Sainsbury's has confirmed that it will proceed with its offer for Home Retail Group (HRG), owner of Argos, and is "pleased" by last Friday's turn of events, which saw rival bidder Steinhoff international abandon pursuit in favour of ...
Tags: Sainsbury's, HRG, Argos
50 Strong, a manufacturer of innovative, high-quality American-made bike accessories and water bottles, is shaking up the hydration aisle with the introduction of Simply Better Bottles, a smart and stylish line of reusable water bottles ...
Tags: 50 Strong, Simply Better Bottles, Reusable water bottles
The chief executive of the New Zealand Food and Grocery Council (NZFGC) Katherine Rich has told Australian Food News today that the UK”s announced sugar tax will not help fight obesity. Under the UK tax, drinks which contain more ...
Tags: NZFGC, Katherine Rich, Sugar tax
Ahead of today's 5pm deadline, Steinhoff backed out of making a bid for Home Retail Group at the last minute, leaving Sainsbury's the likely purchaser or the Argos business. Sainsbury's share prices rose sharply, while Home Retail Group's ...
Tags: Sainsbury's, Withdraw, CITY AM, Home Retail Group
Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
UK retail footfall in February was 1.1% down on a year ago – lower than the 1.2% rise seen in January and the three-month average rate of -0.8% – according to the latest BRC/Springboard Footfall and Vacancies Monitor. ...
Tags: BRC, Retail football, Goverment support
LED A-line lamps surged 226.7 percent during 2015Q4 on a year-over-year basis. Meanwhile, halogen A-line lamps posted a year-over-year increase of 8.7 percent, and incandescent A-line lamps increased by 7.8 percent while compact ...
Tags: Led A-Line Lamp
GlobalFoundries of Santa Clara, CA, USA (one of the world's largest semiconductor foundries, with more than 250 customers and operations in Singapore, Germany and the USA) has announced the availability of a new set of process design kits ...
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
EnergyTrend, a division of TrendForce, reports that the global PV market is seeing slowing demand after the Chinese New Year holidays. Peak installation seasons in the U.S. and Japan have passed, and the demand related to China’s ...
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
A Chinese comedian has made the largest private label wine exporting deal in Australian history agreeing to export 800, 000 bottles of Victorian shiraz into his home country. Comedian Guo Degang is popular celebrity in China and is ...
The hand-painted figures feature characters including Judy Hopps, Nick Wilde, Chief Bogo, Mr Big, Flash and Finnick. With the upcoming release of Disney’s new animated film Zootropolis March 25th, toy firm Marbel has just dropped ...
Tags: Marbel, Disney, Zootropolis, Toyfigures
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
From Jan. - Dec. 2014, China bags, cases & boxes export volume added up to 3001.5 thousand tons; Export value added up to 27.125 billion dollars. Export volume dropped by 0.6%, compared to the same period of last year; while export value ...