Solazyme is focusing the company exclusively on food, nutrition and specialty ingredients, harnessing the power of its transformational algae innovation platform. The evolution leverages over a decade of R&D and product development on an ...
Tags: Solazyme, Transformational algae, R&D, Food
Smartphone brands in China are expected to enter a new phase of consolidation in 2016 as some vendors have sold their sub-brands or introduced new strategic partners, according to industry sources. Smartphone brands in China were active ...
Tags: Coolpad, Nubia, Smartphone
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
The Wilkins Group is investing over $3m into a brand new state of the art factory on the island of Sri Lanka. The Wilkins Group bought the land overseas back in 2013, and work began on the two-acre site at the back end of last year, with ...
Tags: Wilkins Group, LEED certification
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
Environmental Recycling Technologies (ERT) has signed an agreement with Metallis Recycling (MRL) to form a 50-50 joint venture in the UK. ERT will give the JV exclusive rights to manufacture flat sheet using its proprietary powder ...
Tags: Environmental Recycling Technologies, Metallis Recycling
After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms
Sweden-based packaging company ifoodbag has completed tests on its new carrier bags that are capable of keeping food items frozen for up to 24 hours. The water-resistant carrier bags, trials of which began last year, have been produced ...
Tags: packaging company, ifoodbag, Carrier Bags
Following a test period that started in 2014, Sweden’s ifoodbag has created a carrier bag that keeps goods, such as foodstuffs, frozen and chilled for up to 24 hours. While not yet available on the market, the company says it has ...
Tags: ifoodbag, carrier bag, Frozen bag
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Green Biologics (GBL) has announced the closing of an internal follow-on equity round of $42 million co-led by Swire Pacific Limited (HKEX: 00019/00087) and Sofinnova Partners. Existing investors Capricorn Venture Partners, Oxford Capital ...
Indian restaurant search service provider Zomato has acquired US-based food portal Urbanspoon for $52m in an all-cash deal and intends to raise approximately $100m through a fresh funding in a month in order to fuel growth. This purchase ...
Tags: food portal, Indian restaurant, Food
The Nigerian government has approved a policy which aims to revive the country’s ailing textile and garment industry. The policy is a part of the National Industry Revolution Plan (NIRP) which covers the whole textile value chain, ...
Tags: funding and energy, smuggling, Textile