French frozen pastry maker Mademoiselle Desserts has acquired the Netherlands based Quality Pastries, for an undisclosed sum. Investment firm Equistone Partners Europe has provided financial backing to the French company in the ...
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
Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...
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
For first-half 2016, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has confirmed revenue of €6.9m, up 21% on first-half 2015's €5.7m. ...
Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...
The Australian Government should confirm it will support a mandatory code covering payment terms for small trucking businesses, the CEO of the Australian Trucking Association Christopher Melham has said. Mr Melham was responding to the ...
Tags: mandatory code, Trucking Association, Christopher Melham
Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
Thrace Plastics Group posted an increase in turnover and earnings during the first half of the current financial year compared to the same period of 2015. The purpose of the current release is to present the Group’s financial ...
Apple iPhone Upgrade Programme UK guide: At its iPhone 7 and Apple Watch 2 launch, Apple unveiled a 'one more thing': namely, extending its Apple Upgrade Programme to the UK and China after exclusively being available in the US. Here's what ...
Tags: Apple Upgrade Programme
For first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has reported revenue of £63m, up 18% on £53.2m in first-half 2015 (above the "at least 15% growth" given in a trading update in late July), ...
Tags: IQE, revenue report
The company revealed that Stretch Armstrong and its major product lines have all performed well. Character Options has announced its latest trading statement, revealing that the board expects to deliver results for the year ended August ...
United Natural Foods has reported financial results for the fourth fiscal quarter and fiscal year ended 30 July 30, 2016. Fourth Quarter and Full Year Fiscal 2016 Highlights Net sales for the fourth quarter of fiscal 2016 increased 7.4% ...
Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...