Plastic packaging company Takween Advanced Industries has signed a memorandum of understanding (MoU) with Saudi’s Savola Group to acquire its plastics and packaging business for an undisclosed amount. As part of the deal, Takween ...
Tags: Takween, packaging business, Packaging
Embotelladora Andina, a Chile-based beverage firm and a Coca-Cola bottler, has outlined plans to offload $600m in international bonds due 2023. The amount raised by selling the bonds will be used to finance the acquisition of Brazil-based ...
Tags: Coke Bottler, Food
Taiwanese prosecutors are investigating three of HTC's employees for stealing trade secrets to sell to Chinese firms and fraud, according to recent reports. HTC's research and development centre as well as the suspects' offices and homes ...
Tags: Computer Products, software, HTC
Reportedly, Korean Posco, the world’s fifth-largest steelmaker by output posts a KRW240.5 billion (US$215.5 million) of net profit for the second quarter of this year, citing the strong competition from China lured customers with ...
HTC's second quarter net profit plummeted 83 percent year on year as sales of the company's latest flagship handset failed to meet expectations. The company reported net profit of NT$1.25 billion (US$41.6 million), down from NT$7.4 ...
Microsoft's second quarter revenue of 21.456 billion dollars, an increase of 3% from 20.885 billion dollars in the same period last year; The net profit was 6.377 billion dollars, down 4% from 6.624 billion dollars last year. Microsoft's ...
Tags: Microsoft, Net Profit, IT industry
Check Point Software Technologies plans to introduce document security software that encrypts and controls access to files across an organization's various departments and also meets the growing need for corporate users to access company ...
US snack and cola maker PepsiCo has booked a 21% decline in second-quarter net profit. In an earnings update today (25 July), the company said net profit totalled US$1.49bn in the 12 weeks to 16 June, down from $1.89bn in the previous ...
Tags: PepsiCo, Q2, second-quarter net profit, decline, earnings, net profit
Lotte Confectionery has reported a slide in first-half profits after a weak second quarter. For the six months to the end of June, the South Korea-based confectionery maker reported net profit down by 14% on the same period of last year, ...
Tags: Lotte Confectionery, first half profits, profit, company news