The Chinese mainland market may have suffered its biggest loss on Monday, but rebounded on Wednesday. 2015 is set to be the first of what is likely to be a three-year bull run for Chinese equities. Chinese households have for the most ...
Tags: Chinese Equities, Bull Market
Indonesian establishment Indofood Sukses Makmur is set to reduce its share in vegetable processing firm China Minzhong Food, a move that would raise $314m. The sale, which is expected to be completed by June, will reduce Indofood's stake ...
Tags: China Minzhong Food, Agriculture
Swiss food major Nestle is planning to invest over EGP1bn ($137.93m) in Egypt over the next few years where food is considered as a fast-growing sector. The proposed investment will be used in manufacturing, new products and the ...
Tags: Nestle, nutrition, health industries, Agriculture
In a bid to hike its commitment to apparel finance, Wells Fargo said it has opened a new Commercial Banking office in New York City to expand its services to the apparel industry. Spearheading the Commercial Banking apparel initiative is ...
Tags: banking, insurance, investments, Apparel
Global soft drinks volumes expanded just over three percent in 2014, while value sales grew by more than six percent to reach US $867.4 billion dollars, according to market research organisation Euromonitor. While the US remains the ...
Tags: tea, coffee, sports, bottled water, Agriculture
Nestle, Swiss food giant, is going to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years. Its North East Africa Region CEO said the kind of investments they have made over the last three to four years ...
Tags: Nestle, food giant
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
The Vidarbha region of Maharashtra state would be projected as a future textile and garment hub of India at the 12th International & 70th All India Textile Conference, to be held on 17-18 January 2015, at Dr Vasantrao Deshpande Auditorium, ...
Tags: Textile Hub, decision makers, Apparel
Ahmedabad based textile group Chiripal Group has planned investments of Rs 3,640 crore in various segments of the textile industry in the next two years. “Group company and second biggest denim fabric producer in India – ...
The international investors Cascade Investment L.L.C., Bill & Melinda Gates Foundation Trust, Fidelity Worldwide Investment and Threadneedle Investments together holding 8.61% of Sika`s share capital (4.62% of the voting rights) have ...
Tags: long-term prospects, welfare, Construction
Toyota Motor is planning to open two new assembly plants in China and one in Mexico, marking the end of its three-year freeze on building new vehicle assembly plants. Reuters reported Toyota's North American head Jim Lentz as saying that ...
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
President Barack Obama signed into law H.R. 4007, the Protecting and Securing Chemical Facilities from Terrorist Attacks Act of 2014. The law reauthorizes the Department of Homeland Security’s (DHS) Chemical Facility Anti-Terrorism ...
Tags: tiering methodology, Construction
According to the Vietnamese Foreign Investment Agency (FIA), Hong Kong has emerged as the second biggest investor in Vietnam in 2014 overtaking big investors like Japan, Singapore and Taiwan. Most of the investments from Hong Kong have ...
Tags: existing facilities, Textile
Lululemon Athletica Inc. upgraded its net revenue and earnings guidance for the fourth quarter of fiscal 2014 ahead of its presentation at the ICR XChange investor conference on Monday. For the fourth quarter ending Feb. 1, Lululemon now ...
Tags: guest experience, international expansion efforts, Sporting Goods