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Unilever Increases Stake by 67% in Indian unit

Unilever announced increased in stake holdings for Hindustan Unilever, the company’s Indian unit, for Eur2.45 billion.


Tetra Pak Under Probe In China

China probes Tetra Pak for possible market dominance China probes Tetra Pak, the world renowned Switzerland-based food-packaging company for any possible abuse when it comes to market dominance.

Dalradian's Colin Benner Resigns from Board

Colin Benner, founding board member of Dalradian, resigned from the company's board on Thursday.

SK Energy Returns To India Naphtha Market

South Korea's SK Energy returns to the naphtha market and makes 35,000 tonnes purchase (Photo : Reuters)SK Energy of South Korea buys 35 tonnes of cargo from Oil and Natural Gas Corp SK Energy, South Korea's top refiner bought 35,000 tonnes from Oil & Natural Gas Corp.


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Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.
Unilever was unable to raise its holding in Hindustan Unilever Ltd (HUVR) to its goal of 75%. (Photo : reuters. com)Unilever seeks to gain 75% control of Unilever Hindustan Unilever's public offer of INR600 a share to gain higher control over Unilever Hindustan was met with lukewarm response.
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
BHG announces the signing of a memorandum of understanding with Castelari Construtora Ltda. (Photo : Reuters)Brazil Hospitality Group announces signing memorandum of understanding with Castelari Brazil Hospitality Group (BHG) announced the signing of a memorandum of understanding with Castelari Construtora Ltda.
Macau Legend Development stocks took on a rise after IPO prices were repriced. Macau Legend Development Ltd stocks climbed 6. 8 percent on the first day of trading.
ZMDC is considering getting listed at the Zimbabwe Stock Exchange, said the mines minister. (Photo : Reuters)These are flags of Zimbabwe. The government of Zimbabwe is considering listing its state controlled interest mining vehicle Zimbabwe Mining Development Corporation on the Zimbabwe Stock Exchange.
Canada's banks are striving to make Toronto a yuan currency trading hub, which would a first in North America.
Orege secures new capital from concluded IPO (Photo : Reuters)Orege SA, French Water Technology Company raises needed capital from concluded IPO French water technology company Orege SA raised Eur20 million with the completion of an initial public offering that was posted on Euronext Paris.
Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
To deter future thieves in the industry, a judge sentenced an accused investment broker for 12 years in prison.