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The Sale of GM's China Adds up 21.3% in May 2012

Dec 4, 2012

US carmaker General Motors and its joint ventures have sold 231,183 vehicles in China, marking 21.3% rise in May 2012, over the same period in 2011. Shanghai GM has reported 7.1% rise in its domestic vehicle sales during the period to ...

Tags: General Motors, vehicles, domestic vehicle, carmaker

Freshlink Foods Plans to Close Its Frozen Sausage Factory

Dec 4, 2012

Freshlink Foods is planning to close its frozen sausage factory in Glasgow, Scotland, putting nearly 145 jobs at risk. The company has initiated a 90-day consultation period with its workforce about the future of the plant. According to ...

Tags: frozen sausage factory, future of the plant, leading food processor

Lockton San Francisco Has Selected Terry Brandt as The Company's Executive Vice President

Dec 4, 2012

Insurance broker Lockton San Francisco has selected Terry Brandt as the company’s executive vice president and director of the Lockton Alliance for Ministry Protection (LAMP) practice. The insurer said that Brandt will manage LAMP, ...

Tags: Lockton San Francisco, Terry Brandt, insurance, insurance service

Denim Brand Lee Announced The Launch of a New 360 Degree Campaign,"Free Your Night Side"

Dec 4, 2012

A WPP company and denim brand Lee and Ogilvy & Mather Shanghai announced the launch of a new 360 Degree campaign, “Free Your Night Side,” which celebrates the freedom to express oneself at night when wearing Lee’s Night ...

Tags: 360 Degree campaign, Lee, freedom, interactive theatre event

Mead Johnson Nutrition Invests $325m to Set up Facility in Singapore

Dec 4, 2012

Mead Johnson Nutrition has broken ground on a $325m facility in Singapore, which will cater to the increasing demand for pediatric nutrition products in Asia. The new facility will feature manufacturing plant, a research and development ...

Tags: pediatric nutrition products, manufacturing plant

Kyowa Hakko Kirin Has Sought Japanese Approval for KW-2246 as Cancer Pain Medication

Dec 4, 2012

Kyowa Hakko Kirin, Orexo's partner, has filed a new drug application (NDA) seeking Japanese approval for KW-2246 as cancer pain medication. The sublingual formulation of fentanyl earlier gained approval in US, EU and Canada as cancer ...

Tags: new drug application, cancer pain medication, pharmaceutical product

Lincoln Financial Has Registered a Net Income of $402m

Dec 4, 2012

Lincoln Financial has registered a net income of $402m, or $1.41 per diluted share, for the third quarter of 2012, from $153m, or $0.47 per diluted share during the same period last fiscal. Third quarter income from operations stood at ...

Tags: Lincoln Financial, net income, third quarter, disability insurance

Ring Container Will Carry out Cost Cutting Measures Over Sce's Auto-DR Program

Dec 4, 2012

Ring Container has appointed the Energy and Sustainability division of Premier Alliance Group to implement cost cutting measures through Southern California Edison’s (SCE) automated demand response (Auto-DR) program. Incentives of ...

Tags: Ring Container, Cost Cutting Measures, consumer packaging

Thomson Reuters Has Launched a New Mobile Oncology Decision Support Solution

Dec 4, 2012

Thomson Reuters' Intellectual Property & Science division has launched a new mobile oncology decision support solution to support R&D focused pharmaceutical majors. The solution provides a series of oncology-based clinical dashboards that ...

Tags: Thomson Reuters, new mobile oncology decision support solution

QBE Has Integrated RMS Teams

Dec 4, 2012

QBE has integrated Risk Management Services (RMS) teams, headed by Richard Thomas in an effort to leverage its relationship with clients and brokers. The RMS Practice will involve property, casualty, motor fleet and professional lines and ...

Tags: Risk Management Services, QBE, property, casualty, motor fleet

Beauty Packaging Product Sales in The Us Will Decline Over Economic Downturn

Dec 4, 2012

Beauty packaging product sales in the US would see a decline in the face of the economic downturn, a study has claimed. The negative trend experienced largely in Europe has also shifted to the US region with weakening of the expected ...

Tags: Beauty Packaging Products, economic downturn, flexible plastic

CNA Has Appointed Michael Strakhov as The New Vice President for Its Ohio Branch

Dec 4, 2012

US-based commercial insurer CNA Financial Corporation (CNA) has appointed Michael Strakhov as the new vice president for its Ohio branch, located in Columbus, US. Strakhov, in his new role will be responsible for synchronizing branch ...

Tags: CNA Financial Corporation, Michael Strakhov, vice president

Royal Dsm Purchases Food Ingredient Blends Provider Fortitech

Dec 4, 2012

Royal DSM,a life sciences and materials sciences firm based in the Netherlands,has entered into an agreement to acquire Fortitech,a US-based provider of food ingredient blends,for$634m in cash. Fortitech,a privately-held company based in ...

Tags: agreement, acquire, dietary supplement, infant nutrition

Parkside Strengthens Waste Management System

Dec 4, 2012

UK-based flexographic printer and laminating company Parkside has announced plans to invest in a 100% secure waste management system provided by its partners Roydon Group. A shredding and compacting system has been installed and ...

Tags: Waste Management System, tobacco packaging, investment

Medmarc Has Signed an Agreement to Merge Into Proassurance for a $153.7m

Dec 4, 2012

Medmarc Insurance (Medmarc) has signed an agreement to merge into ProAssurance for a $153.7m, all cash, sponsored demutualization that will provide Medmarc's eligible Members with cash payments of $146.2m and future policy credits of $7m. ...

Tags: Medmarc Insurance, merger, ProAssurance, insurance