Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
Optomec will feature its LENS 3D Printers for metal additive manufacturing applications at the Laser Additive Manufacturing (LAM) Conference in Orlando, Florida, US. Jim Cann, LENS Business Development Manager for Optomec, will give a ...
Tags: Optomec, LENS 3D Printers, LAM, Metal additive manufacturing
South Africa has renewed imports of US chicken, beef and pork products, bringing an end to a 15-year trade dispute with the country. The South African government concluded months of discussions over 'the three meats' with the US, under ...
Tags: South Africa, AGOA, US Poultry Imports
One of Google’s self-driving car has recently crashed into an oncoming municipal bus in Mountain View, California. The incident actually took place on 14th of February and said to be the first accident involving its self driving ...
Tags: The first accident involving Google's self-driving car
The LED industrial lighting market has enjoyed accelerated growth in recent years owing to the rising demand worldwide and government subsidies, says LEDinside, a division of TrendForce. According to LEDinside’s latest report, 2016 ...
China's largest new energy car maker BYD has reported surging profit growth in 2015, with demand rising as authorities introduced policy support for green vehicles. BYD raked in 80 billion yuan (12.24 billion U.S. dollars) in revenue last ...
Tags: New Energy Car, EV
Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
LPS Industries, a leading producer of flexible packaging solutions, recently announced that its Vapor Flex Division is playing a key role as the manufacturer for a distributor that was recently awarded a two-year General Services ...
Orora is planning to invest $42m in additional glass bottle forming lines at its Gawler, South Australia, glass plant. In addition, Orora is assessing a potential investment of a further $10 - $15 million in an automated warehouse at ...
Tags: Orora, Glass Bottle
UK's luxury car maker, Aston Martin is all geared up to start its new factory in south Wales to manufacture DBX crossover model. The construction work for the factory will begin in 2017 and production of cars is expected to begin at 2020. ...
Tags: Aston Martin, DBX Model, luxury car
The total number of Chinese homeport cruise ship travelers reached 2.22 million passenger trips in 2015, and China's cruise industry is set to grow faster in the next decade, a report said. Throughout 2015, China's 10 cruise ports ...
Tags: Cruise Industry, Cruise Ship
The Australian Federal Government's Foreign Investment Review Board (FIRB) is allowing China's Moon Lake Investments to acquire Australia's largest dairy producer, Van Diemen's Land Company (VDL). The purchase price is AUD$280 million for ...
Food Standards Australia New Zealand (FSANZ) is seeking comments on its proposed approach to revising infant formula requirements in the Food Standards Code. FSANZ Chief Executive Officer Mr Steve McCutcheon said although breastfeeding is ...
Tags: Infant Formula, Food Standards
The Australian treasury has given its approval to the sale of the country's largest dairy farm Tasmanian Land Company (TLC) including Van Diemen's Land Company (VDL), to Chinese billionaire Lu Xianfeng's Australian arm Moon Lake Investments ...
Tags: VDL, Dairy Farm
The China Association of Automobile Manufacturers announced on Friday that passenger car sales totaled 2.2 million units in January, 9.3 percent more than a year earlier, and the production of new-energy vehicles surged by 144 percent. ...
Tags: Car Sales, passenger car