When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer
The European Steel Association (EUROFER) has welcomed the European Parliament's approval of a resolution demanding technically and economically feasible climate and energy targets for Europe's steelmakers within the European Union's steel ...
Tags: Steel Action Plan, European Steel Association, climate and energy policy
A strong presence from overseas and Chinese exhibitors awaits visitors to Intertextile Shanghai Apparel Fabrics this October. An estimated 3,500-plus exhibitors from 31 countries and regions will display their latest fabrics and ...
Tags: Apparel, Shanghai Apparel Fabrics
Australia In Australia the e-bike is defined by the Australian Vehicle Standards as a bicycle that has an auxiliary motor with a maximum power output not exceeding 200 W without consideration for speed limits or pedal sensors. Each state ...
Tags: Electric Bicycle, e bike, bike, bicycle
Freeway Lighting Solutions, a new division of the Rebound Group to offer a comprehensive range of LEDs, signed a Franchised Distribution agreement with LITEON to strengthen its LED offering. LITEON has a wide offering in all areas, such as ...
Tags: Freeway Lighting, Lights, LED, LED Displays
Building on the success of the 2012 edition, this year’s Intertextile Shanghai Apparel Fabrics will boast 15 halls, with over 3,500 international and domestic exhibitors featured across more than 170,000 sqm from October 21 to 24, ...
Tags: Textile, Strong European
The future of Fiat and Alfa Romeo in Australia is looking brighter than ever with the Italian brands expecting to substantially increase their sales over the coming years with a revamped line-up and a repositioning of the Italian ...
Tags: Fiat, Alfa Romeo, February
In the new EU Industrial Policy strategy,published on 10 October,the European Union announces its intention to focus on creative industries,such as the European fashion,high-end,and luxury industry. "Given their economic significance,it ...