HP is to axe 1,124 UK jobs at the start of 2014 in a move that union Unite claimed was a result of "a long-term addiction to a culture of job cuts". The systems giant is cutting 29,000 jobs worldwide - some eight per cent of its workforce ...
Nylstar, one of the leading suppliers of nylon 6.6 and worldwide known by its brand Meryl, announces an investment of more than 1.200.000€ that enables the company to significantly increase its production capacity from 15.000 to 17.000 ...
Tags: Nylstar, Production Increases
PetroNeft (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Drilling operations re-commenced Production currently 2,300 bopd, workovers ...
Transport for London is introducing Harvard's LeafNut system as part of a massive overhaul of its street lighting. TfL says it's the largest ever single investment in London's street lighting history. There are two main parts of the ...
Tags: Lights, Lighting, Street Lights
AMI Insurance, a subsidiary of global underwriter IAG, has implemented Exigen's policy administration, billing and claims technologies for motor vehicle lines of business, with an aim to boost its operational efficiency. The ...
Aspen Reinsurance's capital markets division has established a new special purpose insurer called Silverton Re to offer additional collateralized capacity to support Aspen Re's global reinsurance business. Bermuda domiciled Silverton Re ...
Tags: Aspen Reinsurance, new special purpose insurer, Silverton Re
Caprari S.p.A. has taken a new step forwards and has embarked upon an important project. The decision is based on the need to support a market that demands an increasingly more comprehensive range of products and qualified solutions in ...
Volvo Cars will initiate an autonomous driving pilot project from next year, with 100 self-driving cars to hit public Gothenburg roads by 2017. Dubbed 'Drive Me', the autonomous driving pilot is a joint venture between Volvo Car Group, ...
Tags: Volvo, Autonomous Driving Pilot
With an aim to cater to the needs of youth population of India, Spice Retail Limited has launched the "Smart Flo Mettle 5X- Mi 504" smartphone. Two more models in the Mettle series the Mettle 4X and Mettle 3.5X will be launched later ...
Tags: smartphone, youth population
Swedish automobile manufacturer Volvo Car Group will play a key role in the world's first large-scale autonomous driving pilot project, 'Drive Me – Self-driving cars for sustainable mobility', in Sweden. Endorsed by the Swedish ...
Tags: Volvo, driving pilot project, car news
Green Biologics Ltd. a technology developer and emerging bio-based C4 chemicals producer, focused on renewable n-butanol, based near Oxford, UK announced today the closing of a £15.4 million ($25 million) Series B round led by ...
Tags: Green Biologics, Construction, Decoration
PhotonStar customers will have the option of ordering many of the company’s high performance LED lighting products with a prewired Lutron Ecosystem driver, straight from the factory. Lutron’s EcoSystem protocol seamlessly ...
Tags: LED Product, Lighting
GeoPark Limited ("GeoPark"), the Latin American oil and gas explorer, operator and consolidator with operations and production in Chile, Colombia, Brazil and Argentina (AIM: GPK), is pleased to announce that it has been awarded two new ...
Tags: Metallurgy, Mineral, Energy
The head of Audi UK has confirmed the Audi Sport quattro and Nanuk quattro concepts are currently being evaluated for production, with both models aimed at boosting the marque’s image and desirability. Andre Konsbruck told Autocar ...
Tags: Audi Sport, Nanuk quattro
Aureus Mining Inc. (TSX: AUE) (AIM: AUE) ("Aureus Mining" or the "Company") is pleased to announce that DRA Mineral Projects ("DRA") has been awarded a contract to provide engineering, procurement, construction and management ("EPCM") ...
Tags: Metallurgy, Mineral, Energy, gold