Israel-based ingredients company Frutarom has acquired 50% stake in Algalo Industries to fortify its position in algae-based products segment. Frutarom has invested NIS10m ($2.6m) to acquire the stake. As part of its growth strategy, ...
Tags: Frutarom, algae-based products
General Motors is teaming up with ride hailing service provider Lyft to create an integrated network of on-demand autonomous vehicles in the US. Under the agreement, General Motors (GM) is planning to invest $500m in Lyft to help the ...
Magna International Inc. announced that its "Moving People" exhibit at the CES 2016 world stage in Las Vegas will showcase innovations which seek to address key industry challenges related to connected vehicle security and driver safety. ...
Tags: CES 2016, vehicle cyber security
Global cockpit electronics supplier Visteon Corporation, will show a full range of head-up display (HUD) solutions for vehicles at the 2016 International CES, Central Plaza (CP20) at the Las Vegas Convention Center. Visteon will exhibit ...
Tags: head-up display, vehicles
Google has announced that it will start testing its self-driving vehicles in the city of Kirkland, Washington. This announcement was made in the official Google Self-Driving Car Project Google Plus page. According to Google, Kirkland ...
Tags: Google, Self-Driving Vehicles
Swiss dairy processing company Emmi is to purchase 60% stake in Dutch goat cheese maker Bettinehoeve in order to bolster its growth prospects in the fresh goat‘s milk and cheese segments. Following the completion of transaction, ...
Tags: goat milk products, cheeses
California-based Stone Brewing is set to launch Stone Pataskala Red X IPA, a new red IPA made with Red X malt from Germany-based BESTMALZ. The limited edition release will be introduced in 12-ounce six packs for retailers and on draft to ...
Tags: Stone Brewing, Red X
Ningbo Joyson, a Chinese company that produces automotive and industrial electronics equipment has acquired US based airbag maker Key Safety Systems (KSS) for $920m. KSS is a Michigan-based engineering safety products supplier of ...
Tags: airbag, Ningbo Joyson
UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
API, a manufacturer of foils, laminates and holographics, has stated that its foils are adding impact to the packaging and labels produced by Edale's narrow web label presses, due to use of Xaar Digital Print Bar System. The new ...
Tags: foils, laminates, holographics
A Chinese court has penalised two units of US-based food processing company OSI Group with up to $364,875 and sentenced imprisonment to 10 of its employees claiming that it sold outdated products to fast-food chains such as KFC and ...
Tags: Food Safety, McDonald's
Boston Beer Company has launched Samuel Adams nitro beers across the US, after three years of trials. The three new ales - Nitro White Ale, Nitro IPA, and Nitro Coffee Stout, are the result of Samuel Adams Nitro Project. 'Nitro' refers ...
Tags: Beers, Boston Beer
Unilever is reducing the size of its ice cream offerings Cornetto, Ben & Jerry's and Feast by one third in an effort to bring all its single-serving ice creams to 250 calories. This move comes in response to the UK government's ...
UK-based food ingredients manufacturer Sensient Flavours has developed low-fat and reduced-sugar ingredients to be used in the ice cream segment in order to cater to the increasing number of health-conscious consumers. The company's ...
PowerPost EVSE debuts its new wall-mounted electric vehicle charging stations today at the Portland Auto Show. Telefonix, Inc., manufacturer of the PowerPost commercial electric vehicle charging station (EVSE) product line, introduces its ...
Tags: Portland Auto Show, PowerPost