Day: August 14, 2023

Gordon Brothers Acquires Telefunken

Boston, Aug. 14, 2023 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory and investment firm, has acquired the global consumer electronics brand Telefunken. Based in Frankfurt, Germany, Telefunken has become one of the leading names in the electronics sector with a diverse portfolio of products ranging from video, e-mobility, domestic

Exor becomes a long-term investor in Philips supporting the company’s strategy

August 14, 2023 Joint announcement from Philips and Exor Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, announce they have entered into a relationship agreement as a result of which Exor has

Drought pushes up wholesale prices of rice in Thailand

Drought has pushed up the wholesale prices of rice in Thailand, said the country’s Ministry of Commerce.As of August 4, the price of jasmine rice ranged from 14,500-16,000 THB (422-453 USD) per tonne while that of glutinous rice and Pathum Thani fragr…

Vietnam’s automobile sales slightly grow in July

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 24,687 vehicles in July, up 4% month-on-month, VAMA reported on August 14.Meanwhile, the June figure was 23,800, up 15% from the previous month.Of the vehicles sold last month, th…