Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
The Sinotruk Sales Department made great efforts in various subdivided markets and consecutively obtained many big orders of over 100 sets in 2016. It even showed its great “magnetic field” during the Spring Festival with total ...
China, the top buyer of U.S. Treasury securities, cut its holding for the second consecutive month in January, the latest data from the Treasury Department showed Tuesday. China reduced its holding of the treasuries by 8.2 billion U.S. ...
In February, Brazil recorded corn exports of 5.37 million tons. According to data from the Ministry of Development, Industry and Foreign Trade, this is almost five times higher than exports for February 2015, which stood at 1.10 million ...
Tags: Corn Export, Corn
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
A higher proportion of Australians living in rural and regional parts of the country are more likely to purchase cheese than consumers living in the bigger Australian cities says a new report from Roy Morgan Research. In the 12 months to ...
Tags: Cheese, Cheese-buying habits
A Chinese comedian has made the largest private label wine exporting deal in Australian history agreeing to export 800, 000 bottles of Victorian shiraz into his home country. Comedian Guo Degang is popular celebrity in China and is ...
Against: NatRoad Australians should brace themselves for higher prices whilst owner-operator truckers are at risk of losing their livelihood ,if a new Order takes effect next month – with The National Road Transport Association ...
Tags: Natroad, Truck, Clash looms
Everything you need to know about the Apple Watch 2 Want to know everything about the upcoming Apple Watch 2?Here’s what we know so far, including the expected Apple Watch 2 release date, new Apple Watch 2 features, and the latest ...
Tags: Apple Watch 2, Battery life
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
Future radar imaging systems and 5G communication systems will generate improved resolution and provide higher data-transmission rates when operated at higher frequencies, but at the cost of increased power consumption. To reduce power ...
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
The Japanese economy seems unable to return to a sustainable growth path. In Q4, GDP fell 1.4% over the previous quarter in seasonally adjusted annualized terms (SAAR), which contrasted Q3’s 1.3% rise. In 2015, Japan’s imports ...
Tags: Japanese economy, Japan's imports