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American giant Oracle buys Tel Aviv based startup Crosswise for $50 million

2016-04-16 10:21:26| IT Services - Topix.net

US software giant Oracle Corp. has acquired Israeli big data company Crosswise. No financial details were disclosed about the acquisition of the Tel Aviv based company but Israeli media reports say that Oracle is paying $50 million.

Tags: based tel american million

 

Food giant advises limit on its brands

2016-04-15 08:26:15| BBC News | Business | UK Edition

Food giant Mars, which makes Dolmio sauces and Uncle Ben's rice, says some products should only be consumed once a week due to high salt, sugar or fat content.

Tags: food limit brands giant

 
 

Coal giant Peabody files for bankruptcy

2016-04-13 11:09:26| BBC News | Business | UK Edition

Peabody Energy, the world's largest privately-owned coal miner, has filed for bankruptcy protection in the US.

Tags: files giant bankruptcy coal

 

Coal giant Peabody Energy files bankruptcy as 'new clean industrial era' gathers pace

2016-04-13 11:02:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Peabody Energy has today filed for Chapter 11 US bankruptcy protection, dealing a further blow to a global coal industry already reeling from low prices and tightening environmental regulations. The company said it had secured $800m in debtor-in-possession financing from secured and unsecured creditors and stressed all its mines and offices will continue to operate throughout the bankruptcy process. "Peabody believes that it has sufficient liquidity to operate its business worldwide post-petition...

Tags: files industrial energy era

 

Poultry business Crown Chicken snapped up by pork giant Cranswick in A 40m deal

2016-04-12 01:16:53| Food - Topix.net

Pork producer Cranswick has bolstered its position in the poultry business with the acquisition of south Norfolk-based Crown Chicken. EDP Top100 firm CCL Holdings and its subsidiary Crown Chicken, which employs 400 people, was snapped up for A 40m from its previous owners the Thacker family.

Tags: business deal crown giant

 

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