Japanese firm Mizkan foods has revealed a plan to cut 66 jobs in Bury St Edmunds, one of its three food plants in the UK. Around 350 people are employed at the Bury plant, which produces Branston Pickle, Sarson's Vinegar and Haywards ...
Tags: Slash Jobs, Food Factories, Agriculture
Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero ...
Tags: food processor, Algerian Group
Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...
Whenever Nasser Edeeb visits Switzerland, which the 44-year-old businessman from Libya does with some frequency, there are two products he likes to pick up. The first are Swatch watches (for family, friends, himself), the second iPhones (if ...
Tags: Luxury Watch, Watch
General Motors has unveiled plans to strengthen its Brazilian operations over the next five years with an investment of $2.9bn. The company plans to focus on the development of new products, technologies and employee training as well as ...
Tags: General Motors, Auto Parts, Accessories
German steelmaker ThyssenKrupp has announced that it has decided to shut down one of the two electric arc furnaces at Acciai Speciali Terni (AST), its stainless steel plant in Italy, in 2015-2016 to focus on cold rolled products. ...
Tags: ThyssenKrupp, shut down, Metallurgy, Mineral
Osram has unveiled plans for nearly 8,000 more job losses. The announcement comes as the German lighting giant's Push programme, which launched in 2012, comes to a close. "We will successfully complete the first stage of Osram Push ...
Tags: Lights, Lighting, Electrical, Electronics, Osram
Anglo-Dutch consumer goods company Unilever plans to shut the ice cream facility in Clearwater, Florida, US. This move will result in 210 job losses at the facility. The company in a Worker Adjustment and Retraining Notification or ...
Tags: Unilever, ice cream facility, Food
Company expected to look at returning business to online-only presence. Morrisons has sold its childrenswear business, Kiddicare for £2 million to private equity firm Endless. According to reports this morning, Endless - which ...
Tags: Toys
China’s manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world’s No. 2 economy is bottoming out. HSBC’s purchasing managers’ ...
A national tribunal is to consider minimum safety standards for Australian petrol tankers, after nationwide research revealed 1 in 4 tanker drivers were pressured to speed and 1 in 2 drivers reported inadequate brake inspections. ...
Africa's big telecom operators have won a court battle over reducing mobile termination rates, a South African ruling that may have a ripple effect in the region. MTN and Vodacom last month sued the Independent Communications Authority of ...
Tags: Computer Products
National Retail Federation President and CEO Matthew Shay and NRF Chief Economist Jack Kleinhenz issued a response to the organization's February jobs report. "While there are signs of modest momentum in the economy, now is not the time ...
Tags: Sporting Goods, Recreation, Retail Industry
US-headquartered HJ Heinz plans to shut two of its manufacturing sites in Europe, a move which would lead to 350 job losses. Plant closures in Belgium and Germany are part of the company's efforts to improve its overall efficiency. The ...
Tags: Heinz, Manufacturing Sites
The upturn in the eurozone private sector economy gained momentum in December. Although the recovery remained modest and fragile overall, growth of output was nonetheless recorded throughout the second half of 2013. At a three-month high ...