Asda's 1bn investment in lowering prices over the next five years is not the start of a price war, according to analyst Clive Black at Shore Capital. Asda aims to extend collection points for online shoppers The move might grab ...
Tags: Asda, price, investment, war
Burton’s Biscuits, the maker of iconic snacks Wagon Wheels and Jammie Dodgers, has been sold to the Canadian pension fund Ontario Teachers' Pension Plan (OTPP) for an undisclosed sum. Jammie Dodgers' maker Burton's Biscuits has been ...
Most foreigners in Shanghai see investment opportunity as the city's main attraction, followed by a wealth of job opportunities and a cosmopolitan culture, according to a survey of taxi passengers. China Daily conducted the poll of ...
Tags: Shanghai, Investment
UK-based KCC Packaging has set up a pilot production line to manufacture biodegradable food trays for the ready meal market. Claimed to use a waterproof barrier, the company's food trays are said to be made from bagasse, a by-product of ...
Tags: KCC Packaging, Food Trays
Clarke Inc. has agreed to sell its freight transportation business to TransForce for $88 million. Included are its truckload, LTL and freight logistics business. The deal is expected to wrap up before the end of 2013, Clarke announced ...
Tags: Transportation, bike
It has been a big news week for Canada's biggest trucking company. Last week Montreal-based TransForce announced that profits for Q3 were down from 2012; that it was buying Clarke Transport Inc., and Clarke Road Transport Inc., two ...
Tags: Transportation, Auto, truck
The supermarket today became the first supermarket to publish figures on food waste and announced a raft of measures to combat the problem. Key findings in the study, which tracked 25 top-selling products on their journey from farm to ...
Tags: Packaging, Printing, Food Waste
Tesco’s pre-tax profits in the six months to 24 August were £1.39bn, with UK trading profit up 1.5% to £1.13bn. UK like-for-like sales – which strip out the impact of new stores – fell by 0.5%. ...
Tags: Tesco, fresh pork
There continues to be lots of interest surrounding Vitran, since it shed its US operations earlier this month. Last week, TransForce made a bid to acquire all its outstanding shares at US$4.50. Today, Clarke Inc. announced it was buying ...
Tesco has entered the tablet market with the launch of its own low-cost option, the Hudl. With a 7-inch screen and running on Android JellyBean 4.2, the £119 device marks Tesco's attempt to carve a share of the budget end of the ...
Tags: Tablet, Computer Products
The newly completed 62 Buckingham Gate building, hailed by Land Securities as the jewel of its extensive transformation of London's Victoria district, owes its striking glazed facade to Saint-Gobain Glass. Conceived by architects Pelli ...
Tags: Glass, Construction, Decoration
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food
Navistar International's losses continue to mount, though the company says its order board is strengthening and the addition of the Cummins ISB mid-range engine sets its medium-duty business up for a turnaround. The company this morning ...
Tags: Transportation, Auto Parts
Burton's Biscuit Company's 2012 results have failed to impress industry expert Julian Wild, partner and food industry merger and acquisitions expert at law firm Rollits. Jammie Dodgers is one of Burton's Biscuits' power brands Wild ...
Windows 8 may be seeing sluggish demand, but Dell believes its the best OS for business tablets and plans to roll out more products built with the operating system later this year, a senior executive said Tuesday. "The reason that our ...