China's central bank has drafted new rules to tackle risks from shadow banking, in a tacit acknowledgment that a host of measures in recent years to control off balance sheet credit have failed to control its risks, the Financial Times ...
Tags: Shadow Banking, balance sheet
US-based containerboard and corrugated packaging products producer KapStone Paper and Packaging has acquired the assets of Carolina-based Associated Packaging, and Fast Pak (API) for undisclosed amount. Employing 77 people, API is engaged ...
Tags: Kapstone Paper, Packaging
International technology group Andritz has purchased technology and intellectual property assets from Swedish firm Franssons Recycling Machines. Based in Sundsvall, Franssons Recycling manufactures and produces machinery for recycling ...
Tags: Andritz, International technology
Sappi has announced plans to invest at its facilities in Europe and the US in a bid to increase capacities for packaging and specialty paper. In the next three years, the firm intends to invest $140m in equipment upgrades and production ...
Tags: Sappi, Packaging, Specialty Paper
Renault has acquired Power Vehicle Innovation (PVI), a specialist in the electrification of Light Commercial Vehicles. The assets of PVI, which boasts recognised expertise in the design and conversion of commercial vehicles running on ...
China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets
Finland's Supreme Administrative Court has upheld a decision to impose a fine of €70m on dairy giant Valio for abusing its dominant market position in the domestic milk market. With the decision, the court has ended a long legal ...
Tags: Finland, Lowering Milk
Fortis Solutions Group, a provider of printing, packaging, and labeling solutions, has acquired US-based Action Packaging Systems to strengthen its business. Action Packaging Systems is engaged in providing pressure sensitive prime, ...
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
DuPont Nutrition & Health has announced that it will sell its global food safety diagnostics business to a Warburg Pincus portfolio company Hygiena. However, the financial terms of the transaction were not disclosed. The acquisition ...
Tags: DuPont, Food Safety, Hygiena
Jia Yueting for the two time in the "Chinese entrepreneurs" annual meeting. First, in December 2015, to meet the "noble" of Liu Chuanzhi, and bring a series of practical interest; second, December 2016, in order to hold a free conference. ...
US-based label supplier Walle has installed Paper Converting Machine Company’s (PCMC) Fusion C flexographic press, as part of its efforts to enhance manufacturing operations. Fusion C includes fast make-ready and waste-saving ...
Tags: label, Walle, Paper Converting Machine