Repsol has begun production at the Margarita 6 well in the south of Bolivia which, with six million cubic metres of gas a day, is the most productive well in the history of the country and of the whole Sub-Andean basin, which extends to ...
German automaker Daimler has entered into a equity collar agreement with Tesla Motors, a US-based manufacturer of electric vehicles and electric vehicle powertrain components. As per the agreed terms, Daimler, which already has 4% in ...
Tags: Tesla Motors, Daimler
Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...
Hershey Netherlands, a wholly-owned subsidiary of Hershey, has signed an agreement to acquire 80% stake in Shanghai Golden Monkey Food JSC (SGM) for an undisclosed amount. Financial terms of the transaction were undisclosed. With ...
Tags: Hershey Netherlands, chocolate
The early morning highlights from the major news organizations examine today's deadline for enrolling for health insurance that would begin Jan. 1, as well as a variety of other health law stories and several articles on mental health ...
GRILLiT has acquired a 10% equity share in Natura Foods, the exclusive distributor of Gaucho Ranch-branded South American natural and organic grass-fed beef. The company has also entered into a mutually exclusive supply agreement with ...
Tags: Natura Foods, GRILLiT
Thanksgiving is a time to celebrate family and friends, enjoy the fall harvest, and to stuff our faces full of delicious food. ?No matter your specific traditions, I'm certain the stuffing-of-faces is common across all Thanksgiving tables. ...
LED epitaxial wafer and chip maker Epistar has announced it will increase its investments in two China subsidiaries: an additional US$34 million for United LED (Shan Dong), which it owns a 60% stake, in northern China; and US$20 million for ...
Tags: China Subsidiaries, LED epitaxial
Petrobras announces the discovery of an oil accumulation on concession BM-POT-17, the first in deep waters of Potiguar Basin, in its portion located in the state of Rio Grande do Norte. The discovery was made while drilling well ...
Tags: Petrobras, oil accumulation, BM-POT-17
On December 19, China Huarong Asset Management Co. (China Huarong), one of China's four state-owned asset management companies, announced that it has formally become a shareholder of Tianjin International Mining Exchange. Details regarding ...
Tags: shareholder, Tianjin, mining
On December 17, Zhenjiang Province-based Chinese stainless steel pipe and tube producer Zhejiang JIULI Hi-tech Metals Co. (JIULI Hi-tech Metals, formerly known as Jiuli Stainless Steel Pipe Co.), a listed subsidiary of Zhejiang JIULI Group ...
Tags: steel, metallurgy
Germany-based Wuppermann Group, which has been operating in steel processing for over 140 years, has announced that it has acquired a 35 percent stake in Galva Metal A.S., a Turkey-based international steel distributor and steel service ...
Tags: steel, metallurgy
Japanese automotive company Nissan Motor is set to establish a new joint venture company, Nissan Philippines, Inc. (NPI), in collaboration with Universal Motors (UMC) and Nissan Motor Philippines (NMPI). The newly formed company will be ...
Tags: Nissan Motor, Joint Venture
Flint Group has acquired the remaining shares in Tintas Graficas Vencedor (TGV) from Corporacion Peruana de Productos Quimicos ('CPPQ'). The acquisition to fully own TGV will allow Flint Group to improve market position in the liquid ...
Tamil Nadu Generation & Distribution Corporation Ltd (Tangedco) is likely to finalize the main plant package for the Udangudi thermal power project by December-end. Speaking to Electrical Monitor, a senior project official of Tangedco ...
Tags: coal-fired power, electronics