Nothing gets reads like a shadow banking story. Articles on China's local government debt pull page views too, conjuring images of small-town officials erecting enormous stadiums or skyscrapers on the edges of corn fields. Often left out of ...
Tags: Chinese Companies, Debt Crisis
Final numbers are in and August was a good month for Classes 5-8 truck orders, ACT Research reports. However, the industry forecaster said a lack of sustained economic growth is proving to be a drag on Class 8 demand, and build ...
Tags: Transportation, Auto Parts
Yang Huiyan, 32, has become China's richest woman of 2013 with a fortune of 51 billion yuan ($8.33 billion), according to Hurun China's Women Rich List 2013, released by the Hurun Research Institute in Shanghai on Tuesday. More than half ...
Tags: Female Billionaires
The Architecture Billings Index (ABI) showed more acceleration in the growth of design activity nationally. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between ...
Tags: Construction, Decoration
Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash. Dakota Growers is located in Carrington, North Dakota, where it ...
Tags: Post Foods, Dakota Growers Pasta
Huntsman Corporation and Rockwood Holdings, Inc. announced that they have entered into a definitive agreement whereby Huntsman will acquire Rockwood’s Performance Additives and Titanium Dioxide (TiO2) businesses. Under the terms of ...
Packaging Corporation of America (PCA) has signed an agreement to acquire Boise, a manufacturer of packaging and paper products in the US, for about $1.9bn. The acquisition will allow PCA to increase its containerboard capacity to about ...
Tags: Packaging Corporation
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
City analysts remain doubtful about media reports speculating Premier Foods is considering selling its Hovis brand to the world's biggest baker Grupo Bimbo. Panmure Gordon was sceptical about rumours suggesting Grupo Bimbo will acquire ...
Tags: Agriculture, Food
The sale of BlackBerry is in danger of descending into a dismemberment as the buyers that have so far indicated an interest in the company are only interested in purchasing parts of the smartphone maker. According to Reuters, interest in ...
Tags: Blackberry, Computer Products, smartphone
BEIJING-Signs of more appetite in China for steel and other materials and equipment used in construction add to evidence of an economic rebound, but one driven by a return to ramped-up spending on infrastructure and heavy industry the ...
Tags: Steel, Metallurgy, Mineral, Energy
An increasing focus on brands and a revamped management structure have been pinpointed as two reasons why profits at the Real Good Food Company (RGFC) rose by 24% to £10.5M this year. "We are already discussing the potential for ...
Tags: Agriculture, Food, Good Food
Morrisons' half-year results delivered another disappointing read, concluded Shore Capital, which nevertheless upgraded its share advice from 'sell' to 'hold'. Morrsions' half-year results divided City opinion Analysts Darren Shirley ...
Tags: Agriculture, Food
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners