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
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Ice cream cone brand Joy Cone has acquired BoDeans Baking Group for undisclosed sum in a bid to expand its business. BoDeans Baking is a major player in the novelty ice cream cone, wafer, and inclusion market. Joy Cone president and CEO ...
Tags: Joy Cone, BoDeans Baking, acquisition
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 ...
John Lewis has signalled its commitment to financial services provision by announcing its intention to launch a new John Lewis Finance brand. The brand will encompass John Lewis' growing range of financial services products – which ...
Tags: John Lewis, commitment, Finance brand
Ennis reported financial results for the three and six months ended 31 August 2016. Highlights include: Gross profit margin on continuing operations increased slightly from 29.5% to 29.6% on a sequential quarter basis.Diluted earnings ...
Tags: Ennis, financial results
Technically Incorrect: In Interbrand's annual survey, Apple stays ahead of Google. Facebook, though, is the fastest-growing brand. Apple is fading. Apple's lost its sense of innovation. Apple misses Steve Jobs. Apple is still the ...
iOS Foundation Program to Expand Opportunities Across Italy Apple’s first iOS Developer Academy opens in Naples, Italy. Apple opened the first iOS Developer Academy Thursday to train app developers on the world’s most ...
iPhone 7, iPhone 7 Plus & Apple Watch Series 2 to Support FeliCa, Giving Users an Easy, Fast & Secure Way to Pay & Commute Apple Pay will let iPhone 7 users in Japan commute quickly and easily with Suica. San Francisco — Apple ...
Featuring Apple Watch Series 2 & Exclusive Nike Sport Bands, This is the Easiest Way to Run Customization is a tap away with the seamlessly integrated Nike+ Run Club app. San Francisco and Beaverton, Ore. — Today, Apple and ...
Tags: Apple Watch Nike+, running partner
The Hain Celestial Group announced it has received a limited waiver and extension of certain obligation under its unsecured credit facility from its lenders regarding the delivery of its fiscal year 2016 financial statements and, if ...
Tags: Hain Celestial, limited waiver, extension of credit facility
Food supply chain software specialist LINKFRESH has signed a major deal which could be worth up to $5m in joint revenues with Illinois-based FamilyFarms Group. FamilyFarms Group is a farmer-owned organisation focused on delivering ...
Tags: LINKFRESH, FamilyFarms, ERP Software
An investor coalition worth $1.25tn is set to persuade 16 multinational companies to identify risks associated with industrial animal production and device strategies to roll out plant-based sources of protein. The coalition urges the ...
Private equity investment firm Paine & Partners has entered into an agreement to acquire food safety and food quality solutions platform Global ID Group. However, financial details of the transaction were not disclosed. Headquartered in ...
Tags: Paine&Partners, Global ID, food safety