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Austria takes EC to court over Paks nuclear power plant expansion in Hungary

Hungarian nuclear power plant controversy : Austria has sued the European Commission for its approval of Hungary’s expansion of the Paks nuclear power plant, in line with a threat it had issued last month. Vienna, which has been strongly advocating against the use of nuclear energy for several decades, has gone ahead with a lawsuit […]

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Rosa Foods launches Soylent meal replacement shake in more 7-Eleven stores

Drinks industry news : Rosa Foods, the manufacturer of Soylent has made a new deal to launch the ready-to-drink meal replacement shake brand in about 800 7-Eleven convenience stores across Chicago, Boston, Washington, D.C., Las Vegas and Denver. According to Rosa Foods, four Soylent meal replacement shake flavors in the form of Cacao, Cafe Coffiest, […]

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Standard Life Aberdeen to sell insurance business to Phoenix Group for £3.24bn

Scottish investment company Standard Life Aberdeen has struck a deal to sell its insurance business to UK insurance service provider Phoenix Group for a sum of £3.24 billion to simplify its business to focus on asset management. Phoenix Group will pay £2.28 billion in cash and give Standard Life Aberdeen a stake of 19.99% in […]

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LafargeHolcim buys UK-based construction material supplier Kendall Group

Swiss building material company LafargeHolcim has purchased Kendall Group, an aggregates and ready-mix concrete manufacturer based in southern England for an undisclosed price as per the latest construction industry news. Last year, Kendall Group had registered net sales of about CHF33 million ($35.23 million). LafargeHolcim revealed that Kendall Group will be operated by its subsidiary […]

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