Fuyao Glass Industry Group, China's largest automobile glass manufacturer, said on Wednesday it will invest $420 million to set up production bases in the United States and Russia, in a further step to tap into high-end overseas markets. ...
Tags: Glass, Transportation, Auto Parts
Nokia has announced an increase in sales of its Lumia Windows Phone devices to 8.8 million units and posted a surprise €118m profit for its third quarter. However, Nokia's re-acquaintance with profitability was largely due to savage ...
Tags: Computer Products, nokia, smartphone
In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
Beijing-based Chinese pipe producer Xinxing Ductile Iron Pipes Co. has announced that it has won a tender to supply ductile iron pipes to be used in water pipelines within the scope of the South-to-North Water Diversion Project in Handan, ...
Tags: Iron Pipes, Water Supply Project
Canada Bread, a manufacturer and distributor of fresh bakery products, is set to divest its fresh pasta and sauce business Olivieri Foods to Spanish firm Ebro Foods for $120m. Olivieri Foods manufactures flat and filled fresh pasta ...
Tags: Canada Bread, Olivieri Foods
Bunnings has once again proved the star performer in the Wesfarmers stable, as the company expressed cautious optimism for the coming year. Announcing Wesfarmers' retail sales results for the first quarter of the 2014 financial year, ...
For its fiscal first-quarter 2014 (ended 29 September 2013), LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has reported record revenue of $391m, up 4% on $375m last quarter and 24% on $315.8m a year ago. Fiscal Q1/2013 ...
Tags: Cree LED, Electrical, Electronics
Europe’s thriving subcompact SUV segment has become a sales bonanza for brands such as Opel, Peugeot and Renault, but Asian rivals are now primed for a slice of the pie. Hyundai, Kia and Toyota are readying a range of new entries to ...
Tags: Small SUVs, subcompact
Under the background of mini-vehicle market shrinking, along with the market price war heats up, such as new power – Lifan, etc. or in danger of "shuffle". According to the data of the China association of automobile manufacturers, ...
Tags: Vehicle, Auto, Car, Transportation
French drinks major Rémy Cointreau has posted a 6.3% decline in its H1 2013 total sales to €558m, compared to €596m in the corresponding period last year. The company attributed the drop in sales to challenging economic ...
Tags: Remy Cointreau, drinks
Jablonec nad Nisou, Oct 15 (CTK) - Glass and customs jewellery production remains a significant industry in the Czech Republic and its sales have grown by 160 percent since the 1990s, according to a study carried out by the Technical ...
Tags: glass, Construction, Decoration
Russian steelmaker Novolipetsk Steel (NLMK) has announced its production and sales data for the third quarter of the current year. According to the company statement, NLMK's crude steel output in the third quarter increased to 3.897 million ...
Tags: Crude Steel, Steel, Metallurgy, Mineral
Advance Auto Parts Inc. will release its third-quarter earnings on Oct. 31, 2013. In connection with the Oct. 16, 2013 announcement that it is acquiring Genuine Parts International Inc. for $2.04 billion, however, the company is releasing ...
Tags: Auto Parts, tyre, tire
China Steel Corp. (CSC) announced its carbon steel sales volume in September reached to 793,119 tons, rising about 5.2% from August. The total sales volume for the first nine months is about 7.15 million tons which domestic sales took 65%. ...
Tags: Construction, Decoration, steel, Carbon Steel
In September 2013, H&M Group total sales including VAT in local currencies increased by 7 percent compared to the same month the previous year. Sales in comparable units decreased by 2 percent. Comparable units comprise the stores and the ...