Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
Connage Highland Dairy is recalling unpasteurised (raw milk) organic smoked Dunlop cheese as a precautionary measure. Product testing has detected E. coli O157 in a batch of unpasteurised Dunlop cheese not yet on the market. Risk: E. ...
Tags: Connage Highland Dairy, recall, unpasteurised Dunlop cheese
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
US-based dairy-free firm Tofutti Brands has started a review of its strategic alternatives that include operating as a standalone or a possible sale or forming a new business combination. For the review, the company has retained BDA ...
Campaign will show off Bugs in the Kitchen, Disney Eye Found It!, Labyrinth and Scotland Yard as well as the 3D Puzzle Buildings. Ravensburger will be advertising six key lines in the run up to Christmas, each with an expansive TV and ...
Tags: Campaign, Ravensburger
A full 80 days out of Christmas, the iconic Regent Street toy shop has unveiled its top toy picks for the season, including a Star Wars quadcopter that can reach speeds of 35 mph. A Star Wars drone, VTech’s latest smartwatch and ...
Tags: Hamleys, Top Ten Toys, Christmas 2016
The ceremony, developed to honour the top female leaders, executives, entrepreneurs and other changemakers, will be held at the Women in Toys 2017 Gala on Sunday, February 19th next year. Nominations are now open for Women in Toys, ...
Visitors to The Entertainer stores across the UK on Saturday, October 8th will be invited to take part in the first-time ever competition to win a haul worth over £13,000. The Entertainer is celebrating its 35th anniversary with a ...
Tags: Entertainer, anniversary, giveaway
‘We are truly excited for the new Joy For All product – the Companion Pet Pup – to bring even more light-hearted fun and laughter to seniors and their families,’ says Hasbro’s Ted Fischer. Hasbro is boosting ...
Tags: Hasbro, Pet Pup, Joy For All
The event will feature presentations from senior Cartamundi strategists as well as Tom Vasel, co-host of the YouTube channel The Dice Tower who will discuss Connected Games. Cartamundi is to host a special event discussing the future of ...
Tags: Cartamundi, Spiel 16
Guests to the Disney Store will be able to practice their Jedi mind tricks. Disney Store has launched its new and exclusive line of Rogue One: A Star Wars Story toys, gifts, stationary and apparel and to celebrate, the retail chain will ...
The Chinese government will further streamline approval procedures for foreign investment across the country to better attract overseas investment and improve China's business environment. A new legislative guideline was approved during ...
Tags: Ease Rules, China, Foreign Investors
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...