Chinese search engine giant Baidu has created a new CNY10bn ($1.5bn) Apollo Fund to invest in more than 100 new and emerging autonomous driving projects in the next three years. The company has also released Apollo 1.5, its latest ...
Tags: Autonomous Driving, Apollo
German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
Quorn Foods, a producer of meat-alternatives, has launched a new range of refrigerated products in the US. The products, which are 100% meat and soy-free, will include an Italian Sausage, Chicken & Apple Sausage, and Chicken Strips. ...
Tags: Quorn, Meat Alternative Products
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
During the 67th Anternational Motor Show, as known as InternationaleAutomobil-Ausstellung (IAA), the world's largest motor show taking place in Frankfurt, Germany, annually, several heavy-weight exhibitors expressed growing worries that ...
Tags: Car Manufacturers, EV
Philips Lighting aims to see its smart connected LED lighting products cover three billion people around the world by 2025, according to Bill Bien, head of Strategy and Marketing for the vendor. Compared with conventional lighting, LED ...
Tags: LED Lighting, Philips Lighting
Chocolate and cocoa products manufacturer Barry Callebaut has agreed to purchase the ingredients division of Gertrude Hawk Chocolates. This acquisition will strategically expand Barry Callebaut’s Specialties & Decorations business, ...
Tags: Chocolate, cocoa products
Natural and organic food products developer Pacific Foods is adding cashew non-dairy to its lineup of plant-based alternatives. Made with Organic and Fair Trade Certified cashews, the four flavors stand out as some of the only ethically ...
Tags: organic food, Pacific Foods
Mondi Extrusion Coatings has developed an environmental friendly paper bag solution to be run on Form-Fill-Seal (FFS) machines. SKOG for Food saves up to 70 percent plastic while retaining all the required barrier properties. SKOG for ...
Tags: FFS Machines, Paper
Chromatic Technologies (CTI) has introduced Tamper Alert, a new irreversible and heat-activated ink technology which can identify tamper evidence in labels and packaging. The company claims that the new ink is useful for products ...
Tags: Packaging, useful for products
US-based Hormel Foods has entered into South America with the acquisition of Brazilian meat company Cidade do Sol for about $104m. Cidade do Sol offers over 70 products in 15 categories that include meats like mortadella, sausage and ...
Tags: Cidade do Sol, sausage
Japanese start-up company FOVE is offering a virtual reality (VR) headset that integrates eye tracking as a novel means of interaction. ChipLEDs made by Osram Opto Semiconductors GmbH of Regensburg, Germany provide the infrared illumination ...
Independent commercial vehicle dealer IH Mobility, commonly known as Imperial in the UK, has acquired Pentagon Motor Group. Imperial is the largest independent Commercial Vehicle (CV) dealer group in the UK with a well-established network ...
Tags: Commercial Vehicle, CV
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
Sappi is set to showcase its new silicone base papers and label papers at this year’s Labelexpo Europe event in Belgium. The event will take place from25 to 28 September at the Brussels Expo site. At the event, the company will ...
Tags: Sappi, Label Papers