On Thursday, coal giant Alpha Natural Resources announced its plans to sack 1,100 coal mine workers. The lay-offs will take place at 11 West Virginia surface mines and operations related to it by mid-October.
With the South Africa's antitrust regulator Competition Tribunal giving a conditional approval to the Glencore International's $36 billion acquisition of coal producer Xstrata on Tuesday, the sole outstanding requirement for the merger transaction to go ahead is an approval from China.
In a human rights complaint filed with the Canadian Human Rights Commission, a Chinese miner - named Huizhi Li - has said that the protests which the United Steelworkers Union has launched over the foreign employees' issue have led to a situation where Chinese workers will be seen with contempt.
Though, the mining industry in South Africa was recently rocked by a number of strikes. A recent report has shed light that many more strikes could be seen in the first quarter of the coming year for the reason that thousands of jobs are to be shed.
Heavy equipment manufacturer Caterpillar Inc. has announced its plans to move some of its production from Japan to North America, where it will open a new manufacturing facility.
Caterpillar, the world’s leading manufacturer of construction and mining equipment, said it decided to move production to bring it closer to its customers.
At an investor conference in Boston on Wednesday, T-Mobile's Chief Financial Officer Braxton Carter said that French firm Iliad SA's $15 billion bid for acquiring T-Mobile is a "very inadequate" proposal.
The statement by Carter comes in...
An EU-funded research project was launched by Berlin the previous week. This project was...
The Michael J Fox Foundation is aiming to test wearable sensors in smart watches made by Intel's...
On Wednesday, Las Vegas-based tech firm Integrity Vehicle Solutions formally announced the launch of a new smartphone app dubbed 'Ride Genie' --- the first and only approved mobile e-hailing app in Las Vegas.
According to the Las Vegas...
Experts have said that the bad weather in the US played a role in the US jobs market as...
In a move which marks Google's imminent exit from the pornography advertising business, the...
After third-ranking US wireless carrier Sprint having revealed in a recent announcement that it is withdrawing its plans to acquire smaller rival T-Mobile, barbed comments at Sprint are being made by T-Mobile, especially by the company's CEO and...
The Michael J Fox Foundation is aiming to test wearable...
The Tibetan plateau has become warmer during the last 50...
According to the warning from a new report on climate...
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