Adidas reached an agreement to continue its partnership with North Carolina State. Adidas will guarantee the university at least $6.45 million per year in retail product and financial considerations to the Department of Athletics, more than ...
Tags: Adidas, athletic footwear, apparel
India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
Lunera® Lighting, a leader in lighting innovations accelerating the transformation to advanced LED technology, is pleased to announce the sale of its one-millionth Helen Lamp, a plug-and-play LED replacement for a compact fluorescent ...
Tags: Lunera Lighting, LED Lamp
Nestle India has re-launched Maggi Noodles across store shelves in India just ahead of the festive season and the Swiss food giant is leaving no stone unturned to capitalize on the lost time as it seeks to expand the sales through ...
Tags: Nestle, instant noodles, Maggi
Weyerhaeuser is exploring strategic alternatives for its cellulose fibers business that produces liquid packaging board, absorbent pulp and papergrade pulp. The company is considering various alternatives such as sale or spin-off of the ...
Tags: Weyerhaeuser, liquid packaging, board
Nestle India’s Maggi Noodles has cleared the government approved lab tests, paving way for its retail sales this month. All the samples of the newly manufactured batches from its plants in Nanjangud in Karnataka, Moga in Punjab and ...
Tags: Maggi Noodles, Nestle
October average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market decreased 9.7% on month to CNY29.8 (US$4.7), while that for 9W models (equivalent to 60W incandescent ones) rose 1.9% to CNY36.9, ...
Tags: China market, DIGITIMES, Digitimes Research
US-based packaged food company ConAgra Foods has signed an agreement to sell its private label operations to TreeHouse Foods for $2.7bn in cash, which excludes transaction expenses. Under the agreement terms, ConAgra Foods will sell ...
Tags: ConAgra Foods, TreeHouse Foods
Flat-panel computer monitors capable of producing an unprecedented range of colors are going on sale in Europe next month, thanks to quantum dot technology that appears on the verge of making a major impact on the displays industry. ...
Osram’s transformation is making further progress: the company has agreed to sell its 13.5% stake in the Chinese company Foshan Electrical and Lighting (Felco) to a subsidiary of Guangdong Rising Assets Management With this move, ...
Celebrity portraits were among the 500 photos on sale at the Shanghai Exhibition Center over the weekend. 'Photo Shanghai' combines the works of 50 leading galleries from around the world, and took in record revenues. The exhibition is ...
Tags: Galleries, 'photo Shanghai', exhibition
Seventeenth-Century Chinese furniture is among highlights at Christie's auction house in New York right now. It's come to market thanks to the sale of a private Hong Kong collection. Asian Art Week is also offering rare Chinese ceramics. ...
Tags: Chinese furniture, art, Ceramics
Luxembourg-based glass and metal products firm Ardagh Group is delaying its previously planned initial public offering (IPO) for its wholly-owned subsidiary Oressa citing challenging IPO market conditions. Announced in June this year to ...
Tags: glass, metal products, metal can packaging
South African paper and packaging firm Mondi has acquired 95% stake in a flexible packaging company KSP in South Korea. KSP operates a production plant in Seoul, in addition to having an interest in another plant in Thailand. Nearly ...
Noble Energy's two long-awaited deepwater Gulf of Mexico fields came on stream ahead of schedule in late October and should reach peak in the next couple of weeks, the company's CEO said Monday. The Dantzler and Big Bend fields, in water ...
Tags: Noble Energy, Crude, sales volumes