Cereal maker Post Holdings is planning to consolidate its ready-to-eat cereal business with MOM Brands, a move that will put around 200 jobs at risk. The new business, Post Consumer Brands, will be moved to Minnesota. The company will ...
Tags: Post Holdings, Cereal
Alipay, which has more than 300 million users in China, said it is working on other biometric technologies, which can make it possible for people to confirm payments for a wide variety of goods and services by winking or simply by showing ...
Tags: Mobile Payment, Apple
China is set to boost local debt swap by admitting municipal bonds as collateral for borrowing. Under the new rule, banks can pledge municipal bonds as collaterals in the central bank's repurchase agreement operations and other liquidity ...
Take the average corn farm in Illinois. From 2010 to 2013, about $1,000 was a reasonable expectation for gross revenue per acre. Since then, the grain markets have tanked, taking with them a good chunk of that revenue potential to the ...
Tags: Corn Gross, grain markets
Italian fashion retailer Benetton said it has contributed an additional $1.1 million to the Rana Plaza Trust Fund, doubling the sum recommended in an independent assessment of its contribution by PwC. “This payment of $1.1 ...
Tags: fashion retailer, Benetton, Apparel
The Karachi Cotton Association (KCA) has opposed the government’s plan to impose sales tax on cotton in the 2015-16 Budget to mobilise PKR 50 billion in revenue, the Pakistani media has reported. KCA chairman Amin Hashwani ...
Tags: Raw Cotton, sales tax, Cotton
Following a test period that started in 2014, Sweden’s ifoodbag has created a carrier bag that keeps goods, such as foodstuffs, frozen and chilled for up to 24 hours. While not yet available on the market, the company says it has ...
Tags: ifoodbag, carrier bag, Frozen bag
The company has developed a sophisticated payment platform, offering instant payment services towards its customers. While having also developed partnerships with many international banks, BTCGaw is able to provide online automatic and ...
Tags: alternative currency markets, system, Lights
UN Secretary-General Ban Ki-moon has called for unified efforts to enhance food safety, ensuring safe production, distribution, and preparation of food. He pointed that the safety threat evolves from new production, distribution and ...
Tags: food safety, safe production
China’s cotton policies will evolve based on continued movement toward a market-driven economy, balancing the interests of Chinese cotton farmers against those of textile manufacturers, disposal of the country’s large cotton ...
Tags: cotton policies, textile, cotton
World Health Day 2015 focuses on food safety The World Health Organisation (WHO) has dedicated World Health Day 2015, which it is celebrating today, 7 April 2015, to highlighting the challenges and opportunities associated with food ...
Tags: food safety, Food production, Food
Recommendations by Harper Competition Review receive government fanfare but government promises ‘further consultation’ The Australian Government has released the Final Report of the Harper Competition Policy Review, which has ...
Tags: Government, CCA, Food
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
As rumoured earlier this month, Apple has officially expanded its Reuse and Recycle program to include handsets running Android, BlackBerry and Windows devices.Previously the firm had only accepted iOS devices to encourage upgrades to the ...
Tags: Apple, iOS devices
At its Investor Day held in Germany, the Adidas Group unveiled its new strategic business plan until the year 2020, which aims at further accelerating growth by significantly increasing brand desirability. “This is expected to ...
Tags: Adidas, new business plan, Adidas Neo