Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
US chip giant Intel has agreed to acquire Israeli driverless technology company Mobileye in a deal worth about $15.3bn. Intel has agreed to pay about $63.54 per share under the deal, which is expected to close by the end of this year. ...
British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn. Flora margarine spread and Stork butter brands are among the brands that are likely to be ...
Tags: Unilever, food brands
Impossible Foods has launched its first large-scale production facility, which could allow the company to make about 1 million pounds of meat a month, directly from plants, when fully ramped up. The goal for the East Oakland site is to ...
Oregon-based hand-crafted spirits company Eastside Distilling has acquired MotherLode Craft Distillery, a bottling services provider. Since its founding in 2014 by Allen Barteld, the mission of MotherLode has been to enable craft ...
Tags: MotherLode, Craft Spirits
At Semicon China 2017, executives at chip giant Intel, IC packager Advanced Semiconductor Engineering, equipment vendors ASML, Lam Research and Tokyo Electron (TEL), and nano-electronics research institute Imec talked about innovation to ...
Tags: IC, Semiconductor, IC Industry
Renault-Nissan Alliance and Transdev have signed a research contract to jointly explore development of mobility services with fleets of electric driverless vehicles for public and on-demand transportation. The companies will collaborate ...
Tags: Self-Driving Vehicles, Renault
Trillium, which aims to close the cyber-security gap threatening self-driving cars, has completed its Series A financing round with investments by Global Brain, Mizuho Capital and DBJ Capital. Tokyo-based Trillium designs and provides ...
Tags: Trillium, Driverless Car Security
Canadian consumer packaged meats firm Maple Leaf Foods has agreed to acquire American refrigerated plant-based protein foods manufacturer Lightlife Foods from Brynwood Partners VI for approximately $140m. Maple Leaf will finance the ...
Tags: Maple Leaf, Lightlife Foods
US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
China, as a major market for renewable electricity, has already announced to launch renewable energy certificate (REC) program officially since 2018. This system would be helpful for China to establish a firmer, healthier renewable energy ...
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
What would be your prediction for lighting in 10 years’ time? Majority of commercial members won’t be supplying commodity type luminaires but in order to prosper will need to adapt to the need for more specialist products or ...
Tags: Lighting Industry, Lighting
China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council ...