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
China's Consumer Price Index (CPI) in June is likely to increase 1.9 percent year on year, slightly less than the 2 percent recorded in May, according to an industry report. The official CPI for June is due to be released by the National ...
Tags: June Inflation, CPI
Honda Motor has issued the “Honda SUSTAINABILITY REPORT 2016” which summarises the company's approach to sustainability as well as initiatives Honda has undertaken based on key challenges identified in non-financial areas. ...
Tags: Honda Motor, sustainability, GRI
Kering chairman and chief executive Franis-Henri Pinault told the Financial Times that Puma was not for sale for the time being. He further said the company, which also owns a number of luxury brands including Gucci, Bottega Veneta and ...
Tags: YakKering, Puma, sports brands
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
Taiwan boasts a large number of globally competitive manufacturers of furniture parts, to enjoy solid presence in the global furniture supply chain.Despite global economic uncertainties, most of Taiwanese furniture parts makers have yet to ...
Tags: furniture parts, sustainable development, competitive edges
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
Perrigo Company has announced that it has reached an agreement to sell its US vitamins, minerals and supplements (VMS) business to International Vitamin Corporation (IVC) for undisclosed sum. The transaction is expected to be completed by ...
Tags: VMS, Perrigo Company
Bega Cheese has announced a reduction in its opening farm gate milk prices for the 2016/17 financial year. The dairy company will pay approximately 11 per cent lower across all its supply regions. This equates to a Victoria farm gate milk ...
Tags: Bega Cheese, ASX, milk prices
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
Taiwan’s overall export orders in May totaled US$33.73 billion, down 5.8 percent year on year (photo courtesy of UDN.com).Taiwan's export orders received in May totaled US$33.73 billion, down 5.8 percent year on year to represent the ...
The Netherland-based companies have formed a consortium to develop protein-rich foods amid growing demand for the products. The four firms in the consortium include NIZO food research, RoyalFrieslandCampina, Ruitenberg Ingredients and ...
US-based beverage can manufacturer Ball Corporation has received an approval from the European Commission (EC) for its proposed £4.4bn acquisition of Rexam. The move marks the final regulatory clearance in Europe for the company to ...
Tags: Rexam, beverage can manufacturer
"We are pleased to have reached an agreement to refinance our debt. This represents a significant step in our efforts to create a strong financial foundation and pursue long-term growth." Toys R Us has reached an agreement with ...
The teams will work together on new games under the Indie Boards and Cards imprint, while the Action Phase Games brand will be the home for Heroes Wanted games. Indie Boards and Cards has merged with Action Phase Games. The two US firms ...
Tags: Indie Boards, game designers