Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
Local Business
Croydon local government council gives preliminary approval to Westfield Group, Hammerson for mall project
Sydney-based property trust Westfield Group and London-based property developer Hammerson obtained preliminary approval from the local government council of Croydon to rebuild a shopping center in South London.
NorthEdge Capital invests in Fine Industries
NorthEdge Capital invests GBP25.5 million in chemicals manufacturer Fine Industries Ltd of the Teeside, UK area to boost the company's presence and production for its future.
Viola Private Equity to sell stake in Amiad Water worth GBP12 million
Viola Private Equity's 19.5% stake in filtration technology company Amiad Water Systems Ltd. had been put up for sale. The investment firm's stake in the company is now worth GBP12 million.
Feronia announces private placement equity investors
Feronia identified the private placement equity investors and the breakdowns as to their purchases.
Latest News
JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues. A settlement agreement was finalized between JPMorgan Chase & Co and the Federal Housing Finance Agency on claims over defective home loans and mortgage backed securities.
At his financial mightiest, Eike bankrolled social services in Rio de Janeiro. Investors that entrusted their money to Eike Bautista have lost most of their funds amounting to bilions as his business empire imploded.
Series A funding round for FIELDS raised USD5 million led by ClearVue Partners. The premier online grocery store in Shanghai, FIELDS, with its strong focus on safety, freshness and quality, announced a USD5 million Series A investment round.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
The recent privatization of Royal Mail creates an 'equity culture' in the UK. The strong demand for Royal Mail shares could become the watershed moment where retail investors return to share sales.
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
For the third straight quarter, India's consumer goods market had declined and this was attributed to a larger number of market players and declining consumer spending ability.
The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.
In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India. After weeks of speculation, Bharti Enterprises and Wal-Mart Stores Inc had announced that they are going on their separate ways for operations in the retail sector.
