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China’s ZTE rebuffs America’s spying allegations
Tech

China’s ZTE rebuffs America’s spying allegations

China’s mobile phone and telecom equipment maker, ZTE, has hit back at allegations from US government officials that the company uses its presence in the country to spy for China. Chinese state news agency Xinhua cited a company representative as stating: “ZTE is proud of the innovation and security of […]

AkzoNobel opens a EUR9 million plant in India
Global

AkzoNobel opens a EUR9 million plant in India

AkzoNobel has opened a new €9 million facility for the production of powder coatings. Located in Thane, Mumbai, the plant is the company’s sixth production site in India. Speaking at the inauguration ceremony, AkzoNobel CEO, Thierry Vanlancker, said: “India continues to be a high growth market for us and the […]

Nestle to sell off Gerber Life Insurance business
Global

Nestle to sell off Gerber Life Insurance business

In its latest update, Swiss foods giant, Nestle, Gerber Life Insurance business as a strategic option. The Gerber Life Insurance business was part of the Gerber acquisition from Novartis in 2007. After a disappointing result for 2016, Nestle said it recorded a stronger sales volume for the full year period […]