Japan-based Mitsui has announced an agreement to acquire 15% stake in Turkey’s integrated packaging manufacturer Sarten Ambalaj Sanayi ve Ticaret. In a statement, Mitsui said that it will acquire the stake after accepting a ...
Volkswagen has announced that the company will be cutting a shift from its Russian plant in Kaluga, which will result in 150 job losses. The German automaker said, starting this April, the Kaluga car plant located in south of the capital ...
Tags: Volkswagen, Significant price, Auto Parts
As PSS (patterned sapphire substrate) makers have been expanding production capacities, PSS supply has significantly increased and therefore Taiwan-based LED epitaxial wafer and chip makers have asked PSS makers to lower quotes for a 4-inch ...
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The gains came despite challenging conditions in some markets, most notably in Russia and the Ukraine, which suffered serious economic problems. ...
Tags: Ecco, shopping, Recreation
Fans have chosen the cities, with four million votes have been cast from 182 countries worldwide. Hasbro has revealed the cities that fans have selected to grace the board of the upcoming Monopoly Here & Now: World Edition. For the ...
Tags: Monopoly Here&Now, Hasbro, Toys
Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses
General Motors has announced the exit of its Opel brand from Russia market by December 2015 as well as planned an overhaul of its entire business model in the country. Apart from taking off its Opel brand, the company will also minimize ...
Tags: Motor, Business Model, Auto Parts
Scania is one of the world’s leading manufacturers of trucks and cfor heavy transport applications, and of industrial and marine engines. Core to Scania’s operations is to provide solid parts and service support as well as ...
Tags: Scania, trucks, heavy transport applications, buses
Foton Motor overseas strategy are blossoming in Africa. And their KD plant in Kenya has finished and the assembly line are over 10,000 square meters with full refitting and test ability. And the new plant is rather important for Foton ...
Tags: Foton Motors, 52 KD Plants
Porto Cruz has launched a new design for its classic range to retain the style of the product and to enhance its brand visibility. The company will introduce the new packaging in Tawny, White, Ruby, Special Reserve and Pink at Prowein ...
Tags: Porto Cruz, new packaging, Scotch Whisky, Vodka
Japanese automaker Nissan Motor is planning to temporarily suspend production at its St. Petersburg plant in Russia due to fall in sales of its products in the country. The production will be suspended between 16th March and 31st March. ...
Tags: suspend production, Russian sales, Nissan
Global fast food restaurant chain McDonald's has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward trend. In the Asia Pacific region, the Middle East and Africa, sales decreased by ...
Tags: fast food restaurant, McDonald's
General Motors has announced that the company is testing the 2016 Chevrolet Malibu using data collected by the company since 1972. The company engineers analyze the data collected in data collection boxes that were placed in cars used ...
Tags: General Motors, Chevrolet, Malibu
A total of 30.8 million millimeters of two-inch equivalent sapphire ingots will be used for Apple Watch covers in 2015. This accounts for 18% of sapphire ingots produced worldwide for the entire year. Facing this new surging demand, the ...
Tags: Apple Watch, Sapphire, Sapphire Ingots
US-based winemaking company Rack & Riddle Custom Wine Services has expanded its product range with the introduction of five new private label sparkling wines. Produced in traditional French method, the five new sparkling wines include ...
Tags: Sparkling Wines, Rack&Riddle