China's refinery throughput rose 4.3% year on year to 43.54 million mt or an average 10.30 million b/d in July, preliminary data from the National Bureau of Statistics showed Wednesday. The July rate was down slightly from 10.59 million ...
Tags: Refinery, oil demand
Electric motors and motion subsystems firm Johnson Electric Holdings will purchase Stackpole International group of companies, an engine and transmission pumps powder metal components supplier for automotive sector in a deal valued at ...
Tags: Electric motors, motion subsystems
Firms to unveil slew of models across various price segments Smartphone makers from China are queuing up to release their latest devices ahead of Apple Inc's long awaited new iPhone launch later this autumn. Lenovo Group Ltd's third ...
Tags: smartphone, iPhone, Lenovo
The European Commission will extend the safety net measures for dairy, fruit and vegetables sectors into 2016, in order to support farmers most affected by the Russian ban. The measures for fruit and vegetables, including peaches and ...
Tags: fruit, vegetables, peaches, nectarines
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
Automobile major Skoda will carry out optimization of its three manufacturing units in Mladá Boleslav, Kvasiny and Vrchlabí in the Czech Republic during a three-week break on account of factory holidays. While work for ...
British casual wear brand Crew Clothing has launched a store expansion programme after reporting a 12 per cent rise in sales last year, according to media reports. Sales grew by £6.5 million ($10 million) for the year ending 26 ...
Tags: Crew Clothing, casual wear
The Kenyan government has earmarked 680 million Shilling ($6.8 million) to revive and expand operations at the Rift Valley Textile Mills (Rivatex) in Uasin-Gishu County, deputy president William Ruto has said, according to reports in the ...
Wal-Mart Stores, Inc. has announced that it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global e-commerce in Asia, will lead ...
Sales will continue to grow as major companies roll out new products with long-lasting flavors in a highly competitive market Wallace Chung looked as if he had just stepped off a movie set. Dressed in an electric blue jacket with matching ...
Tags: Chewing Gum, chewing gum market
Thai Union Frozen Products (TUF) is planning to raise close to $380m, which will fund its planned acquisition of Bumble Bee Seafoods. TUF will offer up to 795.3 million new shares to its existing shareholders at $0.4685 each, Reuters ...
Tags: food, Bumble Bee Seafoods
The Auckland Council in New Zealand is switching on to electric vehicles (EVs), substituting 10 of its petrol vehicles with two all-electric Nissan Leafs and eight Toyota Prius hybrids. If everything works as planned, the civic body will ...
Tags: automobile manufacture, auto accessories, petrol vehicles
Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, ...
Tags: agricultural machinery, tractor
Japanese automotive test systems firm Horiba has acquired the vehicle engineering, research and product testing business of UK-based Mira, extending its portfolio to next generation mobility. The new entity, henceforth known as Horiba ...
Tags: automobile manufacture, auto parts, auto accessories, Horiba
UK-based Noble Foods that supplies fresh eggs to the country’s retailers has selected Paragon Software Systems’ Integrated Fleets planning solution as its strategic modelling tool of choice. The Paragon software will be used ...
Tags: animal husbandry, Noble Foods, egg