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Movers & Shakers: Zale soars on deal; U.S. Steel down on tariff ruling

2014-02-19 19:03:26| Jewelry - Topix.net

Zale Corp. soared on Wednesday following an announcement that rival Signet Jewelers Ltd. agreed to buy the jewelry store chain, while United States Steel Corp. slumped after the U.S. Commerce Department decided not to impose tariffs on steel pipes from Korea.

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UPDATE 1-U.S. oil pipe tariff ruling hits western manufacturers

2014-02-19 15:03:52| Steel - Topix.net

Shares in steel tube makers Tenaris and Vallourec tumbled on Wednesday after U.S. trade authorities decided not to impose tariffs on the South Korean imports that compete with their products.

Tags: update western hits oil

 
 

Ruling Aims to Change PPE Testing

2014-02-18 17:40:00| Transmission & Distribution World

By John Grizzy Grzywacz, OSHA A proposed ruling by the Occupational Safety and Health Administration (OSHA) could change the way electric utilities maintain and test their personal protective equipment (PPE) for their workforce. read more

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Metcalf Case Ruling Strengthens 'Fair Dealing' in Federal Contracting

2014-02-12 20:01:07| ENR.com: Headline News

A federal appeals court ruling alleviates concerns by contractors and design-builders about the implications for federal contracting of a loss in Metcalf v. U.S.

Tags: case fair federal dealing

 

Nokia loses court ruling in Indian tax dispute

2014-02-12 15:18:00| Telecompaper Headlines

(Telecompaper) Nokia faces a setback in plans to transfer its Indian handset assets to Microsoft, after a new court ruling set additional conditions on the deal. In December, Nokia appeared to win an important reprieve in the group's USD 1.1 billion tax dispute in India, when a court in New Delhi ruled that company could transfer the Chennai factory. However, last week another court ruling imposed extra conditions on the company, which it said were "unacceptable", the Financial Times reports. Nokia said it would not be able to transfer the assets and the ruling puts the continuity of its operations in India in jeopardy. It has filed an appeal with the Supreme Court in the hope of reversing the ruling. The court asked Nokia to make an open-ended guarantee that the company would meet any future tax claims relating to the dispute. Nokia said this would stop the group defending itself against claims, a step it is unwilling to take. Nokia's original dispute related to tax allegedly due on payments by the group's Indian subsidiary to its Finnish parent.

Tags: tax court indian nokia

 

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