China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
Business activity in China's non-manufacturing sector expanded at slower pace in April, official data showed on Sunday. The purchasing managers' index (PMI) for the non-manufacturing sector stood at 53.5 in April, down from 53.8 in March ...
Tags: purchasing managers'index, PMI
The shipments of smartphones worldwide in the first quarter marked the smallest year-on-year growth on record, and Chinese smartphone makers Oppo Electronics Corp and Vivo Mobile Communication Technology Co Ltd pushed out previous fourth ...
Tags: Smartphones, Oppo, Vivo
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Olam International has entered into a $175m five-year loan agreement with IFC, a World Bank Group unit, to fund its working capital and capital expenditure requirements for four of its food processing facilities in Nigeria and India. The ...
Tags: Olam, IFC, Food Processing Facilities
The International Transportation Innovation Center (ITIC) and Zaptec from Norway have signed a Memorandum of Understanding (MOU) to work on the development of smart charging technology solutions for electric vehicles. Zaptec specializes ...
Tags: ITIC, Zaptec, Smart Charging Technology, MOU
US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
Elektrobit, a developer of embedded technology solutions for the automotive industry is expanding to two new international locations: Timisoara, Romania and Bangalore, India. The expansion will add up to 80 developers. With these ...
Tags: Elektrobit, EB, Expansion
GAC Fiat Chrysler Automobiles (GAC FCA) has started production of Jeep Renegade sport utility vehicle (SUV) at its Guangzhou plant in China. The presales of the locally produced Jeep Renegade will start at the Beijing Motor Show later ...
Eyeking, a maker performance sunglasses, including the licenses for Under Armour Eyewear and Hobie Polarized, named Scott Betty as its new senior vice president of product and design. Betty brings more than 20 years of product and design ...
Tags: Eyeking, Sunglasses, Under Armour Eyewear, Hobie Polarized
Fabless high-temperature and and extended-lifetime semiconductor firm CISSOID of Mont-Saint-Guibert, Belgium has delivered the first prototypes of a three-phase 1200V/100A silicon carbide (SiC) MOSFET intelligent power module (IPM) to ...
Back to Nature Foods is expanding its voluntary recall to include four additional lots of its Classic Creme cookies, 12 oz packages, because they may contain undeclared milk, not listed as an ingredient on the label. Persons who have an ...
Plessey of Plymouth, UK has been awarded the Manufacturing Business Award 2016 for large businesses by the Plymouth Herald. Now in their sixth year, the awards celebrate the city's most dynamic companies. Presented at a gala dinner at the ...
A new study from Roy Morgan Research shows Aldi is continuing to win over more Australian supermarket shoppers. According to the study, as of December 2015, Aldi had a 12.1 per cent market share of the Australian supermarket grocery ...
Tags: Roy Morgan Research, Aldi, Australian supermarkets shoppers
Southeastern Grocers, parent company to BI-LO, Winn-Dixie and Harveys stores, has committed to converting 100% of its private label eggs to cage-free during 2017, and targeting the expansion of that commitment to the remainder of eggs sold ...
Tags: Southeastern Grocers, BI-LO, Winne-Dixie, Harveys stores, cage-free policy