George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
Most every company says they’re customer centric. Some actually believe it. But companies that are truly customer centric walk the talk. They translate high-minded words into daily deeds. These companies serve the customer at every ...
Tags: Empathy, economic sense, Electronics
A consortium of companies in the European process industry from the areas of biotechnology, renewable resources, chemistry, process engineering, equipment supply as well as research organizations recently launched project PRODIAS ...
Tags: BASF, European process industry, Renewable-Based Products
UK Chancellor of the Exchequer George Osborne has cut duty on spirits and cider by 2% and froze duty on wine and slashed the price of beer by a penny a pint for the third year now. In the budget speech presented in the House of ...
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent. Highlights: ...
Tags: DSW Inc, sales growth
Sinton Dairy Foods, a unit of Borden Dairy, is looking to exit fresh fluid milk business and focus on making extended-shelf-life milk in the US, a move which could put around 120 jobs at risk. The transition will be carried out over ...
Brown-Forman is planning to invest an additional $20m to restore its Old Forester bourbon brand. Last year, the company had allocated $30m to establish a new distillery in Louisville, Kentucky, to produce Old Forester, which sold only ...
Egypt has signed two investment agreements worth $6bn in a bid to develop a global logistics centre for grain handling and a city of commerce and shopping project. DN Egypt reported citing country's supply minister Khaled Hanafy that the ...
Tags: grains, basic food commodities trade, wheat
A research from Netherlands based Rabobank finds that European Food & Agribusiness (F&A) industry is losing €60bn annually because of food wastage. The report identifies the supply chain as the source of most of the food wastage, ...
Tags: Food Wastage, crops handling, food packaging
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry
Fortune cookie maker Wonton Food is reportedly looking to strengthen its manufacturing capabilities with a new $20m facility in La Vergne, Tennessee, US. The company is also considering Houston and New York as alternate sites. The ...
US based apparel marketer, Iconix Brand Group said it has acquired the remaining 50 per cent of Iconix China from its joint venture partner, Novel Fashion Brands Limited. Novel Fashion Brands was owned by the Chou family and the deal ...
Mumbai-based private equity firm Kedaara Capital has forayed into the packaging sector by investing close to $32m (Rs 200 crore) in an unlisted folding cartons and paper packaging company, Parksons Packaging. The company said that it ...
Tags: folding cartons, paper packaging, Packaging
US based Red Bone Alley Foods is set to invest $3.5m in order to expand its food production operations in Florence County, South Carolina. This new investment will be used in to establish sauce, marinade and spice production ...
Tags: Red Bone Alley Foods, sauce, marinade
Foreign direct investment (FDI) in the Chinese mainland jumped 17 percent year on year in the first two months of 2015, settling at 22.48 billion U.S. dollars, the Ministry of Commerce (MOC) announced Tuesday. The pace slowed from a 29.4 ...
Tags: China's FDI, service sector