Content about Business

Despite the ailing economy, American consumers were still expected to spend big-time on Independence Day festivities this year.

The National Retail Federation's 2010 Independence Day Consumer Intentions and Actions Survey (conducted by BIGresearch) predicted that 87.8 percent of all Americans would take part in some sort of Independence Day festivity, spending upward of $3 billion on holiday weekend parties, food, entertainment and travel.

American Sugar Refining is to buy the sugar business of UK food processing company Tate & Lyle for £211 million ($299 million) in cash, it has been announced. 

The founders of Hunter Roberts Construction Group all gained high-level experience while working for a large, local company and shared a common vision: to apply their knowledge in a flexible, more client-focused environment.

Ram Power, Corp. is a renewable energy company based in Reno, Nevada, focused on developing, owning and operating geothermal power plants. It was founded in 2008 as Ram Power, Inc., by former senior executives from Ormat Technologies, which is also in the business of geothermal energy development. “We decided to form Ram Power because we wanted to have a piece of the action, and working at Ormat wasn’t as much fun as it used to be years earlier,” says executive vice president Dan Schochet, whose primary responsibility is business development.

10. Norilsk Nickel

Norilsk Nickel is a nickel and palladium  mining  and smelting  company. Its largest operations are located in the Norilsk–Talnakh  area, in northern Russia. MMC stands for "Mining and Metallurgical Company".

Sales and operations planning (S&OP) has been considered a best practice in the manufacturing industry for the past 25 years. Initially started as a process to balance demand and supply, S&OP has evolved into a more robust integrated business planning (IBP) process that links strategic plans with product portfolio reviews and new product introductions, unconstrained demand plans, supply plans and capabilities, and financial appraisals of the integrated business plans over a planning horizon of 24 months or more.

The merger will create a major Canadian-American player in the world of specialty pharmaceutical companies. Retaining the Valeant name, it will focus on four areas, including treatments for the skin and for neurology, and is expected to realize more than $175 million in cost savings by the second year.

A memorandum of understanding for the Interconnection Turkey-Greece-Italy project, or ITGI, was signed yesterday in Ankara between Edison, Turkey’s state- run natural gas company Botas and Greek natural gas company Depa.

The ITGI project aims to transport an annual eight billion cubic metres of gas to Italy by upgrading existing infrastructure in Turkey and Greece and building a final link to Italy.

Sanofi-Aventis said that buying Canderm will allow it to consolidate its dermatology products under the Canderm umbrella to create a Canadian leader in its field and to double its Canadian healthcare sales.

 Founded in 1972, Canderm, which is based in the Montreal borough of St. Laurent, had 2009 sales of $24 million. It holds about 10 percent of the non-prescription anti-ageing skincare market in Canada.

The company's product range includes cosmeceuticals and dermatological products, injectable dermal fillers and over-the-counter products.

Rupert Murdoch's News Corporation has held a series of early-stage talks with BSkyB shareholders about the media conglomerate’s £7.8 billion initial approach to the UK satellite broadcaster.