DXP Enterprises Inc has sold Vertex Corporate Holdings Inc, a master distributor of industrial fasteners, to Houston Wire & Cable Co (HWC). DXPE received approximately US$31.0 million in net cash proceeds, subject to customary transaction ...
Tags: DXPE, Vertex Corporate Holdings, HWC
UK-based corrugated packaging supplier Cepac has unveiled plans to expand its facility in Doncaster. The company will install new machines and expand manufacturing space at the facility under the million pound project, which is expected ...
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Shanghai Husi Food and its US based parent company OSI Group have been fined more than CNY24.3m ($3.6m) by the Shanghai Municipal Food and Drug Administration for preparing and selling sub-standard meat products. While Shanghai Husi Food ...
Tags: Shanghai Husi Food, OSI Group
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
US-based dairy-free firm Tofutti Brands has started a review of its strategic alternatives that include operating as a standalone or a possible sale or forming a new business combination. For the review, the company has retained BDA ...
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
Speaking at the AFR Retail Summit in Melbourne, Australian Competition and Consumer Commission chairman Rod Sims stressed the importance of competition. “Competition is essential to our economic prosperity; it drives innovation and ...
Tags: ACCC, Retail Competition
The ATA has released its contract checklist, which aims to help trucking businesses ensure their contracts are fair and legal. The checklist responds to the lengthening payment terms faced by trucking businesses, as well as concerns that ...
Tags: contract checklist, ATA
The funky wireless AirPods got all the attention when Apple unveiled it alongside the iPhone 7 and 7 Plus on September 7, but it was only part of the company's new headphones lineup. It also showcased three new wireless headphones from its ...
Apple's new MacOS Sierra software introduces two ways to help you offload files from your Mac to iCloud. It lets you reclaim storage space on your local drive, while also making those files accessible from your other devices. The first ...
August 20, Beijing ---The International Top-level Forum on Engineering Science and Technology Development Strategy 2016,China Engineering Science and Technology Forum,and the Tenth China Engineering Management Forum, organized by Chinese ...
On October 12, as equipotential workers left the field safely at No. 411 tower in Baishan Town, Lujiang County in Anhui Province of the Huainan-Shanghai UHV AC Transmission Demonstration Project, it symbolized the success of the world's ...
Tags: UHV line, Transmission Demonstration Project, world's first live work
Recently, the 17th China Patent Award was announced.13 patents of SGCC won the awards, including 1 Gold Award and 12 Memorial Awards, scoring the best result in terms of both the ratings and quantity of prizes. China Patent Award is the ...
Tags: patents, SGCC, 17th China Patent Award
Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Friday, July 29, 2016. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of ...