December 5, 2013 8:02 am
Tingyi (Cayman Islands) Holding Corp. is a local Chinese company, which specialises in manufacturing and distributing baked goods, instant noodles and beverages. After its annual sales slowly grew, the company started considering expansion by buying instant food businesses. On November the 29th, Frank Lin, who is the Chief Financial Officer or Tingyi, announced that the […]
Read moreDecember 5, 2013 7:39 am
US stocks retreated for a fourth day, the longest slump in 10 weeks for the Standard & Poor’s 500 Index, as investors weighed recent economic data for the Federal Reserve to start paring stimulus efforts this month. The S&P 500 lost 0.1% to 1,792.81 at 4 p.m. in New York. The benchmark index hesitated from […]
Read moreDecember 4, 2013 3:04 pm
Takeda Pharmaceutical Co. has more than 230 years of experience, during which the company proved itself not only as one of the oldest, but also one of the most successful Japanese drugmakers. The company also specializes in manufacturing food supplements, chemical products, food, agrochemicals and environment-related products. However, traditions are not what they used to […]
Read moreDecember 4, 2013 1:13 pm
The largest food retailer in the UK – Tesco Plc. has announced that its domestic sales are falling once again due to the overall market slowdown. The sales of the company went 1.5% down during the third quarter of this financial year, and these losses exclude all gasoline and value-added taxes. The spokesmen of the […]
Read moreDecember 4, 2013 10:18 am
At the end of October this year, Nokia won a patent case against HTC in the UK, after a British judge ruled that the company made an infringement of a Nokia patent for technology used for voice transmission and text messages. This will force HTC to withdraw their One Mini smartphone, which is one of […]
Read moreDecember 4, 2013 8:59 am
Novartis AG, which is one of the worlds most successful pharmaceutical and consumer healthcare products manufacturers. The company is based in Basel, Switzerland and specializes in both human and animal health products. These days it became clear that the animal-health business of Novartis is drawing interest from some drug-makers, such as Merck & Co. and […]
Read moreDecember 3, 2013 2:44 pm
Recent market analysis have shown that, after Sony Corp. and Microsoft Corp. have both managed to sell more game consoles in 24 hours than Nintendo Co. did in the last nine months, the chances of Nintendo to meet its profit and justify its sales forecasts sharply decrease. The more family-focused content of Nintendo seems to […]
Read moreDecember 3, 2013 12:41 pm
Daimler AGs Mercedes-Benz has long been second on the luxury car market in the United States, while BMW has occupied the first place among the most successful companies in the business over the last couple of years. However, this year Mercedes-Benz has all the chances of beating BWM and becoming the top-selling luxury-car maker in […]
Read moreDecember 3, 2013 10:09 am
Apple Inc. has recently bought Topsy Labs Inc., which is commonly known as one of the main providers of social-media analytics on Twitter. Topsy is one of the analytics specialists, who deals with checking the frequency which a term is tweeted with, finding and influential person or issue, etc. This is only one of the […]
Read moreDecember 3, 2013 7:35 am
Although the lodging chain Hilton Worldwide Holdings Inc. was bought by Blackstone Group LP in 2007, it now plans to raise its initial public offering in the United States of America to 2.4 billion dollars, which is the highest initial public offering in the history of hotel companies. The McLean, which is one of the […]
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