BASF SE, the world's largest chemical company by sales, reported a sharp increase in profits in the third quarter on Friday, but warned that exchange-rate fluctuations will dent earnings growth in the fourth quarter. The Ludwigshafen, ...
Tags: Exchange Rates, BASF
The Freudenberg Group is further expanding its strategic global network, adding to the existing offices in China and the USA. The two Regional Corporate Centers in India and Brazil were opened in June and July. The first began operating ...
Tags: Freudenberg Group, Apparel
Consumers are continually changing the way they view, interact with and discard packaging. Whether you're a manufacturer or a product marketer, you know how important it is to reflect the changing needs of the consumer in your products. ...
Tags: Packaging, Printing, Consumer Packaging
SABMiller plc today provides an update on trading during the six months ended 30 September 2013. The calculation of the organic growth rates excludes the impact of acquisitions and disposals on net producer revenue and volumes. Alan ...
Tags: SABMiller plc, Trading Update
ICE cotton settled slightly lower this week, closing at 83.11 basis Z3. Growing cert stocks and lower YoY Chinese cotton imports in September prompted bearish headlines that, along with sagging technicals and ideas that the US crop may be ...
Bedding major Select Comfort said third-quarter sales rose 6.8%, but earnings tumbled more than 22% as economic uncertainties hampered profitability. The airbed manufacturer and retailer, which generates most of its sales through ...
Tags: Bedding, Light Industry, Daily Use
Faced with continued economic uncertainty and used to doing more with less, consumers will take a conservative approach to spending this holiday season. According to NRF’s holiday consumer spending survey conducted by Prosper Insights ...
Tags: Gift Budgets, Apparel
German carmaker Volkswagen Group has delivered 6.17 million vehicles in the first eight months of 2013, up by 4.5%, compared to 5.91 million vehicles in the same period of 2012. This is the first time that the Volkswagen Group has ...
Tags: Volkswagen Group, Vehicles
Mainly due to uneven recovery and ongoing systemic problems in global economies along with depreciating Japanese yen against the greenback, Taiwan's plastic and rubber machine industry experienced declining exports during the first half of ...
Tags: Plastic Extruders
The McLaren P1 is reportedly almost sold out, with only a handful still available to customers in Europe. Autocar reports every unit of the 673kW hybrid hypercar destined for markets in Asia Pacific, the Middle East, and North and South ...
Tags: McLaren P1, Hybird Hypercar
Ever-Glory International Group, a leading apparel supply chain manager and retailer based in China, reported its financial results for the second quarter ended June 30, 2013. Total sales for the quarter were $59.1 million, an increase of ...
The market for semiconductors used in industrial electronics applications relished a better-than-expected first quarter as macroeconomic headwinds turned out to be less severe than initially feared, according to the latest Industrial ...
Tags: Electrical, Electronics, semiconductors
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
The worldwide IT outsourcing market is poised to grow more slowly than previously expected, reaching $288 billion in 2013, a 2.8 percent increase from 2012, according to Gartner. Looking out further, Gartner predicts a 5.4 percent compound ...
Against a backdrop of market tumult, enterprise software companies this week reported mixed quarterly results. Though Red Hat reported a robust quarter, Oracle revenue flatlined and Tibco's sales and profit declined year over year. ...
Tags: Wall Street, Red Hat, Oracle, Software Vendors