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Nippon Steel to buy Nisshin Steel to gird against China slump

2016-02-01 03:41:02| Steel - Topix.net

Japan's biggest steelmaker, Nippon Steel & Sumitomo Metal Corp., is set to buy Nisshin Steel Co., sources said Monday, in an attempt to withstand deteriorating conditions in the sector triggered by China's economic slowdown. Nippon Steel, which owns around 8 percent of Nisshin Steel, the fourth-largest player in the domestic market, is planning to purchase the remaining shares, the sources said.

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Magna expands in China with new engineering centre

2016-02-01 02:34:22| Canadian Plastics Headlines

In a bid to expand its footprint in China, Canadian automotive parts supplier Magna International Inc. has established a new seating engineering centre in the Xuhui District of Shanghai. In a statement, Aurora, Ont.-based Magna said that the newly established… The post Magna expands in China with new engineering centre appeared first on Canadian Plastics.

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China OpenVPN / OpenWRT Optional High Speed M2M Industrial Wireless 3G HSPA+ Router WiFi wholesale

2016-01-30 17:59:22| Wireless - Topix.net

High Speed M2M HSPA + Industrial 3G Router WiFi with 4 X LAN + 1 X WAN Description WLINK WL-R520H1 G Router is an industrial grade, M2M 3G Router that provides 3G HSPA+ connectivity for high speed mobile broadband internet connectivity and is the ideal solution to provide 3G connectivity for a wide range of M2M applications such as CCTV, Digital Signage , Energy Monitoring or any process controller or management system that communicates using IP. The WLINK WL-R520H1 3G Router includes 4x 10/100 Ethernet LAN port as well as an Ethernet WAN Port so it can be used as a failover 3G router.

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Controversial Ecuador oil deal lets China stake an $80 million claim to pristine Amazon rainforest

2016-01-30 06:42:55| Oil & Gas - Topix.net

Ecuador's President Rafael Correa, left, welcomes Paraguay President's Horacio Cartes during the IV Summit of the Community of Latin American and Caribbean States, CELAC, in Quito on Wednesday, Jan. 27, 2016. Andes Petroleum Ecuador, a consortium of two Chinese state-owned firms - China National Petroleum Corp. and China Petroleum and Chemical Corp. - on Wednesday purchased the rights to explore two oil blocks in the Amazon that cover an area of 500,000 acres.

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Elon Musk: You Can Easily Power All of China With Solar

2016-01-29 18:46:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Tesla CEO and multi-hyphenate entrepreneur Elon Musk spoke about the electric vehicle (EV) market and its role in a sustainable energy future in an interview with CNNs Kristie Lu Stout at the StartmeupHK Festival in Hong Kong this week. Electric cars are 'important to the future' of China -- @elonmusk https://t.co/G0UT7sBB2J $TSLA pic.twitter.com/ieg1t91wo7 -- CNNMoney (@CNNMoney) January 25, 2016 Global demand for EVs has rapidly grown, and Musk--who famously opened up his patents for...

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