BluGlass Ltd of Silverwater, Australia says that it has received commitments totalling A$2.35m (US$2.45m) for a placement of new fully paid ordinary shares to institutional investors. When the placement is settled later this week, ...
Tags: BluGlass, commitments, placement, shares, purpose
The European Commission has granted clearance for the proposed $15 billion acquisition of Canadian company Nexen by China's state-owned CNOOC, the EC said Friday. It had been unclear whether approval from the EU for the deal, which is ...
Tags: acquisition, oil production, gas operations
Santen Europe has selected Sparta Systems' TrackWise Enterprise Quality Management Solution (EQMS) to centralize the European management of its regulatory affairs processes. The regulatory affairs processes include product registration ...
Tags: Santen, Sparta Systems TrackWise, EQMS, ophthalmic pharmaceuticals
Arla Foods is to increase the price it pays its co-operative members in the UK for milk in a move, it said, would "build confidence" in the UK dairy industry. The Cravendale milk owner said it will now pay 29.5ppl for milk supplied by ...
Tags: Arla Foods, milk, dairy industry, Arla Foods Milk
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
On election eve, hundreds of thousands of people in the Northeast were still without power following Hurricane Sandy, with the hardest hit areas in New Jersey and New York marking an eighth consecutive day without electricity. In addition ...
Tags: glass companies, Hurricane Sandy
Optical networking and associated semiconductor technology company JDSU of Milpitas, CA, USA has reported its first-quarter 2013 (ended 29 September 2012). Non-GAAP net revenue was $420.9m and net income was $35.0m ($0.15 per share). ...
Tags: Optical networking, associated semiconductor, net revenue
Fives is an industrial engineering group which designs and supplies process equipment, production lines and turnkey plants for the world’s largest industrial groups in the aluminium, steel, glass, automotive & logistics, cement and ...
Tags: Fives, industrial engineering group, process equipment
RIA Novosti reported that Russia's largest oil company Rosneft has secured USD 30 billion in loan commitments including USD 7.5 billion in long term loans from a syndicate of international banks to finance the purchase of TNK-BP. Rosneft ...
Tags: oil company, Rosneft, BP, oil
Shenandoah Life Insurance Co has successfully exited receivership, following a $60m capital infusion. The Virginia State Corporation Commission ordered about the transaction, allowing the firm to resume normal operations, such as ...
Tags: Shenandoah Life Insurance Co, insurance companies, policyholders
Zara,the Inditex Group's fashion retailer,opens a flagship store featuring its revamped image at 460-490 Oxford Street in London's city centre.The fourth Zara location on the British capital's busiest shopping street has pride of place in ...
Tags: flagship store, shopping areas, retailer
The renewable energy industry is at a tipping point as the developed markets start to close the door on generous subsidy programs and emerging markets develop cost strategies to compete with fossil fuels, according toErnst & Young's latest ...
Tags: renewable energy, at a tipping point, subsidy programs, fossil fuels
US-based Monadnock Paper Mills has announced the launch of the Envi Portfolio, a complement of fiber-based solutions designed to provide eco-savvy brand owners with alternatives to plastics across a broad range of applications and end-uses. ...
Tags: Envi Portfolio, fiber-based solutions, eco-savvy brand
Australian Wool Industries Secretariat Inc (AWIS) releases wool sales report for week ending October 5. The Australian Wool Exchange (AWEX) Regional Indicators finished 1.7% higher, on average, at sales in Sydney, Melbourne and Fremantle ...
Tags: wool indicator, wool industry, wool market, wool exchange
Swiss food firm Nestlé has announced that it has completed the acquisition of Pfizer's nutrition division, in a deal valued at $11.85bn, strengthening its position in the global nutrition market. The integration process of Pfizer ...
Tags: Nestlé, food, acquisition, infant nutrition