The Chief Secretary to the Treasury, Danny Alexander, has launched the most wide-ranging review of national business rates in a generation – paving the way for changes to how businesses across England pay the tax. The review, set to ...
Tags: The Chief Secretary, Review, Furniture
Royal Philips, the global leader in lighting, has been selected by the city of Szczecin in Poland to renew its street lighting system with LED technology. By September 2015, Philips will replace 5,000 existing street lights with new LED ...
Tags: Philips, LED Technology, Lights
Volkswagen has announced that the company will be cutting a shift from its Russian plant in Kaluga, which will result in 150 job losses. The German automaker said, starting this April, the Kaluga car plant located in south of the capital ...
Tags: Volkswagen, Significant price, Auto Parts
Considered a sunset industry, the Philippine textile sector is getting back on its feet, concluded stakeholders of the Philippine textile industry at a recent seminar. The conference ‘TELA Serye: ... kahapon, ngayon, bukas. ...
Tags: sunset industry, Philippine textile sector, textile industry
Global diamond jewelry demand rose 2.9 percent year on year to $81.4 billion in 2014, according to industry insight data published by De Beers on Friday. The research sets a new high for global demand, but also represents the slowest growth ...
Tags: diamond jewelry, jewelry demand
Tim Woods, managing director of IndustryEdge, knows that corrugated packaging is the powerhouse of Australasia’s paper industry. Here, he explains why. Australia and New Zealand use the full array of fibre packaging options, from ...
Tags: Virgin material, Virginity, Packaging
Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...
Chinese auto maker XCMG has commenced production at its $406m heavy truck manufacturing facility at Xuzhou High-tech Industrial Development Zone in China. The facility is spread across 228 acres of land, and it has production capacity of ...
Tags: auto maker, XCMG, Heavy Truck
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The gains came despite challenging conditions in some markets, most notably in Russia and the Ukraine, which suffered serious economic problems. ...
Tags: Ecco, shopping, Recreation
This game was funded via Kickstarter, raising £13,000 from a goal of 10,000. The Ragnar Brothers, a trio of UK game designers and publishers, are set to launch its new game, DRCongo: Hope out of Horror, at this year's UK Games Expo. ...
Tags: Inventors, Ragnar Brothers, Toys
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
In what officials say is a case that sounds worse than it really is, the Vermont Economic Development Authority has foreclosed on SB Electronics and is readying to auction off the property it occupies in the Wilson Industrial Park. Jo ...
Tags: SBE, VEDA, Electronics
Macroeconomics plays a critical role in operation of any business as prevailing economic conditions affect individual businesses as well. Entrepreneurs and others business people must take these factors into consideration as part of their ...
Tags: GDP, economic conditions, Electronics
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
Most every company says they’re customer centric. Some actually believe it. But companies that are truly customer centric walk the talk. They translate high-minded words into daily deeds. These companies serve the customer at every ...
Tags: Empathy, economic sense, Electronics