Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
Volkswagen has unveiled its Transform 2025+ strategy, further detailing the company's plans for the decade ahead. This plan aims to reduce the capex ratio and the development cost ratio to a competitive level in the next few years – ...
Tags: Volkswagen, Electric Car
Daimler Trucks North America (DTNA) held its biennial aftermarket conference ‘Evolution’ recently, with a focus on the company evolving to meet customer needs. The event is the only conference of its kind that includes all ...
Tags: Daimler Trucks, Customer Needs
Chinese-backed electric vehicle developer BYD America has launched the industry’s first all-electric, long-range electric garbage truck, a project jointly developed with Wayne Engineering, the Iowa-based refuse industry equipment ...
Tags: Electric Garbage Truck, BYD
UK-based sustainable packaging provider Petainer has introduced new rental agreements to enable its customers to access its petainerKeg blowing and filling lines. Manufactured from highly engineered advanced polymers, the petainerKeg is a ...
Tags: sustainable packaging, Petainer
Pritzker Group Private Capital has completed the acquisition of US-based flexible packaging company ProAmpac from private equity firm Wellspring Capital Management. Financial terms of the deal, which was signed in October 2016, were ...
Tags: flexible packaging, Pritzker
Amazon is looking to hammer a final nail into the coffin of traditional cable television by streaming live sports, according to a new report. The Wall Street Journal has published an extensive report detailing Amazon’s supposed bid ...
UK's not-for-profit consumer group The Campaign for Real Ale (CAMRA) is calling for the renewal of a beer duty freeze as the government prepares to unveil its latest proposals for the economy. The group is calling for a beer duty freeze ...
Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
Amazon's Black Friday event has already kicked off, and today we've got another discount worth checking out. The retailer has knocked a hefty £30 off the price of its Kindle Paperwhite, meaning you can pick up this stellar e-reader ...
Tags: Kindle, Black Friday
Samsung recently announced its plans to acquire connected car tech firm Harman, in a deal worth $8 billion – the company's largest ever acquisition. The move prompted many to speculate that Samsung could use Harman audio technology ...
Tags: Samsung, smartphone
Currys has knocked 50% off the price of the Chromecast Audio, bringing the price down to just £15. For the unaware, the Chromecast Audio basically makes your existing speakers “smart”. It plugs into a standard 3.5mm ...
Tags: Currys, Chromecast Audio
Facebook's CEO Mark Zuckerberg has provided an update on what the company is doing to combat fake news on its platform, following a week of criticism about the extent to which misinformation could have influenced the US election. As a ...
Tags: Zuckerberg, Facebook
Toyota Research Institute (TRI) today announced that it will join forces with the Open Source Robotics Foundation (OSRF) and its newly-formed for profit subsidiary Open Source Robotics Corporation (OSRC) to expand the development of both ...
Tags: Toyota, Open Source Robotics
Iraq's parliament has passed a bill for a complete ban on the sale, import and production of alcohol. The law entitles the state to fine Iraqi dinars 25m ($21,000) for anyone violating the alcohol ban. However, the parliament ...
Tags: Alcohol, alcohol ban