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Daimler, Baic Sign Deal for Electric Vehicles Production in China

Jun 5, 2017

German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...

Tags: Daimler, Electric Vehicles

United Caps to Buy Dewit Plastics’ Caps, Closures and Handles Business

Jun 5, 2017

Luxembourg-based United Caps has agreed to acquire Dewit Plastics’ acquire caps, closures and handles business for an undisclosed sum. Under the deal, United Caps will acquire screw, tamper-evident (TE) and child-resistant (CRC) ...

Tags: United Caps

Audi Secures Automated Vehicle Testing License in New York

Jun 2, 2017

Audi of America has secured approval from New York to carry out autonomous vehicle testing in the state. Audi intends to demonstrate and test vehicles in New York with Society of Automobile Engineers (SAE) Level 3 automation. It will ...

Tags: Audi, autonomous vehicle

Naturex Develops Natural Antimicrobial Solutions Meat Products

Jun 2, 2017

Naturex has developed two natural and taste-free antimicrobial ingredients to prevent spoilage in meat products. Antimicrobials are agents that kill or inhibit the growth of microorganisms such as bacteria, yeast and molds in food ...

Tags: Naturex, Meat Products

Nestle to Lower Salt Content in Maggi Range

Jun 2, 2017

Nestle is planing to revamp its Maggi brand in the next three years to offer tastier and healthier choices for consumers. The move is part of the new Maggi Simply Good initiative, which includes lowering salt content in the Maggi range, ...

Tags: Nestle, vegetables

Bosch Works with Partner on New Camera Technology for Self-Driving Cars

Jun 1, 2017

Bosch has partnered with Sony Semiconductor Solutions to develop a camera technology that will allow automated driving cars to reliably sense their surroundings even in difficult lighting conditions Suddenly dazzled, vision restricted: ...

Tags: Bosch, Semiconductor

Samsung Sdi Completes Construction of Ev Battery Plant in Hungary

Jun 1, 2017

Samsung SDI has completed the construction of an electric vehicle (EV) battery plant in Hungary. Samsung SDI President Jun Young-hyun hosted a completion ceremony for the state-of-art electric vehicle (EV) battery plant scheduled to open ...

Tags: Samsung SDI, electric vehicle, battery

Conagra Brands to Sell Wesson Oil Brand to J. M. Smucker

Jun 1, 2017

Conagra Brands (CAG) has signed an agreement to divest its Wesson oil brand to the J.M. Smucker (JMS). The transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals. The ...

Tags: Conagra Brands

General Motors Hit with Diesel Emissions Cheating Lawsuit

May 31, 2017

General Motors (GM) has been accused of using a device in its diesel-powered vehicles in order to cheat on emissions tests, similar to Volkswagen scandal. A group of more than 700,000 owners and lessees of GM’s Chevrolet Silverado ...

Tags: General Motors, Diesel Emissions

Bmw M8 Sports Car Set to Arrive in 2018

May 31, 2017

BMW has announced that its new-for-2018 M8 GTE challenger will make its global race debut at next year's Rolex 24 Hours at Daytona. The new M8 model will be equipped with classic M features including larger air intakes, modified brakes ...

Tags: BMW, Sports Car

Beyond Burger Expands to Safeway Stores

May 31, 2017

Beyond Meat said it will expand US distribution of its Beyond Burger into the meat section of Safeway grocery stores. The ground-breaking burger’s expansion into Safeway marks a substantial push by Beyond Meat into the mainstream ...

Tags: Beyond Meat, grocery

Pegasus Food Futures to Build New Facility in Abu Dhabi

May 31, 2017

Pegasus Food Futures has finalized plans for a new facility in Abu Dhabi. The organisation is aimed at providing solutions to global food supply challenges through operations and innovations in livestock, feed stock and food production. ...

Tags: Pegasus Food, food

Ardent Mills Recalls Flour Products Over Possible E. Coli O121 Contamination

May 31, 2017

Ardent Mills is recalling several brands of flour and flour products in Canada because of possible E. coli O121 contamination. The Canadian Food Inspection Agency has asked the flour-milling company to recall the products partly made by ...

Tags: Ardent Mills

Campbell Soup Invests in E-Commerce Meal Marketplace Chef'd

May 26, 2017

Campbell Soup has invested $10m in Chef'd, the US online meal-kit business, to expand its e-commerce capabilities. The investment which is part of a Series B funding round makes the New Jersey-based canned soup producer the largest ...

Tags: Campbell Soup, meal

CREE Launches ZR-Rk LED Troffer Retrofit Kit

May 25, 2017

LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has expanded its ZR Series LED troffer family by adding the new ZR-RK Retrofit Kit. Designed to deliver maximum improvement with minimum effort, the four-part design can be ...

Tags: CREE, LED