Clearing haze and gaining environmental friendly development is not only the responsibility of the whole society, but also the responsibility of every body. Especially, the truck industry which is most scolded by people actively began to ...
Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...
Tags: Mercedes-Benz, V-Class Vans, MVP
Austrian packaging firm Alpla Group has agreed to acquire a majority stake in Egypt-based Taba Group to expand operations in Africa and the Middle East. Both firms have signed a partnership agreement to form a joint venture, which will ...
Tags: Alpla, Taba Group, Aquisition
In an ongoing effort to defend its rights and ownership of the Havana Club rum brand and trademark in the US, Bacardi has filed an amended complaint with the US District Court for the District of Columbia. This filing amends the original ...
Tags: Havana Club, Bacardi, US District Court
Baskin-Robbins is extending its Tuxedo ice cream cake range. The new range allows customers to design their own cake. Customers start by choosing an ice cream base from Baskin-Robbin’s 31 different flavours. They then choose from ...
Tags: Baskin-Robbins, Tuxedo, Ice cream cake
International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
Smartphone chipset solution providers have recently stepping up efforts to win more orders for system chips, including image signal processors, modems, and RF (radio frequency) chips, instead of focusing competition on the core number of ...
Tags: Smartphone Chipset, Chipset
Continental Structural Plastics (CSP) has announced it has signed a memorandum of understanding with Mitsubishi Rayon (MRC) regarding the development and manufacturing of innovative carbon fiber structural components for the automotive ...
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
Western Digital has disclosed its agreement with Unisplendour (Unis), and Unis Union Information System (Unis Union), a subsidiary of Unis that agreed to make a US$3.775 billion equity investment in Western Digital, has been terminated by ...
Tags: Western Digital, SanDisk, storage
MTU Friedrichshafen, a subsidiary of Rolls-Royce and Chinese company Guangxi Yuchai Machinery have started a joint venture. Each company will invest an amount of 75m RMB (around 10.5m Euro). Under the licence from MTU, of MTU diesel ...
Tags: Rolls-Royce, MTU Engines
The British luxury automaker has formed a joint venture with Chinese technology company LeEco to produce an electric car to be marketed by 2018. The joint venture is reportedly working to bring an electric car based on Aston Martin's ...
Tags: Aston Martin, LeEco, Electric Car
US-based manufacturer of sauces and dressings Ventura Foods has completed the acquisition of Canadian Wing’s Foods’ sauces and condiments business. The acquired business will become part of Ventura Foods Canada and function ...
Tags: Ventura Foods, Wing's Foods
Japanese food company Ajinomoto and Japanese technology company Nippon Rika through a joint venture has established a company to manufacture Cysteine Hydrochloride, an amino acid that is used for food products and flavorings. The new food ...