The biggest weekly slump in the global gold price led Beijing's gold stores to cut their prices for the first time this year. The price in Beijing declined by 10 yuan ($1.5) per gram on Sunday. This was the first cut, following six earlier ...
Tags: Gold, Gold Prices
‘We are enthusiastic to join the KidKraft team because they understand our business, and we share the same passion for traditional and imaginative play,’ says Solowave’s Robert Bartucci. KidKraft is expanding into the ...
Tags: KidKraft, acquisition, Solowave Design
The global fish and seafood market has grown steadily in recent years, registering a compound annual growth rate (CAGR) of 3.8% between 2011 and 2015, according to data from research company MarketLine. MarketLine's latest report shows ...
Nexteer Automotive has opened its new World Headquarters in Auburn Hills, Michigan. The strategically located headquarters provides a strong platform for increased industry presence and expanded reach for skilled talent. To commemorate ...
The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...
Coastal Automotive, an automotive manufacturer from Southeast Michigan, is expanding production into Holland. Coastal secured the 300,000 square-foot production space at 900 Brooks Ave. The Holland facility is expected to begin operations ...
Tags: Coastal Automotive, IMPAXX
Production of the long-wheelbase version of the all new Mercedes-Benz E-Class in China has started. The vehicles are flexibly manufactured at the Chinese joint venture Beijing Benz Automotive Co., Ltd. (BBAC) on the same line as the ...
ConAgra Foods has announced that it would invest $200m to expand operations at its Lamb Weston’s facility in Richland, Washington, US. The expansion will see an addition of a new french fry processing line at the plant. While the ...
Tags: ConAgra, fry processing line
German automotive firm Daimler is planning to invest about €500m in a new engine production facility in Poland. The facility, which will be situated in Jawor, around 70km west of Wroclaw, will be Mercedes-Benz Cars' first in Poland. ...
Tags: Daimler, Engine Plant
TI Automotive, a supplier of automotive fluid systems technology, starts its new manufacturing facility in Monterrey, Mexico. The new, 53,000 square-foot facility will produce fluid carrying systems for the new Hyundai/ Kia manufacturing ...
Constantia Flexibles announed that strong sales growth resulted from all business divisions and was achieved primarily by strong volume increases in all regions. Constantia Flexibles, one of the world's leading flexible packaging and ...
Tags: Constantia Flexibles, Sales, Earnings
Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...
Tags: Mercedes-Benz, V-Class Vans, MVP
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Papa John’s Pizza continues its global growth as the third largest pizza delivery company in the world by opening its first store in Israel. Everyone in Tel Aviv will now be able to experience why better ingredients really do make a ...
Tags: Papa John's Pizza, Israel, Store