Japanese Omron Automotive Electronics (OAE) has agreed to plead guilty and pay $4.6m fine for its involvement in rigging bids for power window switches in Honda Civics, the US department of justice (DoJ) said. The justice department said ...
Tags: OAE, Bid rigging case
After four years, Paul von der Heyde is stepping down as chairman of the British Furniture Confederation (BFC), the furniture industry's Government lobbying body. The new chairman is Jonathan Hindle, group managing director of KI (Krueger ...
Tags: BFC, KI EMEA, Industry Lobby Group
It's been suggested that some of Apple's engineering team might quit their jobs if the company loses its court battle with the FBI. The two parties are currently in the middle of a high-profile legal dispute over a locked iPhone ...
Tags: Apple, FBI, Engineering team
Arccos Golf, maker of GPS + Live Shot Tracking + Tour Analytics platform appinted Tom Williams to its senior management team as VP of marketing. In his new role, Williams will lead development and execution of Arccos’ global ...
Tags: Arccos Golf, Tom Williams, VP of marketing
International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
Alcohol Justice and the California Alcohol Policy Alliance (CAPA) are reporting that the first of two proposed bills to ban powdered alcohol in California has been passed by the powerful California Senate Governmental Organization (GO) ...
Tags: Powdered Alcohol, CAPA, GO, SB819
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
CCL Industries has appointed Guenther Birkner as president of the Healthcare & Specialty business at CCL Label in addition to his existing responsibilities in Food & Beverage. Peter Fleissner is appointed president of CCL Design, ...
Tags: CCL, Appointments
According to figures published by IDC, in the fourth quarter of 2015 over 14 million tablets were shipped to Western Europe as the market volume declined 10.1% on year. In value terms, however, the decline was only 1.8% on year, thanks to ...
Tags: Tablets, iPad volumes
Delta Electronics Inc. of Taiwan, a major maker of power supply products that has been aggressively developing new-energy businesses, said earlier that it is scheduled to kick off mass production of lithium-ion (Li-ion) rechargeable ...
Tags: Li-Ion Cells, Delta's product
Venture capital (VC) firm Sequoia Capital has invested in a craft beer brand Bira 91, which aims to capture the growing demand for craft beer in the urban market of India. Venture capital (VC) firm Sequoia Capital has invested in a ...
Tags: Craft Beer, urban market
GO2 Foods has acquired Yorkshire-based pudding maker Real Yorkshire Pudding Company (RYP) from its founder Paul Holmes. GO2 Foods is a new business which was founded by food industry executives. The deal will see RYP managing director ...
Tags: Real Yorkshire Pudding, GO2 Foods
Ten defendants representing the Shanghai and Hebei branches of Husi Food Company, a former supplier to McDonald's, KFC and Pizza Hut, have stood trial on charges of producing and selling shoddy products. The ten people and the two ...
Tags: Fast Food Chain, Meat Scandal
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery