BlackBerry's biggest shareholder is reportedly preparing a bid for the troubled smartphone maker. Fairfax Holdings, an insurer run by Toronto, Ontario-based investor Prem Watsa, holds a stake of around 9.9 per cent in BlackBerry, having ...
Tags: Blackberry, Computer Products
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
Voith Hydro starts operating under its proven brand name also in Sweden: The Swedish operating unit, formerly active on the market as VG Power AB, will now be trading under the name of Voith Hydro AB. With the name change the company ...
Eurofins Scientific, a global food and pharmaceutical product testing services provider, has acquired an 81% stake in Agrisearch Services and its wholly-owned subsidiaries Agrisearch Analytical and Agrivet Services, for an undisclosed ...
The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life
China XD Electric Co., Ltd. announced on Friday a strategic alliance with the General Electric Company to tap China's vast electrical infrastructure market. The Shanghai-listed company in May of this year transferred a 15 percent stake ...
Tags: Electrical, Electronics, electrical infrastructure market
Companies in China, whose tainted milk powder scandal in 2008 left six dead and more than 300,000 sick, are vaunting tie-ups with French dairies to shore up their image but some fear this could backfire for Paris. Chinese firm Biostime ...
Tags: Dairy Firms, milk powder
Indonesia's Indofood Sukses Makmur (Indofood) has increased its stake in Singapore-listed vegetable processor China Minzhong Food (CMFC) to more than 50%, through direct market purchases. Earlier this week, Indofood launched a mandatory ...
Tags: Indofood, Minzhong Food
Permeability rate for the automotive LED lighting is on the rise. However, the market is still plagued with such problems as strict product regulations and lengthy authorization periods for human resource costs. Despite this, automotive LED ...
Tags: Epistar, Lighting Market
Taiwan- and China-based LED chip makers are expected to lay the emphasis on market share gains over the next two years, instead of profitability which was primarily considered in the past, according to chairman Lee Biing-jye for ...
Tags: LED Makers, Epistar
Subaru of China (SOC), a China-based sales subsidiary of Fuji Heavy Industries (FHI), has completed procedures to form a joint venture with Chinese auto dealer group Pangda Automobile Trade. This deal is aimed at consolidating Subaru's ...
Tags: Fuji Heavy Industries, Auto
The Australian Competition and Consumer Commission will not oppose the proposed acquisition by Air New Zealand Limited (Air New Zealand) of an additional 6 per cent of Virgin Australia Holdings Pty Ltd (Virgin). On 3 September 2013, the ...
Investment fund Starboard Value LP, one of majority shareholders of the largest US pork producer Smithfield Foods (SFD), planned to vote against the merger between SFD and Shuanghui International Holding, said foreign sources. Starboard ...
Tags: Agriculture, shuanghui, Food, pork
Taiwan's Ministry of Economic Affairs (MOEA) has given a conditional approval to China-based LED epitaxial wafer and chip maker Sanan Optoelectronics' proposal to invest NT$2.352 billion (US$78.4 million) in Taiwan-based fellow maker ...
Barry Callebaut has unveiled a new cocoa processing facility in Makassar, Indonesia through its joint venture (JV) with Comextra Majora, following an investment of $33m. The swiss cocoa and chocolate products manufacturer entered into the ...
Tags: Cocoa Facility, Barry Callebaut