The refrigerator can be termed the most important appliance in today's world with both commercial as well as residential applications.Those in our kitchens have been playing a very important role for a long time now.Commercial ...
Tags: refrigerator, medical, appliance
Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
China and Russia on Wednesday inked four agreements on energy cooperation. Following the 9th China-Russia energy negotiators'meeting that opened earlier in the day,the two sides signed a memorandum of understanding in cooperation on ...
Tags: agreement, energy cooperation, China-Russia energy negotiators'meeting
Sainsbury's was the "stand-out performer" in the UK's grocery market in the last three months, according to the latest data from Kantar Worldpanel. The retailer's sales climbed 6.4% in the 12 weeks to 28 October, increasing its share of ...
Tags: grocery market, sales, grocery
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Canadian retailer Metro Inc has appointed François Thibault as group CFO. Thibault takes over from Richard Dufresne from 1 August, who quit the role in February to take up a position at an unnamed company. Thibault joins Metro ...
Tags: Metro Inc, François Thibault, group CFO, food
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
The role of maintenance in ensuring safe operations higher efficiency of equipment and infrastructure in the oil and gas sector was highlighted at a regional conference held in Bahrain. Mr Shaikh Ahmed bin Mohammed Al Khalifa Finance ...
Tags: oil and gas sector, Bahrain, regional conference, skilled professionals
Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
Better productivity has boosted profits at regional US retailer Weis Markets, which has seen sales remain flat in the first half of its financial year. The company said yesterday (31 July) its net income increased 10% in the six months to ...
Tags: Weis Markets, sales, net income, Productivity
Mr Rovnag Abdullayev president of SOCAR saying that the South gas project will strengthen the European energy security. Mr Abdullayev said that the corridor will bring the relations between EU and Azerbaijan to a qualitatively new ...
Tags: South gas project, European energy security, Azerbaijan, gas exporter
Nick Bunker, the head of Kraft Foods' businesses in the UK and Ireland, is to become CEO of United Biscuits recently-separated snacks unit. United Biscuits said today (6 August) Bunker would become chief executive of KP Snacks on 1 ...
Tags: Nick Bunker, snacks unit, Kraft Foods, United Biscuits
Lotus Bakeries has acquired Mondelez International's marketing and distribution rights for the Dinosaurus biscuit brand through its acquisition of Spanish baker Artiach. The Belgian baker and Spanish food group Nutrexpa jointly acquired ...
Tags: Lotus Bakeries, food market, marketing, acquisition, Artiach
Mr Vladimir Putin president of Russia will meet his Ugandan counterpart Mr Yoweri Museveni to discuss broader trade and economic cooperation with the East African country. As per report,during the negotiations the sides intend to discuss ...
Tags: Putin, Mr Yoweri Museveni, trade and economic cooperation, oil, gas
Australian manufacturing activity contracted for the ninth straight month in November due mainly to an ongoing decline in new orders and production. The latest Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: manufacturing activity, production, manufacturing businesses