In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
Nestle has opened a new LKR500m ($3.4m) UHT milk plant in its Kurunegala factory in Sri Lanka to boost its production capacity. The new investment is said to help Nestle in expanding the production capacity for its dairy based products. ...
Tags: Nestle, UHT Milk Plant
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
If you're a GTA Online player and you've used a mod, cheat, or glitch to swell your in-game bank accounts, you might be disappointed the next time you load up the game. Rockstar Games has launched a new crackdown on players who have ...
There's a new Android Trojan doing the rounds, and this time, it's after banking details – targeting customers of banks across the US and Europe. The malware looks like a Flash Player app, and is considered to be highly dangerous as ...
Tags: Android Malware, Android Trojan
Looking for a new tablet? Well, before you go breaking the bank, you might consider checking out this generous offer from Amazon. The online retailer already offers discounts on refurbed versions of its Fire HD tablets, but now it's gone ...
Tags: HD 7 Tablet, tablet
Apple could launch an iPhone 8 with a 5-inch display next year, according to reports on Monday. Nikkei says the company will release the intermediary size to accompany the 4.7-inch iPhone 8 and the 5.5-inch iPhone 8 Plus. The move would ...
Tags: iPhone 8, 5-inch display
Apple October 2016 MacBook Pro launch event: The Apple keynote is finally over, and we've got a bunch of software and hardware news to spill. Here’s the latest from Cupertino. Apple event overview As predicted, Apple confirmed new ...
Tags: Apple, MacBook Pro
Looking for a smartwatch but don’t want to fork out for a bank-clearing Apple Watch Series 2? Try this on for size. Amazon has discounted the Pebble Time smartwatch from £149.99 to just £75.12 – that’s a ...
Tags: smartwatch, Apple Watch
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
Blue Goose Capital, a privately-held, Canadian-based protein and organic food company, has announced the acquisition of Tender Choice Foods. Tender Choice Foods operates processing plant specializing in the processing, packing and ...
Tags: Blue Goose Capital, Foods
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi