Diageo's first quarter (Q1) results were "a miss" for one analyst, while another claimed its performance was "muted" for the three months to September 30. The global brewer and distiller grew organic net sales by 3.1%, below the Shore ...
Tags: Agriculture, Food, beer
HSBC has lowered its copper surplus forecasts for 2013 and 2014 and raised its outlook for the average price by 7%, the bank said Thursday. "We have cut our 2013 surplus forecast from 320,000 mt to 38,000 mt and our 2014 [forecast] from ...
Tags: Metallurgy, Mineral, Energy, Copper
OLYMP Bezner GmbH & Co. KG has extended its existing company headquarters in Bietigheim-Bissingen/Baden-Württemberg/Germany with the construction of the new OLYMP Logistics Centre (OLZ). The fully automated warehouse has more ...
Tags: Shirt Warehouse, OLYMP
The economic outlook for emerging Asia (Southeast Asia, China and India) remains robust over the medium term, anchored by the steady rise in domestic demand, according to a new report from the OECD Development Centre. Accordingly, GDP ...
Tags: GDP growth
Hinduja Group subsidiary Ashok Leyland has sold its Defiance Testing & Engineering Services (DTE) to testing, calibration and advisory services provider Exova. US-based DTE offers testing and engineering services to manufacturers and ...
Massive opportunities are about to open up for Pakistan to at least double its share in the global textile and clothing trade of $800 billion, from slightly above 1.5 per cent to three per cent over the next two to three years. But, ...
Tags: Clothing Trade, Textile Export
At a time when Indian, Russian and Brazilian car markets are stumbling, China remains the major growth engine for the global automotive industry, analysts say. "For many years it's been the Bric nations (Brazil, Russia, India and China) ...
Tags: Automotive Industry, Cars
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum
German carmaker Volkswagen Group along with its joint venture FAW-Volkswagen has opened its new vehicle production plant in Foshan, Southern China. The company has commenced the production of its seventh-generation Volkswagen Golf at this ...
Tags: Volkswagen, carmaker
The Chinese-built Foton Tunland has been updated for 2014 with new technology, equipment, model designations and reduced driveaway pricing. Distributed locally by FAA Automotive Australia, the one-tonne dual cab Foton Tunland gains ...
Tags: car, auto, Transportation
Wetherspoon remains the "standout quality pub operator" with attractive assets, dependable returns and a sensible roll-out programme, according to City analyst Investec. There should be VAT equality for pubs, restaurants and supermarkets, ...
Tags: Agriculture, Food, supermarket
Despite a new oil product pricing mechanism introduced by the central government in March, China's state refiners continued to suffer in the downstream in the second quarter because of poor domestic demand, their interim results showed. ...
Tags: oil product, gasoil demand
Nissan has teased a new concept car, well ahead of its anticipated debut at January’s 2014 Detroit auto show. Shown on screen during a presentation celebrating the Japanese manufacturer’s 80th anniversary at an event in Los ...
Tags: Nissan, Sedan Concept
Pili Carrera, the Spanish brand, engaged in production and distribution of high-end apparels and accessories for children, is planning to foray in the South American market with the launch of its first store in Peru. The exclusive ...
Tags: Apparel Brand, Pili Carrera
The Lenzing Group was not immune to the continuous downward price development on the marketplace in the first half-year 2013. Nevertheless, against the backdrop of declining sales, Lenzing generated earnings in line with expectations but ...
Tags: Lenzing Group, Textile