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Business

Fagor Electrodomésticos seeks protection from creditors

Published on October 8th, 2013 | by The GC Team

Spanish white goods manufacturer Fagor Electrodomésticos has filed for protection from creditors while it tries to refinance its debt. The company, which is Europe’s fifth largest appliance maker and part of the Basque region’s Mondragón co-operative, ... Read More


Business

Samsung releases Q3 2013 earnings guidance

Published on October 8th, 2013 | by The GC Team

Samsung Electronics has announced its earnings guidance for the third quarter of 2013, ahead of releasing its quarterly report. Operating profit rose almost 25% on the same period last year, from KRW 8.06 trillion to KRW ... Read More


Audio

Pure Contour i1 Air digital music system

Published on October 4th, 2013 | by The GC Team

Pure’s Contour i1 Air is a compact and powerful digital music system featuring Apple’s AirPlay wireless streaming technology for wireless audio streaming from iOS devices or iTunes. Contour i1 Air (SRP £179.99) is Apple certified and ... Read More


Business

Loewe enters self-administration process

Published on October 4th, 2013 | by The GC Team

German TV manufacturer Loewe has been placed into a self-administration insolvency process (Insol-venzverfahren in Eigenverwaltung) to protect it from creditors and give the business three months to find new investors. Loewe filed for the creditor protection, ... Read More


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