Automotive parts manufacturing company, Delphi Automotive has agreed to sell its wholly-owned thermal business to MAHLE for approximately $727m, as as part of its restructuring plan. The company said that the proceeds from the sale will ...
Tags: Delphi Automotive
Chinese chocolate market would see a $4.3bn growth by 2019, a 60% increase from $2.7bn in 2014, says chocolate manufacturer Hershey. Hershey president Bert Alfonso told Reuters that the growth will be driven by demand from the growing ...
Tags: Chocolate Market, Chocolate
The 17th International Exhibition on Textile Industry or ShanghaiTex 2015 begins at the Shanghai New International Expo Center from June 15-18, 2015. This edition will see expansion of the ‘Digital Printing Machinery Zone’ and ...
It's the dead of winter. Delivery man Liu Jia and his colleagues start the day when most of people are still asleep. Working at a distribution point of a shopping website in Shanghai, they promise to deliver products within three hours of ...
Tags: Online Shopping, snacks
Gold jewelry demand cooled in China in 2014, in sharp contrast to the frenzied off take in 2013, and plunged 33 percent year-on-year to 624 metric tons, according to data published by the World Gold Council on Thursday India displaced ...
Tags: Gold jewelry, Gold
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
Chinese people used more credit cards last year, fresh evidence that the nation's traditionally frugal residents are looking for credit cards for everyday purchases. Chinese banks issued a total number of 455 million credit cards by the ...
Tags: Credit Cards, card holders
Valentine's Day brings bonanza for boxed bouquets of blossoms Florists recorded a surge in sales of roses in the week leading up to Valentine's Day, with more people ordering luxurious bouquets of roses packed in boxes. Flower retailers ...
Tags: Valentine's Day Roses, Red Rose
Yarn Expo Spring 2015 which exhibits a wide range of fibre and yarn products returns to Shanghai from March 18–20, 2015 in Hall 7.2 at the National Exhibition and Convention Center. Yarn Expo will showcase natural and blended yarns ...
Lower-tier cities will be focal point for expansion this year The fast-moving consumer goods market recorded slower growth last year, although momentum picked up in fourth-tier cities. The FMCG sector expanded 5.4 percent last year, ...
Global industrial coatings market is expected to witness growth owing to increased importance of corrosion resistance, high temperature performance and enhanced service life in automotive, marine, construction and oil & gas industries. ...
“I need to build an organisation that’s more diverse, more international and more global,” the LEGO Group’s CEO Jorgen Von Knudstorp tells ToyNews. Everything is awesome for LEGO after a bumper 2014, but the firm ...
Tags: LEGO Movie, LEGO Toy
Chinese stocks opened higher on Thursday morning, with the benchmark Shanghai Composite Index up 2.43 percent, or 77.09 points, to open at 3,251.21. The Shenzhen Component Index opened at 11,367.14, up 2.25 percent, or 250.59 points. ...
Tags: China Stocks, RRR Cut
This year's Spring Festival will be the first time Wu Rongrong uses China's bullet train to return home. The 2,000 km trip from Beijing, where the 27-year-old works selling sporting goods, to her home city of Guilin in Guangxi Zhuang ...
Tags: Railways, bullet train
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...