General Motors announced that it is acquiring Cruise Automation, a startup company that makes self-driving kits for certain types of cars. With this deal, General Motors will add Cruise Automation's software talent and rapid ...
The Sinotruk Sales Department made great efforts in various subdivided markets and consecutively obtained many big orders of over 100 sets in 2016. It even showed its great “magnetic field” during the Spring Festival with total ...
"We will create an investment environment that is fairer, more transparent and more predictable. China must always be a land that attracts foreign investments," said Chinese Premier Li Keqiang on March 5, in his 2016 government work report ...
The Spring Festival finished as the Lantern Festival ended. We should start to work after the wonderful festivals. Weichai Group made new breakthrough in its running in the last year by overcoming the sluggish market, further developing ...
Tags: Overseas Market, truck
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
United Natural Foods has reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and ...
Whole foods snacks manufacturer Dang Foods has received investment from Sonoma Brands, a food and beverage products incubator and venture fund. Under the terms of the deal, Sonoma Brands will take a minority stake in Dang Foods, while ...
Tags: Dang Foods, snacks
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
Spun-off from ITT Corporation in October 2011, Xylem Inc. was formed from ITT's separate water businesses and now operates as a global water technology organization. The company was organized into the five areas of transport, treatment, ...
Tags: Xylem, ITT, Patrick Decker
Foreign direct investment (FDI) in the Chinese mainland continued to grow steadily in the first two months of this year despite slowing overall growth. FDI, which excludes investment in the financial sector, rose 2.7 percent year on year ...
The local NPC & CPPCC have shown their enthusiasm of putting forward their proposals about political issues when the central NPC & CPPCC were just started. The development of logistics industry has attracted great attention in NPC & CPPCC. ...
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
For fourth-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $2.45m, more than halving from ...
Tags: Rubicon, Sapphire substrates
Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition