New Saab owner National Electric Vehicle Sweden (NEVS) has reportedly re-opened the former Swedish brand’s Trollhattan factory that shut its gates in April 2011 prior to the company filing for bankruptcy later that year. According ...
Tags: Saab Factory, NEVS Production
China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...
Tags: PetroChina, Iraqi Oilfield
A credit crisis in Shenmu, a bustling northwest China county that built its riches on coal, has stoked concerns regarding how quickly the country can complete its economic transition. Hundreds of underground banks that mushroomed in ...
Tags: Economic Transition
BT Sport and partner Timeline Television have implemented a high-speed data transfer and automation platform from Aspera for BT's live sport coverage. Aspera's fasp transfer solution and Orchestra workflow automation software were the ...
Tags: BT Sport, High-Speed File
Snack food company Halo Foods has confirmed its plans to shut down its facility Tywyn, Gwynedd, Wales in November this year, a move which will result in 120 job losses. This development comes after the company completed a seven-week ...
Tags: Halo Foods, Manufacturing Facility
United Pulse Trading, a US-based supplier of pulses and special crops, has opened a $30m food processing plant in Minot, North Dakota. The new facility, which is located in Minot's value-added agriculture complex, will process lentils, ...
The Asia-Pacific region will continue to be the largest market in the world for Purified Terephthalic Acid (PTA) by 2020, thanks to the region’s improving living standards, cross-industry usage of PTA products and expanding ...
Tags: PTA Demand, textile
Private equity investment firm Hellman & Friedman has agreed to purchase the US-based insurance brokerage firm Hub International from Apax Partners in London, in a deal valued at nearly $4.4bn. It is believed that Apax, a private equity ...
A retrospective exhibit tour into the narrow and busy lanes of New York’s once-thriving fashion design and manufacturing hub Garment District is going on at Manhattan’s Skyscraper Museum. Titled as ‘Urban Fabric: ...
Tags: Skyscraper, Garment District
Retailer Jenson USA recently completed an extensive renovation of its superstore in Corona, California. Significant changes to the store's interior décor and layout have allowed the company to expand its selection and increase ...
Tags: Transportation
Salutron, a developer of physiological monitoring solutions for wearable devices and exercise equipment, and Azumio, a developer of consumer mobile health applications have announced Azumio's Argus iOS app integration with the new LifeTrak ...
Shortly after separating its PowerTap product family from its CycleOps trainer and stationary bike brand, Saris Cycling Group announced steep retail price reductions for the power measurement line effective Thursday. Dealer margins are ...
Tags: Powertap
Marl International has started a bilateral engineering partnership with California-based LED lighting manufacturer Bivar Inc. under which the two companies will combine design resources and share IP to bring innovative LED lighting and ...
Tags: LED Lighting, LED, lights
Earnings trend underscores significant progress in corporate reorganization Revenue share of semiconductor-based products above 30 percent for the first time Osram raises earnings outlook slightly for current fiscal year Osram showed ...
Netherlands based fleet management solutions and telematics service provider TomTom has acquired Spain based fleet management company Coordina for an undisclosed sum. With the acquisition, TomTom expects to strengthen its position in ...
Tags: Tomtom, Fleet Management