Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
Cairo based Al-Nour Company for Dairy Product has placed a new bid to acquire 100% shares of Arab Dairy Product Company (ADPC). The Egyptian Financial Supervisory Authority (EFSA) has approved Al-Nour's decision to purchase the company ...
Tags: Dairy Product, Agriculture
H.B. Fuller Company has announced that it has signed an agreement to purchase Continental Products Limited, a provider of industrial adhesives in East and Central Africa. This business will generate approximately 2.3 million in revenue for ...
Tags: key customers, market knowledge, customer relationships, Construction
Following Germany based Rocket Internet receiving fiscal and anti-trust approvals for its Global Fashion Group (GFG) concept, Indian online fashion retailer; Jabong.com would also be boarding GFG. Rocket Internet is a major investor in ...
Tags: eCommerce, marketplaces and financial technology, Apparel
One of Saudi Arabia’s largest food producing firms Savola Group has entered the final round of negotiations with Takween Advanced Industries for the sale of its packaging unit, Takween. Savola had announced the signing of a ...
Tags: food, retailing, Agriculture
Adhesives manufacturers HB Fuller will be acquiring East and Central African provider of industrial adhesives Continental Products. This transaction is expected to generate approximately €2.3m in revenue for the 2014 fiscal year. ...
Tags: paper converting, printing, labeling, Agriculture
Apple Pay could be introduced to UK retailers ‘in the first half of 2015’, latest reports have suggested. According to the Telegraph, Apple is currently in talks with a number of British banks over plans to introduce Apple Pay ...
Tags: Apple, Consumer Electronics
China's crude imports from its major suppliers rose significantly in November versus a year ago, with Russian cargoes hitting a record high, although shipments from top exporter Saudi Arabia fell 5.9% to 3.99 million mt, detailed data from ...
Tags: Crude Imports, pipeline oil
BASF and Gazprom have agreed that they will not complete an asset swap, which was planned for the end of the year. “We regret that the asset swap will not be concluded. We will continue our cooperation of over 20 years with Gazprom ...
Tags: targeted oil, gas-rich regions, Construction
The ecigarette company ECigaretteDirect.co.uk, which is based in Swansea, has been chosen to be a candidate for Living Wage Champion Awards 2014. ECigaretteDirect sells ecigarettes and vape product online and also through stores located all ...
PPG Industries has announced that it has entered into exclusive negotiations with the Axson Group to acquire Revocoat, a global supplier of sealants, adhesives and damper products for the automotive industry. PPG expects the transaction ...
PepsiCo has expanded its presence in the Middle East with the opening of a new snack production plant in Dammam, Saudi Arabia, which will employ close to 300 people. Said to be the company's 15th location in the Middle East, the plant ...
Tags: PepsiCo, snack production
According to organisers of FESPA Eurasia 2014, which took place December 4-7 in Istanbul witnessed over 8,600 visitors attending the event, up 30 per cent from last year. To begin with, FESPA Eurasia secured commitment from many local and ...
Tags: digital printing, screen printing, signage, textile
Apple is seeking help to bring its Apple Pay mobile payments platform to new territories, a job posting on the company’s website has revealed. According to the listing, identified by iClarified (via Apple Insider), the Cupertino ...
Tags: Apple, Consumer Electronics
Philippines is set to receive an investment worth P500m in its poultry industry next year due to strong domestic demand and opening of new foreign markets, Philippines Department of Agriculture said. Manila Bulletin cited Agriculture ...
Tags: chicken, Agriculture