US automobile major Ford takes the big leap forward for developing self-driving cars, partnering with firms in Silicon Valley and translating its research initiatives to an advanced engineering level. With 29-year Ford veteran Randy ...
Tags: Ford group, self-driving cars, advanced engineering, auto accessories
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
Cotton prices will remain range-bound during cotton year 2016 even if domestic production declines by 10 to 15 per cent, according to ICRA, an independent and professional investment information and credit rating agency. In a report ...
Tags: Cotton Prices, Cotton
Industrial thread and consumer textile crafts marketer Coats Group plc opened the day’s trading on the main market of the London Stock Exchange on June 23, 2015. “The London Stock Exchange market open ceremony celebrates ...
Tags: London Stock Exchange, Industrial thread, textile crafts
Sales of China heavy trucks decreased 33% in the first five months this year over last year, and we predict that the sales will recover in the second half year. The drastical decreasing sales of heavy trucks can be attributed to the ...
Tags: Heavy Trucks, Trucks
The Indian Government has officially kicked off the preferential credit package of $300 million to promote India-Vietnam garment cooperation, the Vietnamese media has reported. India will invest in building an industrial park specialising ...
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
Hosiery and knitwear brand Dollar Industries which is is headquartered in Kolkata, will invest Rs 25 crore to set up a new facility at Ludhiana, according to media reports. The company has manufacturing facilities at Kolkata, Tirupur ...
Tags: Dollar Industries, Apparel
The French Textile Machinery Manufacturers Association (UCMTF) organised four seminars in Iran at various Iranian textile hubs like Tehran, Kashan, Ispahan and Yazd. “The French delegation was led by UCMTF vice-president Ameline ...
The latest photovoltaic (PV) price update by EnergyTrend, a division of TrendForce, shows the downstream sector of the industry has been seeing brisk orders since the start of June. Stock up demands for this month also starts to pick up ...
Campbell’s has expanded its Australian range announcing a new line of soup bases. The product is a liquid stock designed to help make soups more quickly. Campbell’s says soups can be ready within 30 minutes when using the ...
Tags: soup bases, soups
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
US-based Jeni's Splendid Ice Creams has again ceased operations at its production facility after finding listeria during routine testing. The company earlier recalled ice cream products and closed retail shops in April after finding the ...
Tags: Ice Creams, ice cream products
Chinese shares dived on Tuesday, with the benchmark Shanghai Composite Index down more than 3 percent at the end of trading, driven by an exodus of capital from the stock market. The benchmark Shanghai Composite Index dived 3.47 percent, ...
Tags: ChiNext Index, Chinese shares