Word: noranda
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Dates: during 2000-2009
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...last year bought the television arm (including the RCA brand) of French electronics giant Thomson. Shanghai Automotive Industry Corp. is in talks to acquire the very English MG Rover and has already bought Korean SUV maker Ssangyong. A consortium of Chinese companies bid on the Canadian mining firm Noranda. Says Arthur Kroeber, managing editor of the China Economic Quarterly, of the dealmaking: "It's not a silly gamble, but it is high risk...
...bought the television arm of French electronics behemoth Thomson, which gave it the RCA brand. Shanghai Automotive Industry Corp. is in talks to acquire the very English MG Rover, and has already bought Korean SUV maker Ssangyong. A consortium of Chinese companies bid on the Canadian mining firm Noranda. According to a recent study by Bain & Co., China's foreign investments will reach $86 billion by 2015. These global ambitions have generally been encouraged by the government, with Minister of Commerce Bo Xilai last month urging the nation to "reinforce our invest-abroad strategy...
...computers stacked three stories high. A hulking blue machine swallows PCs and mainframes whole, grinds them up and a few minutes later spits them out in quarter-size pieces. A system of magnets, screens and electrical currents separates out aluminum and steel, while the remaining mixed metals go to Noranda Inc., a copper smelter in Quebec. The metal scrap HP produces by the ton has a higher percentage of copper than ore excavated from the ground, according to Bob Sippel, Noranda's vice president of recycling. Last year the Roseville operation retrieved more than $5 million worth of gold, copper...