Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
Tags: PSA Group, SAIPA, JV agreement
Toyota has introduced a new Lexus compact crossover concept vehicle, the UX Concept, at the 2016 Paris Motor Show. Designed by ED2, Lexus' design centre in the South of France, the UX Concept represents a new step in the company's design ...
Tags: Toyota, 2016 Paris Motor Show
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
The two aim to implement women’s empowerment strategies at toy factories in India, from preserving women’s health rights to ensuring equal pay. ICTI CARE has teamed with BSR to advance women’s empowerment in global ...
John Lewis has signalled its commitment to financial services provision by announcing its intention to launch a new John Lewis Finance brand. The brand will encompass John Lewis' growing range of financial services products – which ...
Tags: John Lewis, commitment, Finance brand
In a 25,000-square-foot commercial office on the Rensselaer Technology Park campus in Troy, N.Y., scientists from the Lighting Research Center (LRC) at Rensselaer Polytechnic Institute are making plans to install LED lighting with ...
Tags: LRC, SSL, 3D printing
Linx Printing Technologies has introduced new compact Continuous Ink Jet (CIJ) printer, Linx 10, for the coding and marking industry. Capable of delivering quality two line codes, the Linx 10 coder can be used by specialist and artisan ...
Tags: Linx, CIJ printer, Linx 10
Nearly 60 percent of the real estate agents polled said they are seeing more smart home features in listing descriptions than they did two to five years ago. Everyone is talking about the connected home. Smart home technology is becoming ...
Tags: CES, connected home, home technology
The upgrade to iOS 10.1 will let Apple's iPhone 7 Plus take full advantage of its dual lens camera to create a greater sense of depth in portraits. The only standout feature on the camera at launch was the 2x optical zoom, which allows ...
Tags: iOS 10.1, iPhone 7 Plus, Bokeh effect
Are you a proud owner the of the Apple Watch Series 2? Try this: With the screen off, turn the Digital Crown towards the top of the display. Neat, right? With the Series 2, Apple has added a feature called "Wake Screen on Crown Up." As ...
Apple wants HealthKit to become the central medical analysis tool that doctors and patients have been waiting for, according to Bloomberg. Apple plans to turn HealthKit app bundle into a full-fledged diagnostic tool that interprets ...
Tags: Apple HealthKit