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Materials and Metals Containers and Packaging

  • Rise of drone deliveries

    Deutsche Post DHL Group CEO, Frank Appel believes delivery drones will likely remain part of a niche market, while looking at the “huge opportunity” of digitalization.

  • Deutsche Post gears up for holiday deliveries demand

    Deutsche Post DHL Group CEO, Frank Appel talks about the firm’s business operations ahead of the Christmas holiday, while commenting on the e-commerce shift.

  • OPEC agreed to cut production to 32.5 million barrels per day, Kuwait's oil minister said. "OPEC has confounded the naysayers and critics with an output freeze... There are a few doubts, but on the whole OPEC should be pleased with a job well done at long last.

  • *FTSE 100 up 0.2 pct. *Energy sector biggest riser as oil soars on OPEC deal. On Wednesday, however, the FTSE's oil and gas index rose 4.1 percent after the price of oil shot up as members of OPEC, the oil producers' cartel, agreed to trim output for the first time since 2008 in a last-ditch bid to support prices.

  • *FTSE 100 up 0.1 pct. LONDON, Nov 30- Britain's top share index rose slightly on Wednesday, led by rebounding energy stocks as oil prices jumped after a deal to curb global oversupply, though banking stocks slipped after Royal Bank of Scotland failed a stress test. The FTSE's oil and gas index rose 4.1 percent after oil prices shot up more than 8 percent as some of the...

  • LONDON, Nov 30- A UK court has dismissed an appeal brought by some of Britain's largest tobacco companies over the government's new plain packaging rules. In its decision handed down on Wednesday, the court dismissed all appeals brought by British American Tobacco, Japan Tobacco, Imperial Brands and several paper manufacturers. "This is a victory for public...

  • *FTSE 100 up 0.3 pct. LONDON, Nov 30- Britain's top share index rose on Wednesday, led by rebounding energy stocks as oil prices jumped on hopes of a deal to curb global oversupply, though banking stocks slipped after Royal Bank of Scotland failed a stress test. The FTSE's oil and gas index rose 2.8 percent after the price of oil shot up on a comment by an Iraqi delegate...

  • LONDON, Nov 30- European shares climbed to a three-week high on Wednesday, staying on track to end the month in positive territory, with energy stocks racing higher on expectations of a deal to cut crude oil production to tackle oversupply. The European oil and gas index rose 2 percent as oil prices surged more than 5 percent after an Iraqi delegate said that some...

  • FRANKFURT, Nov 18- U.S. packaging group Westrock has put a unit making soap dispensers and perfume sprayers up for sale in a potential $1 billion deal, as it seeks to streamline its portfolio after a recent merger, three people close to the matter said. The Westrock unit- dubbed a home, health and beauty business- posted earnings before interest, taxes, depreciation...

  • PARIS, Nov 17- Private equity firm Ardian said on Thursday it had entered exclusive talks with Equistone Partners to buy the fund's controlling stake in Unither Pharmaceuticals, a medical packaging manufacturer. Unither, founded in 1993, has sales of more than 250 million euros and employs more than 1,200 staff. Healthcare has been a key area for merger and...

  • STORA ENSO SAYS MARKET OUTLOOK FOR FOOD PACKAGING IN CHINA REMAINS VERY GOOD DESPITE GDP SLOWDOWN.

  • STORA ENSO CEO SAYS CLOSE TO SIGNING FIRST CONTRACTS FOR FSB, CKB FOOD PACKAGING BOARD GRADES AT NEW CHINA MILL.

  • STOCKHOLM, Nov 17- Finnish pulp, paper and board maker Stora Enso expects to sign its first orders for food packaging boards from a new mill in China shortly and is not concerned by slowing Chinese growth, its chief executive told Reuters. Chief Executive Karl-Henrik Sundstrom said he was confident the new 800- million euro consumer board factory in Beihai, China...

  • SHANGHAI, Nov 10- Chinese packaging makers are bracing themselves for Singles' Day on Friday, stocking up on cardboard and taking on staff ahead of an online shopping bonanza that shifts more goods than Black Friday and Cyber Monday in the United States combined. More packagers have emerged in answer to China's e-commerce boom which began around 2010,...

  • WASHINGTON, Nov 7- Valeant Pharmaceuticals, which owns eye care products maker Bausch& Lomb, has agreed to sell Paragon Holdings to settle allegations that its acquisition of the smaller company was illegal under antitrust law, the Federal Trade Commission said on Monday. Laval, Quebec- based Valeant has seen its stock price plunge since mid-2015 amid criticism...

  • WASHINGTON, Nov 7- Valeant Pharmaceuticals, which owns Bausch& Lomb, has agreed to sell Paragon Holdings to settle allegations that its acquisition of the smaller company was illegal under antitrust law, the Federal Trade Commission said on Monday. The business will be sold to a new company, Paragon Companies LLC, headed by Paragon's former president.

  • Future of deliveries isn’t only fast, but flexible: Stuart

    Stuart’s U.K. Manager, David Saenz explains why consumers are opting for convenience over cost as we move towards a digital age.

  • China's second largest delivery provider goes public

    Chinese package delivery firm, ZTO Express announced that it had raised $1.4 billion in the biggest U.S. initial public offering of 2016 on Wednesday. CNBC’s Eunice Yoon reports.

  • NEW YORK, Oct 12- Samsung Electronics Co Ltd said it was sending fireproof packaging and gloves to customers who bought the Galaxy Note 7 phone on its website, so they could safely return the devices after a recall and reports that some replacement phones went up in flames. In the United States, customers should use the U.S. Postal Service and UPS shipping services...

  • Hanjin has funds to unload ships

    CNBC's Morgan Brennan reports the latest on the shipping crunch caused by Hanjin declaring bankruptcy.