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GM invests $30 million in Pontiac Stamping

General Motors today announced a $30 million investment in new equipment for its stamping plant in Pontiac, Michigan.

Honda accelerates North American production plan

Japanese auto manufacturer Honda has said that North American production should return to normal in August—ahead of the original recovery plan—for all models except the new Hond

AT&T deal hangs in the balance

AT&T has indicated for the first time that its proposed merger with T-Mobile USA may not go ahead.

Coca-Cola bottle deal approved

Coca-Cola Enterprises (CCE) has today given formal approval to a deal with the Coca-Cola Company to sell back its North American bottling operations.

ArcelorMittal re-enters Sishen project

ArcelorMittal South Africa has offered to pay R800 million for Imperial Crown Trading (ICT), which holds rights to a 21.4 per cent prospecting stake in Kumba Iron Ore's Sishen M

Virginia Mines

SCA makes offer for Georgia-Pacific EMEA business

Sweden’s SCA has made a binding offer to acquire the EMEA operations of US-based manufacturer Georgia-Pacific, it has been announced.

Smartphone sales boost HuaweiÔÇÖs profits in the last year

2013 was a good year for Huawei, with operating profit rising by more than 40 percent

Thompson Creek Metals closes Terrane deals with purchase from Goldcorp

Thompson Creek Metals has emerged as the sole owner of Terrane Metals Corp. after closing transactions with Goldcorp and Terrane shareholders.

Pressure Die Castings

Glencore and Xstrata agree merger

Commodities trader Glencore and mining giant Xstrata have confirmed they will merge to create a major natural resources group with a combined equity market value of $90 billion.

A modem designed for Africans, by Africans

A hardware revolution could be on Africa’s horizon with the creation of a modem designed specifically for use on the continent

Terra secures financing for Russian concession

London-based oil and gas company Terra Resources has entered into a financial partnership with Hendon Energy Fund 2011 to develop an oil and gas concession in Russia.