Harvard Engineering has sold a minority shareholding for an undisclosed sum to private equity company ECI Partners to fund its future growth strategy. The Wakefield company says the investment will allow it to further build on its ...
United Kingdom to allow Chinese companies to purchase stakes in latest $25.9b reactor project The United Kingdom recently signed a $25.9 billion deal to build a new nuclear power plant at Hinkley Point in the southwestern part of England. ...
Tags: Nuclear Power, nuclear plant
The Ministry of Commerce said China strongly opposes disclosure of an interim World Trade Organization report that disfavors the nation's claim in its rare earths disputes with other countries. "The case is under panel examination, which ...
Tags: Metallurgy, Mineral, Energy, Rare Earth
India-based automaker Mahindra & Mahindra (M&M) is set to establish a new development center in the UK, as a part of its international expansion. This move of the automaker to establish the new engineering and design centre in the UK is ...
Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
The United Kingdom has reiterated its openness to Chinese investment in the country's nuclear power industry, a senior British official has said. "Britain is the most open economy in the world, and that goes for our energy markets as ...
Tags: Nuclear Investment, Energy
Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use. China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the ...
Tags: oil refiner, Sinopec
Tesla CEO Elon Musk has revealed a self-driving version of the company's luxury Model S could hit showroom floors by as early as 2016. Speaking to Britain's Financial Times, Musk said the new 'autonomous' Model S will take over ...
Tags: auto, car, Transportation
Ford will bolster its European line-up with all-new and new-generation vehicles in an attempt to put the company in a strong position as the market recovers in the coming years. Ford of Europe head of product development Barb Samardzich ...
Tags: Ford, Transportation, Auto Parts
Chinese stock market posted this year's widest daily gains on Monday as newly released data concerning consumer inflation, producer price and foreign trade pointed to a strengthening economy. The benchmark Shanghai Composite Index rose ...
Tags: stock market
The Chinese economy would maintain its sustained and healthy growth and China would stay on the path of reform and opening up, Chinese Premier Li Keqiang wrote in an article published in the Financial Times Monday. Under the headline ...
Tags: Economy, Healthy Growth
The New York Times website was unavailable to its readers yesterday afternoon in the US, after a cyber attack on the organisation's web host, Melbourne IT. Twitter, which uses Melbourne IT as a domain name registrar, was also affected by ...
Tags: Computer Products, webservice
German automaker Daimler is planning to invest about EUR2bn in China, as part of its efforts to double capacity at its Chinese joint venture, Beijing Benz Automotive, to 200,000 units per year over the next two years. The latest ...
Lot78 Inc. is pleased to announce that it has signed with UK based distributor Fourmarketing to represent the Lot78 brand throughout Europe, Asia and the Middle East. Fourmarketing is a fashion agency with a diverse and impressive client ...
Tags: Apparel, Accessories
One of India's leading price comparison and shopping sites, PriceDekho.com launches the PriceDekho App to enable online shopping on smart phones and tablets. The launch of the App is the logical extension of PriceDekho's steady growth as ...
Tags: Mobile App, Pricedekho