British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn. Flora margarine spread and Stork butter brands are among the brands that are likely to be ...
Tags: Unilever, food brands
China's centrally administered state-owned enterprises (SOEs) performed well in the first two months of 2017 thanks to a stabilizing economy and better management, the state assets regulator said Thursday. Combined profits of China's ...
Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
American food giant Tyson Foods has made a commitment to use only chicken with “no antibiotics ever” (NAE) in its consumer branded products. The commitment was announced by Tyson Foods president and CEO Tom Hayes while ...
Tags: Tyson Foods, Chicken Products
French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...
China's mechanical industry developed rapidly last year, buoyed by the fast-growing auto and electrical appliance segments, China Machinery Industry Federation said Thursday. The auto sub-sector contributed nearly 60 percent of the ...
Although the Lunar New Year holiday has ended, employees in China will have to wait until the Lantern Festival to return to work. In addition, power plant installation has been suspended in China during the Lunar New Year holiday, leading ...
Tags: PV Market, Solar Cell
Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...
Tags: Film Industry, Turning Point
The US Supreme Court on Tuesday handed Samsung a victory in its long-running patent dispute with Apple. The nation's highest court said in a unanimous opinion that damages for design patent infringement can be based only on the part of ...
As they drift off for their one- or two-day vacations shortly, will Apple's senior executives be patting themselves on the back? Or will they be slapping themselves on the forehead? Apple's 2016 was garlanded with the usual hype, but not ...
Although many vendors have already entered into the robot market and released products aiming for 2017, some market watchers are pessimistic about their demand as these products are not essential to consumers and limitations over their ...
Tags: Robot Products, robot market
Has been committed to the fight against the black China Mobile, now being black "pull out the wool". Recently, the reporter found that in twenty-first Century economic report, China Mobile launched the consumer trading platform for ...
Phoenix Technology News Beijing on December 14th news, according to foreign media reports, 2016 will be the past, a new round of competitions began to list released, in the most valuable Bloomberg CEO award, apple CEO Cook ranked eleventh, ...
Tags: Bloomberg CEO award, apple CEO, Cook