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Renault-Nissan Alliance to Roll out More Than 10 Autonomous Vehicles by 2020

Feb 2, 2016

The Renault-Nissan Alliance has announced its plans to launch more than 10 vehicles with autonomous drive technology by 2020. The company said that the technology will hit mainstream, mass-markets in the US, Europe, Japan and China at ...

Tags: Renault-Nissan, Autonomous Vehicles

Ford Adopts Mark-to-Market for Pension and OPEB Plans

Feb 2, 2016

Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...

Tags: Ford Motor, OPEB Plans

Apple to Pay £234m in Back Taxes to Italy

Feb 2, 2016

When Tim Cook called accusations that Apple dodges taxes in some countries “total political crap” it's fair to say a few eyebrows were raised in some nations around the world. Despite funneling its European profits through ...

Tags: eyebrows, Apple

General Mills Launches New Superheroes-Inspired Breakfast Cereal Range

Feb 2, 2016

US-based food company General Mills is launching a new breakfast cereal in collaboration with Warner Bros. inspired by comic superheroes Batman and Superman. The new breakfast cereals, Batman Chocolate Strawberry and Superman Caramel ...

Tags: General Mills, Breakfast Cereal

Icahn Enterprises Seals Pep Boys Deal for $1bn

Feb 2, 2016

Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...

Tags: Pep Boys, automotive service

Faraday Future Unveils 1, 000hp Self Driving Car

Feb 2, 2016

China backed electric and autonomous vehicle startup Faraday Future has unveiled its first concept car, ‘FFZERO1 Concept’, a self driving Batmobile style car capable of producing up to 1,000hp. The car is powered by 4 Quad ...

Tags: Self Driving Car, Faraday, autonomous vehicle

Bosch's New Haptic Feedback Gas Pedal Can Save up to 7% Fuel

Feb 1, 2016

Bosch has introduced a new gas pedal that can help in increasing fuel efficiency by up to 7%. This product reduces the dependency of drivers on eco-driving lessons and rule of thumb to drive gently to improve fuel consumption. The gas ...

Tags: Bosch, fuel efficiency

Vanke Says May Issue New Shares

Dec 31, 2015

It's been revealed Chinese property developer Vanke may be poised to try to issue new shares as part of an acquisition. In a filing to the Hong Kong's stock exchange, Vanke says it’s considering acquiring a company in a share and ...

Tags: Vanke, New Shares

Li Xiaolin Resigns as Chairman of China Power New Energy Co.

Dec 31, 2015

Li Xiaolin has resigned as the chairman of the board of directors of China Power New Energy Development Company due to her work schedule. She is currently the vice-president of China Datang Corporation, a state-owned power generation ...

Tags: China Power New Energy Co., Li Xiaolin

Bmw to Showcase Airtouch Control at Ces

Dec 31, 2015

After introducing Gesture Control in its 7 Series, German automaker BMW is planning to introduce AirTouch to its infotainment system. AirTouch allows drivers and passengers to take control of the car's entertainment, navigation and ...

Tags: BMW, AirTouch, Auto

Huawei Marine to Build trans-Atlantic Cable System

Dec 28, 2015

Huawei Marine Networks is looking to construct a Cameroon-Brazil Cable System (CBCS), connecting Africa to Latin America. The project is invested by CamTel, China Unicom and Telefónica, who will support the initiative by providing ...

Tags: Huawei, trans-Atlantic Cable System

AIIB Formally Established in Beijing

Dec 28, 2015

The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...

Tags: AIIB

Flavorchem to Launch New Line of Non-Gmo Project Verified Flavors

Dec 28, 2015

Global manufacturer of flavors and colors Flavorchem Corporation is launching a new line of Non-GMO Project Verified flavors. The new flavors will join the existing line that includes cocoa, coffee, lime, orange, peppermint, and lemon. ...

Tags: Flavorchem Corporation, on-GMO Project Verified flavors, Agriculture

ICV Partners Completes Sale of Stauber Performance Ingredients

Dec 28, 2015

ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...

Tags: ICV, Stauber Performance Ingredients, Agriculture

Burger King Restaurants Unveils Flame Grilled Chicken Burger

Dec 28, 2015

Burger King restaurants has introduced the Flame Grilled Chicken Burger for a limited time. As chicken burgers grow in popularity, BURGER KING restaurants now offer guests their own unique take on the trend. The BURGER KING brand has ...

Tags: Burger King, Flame Grilled Chicken Burger, Food