EU Commission clears acquisition of joint control of Bayport Polymers by Borealis, Nova and Total

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over the joint venture Bayport Polymers LLC, by NOVA Chemicals Inc, Total Petrochemicals & Refining, all three of the US, and Borealis AGof Austria. The joint venture will be active in the production and marketing of polyethylene. NOVA Chemicals produces … More EU Commission clears acquisition of joint control of Bayport Polymers by Borealis, Nova and Total

Lenzing Group achieves best full-year results in its history

Revenue increased by 5.9 percent to EUR 2.26 bn EBITDA up 17.3 percent to EUR 502.5 million Dividend proposal of EUR 3.00/share plus a special dividend of EUR 2.00/share New brand strategy to generate a strong message to consumers Limited visibility for coming quarters In 2017, the Lenzing Group reports its best financial performance ever … More Lenzing Group achieves best full-year results in its history

Is This the Start of Better Airport Shopping in the U.S.?

By Guest Author Scott McCartney from Wall Street Journal Here is a little secret about airport shopping: You don’t have to hold an international ticket anymore to buy at many duty-free shops. And another: It actually can be a pretty good deal. In the age of online shopping, retailers are finding that airports can take … More Is This the Start of Better Airport Shopping in the U.S.?

Zara to lure millennials with augmented-reality displays

Zara, the fashion chain owned by the world’s biggest clothing retailer Inditex (ITX.MC), will introduce augmented reality displays from April, it said on Tuesday, in an effort to lure millennials into its stores Clothing retailers are having to invest in memorable product demonstrations and store-specific content to attract customers in their twenties and early thirties, … More Zara to lure millennials with augmented-reality displays