Fiat is planning to fund $61bn over the next five years to turn Maserati and Alfa Romeo into global brands and spin off its luxury sports car maker Ferrari and list the shares. The company is considering to issue $2.5bn convertible bonds ...
Tags: treasury shares, Italian heritage, Auto
For its fiscal first-quarter 2015 (ended 27 September 2014), JDSU of Milpitas, CA, USA has reported revenue of $433.6m (exceeding the high end of the $405-425m guidance range). This is down 3.3% on $448.6m last quarter but up 1.1% on $429m ...
Tags: JDSU, Optical communications
Global notebook shipments by top-five brand vendors and top-three ODMs declined 15% on average in October, affected by the roll-outs of new low-priced models in the previous month, according to Digitimes Research. However, shipments by ...
Tags: notebook shipments, notebook
The Crewe-based business is to be managed by investment firm Sullivan Street Partners, and employs over 100 staff, producing printed cartons, leaflets and labels. The transaction was an undisclosed fee. Medica has a strong heritage of ...
Tags: Medica Packaging, cartons
Speaking exclusively to Packaging News at the third European Bioeconomy Stakeholders’ Conference, Quentin Clark, head of sustainability and ethical sourcing at Waitrose, said the high-end grocery retailer wanted consumers and local ...
Tags: Recycling Packaging, Packaging
Bosch Packaging Technology will debut its Sigpack HCUL horizontal flow wrapper at Pack Expo International 2014. Sigpack HCUL packages up to 300 single blow-fill-seal (BFS) vials per minute. It also ensures hermetic packages, even at high ...
Tags: Bosch Packaging, Packaging
Russian steelmaker NLMK has announced that it has upgraded air-blowing equipment used in blast furnace operations in Lipetsk. This upgrade will enable NLMK to reduce its environmental footprint and save approximately RUB 210 million ($5.3 ...
Tags: Metallurgy, Mineral, Energy, Steel
JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
Coca-Cola is making additional investment in Virent's bio-based paraxylene BioFormPX demonstration facility in Wisconsin, US. Virent has said that the investment will help in scaling up separation and purification of BioFormPX at the ...
Manufacturing is an integral part of a nation's fiscal stability and prosperity. Nurturing and growing the manufacturing infrastructure is a critical goal for building and maintaining an economically competitive edge, reducing unemployment, ...
Tags: Robots, Industrial Equipment
Meijo and Nagoya universities in Japan have developed a laser lift-off (LLO) technique for removing gallium nitride (GaN) substrates from ultraviolet (UV) light-emitting diodes (LEDs) to improve light extraction efficiency [Daisuke Iida et ...
Pulp and paper manufacturer Virdia will build a $60m biochemical processing plant in Lafourche Parish, Louisiana, which will convert sugarcane bagasse, or sugarcane waste, into industrial sugars and biofuels. Virdia will use 80,000 tons ...
Tags: Biochemical Plant, Virdia
The research group of professor Jairo Sinova of the Institute of Physics at Johannes Gutenberg University Mainz, in collaboration with researchers from the UK, Prague, and Japan, has realised for the first time a new, efficient spin-charge ...
Tags: Spin-Charge Converter, GaAs, Electronics
General Motors is recalling 106 vehicles due to improper fixing of fasteners which could lead to a loss of steering control. The affected vehicles includes 2014 variant of Buick Regal, Chevrolet Camaro, Cadillac XTS and Chevrolet Impala. ...
Tags: General Motors, Recall, Auto Parts
Have you noticed two hot trends in home remodeling recently? The first one is opening up cramped indoor space to create multi-purpose "great" rooms. The other is constructing a functional space in which to work from home (full time, part ...
Tags: Construction, Decoration