General Mills - the maker of Cheerios, Betty Crocker and Yoplait – is planning to shut two of its plants in Canada and the US in Ontario and Indiana, respectively. The closure is in line with the company's strategy to save around ...
Brazilian investment firm 3G Capital Partners is looking at acquiring new food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The company is discussing the possibility of acquiring $14bn worth ...
Brazilian investment firm 3G Capital Partners is mulling to acquire food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The Wall Street Journal reported that the company is discussing the possibility ...
Tags: 3G Capital Partners, food, beverage, Agriculture
Australian pie franchise Pie Face has made a comeback from voluntary administration, with the appointment of a new CEO and the signing of a Deed of Company Arrangement. Pie Face launched in Sydney in 2003 and now has 89 stores across ...
Tags: savoury pies, pastries, cakes, muffins, coffee, Agriculture
The president and chief operating officer of Japanese airbag maker Takata has stepped down from his post as a result of recalls of millions of vehicles carrying the company's defective airbags. Takata announced in a statement that Stefan ...
Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble
Siemens may be saying Auf Wiedersehen to its healthcare business, but won’t be taking it public anytime soon. The German giant announced in November that it would legally separate its healthcare business from the rest of the ...
Tags: molecular biology, x-ray equipment, Health
Beijing announced a national property registration system on Monday, the rules of which will take effect on March 1, The Wall Street Journal reported, citing a document published on the central government's website. The rules, which ...
Nike, Inc. reported earnings rose 22.7 percent in the second quarter ended Nov. 30, to $655 million, or 74 cents a share, exceeding Wall Street's consensus estimate of 70 cents. Revenues grew 14.8 percent to $7.38 billion. Nike Brand ...
Tags: product type, geography and key category, Sporting Goods
Scientists have discovered that using a stent-retrieving device to remove blood clots from the brain can significantly help patients recover from stroke. According to The New York Times, the technology may be a game changer for patients ...
Posted in Regulatory and Compliance by Kristopher Sturgis on December 12, 2014 Bill Maisel, director of science at the FDA’s Center for Devices and Radiological Health, holds CRM devices. Earlier this week the science chief of ...
Tags: Medical Device, Drug Administration, Health
According to the data from US Commerce Department, US retail sales keeps growing in November due to the rebound of auto sales in the US. The data says that US retail sales increases 0.7% to $44.93 billion. The growth rate of retail sales ...
Tags: Retail Sales, Auto Parts
Honda is planning to expand the Takata airbag related recall to three million vehicles in the US. Previously the company recalled around 2.8 million vehicles mostly in humid areas of the US, where humidity could make the inflators more ...
Three down, two to go when it comes to major regulatory hurdles that Medtronic and Covidien need to clear for their proposed $43 billion merger. The U.S. Federal Trade Commission, the European Union and Canada’s Competition Bureau ...
DSW Inc. reported third-quarter earnings declined 9.8 percent to $49.6 million, or 55 cents a share. But earnings came in better than Wall Street estimates and sales in all major categories accelerated compared to the first half. Comparable ...
Tags: women's footwear, Sporting Goods