Antifriction bearing maker SKF announced recently, Henrik Lange, SKF industrial marketing strategy industry president, will replace Tore Bertilsson to hold the post of CFO. SKF president of Asia Rakesh Mahija is names as the new president ...
Steering system supplier Nexteer plans to IPO get into the stock market in Hong Kong, and it may raises capital fund of US$500mn. Two people familiar with the situation released, Nexteer has submitted application for the sale of shares ...
On March 12, Audi released its results of 2012, Audi’s operating revenue, business profit, net profit and sales all grew year on year last year, but the growth rate of business profit was less than 1% year on year, much lower than the ...
Tags: Audi, business profit, 2012
Renault reached a restructuring agreement with 3 Unions recently. After paving the road, the company will assemble more new vehicles for cooperative partners Daimler and Nissan. According to the contract Renault signed with CFDT Union on ...
Tags: Renault, new vehicles, cooperative partners, Daimler, Nissan
According to the results of 2012 announced by Audi on March 12, the company will totally invest Euro 11bn globally from mow on to 2015. Axel Strotbek, CFO and president responsible for the finance and organization of the management ...
Tags: Audi, investment, Autos
Pinkberry, a US-based frozen dessert restaurants chain, has unveiled Pinkberrygreek, a fresh, not frozen, all-natural Greek yogurt. The company noted that consumers can enjoy Pinkberrygreek with fresh and culinary toppings, blended into ...
Tags: Pinkberry, Fresh Greek Yogurt, Food
Portola Packaging, a US-based manufacturer and marketer of tamper-evident plastic closures and bottles, is set to invest $12m in its Kingsport, Tennessee Tolleson, Arizona facilities. The investment will be used to boost its dairy ...
Tags: Portola, Kingsport, Tolleson Facilities
British food company Symington's is set to transfer its noodle production from China to Yorkshire, UK, in order to respond more quickly to retailers' demands. As part of the plan to shift the production, the company has cancelled ...
Tags: Symington, noodle production, Food
US-based Specialty Process Engineering Company (SPEC) has completed the startup phase of Ridgeland Fiber’s new ingredient manufacturing facility in the US. Ridgeland Fibers is a division of Sweetener Supply, which is a manufacturer ...
Tags: SPEC, Ridgeland Fibers, Food
California Giant Berry Farms has selected FoodLink to provide traceability data and smartphone friendly labels on every carton of its strawberries grown in the US. Under the deal, FoodLink will develop QR coded labels for clamshell ...
Due to Child Safety Lock fault, Ford recalled about 6,500 cars in North America, including the Focus and Escape. Ford announced to the NHTSA that they have recalled 5,675 new vehicles in the United States, and 859 new cars in Canada, ...
Yang Yuanqing, CEO of Lenovo Said may consider the acquisition of the BlackBerry. Affected by this news, the BlackBerry rose 14% on Monday. BlackBerry began to examine various strategic choices since last year, the reason was that its ...
Tags: CEO, Lenovo, BlackBerry
Volvo has appointed Briton Robin Page, formerly head of interior design at Bentley, as its new interior design director. Before joining Volvo, Page was responsible for interior design at Bentley Motors for 12 years, overseeing the ...
Tags: Volvo, Interior Design Chief, company news
According to foreign media reports, the advertising market research firm Kantar Media said in a report, Samsung mobile phone business ad spending in the U.S. in 2012 was $ 401 million, surpassed that of Apple, $ 333 million. The huge amount ...
Tags: Samsung, ad spending, Apple, company news
Nokia CEO Stephen Elop, said recently in an interview with the Swedish media, Nokia's goal is to beat Apple and Samsung to become the market leader. Elop said that Nokia will soon return to the leading position of the mobile phone industry. ...
Tags: Elop, Nokia, mobile phone industry