French retail giant Carrefour is said to quit the Chinese mainland and Taiwan. Sources said recently that Carrefour, the biggest retailer in the world and the second-biggest one in Europe, was considering selling business in both the ...
The Australian cane industry is enjoying a period of rejuvenation, helped by an increase in foreign investment. Picture: Lyndon Mechielsen Source: The Australian This year's Australian sugarcane harvest has started in north Queensland ...
Tags: Cane Industry, Australia
COFCO, the state-owned food company in China, has signed an agreement with Danone, under which the two parties will establish a joint venture. As part of the agreement, COFCO will sell 148,014,022 shares in China Mengniu to the ...
Tags: COFCO, Danone, Dairy Products
US-based Infinity Group and its partner the LR Group , have announced plans to build and finance the new Beijing Eco-Valley Project, the first Sino-Israeli ‘smart’ agricultural city The project is a joint initiative between ...
Tags: LR Group, Agriculture
On March 1, "Fortune" magazine publishes "2013 Global Most Admired Companies" list and Baosteel is again on the list.. According to this year's "Fortune" list, Apple, Google, Amazon rank the top three of the Most Admired Companies and ...
Tags: Fortune magazine, Baosteel, 2013 Global Most Admired Companies
Arla Foods and Fonterra have teamed up with Danish analytical solutions provider Foss to develop a screening method to determine whether milk has been tampered with for financial gain. The'fingerprint'-based screening technique will ...
Tags: Arla, Fonterra, Foss, China, Denmark, milk, dairy, safety, melamine
Chinese state-owned agribusiness and food processor COFCO has sold its 5% stake in US meat giant Smithfield Foods. Smithfield said on Friday (16 November) it had paid US$148m for COFCO's 4.95% stake. COFCO bought the shares in ...
Tags: Stake, Smithfield Foods, future business
China Mengniu Dairy is in talks to acquire China Modern Dairy, a leading raw milk supplier in China, in order to gain better control over its milk supply. China's state-owned COFCO and US-based private-equity firm KKR - the largest ...
Tags: leading raw milk supplier, better control, milk supply
Swedish-Danish cooperative Arla Foods and China's baby food maker Biostime International have entered into ten-year financing and supply agreement. Under the agreement,the two companies will co-invest a total of DKK163m($27.55m)to expand ...
Tags: financing, agreement, baby food, production capacity