Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
General Motors has opened a CNY8bn ($ 1.2bn) Cadillac plant in Shanghai, China to produce CT6 luxury sedan range. The plant, operated by SAIC-GM joint venture, will produce at least 160,000 cars per year. The plant has been ...
Tags: General Motors, Cadillac
Wilmar International announced that its wholly-owned subsidiary, Yihai Kerry Investments has entered into two conditional joint venture agreements (JVAs) with Singapore Food Industries (SFI) today to supply certain safe and high quality ...
Tags: Wilmar, China Market
Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group. Daimler ...
Tags: Daimler Trucks, truck, Iranian Market
Swiss dairy processing company Emmi is to purchase 60% stake in Dutch goat cheese maker Bettinehoeve in order to bolster its growth prospects in the fresh goat‘s milk and cheese segments. Following the completion of transaction, ...
Tags: goat milk products, cheeses
Archer Daniels Midland Company (ADM) has entered into an agreement to acquire a controlling interest in gluten-free ingredients provider Harvest Innovations. ADM's WILD Flavors and Specialty Ingredients business unit president Vince ...
Tags: ADM, ingredient needs
Cooper Standard has opened two new facilities in Chinese provinces of Jiangsu and Chongqing. As part of its strategic expansion in automotive market in the country, Cooper Standard has started two faciltieis in the Chinese province of ...
Tags: Cooper, automotive market
UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
The Indian government has rolled out numerous large scaled LED bulb distribution projections across the nation, but not all Indian consumers are warming up to the low-priced bulbs, according to a report from The Deccan Herald. It has been ...
Smartphone brands in China are expected to enter a new phase of consolidation in 2016 as some vendors have sold their sub-brands or introduced new strategic partners, according to industry sources. Smartphone brands in China were active ...
Tags: Coolpad, Nubia, Smartphone
Two Chinese nuclear power giants on Wednesday concluded a deal on a joint venture to promote China's third-generation nuclear reactor design, Hualong One, in overseas markets technologies. The Hualong international nuclear power ...
A company was sued and will give two million yuan (308,000 U.S. dollars) in compensation for dumping contaminated water, announced by Dalian People's Procuratorate in northeast China's Liaoning Province on Tuesday. China-Japan joint ...
A Japanese internet company has developed a new feature for smartphone App, by which users can search real-time information of vacant seats in restraurants on a map and make booking immediately. Yahoo Japan Corporation, a Japanese ...
An arbitration award has ordered China's Aviation Industry Corporation or AVIC to pay over 70 million U.S. dollars to an U.S. wind firm for breach of contract. AVIC did not immediately respond to requests for comment. Dallas-based Tang ...
Tags: China's AVIC, U.S.Wind Firm