WiTricity is working with General Motors (GM) to test an advanced wireless charging system prototype for electric vehicles. The companies are working together to test WiTricity's Drive 11 park and charge system, designed for maximum ...
Tags: WiTricity, General Motors
Minnesota based cereal company Post Consumer Brands is expanding its distribution operations in Salt Lake City in Utah with a $50m facility. The company has begun the construction on a 901,000ft2 facility near the Northwest Quadrant ...
Tags: Post Consumer, cereal
French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
A new study by Technavio has revealed that increase in demand for craft beers will boost the beer market in Europe through 2020. Europe's beer market is anticipated to increase at a steady compound annual growth rate (CAGR) of over 1% ...
Tags: Craft Beer, Beer
The European Bank for Reconstruction and Development (EBRD) has agreed to provide €18.5m of loan to Global Beer Georgia (GBG) to construct and operate a greenfield brewery in Georgia. It will be a syndicated loan package which will ...
The Everstone Group has acquired an undisclosed stake in Mumbai-based OmniActive Health Technologies for $35m. The acquisition is aimed at accelerating Everstone's growth in the fast-expanding nutraceuticals space. OmniActive is a major ...
Tags: Everstone, OmniActive
The ranking list of Guangxi Top 100 Innovation Enterprises was issued recently. As the first list for regional innovation enterprises issued by China, it comprehensively considers the innovation capability of Guangxi enterprises through ...
Tags: Yuchai Machinery, diesel engine
Beiyang (literally meaning "the northern ocean") Fleet was established by the Qing Dynasty (1644-1911) in 1871 as one of four modernized regional navies when the dynasty faced a crisis and launched a series of reforms. Though it was the ...
Tags: Beiyang Fleet
Despite the global economic slowdown and tougher competition to attract capital, Shanghai attracted $18.5 billion in overseas investment in 2016, marking the 17th consecutive year of growth. According to official figures released by the ...
China's direct investment in the U.S. is expected to grow fast in 2017, but political realties pose major downside risk to it, according to a research report by a U.S. consulting firm. Chinese companies invested a record of 45.6 billion ...
The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an "irresponsible" media report that the yuan had fallen below that ...
Tags: US dollar, Chinese economy
As 2016 comes to an end, there were many exciting and surprising technology breakthroughs, based on statistics complied by LEDinside there were at least 10 major technology advancements this year. American researchers make droop free LEDs ...
Apple's revamped line of MacBook Pro laptops -- its first major update in more than four years -- will keep the standard headphone jack as one of the ports. That means you'll be able to plug in any pair of headphones -- except for Apple's ...
Tags: Apple, MacBook Pro, iPhone 7
If you're planning to trade in your old MacBook Air or slot-loading MacBook Pro for a shiny new Apple computer, you're going to see a major difference as soon as you open the lid. All of Apple's latest machines come with a "Retina Display." ...
Tags: Apple, MacBook Air, MacBook Pro