General Motors has bought the assets and technology of ride-sharing provider Sidecar as the company gears up to address competition from companies like Uber. The company had recently invested $500m in Lyft, a ride-sharing provider. For ...
Tags: General Motors, Sidecar
Pinnacle Foods has completed its acquisition of Boulder Brands. Following the completion of its successful tender offer to purchase all outstanding Boulder shares for $11.00 per share in cash, Pinnacle acquired all remaining Boulder ...
Tags: Pinnacle Foods, Boulder Brands
Everything you need to know about MWC 2016, from show dates and attendees to the likely big announcements This year's Mobile World Congress takes place in Barcelona from February 22 through to February 25. MWC invariably proves to be ...
Motorola has refuted reports that its Moto G and Moto E smartphone lines are to be culled. The company's Chinese owner, Lenovo, recently revealed that the Motorola brand was to be phased out, and that the American entity's phone range was ...
Tags: Motorola, Moto G, Moto E, smartphone
The Oculus Touch controllers for the Oculus Rift VR headset will not launch until the second half of 2016, the Facebook-owned company announced on Thursday. Oculus VR says it needs more tome to ‘perfect’ the handheld Touch ...
Tags: Oculus Touch, VR headset
Star Wars was not the only force making a come-back in 2015. The return of generic advertising brought with it a promise of increased profitability for the diamond trade. Even as numerous stories reflecting pain in the industry vied for our ...
House prices in the UK will see an average increase of 6% over the course of next year, according to the RICS housing forecast for 2016. With house prices predicted to rise across the whole of the UK in 2016, East Anglia is continuing the ...
Tags: UK House Prices
For fiscal second-quarter 2016 (to 26 December), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $94.1m (slightly above the $88-94m guidance). This is up ...
Tags: Oclaro, Wireless sales
Verso Corporation announced a new printed promotion for its premium coated paper, Sterling Premium, titled Sterling Premium. Paper, Elevated. This new printed brochure showcases the exceptional print quality of Sterling Premium through ...
Tags: Verso, Premium Paper
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 ...
Design and packaging firm Graphic Packaging International has agreed to acquire 100% of Australian folding carton supplier Colorpak. Under the agreed terms, Graphic Packaging would pay $0.68 per share inclusive of a fully franked dividend ...
Tags: Graphic Packaging, Folding Carton
In an effort to continue delivery of industry-leading vehicle valuation insights to its business-to-business customers and improve their user experience, NADA Used Car Guide launched a new NADA Values Online product (formerly known as NADA ...
Tags: Used Car, NADA Values Online
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
The European Union (EU) has ended an investigation without changing the minimum import pricing previously agreed on for China-produced PV modules, according to China's Ministry of Commerce. The EU in 2013 imposed antitrust tariffs on ...
Tags: PV Modules, PV
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks