Smith & Wesson Holding Corp. reported revenues rose 22 percent in its fourth quarter ended April 30 and earnings that easily topped Wall Street expectations. ADVERTISEMENT >Fourth Quarter Fiscal 2016 Financial Highlights Quarterly net ...
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
Over 40,000 industry professionals and visitors from 177 different countries of the world were present at COMPUTEX 2016 during its five-day run(photo courtesy of TAITRA).Retaining its global reputation as a great marketplace of tech ...
Tags: COMPUTEX 2016, ICT trade
The Group´s current chief executive John Walden is to step down following the £1.4bn deal. Sainsbury’s chief financial officer, John Rogers has been lined up to lead the Argos owner Home Retail Group once the takeover ...
Tags: Argos, takeover, the digital transformation
ConAgra Foods has entered into an agreement with Platinum Equity to sell its food ingredient sourcing and distribution company JM Swank for an undisclosed sum. The sale of JM Swank is part of ConAgra's strategy to restructure its ...
Tags: ConAgra Foods, Platinum Equity
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
The amount of non-cash payments in China in the first quarter rose 7.1 percent year on year, according to a central bank report released on Tuesday. The amount of money involved in non-cash payments,including commercial papers, bank cards ...
The yuan edged up against a basket of currencies in May despite hopes for a stronger US dollar, according to an index released by financial services provider China Foreign Exchange Trade System. The yuan exchange rate composite index, ...
Tags: basket of currencies, US dollar
KBA-Flexotecnica has demonstrated its new Neo XD LR Hybrid web press designed for all typical ink systemsFlexodruck with water-based inks at the Drupa 2016 held in Germany. The Neo XD LR Hybrid is the CI flexo press designed to print ...
Tags: CI system, dryer systems
A May 25 Bloomberg report said that Chinese officials plan to ask their American counterparts during the upcoming eighth round of the China-U.S. Strategic and Economic Dialogue about the chance of a Federal Reserve (Fed) interest rate ...
US agricultural commodities trader Cargill has entered into an agreement to acquire Five Star Custom Foods for undisclosed sum. Five Star Custom Foods is a Texas-based food company specializing in cooked protein products and custom ...
Tags: Cargill, agricultural commodities
The diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit. This is forcing ...
Tags: diamond industry, diamond
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
Volvo Cars has unveiled two new concept cars that move the Swedish brand in an audacious new direction and mark the official launch of its global small car strategy. Today's newly-revealed 40 series concepts demonstrate for the first time ...
Tags: Volvo Cars, Concept Cars