Subscribe to industry newsletters



SOUTH AFRICA

Puratos Group to become equal shareholder in Bidcorp Food Africa

The Puratos Group, a Belgian based company is to become an equal shareholder in Bidcorp Food's Bakery Solutions Division (BBS)...

9 Dec 2016

SOUTH AFRICA

Truck cartel to get heavy EU fine for price rigging: sources

BRUSSELS - EU regulators are set to imposed a record fine this week on several of Europe's biggest truck-makers that are accused of colluding to rig higher prices, sources close to the matter told AFP...

19 Jul 2016

BELGIUM

Apple's "sweet" tax deal with Ireland being scrutinised

BRUSSELS, BELGIUM: The prospect of the European Union accusing Apple of getting illegal tax breaks in Ireland has reopened a debate on how European countries attract multinational businesses. It has also put Dublin back in the spotlight.

1 Oct 2014

BELGIUM

Samsung, Philips and Infineon fined for cartel

BRUSSELS, BELGIUM: The European Commission has fined Infineon, Philips and Samsung a total of €138m for forming a smartcard chip cartel in Europe in its latest anti-trust case against technology firms.

4 Sep 2014

BELGIUM

Europe's manufacturing sector posts highest growth in 31 months

BRUSSELS, BELGIUM - Business activity in the eurozone posted its strongest growth in 31 months in a fresh sign of recovery although France remained subdued, a key survey showed.

3 Jan 2014

BELGIUM

AB InBev reports better than expected third quarter

BRUSSELS, BELGIUM: The world's largest brewer AB InBev reported better-than-expected third-quarter results despite unfavourable macroeconomic conditions that undermined sales, notably in Brazil and the United States.

4 Nov 2013

BELGIUM

EU seeks public comment on Samsung anti-trust remedies

BRUSSELS, BELGIUM - The European Commission called a public review on the remedies offered by South Korean electronics company Samsung concerning allegations it has abused its dominant market position in its fight with Apple.

18 Oct 2013

BELGIUM

Beer taps open on AB InBev's profits

BRUSSELS, BELGIUM: The world's largest brewer AB InBev reported on Wednesday (31 July) better-than-expected second-quarter results, sending its shares price sharply as it benefited from its acquisition of the Corona beer brand in Mexico.

1 Aug 2013

BELGIUM

Belgium chocolates are changing

BRUSSELS, BELGIUM: Belgium is rightly proud of its status as a producer of some of the world's finest chocolate but changing tastes and new markets in Asia and the Arab world are shaking up its chocolate production.

31 Dec 2012

GERMANY

Demand for smartphones higher than ever before in Europe

NUREMBURG, GERMANY: In 2011, demand for mobile phones once again increased in Europe, largely as a result of the rising popularity of smartphones. According to GfK, 3.2% more mobile phones were sold in 2011, in particular the sales of smartphones increased by 67%.

15 Feb 2012

UNITED KINGDOM

Renewable M&As market rallies

LONDON, UK: North America's switch on to energy efficiency has driven their position in the global renewable M&A market in the last 12 months, and could act as a driver for the region to become the dominant renewables market within three years, according to new analysis by PwC. In Europe, however, regulatory uncertainty clouds European deals.

29 Mar 2011

UNITED STATES

Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.

27 Jan 2011