Wilmar Purchases Consumar Stake
Wilmar pays out US$263 million for 54% controlling stake in Consumar.
Basic Materials
UK Faces Crop Shortfall Due to Wet Weather; Bread and Biscuit Price Hikes Expected
The Energy & Climate Intelligence Unit (ECIU) warns of potential price surges in bread, biscuits, and beer in the UK due to persistent wet weather.
Cocoa Prices Push Near Record Levels As Global Shortage Continues to Impact Market
Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana...
Home Depot to Open 4 New Distribution Centers for Home Professionals
Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals...
Tech Envy on Business Sector
A poll of tech worker habits by software firm Nintex revealed that public and private sector employees are hungry for automation, and rely on mobile apps and the cloud to get work done...
Latest News
Toro Energy Opens to Investors for Uranium Mine
Toro Energy open to investors in Asia and nuclear utilities for Wiluna uranium mine.
Mitsui Purchases Heraeus
Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.
Hedge Funds Bounce Commodities to One Month High
Reuters, using data from the Commodity Futures Trading Commision, showed funds holding positions for the long term on commodities.
Gold Values Decreasing
Reuters has reported that gold backed exchange traded products have declined in the past few months.
China's Tanghan Steel Acquires 10% Stake in Switzerland's Duferco International Trading Holding
Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.
GEMS Education Preparing for IPO
GEMS Education to raise funds for expansion into Asia and Africa through IPO and other means.
Tata Steel to Sell Bonds to Refinance Debts
Tata Steel is now in the process of finding banks to facilitate the sale of bonds for its debt refinancing purposes.
Sinopec Forms JV with Parent to Buy $3 Billion Assets
Sinopec has concluded a deal to purchase oil and gas assets from its parent company.
Gold Prices Surge as Safe Haven
Gold prices surge as many investors opt for the metal in light of the Cyprus meltdown.
