French agricultural co-operative Terrena and oilseed investment firm Sofiproteol are in talks to acquire a controlling stake in poultry exporter Doux. If these talks succeed, Terrena will acquire 52.5% stake in Doux from D&P ...
Tags: Poultry Exporter, Doux, food service
A tough stance taken by regulatory authorities in the US on safety issues with vehicles can push up car prices, ushering in a new state-industry equation. Observing this, Fiat Chrysler Automobiles CEO Sergio Marchionne told Reuters that ...
Taiwan has imposed stricter regulations on Japanese food imports from the regions affected by the 2011 Fukushima nuclear disaster. The restrictions, which are in line with radiation safety management practices, will be temporary, Reuters ...
Tags: Food Imports, stricter regulations
South Korean automobile major Hyundai is considering a third factory in India, highlighting the growing importance accorded to the Indian market. Hyundai Motor Group's chairman Mong-Koo Chung who recently met Indian prime minister ...
Tags: Hyundai, automobile major, Indian market
A new strain of bird flu, which originated in the Western US and infected several commercial chicken and turkey farms, has spread to Indiana, according to the US Department of Agriculture. A backyard poultry flock in Indiana was tested ...
Tags: bird flu, commercial chicken, turkey
Swiss agribusiness Syngenta has rejected $45bn acquisition offer from global seed technology major Monsanto for the second time citing unfavorable terms for shareholders. If the proposed deal advances, an industry leader with combined ...
Tags: Syngenta, agribusiness
General Motors is planning to capture 5% of the car market in India as it expects the annual sales in the country to rise to eight million vehicles by 2025. The Detroit based automaker aims to make India the new global manufacturing and ...
Tags: General Motors, car market
Delphi Automotive is reportedly looking to pursue acquisitions this year with investment of up to $3bn. The announcement comes alongside the company's results for the first quarter. Delphi Automotive CEO Kevin Clark was quoted by ...
Tags: Delphi Automotive, wire harnesses
China's market regulators are investigating foreign medical-equipment makers over suspicion that they may have paid bribes or used illegal strategies to achieve market dominance, according to some people familiar with the matter. ...
US based grain-handling and food-processing firm Archer Daniels Midland (ADM) is set to add soybean crushing capability at its plant at Enderlin, North Dakota and Windsor, Ontario. The plant currently has the ability to process canola ...
The Indian Government has promised to push tobacco companies to manufacture packaging with bigger health warnings soon. The Union Minister of Health and Family Welfare JP Nadda assured the Lok Sabha that the government would go ahead ...
Tags: tobacco packaging, Packaging
French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...
Tags: Processed Foods, BRF
Global beverage giant Coca-Cola Company has agreed to acquire multi-grain drink China Culiangwang Beverages for $400m including debt, to boost its sales in the Chinese market. This is Coke's first acquisition in China since its ...
General Motors (GM) and SAIC Motor’s joint venture, Shanghai GM is planning to invest CNY100bn ($16bn) over the next five years, to develop new vehicles. The automaker intends to develop ten new or upgraded models each year until ...
Tags: General Motors, SAIC Motor, new vehicles