In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...
Tags: Mining Industry, miner
According to a report Monday from the American Institute for International Steel (AIIS), US steel exports grew for the second month in a row in April, expanding 3.8 percent from March to 1.08 million net tons. Exports were 3.7 percent ...
Tags: Steel Exports, US steel
Ukraine insisted on a complete revision of its gas supply deal with Russia and would not be swayed by offers of discounts, Prime Minister Arseny Yatsenyuk said here Wednesday. "We still adhere to our old position: we should revise the ...
Tags: Gas Supply, oil
South Korean automotive manufacturer Hyundai has launched hydrogen powered Tucson Fuel Cell crossover utility vehicle (CUV) in the US. As part of the move, the company handed over the keys of Hyundai's first mass-produced Tucson Fuel Cell ...
Tags: Auto Parts, vehicle
PPG Industries announced that its North American architectural coatings business has reached a definitive agreement to acquire Masterwork, an independent architectural paint distributor headquartered in Pittsburgh. The acquisition of ...
Tags: PPG, Construction, Decoration, coatings
Sports brand adidas announced a new roadmap towards the elimination of hazardous chemicals from its products and supply chain. In collaboration with Greenpeace's Detox campaign, the official World Cup sponsor has laid out a credible plan ...
Australia and China to increase co-operation on mergers regulation The Australian Competition and Consumer Commission (ACCC) and the Ministry of Commerce of the People's Republic of China (MOFCOM) have signed a memorandum of understanding ...
Tags: Agriculture, Food, Business
B&G Foods (BGS) announced today that it has completed a refinancing of its senior secured credit facility by terminating the facility and replacing it with a new senior secured credit facility, consisting of $300 million of tranche A term ...
Tags: Agriculture, Food
PPG Industries' North American architectural coatings business has reached a definitive agreement to acquire The Homax Group, Inc., a supplier of decorative wall and ceiling texture repair products. Homax is a portfolio company of Olympus ...
Tags: PPG, Coatings, Construction
UK-based supermarket chain Marks & Spencer (M&S) plans to use new laser tattooing technology to label its fruits in place of traditional paper-based labels. M&S has signed an agreement with Spanish company Laser Food to trial the ...
US-based egg producer Quality Egg has pleaded guilty and agreed to pay a fine of $6.8m for selling substandard eggs with false labeling and tainted products that resulted in nationwide outbreak of salmonella in 2010. Back then, the ...
Tags: Egg, Agriculture, Food
Import volume at major U.S. container ports is expected to increase 7.5 percent in June as retailers bring unusually high quantities of merchandise into the country early to avoid any potential disruptions after the labor contract with West ...
Tags: Apparel
Keeping up its European legacy, , the premium Menswear fashion brand, has partnered with FIFA Brazil 2014, to capture the seasons frenzy and rapturous celebrations. The biggest tournament in global sport begins this June, 2014 in the ...
Tags: Apparel, Accessories
American automaker Chrysler Group has recalled about 10,700 sport utility vehicles (SUV) in North America due to defects in on-board cruise-control technology. The recall affects 2014 Dodge Durangos and Jeep Cherokees, Grand Cherokees and ...
Spain-based food company Ebro Foods has entered into an agreement to acquire 52% stake in the Italian company Pastificio Lucio Garofalo for EUR62.5m. Pastificio owns brands such as Garofalo, Santa Lucia and Russo de Cicciano, inter ...
Tags: Ebro Foods, Dry Pasta