Indonesia's Indofood Sukses Makmur (Indofood) has increased its stake in Singapore-listed vegetable processor China Minzhong Food (CMFC) to more than 50%, through direct market purchases. Earlier this week, Indofood launched a mandatory ...
Tags: Indofood, Minzhong Food
American Family Insurance has inked an acquisition agreement to purchase direct homeowners insurer Homesite Group for approximately $616m. Headquartered in Boston, Homesite is a direct writer of homeowners, renters and condominium ...
Tags: Insurance, Homesite Group
SCOR Global Life Americas (SGLA), a reinsurance solutions provider, has appointed Scott Boug as senior vice president for Financial Solutions and deputy head of SCOR Global Life Financial Solutions. Scott will lead the structuring ...
Esko has announced its plans to acquire the US-based CAPE Systems, which provides software solutions for packaging design, pallet load optimization and supply chain profitability. Esko president and CEO Carsten Knudsen said the addition ...
Tags: CAPE Systems, Esko
Swedish biotechnology firm Karo Bio (KARO) has achieved its first milestone in a research agreement with Pfizer for the development of drugs for treatment of autoimmune diseases. The achievement of milestone in the RORgamma project ...
Japanese drugmaker Otsuka Pharmaceutical has agreed to acquire Astex Pharmaceuticals for $866m in an all-cash tender offer. Under the deal, Astex's fragment-based drug design technology called 'PYRAMID' will be integrated into Otsuka, ...
Printing and packaging papers manufacturer FutureMark Paper Group has introduced its new high-recycled, coated digital inkjet paper under the brand name Future Jet. The new digital inkjet paper is said to be compatible with dye as well as ...
Tags: Digital Inkjet Paper, FutureMark
The US Food and Drug Administration (FDA) has accepted for review the complete response submission made by Endo Health Solutions' subsidiary Endo Pharmaceuticals to the new drug application (NDA) for its testosterone undecanoate injection ...
Tags: Aveed Injection, Medicine
Drink Chia!, an omega-3 superfood chia seed beverage, is set to be launched at all 622 Vitamin Shoppe stores across the US, Puerto Rico and Ontario. The company stated that Drink Chia! contains less calories and sugar and offers benefits, ...
Tags: beverage, sugary drinks
Peru’s National Superintendent of Customs and Tax Administration (SUNAT) has announced that it would strengthen monitoring and control actions to identify importers seeking to enter textiles and garments into the country at ...
Tags: Textile Imports
The futures market cooled off further this week, as speculators and the trade continued to reduce their respective positions in the December contract. The spot month has now lost over 46’000 contracts in open interest since it peaked ...
Tags: Cotton Futures, Textile
Argentina’s Minister of Science, Technology and Innovation, Lino Baranao, presented a model for development of a textile value chain for processing of guanaco fibre in Malargue city of Mendoza province. The model aims at ...
Tags: Textile Fibre
Indian consumers are more conservative than their western counter parts so there is an increase in footfalls for intimate wear in the country’s e-commerce platform mainly due to the privacy provided by it. According to industry ...
Tags: Lingerie, E-Commerce
Japan Exlan Co., Ltd is a Toyobo Group company engaged in manufacturing and marketing EXLAN acrylic fibers and acrylate fiber materials. In the aim of developing a business in the European market, Japan Exlan will be participating at the ...
Tags: Acrylic Fibre, Textile
ZEAL Optics announced the release of the world’s first cotton biodegradable sunglass, the Ace. Designed in Boulder, Colorado and crafted by the renowned Italian powerhouse, Mazzucchelli, the Ace is a revolution in sustainable eyewear. ...
Tags: ZEAL Optics, Sunglasses