The Licensee Online Order Portal (LOOP), an Internet-based system developed by the Pennsylvania Liquor Control Board (PLCB) that allows licensees to order wine and spirits at any time from home or office, is now available for 15,000 retail ...
A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
In advance of the Citi Technology Conference on 9 June, engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA updated its investor presentation to note the sale of certain RF assets formerly owned by ...
Nippon Paper Industries has signed an agreement with US based timber company Weyerhaeuser to acquire liquid packaging board business for $285m in cash. Under the terms of the deal, Nippon Paper will acquire Weyerhaeuser's mill located in ...
Tags: packaging board, Paper Industries
Cabela's Inc. continues to explore selling World's Most Foremost Bank (WFB) and its retailing business in separate transactions even though such a sale could hurt the performance of both businesses, the company disclosed in a government ...
Tags: Cabela's Inc, WFB, shareholder value
Nikola Motor Company founder and CEO Trevor Milton announced that the company received $2.3bn in reservations in the first month. This adds up to more than 7,000 truck reservations with deposits. The company announced last month that it ...
Retail footfall in May was up 0.3% YOY, according to the latest BRC-Springboard Footfall and Vancancies Monitor. This was better than the 2.4% decline seen in April, and significantly above the three month average of -1.7%. High street ...
Tags: footfall, high street
Land Rover has released an incredible video showing its Discovery Sport towing three actual train carriages – that’s about 60 times the car’s weight. The diesel-fuelled Discovery Sport towed the 108-tonne train – ...
Tags: Land Rover, 180PS Ingenium engine
Apple could lose the right to sell certain iPhone models in China as local authorities say the company has copycat smartphone designs. Beijing’s Intellectual Property Office has ruled that both the iPhone 6 and iPhone 6 Plus ...
If you’re not keen on the OnePlus 3 ‘Graphite’ colour option, we’ve got some good news: there’s a gold version incoming. OnePlus has confirmed that a ‘Soft Gold’ variant of the OnePlus 3 will go ...
Tags: gold version, OnePlus, smartphone
According to the newest production and sales data CAMM released, the light-duty trucks sales of May are 60500 units, down by 2% year on year. From Jan to May, China light-duty trucks have been totally delivered three hundred and ten ...
Tags: light-duty trucks, DONGFENG, YUEJIN
Usually when we use the word 'blistering' to describe a tech product it can only have positive connotations. Well not today. Basis, the makers of the Peak activity tracker, has pulled the device from sale after a number of users ...
Tags: Smartwatch, Basis, Peak watches
ConAgra Foods has entered into an agreement with Platinum Equity to sell its food ingredient sourcing and distribution company JM Swank for an undisclosed sum. The sale of JM Swank is part of ConAgra's strategy to restructure its ...
Tags: ConAgra Foods, Platinum Equity
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
ConAgra Foods has announced that it would invest $200m to expand operations at its Lamb Weston’s facility in Richland, Washington, US. The expansion will see an addition of a new french fry processing line at the plant. While the ...
Tags: ConAgra, fry processing line