Profit growth at major Chinese industrial firms slowed to 0.6 percent year on year in May, down 2 percentage points from the pace posted in April, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies ...
The Chinese government is struggling to meet its fiscal targets this year, finance minister Lou Jiwei warned on Sunday, citing slowing fiscal revenue growth. The central treasury received 2.95 trillion yuan (about 475 billion U.S. ...
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, has agreed to supply its PV modules to power the ...
Tags: Solar Modules, PV Project
Italian chocolate producer Ferrero has agreed to acquire Thorntons, in a cross-border deal that values the British chocolate maker at around $177.7m. Ferrero will make the transaction through its subsidiary Ferholding, which has been ...
For its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The ...
Tags: Finisar, OpEx, Electronics
German automobile major Daimler is expanding in Latin America with a new bus plant in Funza in vicinity of Bogotá, Colombia, having an annual installed production capacity of 4,000. Sprawled over 11,000m2, the unit is witnessing ...
Tags: Daimler, Daimler Buses
Apparel Training & Design Centre (ATDC), the country’s largest quality vocational training provider for the apparel industry, hosted a three-day event in Gurgaon this week that focused on understanding the emerging skill framework in ...
Tags: apparel industry, clothes
The Japan Toy Association has revealed a nine per cent increase in toy sales for fiscal 2014, driven by sales of toys inspired by the hit video game franchise The Japanese toy market is celebrating its best sales in a decade for fiscal ...
Tags: Toy Sales, Yo Kai Watch
Coles is doing a review to match demand for product gaps being identified by Coles customers. Coles says that a schedule has been drawn up to review what is on offer and it is seeking to improve its product availability, bringing in new ...
Tags: Coles, product gaps
“2014 China Mechanism Top 100 Companies” was revealed in Ningbo city and the event was organized by China Machinery Industry Federation and China Association of Automobile Manufactures. The annual revenues of Sinotruk were 68.3 ...
Tags: Auto Industry, Sinotruk
The trio will reveal new toy lines based on the upcoming blockbuster movie at Comic-Con next month. LEGO, Hasbro and Mattel are among the first toy firms to detail lines based on Star Wars: The Force Awakens. The first wave of toys ...
Tags: LEGO, Hasbro, Star Wars Toys
InfoComm International is the international trade association of the professional audiovisual and information communications industries. Established in 1939, InfoComm has over 4,100 members, including manufacturers, systems ...
Tags: Footprints
Swedish chicken producer Scandi Standard has agreed to acquire Lagerbergs in a SEK105m ($12.7m) deal. The company has signed an agreement to this effect which is subject to Swedish competition authority approval. Said to be the third ...
Thailand-based industrial conglomerate Siam Cement hopes to jack up 5-10% sales out of its paper and packaging this year, banking on demand from Southeast Asian countries. Domestic growth, however, is expected to be around 1-2%. Siam ...
Tags: Packaging Business, Siam Cement
Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...