Medtronic isn’t the only medtech company facing criticism over potentially moving its headquarters overseas. Hospira is also taking flak—even though it is only rumored so far to be in talks with French company Danone for a ...
In a three-year period, the small island nation of Mauritius was the highest foreign direct investor in the Indian textile and apparel sector, accounting for a little less than 50 percent of the FDI inflows into the Indian textile sector. ...
NASDAQ-listed and a branded uniform and facility services programs provider G&K Services, Inc said its full year adjusted operating income touched a record high in its fiscal year ending June 28, 2014. Full year adjusted operating income ...
Tags: G&K, Apparel, Accessories
LONDON (AP) — Britain’s economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday. The Office for National Statistics said gross domestic ...
TOKYO (Kyodo) –The government on Tuesday cut its forecast for Japan’s economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike, the first in 17 ...
Tags: Japan, Electrical, Electronics
The National Retail Federation (NRF) is supporting the Marketplace and Internet Tax Freedom Act. The legislation was introduced by Senators Michael Enzi, Richard Durbin, Lamar Alexander, Heidi Heitkamp, Susan Collins and Mark Pryor. The ...
Tags: NRF, Marketplace, Sporting Goods
TOKYO — The Japanese government raised its assessment of the economy’s direction this month for the first time in half a year in light of a rebound in consumer spending. “We think the reaction (after a demand surgeA ...
Tags: Japan, Electrical, Electronics
The Japanese economy shrank an annualized real 6.8 percent in the April to June quarter, falling at its fastest pace since the March 2011 disaster, apparently due to the consumption tax hike on April 1, the government said Wednesday. The ...
Tags: economy, domestic product
Performance Sports Group Ltd, (PSG) which recently acquired the Easton diamond sport business, reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago ...
Tags: Performance Sports, Revenues, Sporting Goods
Alliant Techsystems Inc. filed a registration statement Wednesday with the Securities and Exchange Commission to spin off its hunting and shooting sports business to shareholders as a new stock trading under the name Vista Outdoor Inc. ...
Tags: Alliant Techsystems, registration statement, Sporting Goods
Germany-based steelmaker Salzgitter Group has announced its financial results for the second quarter and the first half of the current year, stating that the company closed the first half with a significant year-on-year improvement in its ...
Tags: Salzgitter, Financial, Mineral, Energy
South Africa-based paper and plastic packaging manufacturer and paper recycler Mpact has unveiled plans to commence a polyethylene terephthalate (PET) recycling plant for about $33.03m (ZAR350m). The new plant is expected to process close ...
Finland based retail chain Stockmann plc which operates fashion brand Lindex, posted consolidated revenue of EUR 495.3 million, down 8.9 percent and also down 5.1 percent at comparable exchange rates in the second quarter of 2014 from EUR ...
Tags: Stockmann, Apparel, Accessories
WASHINGTON – Today the U.S. Environmental Protection Agency (EPA) announced $11 million in supplemental funding to help clean up contaminated Brownfields properties. The Revolving Loan Funds (RLF) will help 31 grantees carry out ...
Tags: EPA, Brownfield, Service
President Obama clearly doesn’t like Medtronic’s plan to move its headquarters to Ireland through the acquisition of Covidien. Medtronic’s $43 billion acquisition of Covidien would be the largest tax inversion deal yet. ...
Tags: Medtronic-Covidien, Health, Medicine