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businessnewstoday February 28, 2018

CCEP to distribute Icelandic Glacial bottled spring water brand in Iceland

Bottled spring water brand Icelandic Glacial will expand its distribution in the Icelandic market through a partnership with Coca-Cola European Partners Iceland. As per the agreement between the two companies, Coca-Cola European Partners (CCEP) will distribute and sell Icelandic Glacial’s spring water products in Iceland alongside its current range of beverages. Commenting on the distribution […]

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businessnewstoday February 28, 2018

eBay to acquire online shopping site Qoo10 & other Japan business of Giosis

eBay acquisition of Qoo10 : E-commerce giant eBay has agreed to acquire the Japanese business of Giosis, including the Qoo10 online shopping site, for an undisclosed price. eBay, which is currently an investor in Giosis, will grow its presence in Japan through the deal. Giosis operates seven localized marketplaces in five countries, which includes Japan […]

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businessnewstoday February 27, 2018

Radian Capital invests $10m in online collectible store TCGplayer

Syracuse-based TCGplayer, a marketplace and software business for buyers and sellers of collectible items, has secured a funding of $10 million from venture capital company Radian Capital. The equity investment from Radian Capital is expected to help TCGplayer to come up with new and innovative technologies for the collectible industry. TCGplayer offers solutions to the […]

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businessnewstoday February 27, 2018

Jones Lumber acquires Rives and Reynolds Lumber

Lumber industry news : Jones Lumber Company, a lumber store in Lynwood, California and a subsidiary of Jones Companies, has acquired Rives and Reynolds Lumber, a lumber mill in Natchez, Mississippi for an undisclosed price. The acquisition of Rives and Reynolds Lumber is expected to enable Jones Lumber Company to widen its offerings through the […]

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businessnewstoday February 26, 2018

ADM, Cargill to form soybean joint venture in Egypt

US food processing company Archer Daniels Midland (ADM) will form a joint venture with agrifood company Cargill, which will manufacture soybean meal and soybean oil in Egypt. The ADM Cargill joint venture will own and operate Cargill’s majority o…

businessnewstoday February 26, 2018

Anheuser Busch launches Michelob Ultra Pure Gold organic beer brand

US brewing company Anheuser Busch has added a new beer in the US under its Michelob Ultra light beer brand in the form of Michelob Ultra Pure Gold, which is made from organic grains. The Michelob Ultra Pure Gold light beer contains 85 calories and 2.5 carbs, while containing no artificial colors and flavors, claims […]

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businessnewstoday February 25, 2018

Austria takes EC to court over Paks nuclear power plant expansion in Hungary

Hungarian nuclear power plant controversy : Austria has sued the European Commission for its approval of Hungary’s expansion of the Paks nuclear power plant, in line with a threat it had issued last month. Vienna, which has been strongly advocating against the use of nuclear energy for several decades, has gone ahead with a lawsuit […]

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