China is planning more and better nonprofit hospitals specializing in traditional Chinese medicine (TCM) in a bid to rapidly develop the country's TCM industry. A comprehensive reform will focus on State-owned TCM hospitals at county and ...
Tags: Chinese medicine, TCM industry
Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
Mix 1 Life announced that it has acquired 100% of the shares of Scottsdale, AZ based BrandMark Products. BrandMark is an international distributor and sales agency of snack foods, beverage products and sports nutritional products. Its ...
Tags: Mix 1 Life, BrandMark Products, acquisition
McDonald’s global turnaround is coming to fruition. The global re-vitalisation is being driven by the new management headquartered in Chicago. There are numerous lessons that can be learnt on how big companies can successfully ...
On 23 February 2016, Wesfarmers announced a restructuring of Kmart and Target into a single Department Store division, led by Guy Russo as chief executive officer and Marina Joanou as finance director. On 24 March 2016, it was brought to ...
Tags: Wesfarmers, Kmart, Target, Guy Russo, Marina Joanous
With the firm set to celebrate its 60th anniversary this year, consumer research has been the driver behind the company's bold new direction, encompassing staff changes and fresh kits for casual users. As Revell gears up to celebrate its ...
Tags: Revell, Model kits, Junior kits, 60th anniversary
Based on the information released by the National Bureau of Statistics of China, we can see that China’s coatings market in 2014 grew by around eight percent last year over 2013. And the fact that China’s architectural coatings ...
Toy giant will move from country-by-country leadership structure to a pan-European approach to drive greater efficiencies across its European business. Toys R Us is taking ‘aggressive steps in the months ahead’ to achieve ...
From February 1st, Ian Edmunds will become the new managing director of Toymaster, while Yogi Parmar takes on the role of operations director. Edmunds (pictured) has been with Toymaster for almost 16 years serving the group for the last ...
Posted in Medical Device Business by Chris Newmarker on January 14, 2015 Hill-Rom—the dominant player in the U.S. hospital bed market—is facing a federal lawsuit in western Texas that alleges that the company has used its ...
Tags: Hospital Bed Maker, Health
Titan Internaltional Inc. posted a net loss of $20.5 million on net sales of $523.7 million for the its second quarter ended June 30, 2014. That compares to net income of $23.2 million on sales of $593.3 million for the same period last ...
Tags: Titan, Loss, Accessories
Zurich, Switzerland, July 23, 2014 – ABB today reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ...
Tags: ABB, Growth, Electrical, Electronics
Woolworths Holdings Limited announced a number of senior management changes in Australia that follow the completion of WHL’s acquisition of David Jones Ltd (“David Jones”) and its buy out of the minority interests in ...
Tags: Woolworths
Taghleef Industries is pleased to announce that it has entered into an agreement to acquire Derprosa Film from 3i Group, Baring and other minority shareholders. The transaction, which has been approved by the Board of Directors of ...
Tags: Taghleef Industries, Derprosa