Archives for February 28, 2013

Far East M&A

Heinz' China sell-off is company's second loss-making deal in a decade

With reports flooding the wires that Heinz has agreed to sell its Chinese frozen food business, Long Feng Food, to Zhengzhou Sanquan Foods marks the second time in a decade the American major has lost money on a deal in the country.

India’s domestic meat and poultry sector criticised

India’s domestic meat and poultry industry is struggling to break free from being a traditional backyard trade, even if its exporters are improving standards, a Meat and Poultry Summit organised by Confederation of Indian Industries (CII) in New Delhi...

Inflation in India

Rising onion prices often lead to politicians' tears

There’s always a weakness somewhere, and for the Indian government this is often the price of onions. And what must really be worrying the ruling politicians in New Delhi, as the finance minister delivers his Union Budget, is how the price of onions has...