Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
KapStone Paper and Packaging Corporation reported results for the third quarter ended 30 September 2016. Third Quarter Operating Highlights Consolidated net sales of $777 million in the third quarter of 2016 were $31 million, or 4 ...
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
A third of the world’s investment in renewable energy last year came from China, the head of the International Renewable Energy Agency has said. Adnan Amin, director-general of IRENA which has 149 member states and works with ...
Tags: Renewable Energy, Energy
New rules have come into effect which will force broadband suppliers to make pricing much clearer in their advertising. Changes brought in by the Advertising Standards Authority (ASA) mean companies can no longer separate line rental from ...
First Milk has agreed to sell its Manchester-based CNP Professional business to The Protein Partners. The company took the decision after a full strategy review. First Milk said the move will allow it to focus more on its core product ...
Tags: First Milk, Protein Partners
Crown Holdings announced its financial results for the third quarter ended 30 September 2016. Third Quarter Highlights Earnings per share $1.31 for the quarter; $3.09 YTD versus $2.35 in 2015Adjusted earnings per share $1.33 for the ...
Tags: Crown Reports, Earnings
French dairy giant The Bel Group has entered into an agreement with LBO France to acquire a majority stake in fruit snacks and dessert maker MOM Group. Under the agreement, Bel will acquire 65% stake in the company, while the remaining ...
Tags: Bel, Healthy Snack
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
"Innovative play experiences, engaging storytelling and global execution of Hasbro's brand blueprint continues to drive consumer and retailer demand for our brand portfolio," said Brian Goldner, Hasbro's chairman, president and chief ...
Tags: Hasbro, Boys category
Stock Spirits Group has acquired three spirits brands from Bohemia Sekt for €5m to further expand its business in the Czech Republic. The brands, Prazska Vodka, Nordic Ice and Dynybyl Gin, were added to Stock Spirits' portfolio. ...
Tags: Bohemia Sekt, Stock Spirits
Campbell Soup Company has appointed Ed Carolan as president for Campbell Fresh (C-Fresh). Carolan, 47, will lead the division that includes Bolthouse Farms beverages, salad dressings and carrots, Garden Fresh Gourmet salsa, hummus and ...
Apple will set up a research and development center in Shenzhen, China, Chief Executive Tim Cook said Wednesday. Cook made the announcement during a meeting with senior officials in the city, which is renowned as a major global hub for ...
#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...