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Glaxo sells drug brands to Omega

GlaxoSmithKline, Britain’s biggest drugs maker, has agreed to divest several of its over-the-counter (OTC) European brands to Omega Pharma for €470 million (£391 million).

Fifteen minutes of fame

How to create a future-focused relationship between supplier and customer, and build strong relationships across key job functions in each of them

Caterpillar earns record quarterly profits

Caterpillar has reported all time quarterly record profits for Q1 2011, driven by the continuing improvement in global demand for its products and its focus on cost management.<

Nestl├® acquires Pfizer Nutrition

Swiss food giant Nestlé has agreed to acquire Pfizer Nutrition for $11.85 billion.

Prime Income Asset Management

Strategy: Price

Even if everyone seems to have their sights set on you, there are strategies you can employ to move out of the range of price-based competition, says George F. Brown, Jr.

Methanex announces plant relocation project

Vancouver-based Methanex, the world’s largest supplier of methanol to major international markets, is to relocate one of its plants from Chile to Louisiana in the United States.

Orders take off at Farnborough

Orders for new aircraft are flying in at the biennial Farnborough International Airshow, the largest of its kind in the world, and an event at which aerospace companies traditio

Buffett gets saucy by purchasing Heinz

In what has been described as a historic deal, and the largest to date in the food industry, US billionaire Warren Buffett is to buy food giant Heinz for as much as $28 billion.

Premier sells business unit to JapanÔÇÖs Mizkan

Premier Foods, the UK’s largest food producer, has reached an agreement to sell its vinegar and sour pickles business to Mizkan for £41 million.

Investment approval for African Minerals

African Minerals has received notification from China’s Shandong Iron and Steel Group that the relevant approval has now been received regarding its proposed $1.5 billion invest

UCG Recycling

Vedanta agrees Cairn stake

India’s Vedanta Resources has said it will acquire a 51 to 60 per cent stake in Cairn Energy’s Indian unit for between £5.4 billion to £6.1 billion.