The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Brakes, the largest UK food distributor, by Sysco, the largest US food distributor. The Commission found that the takeover would not adversely ...
US-based global coatings manufacturer Valspar has launched its premium paint for the European DIY market in Paintainer pails from RPC Superfos featuring a golden metallic look and a new design. For its entry into the market, Valspar came ...
Tags: Premium Paint, Paintainer
Volkswagen has secured approval from Germany’s federal motor transport authority, Kraftfahrt-Bundesamt (KBA), to fix emissions software on several models. The company has already sent a letter to all of the affected owners, ...
Tags: Volkswagen, noise emissions
American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
Audi announced that from June 2016, its compact models will be equipped with a new filter in the air conditioning system, which not only removes fine particulates and harmful gases, but can also neutralize majority of allergens. With the ...
Tags: Audi, Air Conditioning Filter
QuadPackaging has streamlined global brand management with improved GlobalPassport solution. The optimized GlobalPassport brand management service protects brand identity and ensures quality and consistency of cartons, tags, labels and ...
Tags: QuadPackaging, GlobalPassport
The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...
"We not only produce energy-efficient bulbs, but also strive to take the quality of lighting to the next level," says Michael Yu, CEO of the Taiwan-based Liquidleds. He made the comment while marking the debut of the world's first soft ...
Tags: LED Filaments, LED light bulbs
MorningStar Farms, a plant-based food brand, has launched the Veg Effect Calculator – an innovative tool to help people see the powerful impact a veggie meal can create on the environment. With a few simple calculations, people can ...
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
On April 13, 2016, SF-EXPRESS and NAVECO signed special cooperation agreement in Beijing. Leaders of both companies attended the signing ceremony and delivered the speeches. They highly affirmed the cooperation of more than ten years, and ...
Tags: NAVECO, SF, Coperation
Tyson Foods is planning to construct a new chicken processing facility at an investment of $136m, near its existing poultry plant in Green Forest, Arkansas. The new 200, 000ft2 processing facility will be located across the street from ...
The US Food and Drug Administration has given green signal for folic acid fortification of corn masa flour. The approval will allow manufacturers to voluntarily add up to 0.7 milligrams of folic acid per pound of corn masa flour, making ...
Tags: folic acid, Corn Masa Flour