Rigid plastic packaging manufacturer Plastipak Packaging has won a bid to acquire La Seda de Barcelona Group’s APPE Packaging Division for €360m. The investment will include a gross up of €65m that will be transferred with ...
Tags: Rigid plastic packaging, APPE Packaging Division, Agriculture
Fiat is planning to fund $61bn over the next five years to turn Maserati and Alfa Romeo into global brands and spin off its luxury sports car maker Ferrari and list the shares. The company is considering to issue $2.5bn convertible bonds ...
Tags: treasury shares, Italian heritage, Auto
Monty and Mabel the penguins and the CGI stars of the retailer's 2014 Christmas ad prove a popular choice this year. John Lewis’s Christmas advert mascots, Monty and Mabel plush toy penguins have sold out online, despite anger ...
Tags: John Lewis, Soft Toy, Penguins
The "new normal" theory elaborated by Chinese President Xi Jinping would be one of the hallmarks to be engraved in history by the ongoing meetings of the Asia-Pacific Economic Cooperation (APEC) in Beijing. In his speech delivered to over ...
Tags: new normal theory, APEC
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
General Motors has requested US Bankruptcy Judge Robert Gerber to reject the $10bn lawsuit by car owners for the lost value of millions of cars recalled this year due to faulty ignition-switch. A 2008 Chevrolet HHR owner Jesse Salazar III ...
Tags: General Motors, faulty ignition switch, Auto
At the Tire Industry Association’s general meeting in Las Vegas on Monday, Nov. 3, 2014, membership passed two proposed resolutions without opposition that will end up influencing association policy. 1. "For" Periodic Motor Vehicle ...
Tags: 2014 SEMA Show, Tire Industry, Tire
At last night's CFDA/Vogue Fashion Fund Awards, shoes were celebrated as never before. For the first time, a footwear designer took home the trophy. Paul Andrew, who won FN's Launch of the Year in 2013 for his women's creations embedded ...
John Spinello needs $25,000 to pay for oral surgery. A crowdfunding campaign has launched to help pay for an operation needed by the inventor of the classic board game, Operation. John Spinello invented the classic game in 1964 and sold ...
Tags: Crowdfunding Campaign, Inventor, Toys
Ford has a new way to help police agencies save lives, prevent injuries and potentially help save millions of taxpayer dollars. As agents of law and order, police officers monitor driving behavior to ensure the safety of the motoring ...
Tags: Ford, New Technology, Accessories
The UK Green Investment Bank (GIB) is financing energy efficiency improvements at the Royal Brackla Distillery, run by John Dewar & Sons, in Nairn, Scotland. The funds will be utilized, among others, for the installation of a biomass ...
Tags: UK, Green Investment Bank, Food
Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...
Tags: Medtronic, Covidien, Medical Device
Smart meter is fundamentally equipped in smart grid. The advancing smart grid construction in China spurred the constant growth of smart meter demand. By the end of 2013, 370 million smart meters had been accumulatively installed in China, ...
Tags: Smart meter, Instruments
PRP Technology Ltd, a holding company of PRP Optoelectronics Ltd of Towcester, UK (a privately owned firm designing and manufacturing LED-based products), has announced a long-term strategic investment partnership with Veruth Holdings Ltd ...
Tags: LEDs, PRP Optoelectronics
Industrial property investment returns peak at 11.7 per cent with facilities 33 per cent bigger than they were in 2010, according to the latest research. Strengthening returns and increasing scale of distribution centres and warehouse ...
Tags: Industrial property