The Indian economy is showing signs of a turnaround, according to the Organisation for Economic Co-operation and Development (OECD). However, new reforms, some of which are introduced by Prime Minister Narendra Modi, need to be implemented ...
Tags: Indian economy, Textile
The Boston Beer Company reported third quarter 2014 net revenue of $269.7m, an increase of $53.3m or 25% over the same period last year, mainly due to core shipment growth of 23%. Net income for the third quarter was $37.9 million, or ...
East Africa is undergoing a major transformation to become a new world-class player on the energy market. By 2025, east Africa is expected to experience an incremental production growth of nearly one million barrels per day (b/d), led by ...
Tags: energy market, Hydrocarbon
Visteon Corporation has completed the first and largest phase of the sale of its remaining automotive interiors business to Reydel Automotive Holdings B.V., an affiliate of Cerberus Capital Management, L.P. Headquartered in Michigan and ...
Just a month after Dutch electronics giant Philips said it would separate its healthcare and lighting businesses, German industrial conglomerate Siemens has announced a similar strategy. Siemens CEO Joe Kaeser announced Thursday that ...
Tags: Siemens, Healthcare Business, Medical Device
Wellspring Capital Management today announced that it has acquired Qualitor, a leading global supplier of branded aftermarket safety and wear products for the automotive aftermarket, from an affiliate of HCI Equity Partners. Financial terms ...
Tags: Wellspring Capital Management, asset-lite business model, Auto
Fox Factory Holding Corp. reported sales of its mountain bike products declined 8.1 percent in the third quarter ended Sept. 30 due to industry supply chain issues, increased competitive environment in certain product categories, and weaker ...
Tags: Fox Factory, MTB Products, Sporting Goods
Cabela's Inc. reported total revenue increased 4.1 percent in the third quarter, to $886.0 million. Retail store revenue increased 8.7 percent to $598.7 million; Direct revenue decreased 11.7 percent to $175.3 million; and Financial ...
Tags: Cabela's Inc, Sporting Goods
The Qatar Fuel Additives Company (QAFAC), the leading producer of methanol in Qatar, is set to organize the first-ever Middle East Methanol Forum on the 26th of November, 2014 at Sharq Village and Spa, in Doha. QAFAC will conduct the ...
Tags: Methanol, Fuel Additives
Mead Johnson Nutrition, a global leader in pediatric nutrition, opened its new production and research campus in Tuas, Singapore. The Tuas campus includes a manufacturing plant that will supply key ingredients and products to a number of ...
Tags: Mead Johnson Nutrition, campus, Food
Mothercare plc, the largest UK specialist retailer in its segment, said it will raise some £100 million through a rights issue and which will be £95 million, net of expenses. The rights issue is a fully underwritten 9 for 10 ...
Tags: Mothercare
Emerald Kalama Chemical, a business group of Emerald Performance Materials, commissioned its second benzoic acid reactor train at its facility in Rotterdam, Netherlands, adding 75,000 metric tons of capacity for the production of benzoic ...
UK-based distributor of protective packaging materials Macfarlane has acquired the entire issued share capital of Network Packaging for about £7.5m. The company has also conditionally raised £3m by placing 8,000,000 shares at ...
Tags: Macfarlane, Packaging
Loftware Enterprise labeling solutions, located in Portsmouth, New Hampshire, has won the prestigious Automatic Identification and Data Capture (AIDC) Case Study Competition 2014 for laser printing, organized by the Pennsylvania-based ...
Tags: Apparel, Label Printing
Even though graphite companies have been ever increasing blips on investors’ radar screens over the past couple of years, the space got a massive visibility and validation boost when the already iconic Tesla Motors announced its ...
Tags: Graphene, Panasonic, Electrical