The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday. China Investment Corp said that net annual returns on ...
China based Swellfun, the subsidiary of Diageo, has terminated its CNY2.3bn ($370m) Chinese liquor brand industrial park project owing to the recent anti-graft campaign in the country. As cited in Guangzhou's Time Weekly, the project was ...
Tags: Swellfun, misguided policies
PPG Industries has completed its previously announced acquisition of Cuming Microwave Corporation based in Avon, Massachusetts, and its wholly-owned subsidiary Cuming-Lehman Chambers, Inc., based in Chambersburg, Pennsylvania. Financial ...
Tags: Specialty Coatings, PPG, Specialty Materials, paint pigment, coating
Japanese automotive major Honda Motor is all set to come up with a new car manufacturing plant in the Indian state of Gujarat, moving towards inking a state support agreement (SSA) with the government by next four weeks. The Indian ...
Bosch Packaging Technology has demonstrated its rotary pen assembly machine MRA for the medical devices industry, at Achema in Frankfurt, Germany. The device, designed by Bosch subsidiary Moeller & Devicon, assembles pens or injectors ...
Tags: Bosch Packaging Technology, MAR, newly-designed device, packaging machine
Luxembourg-based glass and metal products firm Ardagh Group has floated a new wholly-owned subsidiary Oressa to transfer its metal can packaging business, and raise around €2bn through an initial public offering (IPO). The company ...
Lectra, an integrated technology solutions firm dedicated to industries using soft materials-fabrics, leather, technical textiles and composite materials has announced that Bertrandt has chosen Lectra's DesignConcept solution to optimize ...
Tags: Lectra, integrated technology
The Chinese subsidiary of Hong Kong based Li & Fung signed a strategic partnership with two of China’s largest retail groups, Shanghai Bailian Group and Beijing Wangfujing Department Store. A Li & Fung press release informed that ...
Tags: Li&Fung, children's wear
Italian chocolate producer Ferrero has agreed to acquire Thorntons, in a cross-border deal that values the British chocolate maker at around $177.7m. Ferrero will make the transaction through its subsidiary Ferholding, which has been ...
Italian woman boxer Simona Galassi will wear apparel designed from Arquas, a research platform of Turkish denim fabric producer Isko, when she partakes in the next world championship. According to an Isko press release, dressing stylishly ...
Tags: Boxer Galassi, Arquas Apparel
For the first fiscal quarter ended April 30, 2015, net revenue at Egyptian apparel retailer Arafa Holding climbed 9 per cent over the same period of previous fiscal. Arafa Holding reported net revenues of $62.0 million during the first ...
Tags: apparel, Arafa Holding
In hall B1 (booth 403) at Laser World of Photonics 2015 in Munich, Germany (22-25 June), II-VI Suwtech of Shanghai, China – a subsidiary of engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA ...
Tags: Laser diodes, Electronics
Opus Group has signed a binding agreement to sell 100% of Opus Equipment to MECA Scandinavia , a subsidiary of Mekonomen Group. The sale streamlines Opus Group's operations focusing on being a leading global vehicle inspection company. ...
Tags: Opus Group, Opus Equipmen
Cardia Bioplastics has launched a sustainable bioproducts bag range which helps divert organic waste from landfill. Cardia Bioproducts Compostable and Biohybrid Bags are now available for the use of retailers, councils, businesses and ...
Ben & Jerry's Homemade, a subsidiary of Unilever, is working on a dairy-free ice cream, which is expected to be launched in the market next year. The company will replace milk as base by using either coconut milk or almond milk to make ...
Tags: Ice Cream, dairy-free ice cream