Mercedes-Benz announced that its Breman plant in Germany will be producing the new GLC Coupe which was unveiled at the New York International Auto Show this year. The company said that it will transform 200 temporary jobs into ...
Tags: Mercedes-Benz, GLC Coupe, C-Class Cabriolet
Chinese and U.S. representatives expressed optimism for the future of the China-U.S. Bilateral Investment Treaty (BIT) negotiations during a session at this year's Boao Forum for Asia annual conference. Against the backdrop of a global ...
Tags: China-U.S BIT, global economy
China's central bank continued to pump money into the market to ease a liquidity strain this week. The People's Bank of China (PBC) conducted 395 billion yuan (61.16 billion U.S. dollars) of seven-day reverse repurchase agreements (repo) ...
Tags: liquidity strain, PBC
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
VF Corp. announced that it is exploring strategic alternatives for its Licensed Sports Group (LSG) business, a division of VF’s Imagewear coalition. “As active portfolio managers, we constantly assess the composition of our ...
Tags: VF Corp., LSG, business, Strategic Alternatives
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has launched 1310nm and 1550nm high-power ...
Tags: NeoPhotonics, PICs
Future food labelling and product safety laws could be scrapped if legal pressure from multinational companies increases as a result of clauses within the Trans-Pacific Partnership (TPP) agreement. Consumer advocacy group Choice has ...
Tags: Food Label, TPP, Product safety laws
Mead Johnson Nutrition (MJN) will co-locate a packaging plant with the nutritional powders plant dairy company Murray Goulburn (MG) plans to build in Victoria. MG has forged long-term supply agreements with global paediatric nutrition ...
Tags: MJN, MG, Nutrition Packaging
Greg Cameron Call for an “Upper Hunter Economic Development Corporation” (Newcastle Herald Editorial, March 9) were also made 20 years ago when the region wanted to participate in the benefits of a container terminal after ...
Tags: Upper Hunter, Newcastle
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
Wilmar International announced that its wholly-owned subsidiary, Yihai Kerry Investments has entered into two conditional joint venture agreements (JVAs) with Singapore Food Industries (SFI) today to supply certain safe and high quality ...
Tags: Wilmar, China Market
China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
Tourism authorities in Hong Kong and Guangzhou have signed agreements in Hong Kong on Wednesday to crack down on low-cost tours and forced shopping. Authorities will publish a list of some 40 travel agencies in Guangzhou who operate tours ...
Tags: Low-cost Tours
November 7th saw an historic meeting between leaders from the Chinese mainland and Taiwan. Since then, the two sides have already begun to implement agreements reached at that meeting. At the same time, the mainland has re-iterated the ...
Tags: One-China Principle
China's leading rail producer, the China Railway Construction Corporation, has signed agreements with the west African countries of Senegal and Mali to renovate a rail line linking the two countries. The project itself is worth around 2.7 ...
Tags: CRCC, West Africa Rail Line