Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
China's crude steel consumption for 2013 is estimated at 693 million tonnes and it is expected to grow 3.2 percent year on year to reach 715 million tonnes in 2014, an industry expert said on Friday. Given China's current production ...
Tags: Construction, Steel
Premier Foods has confirmed press reports that it is seeking a partner to raise funding for its troubled bread business. Sliced and diced: Premier Foods is looking for a partner for its troubled breads business The debt-laden food ...
Tags: Agriculture, Food
Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for ...
GlaxoSmithKline’s sale of Lucozade and Ribena for £1.35bn earlier this month was the latest in a long line of iconic British brand sales topped by Cadbury. GlaxoSmithKline's sale of its drinks brands was the latest in a long ...
Tags: Timeline Tracks, Food Brands
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food
Premier Foods will continue to develop its Power Brands and deliver a further £10M of cost savings this year, according to a statement accompanying its half-year results posted today (July 23). Gavin Darby, chief executive officer, ...
Tags: Premier Foods, Agriculture
The closure of Premier Foods' Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec. ...
Tags: Milling Business, Agriculture, Food
The share value of debt-laden food manufacturer Premier Foods has been driven down by one newspaper article, according to City analyst Investec. Martin Deboo, analyst with Investec, said: “Premier’s shares continue their drift ...
Tags: Premier Foods, Food
The share value of debt-laden food manufacturer Premier Foods has been driven down by one newspaper article, according to City analyst Investec. Restructuring its bread division remains a key challenge for Premier Foods Martin Deboo, ...
Tags: Agriculture, Food
DELL'S financial advisers tried to persuade 71 potential bidders to make an offer for the troubled personal computer maker before two of them emerged to challenge a proposed $24.4 billion deal with the company's founder, according to ...
Debt-laden food manufacturer Premier Foods is probably “a zombie company”, according to City analyst Panmure Gordon. Premier Foods is ‘probably a zombie company’, said City analyst Panmure Gordon Its executive ...
Tags: Premier Foods, food manufacturer, food
Britain’s biggest food manufacturer Premier Foods could be forced to compromise its recovery plan by selling key power brands to boost its troubled balanced sheet, according to a leading City analyst. Not for sale: Premier’s ...
City analyst Investec has criticised the “revolving door” at Premier Foods, after another key member of its management team left the firm this week. Room at the top: first ceo Clarke and now chief operating officer Eaton have ...
City analyst Investec has criticised the “revolving door” at Premier Foods, after another key member of its management team left the firm this week. Room at the top: first ceo Clarke and now chief operating officer Eaton have ...
Tags: Foods, Premier Foods, Food Industry