The Norwegian Competition authority has approved Orkla's purchase of 90.11% of the shares in food firm Rieber & Son. The acquisition is expected to be completed within a week. The approval of the Norwegian competition authorities ...
Tags: Norway Competition
Three major export sectors of Nepal, namely, readymade garments, woollen carpets and Pashmina, have experienced a sharp decline in exports in recent months, owing to slump in demand from both the Western markets as well as its southern ...
Tags: Garment, Carpet Exports
State-owned Qatar Petroleum (QP) signed a joint venture agreement Sunday with France's Total and Japan's Idemitsu, Cosmo Oil, Marubeni and Mitsui for a new condensate refinery to be built in Qatar at Ras Laffan Industrial City. Under the ...
Tags: Qatar Petroleum, Joint Venture
Celanese Corporation, a global technology and specialty materials company, reported first quarter 2013 adjusted earnings per share of $1.14 versus $0.79 in the prior year quarter. First quarter 2013 financial highlights: -GAAP operating ...
Tags: Textile, Textile Industry
Australians are demonstrating a less cautious approach to spending money, with more consumers planning to use their credit cards this quarter, while savings will be less of a focus. The Dun and Bradstreet Consumer Credit Expectations ...
Tags: economy
GFK GeoMarketing has released a study on European retail in 2013. The data was compiled and evaluated on behalf of the European Shopping Center Trust (ESCT). Published as an English-language compendium, the study provides a Europe-wide ...
Tags: GFK GeoMarketing
Under Armour, Inc. announced financial results for the first quarter ended March 31, 2013. Net revenues increased 23% in the first quarter of 2013 to $472 million compared with net revenues of $384 million in the prior year's period. ...
Tags: Apparel, Apparel Industry
The Etam Group generated sales of €1,216.9 million in 2012, including a positive currency impact of €40.3 million relating mainly to the appreciation of the yuan against the euro. This represents an increase of 2.8% versus 31 ...
Tags: Etam Group, Apparel
Europe's broad FTSE Eurofirst 300 index finance/markets/index?symbol=gb%21FTPP">.FTEU3, which hit its lowest level of the year on Wednesday, opened up 0.2 percent while London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX ...
Petaluma, California, United States of America (Free-Press-Release.com) April 18, 2013 -- PETALUMA, Calif. – CrossCheck, Inc., a leading provider of check guarantee and electronic check processing services to the automotive industry, ...
Tags: Construction, Decoration
China-based vertically integrated solar firm, LDK Solar, reported fourth-quarter net sales of US$135.9 million, a relatively low figure compared to US$291.5 million reported in the third quarter of 2012 and US$420.2 million in the fourth ...
Tags: LDK, LDK Solar, cell solar
The dollar has fallen after speculation of a downgrade to Germany's top credit rating. At 5pm AEST today, the currency was trading at $US1.0317, down from $US1.0363 yesterday. ANZ foreign exchange strategist Andrew Salter said the ...
Tags: Dollar, foreign exchange
The predominantly cotton based textile industry in India faced a crisis during 2008-09 due to global recession and again a grave crisis during 2010-11 owing to high volatility in cotton prices and certain external factors. The Government ...
Tags: textile industry, textile, Apparel
In spite of difficult market conditions in its core fiber business, the Lenzing Group succeeded in achieving the second-best business result in its history in the 2012 financial year. This can be attributed to new record fiber sales volumes ...
Tags: Textile, Textile Industry
Thermo Fisher Scientific has signed a definitive agreement to purchase Life Technologies for $76.00 in cash per fully diluted common share, or $13.6bn, plus the assumption of net debt at close ($2.2 billion as of year end 2012). The ...
Tags: Thermo Fisher, Life Technologies