A multi-stakeholder meeting in Dhaka convened by IndustriALL underlines need for urgent progress on workers’ rights, minimum wages and fire safety in order to secure a sustainable future for the garment industry in Bangladesh The ...
Photo courtesy of Sydney Ports Corporation. Opinion – Greg Cameron Selling a 99-year lease to Port Botany Container Terminal for $2 billion is bad economics. The deal requires Australian taxpayers to pay $4 billion for upgrading ...
Tags: Port Botany Container Terminal, Australia, Sydney Freight Corridor
Thorntons has booked higher first-half earnings, which were boosted by lower costs and a rise in sales. The UK chocolate maker said profit before tax and exceptional items rose to GBP5.3m (US$8m), up from GBP3.1m in the comparable period ...
Canadian dairy group Saputo looks set to quit Europe after deciding to close plants in the UK and Germany. Saputo said today (25 February) it did not have the "critical mass" for its European operations to be profitable. It announced ...
Tags: dairy group, Saputo, Europe
NYMEX April crude settled 29 cents higher at $93.13/barrel Friday after a largely rangebound trading session, bouncing back slightly after a two-day selloff. "We're pretty unchanged with the market attempting to stabilize after the ...
A Huddersfield pie manufacturer has been found guilty of health and safety breaches that killed a factory worker in a gas oven explosion. The site after the explosion in 2009 Andrew Jones Pies was prosecuted by the Health and Safety ...
Tags: Huddersfield pie, health and safety breaches, gas oven explosion
Confectionery manufacturer Thorntons plans to close a further 40 stores in this financial year, as it continues to focus on “significant growth” in multiple-channel sales via supermarkets and Thorntons Direct online. ...
Tags: Thorntons, stores, financial year
Following receipt of complaints regarding emission of effluents in water bodies, 300 textile dyeing units operational in Erode, a district in the South Indian state of Tamil Nadu, have been served with closure notices by the district ...
Tags: textile dyeing units, Erode, PTI
US-based Vie De France Yamazaki plans to shut down its frozen bread manufacturing facility in Bensenville, Illinois, as part of its efforts to consolidate production and control costs. The company stated that closure of the plant on 27 ...
Tags: Vie De France Yamazaki, frozen bread manufacturing facility, Bensenville
Weinig will transfer component production for tools from Switzerland to Tauberbischofsheim by mid-2013 and subsequently close down the business of Michael Weinig S.A., which is headquartered in La Chaux-de-Fonds, Switzerland. Weinig ...
Tags: Weinig, component production, company news
Short Mountain Moonshine, made by Short Mountain Distillery, is sold in 750 ml individually designed bottles made with custom grade flint glass. The new design features an indentation in the bottle’s shoulder containing a ...
Tags: Short Mountain Moonshine, custom grade flint glass, packaging
Abercrombie & Fitch Co. reported preliminary unaudited fourth quarter and fiscal year ended February 2, 2013 results Fiscal Year 2012 Summary Net sales for the fifty-three weeks ended February 2, 2013 increased 8% to $4.511 billion from ...
Tags: Sales, Abercrombie&Fitch, Apparel
Australian miner Rio Tinto has sent a notification to its mining operations contractor South Africa-based Eqstra Holdings, confirming that it has declared force majeure on coal exports from its Benga mine in Tete province and that all the ...
Tags: mine, mining operations, mining
ARM and Synopsys say they have taped out the first ARM Mali-T658 design using a 20nm process technology, ARM Artisan physical IP and shader functionality. The resulting RTL-through-sign-off design flow includes double-patterning ...
Tags: ARM, Synopsys, Mali-T658 design
US own-label firm TreeHouse Foods has booked a decline in full-year profits as restructuring and other one-off costs hit earnings. In the 12 months to the end of December, net profit slid 6.3% to US$88.4m, the company reported yesterday ...
Tags: Foods FY, TreeHouse Foods, grocery industry