'One Belt, One Road' initiatives offer hope to firms like Zoomlion amid stagnant sales in domestic market, reports Xu Wei. Plans by China's leaders to revive ancient intercontinental land routes and develop maritime links are being seen ...
Tags: Heavy Equipment, heavy machinery
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
In acquiring an 80.1% stake in Philips' combined LED components and Automotive lighting business (with Netherlands-based Philips retaining the remaining 19.9%), new owners GO Scale Capital (an investment fund sponsored by GSR Ventures and ...
Tags: Lumileds, LED components, Electronics
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Patagonia launched a cross-country mission with a message of reducing overall consumption. The Worn Wear Mobile Tour, kicking off April 2 in Ventura, CA, and ending May 12 in Boston, is the brand's attempt to encourage customers to make ...
Tags: Patagonia, Sporting Goods, Wagon
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
UK based construction service provider Balfour Beatty has been awarded £80m contract to construct the National Automotive Innovation Centre (NAIC) in Coventry for the University of Warwick, England. The facility will include art ...
Tags: Balfour Beatty, the NAIC, Auto Parts
After nine regional and three central rounds of negotiation, BAVC and IG BCE have reached an accord in the wage dispute: remuneration for the 550,000 employees at the 1,900 plants of the chemical and pharmaceutical industries will rise 2.8 ...
Tags: Wage Agreement, BAVC, Construction
Human Rights Watch (HRW) has demanded that German apparel and footwear brands should promote workers’ rights in their global operations by publicly disclosing names of factories producing their products. “Supply chain ...
Net revenue at yoga inspired athletic apparel company; Lululemon Athletica drove up 13 per cent year over year in year ended February 1, 2015. In a press release, Lululemon Athletica said that in fiscal 2014, net revenue surged 13 per ...
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
The N8 Research Partnership has received an £8m grant from the Higher Education Funding Council for England (HEFCE) through its Catalyst Fund to develop its Agri-Food Resilience programme. The N8 Research Partnership, collaboration ...
Tags: HEFCE, Resilience programme, Food
Australian farmers, agribusiness and food business entrepreneurs working with Chinese businesses are reporting greater access to new markets and value chains, which is translating to increased profits, according to new research released ...
Hong Kong-based Shunfeng International Clean Energy Ltd (SFCE) has signed a memorandum of understanding (MOU) to acquire a 51% ownership stake in Lattice Power Corp of Nanchang, China, which claims to have been the first company to realise ...
Tags: silicon LEDs, LED lighting
The UK Government's Universities Minister Greg Clark MP has unveiled a £17.3m funding award that will underpin the Compound Semiconductor Research Foundation - the first of its kind in the UK, with potential to become one of the ...