Friday 25 July 2014

Hershey plans to buy out Indian partner

Hershey plans to buy the remaining 49 per cent in its Indian joint venture that it does not own, giving it full control of a chocolate business in one of the world's biggest markets. Financial terms of the deal were not disclosed. B


Jordan seeking to speed up sukuk issuance

Jordan, faced with rising local borrowing costs, wants to speed up issuance of Islamic bonds or Eurobonds to tap more competitive sources of funding to contain its budget deficit, officials and bankers said. Average yield for the most wide


World's largest candy store to open in Dubai

A Dubai-based company is opening what it says will be the world's largest confectionary store in Dubai as it looks to tap demand from the Gulf Arab region's hunger for candy. Candylicious, which initially opens in one of the world&


Eros, Candy in distribution deal

Eros Group, a leading regional distributor of top brands in consumer electronics and allied products, has entered into a distribution partnership with the Candy group, the premier European household appliance manufacturer. Eros Group will


'Tobacco-candy' stores face crackdown

A nationwide crackdown on candy containing tobacco, which is being sold to children at cold stores, has been launched, government's consumer protection officials said. The 'chaini khaini', a mixture of sun-dried tobacco leaves and fruit fl

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