The Architecture Billings Index (ABI) returned to positive territory after a slight dip in August, and has seen growth in six of the nine months of the year so far. As a leading economic indicator of construction activity, the ABI reflects ...
The London-listed SABMiller has agreed to sell itself to Belgium-based brewer Anheuser-Busch InBev for $104bn (£68bn). While AB InBev is the world's biggest brewer, SABMiller is its competitor. The boards of the two companies said ...
Singapore-based commodity major Olam International is keen to make acquisitions of up to SGD$2.72bn ($1.4bn) as it plans to benefit from the dip in prices of agricultural commodities. Olam CEO Sunny Verghese was quoted by Bloomberg as ...
Tags: Olam, agricultural commodities, cocoa, nuts, wheat
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
Quiksilver, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved a variety of First Day Motions related to its voluntary Chapter 11 restructuring. Collectively, the orders granted by the ...
Tags: Quiksilver, Roxy, DC
General Mills is set to re-introduce four of its seasonal Fall flavours under its Yoplait yogurt brand. Original Apple Crisp, Light Pumpkin Pie, Greek 100 Caramel Apple and Greek 100 Whips! Pumpkin Cheesecake will be made available at ...
Tags: General Mills, Yoplait Brand, fridge pack
China's independent teapot refiners are showing little interest in participating in Russian M100 tenders that are set to be issued in late September or early October, market sources said Thursday. Only two 40,000 mt cargoes of Russian ...
Tags: Teapot Refineries, Refineries
The European Union is set to provide an emergency aid of €500m to compensate for falling milk and meat prices, as thousands of protesting farmers blocked the streets near the EU neighbourhood in Brussels. The Commission is set to ...
Tags: skimmed-milk powder, pork products
Latin American countries imported 5 million mt of finished steel from China in the first seven months of 2015, 6% more than the 4.7 million mt imported in the same period in 2014, the Latin American Steel Association (Alacero) said Tuesday. ...
Tags: Long steel, finished steel
For the second fiscal quarter ended August 1, 2015, US based maternity apparel retailer Destination Maternity Corporation slipped in to a GAAP net loss vis-à-vis GAAP net income in the prior fiscal second quarter. For the second ...
Tags: maternity apparel, Apparel
The worldwide smartphone market will grow in the coming years, but new research suggests its meteoric rise over the past several years will start to slow over sluggishness in China. Smartphone shipments will rise 10.4 percent in 2015 to ...
Tags: smartphone, Android, LTE
In the first fortnight of August, cotton prices kept on rising in the Brazilian market, pushed up by the low domestic supply and although harvesting season has begun. According to a CEPEA report, sellers pulled back and held on to good ...
Tags: cotton prices, cotton
Net sales at clothing retailer American Apparel tanked 17.2 per cent year over year for the second quarter ended June 30, 2015. In the three months to June 30, 2015, net sales dipped 17.2 per cent to $134.4 million from $162.4 million for ...
Tags: apparel, apparel sale, apparel development
Retail footfall in July was 1.1% lower than a year ago, up from the 1.5% fall in June and slightly above the three-month average of -1.2%, according to the BRC/Springboard Footfall Monitor for July 2015. High streets and shopping centres ...