A newly founded Chinese firm plans to invest nearly 5 billion yuan (773 million U.S. dollars) to develop and produce energy-efficient building materials in the next five years, it announced on Wednesday. China Construction Aluminum New ...
A Brazilian aerospace company announced Monday that it had delivered the first Phenom 100E executive jet in China. Embraer, the third largest aircraft manufacturer in the world after Boeing and Airbus, revealed in a press release that the ...
Tags: 100E executive jet, Embraer
Gas Natural Fenosa plans to invest $1.1 billion over the next decade to double its number of clients at Chilean subsidiary Metrogas to 1.5 million, from around 700,000 currently, CEO Rafael Villaseca said Tuesday. During the first five ...
A Wanda cinema in Yichang, Hubei province. [Photo by Zhou Jianping/China Daily] Dalian Wanda Group Co Ltd, the privately owned Chinese property conglomerate, plans to list its film production and distribution business within a year, Wang ...
Chinese LED manufacturer Ledman announced it will be acquiring Infront Sports and Media for EUR 25 million (US $27.35 million) on Thursday. The main purpose of this investment is to strengthen Ledman’s participation in international ...
Tags: Ledman, international sports market, LED
Last week Samsung became the latest big-hitter to change its strategy in the LED lighting sector, with the Korean technology conglomerate making a significant retreat. Having identified the emerging application as a key growth area just ...
Tags: Samsung, LED Lighting, luminaire markets
The Government of Punjab, a northern state of India, has received 55 investment proposals worth Rs 80bn ($1.22bn) for the establishment of food processing units. Among the interested parties, food conglomerate ITC and Poland's offers ...
Dutch brewing company Heineken is planning to fully acquire United Breweries (UB), an India-based conglomerate with a major focus on the brewery (beer) and alcoholic beverages industry, for undisclosed amount. The Dutch brewer currently ...
Tags: Heineken, alcoholic beverages, beer
The Toy Store’s owner has sent a letter of intent to Hamleys-owner Ludendo, highlighting its interest in acquiring the iconic Hamleys names. Hamleys has reportedly received a bid of interest from Gulf Greetings, the Middle Eastern ...
Tags: toys, toy manufacture
"One Belt, One Road" is a rare opportunity to turn Chinese tea consumption into a global phenomenon. That is the dream of the country's tea companies - still largely unknown to the world. They are ready to grab a piece of the action in an ...
Tags: Chinese tea, tea
Sales will continue to grow as major companies roll out new products with long-lasting flavors in a highly competitive market Wallace Chung looked as if he had just stepped off a movie set. Dressed in an electric blue jacket with matching ...
Tags: Chewing Gum, chewing gum market
Thailand-based industrial conglomerate Siam Cement hopes to jack up 5-10% sales out of its paper and packaging this year, banking on demand from Southeast Asian countries. Domestic growth, however, is expected to be around 1-2%. Siam ...
Tags: Packaging Business, Siam Cement
Earlier this year, I blogged about the excitement in China generated by the news that its Dalian Wanda Group planned to invest $1.09 billion to build and operate a luxury hotel in London. At the time of their announcement (made in the ...
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
Nestlé is all set to unveil more flavored versions of its sparkling waters, as part of its strategy to tap the growing consumer wariness toward both sugary and diet sodas. The Vevey-based beverge giant will release a green-apple ...
Tags: Nestle, Sparkling Water