GO2 Foods has acquired Yorkshire-based pudding maker Real Yorkshire Pudding Company (RYP) from its founder Paul Holmes. GO2 Foods is a new business which was founded by food industry executives. The deal will see RYP managing director ...
Tags: Real Yorkshire Pudding, GO2 Foods
Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
China backed electric and autonomous vehicle startup Faraday Future has unveiled its first concept car, ‘FFZERO1 Concept’, a self driving Batmobile style car capable of producing up to 1,000hp. The car is powered by 4 Quad ...
China is the world's largest producer and exporter of rare-earths. These are elements which are critical to the manufacturing of high-tech products, including smartphones, wind turbines and car batteries, among other things. However, ...
Tags: Rare Earth, smartphones
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
China's outbound M&A volume increased for the sixth consecutive year to a record high of $111.9 billion in 2015, breaching the $100 billion mark for the first time ever, says a recent report from Dealogic, an international information ...
Tags: Outbound M&A
Two Chinese nuclear power giants on Wednesday concluded a deal on a joint venture to promote China's third-generation nuclear reactor design, Hualong One, in overseas markets technologies. The Hualong international nuclear power ...
It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...
Tags: Special Fund, Zombie Companies
It's been revealed Chinese property developer Vanke may be poised to try to issue new shares as part of an acquisition. In a filing to the Hong Kong's stock exchange, Vanke says it’s considering acquiring a company in a share and ...
Tags: Vanke, New Shares
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
The Chinese government's leading think-tank has released a new study downplaying concerns about the level of debt being held by local governments, suggesting that more spending needs to take place to cope with social issues. On the heels ...
Tags: People's Livelihoods
The Chinese government has welcomed the agreement reached by Japan and South Korea on Japan's wartime sexual slavery of Korean women during World War II, calling on Japan to deal with historical issues in a responsible way. Chinese ...
Tags: Sex Slavery Deal
China's leading rail producer, the China Railway Construction Corporation, has signed agreements with the west African countries of Senegal and Mali to renovate a rail line linking the two countries. The project itself is worth around 2.7 ...
Tags: CRCC, West Africa Rail Line
Russia and Egypt signed an agreement on Thursday for Russia to build a nuclear power plant in Egypt. Egyptian President Abdel Fattah al-Sisi said the project would involve the building of a 'third-generation' plant with four reactors. ...
Tags: Nuclear Power Plant
It's being reported Hon Hai Precision Industry, aka Foxconn, may be prepared to spend around 2.5 billion U.S. dollars to acquire Sharp Electronics. The proposed price is said to be about 50 percent higher than Sharp's current market ...