The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Finland's Supreme Administrative Court has upheld a decision to impose a fine of €70m on dairy giant Valio for abusing its dominant market position in the domestic milk market. With the decision, the court has ended a long legal ...
Tags: Finland, Lowering Milk
As one of the auto manufacturer firstly located in Changsha economy and development district, FOTON Changsha plant has produced 800 thousand vehicles since 1999, accumulating sales revenue of 40 billion Yuan, realized the super development ...
Hilton Food Group has entered into an agreement with Sonae Modelo Continente to form a 50/50 joint venture for the supply of packaged meat products to Sonae stores in Portugal. The joint venture will supply a range of packaged beef, lamb, ...
Tags: Hilton, Meat Products
UK-based Route 1 Print has installed Friedheim International’s two Palamides Alpha 500plus mobile stacking machines. The installation is part of Route 1 Print’s efforts to continue its investment program. The firm intends to ...
Tags: Route 1 Print, Packaging
Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...
Tags: Greener Energy, clean energy
Bubbies Homemade Ice Cream & Desserts has been acquired by Chicago-based investment firm Kenex Holdings for an undisclosed sum. Headquartered in Aiea, Hawaii and founded in 1985, Bubbies makes mochi ice cream sold across the US and select ...
The Right Place, an economic development organization, has announced the relocation and expansion of two companies in the Grand Rapids of Michigan by collaborating with its state, regional, and local partners. The proposed projects are ...
Tags: Plastic Extrusion, Custom Profile
Oman’s Mazoon Dairy, which is coming up in the Buraimi governorate with an investment of OMR100m ($260m), is slated to become operational in the latter half of 2018. The dairy company has secured a site at Al Sunaynah, located in ...
Tags: Mazoon Dairy, dairy
Flexible packaging firm Uflex is planning to commence the production of packing liquid products at its new aseptic packaging plant in Sanand in Gujarat, a state in India by April 2017. Being built with an investment of Rs5800m ($85.2m), ...
Tags: Uflex, Flexible packaging
Indian dairy firm Verka has commenced operations at its new dairy and ice cream plant built with an investment of INR320m ($4.7m) in Punjab state. Dubbed as the Verka Bathinda Dairy and located in Bathinda, the dairy and ice cream unit ...
Tags: Ice Cream
London-based print specialist Kingswood iOptus augmented its wide-format digital print offering with the purchase of an EFI VUTEk GS3250LX Pro LED superwide-format printer and an EFI H1625 LED wideformat printer. Each complements the ...
Belgian chocolate and cocoa products firm The Barry Callebaut Group has completed the acquisition of a chocolate production facility from Mondelēz International. The acquisition of the facility, which is located in Halle, Belgium, ...
Tags: Barry, chocolate, cocoa products
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor