Chrysler Group LLC has announced the repayment of $7.6 billion in outstanding US and Canadian government loans following the completion of new refinancing transactions.

The original loans were repaid in full, more than six years ahead of schedule, along with the payment of accrued interest and additional consideration.


Online retailing giant Amazon has announced that more than 900 new permanent and temporary jobs will be created over the next five years with the opening of its new customer service centre at Waverley Gate in Edinburgh.

The new centre, due to open this August, will handle customer enquiries regarding Amazon.co.uk, including technical support for the Amazon Kindle and MP3.


Israel’s Haifa Port is just about to make its new Carmel Container Terminal fully operational. Mendi Moscovitsh explains to Gay Sutton how the new terminal and new port management system will relieve congestion and markedly increase productivity.

 


South Africa is putting great effort into improving living standards for its more disadvantaged citizens, as Alan Swaby discovers.

 


Several years ago, Arafura Resources identified the imminent shortage of rare earth oxides. Now, it is about to become an alternative supplier for users worldwide to China’s monopoly.

 


Andrew Bellamy, CEO of Austal, one of the world’s leading aluminium shipbuilders, talks to Jayne Alverca about the winds of change that are blowing in the wake of a major defence contract with the US Navy.

 

Austal, headquartered in Henderson, Western Australia, is the largest builder of aluminium fast ferries in the world, with a customer base that spans the globe. The company has reached this level of success in just over 20 years—an achievement that CEO Andrew Bellamy attributes to three key factors.


Under new and gifted management, Carrick Gold is undergoing a renaissance—and is currently poised to develop a major gold discovery within the Kalgoorlie West Project. Chairman Laurence Freedman talks to Jayne Flannery.

 


Con Edison Development, a leading developer of renewable energy infrastructure in the US Northeast, has delivered the largest operating solar installation in New England.

The ten-acre solar facility is sited on the New Bedford Business Park, which straddles the towns of Dartmouth and New Bedford in Massachusetts.

With more than 8,000 crystalline silicon panels, the installation delivers enough energy to provide power to 2,000 households. The ground-mounted panels are virtually invisible from outside the park.


Tullow Oil is to strengthen its Dutch portfolio through the acquisition of Nuon Exploration & Production, it has been announced.

Tullow will pay Sweden’s Vattenfall Group €300 million in cash for the Amsterdam-based company.

Tullow said the acquisition will significantly enhance its North Sea business, adding a portfolio of 25 licences that include over 30 producing fields, further development and exploration opportunities, and ownership of crucial infrastructure.