JAC Motors remains the industry’s sales champion, having sold 300,000 S3s during the last 20 months. The S3 has set several records since its launch, from achieving a breakthrough of 10,000 units in its first month, to overtaking ...
Tags: JAC Motors, engine
General Motors (GM) has announced a recall of more than one million pickup trucks due to a seat belt flaw. The company said the recall of the 2014-15 Chevrolet Silverado and GMC Sierra 1500 pickups is not linked to any crashes, injuries ...
Tags: GM, General Motors, Pickup trucks
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
Austrian packaging firm Alpla Group has agreed to acquire a majority stake in Egypt-based Taba Group to expand operations in Africa and the Middle East. Both firms have signed a partnership agreement to form a joint venture, which will ...
Tags: Alpla, Taba Group, Aquisition
WASHINGTON (FERN's Ag Insider) - This week, the Bill & Melinda Gates Foundation announced a $24 million grant to Cornell University, funding a global wheat research group, known as Delivering Genetic Gain in Wheat. The aim is to develop new ...
Tags: Stem-Rust Disease, Wheat
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D
Global food commodities trader Bunge still intends to complete the delivery of a rejected French wheat cargo to Egypt even as it has begun legal proceedings against the latter's grain importing authority. Bunge has initiated the legal ...
China Containers(HS:8609)Major Export Countries/Regions, from Jan. to Dec. 2014(Listed by Export Value) No. Country/Region In Total Compared to the Same Period of Last Year ...
Tags: Containers, Tractors, Motor Vehicles
South Korea has stalled the imports of US poultry and poultry meat following new cases of bird flu. This ban comes just two months after the Asian country resumed the shipments. However, imports of poultry meat treated with heat are not ...
Tags: US Poultry, Bird Flu
Russia and Egypt signed an agreement on Thursday for Russia to build a nuclear power plant in Egypt. Egyptian President Abdel Fattah al-Sisi said the project would involve the building of a 'third-generation' plant with four reactors. ...
Tags: Nuclear Power Plant
China's new counter-terrorism law has made it legal for the People's Liberation Army (PLA) to participate in counterterror missions overseas. The PLA and the country's armed police forces may carry out such operations with the approval ...
Blumberg Grain, a US-based food security company, opened its command and control center, as part of the government of Egypt's Shouna Development Project. The launch, which was attended by VIP guests and dignitaries, took place onsite at ...
Tags: Blumberg Grain, a US-based food security company, Agriculture
Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
Throughout 2015, the world has watched with great interest the development of China-U.S. relations, as many believe almost every interaction between the world's top two economies has a bearing on all major global issues. Here are some ...
Tags: China-U.S.Relations
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...