A total of 95 Chinese companies have made it onto the list of Fortune 500 companies compiled by Fortune magazine, with combined gross revenue of $5.2 trillion, or 17 percent of the Fortune 500's total revenue. The list, ranked by ...
Tags: Fortune, Chinese Companies
The first thing customers see as they enter the basement of the Wal-Mart Qinghe store in Beijing is a mountain of imported milk cartons. Half a large stack of Euro-fit whole milk from Germany, selling at 9.9 yuan ($1.61) per box, is ...
Tags: Imported Milk, Dairy Products
French retail giant Carrefour is said to quit the Chinese mainland and Taiwan. Sources said recently that Carrefour, the biggest retailer in the world and the second-biggest one in Europe, was considering selling business in both the ...
Technology has changed everything we know about the office. Now it is threatening to get rid of the office as we know it. A series of surveys undertaken by Intelligent Office, a virtual office space provider, show just how profound this ...
Joose flavored malt beverage and beer products producer in the US, United Brands Company, has introduced its Joose Margarita in a new 12-pack with 12oz cans. United Brands president and CEO Michael Michail said the new packaging allows ...
Tags: Cans, Packaging, United Brands
New York-based insurer MetLife has eliminated the jobs of 2,500 advisers, representing a third of total, in a bid to save operational cost and make the company more productive. Other reasons of the job cuts as dictated by the company ...
Wal-Mart Stores, Inc. reported financial results for the first quarter ended April 30, 2013. Net sales for the first quarter were $113.4 billion, an increase of 1.0 percent over last year. Net sales last year benefited by 1.0 percent from ...
Tags: Apparel, Apparel Industry
Herdez, a US-based salsa brand owned by Grupo Herdez, has unveiled a new range of Mexican Cooking Sauces. The new Herdez Mexican Cooking Sauces are available in four variant flavors, including Traditional Chipotle, Roasted Pasilla Chile, ...
Tags: cooking sauces, Herdez, Cooking
Peer Foods Group, a US-based producer and distributor of major meats, is set to establish a new production facility in Cumberland, Indiana, creating 80 new jobs by 2014. As part of the expansion plan, the company will invest about $5.5m, ...
Tags: Peer Foods, Agriculture, Food
Walmart announced that it has worked with SolarCity to install solar panels on 12 Walmart stores and Sam’s Clubs throughout Ohio. The solar panel installations will add approximately 6,000,000 kWh of generation production – ...
Tags: Walmart, SolarCity, solar panels
THE Dow Jones Industrial Average has edged closer to an all-time closing high, as investors brushed off steep losses in China's equity markets and pushed major benchmarks higher. The Dow rose 38.16 points, or 0.3 per cent, to 14127.82, to ...
Wal-Mart Stores today (21 February) set a forecast for first-quarter earnings below analyst estimates amid caution over the economy and consumer confidence. The world's largest retailer said it expects first-quarter earnings per share of ...
US stocks edged mostly lower as declines in Wal-Mart Stores and the energy sector offset firm readings on consumer confidence and New York manufacturing. The Dow Jones Industrial Average rose 8.37 points, or 0.1 per cent, to 13981.76 ...
Tags: US stocks, energy sector offset, finance
Asda has recalled fresh sauce manufactured by private-label giant Greencore after finding horse DNA in the line - the first product outside the frozen aisle to become embroiled in the contamination scandal. Greencore has confirmed it ...
Tags: Asda, Horse DNA, Greencore Chilled Sauce
Retail giant Wal-Mart Stores has revealed expansion plans for its Canada division that will see it invest US$450m in supercentre and distribution facility projects. Outlining the plans today (22 January), Wal-Mart said it is planning 37 ...
Tags: Retail giant, WalMart Stores, WalMart