On Sep. 10, MLS announced that the company will spend RMB$ 180 million (US$ 278.2 million) to purchase stock in Kaistar Lighting with private fund, acquiring 10.91% of Kaistar’s shares. Kaistar Lighting is a joint venture ...
Mayor Rahm Emanuel and the Chicago Infrastructure Trust (CIT) today released a Request for Information (RFI) for the Chicago Smart Lighting Project, which seeks to update the City of Chicago’s electric lighting infrastructure. The ...
Tags: Chicago, smart LED streetlights, city lights
Leading U.S. LED manufacturer Cree announced earlier this month, it will be rebranding its power and RF business as Wolfspeed. In an exclusive interview with LEDinside analyst and assistant manager Joanne Wu, Cree co-founder and CTO John ...
Tags: Cree, Wolfspeed, RF and power business, Market Branding
China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics. The move, announced on Thursday, is being viewed by Beijing-based ...
Tags: IMF, Economic Statistics
Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
Frito-Lay's Ruffles brand has begun offering Ruffles All Dressed potato chips for a limited period, till 7 December in the US. Ruffles All Dressed potato chips are considered popular for the combination flavours it offers that include ...
Tags: Frito-Lay, PepsiCo, potato chips
Pinnacle Foods reported its financial results for the second quarter ended June 28, 2015 and raised its guidance for full-year adjusted diluted earnings per share to $1.89 to $1.91, representing the high end of its previous $1.86 to $1.91 ...
Tags: Pinnacle Foods, Grocery, Foods
Peak Performance, Scandinavia's largest technical sports and fashion wear brand, generated revenue of DKK 953m ($154 mm) in the fiscal year ended June 30, up 2.5 percent from the prior fiscal year, or 4.1 percent in currency-neutral terms, ...
G-III Apparel Group, Ltd. reported second quarter earnings doubled to $12.4 million, or 27 cents a share, from $6.2 million, or 14 cents, a year ago. Driven by robust wholesale and retail performance, net sales increased 12 percent to $474 ...
Tags: G-III Apparel, sports business, outerwear, dresses, sportswear, swimwear
Polyethylene films manufacturer BP Plastics is increasing production capacity at its plant in Batu Pahat, Malaysia, in a bid to increase exports. The company invested MYR13.5m ($3.12m) in a new cast stretch film machine from Austria amid ...
Tags: BP Plastics, Film Production
Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
Japanese automobile major Suzuki Motor will buy back the 19.9% share it divested to German carmaker Volkswagen (VW) after the International Court of Arbitration of the International Chamber of Commerce ironed out their feud. Suzuki had ...
Tags: Suzuki Motor, automobile
Net sales at specialty retailer of casual apparel for young women and men Aeropostale dived 17 per cent year over year for the second fiscal quarter ended August 2, 2015. For the second quarter of fiscal 2016, net sales at the retailer ...
Tags: casual apparel, apparel