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Agreement
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Royal DSM, UNWTF Extend Partnership to Tackle Worldwide Malnutrition
Dec 24, 2015Dutch nutrition company Royal DSM and United Nations World Food Programme (WFP) have entered into an agreement to prolong their partnership for three years in tackling hunger and malnutrition in developing nations. The partnership ...
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Panasonic Acquires Refrigerated, Freezer Display Case Manufacturer Hussmann
Dec 24, 2015Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
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Krispy Kreme Doughnuts to Open 16 Stores in Panama
Dec 24, 2015Krispy Kreme Doughnuts has signed a development agreement with Barcenas Group International Inc., to bring 16 Krispy Kreme Doughnuts shops to Panama over the next five years. "This agreement marks our company's second partner in ...
Tags: Krispy Kreme Doughnuts, Barcenas Group, Food
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TCM Companies Find Gold in Overseas Markets
Dec 24, 2015Traditional Chinese medicine makers are expanding their presence in the global markets in a big way, as the government reiterated its support to further strengthen the sector. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, ...
Tags: Traditional Chinese medicine, Overseas Markets, medicine
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Chinese Airline Buys Over 100 Jets From Boeing
Dec 22, 2015China Southern Airlines is buying more than 100 Boeing-737 jets in a deal worth about 10 billion US dollars. The airline and its Xiamen Airlines unit will buy 30 737-Next Generation jets and 80 737-Max aircraft. The order comes ...
Tags: Chinese Airline, Jets, Boeing
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Sinopec Acquires 10 Pct Share of Russia's Sibur
Dec 22, 2015China's largest oil refiner Sinopec has completed a deal to acquire a 10 percent share of Russia's largest gas processing company Sibur. Under the deal, Sinopec will have the right to nominate a representative to Sibur's board of ...
Tags: Sinopec, Russia's Sibur
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China's Silk Road Fund to Buy Into Russian LNG Project
Dec 22, 2015China's Silk Road Fund, a medium- to long-term investment fund, will buy 9.9 percent of a Russian liquefied natural gas (LNG) project. The Silk Road Fund said Friday that it entered into a set of binding agreements with Russia-based ...
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FTA Between China and Rok to Come Into Force on DEC. 20
Dec 22, 2015The free trade agreement (FTA) between China and South Korea will officially come into force from Sunday, providing an opportunity for the two countries to push forward their already-close cooperation partnership further. Seoul's trade ...
Tags: FTA, China and ROK
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China-Australia FTA to Take Effect
Dec 22, 2015After a decade of negotiations, China and Australia will begin to implement a Free Trade Agreement on Sunday. Significant benefits to both economies are expected. Under the Free Trade Agreement, or FTA, nearly 86 percent of the two ...
Tags: FTA, China-Australia
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China, S.Korea to Deepen Economic Ties with FTA Implementation
Dec 22, 2015The free trade agreement (FTA) between China and South Korea will officially come into force from Sunday, providing an opportunity for the two countries to push forward their already-close cooperation partnership further. Seoul's trade ...
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Swedish Telecom Equipment Maker Ericsson Signs Patent License Agreement with Apple
Dec 22, 2015Swedish telecom equipment maker Ericsson has signed a patent license agreement with Apple. Financial details have not been revealed. Meanwhile, Ericsson has estimated that its overall revenues from intellectual property rights ...
Tags: Ericsson, Apple, patent license
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12-Bln-Dollar Electric Car Deal Signed in China
Dec 22, 2015A Chinese leasing firm has signed a deal worth 78 billion yuan (12 billion U.S. dollars) with a Chinese-owned Swedish vehicle company, according to National Modern Energy Holdings (NMEH) on Monday. NMEH is jointly invested and founded ...
Tags: Swedish vehicle company, National Modern Energy Holdings
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China, Pakistan Sign Financing Agreement on Coal Power Project
Dec 22, 2015China and Pakistan ink a financing agreement on a coal power project in Pakistan’s Thar Coalfield. China and Pakistan have inked a financing agreement on a coal power project located in the Thar Coalfield in Pakistan. The project ...
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Scatec Solar Completes Utah's First Utility-Scale 104 MW Solar Plant
Dec 22, 2015Scatec Solar ASA (Oslo: SSO), the integrated independent solar power producer, has formally commissioned the 104 MW (dc) photovoltaic solar plant in Parowan, Utah. The Utah Red Hills Renewable Park (URHRP) is Utah's first utility-scale ...
Tags: Scatec Solar ASA, Solar, Manufacturing
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ADM Takes 50% Stake in Medsofts to Expand Supply Chain and Merchandising Operations
Dec 21, 2015Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new ...
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