The Australian Competition and Consumer Commission will not oppose two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne, following careful consideration of potential cross-ownership interests and ...
Tags: ACCC, Port of Melbourne
With rave reviews, the Galaxy S7 looks sure to be one of this year’s most popular handsets. Samsung is said to have shipped nearly 10 million Galaxy S7 and S7 Edge phones in the first quarter of 2016. That’s according to ...
Tags: Samsung Galaxy S7, Samsung, Samsung sales
American flavor company McCormick may increase the bid price for UK based Premier Foods after its £494m offer was rejected twice earlier. Premier Foods, which owns Mr Kipling cakes and Bisto gravy was offered 60 pence per share ...
Tags: McCormick May, Premier Foods
The China Banking Regulatory Commission has revoked the private fund-manager licenses of 17 commercial banks. Media reports say the specific reason could be they had violated certain conditions under the Law on Commercial Banks, which ...
Tags: Fund-manager, Licenses
Following Osram’s announcement last week that the company is to invest EUR 1 billion in a new Malaysia-based plant for LED chips, a leading investor in Osram expressed opposing opinions about Osram’s latest strategy, reported ...
A group of bipartisan business and government leaders released a report Friday that looks at the economic effects climate change is likely to bring to the Midwest, including the region’s farmers, and concludes that in some of the ...
Tags: climate, noon webcast, Agriculture
Posted in Medical Device Business by Brian Buntz on November 18, 2014 Irvine, CA–based Allergan has been adamant in fighting off a hostile takeover attempt from Valeant Pharmaceuticals International for the past seven months. But ...
Tags: silicone breast, Botox, Health
The UK Green Investment Bank (GIB) is financing energy efficiency improvements at the Royal Brackla Distillery, run by John Dewar & Sons, in Nairn, Scotland. The funds will be utilized, among others, for the installation of a biomass ...
Tags: UK, Green Investment Bank, Food
Industrial property investment returns peak at 11.7 per cent with facilities 33 per cent bigger than they were in 2010, according to the latest research. Strengthening returns and increasing scale of distribution centres and warehouse ...
Tags: Industrial property
Medtech engineering can be a six-figure job, especially if you’re managing people. But is the compensation really that great? Engineering managers in the medical equipment and supplies business earn an average $133,000 a year; ...
As the surprisingly rough start of trading this year suggests, continued gains in Japanese stocks are premised on a delicate balance of factors. For the first time in six years, the market did not ring in the New Year on Monday, the ...
Tags: Global Economy, Japan
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in the Oleoducto Central S.A. ("OCENSA") oil pipeline in Colombia for a ...
Tags: pipeline
Eroding sales in two of its critical product segments that include furniture, mattress and major appliances contributed to a weak fiscal third quarter for Sears Canada, even as the multichannel retailer declared a special dividend to ...
Tags: Furniture, Furnishing
PIERS , The Standard in Trade Intelligence, has been selected by AmSpec , to deliver a customized business intelligence solution that will provide immediate and actionable insight into bulk shipments of petroleum products around the world. ...
Tags: PIERS, intelligence solution, insight, bulk
Chilean financial institution CorpGroup is mulling over divestment of its insurance division to a pension fund manager, Inversiones La Construccion (ILC), in a deal worth approximately $165m. The company, which manages CorpBanca, said ...