Africa-China Relations The State of relations between the Chinese nation and the continent of Africa is steadily growing. The 21st-century has seen a significant paradigm shift of the world's largest trading nations. China is by far the ...
Tags: Wholesale
Protective packaging materials manufacturer Pregis has agreed to acquire Free-Flow Packaging International (FP International) for an undisclosed sum. Pregis expects to take ownership in the coming weeks pending regulatory approval. FP ...
The National Assembly for Wales has approved a new law which will introduce a minimum price for alcohol in Wales. The legislation intends to reduce the amount of alcohol being consumed in the form of binge drinking, while reducing the ...
Tags: Alcohol
European food packaging producer Flo has unveiled new industrial compostable coffee capsule, Gea, which was developed in partnership with functional biopolymers producer NatureWorks. Gea capsule contains Ingeo polylactic acid (PLA), which ...
Tags: food packaging, packaging
Nestlé has agreed to acquire rights to market Starbucks consumer and foodservice products globally, outside of the latter’s coffee shops. This transaction provides Nestlé with a strong platform for continued growth in ...
Tags: Nestle, Starbucks Products
AquaBounty Technologies has secured approval from the US Food and Drug Administration (FDA) to raise AquAdvantage Salmon at its land-based contained facility near Albany, Indiana. The FDA previously approved AquaBounty’s New Animal ...
Tags: AquaBounty, Salmon Production
The California Public Utilities Commission (CPUC) has issued a proposal, which would allow passenger carriers to provide free test rides in autonomous vehicles. The proposal would authorize transportation firms using autonomous vehicles ...
Australia’s competition regulator has approved the CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canadian dairy producer Saputo. The Australian Competition & Consumer Commission (ACCC) said that it will not ...
Tags: Murray Goulburn, dairy plant
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) says that the compensation committee of ...
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National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
Chinese multinational technology firm Baidu has secured first batch of licenses to carry out road tests for autonomous vehicles in Beijing. At the launch ceremony today, five cars powered by Apollo, the open autonomous driving platform by ...
Tags: Baidu, Autonomous Driving Vehicles
Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
Daimler Mobility Services said that it acquire the 25% stake in car2go Europe from joint venture partner Europcar Group. The acquisition means that following approval of the transaction by the relevant authorities, 100 percent of the ...
Tags: Daimler, Daimler Mobility Services
Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
Archer Daniels Midland (ADM) has agreed to acquire 50% stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. ADM Europe, Middle East and Africa president Pierre Duprat said: “ADM has ...
Tags: Sweeteners, Aston Foods