The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
Applied DNA Sciences has signed a reselling partnership agreement with Action-Pak, a contract packaging services provider for military and commercial supply chains. Action-Pak will be offering DNA-based products, starting with ...
Tags: contract packaging, Action-Pak
UK chancellor Philip Hammond is to announce that local authorities will be allowed to bid for part of a £740 million fund to trial super-fast 5G mobile networks in his Autumn Statement. The statement is set to be announced in full ...
Tags: Full Fibre, Rollout
Parrish and Heimbecker has secured a funding of $10m from the Canadian government to build a new wheat flour milling plant at Hamilton. The Canadian grain company’s new plant is expected to increase production capacity of wheat ...
Tags: Milling Plant, Parrish, Heimbecker
There’s been a pair of interesting developments in the world of mobile payments on Monday; with Samsung announcing a rewards program and Apple revealing making it easier to give to charity. First up, Samsung Pay users in the United ...
The Canadian government will inject a $350m into the country's dairy sector to support its competitiveness ahead of the likely implementation of the Canada–European Union Comprehensive Economic and Trade Agreement (CETA). Investment ...
Tags: dairy sector, robotic milker
No longer the mainstay of hand-humping early adopters, virtual reality is truly about to enter the big league. IMAX is raising $50 million to finance the next generation of visual entertainment, à la virtual reality. The media ...
Tags: VR Content, IMAX
Toyota Motor will set up a mobility services platform (MSPF) to collaborate with several service providers, as well as telematics insurance. Based on the proliferation and popularity of mobility services, like car-sharing; the MSPF will ...
After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing ...
The UK Chancellor has warned of an increased risk of cyber attacks while laying out plans for a previously announced £1.9bn cybersecurity strategy. Philip Hammond said the country must be able to retaliate against cyber-attacks, ...
Tags: Chancellor, Cyber Attacks
Chinese civilian airport market is now fully accessible to private capital as the national aviation authority issues a sweeping rights-granting guideline Sunday. The Civil Aviation Administration of China (CAAC) rolled out the red carpet ...
Tags: Civilian Airport Market
Blue Goose Capital, a privately-held, Canadian-based protein and organic food company, has announced the acquisition of Tender Choice Foods. Tender Choice Foods operates processing plant specializing in the processing, packing and ...
Tags: Blue Goose Capital, Foods
Polaris Industries has entered into an agreement to acquire Transamerican Auto Parts (TAP), a manufacturer of off-road Jeep and truck accessories, for $665m. After adjusting for the $115m estimated net present value of future tax ...
Tags: Polaris Industries, Auto Parts
#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...
Chinese Internet giant decided to set up a new fund to invest in start-ups in their mid-and-late development stages, a company announced Wednesday. The private-equity-style fund, Baidu Capital, will allocate about 20 billion yuan (US$2.98 ...