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Embark Unveils Self-Driving Truck

Mar 1, 2017

US-based Embark has unveiled its self-driving truck technology to the public. The company—which gained approval by the State of Nevada earlier this year to begin testing its truck on public roads—has created a technology that ...

Tags: Self-Driving Truck, Embark

Ford Selects Oracle HCM Cloud to Manage Team Experience

Mar 1, 2017

Ford Motor has selected Oracle's HCM Cloud Suite to help improve the employee and manager experience. Traditionally, businesses have used multiple platforms to manage their HR needs. Today, the cloud has changed this as companies seek a ...

Tags: Ford, HCM Cloud Suite

Ford to Invest $1bn in Argo AI for Virtual Driver System

Mar 1, 2017

Ford Motor said it will invest $1bn over the next five years in artificial intelligence company, Argo AI, to help put fully autonomous vehicles on the road by 2021. The two companies will develop the core technology of Ford’s ...

Tags: Ford Motor, Virtual Driver System

PSA Group Confirms Talks to Acquire GM's Vauxhall and Opel Brands

Mar 1, 2017

French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...

Tags: automaker, PSA Group

Waymo Sues Uber for Alleged Theft of Self-Driving Technology

Mar 1, 2017

Waymo has filed a lawsuit against Uber and its subsidiary Otto for allegedly stealing key parts the self-driving technology. The self-driving subsidiary of Google claims that one of its former employees Anthony Levandowski had downloaded ...

Tags: Waymo, Self-Driving Technology

Unilever Rejects Kraft Heinz's $143bn Merger Proposal

Mar 1, 2017

British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...

Tags: multinational consumer goods, Unilever

Ardian Divests Stake in German Food Firm Frostkrone to Emeram Capital Partners

Mar 1, 2017

Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...

Tags: Ardian, snack products

Sweden's Cloetta Agrees to Acquire Candyking

Mar 1, 2017

Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...

Tags: Candyking, candy

Maple Leaf to Acquire US Protein Foods Manufacturer Lightlife Foods

Mar 1, 2017

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

Mead Johnson to Buy Bega Cheese's Spray Drying and Finishing Capabilities in Australia

Mar 1, 2017

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

Nestle's KitKat Launches New Peanut Butter Flavour

Mar 1, 2017

Nestlé’s KitKat brand has launched a new peanut butter flavour of its shareable KitKat Bites. The introduction of the new flavour marks the first time that the praline layer of KitKat has been replaced. Peanut butter fills ...

Tags: KitKat, Peanut Butter

Maison&Objet Suspends Its Asian and American Editions

Feb 27, 2017

SAFI, organiser of the Maison&Objet trade fairs, announced the suspension of its Asian and American editions in order to concentrate all of its available means and resources on the Paris-based events, as well as on the promising launch of ...

Tags: digital platform, SAFI

Tecno Acquires a Majority Stake in Zanotta

Feb 27, 2017

Tecno, the historic brand founded in the 1950s by the Borsani brothers and led by Giuliano Mosconi since 2010, acquires a majority stake in Zanotta, one of Italian design’s most well-loved and important companies since the 1950s. ...

Tags: Tecno, office furniture

IKEA to Have a Special Exhibit at Salone Del Mobile

Feb 24, 2017

Swedish furniture brand IKEA is set to innovate its way further into the design world with a micro-festival opening during Salone del Mobile in Milan from April 4 to 9. After partnering up with Ilse Crawford, Form Us With Love, Tom Dixon ...

Tags: furniture, IKEA

Ritmonio Opens New Channels of Communication

Feb 24, 2017

Ritmonio aims to reinforce the image of the company by representing a high level entrepreneurial reality, that is able to match aesthetics and design made in Italy offering a service of consulting and planning at top levels. In its ...

Tags: Ritmonio