In 2015, the global market size of service robots reported USD8.49 billion, surging by 42.2% on a year-on-year basis, and it is expected during 2016-2020 to show an annual average growth rate of 16.5%, which will be mainly driven by: (1) ...
Tags: service robots, report
Despite strong opposition from traditional taxi operators and some governments, Uber and Uber-type ride sharing services, have proven very popular amongst travellers, according to a University of Sydney Business School survey. The ...
Tags: Uber-type service, TOPS, University of Sydney Business School survey
Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued by ...
Tags: Steel
PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
Tags: PSA Group, SAIPA, JV agreement
A new research has revealed that the number of UK breweries has increased by 8% to nearly 1,700 over the past year due to the continuous surge in popularity of craft beers. The research from UHY Hacker Young has found that the number of ...
Tags: UK breweries, rise, demand
Ice creams made in Russia are gaining popularity in China after Russian President Vladimir Putin brought them as a gift for President Xi Jinping during the G20 summit in Hangzhou earlier this month. Xi, who turned out to be a fan of ...
Tags: Ice Creams, Food
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
China General Nuclear Power Corp has said it is confident that the Chinese-made Hualong One reactor will pass Britain's strict approval process in five years. The technology, also known as HPR1000, will be submitted to the UK Office for ...
Tags: Nuclear
The Chinese government has released a plan on scientific and technological (S&T) cooperation between China and countries along the Belt and Road. China plans to set up joint labs, research centers, tech transfer centers and S&T parks with ...
Tags: Belt and Road, Sci-Tech Cooperation, China
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
Nearly 60 percent of the real estate agents polled said they are seeing more smart home features in listing descriptions than they did two to five years ago. Everyone is talking about the connected home. Smart home technology is becoming ...
Tags: CES, connected home, home technology
Britney Spears performs at Apple Music Festival 10 in London. Apple Music Festival 10 is wrapping up its final week with live sets by some of the world’s biggest performers. The second week of the festival featured Britney ...
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As part of its strategic partnership with VMware, Samsung Electronics, the world leader in advanced memory technology, has collaborated with VMware, to develop the first fully operational prototype of a VMware Cloud Foundation-based ...
Tags: VMware, SDDC, NVMe solid state drives
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the ...
Projects to focus on solar and battery technologies, plasma physics and Arctic sea-ice modeling ExxonMobil has committed $5 million toward Princeton partnership for new energy research ExxonMobil engaged in similar energy ...
Tags: ExxonMobil, Princeton University, new energy research projects