The Valspar Corporation has entered into a definitive agreement to acquire Inver Holding S.r.l., a leading industrial coatings manufacturer in Europe. The transaction is expected to close in the fiscal fourth quarter, subject to regulatory ...
Tags: Construction, Decoration
Continuing to deliver on its global growth plans, Gap Inc. announced that it will introduce Gap brand to Paraguay and Hungary through new agreements with existing franchise partners Neutral for Paraguay and Gottex Brands for Hungary. ...
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
Crude futures fell to fresh lows immediately ahead of the 2:30 p.m. EDT (1830 GMT) market settle Wednesday, as the oil complex extended an overnight selloff in US trading after equity markets slid throughout the the session. NYMEX July ...
Tags: Metallurgy, Mineral, Energy, oil
The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar
The Australian dollar remains under pressure as banks slash forecasts and traders increasingly spruik shorting the currency. After a host of investment banks yesterday lowered their predictions for the dollar, HSBC today cut its year-end ...
Tags: Australian, Dollar, Service
US chocolate manufacturer Hershey has unveiled a new Asia Innovation Center in Shanghai, China, as part of its strategy to drive global growth and innovation. The new center is located at the Jinqiao Golden Bridge Research Park in the ...
Tags: Hershey, R&D Center
Digital Signal Corporation, which offers facial recognition and identity management solutions, today announced that it has secured $50 million in funding from Technology Control Corporation ("TCC"). TCC has the option to increase the ...
“In a disturbing report, the Federal Reserve announced that U.S. industrial production (manufacturing, mining, and utilities) contracted by 0.6 percent after strong gains in February and March,” said Cliff Waldman, senior ...
While conventional LED materials enabled the start-up and initial development of the industry, higher performing products such as silicones can help solid-state lighting meet more challenging performance requirements for fast-growing ...
Tags: LED, LED Lighting
Europe has set itself ambitious climate and energy targets: A third of the continent's electricity needs are to be met from renewable energy sources by 2020. Offshore wind power places a pivotal role in the mix. In their new study entitled ...
Tags: wind power, Global Investment
Audi has signalled the official start of construction of its new $1.1 billion Mexico plant, laying the foundation stone for what will be its first factory on the American continent. Located in San Jose Chiapa, Mexico, the new 900 million ...
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
German carmaker Audi has started construction of the new EUR900m sport utility vehicle (SUV) manufacturing plant in San José Chiapa, Mexico. Claimed to be the Audi's first own car manufacturing plant on the American continent, the ...