Carphone Warehouse has won the auction to buy the UK’s third-largest internet provider, AOL UK. BBC business editor Robert Peston said Carphone Warehouse, owner of the TalkTalk broadband and phone offering, was paying £370m for the operation.
Category: Appliance
General non-specific news from the appliance industry including new products, spares, business news and more.
Godrej & Boyce Set Up New Refrigeration Plant
Godrej & Boyce to spend Rs 100 cr for new unit Press Trust of India / New Delhi September 05, 2006 Godrej & Boyce plans to invest Rs 100 crore for setting up a refrigerator manufacturing facility near Pune. The company also expects a turnover of more than Rs 1,000 crore in the current fis…
Rouge Trader Is Under Fire
The notorious rogue Oldham trader Vance Miller is under fire ““ his remote farmhouse in Ripponden has been burned down and this week his main home in Ramsbottom was petrol-bombed. Miller’s £800,000 Great Manshead farmhouse in Ripponden, near Halifax, was targeted on 12 August. The Old…
BS Private Equity picks up Tecnowind
Industrial conglomerate Finsei has sold its 90 per cent majority stake in Tecnowind, an independent manufacturer of cooking hoods and electric hobs, to BS Private Equity. The stake in Tecnowind was purchased by the BS Investimenti IV fund.
M&S Electrical Goods Spark A Retail Battle
The Sunday Times has reported oveer the weekend that Marks & Spencer is to take on Currys and Argos by opening and retailing electrical goods in almost 100 of it’s stores acros the UK. The chief executive of M&S, Stuart Rose, has decided to trial the scheme for 10 months.
Unofficial Postal Strike Hits The West Country
The West country has been affected by an unofficial strike by postal workers in the Exeter sorting office which is leading to severe disruption sto postal services to and from the Plymouth, Exeter and Cornwall areas with the post codes TQ, EX, PL and TR all affected.
Belarus to fabricate fridges in Azerbaijan
It is reported this morning by the online magazine Trend that some Azerbaijani companies are interested in cooperation with Minsk Refrigerator Factory. It already addressed to with the offer regarding establishment of “Atlant” fridges fabrication plant, reportedly said Gennady Sindersky, deputy…
Chinese Fridge Maker Reports Wider Loss
Chinese refrigerator maker Guangdong Kelon Electrical Holdings Co. Ltd. said Monday its net loss for the year sharply widened to US$472 million (euro370 million) partly due to substantial bad debts. The company, whose Hong Kong-listed shares have been suspended since June 2005, posted a net loss …
ServicePower says to supply online booking service to ESI
ServicePower Technologies PLC said its Field Service Solutions Division, has agreed to provide web-based management applications to E&S International Enterprises, although no financial details were disclosed.
Web Blamed For Powerhouse Closure
Administrators of the beleaguered Powerhouse chain have blamed much of the retailers woes on increased competition from e-tailers. “Internet retailers and increased competition on the high street, coupled with the ongoing deterioration in the UK electrical retail market, has led to Powerhouse bei…