UK day-ahead power prices were mixed on Tuesday, moving in opposite directions for the second consecutive day this week, as healthy wind supply and weak NBP spot market offset bullish influence of rising demand. At the Platts 1100 GMT, ...
Tags: gas-fired power, coal-fired power, NBP gas
Scotland could save millions of pounds per year by upgrading to LED streetlights, according to statistics compiled by Scottish Future Trust. Only 5% of Scotland’s 890,820 streetlights are using energy-efficient bulbs, reported STV ...
Tags: LED streetlights, save energy
AM General, which has discharged its responsibilities as Mercedes-Benz's first and only contract manufacturer in the US, flagged off R-Class at its commercial vehicle assembly unit in Mishawaka, Indiana. AM General's commercial assembly ...
Tags: AM General, Mercedes-Benz
In its trading statement for the 26 weeks period to July 25, 2015, UK fashion retailer Next reported a 3.5 per cent year over year hike in full price sales. “Next full price sales for the first half of fiscal 2016 grew 3.5 per cent, ...
Tags: Next Retail, Clearance rates, Apparel
Group revenues climbed 12.9 per cent year over year at UK apparel marketer SuperGroup Plc for the fiscal ended April 25, 2015. According to a press release, Group revenue was up 12.9 per cent to £486.6 million in fiscal 2015 over ...
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
General Motors (GM) is pumping in $1.2bn to revamp its pickup truck plant at Fort Wayne, Indiana, with the work on its upgrade expected to commence in June. The modification of the plant involves putting in place new pre-treat, ...
Tags: General Motors, pickup truck
Automotive emissions control systems manufacturer Faurecia Emissions Control Technologies (FECT) is planning to establish a new production facility in Columbus, Indiana. The proposed 400,000ft2 facility will see around $61m in investment, ...
Sports MASH Holdings, which is controlled by Mike Ashley, reduced its stake in Sports Direct International Plc by 2.57 percent to 55.14 percent by selling 15.4 million ordinary shares for roughly $168 million on Jan. 20, the British ...
Tags: economic effect, Sporting Goods
Today, Nissan reveals that European owners of its 100 percent electric car, the Nissan LEAF, travel more than 40 percent further per year (10,307 miles) than the European average for a traditional internal combustion-powered vehicle (7,170 ...
Sunrise Technologies, a global systems integrator operating out of North America, has announced the latest release of their Apparel and Footwear solution for Microsoft Dynamics AX. This product is Sunrise’s certified for Microsoft ...
The rigid plastic packaging giant’s results for the six months ended 30 September 2014, shows good growth in profits, returns and dividends. The planned acquisition of Promens Group progresses the company’s Vision 2020 ...
British food and drinks companies are losing over £11.2bn to fraud and error annually which is equal to over 85% of their total profits. The food and drink industry can boost its profitability by £4.48bn, or more than 34% ...
Tags: Food Firms, Fraud, Agriculture
Shares in De La Rue, the company responsible for printing banknotes in England, have plunged following a profits warning. Profits for this year are now expected to be 20m lower than in 2013/14, and the company has cut its dividend. On ...
Tags: De La Rue, Profit Warning, Printing
Mothercare plc, the largest UK specialist retailer in its segment, said it will raise some £100 million through a rights issue and which will be £95 million, net of expenses. The rights issue is a fully underwritten 9 for 10 ...
Tags: Mothercare