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Gold Fields acquires stake in Philippines project

South African mining giant Gold Fields has acquired a 40 per cent interest in the gold-copper Far Southeast Project in the Philippines, it has been announced.

Jobs saved at Dutch firm Heddes

Dutch construction firm Ballast Nedam has agreed to take over a proportion of the activities of its bankrupt Dutch rival Heddes.

US Navy selects Raytheon for radar

Raytheon Company has been awarded a US Navy contract worth $84.7 million for continued production of ALR-67(V)3 digital radar warning receivers.

High level executives backing AeroDef Manufacturing 2013

The Society of Manufacturing Engineers (SME) has formed an executive committee composed of high-level manufacturing professionals from the aerospace and defense OEMs to assist i

Premier to acquire EnCore for £221 million

Premier Oil is to acquire EnCore Oil for approximately £221 million, the two companies have announced.

Alibaba helps to lift YahooÔÇÖs gloom

Chinese online retailer Alibaba has reported soaring sales figures

Cable&Wireless Worldwide wins £10 million government contract

Cable&Wireless Worldwide (CWW) has won a £10.3 million contract with the UK’s Department for International Development (DFID).

Weir Minerals helps push Weir Group to record profits

Glasgow-based engineering firm Weir Group has reported record annual pre-tax profits.

Sony smartphones help it to ring in the profits

Sony has announced that it registered a jump in profits for the April to June quarter

Operations: Online viewing

The World Cup didn’t teach us anything we didn’t already know about the England team; but it will provide valuable lessons for CIOs and network managers, says Adrian Thirkill, g

Apple snaps up data analysis company

Apple has made its second acquisition in as many weeks, purchasing social media data analytics firm, Topsy Labs

BHP Billiton approves $845 million investment

Mining giant BHP Billiton has approved investment of US$845 million to establish a replacement mining area at its Appin Mine in New South Wales, Australia.

SABMiller seals FosterÔÇÖs deal

SABMiller has agreed to acquire Australia’s Foster's Group for approximately A$9.9 billion (£6.5 billion).

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