Swiss dairy group Emmi has increased its stake in France's Diprola and Spain's Kaiku as it looks to expand internationally. Emmi has become a majority shareholder in both Kaiki and Diprola,now holding more than 60%of the shares in each ...
Tags: stake, internationally, international sales, acquisitions
Solar shake-out claims Abound amid GE worries 03 Jul 2012 After$370 million in investment–partly through a DOE loan guarantee–the thin-film CdTe module maker files for bankruptcy. 20kW installation Abound Solar has become ...
Tags: solar, Abound amid GE, DOE loan, the thin-film CdTe module
TV exposure through the likes of World Series of Poker has helped open the game up to a whole new fan base-including celebrities. Shows like Celebrity Poker Showdown allowed fans to watch celebrities compete at the poker table for the ...
Tags: tournament poker, Celebrity Poker, Tobey Maguire, Ben Affleck
A third of companies admit they have not invested in security for their virtual computing environments, a survey has revealed. This means many businesses are opening themselves up to the possibility of a serious and costly data breach, ...
Tags: security for virtual computing environments, Kaspersky, virtual servers
Goldman Sachs has announced the investment of around Rs86m ($1.51m) in Orchid Chemicals for 1.05% stake in the company. The finance bought 742,001 shares for Rs115.79 per share on NSE. Macquarie Bank and ABN Amro Bank have sold around ...
Tags: investment, Goldman Sachs, NSE
British Columbia's independent forest practices watchdog says future timber supplies in the province are at stake and the Liberal government needs to get moving on management plans for pine beetle and fire damaged forests. A Forest ...
Tags: market view, forest, timber
French food company Danone has increased its stake in Morocco's leading dairy company Centrale Laitière to 67%with an investment of€550m,as a part of its plan to strengthen its presence in North Africa. Danone,which held a ...
Tags: stake, markets, baby food, medical nutrition products
The Federal Reserve Bank of New York has sold over $4bn of packaged mortgage debt, further reducing a portfolio of assets associated with the bailout of Dutch insurer American International Group (AIG). Since the sales of the securities ...
Toyota Motor (TMC) and NavInfo, a China-based map production firm, will partner to form a joint-venture (JV) company for the distribution of map data to car navigation systems in China. The JV called Telemap China, is scheduled to start ...
Chinese dairy giant Mengniu has admitted the existence of safety irregularities at the plant of its ice cream supplier Tianfu Dairy,in response to a safety report which was posted online. Recently,a student from Xi'an university had ...
CEMENA Holding Company, a Bahrain-based building Material company focusing on the Middle East and North Africa (MENA) established in 2008 by Gulf Finance House (GFH) who remains a major shareholder in the company, held its Annual General ...
Tags: market view, cement
Citadel Capital has announced that ASEC Cement is continuing with capacity expansion plans at the Zahana plant in Algeria following completion of an overhaul at the Zahana Cement Company. ASEC is also due to begin commissioning at a new ...
Tags: market view, cement
Brian Atwood brand was acquired by the Jones Group.Brian Atwood will retain an ownership stake in the brand and will continue in his role as Creative Director and Designer. Since the founding of his shoe label in 2001,he has ...
Tags: Creative Director, stake, shoe label
InSightec Image Guided Treatment, a subsidiary of Elbit Medical Technologies, has signed a memorandum of understanding (MOU) with GE Healthcare. Under the MOU, GE Healthcare will invest $27.5m in Insightec, reports globes.co.il. ...
The penetration of CNC machine tools has kept rising since 2002 and reached 29.9% in China in 2011. At present, economical CNC systems are the mainstream products in the Chinese CNC system market, while mid to high-end CNC systems occupy a ...
Tags: News Update, Industry Trends, CNC