Phenix Wine Distributors has launched a new wine distribution company to serve the US state of California. The new employee-owned wine distribution firm will focus on innovative wine sales with traditional values. The existing brands in ...
Tags: Phenix Wine, Wine
AutoNation announced that it has signed agreements to acquire four stores, including five franchises, in the Westchester County, New York area including BMW Mt. Kisco, Land Rover Mt. Kisco and Jaguar Land Rover Larchmont/New Rochelle from ...
Tags: BMW, Mt.Kisco, luxury offerings
Packaging Corporation of America has signed an agreement to acquire independent corrugated products producer TimBar for $386m. As per the terms of the deal, PCA will acquire TimBar's five corrugated products plants, two fulfillment ...
Tags: corrugated products, Packaging
CSC’s chairman Sung confirms his company’s investment valued at NT$4 billion in developing solar power business (photo courtesy of UDN.com).The Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, has ...
Tags: CSC, electric power supply, steel market
Debenhams has announced its trading update for the 15 weeks to 11th June. LFL sales grew by 0.2%, with online sales up 7%. In the 15 week period, gross transaction value rose by 0.5%, taking the cumulative YOY performance to growth of 1.3%. ...
Tags: clothing, sustainable growth
The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...
Nippon Paper Industries has signed an agreement with US based timber company Weyerhaeuser to acquire liquid packaging board business for $285m in cash. Under the terms of the deal, Nippon Paper will acquire Weyerhaeuser's mill located in ...
Tags: packaging board, Paper Industries
The Group´s current chief executive John Walden is to step down following the £1.4bn deal. Sainsbury’s chief financial officer, John Rogers has been lined up to lead the Argos owner Home Retail Group once the takeover ...
Tags: Argos, takeover, the digital transformation
Olam International has acquired a 100% stake in Brooks Peanut Company for $85m. Brooks, which was established in 1959, is based in Samson, Alabama. It is currently the sixth largest peanut sheller in the US. The company processes about ...
Tags: Olam International, Brooks, peanut
China's export growth in yuan-denominated terms slowed to 1.2 percent year on year in May from 4.1 percent in April, customs data showed Wednesday. Imports grew 5.1 percent, significantly rebounding from a 5.7-percent decline in April, ...
Tags: China's export, Imports Rebound
The landscape of the global OEM AIO (all-in-one) PC market will undergo a dramatic change in 2016 as number-two maker TPV-Inventa Technology begins making its gradual exit from the segment, according to Digitimes Research. Asia Vital ...
STMicroelectronics of Geneva, Switzerland says that its silicon carbide (SiC) metal–oxide–semiconductor field-effect transistor (MOSFET) devices have enabled the ZapCharger Portable (claimed to be the world's smallest ...
Tags: transistor, Electric-Car Charger
While OLED panels are seeing increasing use in smartphones and have been adopted for TVs, the technology is unlikely to replace TFT-LCD panels and therefore makers of light guide plates for LCD panels will not see major impacts, said ...
Tags: OLED panels, OLED TVs
Although several brand vendors including Asustek Computer, Lenovo, Acer, Hewlett-Packard (HP) and Dell are all preparing to launch new 2-in-1 devices in the second half of 2016, some market watchers are concerned that demand may be limited. ...
Tags: 2-in-1 devices, Microsoft, CPU
The production value of Taiwan's IC design industry is expected to increase 6.7% sequentially in the second quarter of 2016, thanks to a pick-up in handset demand, according to Digitimes Research. Demand in China's smartphone market is ...
Tags: smartphone, IC