Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...
ConAgra Foods, Inc., one of North America's leading food companies, today reported results for the fiscal 2014 third quarter ended Feb. 23, 2014. Diluted EPS from continuing operations was $0.58 as reported for the fiscal third quarter vs. ...
Tags: Agriculture, Food
Scotland-based potato producer and packer Albert Bartlett and UAE's Al Dahra National Investments have signed an agreement to establish a joint venture (JV) in Abu Dhabi. The new company, Al Dahra Bartlett, will be engaged in potatoes and ...
Tags: potato, Agriculture, Food
Toray Industries is bolstering production of high-performance fibers in emerging countries in Asia to reap the benefits of anticipated demand growth. “Textiles is a growth industry if you look at it on the global scale,” said ...
Tags: Textiles, expanding emerging markets, strengthening supply systems
Adidas AG delivers exceptional fourth quarter results. “We finished 2013 with an exceptionally strong fourth quarter. Currency-neutral sales grew 12%, which was above our expectations,” commented Herbert Hainer, adidas Group ...
In January this year, China exported 248,114 mt of stainless flat steel, up 19 percent compared to 208,340 mt in December and up 70 percent year on year. The growth is mainly attributed to the strong demand from Asian markets as well as low ...
Tags: Stainless Steel, Mineral
WSA Capital and Australia-based Venture Asean have established a new joint venture (JV) company, WSA Venture Australia (M), to produce automotive component parts in Malaysia. These parts will exported to Australian, Asian and global ...
Tags: Automotive Parts, WSA Group
Samsung has once again hosted its annual Regional Forum in Bali, Indonesia, bringing together representatives from the company’s Asia Pacific and Australian markets for a dedicated spotlight on consumer electronics and appliances. ...
Tags: localised information, Consumer Electronics Business, smart appliance
The liquidation of the March contract proceeded in a speedy and orderly fashion, as open interest was down to just 6’393 contracts or 639’300 bales as of this morning. With another 3’300 contracts trading, most of ...
Tags: Cotton Futures, Textile
Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has closed the acquisition of Del Monte Foods' (DMF) Consumer Products business for $1.67bn. The acquired entity will now be renamed as Del Monte Foods (DMFI). The ...
Tags: Del Monte Pacific, US Food Unit
Asia's rising stars challenging soft drinks leaders The three largest global soft drinks brands continue to be Coca-Cola, Pepsi-Cola and Sprite, but Chinese brand Kangshifu (Tingyi Holding Corp) is not far behind, according to the latest ...
Tags: soft drinks, Coca-Cola, Pepsi-Cola, Sprite
Another major Australian milk supplier gets snapped up The sale of privately-owned dairy giant United Dairy Power to Hong Kong businessman William Hui is locked in, according to Stock & Land. It was reportedly sold for around $70 ...
Tags: Australian milk, Caboolture Cheese, shredded Mozzarella
Hiwin Technologies Corp. Chairman and Chief Executive Officer (CEO) Eric Chuo announced at the company's Jan. 17 yearend banquet that the manufacturer of ballscrews will see sales of intelligent robots more than double this year over 2013 ...
Tags: ballscrews, robotic, precision-machinery, automation system
Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India today unveiled its Mid-size Stylish MPV Honda Mobilio and the all-new, 3rd generation Honda Jazz at the 12th Auto Expo in presence of Mr Takanobu Ito, President and ...
Tags: Jazz Vehicles, Honda
The Indiana-based group is to buy a 75% stake in Qingdao P&B Co, which is headquartered in the Qingdao free-trade zone. P&B, which has around 550 employees, is partly owned by Chinese drinks business Wuliangye Group, one of the ...
Tags: Plastics Buy-out, P&B