China and Switzerland signed in a free trade agreement today in Beijing. A new free trade agreement was signed by the governments of China and Switzerland today.
Tags: Industry
India removes levy on sugar industry
In order to attract foreign businesses, India removed a 10% levy in its sugar sector. Direct investments and foreign ventures are expected to come towards the global sugar industry, said India's top sugar producer Balrampur Chini.
Clean energy investments increase globally except Europe
Bloomberg New Energy Finance reported that investments in the renewable energy sector increased except in the European region.
CYS rating downgraded, industry outlook bleak
The Bank of America downgraded its rating on financing firm CYS Investments. The Bank of America downgraded CYS Investments to an "underperform" rating from a previous "neutral" classification in a research note released today.
Philippine FDIs skyrockets - Central Bank
According to the Central Bank of the Philippines, foreign direct investments in the country leaped in April.
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Pakistan's prime minister Nawaz Sharif told Chinese investors to invest in the country's energy sector.
Temasek, a Singaporean sovereign wealth fund, posted a portfolio gain citing good investments as reason.
Santa Cruz Nutritionals and Nellson Nutraceutical LLG are seeking buyers. Three sources who spoke on condition of anonymity are confirming that Santa Cruz Nutritionals and Nellson Nutraceutical LLG are in the process of searching for buyers.
After two tries, ProMOS Tech was able to sell of its twelve inch fabricating facility to GlobalFoundries.
Alfa's share in the TNK-BP takeover by Rosneft to be reinvested. Alfa Group, the group that brokered the deal from the sale of the joint venture giant TNK-BP, is now discussing with former BP CEOs John Browne and Tony Hayward as to international oil venture projects.
