Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity. The United States is projected to grow at more than 15% per ...
Tags: Processing Machinery, robots
French dairy group Lactalis is in negotiations to acquire Canadian dairy processor Saputo's cheese manufacturing facility in Germany for an undisclosed amount. Saputo's German facility manufactures Italian specialty cheeses for the retail ...
Tags: French dairy group, Food
The UK economy is set to avoid a triple dip recession as business confidence grows, according to the latest Quarterly Economic Survey from the British Chambers of Commerce (BCC). The weakness of the pound helped to boost exports in the ...
Tags: Agriculture, economy
Khadi and Village Industries Commission (KVIC) implements a number of schemes that provides large scale employment especially in rural areas of the country. Although there is no such target specifically set for the current year, cumulative ...
The flip side to China's large population is its vast labor supply. China's emergence as the manufacturing hub of the world over the past three decades has created significant downward pressure on pricing of many of the world's goods. ...
Tags: Focus Vision, China, China Price
McCain Foods, a frozen food company based in Canada, plans to invest INR3.5bn ($63.6m) to boost the production capacity of its plant in Mehsana, Gujarat, India. This move is a part of the company's plan to address the increased demand ...
Tags: McCain Foods, frozen food, Canada, India
WesternZagros Resources has awarded a contract for two 2,000 horse-power drilling rigs with a leading North American drilling contractor. The two rigs have been contracted to drill the Hasira-1 well, the Baram-1 well and subsequent wells ...
Tags: WesternZagros, drilling rigs, petroleum service sector, petroleum service
Singapore escaped a technical recession after the economy grew in the fourth quarter thanks to a boost from services, government data showed yesterday, but prospects for 2013 remain gloomy. The Ministry of Trade and Industry said that ...
Tags: Singapore, technical recession, GDP
China’s ministry of commerce said that foreign direct investment in China fell 5.4% from a year earlier in November, widening from October's drop of 0.24%. The total value of overseas investment stood at USD 8.29 billion, the sixth ...
Tags: China FDI, overseas investment, manufacturing sector, service sector
Hotel chain in the UK, QHotels has signed up to Waste & Resources Action Programme’s (WRAP) Hospitality and Food Service agreement in a bid to reduce food and associated packaging waste throughout the country. As part of the ...
Tags: QHotels, WRAP, packaging waste
According to a major economic report, GDP growth next year is likely to be higher than in 2012. Chinese Academy of Social Sciences said in its "blue book" report that China is set to achieve 8.2% annual GDP growth in 2013, higher than the ...
Tags: GDP growth, service sector, economic structural reform
Over the past few years much has been said about the amazing economic and industrial growth achieved by China.Let's be honest,China's growth has been absolutely remarkable and is the envy of the world.In 2010 China became the world's ...
Tags: China, Remarkable, Growth, Clay
Norwegian conglomerate Orkla, which is reshaping its business to focus on consumer goods, is to buy local food group Rieber & Søn. Orkla has struck a deal to buy the Rieber family's 90.1% stake in Rieber & Søn. The agreement ...
Tags: food group, food, pizza, chocolate
(i) GDP In 2005, the GDP of Xinjiang reached RMB 260.4 billion yuan, 19% of which was produced by the primary industry, 44.7% by the secondary industry and 36.3% by the tertiary industry. The per capita GDP was RMB 13,108 yuan, equal to ...
Tags: Xinjiang Uygur Autonomous Region, survey, economy, investment
Reportedly, China's GDP is likely to grow in 2013 compared to that of year 2012. According to the "blue book" report of Chinese Academy of Social Sciences, China is aiming to achieve 8.2% annual GDP growth in 2013, higher than the estimated ...