Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
UK pork products sold by some of the major supermarkets have been found to be contaminated with a livestock strain of methicillin-resistant Staphylococcus aureus (MRSA). The University of Cambridge conducted a study to test 97 UK-produced ...
Tags: MRSA, UK pork products
Emmi has committed to reducing its CO2 emissions by 25 % by 2020. In an important step towards meeting this objective, the largest Swiss milk processor is switching to sustainable electricity. To this end, it is set to rely entirely on ...
Tags: Emmi, BKW, sustainable electricity
SM Ingredients (SMI), a distributor and marketer to the food, nutrition, animal, and beverage industries, has announced its new global mission and robust corporate identity. The company plans to unveil its new mantra and branding elements ...
Tags: SMI, SSW, corporate identity
Ice cream cone brand Joy Cone has acquired BoDeans Baking Group for undisclosed sum in a bid to expand its business. BoDeans Baking is a major player in the novelty ice cream cone, wafer, and inclusion market. Joy Cone president and CEO ...
Tags: Joy Cone, BoDeans Baking, acquisition
Cyberspace security, the Internet and information technology have been key in China's development, and the country has been striving to build itself into a major Internet power. At a study session attended by China's top leaders, ...
Tags: Internet, Information Technology
A range of new card games, based on the children's hit show have been created, including the Snap and Happy Families decks and a new Game Box. A new line of Paw Patrol-inspired card games based on the kids’ animated show Paw Patrol ...
Tags: Cartamundi, Paw Patrol, card games
The ceremony, developed to honour the top female leaders, executives, entrepreneurs and other changemakers, will be held at the Women in Toys 2017 Gala on Sunday, February 19th next year. Nominations are now open for Women in Toys, ...
The store spans four floors and boasts a range of entertainment facilities for children to enjoy. Toy retailer Hamleys is heading to China, with the opening of its new flagship store in Nanjing. Making its debut on Chinese National Day ...
Tags: Hamleys, flagship store
Natural gas imports to China through northwest China's Xinjiang Uygur Autonomous Region have grown this year, local customs said. As of the end of August, more than 16.75 million tons of natural gas had been imported through Xinjiang this ...
Tags: Gas, Central Asia, Natural gas
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
The Chinese government has released a plan on scientific and technological (S&T) cooperation between China and countries along the Belt and Road. China plans to set up joint labs, research centers, tech transfer centers and S&T parks with ...
Tags: Belt and Road, Sci-Tech Cooperation, China
Six John Cotton employees and friends were cheered over the finish line last Friday, as they completed their 761-mile charity bike ride from Poland to Mirfield. Friends and family of the team were joined by Welcome to Yorkshire’s ...
Tags: John Cotton, charity bike ride