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Amazon to pick up 9.5% stake in Indian offline retailer

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06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]

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BASF Construction Chemicals opens major lab in Dubai

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29-Oct-18 BASF’s Construction Chemicals division has launched a new regional competence centre and development laboratory at Dubai Science Park, a science-focused business community in the UAE. The new 6,000 sqf facility will be one of eight regional development laboratories globally. [image: Trade Arabia]

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SCG trims investment outlays as trade war dampens mood

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25-Oct-18 Siam Cement Group has reduced its investment budget amid the trade war between China and the US, CEO Roongrote Rangsiyopash said. He also acknowledged the potential for increased exports of chemicals, building materials and packaging to both countries. [image: The Nation]

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