Australia-based iron ore developer NSL Consolidated (NSL) has announced that it has signed a US$12.2 million joint venture agreement with India-based Vijay Group, according to which the parties will establish a strategic alliance that will ...
Tags: NSL Consolidated, joint venture agreement, Vijay Group
Whole Foods Market announced at Natural Products Expo West that, by 2018, all products in its U.S. and Canadian stores must be labeled to indicate whether they contain genetically modified organisms (GMOs). It is the first national grocery ...
Tags: Whole Foods Market, Natural Products Expo West, GMO transparency
The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...
Tags: RBS, shares, motor insurance startup
Through the acquisition of Scheuten’s stake in “Moustier4”, AGC Glass Europe has acquired the total share capital of the joint venture that constitutes the Belgium-based float production line located in the AGC Moustier ...
Tags: AGC Glass Europe, float production line, Scheuten Glass
With 100% of its ethylene cracking capacity located in the Middle East and North America, US oil and petrochemical major Chevron is poised to benefit financially and competitively from its access to cheap feedstock, the company said ...
Tags: Chevron, oil, petrochemical
Chevron is "in discussions" with Venezuela about adding opportunities to invest in that country following the recent death of its controversial populist President Hugo Chavez, Chevron CEO John Watson said Tuesday. But Watson told ...
Tags: Chevron, oil projects, oil field
Labrador Iron Mines Holdings (LIM) and Tata steel have already settled the cooperation agreement, including the sale of a 51% stake in the Howse iron ore. Under the agreement, LIM and Tata Steel Minerals Canada (TSMC) will develop rail ...
Tags: Tata Steel, Steel, Iron Ore
Marchionne, CEO of FIAT - Chrysler has said that it is expected to completed the acquisition of the remaining 41.5% stake in Chrysler before the end of this year, the two companies will be merged. Marchionne said if it agreed to buy the ...
Tags: FIAT, Chrysler, acquisition
A top U.S. official called on China to investigate and stop cyberattacks, which he said pose a growing threat to the countries' economic relationship. Tom Donilon, U.S. President Barack Obama's national security advisor, said the U.S. ...
Through the investment, which is to be made by March 28, Samsung will become Sharp's fifth largest shareholder, with a 3.4% equity stake, surpassing the 2.56% stake of Qualcomm, the seventh largest shareholder, which last December decided ...
Tags: Samsung, Qualcomm, financial institutions, Sharp
Rumours of a potential takeover of smartphone strugglers BlackBerry have boosted its share price by 14% BlackBerry's shares rose 14% on Monday (11 March) stoked by takeover speculation by Lenovo and news that AT&T will begin selling the ...
The Ministry of Textiles is deeply concerned to learn that the recent unprecedented snowfall in Changthang region this winter has left twenty two thousand goats dead. The Ministry of Textiles, had earmarked funds last year for feed ...
Tags: Ministry of Textiles, Ladakh Pashmina Sector, Textiles
Kishore Biyani, the founder of India-based Future Group, and Hong Kong-based trading firm Li & Fung are planning to enter into a 50:50 joint venture for launching an import and wholesale chain. Li & Fung currently holds a 26 percent ...
Tags: Kishore Biyani, Li&Fung, wholesale chain
Automotive components maker Amtek Auto has signed a deal to acquire the Germany-based Neumayer Tekfor Group for an undisclosed amount. The acquisition will include an Italy-based forging company Officine Meccaniche Villar Perosa (OMVP) ...
Tags: automotive components maker, Amtek Auto, Neumayer Tekfor Group
US-based Genuine Parts has signed a deal to completely acquire the Australia-based Exego Group for $800m. With the amount the company will acquire the 70% share of the Exego Group along with its debt, while 30% stake was acquired by the ...
Tags: Genuine Parts, Exego Group, acquisition