Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
After years of development, motorcycle industry has become an important part of national economy. China produced 3674900 units of motorcycles in 1993, exceeding Japan for the first time. Up to 2005, China ranked first in motorcycle ...
Tags: Motorcycle, motor parts
Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
Two Chinese nuclear power giants on Wednesday concluded a deal on a joint venture to promote China's third-generation nuclear reactor design, Hualong One, in overseas markets technologies. The Hualong international nuclear power ...
Construction of the second unit of a pilot nuclear power project began in Fuqing, southeast China's Fujian Province on Tuesday. The project will use the domestically-developed third generation reactor Hualong One technology. Hualong One ...
Construction on the first unit of a pilot nuclear power project using a Chinese reactor design began in south China on Thursday. Workers on Thursday morning broke ground on the unit that will use Hualong One technology, a ...
Tags: Nuclear Power Project
Cooke Seafood Group has initiated an offer to acquire Uruguayan seafood company Fripur S.A. Cooke's exclusive investment banking advisor for the deal is Antarctica Advisors. The acquisition offer was in line with the Court's ...
Tags: Cooke Seafood Group, Fripur S.A., Food
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
The government of Neuquen, a southwestern province of Argentina, said Monday it has approved ExxonMobil's investment plan for developing shale resources in the Bajo el Choique and La Invernada blocks. The company will work with Gas y ...
Tags: shale, GyP, natural gas
Revolution Lighting Technologies, a leader in advanced LED lighting technology solutions, today announced that its distributor Brightness LLC has provided more than 3,500 RVLT LED Thin Panel and Vapor Tight fixtures for installation at ...
Tags: LED Lighting, medical facility, RVLT
Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland (ADM), has acquired 80% stake in peanut shelling and storage facility in Jan Kempdorp, South Africa. The company has been operating the unit on lease basis since May. ...
Tags: Golden Peanut, Tree Nuts, Peanut Shelling
Juan Jose Aranguren, the next energy minister of Argentina, said Friday he will seek to rebuild investor confidence in the country by improving business conditions after taking office December 10. "We need, as in other sectors of economic ...
Appropriately themed “Envision the future of lights” after its mission, the 20th edition of the Guangzhou International Lighting Exhibition had participants sharing inspirational ideas and innovative technologies. Dialogue of ...
Air freight volumes were up slightly in September according to the IATA, with freight tonne kilometres (FTK) 1.0% higher compared to a year ago. This was a small improvement on August, when volumes were broadly stable year to year, however, ...
Tags: Air Freight, world trade
Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...