Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG
The decline in soft drink consumption among Australians has slowed. For young Australians aged under 25 years, soft drink consumption is actually increasing year-on-year, according to new findings from market research organisation Roy ...
Tags: Soft Drinks, Coca-Cola
LED lighting markets in Europe, the US and Japan have gradually matured, and China is also entering a period of intense competition over pricing and scale. With the formation of the ASEAN Economic Community, LED vendors' attention on ...
Tags: LED lighting, LED
The total laser market will grow at a rate of 5.5% from 2013 through to 2019, bolstered by a double-digit compound annual growth rate (CAGR) in display and lightshow laser revenue, according to market research firm Strategies Unlimited's ...
Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
Accell Group N.V. reported its North American bikes sales grew 4 percent in 2014 as sales to multi-sports retailers grew, while sales to independent bicycle dealers, or IBDs, lagged expectations and declined. Sales of electric bikes only ...
Tags: bikes sales, Accell Group
PV modules produced by 22 China-based makers have been seized by customs authorities at several seaports in Europe in investigations of alleged violation of floor import pricing and annual import quota agreed between the EU and China, ...
Tags: PV Module, Solar Energy
Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
China is toughening its examination of milk powder imported from New Zealand, according to the quality control watchdog, after revelations emerged on Tuesday of a criminal threat to contaminate some products with an agricultural poison. ...
Tags: Milk Powder, Raw Milk
A senior Chinese central bank official said Thursday that the country is "actively communicating" with the International Monetary Fund (IMF) on the possibility of including Chinese currency yuan, or RMB, in the basket of the Special Drawing ...
Tags: SDR Basket, Chinese currency
China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
Sharp decline in orders led to sales at advanced weaving technology manufacturer Picanol Group plunging 25 per cent in 2014 as against in 2013. In a press release, Picanol said it realised a consolidated turnover of €418.2 million in ...
"There'll be no shortage of Minions products this time around," UK toy retailers tell ToyNews. The UK trade is fully primed for the success of Minions this year, with retailers confident in product levels ahead of the film’s release ...
Tags: Minions products, toy retailers
Ford has commenced production of its twin-scroll 2.0-liter and 2.3-liter EcoBoost engines at its Cleveland Engine Plant in Ohio. The engines produced at the Cleveland Engine Plant are targeted towards the North American market. ...
Tags: Ford, Ecoboost Engines, Auto Parts