On the heels of the federal government’s consultation on plain packaging for tobacco products, JTI-Macdonald has launched an awareness campaign to highlight to Canadians and the government the perils of such a move. The online and ...
Tags: JTI-Macdonald, campaign, tobacco products
In moving up to August’s current conditions reading of 58.3, NEMA’s Electroindustry Business Conditions Index (EBCI) has been at or above 50 for six consecutive months. This suggests that conditions continue to be conducive for ...
Envases Universales subsidiary DevTech PET is set to invest $18m to expand its operations in the US state of Pennsylvania. The company will lease a 120,000ft² manufacturing facility in Hanover Township of Northampton County. The ...
Tags: DevTech PET, expansion, Pennsylvania
For first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has reported revenue of £63m, up 18% on £53.2m in first-half 2015 (above the "at least 15% growth" given in a trading update in late July), ...
Tags: IQE, revenue report
China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...
Tags: crude oil, oil prices
China's consumer goods retail sales grew 10.6 percent year on year in August, accelerating from the 10.2-percent growth posted in July on the back of robust online sales. Total retail sales of consumer goods amounted to 2.75 trillion yuan ...
Tags: consumer goods, retail sales
China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...
China's value-added industrial output, an important economic indicator, increased mildly in August -- an encouraging sign for a slowing economy. Industrial output expanded 6.3 percent year on year last month, faster than the 6-percent ...
Foreign direct investment (FDI) into the Chinese mainland rose 5.7 percent year on year in August, compared with a 1.6-percent drop in July, official data showed Tuesday. FDI hit 57.3 billion yuan (US$8.8 billion) last month, according to ...
Tags: China's FDI, economic activity
Steinhoff International has published its unaudited results for 12 months ended 30th June 2016. As indicated previously, the group reports unaudited revenue growth of 33% to €13.1b, while operating profit improved by 32% to ...
Sales slowed in August as the Olympics and outdoor activities diverted shoppers’ attention, reports BRC-KPMG in its latest Retail Sales Monitor. On a total basis, sales declined 0.3%, against a 0.1% increase in August 2015. This is ...
Tags: BRC-KPMG
For its fiscal first-quarter 2017 (ended 31 July 2016), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported record revenue of $341.3m, up 7.1% on $318.8m last quarter and up 8.7% on $314m ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
US toy sales rose seven per cent in 2015, fueled by the Star Wars franchise while The NPD Group reveals toy sales are already up the same percentage in the first six months of this year. Blockbuster movies including Rogue One, ...
Tags: US toy sales, NPD, blockbuster movies
Massachusetts-based Blossom Water has secured authorization to sell its all natural flavored waters in 1,075 stores owned by the Kroger Family of Companies. These stores operate under the supermarket banners of Kroger, Ralphs, Dillons, ...
Tags: Blossom Water, Kroger, authorization