ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...
The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
By combing its solar panel business and energy storage sector, BYD delivered a truly zero-emission ecosystem to the world in 2011. Today, BYD makes itself one of the world’s leading EV manufacturers as it topped No.1 by selling most ...
Tags: BYD, EVs, Electric Buses, Battery
Syria has said it's ready to take part in peace talks in Geneva and hopes that the dialogue will help the country form a national unity government. Syrian Foreign Minister Walid al-Moualem made the statement on Thursday during a visit to ...
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
A draft amendment to the population and family planning law is being discussed by the top legislature. Along with the universal two-child policy, the amendment covers issues including illegal surrogacy and the cancellation of extended ...
Tags: Surrogacy, Late Marriage
Craig Hadley, Victoria Plum’s former head of buying, has joined online-only home furniture brand MatalanDirect.com as buying director. Having being instrumental in leading Victoria Plum to unprecedented growth, Hadley has been ...
Tags: MatalanDirect, Furniture
DFS-owned contemporary furniture retailer dwell continues the second phase of its nationwide expansion with the opening of a new concept store in Oxford over the Boxing Day weekend. Creating nine new jobs in the area, the 5500 sqft space ...
Tags: DFS-owned contemporary, furniture
Leading company in chemicals Stahl joined forces with Rinspeed, the creative think-tank and mobility lab for the automotive industry. The result is a 'driverless car' with a futuristic and sustainable car interior featuring eye-catching ...
Sony will choose from three new scripts after being "underwhelmed" with effort from Juno writer Diablo Cody. Sony is weighing up three new scripts in its ongoing development of a live action Barbie movie. Variety reports that having ...
Tags: Sony, Barbie movie, Toys
Sonoco Consumer Products Europe is planning to close two of its tobacco production plants in Germany, resulting in the removal of 100 employees. The Bunde plant in Northwest Germany will be closed by May 2016 and Hockenheim 3 plant in ...
Tags: Sonoco Consumer Products, tobacco, Packaging
Rating agency Fitch predicts that China's annual steel exports are likely to fall to 70 to 80 million tons in the long term. Official data shows in 2014, China's steel exports reached 94 million tons. However, more steel production ...
Tags: Chinese Steel, Exports
Dunlop Sports Co. Ltd. of Japan has suspended its dividend and cut executive compensation after a mark down of its shares of Cleveland Golf Company Inc. caused it to report an unexpected loss for the year ended Dec. 31, 2015. Dunlop ...
Tags: Cleveland Golf Company Inc, Dunlop Sports, Sporting Good
China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...