Truce Reached in Fight Over Chinese Beverage Company
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Group Danone and the Wahaha Group, one of Chinaâs biggest beverage makers, pledged to âsuspend all lawsuits and arbitrationsâ to revive its troubled joint venture.
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Growing consumer spending levels in China have helped boost sales at two of the world's leading drinks groups.
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China's largest soft drinks maker, Wahaha, threatens to counter-sue Danone in an escalating dispute between the two firms.
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An Iraqi militant group said on Wednesday it has reached a ceasefire deal with Iraq's wing of al Qaeda to end clashes between the two Sunni insurgent groups waging a violent campaign against U.S.-led forces in Iraq.
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SABMiller, the world&#39;s second largest brewer&#39;s Chinese joint-venture, China Resources Breweries Limited (CRB) has acquired the Chinese brewing interests of Lion Nathan for an equity value of $71-million and estimated assumed debt of $83-million, CRM
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China and the United States are close to ending a 15-year-old dispute over nuclear technology transfers that has prevented US companies from selling nuclear reactors
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A truce between rival Palestinian factions in Gaza appears to take hold after days of deadly clashes.
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A dispute between Groupe Danone, the French dairy and beverage maker, and its Chinese partner, the beverage maker Wahaha, has become even stranger.
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A ban on the manufacture and possession of military-style assault weapons came to an end in the United States with a bitter dispute between political rivals and a debate over its effectiveness.
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The majority CGT labour union at Perrier said it has agreed to accept an early retirement programme proposed by Nestle Waters management, which had threatened to dispose of the famed water brand in a high-profile clash.
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A cease-fire between northern fighters and the government is expected to be signed Friday.
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Danone is to challenge a decision that it no longer has any rights to the Chinese drinks brand Wahaha.
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China has suspended all new cigarette and tobacco foreign joint ventures, state media reported Friday, raising doubts over a claim by British American Tobacco that it has approval to manufacture cigarettes on the Chinese mainland.
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NEW YORK, October 19  - The global non-alcoholic beverage giant, Coca-Cola Company (KO.NYS), has reached an agreement with the European Union authorities to settle the antitrust investigations that have been on for the past five years.
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Drugmaker Wyeth WYE.N said on Tuesday  it is in talks with plaintiffs' lawyers to develop a structure  to settle cases of users of recalled diet drugs "fen-phen" who  opted out of a nationwide legal settlement.
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The rival Palestinian factions Fatah and Hamas reached a tentative cease-fire Sunday to end days of bloody fighting that had raised tensions in the Gaza Strip to their highest point in a decade, mediators said.
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The move is expected to dampen prospects for companies that have focused on taking advantage of the Chinese market.