Mazda Motor and Russian automaker Sollers have signed a MoU with the Government of the Russian Federation to explore setting up of an engine production plant at their joint venture Mazda Sollers Manufacturing Rus (MSMR) facility. The ...
Tags: Russian government, Mazda Motor, engine
Liquor store chain Licor Zone is to acquire several Mexican tequila distilleries in a bid to become heavy weight in the tequila business. The move comes as several small and medium-sized distilleries may cease their operations or may ...
Tags: Licor Zone, Tequila
KitKat is set to become the first global chocolate brand to use only sustainably sourced cocoa in the manufacture of all its products. This move comes as the confectionery industry faces allegations over employing child labor in cocoa ...
Fiat Chrysler Automobiles (FCA) is providing $100 prepaid debit cards to recalled vehicle owners in the US to help them get their cars and trucks with potential safety issues repaired. The incentives have been said to raise the completion ...
Tags: Fiat Chrysler, Recalled Vehicles
The Hourglass Brewery announces the departure of founding brewer, Sky Conley, and the elevation of Michael Delancett and Matthew Gemmell as co-brewers. The change in brewers is part of The Hourglass Brewery's plans to grow the ...
Tags: Hourglass Brewery, beers
Casual wear brand Pepe Jeans London has unveiled ambitions for its India operations. The brand is looking to double sales in India to up to Rs 1,500 crore in the next three years riding on new categories such as footwear and kids-wear ...
Tags: Pepe Jeans, Casual wear
Every dollar invested by Australian Wool Innovation (AWI) over the past three years has delivered a $2.90 return to wool growers. “The benefits of AWI's investment in R&D and marketing have been detailed in the recent 'Review of ...
Tags: wool, wool growers
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
Ten automobile manufacturers were sued by consumers in the US, who have alleged that the risk posed by carbon monoxide poisoning was concealed in over five million vehicles armed with keyless ignitions, reportedly claiming 13 lives so far. ...
Tags: Keyless Ignition, BMW
Valmet will provide a complete OptiConcept M containerboard output line, to Lee & Man in Jiang Xi, China. Scheduled to come on stream between October and December 2016, the machine is designed to produce high-quality containerboard ...
Tags: board machine, winder
The New Brunswick Liquor Control Act, which limits import of beer to 12 bottles by individuals, is facing a challenge by a resident from Tracadie in Gloucester County, New Brunswick, Canada. Gerard Comeau, who was charged for importing ...
Tags: beer, Brunswick Liquor
The American Architectural Manufacturers Association (AAMA) has updated and released a document specifying requirements for corrosion resistant coatings on carbon steels used for hardware components in window, door and skylight ...
Automation machines for intimate wear, including technologies from China, would be on display for the first time at Galleria Intima, fourth edition of which will be held from August 26, 2015, in New Delhi. Machines on show will include ...
Tags: Automation machines, intimate wear
Due to fast urbanization of the country, traditional villages are facing an unprecedented challenge to survive. According to statistics by the Housing Construction Department, the number of unincorporated villages in the country saw a sharp ...
India's annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 4.05 per cent for July 2015 (over July 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: WPI-Based Inflation, Inflation