Bonduelle has agreed to acquire Ready Pac Foods, the US producer of convenience fresh meal solutions, salads and fresh cut produce. The transaction is expected to close by the end of March 2017 following routine regulatory reviews and ...
Tags: Bonduelle, Ready Pac Foods
French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
Lenovo has announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenues were US$12.2 billion, a 6% decrease year-on-year. Third quarter pre-tax income was US$101 million, a 68% decline year-on-year. Net income ...
Tags: Lenovo, smart devices
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share. The model will be equipped with competitive ...
Tags: High-End SUV, Great Wall, SUV
On February 8, Jining Municipal Standing Committee and Secretary of Party Work Committee of New and High-tech District Bai Shan and other five entourages visited SINOTRUK. Deputy Secretary of Party and General Manager of SINOTRUK Cai Dong ...
Clearwater Paper reported financial results for the fourth quarter of 2016. The company reported net sales of $425.6 million for the fourth quarter of 2016, down 1.4% compared to net sales of $431.6 million for the fourth quarter of 2015 ...
Tags: Clearwater Paper
The UK new car market achieved a 12-year high in January, according to figures published by SMMT. 174,564 vehicles left showrooms last month – a 2.9% year-on-year uplift and the highest level since 2005. Significantly, however, the ...
Tags: Car Market
China National Energy Administration released statistics right after the Lunar New Year: Up until late-2016, the cumulative PV installation reached 77.42GW in China. The newly-added installation reached 34.54GW in 2016, a doubled growth ...
Tags: PV installation, mono-Si modules
Global demand for LED chips used in fine pixel pitch displays in 2017 will increase 30-40% on year, according to industry sources in Taiwan. The growth is due to increasing demand for such displays and increasing density of LED chips per ...
Tags: LED chips, LED Displays
There were 124.2 million smartphones shipped in the China market in the fourth quarter of 2016, increasing 8.0% on quarter and 5.3% on year and accounting for 29.6% of the global total, according to Digitimes Research. China-based vendors ...
Tags: Smartphones, Huawei
China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council ...
Worldwide shipments of traditional PCs (desktop, notebook, and workstation) totaled 70.2 million units in the fourth quarter of 2016, posting an on-year decline of 1.5%, according to the IDC Worldwide Quarterly Personal Computing Device ...
On december 16, Dongfeng Commercial Vehicle Company held 2017 Distributors Conference in Wuhan. In the conference, Dongfeng increased the target of market share to 15%. In terms of the target, Dongfeng has four upgrade of all the series ...
Tags: Dongfeng
Brazilian meat company BRF has launched a new subsidiary named OneFoods to target the halal market in Middle East countries. The company has commenced the operations of the new subsidiary, which previously was called Sadia Halal. With ...
Tags: Halal Market, BRF