Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...
Tags: Frozen Products, Chicken
The Bombay High Court in India has revoked the ban on Nestle's Maggi noodles and ordered regulators to undertake fresh tests on the product. This comes a day after the Indian government sued the company to pay $100m in settlment for its ...
Tags: Nestle, Maggi noodles, noodles
Hercules Tire & Rubber Company will call back seven sizes of certain All Trac A/T SUV tires in the US for manufacturing glitches at tread separation. The initiative comes seven months after Michael Cowen of The Cowen Law Group urged the ...
Tags: Rubber Tire, Hercules, SUV
Ascena Retail Group has updated its outlook for the full fiscal ended July 25, 2015 and has said that its adjusted earnings per diluted share will rise between 22 and 25 per cent over its previous outlook. In a press release, Ascena added ...
Tags: apparel and clothing, apparel
US based vehicle remarketing services Cox Automotive has voluntarily pulled out its filing under the Hart-Scott-Rodino Antitrust Improvements Act as amended to provide the US Department of Justice additional time for reassessing the ...
Tags: automobile manufacture, Cox Automotive, auto accessories
The Victorian government banned the sale of powdered alcohol with effect from 1 July 2015, and is urging other States to follow suit, in the wake of a new powdered-alcohol product ‘Palcohol’. The Victorian Minister for ...
Marvel Enterprises will no longer have to pay royalties to Stephen Kimble, the inventor of the Web Blaster. The US Supreme Court has backed a decision that lets Marvel Enterprises out of a deal to pay royalties to Stephen Kimble, the ...
Tags: Marvel Triumphs, Toys
Visitor numbers at FESPA 2015 Global Expo which was held from May 18-22, 2015 grew 17 per cent over the 2013 edition to reach 43,775 visitors, and in the process drew its largest audience ever. According to a FESPA press release, more ...
Tags: Global Expo, FESPA 2015
David Brown Automotive will be launching its Speedback GT officially in the US after a successful launch in Europe in March last year. The company will launch the car at the Quail event that will be held in California in August. Hand ...
Tags: David Brown, Speedback GT
The decision by the Federal Court of Australia to order Coles Supermarkets Australia Pty Ltd (Coles) to pay penalties of $2.5 million for making a claim that its par baked products were “fresh”, is likely to have broad ...
Tags: bakery products, bakery
The Iowa Supreme Court on Friday upheld the complicated formula that Iowa uses to tax natural gas consumption, rejecting a legal challenge brought by the state's powerful ethanol industry. The owners of several ethanol plants argue the ...
Medtronic made no admission of guilt in the settlement with the U.S. Department of Justice, which claimed Medtronic misled the military about the origin of its medical devices. Chris Newmarker Medtronic will pay $4.4 million to settle a ...
Tags: Chris Newmarker, medtech giant, Medicine
Recommendations by Harper Competition Review receive government fanfare but government promises ‘further consultation’ The Australian Government has released the Final Report of the Harper Competition Policy Review, which has ...
Tags: Government, CCA, Food
US based MetaWear has unveiled the first solar and geothermal-powered US operation, providing cutting, sewing, dyeing, and screen printing certified organic cotton t-shirts. MetaWear which uses seaweed-based inks with no toxic inputs, was ...
Tags: MetaWear, Certified Apparel
Income from continuing operations for the second quarter of fiscal 2015 ended January 24, 2015 at garment marketer, Ascena Retail Group, Inc. nosedived when compared with the year ago quarter. “Income from continuing operations for ...
Tags: Q2 Income, Ascena Retail Group, Apparel