Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
Bentonville, Ark., (Sept. 21, 2016) – As part of Walmart’s continued focus on improving and enhancing the store experience for customers, the company recently awarded more than $200 million in second quarter cash bonuses to more ...
Tags: Walmart, cash bonuses, associates
Wal-Mart Stores, Inc. (WMT: NYSE) today announced completion of the company’s acquisition of Jet.com, Inc., following expiration of the waiting period under federal regulations. The news was initially shared on Instagram by Walmart ...
Tags: Wal-Mart Stores, acquisition, Jet.com
She will be responsible for the marketing and PR activity across Bladez's growing portfolio of licenses, with focus on driving awareness of the firm's new preschool range. Bladez Toyz has appointed former Bandai executive Vicki ...
B&B Italia has become the majority shareholder in Arclinea, a leader in high-end designer kitchens. The agreement foresees the development of a strategic partnership that leverages the full potential of the respective product ranges ...
Tags: B&B Italia, Arclinea, majority shares
HKTDC Hong Kong Int’l Lighting Fair (Autumn Edition) 2016 is going to take place October 27-30, to remain the world’s most successful trade fair of its kind (photo courtesy of HKTDC).Generate more power for your business with ...
Tags: HKTDC, lighting products
This year Brisbane, Australia, will host the 10th IWA World Water Congress & Exhibition from 9-14 October and the emphasis will be on how water professionals can respond to the United Nations’ Sustainable Development Goals (SDGs). ...
In what it describes as a momentous perdiod, the multichannel retailer has seen a 39 per cent growth in online sales. The Entertainer is celebrating its seventh consecutive year of growth having reached a pre-tax profit of £6.9 ...
Tags: Entertainer, online sales
Panera Bread has announced that it will serve clean bacon on its sandwiches and salads that is free of artificial preservatives, flavors, sweeteners and colors from artificial sources prohibited by the company’s No No List, and ...
The Renault-Nissan Alliance is purchasing French software development firm, Sylpheo, to speed up the expansion of its connected vehicle and mobility services programs. The acquisition was announced by Ogi Redzic, Alliance senior vice ...
Tags: Renault-Nissan, Sylpheo, acquisition
Grab, a rival to ride-hailing company Uber in Southeast East, has raised $750m in equity financing, increasing its total capital position to more than $1bn. The expanded, oversubscribed round was led by Grab's strategic partner SoftBank ...
Monsanto Company has announced that it has reached a global licensing agreement for the use of the CRISPR-Cas genome-editing technology in agriculture with the Broad Institute of MIT and Harvard. The Broad Institute is a world leader in ...
Last week's Hong Kong Jewellery & Gem Fair set an improved tone for the diamond market despite challenging conditions in the Far East. Overall, it should be considered a good show as dealer trading picked up after a very slow summer. After ...
Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
Dow Chemical Company’s Packaging and Specialty Plastics (P&SP) business has launched new innovation center, Pack Studios, in Ringwood, Illinois, US focused on laminating adhesive in North America. Said to be the company’s ...
Tags: Dow Chemical, P&SP, Pack Studios