Nestle has opened its first R&D facility in India, its latest move to have more sites looking at innovation located in emerging markets. The company has invested CHF50m (US$52.7m) in the centre, which is located in Manesar close to ...
Tags: Nestle, opened, first R&D facility, invested, dairy, noodles
In the third quarter of 2012, adidas Group revenues grew 4% on a currency-neutral basis, driven by double-digit sales increases in Retail. Currency-neutral revenues in Western Europe increased 1%, supported by sustained momentum at adidas. ...
Tags: Adidas, Reebok, revenues, grew, TaylorMade-adidas Golf
Lenovo's CEO said on Thursday he expects the market will gradually move away from entertainment-focused tablets in favor for convertible PCs,which he said can strike a balance between the functions of touch-based tablets and the ...
Tags: Lenovo, convertible PCs, Yang Yuanqing, tablets
Lenovo said Thursday its net profit for the fiscal second quarter increased by only 13% year-over-year, marking a shift from the high profit growth the company has previously seen. For the fiscal second quarter ending on Sept. 30, ...
Tags: Lenovo, PC, smartphones, laptops
Owens Corning (NYSE: OC), announced today that its new furnace in its Gous-Khroustalny, Russia, glass reinforcements facility is operational. This is the latest step the company has taken to increase its global capacity to produce composite ...
Tags: market view, Glass Reinforcement
German robot manufacturer Kuka AG is looking to Asia for its future. The 1.5 billion euro ($1.9 billion) company laid the foundation for a new assembly plant in Shanghai earlier this month with plans to start production in late 2013. The ...
Cutty Sark Storm has launched to replace Cutty Sark Black and Blended Malt and, according to its maker, is the first new addition to the Cutty Sark range since Edrington bought the brand in 2010. Both Black and Blended Malt were sold in ...
Tags: pack, glass bottle, new label, packaging, whisky
Thai blow molding machinery maker SMC Corp. Ltd. is spending 40 million euros ($51.7 million) on an expansion that will roughly double its capacity, reflecting what it said was demand from increasing population and economic growth in ...
Tags: Market View, Blow Molding Machine
Industrial output will likely grow quicker this quarter,laying solid ground for Beijing to realise its target of 7.5 per cent economic growth this year. The forecast yesterday by Ministry of Industry and Information Technology spokesman ...
Tags: China, Pickup, Industrial Production, Industrial output
Spanish discount retailer Dia has booked an increase in profit in the first nine months of the year,boosted by growth in emerging markets. The Spain-listed company,which was spun off by France's Carrefour last year,saw its net profit ...
Tags: emerging markets, net profit, net sales
Downtown-based PPG Industries is sitting on about $2 billion in cash as it goes into the fourth quarter, which is usually a cash-generating quarter, said Chairman and CEO Charles Bunch, and how the coatings and specialty materials company ...
Tags: PPG Industries, Acquisitions, titanium dioxide raw material
IMS Research forecasts 2013 to be another challenging year for PV inverter manufacturers, with flat revenue growth globally and a major shift away from traditional markets leading to a reshaping of the supplier base, according to the ...
Tags: PV inverter, inverter, solar installations, IMS
Enterprise cloud computing firm Salesforce.com has joined the UK government's G-Cloud framework, the cross-departmental initiative focused on introducing cloud computing across the public sector. It means government organisations can now ...
Tags: Salesforce, G-Cloud, cloud computing firm, Facebook
Almost half of small businesses in the UK will use IT to become more efficient,according to an Economist Intelligence Unit study. The global study,based on a survey of 1,072 small and medium-sized enterprises(SME)for SAP found that the ...
Tags: small businesses, social media, downturn, mobile web, UK
Stanley Black & Decker (NYSE: SWK) said fiscal third-quarter earnings slipped as margins narrowed, triggering the power tool maker to revise its fiscal 2012 forecast. Net earnings attributable to shareholders fell to $115 million or 69 ...
Tags: Market View, power tool