It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
Inventec Corp., a major EMS (electronics manufacturing services) provider headquartered in Taiwan, reportedly has become a supplier to Fitbit, the American vendor of wearable devices that recently went public on the New York stock exchange ...
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
While many domestic cosmetics brands are challenging international giants like L'Oreal and Estee Lauder in China, one brand is slowly encroaching on their home turf. Herborist, a herbal medicine-based cosmetics line owned by Shanghai ...
Tags: Cosmetics, Chinese Cosmetics
DHL Express has opened its new Melbourne gateway facility to better support regional businesses operating in and out of Australia. The new facility took a total investment of AUD 20 million, the largest infrastructure amount invested by DHL ...
Tags: service, gateway facility, DHL Express
Briscoe Group Limited, the New Zealand company making a hostile bid for the 150-store Kathmandu outdoor specialty chain, announced unaudited sales reached NZ$124.2 million ($88 mm) for the 13 week period ended July 26, an increase of 6.47 ...
Tags: sports products, homeware
Although the production capability of China-based notebook ODMs is still too small to make a significant impact on their Taiwan-based counterparts, the notebook supply chain in China stands a chance of expanding their presence in the global ...
Profits at major Chinese industrial firms dropped 0.3 percent year on year in June, down from a 0.6 percent growth posted in May, the National Bureau of Statistics (NBS) said on Monday. He Ping, an official with the Department of Industry ...
Tags: Industrial Profits, China economy
Thai Union Frozen Products (TUF) is planning to raise close to $380m, which will fund its planned acquisition of Bumble Bee Seafoods. TUF will offer up to 795.3 million new shares to its existing shareholders at $0.4685 each, Reuters ...
Tags: food, Bumble Bee Seafoods
China's big players are gearing up for a price war in the high-end smartphone sector, and the only big winner will be the consumer. Xiaomi Corp, Huawei Technologies Co Ltd and ZTE Corp's Nubia have all rolled out new products in what has ...
Tags: high-end smartphone, smartphone
Fiat Chrysler Automobiles (FCA) will invest over $166m in three new press lines at Sterling Stamping Plant in Michigan, US to meet the rising demand for body panels and assemblies. The new additions, expected to become operational after ...
Tags: FCA, body panels, auto accessories, Sterling Stamping Plant
Participants running on behalf of more than 200 non-profit organizations raised $28.3 million for charity this year in the 119th running of the Boston Marathon. The race raised 38.4 million for charity in 2014, the year following the Boston ...
Northwest Iowa has become the epicenter of the bird flu story that's developed over the last few weeks, with continued culls ordered as more birds -- now more than 20 million -- become exposed to the virus. Yet, now there's news that the ...
Tags: livestock, pork processing, pork
Profit growth at major Chinese industrial firms slowed to 0.6 percent year on year in May, down 2 percentage points from the pace posted in April, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies ...
Dutch materials handling automation company Vanderlande has experienced strong growth in Australia, requiring a move to new, larger premises. Vanderlande’s specialities are baggage handling systems for airports, and sorting ...