Germany's annual IT business fair CeBIT said Sunday that the digitalisation of the economy is primary focus at this year's event, and the strong presence from China as partner country is attracting great attention. CeBIT, hosted by ...
Tags: CeBIT, IT business fair
Having debuted its first wearable, the Huawei TalkBand B1, back in early 2014, Huawei recently introduced its second-generation device, the Huawei TalkBand B2 at MWC 2015. Now, the Chinese manufacturer has told TrustedReviews its ...
Tags: Huawei, TalkBand B1, Wearable Updates
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
Investment group CorpAcq has forayed into the packaging industry with the acquisition of UK-based Northern Packaging for an undisclosed amount. Based in Altrincham, Northern Packaging operates from two sites in Skelmersdale, West ...
Tags: CorpAcq, packaging industry
A senior Chinese central bank official said Thursday that the country is "actively communicating" with the International Monetary Fund (IMF) on the possibility of including Chinese currency yuan, or RMB, in the basket of the Special Drawing ...
Tags: SDR Basket, Chinese currency
Sharp decline in orders led to sales at advanced weaving technology manufacturer Picanol Group plunging 25 per cent in 2014 as against in 2013. In a press release, Picanol said it realised a consolidated turnover of €418.2 million in ...
Hyundai is planning to build its second factory in Alabama, US to increase the production of SUVs in the country, reported Yonhap News Agency. The move is reportedly triggered following a drop in gas prices in the US, which has ...
Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
China's economic "new normal" can bring more opportunities for UK companies, British business leaders said on Wednesday. James Sassoon, chairman of the China-Britain Business Council, said China is undergoing a period of further ...
Tags: UK Companies, economic"new normal"
Manufacturer of packaging systems for the liquid food industry, Ecolean, will be investing in the expansion of its factory in Sweden with the installation of a cast line for packaging films, poised to be one of Europe's biggest. ...
Dutch establishment Wessanen will divest its juice business American Beverage Corporation in the US to Brynwood Partners, in a $55m deal. American Beverage produces and markets ready to drink cocktails, non-alcoholic cocktail mixers, and ...
Tags: Wessanen, Juice Business, Beverage
Global Packaging will expand its facility in the city of Hamlet in Richmond County, investing close to $9.8m that will lead to creation of 33 jobs over the next three years. Based in Oaks, Pennsylvania, Global Packaging specialises in ...
US-based packaging company Sonoco will acquire a majority interest in Brazilian flexible packaging business Graffo Paranaense de Embalagens for an undisclosed amount. Located in Pinhais, Curitiba, Graffo specialises in producing flexible ...
McCormick has taken over 100% shares of flavours producer Brand Aromatics for around $63m, a move that will expand the company's product portfolio. Headquartered in New Jersey, Brand Aromatics supplies natural savoury flavours, ...
Tags: McCormick, Flavours Producer, natural savoury flavours
Australia based private equity investment firm Pacific Equity Partners (PEP) has agreed to acquire Kerry Pinnacle, the Australian subsidiary of British baked goods firm Kerry Group. Reuters reported citing a person with knowledge of ...
Tags: baked goods, Kerry Group