Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...
Tags: Hotel Chocolat, Business expansion
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
Offers for Chinese domestic spot aluminum alloy ADC12 tracked weaker primary aluminum ingot prices, industry sources said Tuesday. Platts assessed its weekly China domestic ADC12 price at Yuan 14,800-15,300/mt ($2,415-2,497/mt) ex-works ...
Tags: aluminum alloy, aluminum ingot
Gold jewelry demand fell 36 percent year on year to $21.11 billion during the second quarter that ended on June 30, according to the World Gold Council. By weight, gold jewelry demand dropped 30 percent to 509.6 tonnes. Gold demand in ...
Tags: Jewelry, Gold Jewelry
Prices of most of the 12 copper futures on the Shanghai Futures Exchange Friday fell week on week in thinner volumes as market participants adopted a cautious approach following news that Qingdao port had halted shipments of aluminum and ...
Tags: Copper Futures, Qingdao Port
The buying surge in rhodium that began two weeks ago during Platinum Week in London ended this week, with would-be buyers heading to the sidelines amid surging prices. The Platts New York Dealer rhodium price tumbled to $1,070-1,130/oz ...
Tags: rhodium, scrap recyclers
Ready for sunshine, chocolate eggs and jellybeans, consumers will welcome the Easter Bunny with open arms this year. According to NRF’s Easter Spending Survey conducted by Prosper Insights & Analytics, the average American celebrating ...
Tags: chocolate eggs, jellybeans
Replacement activity for older commercial trucks will drive growth in the work truck industry, and the sector will outpace the overall economy thanks to uneven business and consumer confidence, trade industry executives said here. ...
Tags: Transportation
European operators Vodafone, Telefónica and EE have all started testing LTE-Advanced, and are aiming to offer speeds over 200Mbps. But a lack of devices means commercial services will have to wait. While LTE is still in its infancy ...
Tags: software, Computer Products
For the first time since 2002, Thanksgiving falls as late as the calendar possibly allows it to, but eager holiday shoppers are already mapping their shopping strategies for the big weekend. According to a preliminary Thanksgiving weekend ...
Tags: US Shoppers, Holiday
The production of multicrystalline-silicon (c-Si) solar photovoltaic (PV) modules is set to dominate PV manufacturing during 2014, with p-type multi c-Si technology accounting for 62% of all modules produced, according to Solarbuzz. Solar ...
Tags: Solar PV Industry, Silicon Modules
Turin-based Italian steel company Tuxor, which is active in the export of construction steel (rebar, mesh, beams, merchant bar, sheet piles) and tubular products, has announced its financial results for 2012. In 2012, the company recorded ...