Associated British Foods (ABF) is reportedly contemplating the sale of its unprofitable sugar business in China to remain focused on its sugar operations in Europe and Africa. For this purpose, the food company has invited bids for five ...
Tags: Unprofitable Sugar, Sugar
Boulder Canyon Authentic Foods is introducing three new flavored potato chip offerings cooked in better-for-you oils. Coconut Oil Pineapple Habanero™, Olive Oil Sweet Vinegar™ and Olive Oil Red Chili™ kettle-cooked ...
Tags: Potato Chip, Boulder Canyon
Automaker Ford has invested $182.2m in technology firm Pivotal to speed up cloud-based software development. Headquartered in San Francisco, Pivotal is a cloud-based software company accelerating digital transformation for enterprises. ...
Tags: Cloud-Based Software, Ford
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
Micro trucks sold 59,172 units in March, up by 51.71% over last month and 21.12% over last year. The cumulative growth compared to the same period of last year is 14.58%. The top three enterprises are SGMW, CHANGAN and FOTON. Analysis of ...
Tags: Micro trucks, SGMW, CHANGAN, FOTON
Indian automaker and farm-equipment manufacturer, Mahindra & Mahindra has launched its electric car e20 in UK. It was reported last month that it would be a no-frills, basic electric car intended for young teens and budget-conscious ...
Tags: Electric Car E20, Mahindra
Fitbit (NYSE:FIT) released records of shipping more than one million Fitbit Blaze devices in its first month of availability, exceeding internal Fitbit sales forecasts. During this time, Fitbit Blaze has become the number one bestselling ...
Tags: Fitbit, Fitbit Blaze, Sales forecast
LeapFrog declined MGA's first offer last month, choosing instead to be acquired by VTech Holdings. MGA Entertainment founder and CEO Isaac Larian is readying a fresh bid for LeapFrog, after his initial bid was rejected last month. ...
With only three days left on its crowd-funding campaign, social enterprise Thankyou has announced that a donor will match every dollar raised by the public up to the value of $250,000. The Chapter One crowd-funding campaign, which kicked ...
Sainsbury's has confirmed that it will proceed with its offer for Home Retail Group (HRG), owner of Argos, and is "pleased" by last Friday's turn of events, which saw rival bidder Steinhoff international abandon pursuit in favour of ...
Tags: Sainsbury's, HRG, Argos
Ahead of today's 5pm deadline, Steinhoff backed out of making a bid for Home Retail Group at the last minute, leaving Sainsbury's the likely purchaser or the Argos business. Sainsbury's share prices rose sharply, while Home Retail Group's ...
Tags: Sainsbury's, Withdraw, CITY AM, Home Retail Group
Apple is reportedly the latest company to ditch Amazon and adopt Google for its cloud computing needs. Amazon Web Services and Microsoft's Azure are the two biggest cloud computing platforms in the world, and are where the vast majority ...
Tags: Apple, Google, Cloud services
UK retail footfall in February was 1.1% down on a year ago – lower than the 1.2% rise seen in January and the three-month average rate of -0.8% – according to the latest BRC/Springboard Footfall and Vacancies Monitor. ...
Tags: BRC, Retail football, Goverment support
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans