New Zealand's largest electricity producer,Meridian Energy has resumed talks with Rio Tinto Alcan,the majority owner of the Tiwai Point aluminium smelter over Rio's request for changes to 18 year contracts for power supply that kick in on ...
Tags: electricity, Meridian Energy, Rio Tinto Alcan, power supply
Boparan Holdings, the parent company of UK firm 2 Sisters Food Group, has moved into the black in its last financial year when its sales grew ahead of the market. The business booked a profit of GBP42.5m for the 12 months to 28 July, ...
Tags: FY profit, LFL sales, frozen business
German snack firm Intersnack has agreed to acquire UK-based United Biscuits' (UB) snacks division, KP Snacks, from its private equity owners Blackstone and PAI Partners. This move is a part of the Intersnack's strategy to strengthen its ...
Tags: Intersnack, snack, snack business, food industry
Speech by the Mayor Shanghai, located at the foreground of the Yangtze River Delta, the strategic passage from Yangtze River into East China Sea, and the thoroughfare along the sea route of the Far East, is a sea-port city of great ...
Tags: Shanghai, business, introduction to Shanghai, Shanghai economy, survey
If you ask Tesla, they'll tell you the company's mission is not just to build a better car, but to change the world. And they are off to an exciting start. The roadster was the company's first salvo into the car business. That $110,000 ...
Tags: Electric Sedan, Tesla, drive report, Tesla Model S
US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
Toyota is no longer alone in offering a small hybrid wagon-microvan. Ford has rolled out the long-awaited C-Max as a Prius V competitor, boasting more power and fuel efficiency. We just bought one in Blue Candy Metallic Tint. Based on a ...
Tags: Toyota, Ford, hybrid wagon-microvan, electric motor and engine, gas engine
An enchanted forest, intergalactic science lab, a sweet emporium and a toy 'grand canyon', all can be found at the ...
Tags: Candy Store, children, Enchanted Forest, Harrods, kids, toy, toy kingdom
US natural and organic food group Annie's has booked an increase in second-quarter income, which was boosted by a 20% increase in sales during the period. Annie's reported adjusted net income, which strips out the impact of a share ...
Tags: natural food, organic food, food
Sausage maker Wall's is targeting the UK's "working man" with its first foray into the market for hot breakfast snacks. Wall's will this month launch a breakfast muffin and sausage bap, complete with tomato sauce sachet and an egg, for ...
Tags: Wall's, sausage, hot breakfast snack, food industry
US confectioners Farley's & Sathers and Ferrara Pan Candy Co. have merged, the companies have announced. Farley's & Sathers' owner, the private-equity firm Catterton Partners, will hold a majority stake in the new confectioner, which will ...
Tags: Farley's, Ferrara, candy firms, merge
US convenience retailer Casey's General Stores has signed a deal to acquire 22 convenience stores from US retailer Kum & Go. The outlets are located in Iowa, Missouri and North Dakota. "These stores are an excellent fit to our existing ...
Coal displacement by natural gas will remain a feature of the power market for the next few years, barring a significant pullback in gas supply, according to Standard & Poor's RatingsDirect credit analyst Aneesh Prabhu. Prabhu's market ...
The Porsche Panamera: a really fast washing machine ?Jaguar XJL: a leather-lined toaster? Audi A8: an aluminum-crafted blender made for the autobahn? This is one way to interpret comments by Tony Posawatz, the new CEO of Fisker Automotive, ...
Tags: Porsche, Audi, Fisker Automotive, consumer electronics
Stora Enso Renewable Packaging is set to restructure its converting operations at Páty in Hungary and plans for efficiency measures in the consumer board mill at Barcelona, Spain to address the customer needs. By the end of the ...
Tags: Hungary Plant Operations, Renewable Packaging, restructuring cost