Business News Today | Latest Industry Updates | Business Headlines

Business News Today brings you the latest industry updates & business headlines covering multiple sectors. Check out the site to get all the food industry news, drinks industry news, pharma industry news, energy industry news, retail industry news, oil and gas industry news, insurance industry news and others.

US pharma giant Merck to buy Australian biotech company Viralytics for $394m

Merck acquisition of Viralytics : US pharma giant Merck has made an AUD 502 million ($394 million) deal to acquire Viralytics, an Australian More...

Russell Hume moves into administration following meat hygiene scandal

Meat industry news : The recent meat hygiene scandal in the UK seems to have taken its toll on Derby-based meat supplying business More...

Albertsons Rite Aid merger : Albertsons to buy 2,500+ drug stores of Rite Aid

Albertsons Rite Aid merger : US grocery retailer Albertsons Companies has struck a deal to acquire over 2,500 drug stores that Rite More...

Cepsa buys into Abu Dhabi offshore concession for $1.55bn

Cepsa, a Spanish oil and gas company has picked up a participating stake of 20% in an Abu Dhabi offshore concession SARB and Umm Lulu More...

Natural Grocers to open new grocery store in Warrenton, Oregon

Natural Grocers Warrenton store opening : Specialty retail chain Natural Grocers is all set to bring organic and natural groceries More...

HECL to distribute Cardax astaxanthin dietary supplement ZanthoSyn in China

Cardax, a Hawaii-based pharma company has inked a purchase agreement with Hong Kong-based Health Elite Club (HECL) for distribution More...

Electronic toys manufacturer KD Interactive to launch social robot My Loopy

French electronic toys manufacturer KD Interactive, which is known for its range of Kurio tablets and smartwatches, is set to launch More...

Affinity Beverage Group acquires Jawea ice cream brand

Food acquisition news : Florida-based Affinity Beverage Group has acquired Artisanal Edge, the owner of New York-based Jawea dairy-free More...

Cepsa buys into Abu Dhabi offshore concession for $1.55bn

Cepsa, a Spanish oil and gas company has picked up a participating stake of 20% in an Abu Dhabi offshore concession SARB and Umm Lulu for a price of AED 5.5 billion ($1.5 billion). The More...

Kvaerner bags $481m contract from Statoil for Johan Castberg project

Norwegian engineering company Kvaerner has bagged a contract of around NOK 3.8 billion ($ 481 million) related to the Johan Castberg project in offshore Norway from Statoil. Under More...

BP’s $1bn Atoll Phase One offshore gas project in Egypt begins production

British oil and gas major BP has commenced gas production from Atoll Phase One, an offshore gas project that has been developed with an investment of about $1 billion in Egypt. Located More...

Albertsons Rite Aid merger : Albertsons to buy 2,500+ drug stores of Rite Aid

Albertsons Rite Aid merger : US grocery retailer Albertsons Companies has struck a deal to acquire over 2,500 drug stores that Rite Aid did not sell to Walgreens Boots Alliance. According More...

Natural Grocers to open new grocery store in Warrenton, Oregon

Natural Grocers Warrenton store opening : Specialty retail chain Natural Grocers is all set to bring organic and natural groceries in Warrenton, Oregon through a new store opening More...

Dove launches new Dove DermaSeries dry skin moisturizers

Cosmetic industry news : Dove, a Unilever personal care brand has launched a new product range – the Dove DermaSeries, More...

Edgewell Personal Care to acquire men’s skincare brand Jack Black

Cosmetic industry news : Missouri-based Edgewell Personal Care Company has struck a deal to buy Jack Black, a men’s More...

Russell Hume moves into administration following meat hygiene scandal

Meat industry news : The recent meat hygiene scandal in the UK seems to have taken...

Affinity Beverage Group acquires Jawea ice cream brand

Food acquisition news : Florida-based Affinity Beverage Group has acquired Artisanal Edge, the owner of New...

Danish Crown’s Sokolow to acquire rival Polish meat company Gzella Meat

Food acquisition news : Polish meat company Sokolow Group, a subsidiary of Danish Crown will acquire...

Keurig Green Mountain to buy US soft drinks company Dr Pepper Snapple for $18.7bn

Drinks acquisition news : Keurig Green Mountain, a specialty coffee and coffeemaker company has struck a major More...

Pernod Ricard acquires 100% of tequila manufacturer Avion Spirits

Drinks industry news : French drinks company Pernod Ricard’s subsidiary Pernod Ricard USA has taken over full ownership of Avion Spirits..

ThaiBev wins bid to acquire 54% stake in Vietnamese brewer Sabeco for $4.8bn

Drinks acquisition news : Vietnam Beverage, a subsidiary of Thai Beverage (ThaiBev), arguably the largest beverage company in Thailand has won..

Yum Brands, Grubhub join forces to boost KFC and Taco Bell businesses

Restaurant industry news : Yum Brands will partner with food ordering company Grubhub to boost sales of its More...

Ola to buy online food delivery company foodpanda India from Delivery Hero

Ola acquisition of foodpanda India : Indian online cab booking company Ola has struck a deal to acquire foodpanda India, an..

Arby’s Restaurant Group to acquire Buffalo Wild Wings for $2.9bn

Restaurant industry news : Arby’s Restaurant Group, an Atlanta-based fast casual restaurant chain has agreed to acquire Ohio-based Buffalo Wild Wings,..

Venus Concept to acquire hair restoration business NeoGraft

Healthcare acquisition news : Venus Concept, Canada-based medical aesthetic company has agreed to acquire NeoGraft, the hair restoration business of Texas-based..

Mitsui to buy additional stake in Collahuasi Copper Mine in Chile

Japanese conglomerate Mitsui has agreed to buy an additional stake of 3.60% in the Collahuasi Copper Mine in Chile from JX..

Caesars Entertainment to buy casino and horse racing company Centaur Gaming

Casino industry news : Las Vegas-based gaming company Caesars Entertainment has agreed to acquire casino and horse racing company Centaur Gaming..