Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
Leeds-based Marpak is to increase production by 25 tonnes a week and said that demand has steadily increased following a series of successful product trials in northern Europe. According to Marpak, its 'Growth through Innovation' ...
German original equipment manufacturer Romaco Group has reported that the company’s sales during the 2012 fiscal year (FY) increased 16.7% compared to the previous year. The group also posted 19.4% higher sales of machines and plant ...
Tags: Romaco Group, Packaging
PC sales in China and high growth in smartphones shipments helped boost Lenovo’s net profit for its fiscal fourth quarter by 90 percent year-over-year. For the quarter ended March 31, Lenovo’s net profit was US$127 million, ...
Tags: Asia, call, China, CNME, computer news middle east, computers, consumer
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
PC sales in China and high growth in smartphones shipments helped boost Lenovo's net profit for its fiscal fourth quarter by 90% year-over-year. For the quarter ended March 31, Lenovo's net profit was $127 million, the company said on ...
Tags: Lenovo, Smartphone, Profit
Finnish diabetes technology company Mendor has entered into partnership with Europe-based diagnostics company A. Menarini Diagnostics for distribution of its blood glucose monitoring system. Under the terms of the agreement, Mendor's ...
Tags: A.Menarini Diagnostics, Blood Glucose Monitoring System
US-based Mondelēz International has opened a new production line at its Sheffield facility to manufacture Oreo and BelVita biscuits for the UK, Ireland and other European markets, a move which safeguards about 70 jobs. The investment ...
Cut the Rope app game developer ZeptoLab and TV and licensing company ITV Studios Global Entertainment expect the Cut the Rope toys to "vastly exceed sales expectations". A statement read: "Series One of Vivid’s Om Nom ...
Tags: Rope Toys, Toys Industry
IRL has published new edition of “A Profile of the Central European Paint Industry.” This report has been developed and expanded upon from IRL’s previous studies and forms part of a series of ten reports assessing the ...
Tags: IRL, Paint Industry
Life Care Medical Devices (LCMD) has opened its European subsidiary offices in Dublin, Ireland. The new subsidiary will manage all aspects of Life Care's European business. LCMD CEO Glenn Foley said that with a strong history in the ...
Mondi stated that this will be the first industrial bags plant to be based in Iraq and will serve the growing cement industry which is rebuilding the country. Together with local partner, Kaso Group, this Greenfield project is set to ...
Tags: Mondi, Bags Plant
Chinese textile producer Texhong Textile Group Limited will set up a US$ 180 million yarn manufacturing plant in Turkey’s western province of Balikesir. For the purpose, Texhong has signed an agreement with the Balikesir ...
Tags: Yarn Manufacturing, Textile
A major UK Insurer has awarded a multi-year agreement to Symbility Solutions for integration of claims management software and mobile scoping tool into its organization through its European partner, The Innovation Group (TIG). Scheduled ...
Tags: UK Insurer, Symbility Solution
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False