Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne is pursuing a tie-up between FCA and its US based rival General Motors, giving it ‘high priority’. The move is aimed at reducing the number of players in the industry and ...
General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...
Tags: General Electric, Fleet Business
Sony is reportedly planning to venture into the automotive market after Google and Apple. The company is open to collaborate with traditional automakers and said that the advent of electric cars has lowered entry barriers for new ...
Tags: automotive market, Sony, electric cars
China recorded export value of CNY1.20 trillion (US$189 billion) and import value of CNY836.1 billion in August, respectively decreasing 6.1% and 14.3% on year, according to statistics released by China's General Administration of Customs ...
Tags: GDP growth, declining imports
Even though China's top 10 largest mobile phone exporters were still the international brands such as Apple and Samsung and their original equipment manufacturers, Chinese mobile phone manufacturers-led by TCL, ZTE and Huawei-saw their ...
Tags: cellphone, smartphone
While many domestic cosmetics brands are challenging international giants like L'Oreal and Estee Lauder in China, one brand is slowly encroaching on their home turf. Herborist, a herbal medicine-based cosmetics line owned by Shanghai ...
Tags: Cosmetics, Chinese Cosmetics
Twenty three LED manufacturers have released their financial results as of Aug. 25, 2015. A lot of analysis has been done to understand net profit and sales revenue. LEDinside focus on the most discussed “price war” and have ...
Tags: LED chips, LED luminaires, LED package
General Mills is planning to reduce greenhouse gas emissions by 28% across its full value chain over the next 10 years. The company said that it calculated the amount of emission to be reduced using science-based methodology. General ...
Henkel Adhesive Technologies, a solution provider for adhesives, sealants and functional coatings, has unveiled its “Lighting in 2025” report, with up-to-the-minute research on current and future trends in the lighting industry. ...
Tags: adhesives, sealants, functional coatings
Axalta Huajia Coatings, a joint-venture of leading global supplier of liquid and powder coatings, Axalta Coating Systems and Huangshan Yongjia Group Co. Ltd., has developed a new warranty program for its Alesta architectural powder coatings ...
Automobile major Skoda has developed a slew of apps. including SmartGate and SmartLink apps, capable of displaying certain data of the vehicle on the smartphone or tablet covering a spectrum of 40 different parameters. While SmartLink ...
Tags: Skoda, Smartphone
Taiwan Bicycle Association (TBA) reports that a drastic increase of sales to the United States and its neighboring countries, as well as in Japan fueled a 13.9 percent increase in the country's bike exports during the first four months of ...
Tags: Bicycle Exports, high-end bike
China issued a notice Monday encouraging mergers, cash bonuses and share repurchases by listed companies as part of its efforts to push forward reforms of state-owned enterprises and promote the steady and healthy development of the capital ...
Tags: Cash Bonuses, Share Buybacks
Health conscious Australians are making beetroot a kitchen staple according to AUSVEG’s Project Harvest consumer research. Interest in beetroot has boomed among shoppers keen on in its nutritional benefits following the vegetables ...
Tags: kitchen staple, Beetroot
India-based dairy company Prabhat is planning to improve its net profit in 2015-16 by using INR1.85bn ($27.9m) out of its INR3bn ($45m) public issue to reduce debt. The company, which recently ventured into value-added products such as ...
Tags: condensed milk, milk powders