Thrace Plastics Group posted an increase in turnover and earnings during the first half of the current financial year compared to the same period of 2015. The purpose of the current release is to present the Group’s financial ...
MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into an amendment of its existing credit ...
Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
The drop in China's outstanding foreign debt narrowed in the first quarter of the year, with improving structure and rebounding intercompany loans, data from the country's forex regulator showed Thursday. The debt settled at 1.36 trillion ...
Tags: foreign debt, forex regulator
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
The unsecured creditors committee in the Sports Authority’s bankruptcy case has filed a strong objection to the retailer’s proposed DIP financing package. The committee, representing largely vendors and landlords, called it a ...
Tags: Sports Authority, DIP
China's central bank continued to pump money into the market to ease a liquidity strain this week. The People's Bank of China (PBC) conducted 395 billion yuan (61.16 billion U.S. dollars) of seven-day reverse repurchase agreements (repo) ...
Tags: liquidity strain, PBC
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
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
Cabela's Inc. reported that adjusted for certain items, net income in the fourth quarter increased 9.5 percent to $86.8 million, or $1.26 a share, exceeding Wall Street's consensus estimate of $1.21 with the help of cost control ...
Tags: Cabela, Sporting Goods
Flavored beverages producer Dr Pepper Snapple (DPS) is joining the Closed Loop Fund to increase beverage container recycling rate in the US to 60% by 2030. The company is investing $5m in the social impact fund, which was set up in 2014 ...
Tags: Beverage Container, Recycling Rate
UK Government has selected four cities to receive £40m funds to promote green vehicle technology. The cities include Nottingham, Bristol, Milton Keynes and London which have been selected in the Go Ultra Low City Scheme, launched by ...
The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
China's central bank has said it is planning to upgrade its financial risk assessment framework which will be launched next year, in a bid to ward off financial risks. The capital adequacy ratio, a measure of an institution's ability to ...
Tags: New Financial Risk