Denmark’s food processing firm Danish Crown is planning to setup a processing and retail product facility in Shanghai, China as part of its 2021 strategy. The company plans to invest about DKK300m ($43.9m) for the plant, which will ...
Tags: Danish Crown, Processing Facility
Irish dairy products firm Ornua has announced to invest €10m to expand its Neukirchen-Vluyn, production facility in Germany. The investment is aimed at meeting the growing demand for its Kerrygold products in Germany. The expansion ...
Tags: dairy products, German Facility
LCD TV panel shortages are prompting panel makers to shift their capacity and the issue has caused notebook panels to see tight supply, according to Compal Electronics president Ray Chen, while notebook panel demand will remain strong in ...
Tags: LCD TV panel, Notebook
Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
Dutch-based Jacobs Douwe Egberts (JDE), through its wholly owned subsidiary Sapphire Investments, has made an offer to acquire Singapore based Super Group for $1.45bn. Super Group is an instant food and beverage brand owner and ...
Tags: Super Group, Jacobs Douwe Egberts
China imported 21.58 million mt of coal in October, including lignite, thermal and metallurgical material, down 11.7% from September but up 54.6% year on year, according to preliminary data released Tuesday by China's General Administration ...
Tags: coal, lignite, metallurgical material
Mazda Motor said it sold a record 775,000 vehicles in the first half of its 2016-17 fiscal year, slightly more than the previous record set last year. Europe contributed 123,000 units, up 12% year-on-year thanks above all to robust sales ...
Tags: Mazda, Mazda Motor
International Flavors & Fragrances announced that it has entered into an agreement to acquire Fragrance Resources. Founded in 1987, Fragrance Resources is a privately-held, family-owned fragrance company. For almost 30 years, it has ...
Tags: Fragrance Resources, Fragrance
Motorola’s new Moto M smartphone may not be official just yet, but it might as well be. China’s online shopping outlet TMall has already listed the Moto M, despite the phone not being due for launch until later today. The good ...
Tags: Motorola Moto M, smartphone
The traditional Chinese lunar calendar divides the year into 24 solar terms. Start of Winter, the 19th solar term of the year, begins this year on Nov 7 and ends on Nov 21. Start of Winter is the first solar term of winter, which means ...
Tags: lunar calendar, solar terms
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
Passenger car sales in China, the world's biggest auto market, will grow nearly 13 percent this year from a year earlier, data from an industry association showed Tuesday. Judging from this year's sales trend, sales of passenger and ...
Tags: Passenger Car, Auto Market
We take a look at nine phones that helped Android become the world's most popular mobile OS. Android may be the world's most popular mobile OS (currently, around 87% of smartphone users are Android adherents) but it didn't get there ...