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A collection of news and information related to Consumer Goods Industries published by this site and its partners.

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    Jun 19, 2013 |Story| Reuters
  1. Hong Kong shares set to fall after Bernanke comments, ahead of China flash PMI

    Reuters
    HONG KONG, June 20 (Reuters) - Hong Kong shares could plumb fresh 2013 lows on Thursday, with interest rate-sensitive counters seen under pressure after U.S. Federal Reserve Chairman Ben Bernanke signalled the Fed may begin reducing stimulus later this...

    Tags: Energy Resources, China Unicom Limited, South Korea, Japan, Petroleum Industry

  2. Jun 19, 2013 |Story| Reuters
  3. UPDATE 1-Sony spin-off plan off agenda but looms over shareholder meet

    Reuters
    By Mari Saito TOKYO, June 20 (Reuters) - A proposal by Sony Corp's top investor to partially spin off the Japanese company's lucrative entertainment business will be the elephant in the room at an annual shareholders meeting on Thursday. Daniel Loeb,...

    Tags: Sony Corp., Entertainment, Science and Technology, Japan, South Korea

  4. Jun 19, 2013 |Story| Reuters
  5. Sony spin-off plan off agenda but looms over shareholder meet

    Reuters
    TOKYO (Reuters) - A proposal by Sony Corp's top investor to partially spin off the Japanese company's lucrative entertainment business will be the elephant in the room at an annual shareholders meeting on Thursday. Daniel Loeb, who heads New York-based...

    Tags: Sony Corp., Entertainment, Science and Technology, South Korea, Japan

  6. Jun 19, 2013 |Story| Reuters
  7. FedEx posts higher-than expected profit, will cut more capacity

    Reuters
    (Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday as it cut costs and its U.S. truck business continued to pick up steam. Shares were up 2.3 percent to $101.80 Wednesday afternoon on the New York Stock Exchange while...

    Tags: Morningstar Incorporated, Earnings, UPS Inc., NYSE Euronext, Inc., Thomson Corporation

  8. Jun 19, 2013 |Column| Los Angeles Times
  9. Evgeny Morozov, Internet Cassandra

    In less than a human lifetime, we've come to regard the Internet as an end unto itself, bigger than any of us, even its creators. This makes Evgeny Morozov uneasy, worried that we've opened the gates to a techno-Trojan horse. The Belarus-born cage-rattler just wrapped up two years as a visiting scholar at Stanford, in the belly of the beast, and his new book, "To Save Everything, Click Here," asks us to question the Internet's authority to challenge authority, and our willingness to endow it with virtues and powers beyond our own.
    In less than a human lifetime, we've come to regard the Internet as an end unto itself, bigger than any of us, even its creators. This makes Evgeny Morozov uneasy, worried that we've opened the gates to a techno-Trojan horse. The Belarus-born cage-rattler...

    Tags: Twitter, Inc.

  10. Jun 19, 2013 |Story| Reuters
  11. Sony spin-off plan off the agenda but on the radar at shareholder meeting

    Reuters
    By Mari Saito TOKYO, June 19 (Reuters) - Sony Corp's top investor Daniel Loeb will miss its shareholder meeting on Thursday and those attending will not be considering his proposal to partially spin off the lucrative entertainment business, sources...

    Tags: Entertainment, Sony Corp., Science and Technology, South Korea, Japan

  12. Jun 19, 2013 |Story| Reuters
  13. EU mergers and takeovers (June 19)

    Reuters
    BRUSSELS, June 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- U.S. technology services company IBM's Italian unit to acquire a new company set up...

    Tags: Bulgaria, Restructuring and Recapitalization, IntercontinentalExchange, Inc., Joint Ventures, Silver Lake (Staten Island, New York)

  14. Jun 17, 2013 |Story| Allentown Morning Call
  15. Sure Fit closing Lower Macungie facility, laying off 75

    Sure Fit Inc., the Lehigh Valley slipcover maker that at one time was a rare success story in the struggling U.S. textile industry, will close its Lower Macungie Township distribution center this year, resulting in 75 layoffs. In a notice filed with...

    Tags: U.S. Department of Commerce, Layoffs and Downsizing, Employees, Target, Ernst & Young

  16. Jun 17, 2013 |Story| Reuters
  17. Bangladesh disaster crushes owner's ideal of clothes with a conscience

    Reuters
    By Frank Jack Daniel, Serajul Quadir and Fiona Ortiz SAVAR, Bangladesh/MADRID, June 17 (Reuters) - When Spanish garment maker David Mayor arrived in Bangladesh a decade ago the fashion label he set up had the motto "clothing with a heart". In an...

    Tags: Dhaka (Bangladesh), Plant Openings, Bangladesh, Police Investigations, Local Government

  18. Jun 17, 2013 |Story| Chicago Tribune
  19. Digital hardware supplier Inventables raises $3M in funding

    Chicago startup Inventables, which runs an online hardware store for designers and inventors, said Monday that it has raised $3 million in venture capital.
    Tribune reporter
    Chicago startup Inventables, which runs an online hardware store for designers and inventors, said Monday that it has raised $3 million in venture capital. Established Silicon Valley investor Tim Draper led the round through his firm, Draper Associates....

    Tags: Business, Steve Jobs, Chicago Mayor, Startups, Sales

  20. Jun 17, 2013 |Column| Orlando Sentinel
  21. U.S. techies heading to Latin America

    The exodus of young Latin American entrepreneurs to Silicon Valley and other U.S. technology centers may soon become a two-way street - growing numbers of U.S. techies are heading south to benefit from generous aid packages for high-tech startups....

    Tags: New Products, Argentina, Brazil, IBM, Business

  22. Jun 17, 2013 |Story| Reuters
  23. REUTERS SUMMIT-Ebay CEO confident of getting China payments license

    Reuters
    (For other news from Reuters Global Technology Summit, click on http://www.reuters.com/summit/Tech13) By Alistair Barr SAN FRANCISCO, June 17 (Reuters) - Ebay Inc will become the first foreign company to secure a financial payments license in China, CEO...

    Tags: Computing and Information Technology Industry, PayPal, Inc., China, Computer Networking and Internet, Computer Crime

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