About: rakeshlic
Recent Posts by rakeshlic
Fuller Brush Files for Bankruptcy
Feb 22, 2012 6:47 pm Posted by rakeshlicFuller Brush, which traces its roots back to 1906 and was known for its army of traveling salesmen, filed for Chapter 11 bankruptcy protection.
Existing-Home Sales Rise 4.3%
Feb 22, 2012 6:15 pm Posted by rakeshlicSales of previously occupied U.S. homes rose last month to the highest level in more than 1½ years, while the inventory of unsold homes contracted to a level economists consider healthy, positive signs for housing.
World Bank Punishes Alstom
Feb 22, 2012 3:45 pm Posted by rakeshlicThe World Bank is temporarily blacklisting and fining two subsidiaries of French engineering firm Alstom over bribes allegedly offered to gain a power-plant contract in Zambia.
China CNR Sets Details of Rights Issue
Feb 22, 2012 2:16 pm Posted by rakeshlicTrain maker China CNR said proceeds from its up to $1.13 billion rights issue will go toward upgrading technology in its high-speed trains and other products.
China’s Geely to Expand to Egypt
Feb 22, 2012 2:21 am Posted by rakeshlicChina’s Zhejiang Geely Holding Group, the owner of Swedish car brand Volvo, plans to start assembling Geely cars in Egypt this year for sale in markets across North Africa in cooperation with a local company.
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