Indian ethnic wear brand Biba has launched its e-commerce portal to leverage the fast growing e-commerce market space and do maximum business in the ongoing festival season. The managing director of Biba, Sidhharth Bindra, said the ...
Tags: ethnic wear, Apparel
Brazil’s water transport authority Antaq has authorized the start-up of operations of the Sudeste Port, according to information made available in the Diario Oficial, the country’s official gazette. According to the document, ...
Tags: water transport, iron ore
Nigerian Breweries has secured Securities and Exchange Commission approval for its previously announced merger with Consolidated Breweries. Both the companies are majority owned subsidiaries of Dutch brewing company Heineken. Heineken ...
Tags: malt drinks
China-based PV module makers and Taiwan-based crystalline silicon solar cell makers, in an attempt to avoid US anti-subsidization and anti-dumping tariffs, are seeking production capacities in locations outside of China and Taiwan, ...
LED epitaxial wafer and chip maker and packaging service provider Lextar Electronics on October 14 held a shareholders meeting to approve an investment of US$83 million by US-based Cree for a 13.32% stake through subscribing to 83 million ...
Tags: LED epitaxial, epitaxial wafer, LED chip
De Beers is talking about change, urging the trade to be proactive in dealing with a persistently uncertain and volatile market environment. While the company has directed its message to the diamond industry at large, and specifically to ...
Tags: diamond industry, diamond
State-owned Air China says half-year profit rose 10 percent as foreign currency gains more than made up for declining passenger and cargo revenue. The Beijing-based airline said late Tuesday that earnings from its stake in Hong Kong's ...
Tags: Air China, foreign currency
China stands to gain much more than oil from deepening Western sanctions on Russia. Already in May, Moscow's tenuous international position prompted it to make concessions in order to sign a landmark gas supply agreement – the "Power ...
Tags: Oil, Metallurgy, Mineral, Energy
Hershey has acquired an 80% stake in the Shanghai Golden Monkey Food Joint Stock (SGM), a privately held confectionery company based in Shanghai, China. Shanghai Golden Monkey Food Company product range includes Golden Monkey candy, ...
Bob Evans Farms' investor Sandell Asset Management said that at least six private-equity firms are eyeing the company's food business, BEF Foods. As reported in the Wall Street Journal, the potential bidders for Bob Evans include Spirit ...
Tags: Equity Firms, Food Business, Food
Panasonic is reportedly considering to buy a stake in Ficosa International to expand its automotive parts business. Panasonic is considering to develop similar driver assistance systems that Ficosa makes and it is also aiming to jointly ...
Tags: Panasonic, Buy Stake, Accessories
President Chao Ying-chen for TSMC Solar, a CIGS thin-film PV module maker wholly owned by Taiwan Semiconductor Manufacturing Company (TSMC), reportedly will resign in October, according to PV industry sources in Taiwan. In response, TSMC ...
Tags: president TSMC, resign, Lighting
Australian private equity firm Archer Capital is looking for a joint venture (JV) partner in Asia for its Brownes Dairy unit. As reported in the Wall Street Journal, the move comes in response to the dominance of retailers, which have ...
Tags: Archer Capital, Brownes Dairy, Food
Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...