China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...
Tags: consumer price index, CPI
Although six years have passed since the global financial crisis broke out, many countries have not yet overcome its impact with the global economy is still facing uncertainties. And given the economic slowdown, albeit slight, in China, it ...
China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...
Tags: weaken currency, RMB
Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
Salamtex, a textile manufacturing company in Egypt, has created a groundbreaking anti-microbial textile named ‘Guard Textiles’ providing protection against the transmission of infection in health care facilities, according to ...
Tags: Anti-Microbial Fabric, textile
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
Soft drink manufacturer A.G. Barr has acquired cocktail company Funkin, in a deal worth £21m. The deal includes initial cash consideration of £16.5m and close to £4.5m, which will be offered when certain financial ...
Tags: Cocktail, Cocktail Business
US President Barack Obama has proposed the establishment of a single food safety agency that will consolidate the responsibilities of the Food and Drug Administration, Food Safety Inspection Service, and other related agencies. Proposed ...
Tags: Food Safety, FDA
US demand for construction chemicals used in on-site applications is projected to grow 8.2 percent per year through 2018 to $12.1 billion. Gains will be primarily driven by double-digit increases in building construction expenditures, ...
Blue River Dairy, a sheep milk powder producer in New Zealand, has divested its sheep milk processing plant in Invercargill to Blueriver Nutrition HK. The financial terms of the transaction, which has become effective 1 February, have ...
Tags: Sheep Milk, Blue River Dairy, milk powder
A key Chinese policy document released over the weekend has revealed that the country has stepped up reforms and innovation to hasten agricultural modernisation in the year 2015. Dubbed, the "No.1 Central Document," it highlights five ...
Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
Qorvo Inc, a provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, has reported December-quarter financial results for both RF Micro Devices Inc of Greensboro, NC, USA and TriQuint ...
Tags: core technologies, solutions, Electrical