Fairfax Media claims supermarket growth focus on ‘Junk’ food and cigarettes – confidential data leaked Fairfax Media’s Sydney Morning Herald and The Sunday Age over the weekend have published their analysis of ...
Tags: milk, Cigarettes, Agriculture
Smith & Nephew plc has figuratively yanked the job-security bandage off 108 employees at its St. Petersburg, FL, wound-care plant. The company plans to close the factory and lay the workers off by January 9, according to a report in the ...
Tags: Job Cuts, Smith&Nephew, Health
Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of ...
Tags: Fair Friend, horizontal machining
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
Arkema has finalized the first stage of its acrylics assets acquisition project in Taixing, China, and now has access to a modern and competitive 160,000 t/year acrylic acid production capacity in Asia for the sum of $240 million. This ...
Tags: Arkema, acrylic acid, Chemicals
Benefiting from Taiwan's thriving fastener industry, which could finish this year with export value exceeding US$4 billion, Chun Zu Machinery Industry Co., Ltd., a leading Taiwanese supplier, aims for annual revenue of NT$1 billion ...
Tags: fastener industry, machine tools
Trident Limited, the flagship company of US$ 1 billion Indian business conglomerate—The Trident Group, has inaugurated the world’s largest terry towel plant and also laid the foundation stone of its Composite Textile project in ...
Tags: Trident Limited, Terry Towel Plant, Textile
For the second consecutive year, ZAK Products Inc. has been named to Inc. magazine’s annual “Inc. 500/5000,” a ranking of the nation’s fastest-growing private companies. The Texas-based specialty automotive fluids ...
Tags: ZAK, Inc.Magazine, Auto Parts
The investment was approved by the company’s board of trustees in a recent meeting, according to a Securities Times report. To build another LED factory, the company plans to raise financing to purchase 199 hectares (300 mu) of land ...
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
US-based private-equity firm Oak Hill Capital Partners will acquire Berlin Packaging, a supplier of plastic, glass and metal containers for an amount close to $1.43bn, including debt. Oak Hill will pay a price for Berlin Packaging that is ...
Manchester United has reached a ten year agreement with Adidas for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of 50 million, subject to certain adjustments, beginning with the 2015/2016 campaign. ...
Tags: agreement, Adidas, Sporting Goods
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Kronos Incorporated, which recently surpassed $1 billion in annual revenue, announced financial results, company advancements, and customer successes for the third quarter of Fiscal 2014. Product bookings continued to accelerate, with ...
China's coal mining and washing industry reported profits falling 43.9% year on year to Yuan 51.26 billion ($8.3 billion) during the first five months of this year, mainly due to sagging coal prices, data from the National Bureau of ...
Tags: Coal Mining, Washing Industry