Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
Earlier this year, I blogged about the excitement in China generated by the news that its Dalian Wanda Group planned to invest $1.09 billion to build and operate a luxury hotel in London. At the time of their announcement (made in the ...
China's greenhouse gas emissions could peak over five years earlier than expected, which will contribute to the effort of curbing global warming, according to a report jointly published Monday by two institutes at the London School of ...
Tags: Greenhouse Gas, Energy
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
Indian food safety regulators have filed a lawsuit against Nestle India for selling Maggi noodles in the country with unsafe levels of lead. The complaint was filed at a local court in the state of Uttar Pradesh after the local Food ...
Tags: Food, Food Safety, Nestle
China's manufacturing business activity continued improving in May, with an important index remaining in expansion territory, official data showed on Monday. The manufacturing purchasing managers' index (PMI), a key measure of factory ...
Tags: Economy, Manufacturing
New Jersey-based food, beverage, and supplement consulting firm MetaBrand has planned to expand its suite of services for beverage and food into the Canadian and other international markets with a new division. Founded in 2011 by natural ...
The Renault-Nissan Alliance will supply a fleet of 200 electric vehicles (EVs) for the United Nation's COP21 climate conference to be held in Paris this November. The fleet, including Renault ZOE, Renault Fluence Z.E. sedan, Nissan Leaf, ...
Tags: Renault-Nissan, electric vehicles
Automobile major Fiat Chrysler has drawn flak from consumers and regulators alike for not repairing some of the 1.6 million recalled Jeeps, to fix fire risk involving gas tanks. The US National Highway Traffic Safety Administration ...
Tags: Fiat Chrysler, rear axle
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
Brazilian meat processor JBS is exploring opportunities for possible acquisitions in North and South America and Australia. The company will consider acquisitions in the chicken, pork and branded, packaged food industries this year, ...
Tags: meat processor, JBS
South Korean carmaker Hyundai Motor is looking to launch Sonata plug-in hybrid electric vehicle (PHEV) sometime between October and November this year to seize the driver’s seat in the eco-friendly domain in the country. "We plan to ...
Tags: Hyundai, Sonata Phev, 2015-End
Michael Stephen, chairman of the Oxo-biodegradable Plastics Association and deputy chairman of Symphony Environmental Technologies, discusses how this material biodegrades in the outdoor environment. Oxo-biodegradable plastics have from ...
A giant Chinese shipping company is looking forward to the opening of Egypt's new Suez Canal waterway as it will enhance world trade. "The new canal will save both time and money," Qin Haipin, liner manager of China Shipping Container ...
Archer Daniels Midland (ADM) has agreed to acquire China-based sweetener manufacturer Meiweiyuan Biotechnology. Both the companies have reached an agreement to this effect. Subject to regulatory approval, the acquisition offers ADM ...
Tags: ADM, Meiweiyuan Biotechnology