Comexi, specialist in machinery solutions for the flexible packaging converting industry, consolidates its presence in Central America by incorporating the experience of Go Print as an agent company. The agreement was formalized a few ...
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
Daimler and Uber have entered into an agreement with an intent to cooperate on the supply and operation of autonomous vehicles. Under the terms of the cooperation Daimler plans to introduce self-driving vehicles also on Uber’s ...
Tags: Daimler, Self-Driving Vehicles
Crown Holdings announced its financial results for the fourth quarter and year ended 31 December 2016. Highlights Earnings per share $0.47 for the quarter; $3.56 full year versus $2.82 in 2015Adjusted earnings per share $0.71 for the ...
Tags: Crown, beverage can
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
Hyundai is showcasing three new eco-focused models: the 2017 Ioniq Electric, Ioniq Hybrid and Ioniq Plug-in Hybrid Electric the Detroit International Auto Show. The Ioniq Hybrid and Electric will be available to consumers in the first ...
Tags: Hyundai, Ioniq Electric
Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...
Tags: Volkswagen, Diesel Emissions
Iceland-based seafood company Icelandic Group has begun the process of divesting its subsidiary Gadus in Belgium. It was in 2012 that Icelandic had acquired Gadus for an undisclosed price. The decision to sell Gadus by Icelandic Group ...
Tags: Subsidiary Gadus, seafood
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Ube Machinery and Mitsubishi Heavy Industries have merged their respective injection moulding machine businesses. Mitsubishi has restarted its operations with the new structure and corporate name U-MHI Platech. Ube Machinery has ...
Tags: Mitsubishi, Ube Industries, Injection Moulding Machine
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
Amplify Snack Brands announced it has strengthened the Company’s executive leadership team by appointing Mike DeGrace as senior vice president of sales for North American region. Mr. DeGrace joins Amplify with over 30 years of ...
Tags: Amplify Snack, packaged foods
Minnesota based cereal company Post Consumer Brands is expanding its distribution operations in Salt Lake City in Utah with a $50m facility. The company has begun the construction on a 901,000ft2 facility near the Northwest Quadrant ...
Tags: Post Consumer, cereal
Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...
Tags: Film Industry, Turning Point
China will permit foreign firms to be listed on domestic stock exchanges to expand their financing channels, an official said Friday. The firms will be able to go public on the main board, the SME board, the ChiNext board and debut on the ...