The California Public Utilities Commission (CPUC) approved San Diego Gas & Electric's (SDG&E) Electric Vehicle Grid-Integration pilot project, signaling the "green light" for the company to own and install thousands of electric vehicle (EV) ...
Tags: Electric Vehicle, renewable energy
Omnitracs, a global pioneer of fleet management solutions to transportation and logistics companies, announced the introduction of Intelligent Vehicle Gateway (IVG) – brand new, cutting edge technology designed to spearhead the next ...
Ford Motor Company is changing its method for reporting pension and other postretirement employee benefits (OPEB) to provide a clearer view of Ford's operating performance and segment results. "Ford has delivered consistently strong ...
Tags: Ford Motor, OPEB Plans
Adidas will emerge from 2015 with one of China's best reputations for corporate social responsibility thanks to recognition from a variety of domestic non-profits and the Chinese Communist Party. On Nov. 1, the Chinese Academy of Social ...
Tags: CSR Awards, Adidas China
Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
Smartphone brands in China are expected to enter a new phase of consolidation in 2016 as some vendors have sold their sub-brands or introduced new strategic partners, according to industry sources. Smartphone brands in China were active ...
Tags: Coolpad, Nubia, Smartphone
More and more Chinese enterprises are choosing India as a destination for investment, as the country is becoming more open to foreign capital. In a keynote speech at the China-India Business Forum in Shanghai, made during his visit to ...
Tags: Investment Destination, India
It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...
Tags: Special Fund, Zombie Companies
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...
Finnish disposable packaging manufacturer Huhtamki has agreed to acquire Fiomo, a multi-layer flexible packaging foils producer in Czech Republic. The transaction, which is expected to be finalized in early 2016, is valued at around 28m. ...
Corrugated packaging company Pratt Industries has recently commissioned a new $260m containerboard production line at its greenfield paper mill in Valparaiso, in the US state of Indiana. The OptiConcept M board making line was supplied by ...
Tags: Pratt Industries, containerboard, Packaging
Sonoco Consumer Products Europe is planning to close two of its tobacco production plants in Germany, resulting in the removal of 100 employees. The Bunde plant in Northwest Germany will be closed by May 2016 and Hockenheim 3 plant in ...
Tags: Sonoco Consumer Products, tobacco, Packaging
Two self driving car makers, Google and Ford are teaming up to create an independent company to build autonomous vehicles. The companies have not made an official announcement yet, as they are expected to unveil the plan at CES show in ...
Tags: Google, Ford, autonomous vehicles, Auto