With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
CoreTec One Waterproof Engineered Flooring, new from Beaulieu America and USFloors. Beaulieu America has reached a distribution agreement with US Floors for a new line of waterproof products. Featuring USFloor' patent pending CoreTec ...
Tags: Waterproof Product, Floors, Construction
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has entered into an amended and restated rights agreement to extend the expiration ...
Tags: stockholder rights, Electrical
Golden State Foods (GSF) owned KanPak US has finalized the acquisition of the Emmi Penn Yan Factory, a production facility for aseptic dairy products in Penn Yan, N.Y. KanPak U.S. is a joint venture partnership with Golden State Foods, ...
Tags: liquid products, dairy, meat, Agriculture
Parmalat Australia, a subsidiary of Parmalat, has signed an agreement to acquire Longwarry Food Park, which specialises in the production of milk powders, cream cheese, plus fresh and UHT milk products. The stipulated enterprise value of ...
Tags: milk products, cream cheese, Agriculture
Parmalat Australia, a subsidiary of dairy firm Parmalat, has agreed to acquire Longwarry Food Park for $67m. An agreement to this effect was signed by the company. Longwarry Food Park, which operates in the state of Victoria, ...
Tags: milk, dairy products, fruit beverages, Agriculture
US automaker General Motors has developed contingency plans for wider recall related to Takata air bag inflators. Reuters reported that the widening of the recall could lead to repair millions of vehicles. The company is also planning ...
UK retailers have welcomed a historic and landmark European agreement to cap the anti-competitive cost of processing debit and credit card payments (interchange fees). According to the BRC – whose members have long campaigned ...
Tags: credit card, Payment Systems, Furniture
This week, Altos Hornos de Mexico S.A.B. de C.V. (AHMSA) presented a civil court request in Monclova, Coahuila, to lift the suspension of payments to creditors. The application is supported by a general agreement with the required ...
Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers, has announced that it has successfully closed the acquisition of the Pirelli steel cord plants in Italy, Romania, and Brazil. As a part of this ...
Tags: steel cord, wire manufacturers, Metallurgy
In recognition of the importance of sustainable parking facilities and practices to the development of sustainable communities, the Green Building Certification Institute (GBCI), the certification body for the U.S. Green Building ...
Tags: parking, architecture, engineering, technology, Construction
BASF and Shell have reached an agreement for BASF to sell its share in the 50-50 joint venture ELLBA Eastern, Jurong Island, Singapore to Shell. The joint venture, which is operated by Shell, produces styrene monomer and propylene oxide. ...
Mexican baking company Grupo Bimbo's subsidiary Canada Bread has agreed to acquire Saputo Bakery, a subsidiary of Canadian dairy company Saputo, in a C$120m ($103.27m) deal. This acquisition of Canada's leading producer of snacks cakes ...
Tags: Canada Bread, Saputo Bakery, snacks cakes
Mexican food firm Grupo LALA has agreed to acquire assets of Nicaraguan food company Eskimo for an undisclosed amount. An agreement to this effect was signed by both the companies, with the transaction to be closed after obtaining ...
Tags: ice cream, milk and yoghurt, Agriculture
Thai Union Frozen Products (TUF) has agreed to acquire Bumble Bee Seafoods from pan-Atlantic private equity firm Lion Capital for $1.51bn. An agreement to acquire 100% of the shares of Bumble Bee Foods has been reached by TUF. Bumble ...
Tags: Seafoods, Agriculture