- 1. Mead Johnson dismisses Nestle takeover rumors
The world's largest standalone manufacturer of baby formula, Mead Johnson Nutrition Co, has dismissed as "pure speculation" industry talk that it's become an acquisition target of Nestle AG.
Stephen W. Golsby, president and CEO of the US-based company, said on Wednesday that Mead Johnson's position as a globally successful dairy powder brand...
- 2. Central Europe draws on support from China
China is providing vital economic support to countries in Central and Eastern Europe (CEE) that otherwise might be dragged down by the eurozone crisis, according to a keynote speaker at a major investment forum in Prague.
Milan Hovorka, vice-minister of industry and trade of the Czech Republic, spoke at the China Investment Forum at the Czech...
- 3. Indonesian minister says exports may decrease in 2012
Indonesian Trade Minster Gita Wirjawan said on Wednesday that the country's exports may be down next year as the gloomy global economy has started to weaken the demand of Indonesia's products.
The minister said that the debt crisis in the United States and Europe would have started to impact the country's exports next year.
"For this year, I...
- 4. Spanish trade minister calls for closer ties with China
The Spanish Minister of Trade and Industry called on the 2011 Global China Business Meeting (GCBM), which is held here in the Spanish city of Valencia to enhance bilateral ties between China and Spain Tuesday.
Spanish Minister of Industry, Commerce and Tourism, Miguel Sebastian joined a discussion on the partnership between Spain and China at...
- 5. French trade deficit enlarges in Sept. on less sales
France recorded larger trade gap between export and import in September with the deficit increased to 6.3 billion euros (8.68 billion U.S. dollars) after 4.3 billion euros (5.9 billion dollars) in August, according to customs figure released on Tuesday.
The foreign sales amounted to 36.97 billion euros (50.93 billion dollars), up from 30.55...
- 6. South Africa to showcase wine and minerals in China
South Africa will hold a commodities fair in China, its biggest trading partner, later this month in an effort to expand bilateral economic and trade cooperation.
The fair, which will be held at the Beijing Exhibition Center from Nov. 24 to 26 and the Shanghai Exhibition Center from Nov. 28 to 30, is the biggest of such fairs ever held by South...
