UK’s fresh prepared foods manufacturer Bakkavor Group has agreed to sell its Belgian fresh prepared food business, Vaco, to Culinor Food Group for undisclosed sum. The sale is part of Bakkavor's restructuring strategy to focus on ...
Tags: Bakkavor, fresh prepared foods
Brazilian meat company BRF has announced that it would establish a new subsidiary that will focus on supplying meat for Muslim markets. The company said it would set up a unit Sadia Halal that will hold assets related to the production, ...
Tags: BRF, Muslim Markets
The Chinese government is struggling to meet its annual fiscal targets, finance minister Lou Jiwei warned Wednesday. The central treasury received 2.968 trillion yuan (about 446.4 billion U.S. dollars) from January to May, a year-on-year ...
Tags: fiscal targets
Entertainment and character licensing remains the largest category, accounting for $113.2 billion, or 45 per cent of the total global licensing market. Retail sales of licensed products have jumped a significant 4.2 per cent on the ...
Tags: International Licensing Industry, licensed merchandise
POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical devices on a single ...
Tags: POET, BB Photonics, integrated photonic
Spurred by new technology and architectures, very small aperture terminal (VSAT) applications are evolving from enterprise connectivity and video to competitive wireless broadband alternative, notes the Strategy Analytics Advanced ...
Leekes Department Stores achieved growth in its financial year to 31st March, its owner achieving a £2m improvement in profitability with EBITDA profits exceeding £6m. Leekes Retail achieved 12% LFL growth in turnover up to ...
Tags: Leekes Department Stores, housing market, furnishings business
Hornby is attempting to make the business profitable again following a loss of £13.5 million in what it has said was a "difficult and disappointing year". Hornby has revealed its plans to cut the number of toys it makes in an effort ...
Tags: pre-tax loss, Hornby
KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...
Tags: Finisar Corp, datacom product
AppDynamics Inc of San Francisco, CA, USA says that Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA (which provides core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications) has chosen its ...
Tags: Qorvo, semiconductor, wafer
Kung Long has supplied its start-stop batteries to Honda for use in Honda’s PTWs sold in Vietnam (photo courtesy of UDN.com).The Taiwan-based Kung Long Batteries Industrial Co., Ltd., a specialized manufacturer of lead-acid batteries ...
The A2 Milk Company has revised its expected profits for the 12 months ended 30 June 2016. It now expects its revenue to be between NZ $350 million – $360 million. It also expects its earnings before interest, taxes, depreciation ...
Tags: A2 Milk, infant formula
New data from IBISWorld shows the Australian egg farming industry is expected to generate AUD $759.6 million in revenue in 2015-16. According to IBISWorld, in the five years leading up to 2015-16, Australia’s free range egg ...
Tags: egg, farming industry, cage egg