Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
While there are concerns about overcapacity for metal-alloy chassis on the possibility that iPhone shipments in 2016 will slip on year, global demand, especially for aluminum-alloy chassis, will continue growing over the next 3-5 years, ...
Tags: aluminum-alloy, Alloy
Singapore food and beverage company Fraser and Neave has expressed interest in acquiring South Africa's SABMiller's Peroni and Grolsch beer brands in Europe. The expression of interest is occurring whilst beverage giant Anheuser-Busch ...
Nestlé's Kit Kat has launched a number of "limited edition" Kit-Kat's in Australia plus a gold leaf option selling for the hefty price of $88. The new Kit Kats coincide with the celebration of the approaching Chinese New Year. The ...
Tags: Kit Kat, Retail Outlet
Coles and Lion have issued recalls for milk a number of milk products sold in Western Australia after discovering a microbial coliforms contamination. The two Coles branded milks are "Coles Brand Western Australian fresh hilo milk 98% fat ...
Tags: Lion Milk
Wilmar International announced that its wholly-owned subsidiary, Yihai Kerry Investments has entered into two conditional joint venture agreements (JVAs) with Singapore Food Industries (SFI) today to supply certain safe and high quality ...
Tags: Wilmar, China Market
A confident Character Group has detailed a number of new appointments to take it to continued growth throughout 2016. The Character Group is celebrating strong Christmas sales as it sees revenue in the current financial year rise six per ...
Tags: Character Eyes, Toys
The awarding ceremony of "Investigation & Election Activity of Chinese Truck Users" hosted by Chinatrucks. Net was held on January, 18, 2216. The investigation and election lasted for 5 months got the attention and support from great ...
Tags: Benz Truck, Truck
Apple may not be planning to launch a second generation Apple Watch 2 this spring, according to a report on Friday. Following on from its report about the iPhone 5se earlier on Friday, 9to5Mac has more information on Apple’s plans ...
Tags: Apple Watch, WatchOS 2.2
China will create more schemes offering Renminbi (RMB) convertibility in free trade zones in 2016, an official with the State Administration of Foreign Exchange (SAFE) has said. Guo Song said authorities will make the moves, designed to ...
Tags: Capital Market, SDR basket
Reed's,the leading maker of craft sodas nationwide announced preliminary record sales for the fourth quarter 2015. Fourth quarter preliminary sales increased 12.8 percent to a quarterly record $12.4 million compared to last year's fourth ...
Tags: Reeds, craft sodas
Supermarket chain Sainsbury's has issued a recall of its wholemeal bread after metal pieces were found in loaves. The recall of 45p Wholemeal Bread Medium Sliced and Thick Sliced was made after its supplier made a complaint, reported ...
Tags: Metal Fragments, Bread
Charles Wells has announced an increase of 4% in operating profit before exceptional costs alongside a steady programme of investment in its assets. The Bedford based brewer and pub operator recorded an operating profit of £8m in ...
Tags: Charles Wells, Operating Profit
General Mills will close its pastry manufacturing facility in Berwick, UK by autumn of 2016. In this regard, the company has completed collective consultation process with employee representatives and union officials in order to arrive at ...
Tags: General Mills, Pastry
Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group. Daimler ...
Tags: Daimler Trucks, truck, Iranian Market