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Materials and Metals Containers and Packaging

  • WestRock's specialty closures and dispensing systems business supplies pumps, sprayers and other dispensing closure equipment to consumer goods product companies in the home, health and beauty markets and operates a network of 13 plants across North America, Europe, South America and Asia.

  • TORONTO, Dec 21- Canada's main stock index edged higher on Wednesday for the fifth consecutive session, helped by industrial stocks such as construction company SNC-Lavalin, which jumped after winning an oil sands service contract. It said a subsidiary was part of a joint venture that won a five-year deal to supply engineering and procurement services to an...

  • TORONTO, Dec 21- Canada's main stock index rose in morning trade on Wednesday, its fifth minor gain in a row, helped by rising energy and industrial stocks, with construction company SNC-Lavalin jumping after winning an oil sands service contract. It said its subsidiary is part of a joint venture that won a five-year deal to supply engineering and procurement...

  • PARIS, Dec 21- France's BNP Paribas said it had processed its first live payments in various currencies for two corporate clients via blockchain technology, in a further sign of the growing importance of the new technology for major banks. BNP Paribas said it had processed and cleared payments in various currencies between BNP Paribas bank accounts located in...

  • TORONTO, Dec 20- Canada's main stock index rose for the fourth straight day on Tuesday, clawing back much of its losses after the Federal Reserve raised U.S. interest rates, as gains for financials and materials offset losses for defensive sectors. The Toronto Stock Exchange's S&P/TSX composite index closed up 23.11 points, or 0.15 percent, at 15,292.96.

  • TORONTO, Dec 20- Canada's main stock index rose for the fourth straight day on Tuesday, led by the financial and energy groups as oil and bond yields climbed, while shares of BlackBerry Ltd advanced after the company posted better-than-expected earnings. The Canadian smartphone pioneer, which has gone through a wrenching transition in recent years, reported...

  • Dec 20- Canadian label and packaging maker CCL Industries Inc said it would buy Innovia Group, which supplies the new UK plastic five pound note that has fallen foul of vegetarians, for around C $1.13 billion. Britain is one of the largest economies to adopt plastic banknotes and they are already in circulation in Canada, Mexico, New Zealand and Australia.

  • Dec 19- Canadian label and packaging maker CCL Industries Inc said it would buy Innovia Group, whose unit is the supplier of Bank of England's new plastic five pound note that has fallen foul with vegetarians, for about C $1.13 billion. U.K.- based Innovia Group is a maker of specialty bi-axially oriented polypropylene films used for labels, packaging and security...

  • Dec 19- Canadian label and packaging maker CCL Industries Inc said on Monday it would acquire U.K.- based Innovia Group of companies for about C $1.13 billion.

  • ADDISON, Ill., Dec 14- In an unassuming building in the Chicago suburb of Addison, United Parcel Service Inc engineers design custom boxes for retailers as part of a joint effort to tackle a vexing issue: the high cost of delivering e-commerce packages. Online retail sales are expected to reach $392.5 billion this year, according to research firm eMarketer, but with...

  • 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...