BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa (5%) and Vega (24.5%), the development project Aasta ...
Tags: BASF, oil, gas production
Axalta Coating Systems, one of the global automotive coatings leaders, has announced that Fiat Group Automobiles Mopar Parts & Service and Customer Care division has approved Axalta's three global refinish brands – Cromax, Spies ...
JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
Back in May I read a post by Eyal Rosenberg, CEO of payment automation software maker Nipendo, who made reference to an auto industry survey that highlighted the importance of supplier liquidity, including the negative impact that a slow ...
Tags: Chain Financing, trade tips
Japanese companies TDK and Toray Industries are streamlining their fund transfers to and from China to cut costs, a move many other businesses are expected to follow now that the Chinese government has eased financial regulations. ...
Tags: TDK, Toray Industries
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme. The world's ...
Tags: Metallurgy, Mineral, Energy, Carbon
RF Micro Devices Inc of Greensboro, NC, USA has announced the preliminary results of its special meeting of shareholders held to approve its agreement and plan of merger and reorganization with RF front-end component maker TriQuint ...
Tags: RFMD TriQuint, Electrical, Electronics
Although China has placed a moratorium on polysilicon imports through its export processing zones (EPZs), the measure has yet to show much impact on product pricing, according to PV industry sources in Taiwan. PV firms outside China had ...
Tags: Taiwan, Polysilicon
Numerous developments in the area of vehicle safety are significantly influenced as a result of current NCAP or NHTSA regulations and then realized and implemented by manufacturers and their suppliers. The situation in China is similar, ...
Tags: Auto Parts, Auto Technology, Car, Automobile
As part of the agreement, Cree will invest approximately $83 million to purchase 83 million Lextar shares at a price of NT$30 per share. Lextar and Cree will also enter into a long-term LED chip supply agreement, as well as a ...
Tags: Cree, Lextar, LED Cooperation
New Zealand-based Synlait Milk has secured approval from the Ministry for Primary Industries (MPI) for its dry blending and consumer packaging plant. With the MPI approval of Synlait Milk's Risk Management Programme , the company can ...
Tags: Synlait Milk, Canning Plant, packaging
US-based meat producer Tyson Foods has received approval from the antitrust division of the US Department of Justice (DOJ) for its previously announced $8.5bn purchase of Hillshire Brands. DOJ said that Tyson Foods has agreed to sell its ...
Tags: Tyson Foods, DOJ, Food
Burger King has confirmed the acquisition of Tim Hortons, the Canadian coffee and doughnut chain, for about $11bn, following an approval from the boards of directors of both companies. The deal will create the world's third-largest ...
Tags: Burger King, Acquisition, Food