Hindustan Unilever Limited (HUL)has decided to withdraw its Chinese range of instant noodles over pending product approval. HUL follows a strict quality management system and regularly monitors products for compliance to regulations. ...
Tags: Instant Noodles, HUL
Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco
With the European Union (EU) deciding to remove three China-based PV module makers from the Minimum Import Price (MIP) framework for suspected circumvention of minimum import pricing and import quotas set in 2013, other China-based PV ...
Tags: PV Module, solar cell
The US International Trade Commission (ITC) has judged that imported PV products from China and Taiwan have been substantially detrimental to the US PV industry and consequently, about 70% of Taiwan-based crystalline silicon solar cell ...
Tags: PV Makers, solar cell, Lights
Thailand based and global fibres and petrochemicals producer, Indorama Ventures (IVL) is pulling out of an agreement to acquire SASA Polyester Sanayi AS (SASA) in Turkey. In a Thailand stock exchange filing, Indorama said both sides have ...
Tags: DMT, staple fibers, filament yarns, Textile
Egyptian cake and biscuit maker Bisco Misr's shareholders controlling 86% of shares have agreed to divest their shares to US-based food manufacturing company Kellogg, in a $125m deal. The Reuters reported that bidding for the biscuit ...
Tags: biscuits, wafers, corn flakes, Agriculture
Private equity investing firm Abraaj Group has decided to withdraw from the bidding process for the acquisition of Egypt's BiscoMisr. The company had offered $12.14 per share to purchase up to 100% of the share capital of Egyptian cake ...
Tags: Egyptian cake, biscuit maker, Agriculture
The likelihood of tighter European Union regulations on air emissions being imposed on the European coatings and other industries has been receding as the EU gives top priority to economic growth at a time when many of the region’s ...
Tags: IAQ labelling system, volatile organic compounds, Construction
Holle Baby Food is recalling all batches of certain Holle branded and Lebenswert branded baby foods from across the UK as they may contain atropine and scopolamine, according to the UK Food Standards Agency (FSA). The products associated ...
Indian online retailers may soon come under the surveillance of the Consumer Protection Law, following complaints for alleged unfair business practices, according to a cabinet proposal put forward by the consumer affairs department, ...
Tags: Consumer Protection Law, Consumer Protection Authority, Apparel
Samsung Electronics will reportedly withdraw from the global LED lighting market due to low-price pressure from China-based makers, while Taiwan-based TSMC Solid State Lighting will reportedly cease operations, according to industry ...
Tags: LED Lighting, Samsung, Lighting
HONOLULU – The U.S. Environmental Protection Agency and the U.S. Department of Justice announced an agreement as part of a Federal District court order today with the Commonwealth Utilities Corporation (CUC) and the Commonwealth of ...
A British watchmaker has called time on the Swiss domination of the luxury timepiece industry. Christopher Ward, founded by Mike France, Peter Ellis and Chris Ward, has created a brand new, British-owned watch movement, breaking away ...
Tags: Swiss Watch, Watch
A Pakistan cotton ginners trade body has demanded that cotton farmers be assured a government support price to stop their exploitation by textile mills. At a press conference, office bearers of the Pakistan Cotton Ginners Association ...
Tags: Support Price, Body, Textile
A Pakistan cotton ginners trade body has demanded that cotton farmers be assured a government support price to stop their exploitation by textile mills. At a press conference, office bearers of the Pakistan Cotton Ginners Association ...
Tags: Body, support price, Textile