Ball Corporation is planning to invest in the expansion of its manufacturing plant in Velim, Czech Republic, in a bid to cater to increasing demand for its impact extruded aerosol cans in Europe. As part of the proposed expansion, Ball ...
Tags: Ball Corporation, expansion, Packaging
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
UK-based dairy processing company Dairy Crest has acquired the remaining 50% shares in Promovita Ingredients Limited held by Fayrefield Foods Limited for £6m cash. Promovita was established as 50:50 joint venture between Dairy Crest ...
Tags: Dairy Crest, Promovita, Agriculture
Traditional Chinese medicine makers are expanding their presence in the global markets in a big way, as the government reiterated its support to further strengthen the sector. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, the ...
Tags: Traditional Chinese medicine, Overseas Markets, medicine
Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...
Tags: Huawei, ZTE, Colombian Market, cellphone
Chery Automobile has become the first Chinese automaker to have produced five million cars. The five millionth, Chery's best-selling model Arrizo5, rolling off a production line on Friday capped a good year for the company in defiance of ...
Tags: Chery, 5 Mln Cars
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
China's securities regulator announced on Friday that it has registered the first batch of Mainland-Hong Kong Mutual Recognition of Funds (MRF). China Securities Regulatory Commission (CSRC) has registered three Hong Kong funds under the ...
Tags: Funds Registered, Mainland-HK
British clothing and food retailer Marks & Spencer has opened its first store in Beijing, located in the CBD area. Costas Antimissaris, International Director of the retailer, says their strategy is to focus on big cities. "Our strategy ...
Tags: Marks&Spencer, food retailer, clothing
Hong Kong's Financial Secretary John Tsang on Friday expressed welcome to the mutual recognition of funds arrangement between the mainland and Hong Kong. "The mutual recognition of funds arrangement further deepens the mutual access ...
After a decade of negotiations, China and Australia will begin to implement a Free Trade Agreement on Sunday. Significant benefits to both economies are expected. Under the Free Trade Agreement, or FTA, nearly 86 percent of the two ...
Tags: FTA, China-Australia
China has the third largest IMF quota and voting share after the United States and Japan since the IMF reform plan being ratified by the U.S. Congress last week. [Photo: finance.sina.com.cn] Emerging powers like China, India, and Brazil ...
Tags: IMF quota, Emerging Economies
Nautilus Inc., a maker of home fitness equipment, promoted Jeff Collins to vice president, general manager retail. In his new role, Collins will continue leading the company’s strategic initiative to grow the retail channel ...
Tags: Nautilus Inc., Sporting, Recreation
As part of its strategy to move more significantly into power semiconductors for industrial and automotive markets, Littelfuse Inc of Chicago, IL, USA has made an investment in silicon carbide (SiC) diode and MOSFET supplier Monolith ...
Tags: SiC MOSFET, SiC Schottky barrier diodes, SiC power devices, Electrical
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery