Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) announced that Goodman Company, L.P., of Houston, Texas, has agreed to pay a $5.55 million civil penalty and has agreed to other terms of a consent decree (which is ...
Tags: CPSC, Goodman, civil penalty
Mondelēz International has once again been named to the Dow Jones Sustainability Index (DJSI) for both the North America and World indices. The DJSI is a globally recognized independent benchmark that conducts comprehensive ...
Tags: Mondelēz International, DJSI
JMC released semiannual report in August 26. During the report period, JMC achieved 10.8 billion Yuan, down by 9.83% year on year and net profits attributable to shareholders of 705 million Yuan, down by 34.86% year on year. The basic ...
While no injuries have been caused to date, 22 cases have been reported of small parts detaching from the sets. US toy firm, Alex Toys has recalled around 91,000 of its playsets over fears the products could pose choking hazards to young ...
Tags: Alex Toys, recall, choking risk
The campaign is calling on Disney to ensure living wages for workers and improved working and living conditions. Green America is calling for Disney to improve the conditions for workers in its Chinese toy factories. The campaign wants ...
Tags: Green America, Toy
GEW will introduce its new fully aircooled LED UV curing system for the label printing, coating and digital printing industry at the Labelexpo Americas, which is scheduled to be held in Rosemont, Illinois, US, from 13-15 September. At ...
Tags: UV curing systems, LED
YPB Group has expanded its Protect solutions suite with the introduction of anti-theft solutions for retail business. The company will deliver anti-theft solutions such as radio frequency (RF) and acousto-magnetic (AM) pricing and product ...
Tags: YPB Group, self-alarming tags
Members of the Automotive Information Sharing and Analysis Center (Auto-ISAC) released an overview of comprehensive Automotive Cybersecurity Best Practices, developed as a proactive measure to further enhance vehicle cybersecurity ...
Tags: auto industry, Cybersecurity
The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
Bega Cheese has published its first ever sustainability report. Looking back on its 2015 financial year, the report examines the dairy company's environmental and social impacts. It reveals that Bega Cheese achieved a 7 per cent ...
Tags: Bega Cheese, Cheese
Domestic demand is a key pillar of Chinese economy as the second quarter saw smooth growth and China will continue to promote the new economy to foster growth, Chinese Premier Li Keqiang said on Monday. The Chinese economy is going on ...
Tags: Chinese economy, Domestic demand
Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – has completed its strategic review and will ...
Tags: Emcore Corp, optical chips
The Chinese government is struggling to meet its annual fiscal targets, finance minister Lou Jiwei warned Wednesday. The central treasury received 2.968 trillion yuan (about 446.4 billion U.S. dollars) from January to May, a year-on-year ...
Tags: fiscal targets