Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has concluded the renegotiation of a long-term supply contract with an existing tier-1 customer for the supply of wafer products used in wireless applications. The new ...
Tags: wireless applications, long-term customer relationship, Electrical
As the world's biggest auto market in 2014, China's auto sales continued to expand to strengthen its position. With 23.49 million units sold approximately, a year on year increase of 6.9 percent, the auto sector seemed to play a big role in ...
Tags: auto market, auto sales
Retail giant will continue to evaluate its lease renewal options amid rumours surrounding the future of one of its largest international stores. Toys R Us has revealed it will continue to evaluate its lease renewal options amid rumours ...
Tags: international stores, Toys
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...
Indonesia’s ability to export sustainable forestry products has just been given an adrenalin boost. All products recognised by the Indonesian Forestry Certification Cooperation (IFCC) will receive automatic accreditation from the ...
Tags: Forestry Products, Packaging
Pierluigi Dinelli was named chairman and CEO of Pirelli’s NAFTA region, effective Janaury 2015. Pirelli Tire North America Inc. named new leadership to head its operations in North America, effective January 2015. Pierluigi ...
Tags: CEO, market share, Auto
Ikea, the multinational group of companies that designs and markets furniture and home accessories, might foray into fashion in future, according to a prediction made by the Swedish author and creative business thinker Stefan Engeseth. As ...
The Green Building Certification Institute (GBCI) announced that it will administer certification for the Performance Excellence in Electricity Renewal (PEER) program. PEER is the nation’s first comprehensive, consumer-centric, ...
Ukrainian mining and steel producing group Metinvest has stated that the core production shops of its Yenakiieve Iron & Steel Works were hit by artillery on August 13. There were no casualties or significant damage to the plant. In order ...
Tags: Metinvest, Metallurgy, Mineral
Worldwide airline share prices fell 2% in July compared to June, but in line with performance of the broader market. Initial Q2 financial results show strong gains for US airlines' performance, but declines in Asia Pacific due to cargo ...
Tags: Service, Airline economy, Air transport
Six US and African based textile and apparel trade bodies, including the United States Fashion Industry Association (USFIA), called for renewal of the African Growth & Opportunity Act (AGOA), expiring on September 30, 2015. They requested ...
Tags: USFIA, Apparel, Accessories
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji's finished steel output decreased by 3.5 percent year on year to 334,000 mt in the first half of this year. In the ...
Tags: MMK Metalurji's Finished Steel Output, Decreased, Russian
The American Apparel and Footwear Association (AAFA) brought more than two dozen apparel, footwear, and retail executives to Capitol Hill this week to lobby for key international trade policies and programs. The visits came as part of ...
Canadian food retailer Sobeys has agreed to sell its dairy processing operations to Agropur Cooperative, in a deal worth $356m. A strategic partnership agreement to this effect has been concluded by both the companies. Agropur CEO ...
In the first half of the year, the strong performance of the Renault and Dacia brands in Europe, driven by the success of Clio, Captur, Duster phase 2 and Sandero, enabled the Group to offset the sharp slowdown in its main emerging markets. ...
Tags: Renault, Dacia, Auto Parts