The Canadian government has approved gluten-free claims on specially produced oats and foods containing trace amounts of gluten. The approval comes after it was found that oats produced and processed to avoid cross-contamination by gluten ...
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
BASF's R-M Automotive Refinish paints has obtained approval for Acura’s in China. R-M products are designed to meet the demand for eco-efficient automotive refinish solutions. R-M waterborne paints are high in quality and efficiency ...
Tags: Refinish paints, Acura
Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco
Brazilian meat processor JBS is exploring opportunities for possible acquisitions in North and South America and Australia. The company will consider acquisitions in the chicken, pork and branded, packaged food industries this year, ...
Tags: meat processor, JBS
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
China has lifted a three-year old ban on Brazilian beef imports, paving way for new sales that could generate around $50m. Earlier in 2012, China suspended beef imports from Brazil over a mad cow disease scare. Brazil President Dilma ...
Tags: Beef Imports, Imports ban
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
SunOpta, an organic, specialty and natural health products manufacturer, has received Non-Genetically Modified Organisms (GMO)/Non-Genetically Engineered (GE) US Department of Agriculture (USDA) Process Verified Program (PVP) Certification ...
Australian wine exports rose by 3.6 per cent in volume and 3.9 per cent in value of wine exports in the 12 months to end of March 2015, according to the latest findings from the Australian Grape and Wine Authority (AGWA). Australian wine ...
Tags: Wine Exports, Wine
Driveline and chassis technology provider ZF Friedrichshafen has acquired TRW Automotive Holdings for an undisclosed amount. TRW Automotive manufactures and supplies aftermarket products, braking products, chassis, commercial steering ...
Archer Daniels Midland (ADM) has agreed to acquire China-based sweetener manufacturer Meiweiyuan Biotechnology. Both the companies have reached an agreement to this effect. Subject to regulatory approval, the acquisition offers ADM ...
Tags: ADM, Meiweiyuan Biotechnology
After an initial testing period of three months on its Eila milk brand, Finnish dairy product market leader Valio has announced its approval of the fully-renewable Tetra Rex Bio-based carton for its Valio Luomu organic milk and sour milk ...
Tags: Tetra Pak, Milk Carton
Orkla has reported a 10% increase in operating profit , totalling NOK 725m in the first quarter of 2015. The Branded Consumer Goods business achieved EBIT (adj.) of NOK 769 million, an improvement of 11% from the first quarter of 2014. ...
Tags: Orkla, Hydro Power
The Italian Government will be granting incentives to Lamborghini to make the company build an SUV in the country. There is a possibility of Prime Minister Matteo Renzi's government offering tax breaks and other benefits amounting to ...
Tags: Lamborghini, SUV