ANAHEIM, CA–(Marketwired – April 25, 2013) –
The National Association of Women Business Owners-Orange County (NAWBO-OC), the premier organization for Orange County women business owners, will host guest speakers California State Senator Mimi Walters and NAWBO National President Diane Tomb at the organization’s May 7th dinner meeting. The meeting will take place at The Pacific Club in Irvine, CA at 6:30PM, with a networking reception beginning at 5:30PM. The event is open to members and non-members.
Category : World News
L Capital Asia, a private equity fund sponsored by French luxury group, buys 49.9% stake in 81-year-old Australian company
A private equity fund sponsored by French luxury brand LVMH Group has snapped up just under half of Australia’s RM Williams in a deal aimed at helping the bushwear firm expand further overseas.
The sale of the 49.9% holding was valued at around A$52m (£35.4m), said a source close to the deal who was not authorised to speak on the record.
Singapore-based L Capital Asia, which is also backed by Groupe Arnault, the holding company of LVMH chairman and chief executive Bernard Arnault, and Malaysia’s YTL Corp, specialises in developing distinctive but affordable brands in the Asia-Pacific region.
Last year, it took a 50% stake in upmarket Australian food store Jones the Grocer.
Ken Cowley, chairman and owner of RM Williams, which is known for its elastic-sided boots, will retain the majority holding. He said L Capital had committed to retaining Australian manufacturing for the firm’s products.
The 81-year-old Australian company has more than 50 stores around the world. The transaction is expected to be completed by mid-May and new board members will be announced then.
Japan says it wants to join the talks on the Trans-Pacific Partnership (TPP), a free trade agreement currently being negotiated among 11 countries.
See the original post: Japan seeks to join TPP trade talks
Hong Kong-based Cathay Pacific posts a 83% plunge in profits amid higher fuel costs and a drop in demand for corporate travel.
See the original post: Cathay Pacific profits plunge 83%
SAN JOSE, CA–February 4, 2013 – AltiGen Communications, Inc. (
What: AltiGen First Quarter Fiscal Year 2013 Conference Call
When: Wednesday, February 6, 2013 at 2:00 p.m. Pacific Time (5:00 p.m. ET)
Who: Jeremiah Fleming, Chief Executive Officer and President, and Philip McDermott, Chief Financial Officer
How: Dial (877) 407-8031 (domestic) or (201) 689-8031 (international) to listen in to the call. A live webcast will also be made available at www.altigen.com. A telephonic replay will be available approximately one hour after the call through March 5, 2013. To access the replay, dial (877) 660-6853 (domestic) or (201) 612-7415 (international), account #286 conference ID #408379.
Cathay Pacific Airways customers will be greeted with a smile after all, following the end of a labour dispute.
Continued here: Cathay crew to continue smiling
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 21, 2012) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) (“Teck”) announced today that coal sales for the fourth quarter of 2012 are expected to exceed prior guidance of 6.2 million tonnes, and production for the first quarter of 2013 is not expected to be materially impacted by the damage to Berth 1 at Westshore Terminals. Teck will use alternative shipping options throughout the duration of the repairs at Westshore, including securing additional capacity through Neptune Terminals, Pacific Coast Terminals, Thunder Bay Terminals and Ridley Terminals. On the basis of Westshore’s estimated repair schedule for Berth 1 and expected loading capacity for Berth 2, Teck expects to have total shipping capacity of approximately six million tonnes in the first quarter of 2013.