Tag: Citigroup
Pact Group to sell its Contract Manufacturing Division
Pact Group has announced plans to sell its Contract Manufacturing Division, which includes the combined businesses of Jalco, Pascoe’s and Australian Pharmaceutical Manufacturers.
The Group’s...
Coal heavyweight Peabody files for bankruptcy
US coal giant Peabody Energy has filed for Chapter 11 bankruptcy protection in an effort to strengthen liquidity and reduce debt amid an unprecedented...
Rio Tinto mines record volumes of iron ore in Australia
Rio Tinto extracted record volumes of iron ore in Australia in 2014, adding to the global oversupply of the commodity which pushed prices to...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
