Swiss cocoa and chocolate products manufacturer Barry Callebaut has reported that its net profit for the first half of 2012-13 declined 7.4cto CHF116.4m ($124.5m), compared with CHF125.7m ($134.4m) for the same period in 2011-12. The ...
Tags: Barry Callebaut, Net Profit
Cisco is planning to buy femtocell maker Ubiquisys for US$310 million in cash and retention-based incentives, the company announced on Wednesday. Ubiquisys, which is located in the U.K., makes 3G and LTE small-cell technologies that ...
Tags: Cisco
JSW Steel, one of the largest Indian steelmakers, has posted a 15 percent year-on-year increase in crude steel production to 8.52 million mt in the financial year 2012-13 ended March 31, 2013. According to the company’s ...
Tags: JSW Steel, Crude Steel Production
Terumo Europe, a subsidiary of Terumo, has entered into a long-term, multi-million dollar distribution agreement with BSD Medical. Under the agreement, Terumo will have the right to market BSD's MicroThermX microwave ablation system in100 ...
Tags: Terumo, Medicine, Microwave Ablation System
The cotton growers of Australia are likely to produce 4.15 million bales of 217 kg each by the end of this fiscal year, which ends on June 30, 2013. According to Cotton Australia, a leading body for Australia’s cotton industry, ...
Tags: Cotton, Cotton Industry, Cotton Market
Symrise has acquired the global fragrance business of the Belmay Group, an international developer and manufacturer of fragrances and perfume oils. With this acquisition, Symrise is taking another strategically important step towards ...
Tags: Fragrance Acquisition, Daily Use
Even after identification of probable sites for setting up handloom villages by the Nepalese Government, the plan is yet to see the daylight, the Himalayan Times reported quoting the Federation of Handicraft Association of Nepal (FHAN) ...
JoS. A. Bank Clothiers, Inc announces the results for its fiscal year ended February 2, 2013 ("fiscal year 2012"). Net sales reached a record of $1,049.3 million in fiscal year 2012, representing a 7.1% gain as compared with net sales of ...
North Carolina Gov. Pat McCrory has reversed course and restored funding for the High Point Market Authority in his proposed state budget for the next two years. The governor had proposed cutting the state funds in half for the fiscal ...
Tags: furniture market, furniture
Indian textile and garment manufacturers are eyeing on emerging markets, including South America, Japan, Australia, New Zealand and Africa, for exports. According to industry representatives, Indian textile sector witnessed a negative ...
Tags: Textile
Specialty retailer Conn's Inc. said profits more than doubled in the quarter ended Jan. 31 as it continued to focus on higher-margin goods such as furniture and bedding. The company, which also sells appliances, consumer electronics, and ...
The Indian fiscal year which ended on March 31, 2013, was not a good period for the apparel sector, whether, domestic sales or exports. However, textile goods which include, yarns, fabrics and made-ups did not perform as badly as apparel ...
Amira Nature Foods, a United Arab Emirates-based provider of packaged Indian specialty rice, has inked a $8m agreement with a new South Korean customer to supply Indian medium short grain specialty rice. As per the agreed terms, the ...
Tags: Amira Inks, Rice Contract, Agriculture
US-based spices and seasonings manufacturer McCormick has reported that its net income increased by 2% to $76m for the first quarter of 2013, compared to $74.5m in the same quarter in 2012. The net income for the quarter was driven by ...
Tags: McCormick, net income, Food
WASHINGTON - The U.S. Citizenship and Immigration Services received roughly 50,000 "packages" with H-1B petitions on Monday, the first day of filing for the next fiscal year. Based on historical patterns, each package represents about 1.2 ...
Tags: Computer Products, software