New Zealand dairy giant Fonterra Co-operative Group has cut the current season forecast Farmgate milk price to $4.40 per kilo of milk solids (kgMS) after the increase in global commodity prices failed to meet the required expectations. ...
Tags: Fonterra, Farmgate Milk Price
French automaker Renault Trucks has introduced its SmartFreight prototype application capable of providing updates on vehicular flow to heavy goods vehicle (HGV) drivers. The company expects the technology to minimize the impact of ...
Tags: Truck Drivers, Renault
For its fiscal second-quarter 2015 (to end-March), Emcore Corp of Alhambra, CA, USA (which provides compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber-optics market) has reported revenue of ...
Tags: fiber-optics, Emcore
The number of commercial vehicles (CV) with telematics solutions is estimated to reach 37.9 million by 2020, compared to 14.7 million last year, according to a report by Frost & Sullivan. Commercial vehicle (CV) telematics market will ...
Shoppers Stop Ltd (SSL), an India based operator of various retail formats reported a revenue jump of 9 per cent from the year ago quarter in the fourth fiscal quarter ended March 31, 2015. In a press release, SSL said it recorded a ...
Tags: Shoppers Stop, retail formats
IRL has announced the launch of a new edition of its single country report A Profile of the Indian Paint Industry. In this study, IRL examines India’s paints and coatings market independently and not as part of a regional study on the ...
Even as most players in India’s e-commerce space are struggling to break-even, a recent report has estimated that the industry may turn profitable at an operating level by around 2020. According to UBS Securities, the Indian ...
The LED industry is now fully embracing the fast-growing lighting market as (based on revenues) LED lighting has become the largest sector among LED applications, surpassing LCD backlighting in 2014, and is expected to be the major driver ...
Tags: LEDs MOCVD, LED Chip
Indian mobile commerce platform Paytm has launched its new brand campaign on the ongoing IPL, which aims to reinforce its position as the leader in the mobile commerce space. Paytm is an associate sponsor on Sony and is also the ...
Tags: mobile commerce, Paytm
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer
An independent investigation, overseen by NuVasive’s board, found Alex Lukianov had not complied with certain company expense reimbursement and personnel policies. NuVasive’s CEO has resigned from the company after an ...
US-based Molson Coors Brewing Company has expanded its presence in the Indian market with the acquisition of Mount Shivalik Breweries for undisclosed amount. Terms of the deal have not been disclosed. The acquisition will give the ...
Tags: beer company, quality, Food
U.S. demand for construction chemicals used in on-site applications is projected to grow 8.2 percent per year through 2018 to $12.1 billion. Gains will be primarily driven by double-digit increases in building construction expenditures, ...
Tags: US Demand, Construction Chemicals, Chemicals
Ford’s luxury car division Lincoln has introduced the Lincoln Continental Concept, a full-size sedan which is expected to be released next year. The car is powered by 3.0-liter V6 EcoBoost Engine and features three driving modes, ...
Tags: Ford Lincoln, Auto Parts, luxury car
At its Investor Day held in Germany, the Adidas Group unveiled its new strategic business plan until the year 2020, which aims at further accelerating growth by significantly increasing brand desirability. “This is expected to ...
Tags: Adidas, new business plan, Adidas Neo