Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...
Tags: Huawei, ZTE, Colombian Market, cellphone
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
Precoat Metals has acquired the metal coil coating and processing assets of Consolidated Metal Products, a business unit of Consolidated Systems. The assets located in Columbia, South Carolina, will be operated as a toll processing ...
Tags: Precoat Metals, carbon steel, Packaging
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Fonterra has sold its Australian yoghurt and dairy dessert business to Parmalat Australia for an undisclosed sum. The sale includes Fonterra’s manufacturing facilities in the Tamar Valley (near Launceston) in Tasmania and at Echuca ...
Tags: Fonterra, yoghurt, dairy dessert, Food
After Google, Ford is planning to test its self driving Ford Fusion Hybrid sedans on the streets of California next year. The company has enrolled itself in the California Autonomous Vehicle Tester Program that grants permission to ...
Tags: Google, self driving, Auto
Mills Fleet Farm is in talks to be acquired by buyout firm KKR & Co., according to a Reuters report. With 35 locations in Minnesota, Wisconsin, Iowa and North Dakota, the company's mix includes hunting, fishing and sporting goods products. ...
Tags: KKR Co, private equity firms, Sporting Goods
McRae Industries, Inc., the maker of military, work and western boots, reported consolidated net revenues for the first quarter of fiscal 2016 of $31.7 million as compared to $29.2 million for the first quarter of fiscal 2015. Net earnings ...
Tags: McRae Industries, Inc., footwear brandes, Sporting Goods
Graphic consumer packaging and corrugated packaging specialist Menasha Packaging has installed a new large-format flatbed die cutter and litho labeler/laminator in a bid to increase production efficiency and capacity in Canada. The ...
Tags: Menasha Packaging, new equipment, Packaging
KapStone Paper and Packaging has announced that due to seasonally softer market conditions, it will temporarily curtail operations at its Longview Mill beginning 21 December. The curtailment is expected to last seven days for the entire ...
President of Ghana, John Dramani Mahama has commissioned Kasapreko's new beverage bottling plant in a bid to meet demands in domestic and international beverage markets. Alcoholic drinks producer Kasapreko's new facility is valued at ...
Starting today, logistics employees at Audi will no longer have to fetch the required goods from the material shelves. Instead, the goods will come to them fully automatically on driverless transport systems (DTS). Audi is currently ...
Tags: Audi, driverless transport systems, Auto
Coatings and chemicals producer AkzoNobel has commissioned a new production facility for packaging inks in Songjiang, China. The new facility, located at the firm's biggest site used for developing packaging coatings worldwide, will ...
Tags: AkzoNobel, packaging inks, Packaging
Ford will begin testing self-driving cars on public roads in California next year. Fully autonomous Ford Fusion Hybrid sedans will take to the streets after the company secured a permit to begin testing the vehicles on public roads in ...
A screen shot of Rakuten online store. [Photo: global.rakuten.com] Rakuten, Japan's e-commerce market leader, and JD.com, China's leading direct online sales company, on Wednesday announced the signing of an agreement to establish a ...
Tags: online store, Rakuten, e-commerce