GAIL (India) Limited announced the signing of a Memorandum of Understanding (MOU) with Sumitomo Corporation, Japan (Sumitomo). Under the MOU, GAIL and Sumitomo will pursue business opportunities in natural gas and LNG value chain business ...
Malaysia appears to be steadily approaching the goal of taking its place among the world's developed economies by 2020. However, the nation needs to open up and embrace its ethnic minorities together with international residents and ...
Tags: economic policies
GDF Suez has signed a sales and purchase heads of agreement with Japanese utility Tohoku Electric Power to deliver 270,000 mt/year of LNG over a 20-year period starting in 2018 from the planned Cameron LNG plant in the US, the French ...
Tags: LNG, Tohoku Electric
Japan-based Nitori Holdings Company is set to invest US$ 550 million in Tanzania’s cotton farming and related industries, Daily News Tanzania reported. The Japanese company has secured 40,000 hectares of land for commercial ...
Tags: Cotton Farming, Textile
An Iranian deputy minister of petroleum has said that administration of Hassan Rouhani welcomes Japanese and European firms’ investment in Iran’s oil industry. Speaking to Yomiuri Shimbun, Ali Majedi said that the ...
Tags: investment, mineral, oil
GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash. GlaxoSmithKline is to sell ...
Tags: Agriculture, Food
Some Chinese rare earth permanent magnet firms' accusation of Hitachi Metals, Ltd. of an expired patent will deliver little impact on eight ones that have gained a license from the Japanese firm. Hu Boping, a senior vice president with ...
Tags: rare earth, Metallurgy, Mineral, Energy
“The Ultimate Driving Machine” was Bayerische Motoren Werke’s (BMW.FRA) iconic advertising slogan for years. The German automaker’s exclusive China partner Brilliance Auto (1114.HKG) should swap “driving” ...
Tags: BMW, Ultimate Profit Machine
Japanese firm Ichimasa Kamaboko has established a $36m joint venture in Changzhou National Hi-Tech District (CND), Jiangsu province, China, for the industrial production of soilless culture organic fungus and mushrooms. The JV, which is ...
Tags: Ichimasa Kamaboko, Organic Fungus
Japan-based Fujikura Kasei will exercise its option to licence the midkine (MK) diagnostic technology and will make a JPY40 million ($403,000) payment as milestone fee to Australia-based Cellmid. The companies signed the option to license ...
Japanese Toray Industries has acquired 20% stake in US based carbon fiber reinforced plastics (CFRP) auto parts manufacturer Plasan Carbon Composite (PCC). The move is part of the Japanese firm's plan to expand its automotive carbon fiber ...
US-based Kajima Associates/Architects & Engineers, PC (KA/AEPC) has secured a contract from Japanese firm Yokohama Tire (YTC) to design its new commercial tire manufacturing plant in West Point, Mississippi. Under the deal, the KA/AEPC ...
Despite the bitter patent battles in courts around the world, South Korean giant Samsung is to provide its arch nemesis Apple with screens for its next-gen iPads. Industry insiders told ETnews that Samsung Display will supply Apple with ...
SoftBank has sweetened its bid for Sprint Nextel, increasing its total offer to about US$21.6 billion and boosting the amount of cash Sprint shareholders would get. The Japanese service provider and Sprint announced the amended deal late ...
Tags: SoftBank, Sprint Nextel
Rakuten, Japan's largest online retailer, is acquiring a U.S. logistics firm as it continues to build out its infrastructure to compete with foreign rivals like Amazon.com. The company said Thursday it will acquire Webgistix, which ...