Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Nestle has opened a new LKR500m ($3.4m) UHT milk plant in its Kurunegala factory in Sri Lanka to boost its production capacity. The new investment is said to help Nestle in expanding the production capacity for its dairy based products. ...
Tags: Nestle, UHT Milk Plant
An organic industry watchdog contends the US Department of Agriculture (USDA) has quietly allowed a flood of hydroponically-produced fruits and vegetables, largely imported, to be illegally labeled and sold as "organic." This produce is ...
Tags: Cornucopia Institute, USDA
Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...
The TOMRA 5A, a machine for the potato processing business, supports processors by combining a straightforward and brand-new graphical user interface with stable sorting performance, while increasing the level of food safety and quality ...
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
The UK Chancellor has warned of an increased risk of cyber attacks while laying out plans for a previously announced £1.9bn cybersecurity strategy. Philip Hammond said the country must be able to retaliate against cyber-attacks, ...
Tags: Chancellor, Cyber Attacks
Chinese civilian airport market is now fully accessible to private capital as the national aviation authority issues a sweeping rights-granting guideline Sunday. The Civil Aviation Administration of China (CAAC) rolled out the red carpet ...
Tags: Civilian Airport Market
Coca-Cola has reported a 7% decrease in its net sales to $10.6bn for the third quarter of this year, compared to $11.4bn for the same period in 2015. The soft drinks giant has blamed the impact of foreign currency and structural changes ...
Tags: soft drinks, beverage
German auto-maker Volkswagen has opened a new plant in Wrzesnia, Poland. Festive plant opening in Wrzesnia, Poland: about 1,000 guests from state authorities and business as well as representatives from the workforce and unions – ...
Tags: Volkswagen, Crafter
ZTE has released three 4G multi-mode automotive modules to improve the powerful world of the connected car. The three modules released are for the China, Europe and North America markets, and support GNSS, EU eCall, and FOTA remote ...
Tags: Automotive Modules, ZTE, connected car
Many play games to forget the harsh realities of life and indulge in some good old fashioned escapism, but Sports Interactive isn't having any of that nonsense. The developer of the Football Manager series is gearing up for a new ...
Tags: Brexit, Football Manager
The Silk Road International League of Theaters was launched at the Tianqiao Performing Arts Center in Beijing on Friday. Nearly 200 guests were present at the launching ceremony, including officials from China's Ministry of Culture, ...