During 2014, the UK government announced that it was cutting beer duty by £0.01 per pint for the second consecutive year as part of its budget released in March 2014. This move was taking in an effort to boost a previously declining ...
Tags: Beer Sales Volume, Beer
House prices in the UK will see an average increase of 6% over the course of next year, according to the RICS housing forecast for 2016. With house prices predicted to rise across the whole of the UK in 2016, East Anglia is continuing the ...
Tags: UK House Prices
For fiscal second-quarter 2016 (to 26 December), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $94.1m (slightly above the $88-94m guidance). This is up ...
Tags: Oclaro, Wireless sales
Murray Goulburn has signed a five-year national private label contract to supply Coles-brand Australian cheese The move is part of MG’s ongoing push to secure critical mass in Australia's dairy foods market. MG said it would ...
Tags: Coles'Cheese, Murray Goulburn
Shrink sleeve films are one of the fastest growing label segments, in large part due to the shelf impact created by their ability to provide a 360-degree product presentation. According to US firm AWA Alexander Watson Associates, shrink ...
Contract packaging specialist South Atlantic Packaging Corporation has acquired Prostar Packaging for an undisclosed amount. The acquisition forms a part of the company's strategy to become a $50m enterprise by focusing on acquisitions ...
Tags: Prostar Packaging, Packaging
China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...
Tags: Shipbuilding Sector, shipyards
Shipments of smartphones in China grew 11.5% sequentially to 119 million units in the fourth quarter of 2015, buoyed by an increase of 54.5 million new 4G/3G service subscribers due to preferential packages launched by China Mobile, ...
Tags: Smartphone, Huawei, Lenovo
The California Public Utilities Commission (CPUC) approved San Diego Gas & Electric's (SDG&E) Electric Vehicle Grid-Integration pilot project, signaling the "green light" for the company to own and install thousands of electric vehicle (EV) ...
Tags: Electric Vehicle, renewable energy
Despite the holiday season, worldwide tablet shipments declined 13.7% on year to 65.9 million units in the fourth quarter of 2015, according to IDC. Total tablet shipments for 2015 were 206.8 million units, down 10.1% on year. Despite ...
Tags: tablet shipments, tablet
Pakistan Beverage has installed second blower from liquid packaging solutions provider Sidel in a bid to meet increasing market demand The company has equipped its production facility in Karachi with the new Standalone SBO8 Universal2Eco ...
South Korea has stalled the imports of US poultry and poultry meat following new cases of bird flu. This ban comes just two months after the Asian country resumed the shipments. However, imports of poultry meat treated with heat are not ...
Tags: US Poultry, Bird Flu
The US Department of Transportation Secretary Anthony Foxx has announced that the US government will invest nearly $4bn to support development of automated vehicles technology. US government will include the outlay in its budget ...
Tags: Autonomous Vehicle, pilot programs
Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV