Japanese automaker Honda Motor has agreed to pay a compensation of $605m related to the Takata airbag issue in the US. The settlement covers more than 16.5 million vehicles in the country, for installing potentially faulty airbag ...
Tags: Honda Motor, Takata airbag
Bandai partnered with the UK's number one kids radio station, Fun Kids as well as YouTube influencer Ruby Rube. Bandai has celebrated International Friendship Day with a series of promotions for its blockbuster brand Miraculous: Tales of ...
Tags: Bandai, Miraculous toys
The Laser X infrared gaming experience is expected to be one of the most in-demand toys for the Christmas season. Character Options has reported an excellent performance for its infrared real-life gaming experience Laser X, with the game ...
Tags: Laser X infrared gaming, toys
UK-based corrugated cardboard maker DS Smith has completed acquisition of a 80% stake in American packaging firm Interstate Resources from Merpas for $835m. DS Smith holds the option to buy out the remainder 20% stake in Interstate ...
China's direct investment in Pakistan from July last year to June this year stood at US$1.19 billion, up 11 percent year-on-year and accounting for 49 percent of the total foreign direct investment in Pakistan, according to the National ...
Tags: CPEC, Pakistan's Economy
UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
The UK's Competition and Markets Authority (CMA) has given its approval for the takeover of Punch Taverns by Dutch brewing giant Heineken. In June this year, the CMA raised the issue of affecting competition in 33 places in the UK, if ...
Spirits giant Diageo has completed its acquisition of George Clooney’s Casamigos Tequila brand, strengthening its position in the super-premium category. Under the deal, which was signed on 21 June 2017, Diageo initially paid $700m ...
Mouvent said its Cluster technology can now be adapted for all substrates, of all widths, for all markets. Mouvent, a joint venture formed by BOBST and Radex in June 2017, serves as energy provider for BOBST. The Mouvent Cluster ...
Tags: Mouvent, Inkjet Cluster
API is set to introduce new TA+ cold foil at this year’s LabelExpo Europe event in Brussels, Belgium. The event will take place from 25 to 28 September. The company has developed new cold foil for pack designers and printers to ...
Indian auto-maker Tata Motors and Volkswagen’s Czech Republic subsidiary Skoda have ended their talks on the development of a new car for the emerging markets. Volkswagen and Tata Motors signed a memorandum of understanding (MOU) in ...
Tags: Tata Motors, Volkswagen
CTI Industries, a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, has reported net sales of $12.81m for second quarter ended 30 June 2017, compared to $14.15m for the same period ...
Tags: CTI Industries, flexible packaging
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
Kite Packaging has expanded its range of white universal labels on a roll, catering to several industries. The company’s new white universal labels range is ideal to be used in printers that have a ribbon, as well as those that ...
Tags: Kite Packaging, Packaging
Finland-based self-adhesive label materials producer UPM Raflatac has purchased the assets of Texas-based paper and forest products company Southwest Label Stock for an undisclosed amount. The acquisition will enable UPM Raflatac to ...