New Zealand-based dairy company Fonterra Co-operative Group is selling its Australian yogurt and dairy dessert business to Parmalat Australia. In this regard, both companies entered into negotiations which resulted in signingof the ...
A file photo of the headquarters of China Vanke in Shenzhen, Guangdong Province. [Photo: ifeng.com] China's biggest residential developer China Vanke is worrying that its shareholders are buying too much stake. Baoneng Group, a ...
Tags: Vanke, Baoneng Group, stake
Chinese IT companies are acting to defend their country against cyber attack risks, which are increasingly a threat to national security. China Electronics Technology Group Corporation (CETC) signed a memorandum with Microsoft on Thursday ...
Tags: IT companies, cyber attack, cybersecurity
The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
Logo of Alibaba. [File Photo: jdzj.com] Chinese and Russian companies vowed on Wednesday that they will cooperate more in online business. On the sidelines of the World Internet Conference (WIC), Russian Prime Minister Dmitry Medvedev ...
Arbor Investments has acquired majority equity stake in California-based DPI Specialty Foods from Ireland-based Ornua Co-operative Limited. DPI sells gourmet, organic, ethnic foods to national, regional, independent retailers, ...
Tags: Arbor, DPI Specialty Foods, dairy products
Gas Natural Fenosa plans to invest $1.1 billion over the next decade to double its number of clients at Chilean subsidiary Metrogas to 1.5 million, from around 700,000 currently, CEO Rafael Villaseca said Tuesday. During the first five ...
With the progress of modern logistics as well as the growth in demand for replacing workforce by machinery, forklifts have become the most widely used tools for handling materials in logistics industry. In 2014, global forklift sales volume ...
Tags: Forklift Industry, internal combustion forklifts, electric forklifts
Indonesia is expected to have as many as 55-60 of uncommitted LNG cargoes next year from the Tangguh and Bontang LNG plants, the head of upstream regulator SKK Migas' communications department, Elan Biantoro, said Monday. The available ...
Tags: LNG cargoes, Badak LNG
The government of Neuquen, a southwestern province of Argentina, said Monday it has approved ExxonMobil's investment plan for developing shale resources in the Bajo el Choique and La Invernada blocks. The company will work with Gas y ...
Tags: shale, GyP, natural gas
East Timor's Kitan condensate will no longer be available in the spot market as the ultra-light oil field reached the end of its normal life, market sources said Monday. "After January, there will be no more [Kitan cargoes]," a trade ...
Tags: ultra-light oil field, condensate, crude
Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland (ADM), has acquired 80% stake in peanut shelling and storage facility in Jan Kempdorp, South Africa. The company has been operating the unit on lease basis since May. ...
Tags: Golden Peanut, Tree Nuts, Peanut Shelling
Havells India, a manufacturer of lighting and electrical products, plans to sell most of its stake in European lighting system and fixtures company Sylvania. Sylvania is one of the four leading lighting brands in Europe and Latin America. ...
Tags: Havells, LED lightings, electrical products
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry