Sheela Foam announces the acquisition of Kurlon and Furlenco
Sheela Foam Ltd has reportedly approved the acquisitions of Kurlon Enterprise Limited (KEL) and a stake in House of Kieraya Pvt Ltd, the owner of Furlenco. Subject to usual adjustments for wor....
Trina Solar takes the lead in an initiative to standardize module dimensions
A group of nine module producers, including Trina Solar have reportedly agreed to standardize the size of the rectangular silicon wafer modules at 2382*1134mm. This agreement is established based....
Vietnam receives first-ever LNG cargo for developing new power supply
State-owned oil & gas giant, PetroVietnam Gas has reportedly disclosed that it has secured a cargo worth 70,000 metric tons of LNG (liquefied natural gas) from Singapore-located Shell Eastern Trad....
Nissin Foods completes purchase of equity interest in Hong Kong Eastpeak
Renowned food giant, Nissin Foods Company Ltd. has reportedly acquired 19% equity interest in Eastpeak Trading Co., Ltd.’s parent firm, Hong Kong Eastpeak Ltd. This has officially made both the ....
Coca-Cola HBC, Genpact partner to transform operations & fuel growth prospects
Coca-Cola Hellenic Bottling Company (CCH), and Genpact, a global provider of professional services organizations, have reportedly announced their partnership to accelerate the digi....
Intel infuses $25B for construction of manufacturing plant in Israel
Santa Clara, California-based chip producer, Intel Corp. has reportedly agreed in principle for establishing a $25 billion-worth manufacturing plant in Israel. Apparently, the brand-new facility, w....
UBS takes over Credit Suisse to emerge as a wealth management behemoth
UBS, a global investment bank, has reportedly completed the emergency takeover of its local competitor, Credit Suisse, creating a prominent Swiss bank with a $1.6 trillion balance sheet and ....
Opec+ to enhance cuts in oil output deal into 2024 as prices flag
Amid looming supply glut and flagging prices, the Opec+ group of oil-producing nations have reportedly reached an agreement for extending the output cuts into next year. On Sunday, at a summit of m....
Korean CJ Foods enters Australian market through $10M investment
Renowned Korean food maker, CJ Foods is reportedly marking its first foray into the Australian region by investing USD 10 million in local manufacturing as well as an office. Apparently, the compan....