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Nestle plans $137m investment in Egypt's food sector

2015-01-20 01:00:00| Food Processing Technology

Swiss multinational food and beverage company Nestle is planning to invest approximately EGP1bn ($137.93m) in Egypt over the next few years to capitalise on growing demand.

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Aviva plans 1,500 job cuts after deal

2015-01-19 17:14:22| BBC News | Business | UK Edition

UK insurance giant Aviva says it plans to cut about 1,500 jobs by the end of 2017, following its acquisition of pensions company Friends Life.

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China: Subaru to postpone plans of local joint-venture production

2015-01-19 13:19:02| Automakers - Topix.net

Fuji Heavy Industries, the parent company of Japanese automaker Subaru has decided to put its plans for localized Chinese production of cars through a joint-venture with partner Chery Automobile on hold for the time being. Fuji was the only global player from Japan that lacked Chinese government approval to start model manufacturing through a joint venture and planned to band together with Chery to build Subaru cars.

Tags: local china production plans

 

Denmark plans to stick with euro peg

2015-01-19 05:17:34| Appliances - Topix.net

Banks in Scandinavia are joining the Danish government in trying to persuade offshore investors that the Nordic country isn't about to copy Switzerland and drop its euro peg. SEB AB, the Nordic region's largest currency trader, said it had been fielding calls from hedge funds wondering whether Denmark might be next after the Swiss National Bank shocked markets by exiting a three-year-old euro cap on January 15. Economy Minister Morten Oestergaard a day later sought to silence doubts surrounding Denmark's currency peg, which he said remained "secure".

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BRM Announces Plans To Attend SHOT Show 2015 (Booth #2828): Flex-Hone For Firearms Tools For Gun Maintenance And Cleaning

2015-01-19 01:59:34| surfacefinishing News Articles

Brush Research Manufacturing (BRM), American-owned supplier of flexible honing tools for firearms maintenance and cleaning, is announcing plans to attend SHOT Show 2015 in Las Vegas.

Tags: show tools plans maintenance

 

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