Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...
Almarai Company has evinced interest in acquiring a controlling stake in UAE-based National Food Products Company (NFPC). NFPC has initiated the competitive sale process for part of its share capital and has informed Almarai to progress ...
Tags: NFPC, National Food Products Company, Almarai, Acqusition
GAC Fiat Chrysler Automobiles (GAC FCA) has started production of Jeep Renegade sport utility vehicle (SUV) at its Guangzhou plant in China. The presales of the locally produced Jeep Renegade will start at the Beijing Motor Show later ...
Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...
Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars
China's retail sales of consumer goods increased 10.3 percent in the first quarter year on year, official data showed on Friday. The first-quarter reading was 0.4 percentage points lower than that recorded in the whole of last year, ...
Tags: consumer goods, economic growth
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Fabless high-temperature and and extended-lifetime semiconductor firm CISSOID of Mont-Saint-Guibert, Belgium has delivered the first prototypes of a three-phase 1200V/100A silicon carbide (SiC) MOSFET intelligent power module (IPM) to ...
ProPak Asia 2016 goes from strength to strength as Asia’s No. 1 international processing and packaging event for Asia’s rapidly expanding food, drink, pharmaceutical and FMCG markets. Providing the not-to-be-missed annual ...
LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has effected a one-for-ten reverse stock split of its outstanding common stock. The reverse stock split was approved by the board of directors on 7 January and by shareholders ...
Tags: SemiLEDs
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has signed a definitive agreement to acquire privately held fabless ...
Tags: Qorvo
A new study from Roy Morgan Research shows Aldi is continuing to win over more Australian supermarket shoppers. According to the study, as of December 2015, Aldi had a 12.1 per cent market share of the Australian supermarket grocery ...
Tags: Roy Morgan Research, Aldi, Australian supermarkets shoppers
Southeastern Grocers, parent company to BI-LO, Winn-Dixie and Harveys stores, has committed to converting 100% of its private label eggs to cage-free during 2017, and targeting the expansion of that commitment to the remainder of eggs sold ...
Tags: Southeastern Grocers, BI-LO, Winne-Dixie, Harveys stores, cage-free policy
Subaru America has announced pricing for 2017 WRX and WRX STI models, featuring safety technology, including Blind Spot Detection and Rear Cross Traffic Alert. The 2017 models will arrive at Subaru retailers this summer. Subaru ...
Tags: Subaru, WRX, WRX STI models, Blind Spot Detection
Tyson Foods is planning to construct a new chicken processing facility at an investment of $136m, near its existing poultry plant in Green Forest, Arkansas. The new 200, 000ft2 processing facility will be located across the street from ...
Comexi shows its L20000 laminating machine in HP Spain’s Graphic Arts Experience Center in Sant Cugat del Vallés (Barcelona). The new Comexi's laminator water-based is specially designed to complement the HP Indigo 20000 ...
Tags: Laminating Machine, Comexi