Mitsubishi is reportedly in talks with Nissan for the development of a midsize vehicle. Automotive News cited a source familiar with the matter as saying that the talks began after Mitsubishi's talks with Renault ended. The company's ...
Tags: Mitsubishi, Midsize Vehicles
General Motors has announced that the company will suspend production at its at its St. Petersburg plant in Russia due to fall in Ruble value. GM fully owns the St. Petersburg plant and has another joint-venture plant in Russia with ...
Tags: General Motors, Volatile Rublec, car
ConAgra Foods is planning to end RyKrisps crackers production at its plant in Southeast Minneapolis, citing low demand. The closure of the plant, which is the only plant making RyKrisps, will result in over 15 job losses, The Pioneer ...
Tags: ConAgra Foods, crackers
Samsung Electro-Mechanics (Samsung Electro), the component affiliate of Samsung, said Thursday that it saw a turnaround in operating profits during the October-December period on the back of expanded clients and favorable currency moves. ...
American food and beverage company Dean Foods will halt operations at its Verifine Dairy plant in Sheboygan, Wisconsin, by the end of April this year. The Verifine Dairy fluid milk processing plant closure will result in 70 job cuts, ...
Tags: juices, teas, bottled water, Agriculture
As the tax authority said, China's pilot program to replace business tax with value-added tax (VAT) reduced tax revenue by 191.8 billion yuan ($30.7 billion) in 2014, the tax authority said Wednesday. The country expanded the VAT reform to ...
Tags: VAT Reform, Tax
Cargill has resumed operations at its hog slaughtering plant in Beardstown, Illinois. This plant processes 19,500 hogs a day. The plant slaughter operations were suspended on 23 January 2015 due to equipment failure, reports Reuters. ...
The government says China's e-commerce transactions totaled 2.1 trillion US dollars in 2014. The spokesman of the commerce ministry says the number represents growth of 25 percent compared to 2013. China has the world's biggest online ...
Tags: e-commerce, online population
Hong Kong has imposed a ban on poultry imports from some regions of Japan, Israel and Nigeria due to H5 avian influenza outbreak. The ban has been imposed on poultry, poultry products and eggs from Okayama prefecture in Japan, Haifa ...
Tags: eggs, meat, Agriculture
U.S. National Highway Traffic Safety Administration (NHTSA) is conducting an investigation on Fiat Chrysler Automobiles’ new Jeep Cherokee SUV after the watchdog received complaints regarding engine compartment fires. Around 50,415 ...
Tags: Engine Compartment Fires, Auto
China has imposed a ban on all imports of poultry, poultry products and eggs from the US, following detection of avian influenza in noncommercial flocks in the Pacific Northwest late last year, according to US Department of Agriculture. ...
Tags: Bird Flu, eggs, Agriculture
Anheuser-Busch (A-B) InBev has settled a lawsuit which was filed by two Miami residents in the US over deceptive Kirin beer packaging. The two residents accused the company for misleading consumers through its Kirin beer packaging that ...
Tags: Beer Packaging, bottles, can, Agriculture
General Motors has reportedly planning to cut prices for the 2015 CTS sedan in the US due to lack of demand for the vehicle. A spokesman confirmed the reports and saying that the company has informed Cadillac dealers about the price cuts ...
Tags: premium packages, best-selling luxury, Auto
US automaker General Motors has developed contingency plans for wider recall related to Takata air bag inflators. Reuters reported that the widening of the recall could lead to repair millions of vehicles. The company is also planning ...
Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...