JAKARTA, Indonesia— There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Yes, at least in Indonesia, if not worldwide. The furniture giant, founded in Sweden in 1943, has lost a trademark dispute in Indonesia after the country's highest court agreed the IKEA name was owned by a local company.» Read More
Wang Guisheng, CFO of Man Wah Holdings, discusses strong HY2016 profits and the outlook for its U.S. business growth.
Intel keeps security in mind as it develops 'smart' homes as research firms warn of potential threat from hackers and other malicious actors.
Oct 7- General Electric Co said on Wednesday it had started a company to focus on energy efficiency to help corporate and other customers lower their energy bills and better manage power distribution. The company, which will be run by Maryrose Sylvester, who has been president of GE Lighting, will begin with $1 billion in revenue, and is expected to grow to $5...
NEW YORK, Sept 25- Early in August, a call came into Sysco Corp from Trian Fund Management LP, warning the food distributor that the activist hedge fund was about to disclose a large stake in the company. Trian, run by veteran investor Nelson Peltz, unveiled its 7.1 stake in Sysco on Aug. 14, and asked for board representation and for the Houston- based company to improve...
*Nigeria imposes forex controls, bans import of 680 items. Many items on the central bank list- ranging from incense and toothpicks to plywood, glass and steel products-- are not available in Nigeria in sufficient volumes. While Nigeria grows a lot of tomatoes, transport is poor and it lacks facilities to produce the concentrate needed by factories making tomato...
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