US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
For electronics buyers, inventory control tends to be one of the most challenging aspects of procurement and supply chain management. Making the hurdle especially cumbersome is that fact that purchasing agents are often responsible for ...
Tags: Electronics Buyers, Supplier Negotiation Tactics, Costs
China's central bank reopened a US$29.98 billion offering of three-year bills meant to drain liquidity from the banking system in July, continuing a bias towards tightening, The Wall Street Journal reported. The People's Bank of China ...
Tags: China Bill, Tightening Bias
The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
The money-market squeeze that rocked Chinese banks last month may reduce credit growth this year by as much as US$122 billion, Bloomberg reported, citing a survey conducted by the news service. The figure represents the median estimate of ...
Tags: Credit Growth
The HSBC Purchasing Managers' Index (PMI) for the Chinese manufacturing sector retreated to 48.2, the lowest level since September 2012 and down from May's final reading of 49.2, as announced by the HSBC.The output sub-index contracted in ...
What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks
China sold US$2.1 billion in government bonds in the Hong Kong market on Wednesday despite the recent cash crunch in the mainland money market that spooked investors this week, Reuters reported. Demand for the yuan-denominated bonds was ...
Tags: HK Bond Market, cash crunch
Ailing Japanese TV maker Sharp says it will try to break into a host of new industries, from industrial cleaning robots to raising strawberries, to supplement its core LCD business. At an open house at its research facility in Nara, ...
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electronics and Foxconn Technology Group for business, sacking top management, and expanding ...
Tags: Sharp, LCDs, Electronics
Despite what he sees as shortcomings of Microsoft’s real-time communications platform, Lync, businesses will see value to some of its features, and supplement those with products from Avaya, says Avaya CEO Kevin Kennedy. “Are ...
Japan's Sharp is seeking an investment from U.S. chip giant Intel and other companies. A day after Kyodo News, Japan's largest news agency, reported that Sharp is in final negotiations for Intel to invest up to $500 million, the Japanese ...
Tags: Japan, Sharp, investment, Intel
Japan's Sharp, one of the world's largest makers of LCD panels and a supplier of displays for Apple products, has taken the rare step of mortgaging its factories and buildings to secure an emergency loan from its main banks, a spokeswoman ...
Tags: Sharp, Japan, LCD panel, electronics industry
Taiwan makers of light-emitting diode (LED) products are unlikely to see a recovery in 2013 LED equipment spending due to a lack of investments and an alarming sector-wide cash crunch, warns one industry analyst. Maxim analyst Aaron ...
Tags: Taiwan LED, MOCVD