The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
Despite foreign and domestic challenges facing the Chinese economy, including the recent turbulence in the stock market, former Australian prime minister Kevin Rudd has full confidence in the world's second-largest economy. "I think the ...
Tags: Chinese economy, stock market
China's securities regulator has stressed that it would stand by its recent market-stabilizing rules and maintain its hard-line stance on share dumpers. Deng Ge, the spokesperson for the China Securities Regulatory Commission (CSRC), ...
Dematic has launched a new high-density storage for warehouse operations, the Colby Push-Back Pallet Racking. Colby Push-Back Pallet Racking provides high-density storage where pallets are stored up to six pallets deep. Using a forklift, ...
Tags: warehouse, storage, Pallet Racking
Nestlé Confectionery's bubbly chocolate brand AERO has unveiled a collaboration with British fashion designer Matthew Williamson to create a beautiful limited edition wrapper design. The new high-fashion design will feature on AERO ...
Tags: Nestlé, AERO, Matthew Williamson, packaging
US-based Flowers Foods has completed the acquisition of organic bread producer Dave's Killer Bread (DKB) for approximately $275m in cash. The acquired entity will run as an independent subsidiary of Flower Foods. In August, the company ...
Tags: Flowers Foods, DKB, packaged bakery foods
IBM has unveiled a cloud-based service designed to help automakers turn driver and vehicle data into actionable insights. The cloud service will facilitate real-time diagnostics on engine trouble; provide insights for predictive ...
Tags: IBM, connected devices, vehicles
Inventec Corp., a major EMS (electronics manufacturing services) provider headquartered in Taiwan, reportedly has become a supplier to Fitbit, the American vendor of wearable devices that recently went public on the New York stock exchange ...
Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA, a provider of RF solutions for mobile, infrastructure and aerospace/defense applications, has completed its $400m share repurchase program, which was authorized by its directors last ...
Tags: Qorvo, RF, applications
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) says that the underwriters in its public offering, (announced on 21 August) have - ...
Tags: GigOptix, analog semiconductor
China's independent teapot refiners are showing little interest in participating in Russian M100 tenders that are set to be issued in late September or early October, market sources said Thursday. Only two 40,000 mt cargoes of Russian ...
Tags: Teapot Refineries, Refineries
The Dow Chemical Company has commenced its exchange offer for the split-off of a significant portion of its chlorine value chain. The split-off transaction is the next step in the separation, from Dow, of its U.S. Gulf Coast Chlor-Alkali ...
Tags: Dow Chemical, Epoxy
Miso Tasty has introduced its premium soup range in around 200 Waitrose stores across the UK. Waitrose has stocked classic Shiro and spicy Aka flavours of the brand's instant miso soup. With a special introductory price of £3, both ...
Tags: Miso Tasty, Soup