exchange rose Friday as the U.S. dollar showed weakness, along with short covering by traders.