Singapore-based food and beverage company Food Empire Holdings has entered into a joint venture agreement with Sweet Blossom Holdings with an initial investment of $13.6m. Together, the companies have set up a joint venture company ...
Tags: Food Empire, Sweet Blossom, Investment, HVPL
MTU Friedrichshafen, a subsidiary of Rolls-Royce and Chinese company Guangxi Yuchai Machinery have started a joint venture. Each company will invest an amount of 75m RMB (around 10.5m Euro). Under the licence from MTU, of MTU diesel ...
Tags: Rolls-Royce, MTU Engines
The British luxury automaker has formed a joint venture with Chinese technology company LeEco to produce an electric car to be marketed by 2018. The joint venture is reportedly working to bring an electric car based on Aston Martin's ...
Tags: Aston Martin, LeEco, Electric Car
Japanese food company Ajinomoto and Japanese technology company Nippon Rika through a joint venture has established a company to manufacture Cysteine Hydrochloride, an amino acid that is used for food products and flavorings. The new food ...
Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group. Daimler ...
Tags: Daimler Trucks, truck, Iranian Market
UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
The Indian government has rolled out numerous large scaled LED bulb distribution projections across the nation, but not all Indian consumers are warming up to the low-priced bulbs, according to a report from The Deccan Herald. It has been ...
Smartphone brands in China are expected to enter a new phase of consolidation in 2016 as some vendors have sold their sub-brands or introduced new strategic partners, according to industry sources. Smartphone brands in China were active ...
Tags: Coolpad, Nubia, Smartphone
Two Chinese nuclear power giants on Wednesday concluded a deal on a joint venture to promote China's third-generation nuclear reactor design, Hualong One, in overseas markets technologies. The Hualong international nuclear power ...
A Japanese internet company has developed a new feature for smartphone App, by which users can search real-time information of vacant seats in restraurants on a map and make booking immediately. Yahoo Japan Corporation, a Japanese ...
An arbitration award has ordered China's Aviation Industry Corporation or AVIC to pay over 70 million U.S. dollars to an U.S. wind firm for breach of contract. AVIC did not immediately respond to requests for comment. Dallas-based Tang ...
Tags: China's AVIC, U.S.Wind Firm
Chery Automobile has become the first Chinese automaker to have produced five million cars. The five millionth, Chery's best-selling model Arrizo5, rolling off a production line on Friday capped a good year for the company in defiance of ...
Tags: Chery, 5 Mln Cars
Australian ASX-listed fast food chain Domino’s Pizza has announced it is acquiring Germany’s largest pizza chain Joey’s Pizza. Following the October purchase of Western French chain Pizza Sprint, increasing the presence ...
Tags: Domino's Pizza, Joey's Pizza, Food
Japanese UV LED manufacturer Nikkiso is collaborating with Formosa Plastics Group to build the world’s largest UV LED factory in Taiwan, reported Japanese media Nikkei. The UV LED factory will be entering mass volume production ...
Tags: UV LED, fluorescent UV lamps