Tesla Motors said it will sell about $1.7bn of common stock to fund the production of the newly announced Model 3 car, which is scheduled to hit the market in late 2017. The Model 3 achieves 215 miles of range per charge while starting at ...
Tags: Tesla Motors, Model 3 car
Consumer goods conglomerate ITC is planning to set up eight new integrated food processing units in India by 2019, by investing over Rs 40bn ($593m). According to ITC divisional chief executive V L Rajesh, the investments are part of the ...
UK-based snacks manufacturer Tyrrells Potato Crisps has acquired German organic food manufacturer Aroma Snacks for an undisclosed sum. The deal marks Tyrrells' second acquisition in nine months after the purchase of Yarra Valley Snack ...
Tags: Aroma Snacks, Potato Crisps
USANA Health Sciences, the global nutritional company, is launching its new, low-glycemic load and gluten-free? USANA MySmart Foods line — composed of protein-based shakes and bars. Through MySmartFoods, USANA delivers a customized ...
Tags: Personalized Foods, bars
Nissan has denied the allegations made by South Korean Ministry of Environment (MOE) that its UK-built Qashqai SUV diesel models were fitted with emissions defeat devices. The South Korean Ministry of Environment found that Nissan Qashqai ...
Tags: diesel models, SUV
Several China-based first-tier and second-tier PV makers have been expanding or plan to expand solar cell production capacity in China or overseas, and they are likely to ramp up an additional annual capacity of as much as 15GWp in ...
Tags: PV makers, Solar Cell
Driverless cars are expected to take the world by storm from 2020 onwards, and BMW is already planning its entry. BMW has announced that it plans to release a fully functional autonomous vehicle as soon as 2021. It’s one of the ...
Vienna-based brewery and restaurant Caboose Brewing Company will take over Mosaic's Strawberry Park from 12 p.m. to 4 p.m. to celebrate its first anniversary. The company is also planning to open its second location in the neighborhood. ...
Tags: Caboose Brewing, Strawberry
Korea-based food company Pulmuone Foods has completed acquiring almost all the assets of Vitasoy USA for an undisclosed sum. The acquisition is intended to strengthen Pulmuone's position in the tofu market, while fortifying its operations ...
Tags: Pulmuone Foods, USA market
Agricultural and seed company Monsanto is looking to exit its biotech soybean seeds business in Argentina, as it faces problems in collecting seed royalties and with a depreciation in the country’s currency. The seed company is in ...
Tags: Soybean Seeds, soybean
Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, the Co-operative has forecast an opening market-linked organic milk price of $9.20 per kg milk solids ...
At drupa, the stage will be set for Konica Minolta to officially launch KM-1, underscore its commitment to the label and packaging markets, unveil more plans in its cooperation strategy with MGI across the globe as well as break new ground ...
Tags: Konica Minolta, Drupa 2016
Sprout Nutrition and CROSSMARK have entered into a new nationwide partnership to bring organic whole foods to babies, toddlers and all family members. The "win-win" partnership gives Sprout expanded category presence and broad access to ...
Tags: Sprout Organic, CROSSMARK
US-based Bama Foods plans to expand its production facility in Owasso, north Tulsa after it secured a contract supply hotcakes to McDonald’s. The expansion will result in adding 55 jobs at the location. Bama CEO Paula Marshall ...
Tags: Bama Foods, McDonald, Hotcakes
UK-based Riversimple has unveiled two new models as continuation to its Rasa hydrogen fuel cell vehicle. The new models were announced at the London Motor Show. One is a four-seater car and the other a van. Rasa is claimed to offer ...