Design and packaging firm Graphic Packaging International has agreed to acquire 100% of Australian folding carton supplier Colorpak. Under the agreed terms, Graphic Packaging would pay $0.68 per share inclusive of a fully franked dividend ...
Tags: Graphic Packaging, Folding Carton
Callaway Cars will offer the world’s most powerful street legal 2016 Camaro available through select North American Chevrolet dealerships. With the patented Callaway GenThree supercharger package, cooling system and styling, the ...
Tags: Callaway Cars, 2016 Camaro
Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
Total shipments of smartphones by China-based vendors grew 8.8% on quarter and 18.3% on year to 154.2 million units in the fourth quarter of 2015, according to the latest data released by Digitimes Research. Of total shipments, China ...
Tags: smartphones, Huawei
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
The general outlook for the 2016 PV market has become more certain as China, the U.S. and the U.K. finalize their respective subsidy policies. “China plans to connect the country’s PV power plants onto the grid before the middle ...
Tags: PV market, multi-Si wafers
Taiwan-based makers in the iPhone supply chain must have been aware that sales of iPhone 6s and 6s Plus have gradually lost their momentum, meaning Apple's orders for iPhones and related parts and components are going to decline in the ...
Tags: iPhone, iPod, Apple Watch
China saw a record number of firms established in 2015 despite the slowing economy, official data showed. Chinese set up a total of 4.44 million companies last year, up 21.6 percent from a year ago, which means 12,000 new companies every ...
Tags: Chinese economy, economic slowdown
First-tier China-based PV module makers have been setting up PERC (passivated emitter and rear cell) solar cell production lines to meet growing demand for high-efficiency PV modules in the China market, with an estimated total annual ...
Tags: Solar Cell, PV modules
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...
Tags: oil product, gasoline
Power supply shipments are expected to grow strongly beginning 2016 as demand for industrial power supplies starts growing rapidly and sales of consumer power supplies also start picking up. The growth is expected to help power supply ...
Tags: Power Supply, Delta Electronics
China on Wednesday lowered its current account surplus for the third quarter and revised its estimate for the capital and financial account from a deficit to a surplus. The third-quarter surplus under the current account was cut to 60.3 ...
Germany's biggest lender, Deutsche Bank, has agreed to sell its nearly 20-percent stake in Chinese bank Hua Xia for around 3.3 billion U.S. dollars to PICC Property and Casualty Company. The sale still has to be given the ...
Tags: Deutsche Bank, Hua Xia Stake
China's outstanding foreign debt settled at 1.53 trillion U.S. dollars by the end of September, data from the country's forex regulator showed on Wednesday. Most of the debt owed to foreign creditors resulted from short-term borrowing, as ...
Tags: External Debt