BENTONVILLE, Ark., Aug. 31, 2016 – Wal-Mart Stores, Inc. (NYSE: WMT) will participate in the 23rd Annual Goldman Sachs Global Retailing Conference on Wed., Sept. 7. Chief Financial Officer Brett Biggs will participate in a fireside ...
Tags: WMT, 23rd Annual Goldman Sachs Global Retailing Conference
BENTONVILLE, Ark., August 19, 2016 – Today, Walmart Foundation President Kathleen McLaughlin announced via Twitter that Walmart and the Walmart Foundation are committing an additional $1 million to Team Rubicon, Convoy of Hope, ...
Shell announces today that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at the end of 2017. The host ...
Tags: Shell, Stones development, production
Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
Bentonville, Ark., (Sept. 21, 2016) – As part of Walmart’s continued focus on improving and enhancing the store experience for customers, the company recently awarded more than $200 million in second quarter cash bonuses to more ...
Tags: Walmart, cash bonuses, associates
Wal-Mart Stores, Inc. (WMT: NYSE) today announced completion of the company’s acquisition of Jet.com, Inc., following expiration of the waiting period under federal regulations. The news was initially shared on Instagram by Walmart ...
Tags: Wal-Mart Stores, acquisition, Jet.com
Canadian poultry and pork producer Olymel has announced to invest $11m to expand and modernize its pork processing plant at St-Henri-de-Lévis, Quebec. The investment will be used to establish new equipment at the facility which is ...
Tags: Olymel, investment, expansion
Drinks giant Diageo is reportedly planning to slash around 400 jobs at its London office in order to boost profits and reduce expenditures. The move from the company is seen to be a part of a three-year initiative designed to save ...
Tags: Diageo, cut jobs, headquarters
Google, Microsoft, and several other tech firms are all respectively mulling over a complete buyout of Twitter, according to a new report. CNBC reports that Twitter has received “expressions of interest” regarding an ...
Tags: Google, Microsoft, buyout of Twitter
At the InnoTrans trade show in Berlin, Germany (20-23 September), ABB of Zurich, Switzerland is launching a next-generation battery charger based on silicon carbide (SiC) power semiconductors for use in all rail applications. Train ...
Tags: ABB, InnoTrans trade show in Berlin, Sic-based battery charger
Prolamina, a division of ProAmpac and a global flexible packaging company, completed its Westfield, Massachusetts facility with a ribbon-cutting ceremony. More than 100 Prolamina employees, numerous friends, and state and local officials ...
Tags: Prolamina, ProAmpac, new facility
Esko, the global supplier of integrated solutions for the packaging, labels, sign and display industries, is proud to announce that Brazilian flexographic repro house Clicheria Blumenau has installed Esko’s 3000th CDI. The CDI Spark ...
Tags: Esko, CDI, Clicheria Blumenau
Meat processor Atria has received approval from the Finnish Competition and Consumer Authority to acquire Kaivon Liha Kaunismaa. In June, Atria announced that it would purchase 70% stake in Kaivon Liha to expand its business in Finland. ...
Tags: Atria, Kaivon Liha, acquisition
Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
UK based glass packaging manufacturer Beatson Clark has installed a new twin palletiser at its amber glass lines to boost production and flexibility. The glass manufacturer has invested £720,000 in a new Zecchetti conveyor line and ...
Tags: Beatson Clark, new twin palletiser, glass packaging production