International Archives — Page 41 of 59

May 6, 2017 No Responses

Brake malfunction investigation underway for Nissan Muranos

The United State safety regulators are conducting a preliminary investigation into complaints of faulty brakes in the 2009 Nissan Murano line. The inquiry covers 110,000 Murano crossovers, the Associated Press reported. The National Highway Traffic Safety Administration published documents Friday citing 58 complaints. The next...

May 4, 2017 No Responses

FPSO vessel to berth at LADOL’s multi-purpose facility in September

Arrangements are in top gear to receive Egina Floating Production Storage and Offloading (FPSO) Vessel at Lagos Deep Offshore Logistics Base (LADOL) facility in September. FPSO is a floating vessel located near an oil platform, where oil is processed...

May 4, 2017 No Responses

Fero Mobile begins nationwide activation campaign

Following the successful launch of its mobile phones into the Nigerian market, Fero Mobile has embarked on a nationwide activation campaign to showcase the full range of its affordable devices to consumers. The brand will be visiting ICT markets, shopping...

May 2, 2017 No Responses

Singapore: Well-Positioned for Maritime Industry

Singapore has once again clinched the top position in Menon’s Leading Maritime Capitals of the World Report, the third edition of the maritime report where Singapore was also ranked first in 2015 and 2012. Singapore was ranked number one in...

May 1, 2017 No Responses

Total teams up with Pavilion Energy on LNG bunkering

Total Marine Fuels Global Solutions and Pavilion Gas signed a Memorandum of Understanding (MOU) on LNG bunkering cooperation in Singapore, on the sidelines of GASTECH 2017 in Tokyo, Japan. Under the MOU, Pavilion Gas, a wholly-owned subsidiary of Pavilion Ene...

April 29, 2017 No Responses

Kia plans $1.1 billion plant in India

Kia Motors has signed a memorandum of understanding (MOU) with the State Government of Andhra Pradesh, India to build a new manufacturing facility in Anantapur District. The MOU ceremony was held in the city of Vijayawada, a part of Andhra...

April 28, 2017 No Responses

NSE, London Stock Exchange renew capital market agreement

The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) on Thursday in Lagos announced the renewal of their strategic capital markets partnership agreement at the Nigerian Stock Exchange (NSE). Under the arrangement, the renewal extends t...

April 28, 2017 No Responses

Access Bank declares N26b profit, total assets of ₦3.54tri in first quarter

Access Bank Plc on Thursday reported unaudited financial results for the first quarter (Q1) ended March 31, 2017, indicating an increase of 38% in Profit before Tax, “which rose to N31.2 billion when compared to ₦22.6 billion in Q1 2016....

April 28, 2017 No Responses

Maersk teams up with Microsoft on digitalization

Global transport and logistics powerhouse Maersk announced on Wednesday that it has joined forces with Microsoft Corp. on digitalization in a move targeting to “revolutionize supply-chain management and global trade.” Under the terms of the agreement, Mi...

April 24, 2017 No Responses

Daewoo Shipbuilding seeks court approval for debt rescheduling

After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) filed for a court approval for debt rescheduling on April 20, Yonhap News Agency said. An approval from the...

April 21, 2017 No Responses

Volumes in global derivatives hits 24.9b contracts

The World Federation of Exchanges (WFE) on Thursday published its annual report into the global derivatives market. According to WFE, Thursday’s report coincides with the WFE’s 34th IOMA Clearing & Derivatives Conference, taking place in Frankfurt, ...

April 19, 2017 No Responses

World Economics: Nigeria out of recession

The Nigerian economy is looking up, signalling an end of the recession, the World Economics declared on Tuesday. However, the London based organisation cautioned that “conditions remain difficult for businesses.” According to the body,“April Sales Manage...

April 17, 2017 No Responses

CMG eyes stake in Brazilian container port

Chinese state-owned corporation China Merchants Group (CMG) is looking to spread its footprint in Brazil as the company is reportedly in negotiations to buy Advent International Corp’s 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, loc...

April 17, 2017 No Responses

China’s first quarter growth beats expectations at 6.9%

(BBC) China’s economy grew by 6.9% in the first quarter of 2017, according to official figures. The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many economists had forecast. State-led...