Infineon Technologies AG of Munich, Germany has signed a definitive agreement for the newly founded private company Neptune 6 Ltd to acquire its subsidiary manufacturing site IR Newport Ltd in Newport, Wales, UK. The deal is expected to ...
A subsidiary of Flagship Food Group has acquired various assets of Glutenfreeda Foods, including its brand portfolio and its USDA manufacturing facility near Seattle, Washington. Terms of the transaction were not disclosed, but Flagship ...
Tags: Glutenfreeda Foods, Flagship Food
Secretary of State for the Department of International trade, Liam Fox made the announcement, outlining the government’s renewed ‘commitment to helping small business seize global demand for British exports.’ UK Export ...
Tags: UK Exporters
Glencore announces that it has signed a new Revolving Credit Facility (“RCF”), which will ultimately refinance and replace the existing $8.45 billion facility. In this initial pre-syndication phase, Glencore received commitments ...
Tags: Glencore
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
Camerons Brewery based in Hartlepool will grow its retail pub estate, including its Head of Steam managed brand, by acquiring 40 new pubs with a £30 million funding package from HSBC. Once the acquisitions complete, Camerons Brewery ...
Tags: Camerons Brewery, Funding Package
China is set to become the global leader in renewable technology, aiding the rise of a moderately prosperous society following the significant reforms implemented in the five-year plans. Frederic Neumann, co-head of Asian Economic ...
In the busy shopping area of Solana in Beijing's Chaoyang district, young women and men dressed in the latest fashion wander around the mix of foreign clothing stores carrying their latest purchases. In this trendy commercial landscape, ...
Tags: H&M, GAP, Apparel Brands
China's producer prices continued to fall in July, pointing to looming deflation risk, data from the National Bureau of Statistics (NBS) showed on Sunday. The producer price index (PPI), a measure of costs for goods at the factory gate, ...
Tags: PPI, PPI contraction
China's producer prices continue to fall in June, a sign of prolonged weakness of demand, data from the National Bureau of Statistics showed on Thursday. The producer price index, a measure of costs for goods at the factory gate, fell 4.8 ...
Tags: China's producer prices, PPI
Swiss specialty textile chemicals producer Archroma said it has entered into a senior secured credit agreement that provides for credit facilities totaling to around $515 million. According to an Archroma press release, the credit ...
Tags: textile chamicals production, specialty textile chemicals
China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data. The reading has remained above 50, the separation between ...
Tags: Manufacturing, PMI
Ayrshire-based egg producer Chalmerston Farm Eggs is set to increase production with the support of £1.1m finance package from HSBC. The farm is expected to benefit from a free range poultry shed that will help increase its stock of ...
Tags: Chalmerston Farm Eggs, egg
DFS has secured a new £230m funding package from a banking syndicate led by Lloyds Bank Commercial Banking following its recent stock market listing. The funding includes a £200m term loan that will be used to repay existing ...
Considered a sunset industry, the Philippine textile sector is getting back on its feet, concluded stakeholders of the Philippine textile industry at a recent seminar. The conference ‘TELA Serye: ... kahapon, ngayon, bukas. ...
Tags: sunset industry, Philippine textile sector, textile industry