China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
Alcoholic and non-alcoholic beverages producer Thai Beverage (ThaiBev) has expanded its business with the establishment of a new venture in East Timor. The expansion forms a part of ThaiBev's strategy to invest around THB5bn ($153.2m) ...
Tags: Thai Beverage, Alcoholic beverages
Australia based private equity investment firm Pacific Equity Partners (PEP) has agreed to acquire Kerry Pinnacle, the Australian subsidiary of British baked goods firm Kerry Group. Reuters reported citing a person with knowledge of ...
Tags: baked goods, Kerry Group
China's high speed rail manufacturers China North Railway (CNR) and China South Railway (CSR) announced that their merger had passed overseas antitrust scrutiny. According to local laws, antitrust regulators -- in this case in Australia, ...
Tags: Transportation, CNR, high speed rail
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
The Australian Foreign Investment Review Board (FIRB) has approved $1.13bn bid by JBS USA to acquire Australian Consolidated Food Holdings (Primo), said treasurer Joe Hockey. With this approval, US subsidiary of the Brazilian meat ...
Tags: meat processing, Pork
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
The Australian Government has granted Australia Post its desired radical service delivery reforms, most importantly a two-speed letter delivery service and possible price increases. Australia Post is facing significant structural decline ...
Honeywell has launched a new range of retail barcode scanners, designed to enable retailers to better connect with customers and minimise checkout time. “Mobile commerce continues to shape the retail industry across Asia Pacific and ...
Tags: Scanners, Mobile commerce
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Floreon, a tougher and easier to process bioplastic material produced by UK-based Floreon Transforming Packaging, has been granted a patent. The bioplastic is polyester-based polymer blend with a standard bioplastic, polylactic acid ...
Tags: Bioplastic Material, Floreon
Anti smoking groups in New Zealand are lobbying with the government to speed up the procedure for passing plain tobacco packaging legislation. Last week, Ireland successfully passed the plain tobacco packaging legislation, becoming the ...
Tags: Tobacco, Plain Packaging
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy
Ireland has passed a new law introducing plain tobacco packaging, becoming the first country in the EU, under which all forms of branding, including logos and colours for cigarette packs will be prohibited. The new law, which prompts the ...
Tags: Packaging Law, Cigarette
Global confectionery company Nestle has announced it will remove artificial flavours and FDA-certified colours, such as Red 40 and Yellow 5, from all of its chocolate confectionery products in the US by the end of 2015. Nestle USA said ...