French wines and spirits maker The Rémy Cointreau Group has generated €500.7m sales in the first half of the year (April-September), a decline by 5.9% from the same period last year. The fall was steep in the first quarter at ...
Tesla CEO Ellon Musk has urged users to be cautious while using the newly released "autopilot" mode which was rolled out over the air to model the Model S and new Model X in North America. Tesla Version 7.0 software's autopilot mode is ...
Tags: Electric Vehicle, Tesla, Autopilot Mode
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
While many domestic cosmetics brands are challenging international giants like L'Oreal and Estee Lauder in China, one brand is slowly encroaching on their home turf. Herborist, a herbal medicine-based cosmetics line owned by Shanghai ...
Tags: Cosmetics, Chinese Cosmetics
Sika is continuing to increase its production capacity in Russia through new and expansion investments. In Volgograd, in southern Russia, a mortar factory and a plant to produce concrete admixtures are being opened. At the existing site in ...
Tags: concrete admixtures, polymers
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...
Tags: textile manufacture, garment manufacture, cotton textile
Although sales of textiles machinery have fallen in 2013 and in 2014, those gathered at the annual general meeting of the Association of Italian Textile Machinery Manufacturers (ACIMIT) showed optimism. This optimism, according to an ...
Shanton Fashions, which operates a chain of women's clothing stores in New Zealand, has gone into liquidation that could threaten dozens of jobs, the media has reported. Although 18 stores are still trading, an initial report by ...
Debenhams has issued a trading update for the 15 weeks and the 41 weeks to 13th June 2015, and confirms the business is on track to meet full-year market expectations. Group gross transaction value was up 0.4% for the 15 weeks, and 1.7% ...
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
Capacity utilization rates at 8-inch wafer fabs have fallen at a faster-than-expected pace recently prompting foundry houses to lower their quotes, according to sources at Taiwan-based IC design houses. LCD driver IC suppliers have cut ...
Tags: LCD Driver, Analog ICs
After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms