What sits on the grocery shelf is often not what it seems — especially regarding olive oil, honey, fish and wine. The National Center for Food Protection and Defense estimates that Americans pay $10 billion to $15 billion annually for ...
Tags: Food Protection and Defense, food safety, US
Samsung will acquire 3% of Sharp for 10.4 billion yen (HK$856.8 million) to secure liquid crystal displays for smartphones and televisions. It is emphasising OLED technology that offers sharper, brighter images while consuming less power. ...
Tags: Samsung, Sharp, OLED technology
A U.K. court has invalidated three Samsung patents that cover 3G technology in two rulings in cases between Samsung and Apple, according to court filings published on Thursday. Samsung alleged that Apple infringed on the patents with ...
Tags: Samsung patents, 3G technology, Apple
Taiwan's Foxconn Technology Group said it was still negotiating a deal for greater cooperation with Sharp, despite the Japanese display-maker's securing a $110 million investment to supply LCD panels to rival Samsung Electronics. Sharp's ...
Tags: Foxconn Technology Group, Samsung Electronics, LCD panels
Michael Dell is facing new opposition to his plan to take his eponymously named company private after "activist investor" Carl Icahn demanded a $15.7bn (£10.4bn) special dividend. The billionaire investor wants to force Dell to pay ...
Tags: Dell, Carl Icahn, company news
Icahn, in a letter made public by the company's board of directors, said the plan to take the company private in a $US24.4 billion ($A23.9 billion) buyout led by founder Michael Dell "is not in the best interests of Dell shareholders and ...
Tags: Icahn, Michael Dell, company news
ConAgra Foods, Cargill and CHS are set to combine their North American flour milling businesses to form a new flour milling company known as Ardent Mills, which will cater to the customers in the baking and food industries. Ardent Mills ...
Tags: Foods, Agriculture
South Korean firm Samsung is to buy a three per cent stake in its Japanese rival Sharp for 10.4bn yen (£73m). Sharp has been struggling to restructure its operations as it continues to make losses; the firm has forecast its biggest ...
Samsung is to buy 3% of Sharp for $110m. Key to the deal is Samsung agreeing that it will have 'no involvement in Sharp's business development in any way or form.' It is thought that a potential deal with Foxconn foundered when the ...
Tags: Samsung, Sharp, company news
Denmark-based Carlsberg Group has decided to acquire additional 30.29% shares in Chongqing Brewery Company in China. At RMB 20 per share, the total purchase price for the additional 30.29% stake in CBC will be around RMB 2.9bn ($461.49m). ...
Xylem Lowara has launched a new solar powered submersible pump specifically designed for domestic applications. The RainPerfect pump harnesses the power of the sun allowing for efficient electrical operations without the constraints or ...
Tags: Xylem Lowara, solar powered submersible pump, domestic application
According to foreign media reports, South Korean electronics giant Samsung is running the final negotiation with Sharp, it might invest about 10 billion yen (about U.S. $ 107 million) and purchase a 3% stake of the latter. Sharp, Sony and ...
Tags: Samsung, Sharp, purchase, company news
Indian Essar group (Essar) is planning to spend about US$275 million to set up a ten million ton port in Mozambique. The port will facilitate exports from Zisco, a Zimbabwe based company Essar acquired in 2010 with 56% stake that cost ...
Tags: Essar, Mozambique, exports
Dutch financial conglomerate ING has agreed to dispose of its 36.5% % stake in Brazilian joint venture (JV) SulAmérica, to its partner Larragoiti Family, for an undisclosed sum. Without revealing further terms of the agreement, the ...
The local sharemarket retreated from a 4 1/2-year high yesterday before last-minute budget talks at the White House aimed at avoiding $US85 billion ($83bn) of automatic US spending cuts, the so-called sequester, which were due to take ...
Tags: sharemarket, Shares, benchmark