A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal. The global food and drink ...
Tags: Nestlé
After posting anemic growth of 0.1% in 2012, Latin America's manufacturing sector is poised for moderate growth through 2014, according to a new report. The Manufacturers Alliance for Productivity and Innovation's Latin America ...
Tags: Processing Machinery, Machinery
Rigid plastic packaging producer Amcor Rigid Plastics has announced that all manufacturing facilities have earned or will earn certification by the Global Food Safety Initiative (GFSI), a global retailer-driven program that seeks continuous ...
New car registrations in the UK have increased 12.7% to 162,228 units in July 2013 and are expected to reach 2.216 million units this year, according to the Society of Motor Manufacturers and Traders (SMMT). Registrations of ...
Tags: car registrations, Car Sales
Furniture factory orders in May were 6% ahead of May 2012, but were up just 4% for the first five months of the year, according to the latest survey from the accounting and consulting firm Smith Leonard. The survey also showed that May ...
Tags: Furniture, Furnishing
General strengthening in the housing market over the past 18 months is translating into increased spending on home improvements, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at ...
Tags: Construction, Decoration, housing market
Furniture retailers reporting inconsistent to good business in the midst of this rebounding economy are heading here this week with an eye on price but an even sharper eye out for the new styles, colors and designs that can separate them ...
Tags: Retailers, Las Vegas Market
Logistics company Orion Air Ride is reporting an increase in furniture shipments. Orion, which specializes in nationwide white glove home delivery, says consumers are purchasing larger items such as furniture. "We've seen modest and ...
Tags: Shipment
Tesco UK was performing broadly in-line with its rivals Asda and Morrison, after recovering from "the body blow to its trade caused by the horse meat contamination", said Shore Capital analysts Darren Shirley and Clive Black. "With the ...
Tags: Agriculture, Food
Retail sales data for the month of June from the United States Department of Commerce and the National Retail Federation (NRF) showed relatively positive traction on the consumer spending front despite tailing off at the end of the second ...
Tags: economy
Rat meat passed off as lamb meat, dead pigs dumped in the Huangpu river, milk tainted with melamine and rice contaminated with cadmium – living in China, it sometimes seems like our food comes from the infamous factories of Upton ...
Tags: Domestic Firms, Food Safety
Non-manufacturing activity took a dip in June but remained in growth territory, according to the June edition of the Institute of Supply Management's (ISM) Non-Manufacturing Report on Business. ISM said that the index used to measure ...
Tags: Processing Machinery
A second foreign manufacturer of baby formula is planning price cuts amid an investigation by China's top economic planner. Dumex, part of France's Danone group, said Thursday it was preparing a price reduction proposal. On Wednesday, ...
Tags: baby formula, dairy products, milk powder
Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
DESPITE deep reservations about domestic political instability and shaky conditions in the resources sector, professional investors expect local shares to shrug off May's malaise and see the All Ordinaries index retest 5000 points by ...
Tags: economy