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WILLIAMSBURG, Va., Aug 26 - Smithfield Foods Inc, has closed plants, renegotiated debt, sold assets, and reduced its hog herd in the past year, and has a...

WILLIAMSBURG, Va., Aug 26 - Smithfield Foods Inc, has closed plants, renegotiated debt, sold assets, and reduced its hog herd in the past year, and has a strong balance sheet, the company's chief executive officer...

August 26 MetalBiz--India's Essar Steel plans to increase the production of its steel firm, Algoma Steel in Canada, to 5mln tons from the original 4mln tons. In 2007, Essar purchased Algoma Steel, headquartered...

TOKYO, Aug 26 - Mixi Inc, Japan's biggest social networking site, plans to boost the number of its users to 30 million from 17 million within four years, its chief executive said on Wednesday. Mixi...

Shanghai, August 25 (Gasgoo.com) General Motors Co is considering a plan to retain its Opel and Vauxhall operations in Europe and may mortgage its assets in China to raise money, Reuters reports Tuesday, citing sources with knowledge of the deliberations.

BANGKOK, Aug 20 - Thailand's finance ministry has not received any formal bid for its 22.56 percent stake in listed TMB Bank <TMB.BK> but would be prepared to consider a proposal, Finance Minister Korn Chatikavanij...

Hongta Group, a leading tobacco firm in China, on Aug. 14 announced that it plans to withdraw from its investment in pharmaceuticals producer Yunnan Baiyao Group Co Ltd<000538> by selling a 12.32% stake equivalent to 65.81 million shares, sources reported.In 1999, Hongta began to invest in Yunnan Baiyao by...

Hutchison Telecommunications International Ltd<2332><HTX>, the telecom unit of Hong Kong conglomerate Hutchison Whampoa<0013>, Wednesday said in a statement that its subsidiary, Advent Investments Pte Ltd, will sell its entire 51.3% stake in Partner Communications Co Ltd to Scailex Corp for...

August 13 MetalBiz--It is learned that Taiwan China Steel Corp. plans to follow up Baosteel to adjust up its prices for October-November, up by NT$1,500-2,000 per ton. China Baosteel has increased prices...

* CCB Asia will buy 100 pct of AIG Finance (Hong Kong) Ltd * Deal for $70 mln in cash plus repayment of debt * Key move for CCB as it expands in HK consumer...