Volvo has said that its Polestar performance division is set to become a standalone high-performance electric car brand. Volvo acquired 100% stake in Polestar Performance in July 2015 and both the companies have been working together in ...
Tags: Volvo, electric car
Ford said it will start importing Focus compact cars from China in the second half of 2019, cancelling earlier plans to build the small-car model in Mexico. Models will come from the company’s existing Focus plants globally. ...
Tags: Ford, compact car
German industrial packaging firm Mauser Group is investing $10m in a new packaging facility in Geismar, Louisiana, US. Mauser USA will operate the 40,000ft² packaging and logistics facility, close to the company’s major clients ...
Tags: industrial packaging, packaging
Nestlé USA has forayed into the direct-to-consumer (DTC) prepared meals business by acquiring a minority stake in Freshly. The Nestle subsidiary was the leading investor in a $77m funding round in the DTC healthy prepared meals ...
Tags: Nestle, Prepared Meals
Plant-based frozen smoothie producer Bright Greens has raised a seed round led by Kellogg Company’s venture capital fund eighteen94 capital. Blu Venture Investors, an early stage investment group based in the Mid-Atlantic, also ...
Tags: Bright Greens, Smoothie
Cartridge-based metering, mixing and dispensing systems manufacturer Sulzer Mixpac has filed lawsuits against F-System cartridge copiers and secured key judgments. The MIXPAC F-System provides a compatible system with cartridges of 200 mL ...
Tags: dispensing systems, mixing systems
The global UV LED market will increase from $288m in 2017 to $526m in 2020 while it rises at a compound annual growth rate (CAGR) of 34% during 2015-2020, projects LEDinside (a division of TrendForce). UV LEDs are used particularly in ...
Tags: UV LED, LED package
Google’s self-driving subsidiary Waymo is retiring its prototype autonomous vehicle, dubbed Firefly. The Firefly vehicle, which has no wheel and pedals, was developed as a platform to experiment and learn, but not for mass ...
Tags: Google, autonomous vehicle
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
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E3 2017 is almost here, and that means all the big companies are gearing up to showcase a catalogue of fantastic games and exciting new announcements. The usual big hitters are present and accounted for, including Sony and its impressive ...
Games and puzzles have proven to be one of the fastest growing toy categories on a global basis, according to Euromonitor. The market research firm revealed that the category registered an eight per cent in growth during 2016, outpacing ...
Tags: Games and puzzles, puzzles
Hoping for a Sony PlayStation Vita 2? Your luck is out, as one Sony exec pours cold water on the prospects of another handheld in the near future. When the PS Vita launched back in Japan in 2011 (and 2012 for the rest of us), the hype was ...
Apple upgraded its iMac range recently and the teardown experts over at iFixit have already got their hands on the 21.5-inch model. This time around, however, the team didn't reveal the usual difficult-to-upgrade internals we've come to ...
Tesla has shared the first image of the Model Y – a compact electric SUV – during a shareholder meeting at the Computer History Museum in California. The picture (see main image) doesn't tell us much, other than the fact the ...
Tags: Tesla, electric SUV
Scottish spirits company Edrington has taken full ownership of its Americas Travel Retail operations after agreeing to buy out its joint venture (JV) partner for an undisclosed amount. The former JV, Edrington Webb Travel Retail Americas ...
Tags: whisky