2 Sisters Food Group is reportedly negotiating to sell its Fox's Biscuits unit to Burton's Biscuits, which is owned by Ontario Teachers' Pension Plan. The sale, which is being advised by Rothschild could bring the valuation of 2 Sisters ...
Tags: 2 Sisters Food, Biscuits
Ningbo Joyson, a Chinese company that produces automotive and industrial electronics equipment has acquired US based airbag maker Key Safety Systems (KSS) for $920m. KSS is a Michigan-based engineering safety products supplier of ...
Tags: airbag, Ningbo Joyson
Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
The Chinese government is taking absolutely adequate measures to handle slowing economic growth and an increase of certain imbalances, a leading Russian expert has said, commenting on China's key economic meeting held last weekend. "What ...
Osram’s transformation is making further progress: the company has agreed to sell its 13.5% stake in the Chinese company Foshan Electrical and Lighting (Felco) to a subsidiary of Guangdong Rising Assets Management With this move, ...
Shooting for A Pension Plan, a movie based on Chinese-American author Ha Jin's story of the same name, began in northern Beijing on Tuesday. Filming for the movie is scheduled to be completed in late October. The film, based on the ...
Tags: movie, Ha Jin's story
Father Francis Li Jianlin has been looking for investment opportunities and health insurance in his spare time, spurred on by a feeling of responsibility for the priests and nuns in his Catholic diocese in Xinxiang, Henan province. ...
Sonoco, one of the largest diversified global packaging companies, today reported consolidated financial results for its third quarter, ending 27 September 2015. Sonoco president and CEO Jack Sanders said: "We are encouraged by the ...
Distinguished Minister Pritzker, Ambassador Froman, Ambassador Dard, Ladies and Gentleman: It is my great pleasure to get together with you in the beautiful city of Chicago and jointly attend the Sino-U.S. Commercial Relations Forum. On ...
Tags: Sino-U.S.Economic Partnership, trade and economic fields, promote reform
China on Wednesday announced measures to improve the living standards of retired soldiers through pension reforms. The proposed amendments to the veteran pension system have been approved by the State Council and the Central Military ...
Tags: Pension System, Veterans
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
Magna International has inked a pact to purchase automotive transmissions supplier Getrag Group of Companies (Getrag) in a deal valued at 1.75bn Eur. Likely to close by this year-end, the transaction for the 100% equity incorporates ...
Tags: automobile manufacture, company acquision, Getrag Group
The grocer is predicted to unveil a loss of up to £5bn in its full year results this Wednesday. Tesco is expected to reveal its worst results in history with full-year results unveiling a loss of £5bn on Wednesday. It is ...
Tags: Tesco, Tesco grocer
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...