Constantia Flexibles Group, one of the world’s leading manufacturers of flexible packaging products and labels, surpassed annual sales of two billion euros in 2016 , the first time in its history. The company also achieved record ...
Tags: Constantia Flexibles, packaging
Confectionery giant Mondelēz International has launched a new wholesome savory biscuit brand, dubbed Véa. Designed to drive growth in the savory cracker segment, Véa is a key pillar of our goal to be the global leader ...
Beijing's "cautious tightening signals" for credit are largely being ignored by banks and at the local level, where attention is focused on maintaining steady economic growth, especially with key Communist Party meetings looming this year, ...
Tags: emerging markets
Worldwide spending on robotics and related services will more than double by 2020, growing from US$91.5 billion in 2016 to more than US$188 billion in 2020, according to the newly updated Worldwide Commercial Robotics Spending Guide from ...
Brown Forman, the maker of Jack Daniel's Tennesee Whiskey, has reported a decline in its second-quarter profit and sales. Net sales dropped 3% year-over-year to $830m. Reported operating income fell 4% in the quarter to $291m. Diluted ...
Tags: Brown Forman, Whiskey
Toyota Motor Corporation (Toyota) and its fully owned subsidiary Daihatsu Motor Co., Ltd. (Daihatsu) plan to establish an internal company that will be responsible for compact vehicles for emerging markets, from product planning to ...
Tags: Toyota, Compact Vehicles
Toyota Motor Corporation (TMC) has decided to establish an in-house venture company responsible for developing electric vehicles (EVs). The venture company, which will be a virtual organization consisting of four persons―one each from ...
Tags: Toyota, EV Development
Dean Foods has partnered with an independent farmer cooperative CROPP to set up a joint venture to strengthen Organic Valley milk brand. Through Dean Foods' processing plants and refrigerated direct store delivery (DSD) distribution ...
Tags: Dean Foods, Organic Valley Milk
After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing ...
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
Suzuki Motor and Toyota Motor have agreed to start exploring ideas that are directed towards a business partnership. The environment surrounding the automotive industry has been changing drastically and rapidly in an unprecedented ...
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
Persistent makers in Taiwan’s wooden furniture sector adopt different strategies to survive a severe recession caused by insiders continuously migrating. Taiwan's wooden furniture manufacturers experienced a golden age back in the ...
Tags: wooden furniture
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
Samsung Electronics Co., Ltd., an expert provider of advanced memory solutions for more than three decades, today announced worldwide availability of the 750 EVO solid state drive (SSD) in 120GB, 250GB and an all new 500GB capacity. The 750 ...
Tags: 750 EVO SSD, 500GB capacity