The U.S. Food and Drug Administration (FDA) and agriculture are often on opposite sides of the fence. It’s a love-hate relationship of sorts. The federal agency in part works to protect the U.S. food supply. Yet the FDA has a mixed ...
Tags: Food-Safety, FDA, Agriculture&Food
PayPal, the online third-party payment platform of eBay, is expected to become the first foreign firm to gain a financial payment license in the Chinese mainland. John Donahoe, CEO of the US online auction and shopping service ...
Tags: Service, PayPal, Financial Payment License
Sydney-based Commonwealth Bank of Australia (ASX: CBA) saw three village banks run into operation in Hebei Province, China recently. The three institutions spread in Xinji City and Handan City, each, with small- and medium-sized ...
Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
Aluminij Mostar Aluminum reached an agreement with the Bosnian government to continue production Sarajevo June 17 news: Bosnia official Monday signed an agreement, in order to avoid the country's largest aluminum smelter and exporters - ...
Tags: Processing Machinery
Hindusthan National Glass and Industries Ltd (HNGIL) has decided to cancel the proposed private placements of shares worth Rs 220 crore to three domestic investors. L.N. Mandhana, Senior Vice-President and CFO of the company, told ...
Tags: Construction&Decoration, Glass
CableOrganizer.com, an online retailer of electrical, telecom/datacom/networking and home theatre, cable and wire management products, has announced the majority stake investment and acquisition by KT Capital Partners LP and CapitalSouth ...
Tags: Electrical, Electronics
AOP Orphan Pharmaceuticals has announced the spin-off of its 80% stake in Activartis, a Vienna-based biotech company, to a group of private investors. Activartis has developed dendritic cell-based technology for individualized tumor ...
Tags: AOP Orphan, Medicine
China Mengniu Dairy is set to purchase a 75.3% stake in Yashili International for $1.6bn from its controlling shareholders, Zhang International Investment and CA Dairy Holdings. Yashili is currently one of the largest domestic pediatric ...
Tags: Mengniu Dairy, Yashili
Green packaging manufacturer Cascades has acquired 9% stake in Italian recycled boxboard producer Reno De Medici from Industria e Innovazione. The Canadian firm now owns 217,474,385 common shares of Reno De Medici or 57.6% of the ...
Tags: Green packaging, Cascades
China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
Sony has been urged to create an independent entertainment arm by New York hedge fund Third Point, which has raised its stake in the struggling electronics giant. Third Point has suggested Sony CEO Kazuo Hirai be made chairman of the ...
Tags: Computer Products, software
Dutch financial services firm ING has completed the sale of approximately 7.9% direct stake in Brazil-based insurance provider Sul América to International Finance Corporation (IFC). The sale follows the agreement that ING entered ...
Genmab and ADC Therapeutics have partnered to co-develop a new antibody-drug conjugate (ADC) product conjugate to treat multiple cancer indications. The collaboration will integrate Genmab's high-affinity fully human antibody targeting ...
Tags: Genmab, ADC Partner
Carl Icahn's bid to disrupt plans to buyout Dell have ramped up, with the billionaire offering to pay $14 a share for a majority stake in the company if shareholders help him in reducing the proposed $24.4bn (£15.6bn) offer for the ...
Tags: Dell, Carl Icahn