Known as the "Kingdom of Hand Tools," Taiwan has long been the world's major supplier of general hand tools, and now some makers on the island are taking aim at the high-end market. With the help of industry and government-backed ...
Tags: Garden Tool, Cutting-Edge Products
Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
Swedish company Scandi Standard has agreed to acquire Manor Farm, a chicken processor in Ireland, in a share-cum-cash deal. The deal values Manor Farm at an enterprise value of €94m. Under the deal terms, Scandi Standard will offer ...
Tags: Poultry Processor, processor
Russian meat and feed producer Cherkizovo has agreed to acquire domestic grain producer Napko for around RUB5bn ($88m). Cherkizovo will also assume the net debt of the grain producer which stood at RUB751m ($13m) as of 31 March 2017. ...
Tags: meat, feed producer
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We are moving forward in volatile times. Our profits have fallen with energy prices, but our growth strategy is delivering to the bottom line. Shell’s second ...
Tags: Royal Dutch Shell, 2012 Results
“Signals & Signposts” updates our thinking by taking into account the impact of the global economic and financial crisis. Over the next four decades, the world’s energy system will see profound developments. Heightened ...
Tags: Signals&Signposts, Shell
First quarter 2012 results webcastsRoyal Dutch Shell Chief Executive Officer Peter Voser commented: “We are making good progress against our targets to deliver a more competitive performance. Our profits pay for Shell’s ...
Tags: Shell, good progress, new energy projects
Motorola’s new Moto M smartphone may not be official just yet, but it might as well be. China’s online shopping outlet TMall has already listed the Moto M, despite the phone not being due for launch until later today. The good ...
Tags: Motorola Moto M, smartphone
Coca-Cola has reported a 7% decrease in its net sales to $10.6bn for the third quarter of this year, compared to $11.4bn for the same period in 2015. The soft drinks giant has blamed the impact of foreign currency and structural changes ...
Tags: soft drinks, beverage
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada says that it intends to consolidate its operations at Wellingborough, UK with other sites within the group. In addition, in the USA, it will ...
Tags: 5N Plus, consolidating operations
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
In the afternoon of October, 17, as the last conducting wire passed through the No.1705 Tower pulley led by the main hauling cable and running board, completing the riveting line operation, the span of ±800kV Lingzhou-Shaoxing UHV DC ...
Tags: UHV DC line, UHV AC line, power cut