China's central government is now centralizing efforts to foster development in the nation's panel component and materials segments in an effort to develop more comprehensive supply chains in the nation following issued subsidies to local ...
Tags: Upstream Display, LED Display
Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
The Chinese government has been authorized to ease investment rules in three new free trade zones (FTZs) after top legislature gave the go ahead during a bi-monthly meeting on Sunday. The new zones will be located in South China's ...
Tags: Investment Rules, Free Trade Zones
Eastman Chemical Company has announced it will join Together for Sustainability (TfS). Eastman and TfS have confirmed acceptance of Eastman's application to the consortium as the first U.S.-based company to join, with plans to finalize ...
Tags: Eastman Chemical, Construction
Volkswagen's Audi division plans to spend nearly €24bn ($29.3bn) on new models, plants and technology over the next five years, an increase of €2bn from the previous planning period. Audi said it is expanding the 'biggest ...
Tags: New Models, Plants, Technology, Auto
China's economy is likely to expand at a slower pace of 7 percent in 2015 and 7.3 percent this year, a government think tank said in a report on Monday. Due to factors such as overcapacity in some manufacturing industries, the country's GDP ...
Tags: China Economy, home price
Mrs. Fields Confections, a subsidiary of Famous Brands International, has acquired Maxfield Candy Company for an undisclosed amount. The transaction includes the acquisition of Maxfield Candy's brands Maxfield Candy and Nutty Guys. This ...
“Degradable natural fibres have an advantage over synthetics when it comes to the environment. Having said that, there are developments in the pipeline to aid the environmental sustainability of synthetics,” the head of a full ...
Tags: synthetics, wool, cashmere, alpaca, Textile
Apple Pay could be introduced to UK retailers ‘in the first half of 2015’, latest reports have suggested. According to the Telegraph, Apple is currently in talks with a number of British banks over plans to introduce Apple Pay ...
Tags: Apple, Consumer Electronics
HTC has revealed it has plans to expand its smartphone line-up with a selection of new entry-level handsets. Jack Tong, the firm’s President of North Asia, revealed that next year will see more low-spec 4G smartphones hit store ...
Tags: HTC, Smartphone, CES
Taiwan-based Everlight Electronics will invest NT$10.0 billion (US$317 million) to expand its LED packaging capacity by 25% from the level at the end of 2014 in 2015-2017, according to company chairman Robert Yeh. Everlight may further ...
Koch Optics Inc, a subsidiary of Koch Industries Inc of Wichita, KS, USA, has completed its tender offer to purchase all issued and outstanding shares of common stock of optical communications component, module and subsystem maker Oplink ...
Tags: Koch Industries, Oplink
Russia-based Syassky Pulp and Paper Mill has signed a contract with Italy’s Toscotec for the supply of a new tissue line at its mill in Syasstroy, in the Leningrad region of Russia. The new equipment will help in producing higher ...
Tags: Syassky Pulp, Paper Mill
Sonoma Cider has expanded its distribution network by adding two California distributors including Harbor Distributing and Pacific Beverage. The companies have signed distribution agreements to this effect. Under the agreed terms, ...
Tags: Sonoma Cider, Beverage