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Deal close for Fruit of the Loom lingerie business

2015-06-24 11:42:00| Daily apparel & textile news and comment - from just-style.com

French investment firm Perceva has confirmed that it has entered into exclusive negotiations with US apparel manufacturer, Fruit of the Loom, for the acquisition of its loss-making European lingerie business,Vanity Fair Brands Europe (VFBE).

Tags: business close deal fruit

Big oil split over climate-change risk as Paris talks loom

2015-06-08 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: One scene stands out more than any other from the Opec International Energy Seminar last week, which attracted the cream of the global oil industrys executive leadership. When the audience of well over 300 delegates, gathered in Viennas splendid Hofburg Palace, were asked in a show of hands whether they believed that the Paris Climate Conference talks also known as COP 21 and due to be held later this year will achieve a binding agreement to limit global warming to below 2C, no one in the...

Tags: big paris risk oil

Major changes loom for the food industry over next decade

2015-06-03 00:25:40| Food - Topix.net

"Simplifying things as opposed to making things more complex, at least Mars Inc. says it is endorsing proposals by the FDA to list added sugar on labels. The proposals suggest that added sugars should be listed on the Nutritional Facts panels found on candy packaging.

Tags: next major food industry

May Auto Sales Strong, But Payrolls, Greece Loom for Stocks

2015-06-02 22:40:11| Auto Dealers - Topix.net

NEW YORK -- Auto sales for the month of May have come in better than expected, with all top four automakers reporting results ahead of expectations. Notably, pickup sales were strong, and average transaction prices -- particularly for General Motors "It's very bullish for the economy" to see light truck sales come in so strong, Jim Lebenthal, president of Lebenthal Asset Management , said on CNBC ' s "Fast Money Halftime Report."

Tags: auto sales strong greece