LED industries are entering traditional off season in 4Q. HSBC states in their most recent LED report that LED industry 3Q13 revenue was weak due to TV backlight demands being lower than expected. With the upcoming release of the Chinese ...
Tags: LED industry, LED report
Oil futures traded sharply lower during Monday’s Asian session after a critical economic data point out of China surprised to the downside. On the New York Mercantile Exchange, light, sweet crude futures for November delivery slid ...
Tags: Oil Futures, Mineral
Major Chinese industrial firms saw their combined profits rise 24.2 percent year on year in August, quickening from the 11.6-percent rate seen in July that points to further evidence of a firming economy, official data showed on Friday. ...
Essential Cuisine, an England-based supplier of stocks and sauces to the catering industry, has established a new manufacturing facility in Winsford, Cheshire, to bring all its production in-house. The 16,000ft2 facility will allow the ...
Tags: Essential Cuisine
China's manufacturing activities rose to a six-month high in September, according to a preliminary survey from HSBC. The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for September rose to 51.2, the highest level since April ...
Tags: manufacturing activities
UK-based tea and herbal drinks packaging company Infusion GB has received a £1m finance package from HSBC to purchase new tea bag packaging machine. The new equipment bought from Italy will allow the company to produce bags in ...
Tags: Packaging, Printing, Packaging Machinery
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners
Independent European distributor of chemical ingredients Cornelius Group plc continues the strategy of international expansion, and announces the entrance to the Russian cosmetics market. Cornelius has a long standing reputation of ...
Tags: Light Industry, Daily Use, cosmetics market
China's exports rose 7.2 percent year on year to US$190.73 billion in August, 2.1 percentage points higher than the 5.1 percent increase in July, the General Administration of Customs announced Sunday. Expanding exports signals that the ...
Tags: Economy Recovers
PDD is a London-based global product and service design innovation consultancy. The company has expertise in what it describes as providing innovation in packaging across multiple industries including the medical and consumer industries. ...
According to HSBC that China's Manufacturing Purchasing Managers Index (PMI) in August rose to a final reading of 50.1 from 47.7 in July, indicating an expansion for the first time in four months from a three-month consecutive downtrend on ...
Best figures in 16 months suggest overall economic situation improving China's manufacturing industry picked up in August to its highest level since May 2012, suggesting a steady improvement of the overall economic condition, official ...
Tags: Manufacturing, economy
Vodafone and HSBC have decided to extend their 20-year telecommunications partnership by another two years. The multi-million pound deal will see Vodafone continue to manage the mobile communications of over 21,000 HSBC employees until ...
Tags: Computer Products, Electrical, Electronics
Major Chinese industrial firms saw their combined profits rise 11.6 percent year on year in July, quickening from the 6.3-percent rate seen in June that points to further evidence of a firming economy, official data showed on Tuesday. The ...
Tags: Industrial Profits, Chemicals