Thailand's crude oil, condensate and natural gas production increased in the first 10 months of 2013 compared with the same period of 2012, but the growth rate has slowed considerably, according to the latest energy ministry data. Crude ...
Tags: Oil, Gas Output
San Miguel Pure Foods (SMPFC), the food division of Philippine conglomerate San Miguel, has selected IBM to help transform its IT organization and become a smarter enterprise. Under the five-year deal, IBM will optimize SMPFC's IT ...
Tags: San Miguel, Pure Foods
After seeing its revenue fall over the past years, Boston Scientific is looking to boost its bottom line in China. The company is adding employees in China and is debuting surgeon-training centers there, according to a Wall Street Journal ...
Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to announce that its partner, Red Leaf Resources Inc. ("Red Leaf"), reported that it has cleared a major regulatory hurdle and will soon launch the ...
International conglomerate The 3M Company and nanotech startup Cambrios Technologies jointly announced this week that 3M would be marketing a suite of products that will be based on conductors made from Cambrios silver nanowire ink. The ...
Tags: Consumer Electronics, Electronics, Display
Wal-Mart has admitted some jobs will be lost from its business in India as the US retail giant plots its growth in the market alone. A report in India's Financial Express claimed Wal-Mart was letting go of 100-150 "senior- to mid-level ...
PT Asuransi Allianz Life Indonesia has debuted an assortment of three new micro-insurance policies comprising life, house and health insurance, for low-income people. Allianz Life Indonesia vice president director Handojo Kusuma was ...
Tags: Allianz, Micro-Insurance, Indonesia
Italian insurer Generali Group has inked an agreement with Cattolica to divest 100% of the capital of Fata Assicurazioni Danni, in a transaction valued at nearly €179m. Generali noted that the transaction will enable it to further ...
Tags: insurer, Generali Group
Cherokee Inc., a global marketer of style-focused lifestyle brands, announced that it has entered into a retail license agreement for its Liz Lange Maternity Brand with Mahindra Retail Pvt Ltd.’s flagship retail stores, Mom & Me. Liz ...
Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
Jaya Shree Textiles, a unit of Aditya Birla Nuvo Ltd. and a leading player in linen and wool segment, is planning to invest about Rs. 2.5 billion to further expand its Rishra, West Bengal-based linen fabric and yarn production unit. On ...
Tags: Jaya Shree, Textile
UK-based life and general insurer Aviva has embarked on a conditional agreement to divest its entire 39% stake in Eurovita Assicurazioni, to New York-based private equity firm JC Flowers, in a cash transaction valued at approximately ...
Tags: Aviva Agrees, Insurer
A major order is giving a further boost to Daimler AG’s van business in China. Daimler’s van joint venture Fujian Benz Automotive Co. (FBAC) has secured an order by the Dalian Wanda Group comprising 85 Mercedes-Benz Viano 3.0L ...
Tags: Wanda Group, Mercedes-Benz
SCG, Thailand s largest industrial conglomerate, showed a 53 per cent increase in the reviewed third-quarter net profit, to THB 9.79 billion. The reviewed figures present no change from the unreviewed statements revealed last week. It ...
Sigma Alimentos, a processed foods subsidiary of Mexican conglomerate Alfa, has offered €675m to take over Spanish meats processor Campofrio. Campofrio operates a network of manufacturing facilities in eight countries. For the fiscal ...
Tags: Sigma Alimentos, Food