Plastic packaging manufacturer Amcor has signed a deal to purchase the US business of Constar International, which supplies plastic bottles. Constar interim CEO Louis Imbrogno, Jr said the transaction with Amcor will allow the company ...
Tags: Amcor, Packaging Business
Greencore’s full-year results reveal both the resilience of the convenience foods sector, after the horsemeat scandal, and the potential for earnings per share growth next year, according to City analyst Panmure Gordon. Greencore ...
German auto giants Volkswagen AG, BMW and Daimler see China's future as being electric - encouraged by generous government subsidies - but that bet puts them at odds with some of their Asian rivals. While the Europeans were heralding the ...
Tags: Auto, Transportation
BP’s business activities in the US helped generate more than $147 billion in economic impact in 2012 and support more than a quarter million American jobs, the company’s Group Chief Executive Bob Dudley will announce today in a ...
Tags: BP, US, economic impact, commitment, conomy
Intel Capital, Intel's global investment and M&A organization, has announced investments in 16 new technology companies totaling US$65 million. Spanning nine countries, the investments will help drive innovations in the cloud, datacenter, ...
Tags: Intel Capital, mobile technologies
TransForce has made a bid for Vitran, proposing a takeover at $4.50 per share. TransForce already controls 9.51% of the outstanding shares of Vitran. Vitran recently sold its US LTL division to the Moroun family in Detroit, which also ...
Tags: Transportation, Auto Parts
Sun Life Financial's US business group has introduced a new Stop-Loss Cancer rider, to help employers better protect themselves and their employees against the costs of cancer treatment. The insurer said that the rider offers an enhanced ...
Tags: Sun Life, Cancer Costs
he pendulum of the US economy remains on the upswing, according to the American Chemistry Council's (ACC) monthly Chemical Activity Barometer (CAB), released today. The economic indicator, shown to lead US business cycles by an average of ...
Tags: Construction, Decoration
Ford’s official European tuning partner, the UK-based Mountune, has announced its expansion into the US. Located in Southern California, the US operations include distribution, rolling road, machine room and engine-building ...
Tags: Ford Performance, US Expansion
BP has become the second oil and gas major in a day to announce it would have a new chief for its Australian operations, following fast on the heels of a similar announcement by ExxonMobil. Andy Holmes has been appointed president of BP ...
Tags: Exxonmobil, Chemicals
How do you rate the prospects for your food and drink business over the year ahead? Taking part in Food Manufacture’s 2013 exclusive State-of-the-industry survey will allow you to compare your views with other industry professionals. ...
Tags: Food Manufacture business survey, Food, UK
The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
US business Boulder Brands has acquired Cheshire gluten-free baking businesses Davies Bakery, previously part of Frank Roberts and Sons. Boulder Brands plans to launch 50 new gluten-free products in the UK Boulder Brands will establish ...
Tags: Food, Boulder Brands
Retail giant Tesco has reported pre-tax profits down 51% to 1.96bn – its first profit drop in 20 years – and revealed plans to close its US chain of Fresh & Easy shops in its full-year results for the 52 weeks to February 23. ...