Blood-testing 'disruptor' charged with fraud
THE CEO and former-president of Theranos – a company which claimed to have developed technology t...
News - Business
BASF in exclusive talks to buy Bayer’s vegetable seeds business
BAYER is in talks to sell its entire vegetable seeds business to BASF as it seeks to address anti...
ABB signs deal with Yitai Group
ABB has signed an agreement with Chinese coal production company Yitai to apply ABB’s technologie...
DowDuPont announces names for three companies after split
DowDuPont intends to divide into three separate companies in 2019, named Corteva Agriscience, Dow...
SABIC becomes largest shareholder in Clariant
SABIC has become the largest shareholder in specialty chemicals company Clariant. The Saudi chemi...
GFG Alliance buys Europe’s largest aluminium smelter
GFG ALLIANCE, the UK-based metals, mining and energy group owned by Sanjeev Gupta, has bought Eur...
Brookfield to buy Westinghouse for US$4.6bn
PRIVATE equity firm Brookfield Business Partners has bought troubled nuclear firm Westinghouse El...
Sinopec to upgrade Iran’s Abadan refinery
SINOPEC ENGINEERING has won an engineering, procurement and construction (EPC) contract to upgrad...
ThaiBev buys US$4.8bn stake in Sabeco
THAI Beverages (ThaiBev) has won an auction to buy a US$4.84bn majority stake in Vietnam’s top br...
Campbell Soup to buy Snyder’s-Lance for US$4.87bn
CAMPBELL Soup has agreed to buy pretzel and chip manufacturer Snyder’s-Lance for US$4.87bn as it ...
Unilever sells spreads business to KKR for €6.8bn
UNILEVER has sold its spreads business, including margarine brands such as Flora, Becel and ProAc...
Teva to cut 14,000 jobs worldwide
TEVA PHARAMACEUTICAL INDUSTRIES is to cut 14,000 jobs, more than a quarter of its workforce, as p...
Evonik sets up first Asia research hub
EVONIK is to build its first Asian research hub in Singapore, with a specific focus on functional...
US$4.2bn Bahrain refinery expansion contract awarded
BAHRAIN PETROLEUM COMPANY (Bapco) has awarded a US$2.4bn expansion contract for its Sitra oil ref...
Emerson quits chasing Rockwell
EMERSON ELECTRIC has abandoned its pursuit of Rockwell Automation following a forceful rejection ...
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