Chinese telecom equipment giant Huawei Saturday launched an Innovation and Experience (I&E) center in Lagos, Nigeria's economic hub with an investment of six million U.S. dollars. The center, being the first in West Africa, is set up to ...
Tags: Huawei, Consumer Electronics
The Chinese government will further streamline approval procedures for foreign investment across the country to better attract overseas investment and improve China's business environment. A new legislative guideline was approved during ...
Tags: Ease Rules, China, Foreign Investors
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
National Bed Federation (NBF) membership has passed the 100 mark, with a total of 65 UK bed and mattress manufacturers and 36 suppliers to the association. The approved trade body has seen membership double in the last 10 years. Some of ...
Tags: NBF, membership, SCSA
By 2020, the core function of Beijing National Science and Technology Innovation Center will further strengthen and become a global science and technology innovation center. In terms of the new energy automotive innovation layout, Beijing ...
Tags: Energy Auto R&D Center, M
Samsung Electronics Co., Ltd., the world leader in advanced memory technology, announced today that it has begun mass producing the industry’s first 10-nanometer (nm) class* , 8-gigabit (Gb) DDR4 (double-data-rate-4) DRAM chips and ...
Tags: Samsung, 10nm-class DRAM, DDR4
An investor coalition worth $1.25tn is set to persuade 16 multinational companies to identify risks associated with industrial animal production and device strategies to roll out plant-based sources of protein. The coalition urges the ...
Private equity investment firm Paine & Partners has entered into an agreement to acquire food safety and food quality solutions platform Global ID Group. However, financial details of the transaction were not disclosed. Headquartered in ...
Tags: Paine&Partners, Global ID, food safety
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
Algaia, following its declaration of intent last week to acquire Cargill’s Alginate business, announces the name of its new investor. Upon closing, Algaia will welcome Maabarot Products in its shareholding structure. Maabarot, a ...
Tags: Algaia, Cargill, Alginate business
Sinopec’s continuous liquid phase diesel hydrogenation technology with independent intellectual property rights recently won the bidding of a PMB project of Hengyi Industries Sdn Bhd in Pulau Muara Besar, Brunei. The PMB project with ...
The European Bank for Reconstruction and Development (EBRD) has offered a loan of $2.28m to Berk group, a Turkmen brewing company, to foray into salty snacks business. The new salty business is expected to complement Berk’s beer ...
Tags: Berk, EBRD, loan, salty snacks business
On August 25, Liu Zhenya, Chairman of Global Energy Interconnection Development and Cooperation Organization (GEIDCO) and Chairman of China Electricity Council (CEC) held talks with Mongolian State Great Hural Chairman (Speaker) Enkhbold ...
Tags: Liu Zhenya, GEIDCO, Enkhbold, Alden Bart
On November 10, the third 10 billion yuan of corporate bonds in 2015 issued successfully in the inter-bank market, and on next day, the money was fully funded. These bonds were in bookkeeping way and unsecured with fixed-rate, including 8 ...
Tags: corporate bonds, inter-bank market
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the ...