Bournemouth-based retailer Beales has secured a rescue package in the form of a CVA, which will see rent cut at 11 of its 29 stores, reports The Guardian. In a process similar to that which took place at BHS earlier this week, Beales' ...
Tags: Beales, CVA, Rescue package
US-based food company General Mills is planning to expand its cereal manufacturing facility at Albuquerque, New Mexico, for $80m. The company has applied for $80m industrial revenue bond (IRB) from Bernalillo County to expand the ...
Tags: General Mills, Albuquerque, IRB
The US Senate has stalled a bill which would have eliminated state by state laws requiring food manufacturers to label products made with genetically modified organisms (GMOs), ahead of Vermont’s law coming into effect from July. ...
Tags: US Senate, GMO, Food manufactures, Label products
REI reported sales reached a record $2.4 billion in 2015 after a second consecutive year of nearly double-digit growth. Sales increased 9.3 percent from $2.2 billion in 2014, or 11 percent when adjusting for an extra 53-week of sales ...
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has announced the completion of the tender offer for all outstanding shares of its common stock (for $0.85 per share in cash) by the acquisition ...
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
Alcohol Justice and the California Alcohol Policy Alliance (CAPA) are reporting that the first of two proposed bills to ban powdered alcohol in California has been passed by the powerful California Senate Governmental Organization (GO) ...
Tags: Powdered Alcohol, CAPA, GO, SB819
M&M'S Milk Chocolate Candies are the people's chocolate. Since March 3, 1941, it is the fans who have made M&M'S the most popular chocolate candies on earth. To celebrate their anniversary, M&M'S is bringing the celebration to their fans - ...
Tags: M&M'S, Milk Chocolate Candies, Celebration
The US Senate Agricultural Committee has passed a bill which paves the way for a single national labeling law for food made with genetically engineered ingredients, while doing away with state by state labeling. With this bill, which ...
UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
China and Nepal pledged to expand cooperation, as Chinese Vice President Li Yuanchao met with visiting Nepalese Deputy Prime Minister Kamal Thapa Thursday in Beijing. China is willing to expand cooperation in connectivity, energy, ...
Tags: Cooperation, Nepal
China has the third largest IMF quota and voting share after the United States and Japan since the IMF reform plan being ratified by the U.S. Congress last week. [Photo: finance.sina.com.cn] Emerging powers like China, India, and Brazil ...
Tags: IMF quota, Emerging Economies
Miss Universe 2015 host Steve Harvey has made an apology for saying the wrong name when announcing the winner on air. Harvey says it was his mistake and that he takes full responsibility. He later wrote on his Twitter account that he ...
Tags: Miss Universe, wrong name
A participant writes Chinese character "biang" during a Writing "Biang" event held in Xi'an, capital of Northwest China's Shaanxi province, April 13, 2014. Voting for The Chinese Character and Chinese Word of the Year 2015 launched on Nov ...
A new television production of The Legend of the Condor Heroes is coming. [Photo provided to China Daily] A new TV version of The Legend of the Condor Heroes (Shediao Yingxiong Zhuan) is set to be made to attract a young audience. The ...