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. ...
The European Commission has approved German plans for an infrastructure network for charging electric vehicles throughout the country. The German government plans to invest €300m over four years to the increase access to high-speed ...
Tags: EU Approval
The installation of a new 6-inch (150mm) Davis-Standard extruder and strategic line upgrades have enabled Mid South Extrusion of Monroe, Louisiana, to improve throughputs while delivering a broader slate of HDPE procession options. The ...
Tags: HDPE, LLDPE films
The UK government has announced a £23m funding for hydrogen vehicles infrastructure to speed up adoption. Hydrogen fuel providers will be able to bid for funding in partnership with organisations that produce hydrogen vehicles to ...
The European Bank for Reconstruction and Development (EBRD) is providing a $15m loan to Agrofusion Group, the largest tomato paste producer and exporter in Ukraine. Agrofusion, a vertically integrated and family-owned company, is planning ...
Tags: European Bank, tomato
A network of smart hand pumps across the region could provide a way of monitoring groundwater reserves and improve the management and conservation of scarce water resources. Predicting groundwater depth Around 1 million hand pumps ...
Tags: smart hand pumps, pumps
Cenveo has reported financial results for the fourth quarter and full year ended 31 December 2016. The reported results for all periods presented exclude the operating results of the Company's packaging operating segment and its top-sheet ...
Give and Go Prepared Foods has closed its acquisition of the muffin business of United Baking and its subsidiaries Uncle Wally’s and Vision Enterprises. Based in Shirley, New York, Uncle Wally’s is a leading pure-play ...
Tags: Prepared Foods, Muffin
Japanese automaker Nissan has demonstrated its latest autonomous drive technology on public roads in Europe for the first time. The demo took part in the east of London. Prior to this, the automaker has carried out public-road testing of ...
Tags: Self-Driving Cars, Nissan
Ericsson, Orange, and PSA Group, owner of the Peugeot and Citroen car brands, have carried out connected-vehicle field trials using 5G technology. The trials were undertaken in France as part of the vendors' Towards 5G project, which took ...
Tags: Ericsson, Connected Cars
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
The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
Pakistan plans to ambitiously grow its LNG imports over the next few years, Adnan Gilani, the chief operating office of Pakistan LNG Ltd. (PLL), re-affirmed at the LNG Supplies for Asian Market (LNGA) conference in Singapore this week. ...
Tags: LNG, LNG imports
Global demand for LED chips has been picking up strongly, and is expected to finally exceed supply in 2017. In addition, Apple has recently patented a new smartphone solution that would use a range of Micro LEDs for fingerprint recognition. ...
Tags: LED chips, LED industry
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