Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
The leadership team at Target Corporation is strategically reviewing its business and has identified the key initiatives that will put Target on a clear path to growth. The retailer's differentiation in the marketplace will be driven by ...
Tags: Apparel, Accessories
Big Trouble Malting and Spirits will open a new malting facility and craft distillery in the city of Petersburg, in the US state of Virginia. As part of its plans, the company will invest in site improvements, equipment, and new building ...
Tags: Agriculture, Food
ABB will invest USD 30 million in building a new manufacturing site and expanding its customer experience center for its Low Voltage Products division near Memphis, Tennessee. The investment will initially create more than 200 jobs, with ...
Tags: ABB, low-voltage products
BASF is launching a new binder – Acrodur Power 2750 X. The product is designed for the production of natural fiber composites for automotive lightweight applications such as interior car door panels or shelves. As a low-emission ...
Tags: BASF, Acrodur Power, Lightweight Composites
China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...
Tags: Consumer Electronics, Growth
Chinese government on Thursday promised to process investment applications in much shorter time by reforming its approval system. Currently a company will need stamps from more than 30 government departments before its investment project ...
French chocolate manufacturer CEMOI is planning to launch a factory in Ivory Coast, targeting the local and West African market, a company official said. CEMOI senior employee in Ivory Coast was quoted by Reuters as saying: "I can ...
According to the Ministry of Culture, the Chinese government invested about 1.33 billion yuan ($214 million) by the end of 2014 to build overseas China Cultural Centers and is expected to add another 360 million yuan for developing and ...
Mexico-based soft drink bottler Coca-Cola Femsa has plans to invest $200m to expand its operations in Brazil. The company intends to use the investment on developing different kinds of packaging such as minipets. It will also invest in ...
Tags: soft drink, Coca-Cola
Qatar Investment Authority’s wholly-owned subsidiary Hassad Food is looking at options to purchase Brazilian sugar and poultry assets, in a bid to venture into North American market. Reuters reported citing Hassad Food business ...
Tags: Hassad Food, Poultry Assets
US-based folding carton supplier Walter G Anderson will invest in its third KBA Rapida 145 57-inch seven-color press with coater at its facility located in Newton, Iowa. The company had already installed two other presses at its ...
Zero-emission vehicle maker Proterra has announced an extended range battery system for its electric bus. With the launch of the TerraVolt XR extended-range battery, the buses can be configured to travel up to 180 miles between ...
Tags: Electric Bus, Proterra, Battery
Nestlé Zimbabwe is planning to modernise its milk-drying tower, as part of strengthening its business in the country. As told to News Day, Nestle's regional manager Ben Ndiaye said: "In 2015 the major project will be the upgrade of ...
Tags: Milk-Drying Tower, Food
Abu Dhabi based National Catering Company (NCC) has signed an agreement with Abu Dhabi Ports to secure a 25,000-sqm plot of land in the Khalifa Industrial Zone (Kizad). As part of this new development, NCC will invest around AED50m ...
Tags: National Catering Company, Food