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GE says China sales could soar (Reuters)

GE CEO Jeffrey Immelt during a news conference in Shanghai, October 23, 2003. GE, the world's second most valuable company, said it expects sales in China could double to $10 billion by 2010, with some of that growth coming from the development of clean energy technologies. (Claro Cortes IV/Reuters)Reuters - General Electric Co. , the world's second most valuable company, said it expects sales in China could double to $10 billion by 2010, with some of that growth coming from the development of clean energy technologies.




AMD to invest $2.5 bln to expand Dresden factories (Reuters)

An Advanced Micro Devices factory in Dresden. AMD, the No. 2 maker of microchips for personal computers, said on Monday it will spend an additional $2.5 billion to upgrade and expand its two factories in Germany. (Handout/Reuters)Reuters - Advanced Micro Devices Inc. , the No. 2 maker of microchips for personal computers, said on Monday it will spend an additional $2.5 billion to upgrade and expand its two factories in Germany.




Arcelor holders seek change, vote on Severstal deal (Reuters)

Severstal's Chairman Alexei Mordashov (R) and Arcelor's Chairman Joseph Kinsch attend a news conference in Moscow, May 27, 2006. (Alexander Natruskin/Reuters)Reuters - A group of Arcelor shareholders is urging the steel group to alter its 13 billion-euro ($16.6 billion) planned purchase of Russia's Severstal and let shareholders accept it or reject it in a vote.




Abramovich in talks to buy Evraz stake (Reuters)

Roman Abramovich is seen in this February 7, 2006 file photo. Russia's richest man and owner of English Premier league soccer champions Chelsea, is in talks to buy into steelmaker Evraz, a company official said on Monday. (Ronen Zvulun/Reuters)Reuters - Roman Abramovich, Russia's richest man and owner of English Premier league soccer champions Chelsea, is in talks to buy a stake in steelmaker Evraz Group (HK1q.L), a company official said on Monday.




Barr enters bidding race to buy Pliva: report (Reuters)

A Barr Pharmaceuticals employee in an undated photo. The U.S. drug maker has entered the bidding for Croatian pharmaceutical group Pliva, the Financial Times newspaper said on Monday. (Handout/Reuters)Reuters - U.S. drug maker Barr Pharmaceuticals has entered the bidding for Croatian pharmaceutical group Pliva (PLVxq.L), the Financial Times newspaper said on Monday.





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