Arla Foods has announced a deal to supply Chinese infant formula company Biosteme. The Nordic dairy giant will supply powder to Biosteme from a facility in Denmark for ten years. The deal could also see both companies finance upgrade work ...
Tags: baby milk, dairy giant, premium infant nutrition market
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
The UK expects its tax revenues from the oil and gas industry to slip by more than a third in the current tax year as declining North Sea production levels, lower than expected oil prices and upstream tax breaks crimp its receipts, the UK's ...
French retail giant Carrefour has suggested that efforts to improve the performance of its hypermarkets in France were paying off, despite sales falling in the second quarter of the year. Like-for-like sales from Carrefour's French ...
Tags: Hypermarkets, Carrefour, retail giant, market
The Physicians Insurance Association of America (PIAA) has appointed MMIC president chief and executive officer Bill McDonough to its board of directors, with immediate effect. McDonough, during his three-year board term, will serve as a ...
Tags: PIAA, MMIC, Bill McDonough, board of directors
Employees at mines in Zambia, Africa's biggest copper producer, are demanding pay rises of as much as 50% next year. Mr Chishimba Nkole president of Mineworkers Union of Zambia said that talks with companies began last month and were set ...
Speech by the Governor Shandong Province has important historical status in the five thousand years' civilization of China. The Confucian culture that originated in Shandong has dramatic influence both in China and overseas. Sunzi ...
Tags: Shandong, business, introduction to Shandong, Shandong economy, survey
Arabian Business reported that Saudi Arabia has pledged USD 487 million assistance package to help support new development projects in Jordan. Mr Abdullah Ensour PM of Jordhan said that the first USD 125 million will be transferred soon ...
Tags: Arabian Business, gas, fuel
Speech by the Governor Hunan, an endowed land where four rivers run through, covering an area of210,000 square kilometers, has her profound Huxiang culture accompanied with the pioneering and initiative spirit passed down generation after ...
Tags: Hunan Province, survey, economy, investment
Sri Lanka will sidestep US led sanctions against Iran by diverting its oil payments towards a water management project that Tehran is funding in the island. Mr Ivan de Silva Sri Lankan water resources secretary said that PKR 2 billion ...
Tags: oil payments, crude oil, water management project, US sanctions
Speech by the Governor Hubei is located in Central China. Wuhan, the provincial capital, is an important traffic hub in China and is renowned as "the thoroughfare of nine provinces". Hubei is also one of the important industrial bases ...
Tags: Hubei Province, survey, economy, investment
Dutch insurer ING's US unit has inked a $330m deal with Cognizant, pursuant to which Cognizant will expand the business process management contract between the two companies. According to the terms of the deal, Cognizant will hire over ...
Tags: Dutch insurer ING, Cognizant, insurance
PTI reported that the Finance Ministry has proposed to list Nuclear Power Corporation of India Ltd on the stock exchanges by selling 10% government stake. The Department of Disinvestment in the Ministry of Finance this week sought ...
Speech by the Governor Qinghai is located in northwestern China, on the Qinghai-Tibet Plateau, and is reputed as the ancestor and the Source of Thousands of Mountains and rivers. Qinghai is the source of the Yangtze, Yellow and Mekong ...
Tags: Qinghai, business, introduction to Qinghai, Qinghai economy, survey
Berry Palmer & Lyle Ltd (BPL Global), a UK-based political risk broker has opened a new branch in Singapore, its second Asian subsidiary after the launch of a Hong Kong branch in early 2011. Located in Raffles Place, BPL Global will ...
Tags: BPL, new branch, Singapore