Usually when we use the word 'blistering' to describe a tech product it can only have positive connotations. Well not today. Basis, the makers of the Peak activity tracker, has pulled the device from sale after a number of users ...
Tags: Smartwatch, Basis, Peak watches
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
A new smartphone from Danish manufacturer Lumigon is the first to feature a night vision camera. Smartphone cameras seem to be getting better and better, particularly when it comes to low-light performance. The new Lumigon T3, however, ...
Tags: Lumigon T3, Smartphone
JAC Motors remains the industry’s sales champion, having sold 300,000 S3s during the last 20 months. The S3 has set several records since its launch, from achieving a breakthrough of 10,000 units in its first month, to overtaking ...
Tags: JAC Motors, engine
Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...
Tags: Valeo, FTE Automotive
Mondi Group has agreed to acquire 90% stake in Turkish consumer packaging firm, Kalenobel, for €90m. The company will purchase the outstanding share capital in Kalenobel from Argus Capital and M. Olcay Hephiz, one of the company's ...
Tags: Mondi, Turkish Packaging
American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
The US Food and Drug Administration issued draft guidance for public comment that provides practical, voluntary sodium reduction targets for the food industry. Average sodium intake in the U.S. is approximately 3,400 mg/day. The draft ...
AMD fired shots across the bow of Nvidia at its Computex press conference, announcing a brand-new, $200 graphics card that supports VR gaming. When it goes on sale on June 29th, it'll be the cheapest GPU you can buy with these capabilities. ...
Tags: AMD, Nvidia, Graphics Card
Standard Motor Products has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71m, subject to post-closing adjustments. The acquisition will include the purchase of ...
Custom packaging helps brands and businesses to enhance their brand value, increase sales, minimize returns, optimize costs and achieve 100% customer satisfaction. This is exactly what DCGpac has been helping businesses with. The company ...
Tags: Custom packaging, packaging
Truly Spiked & Sparkling today announced its new, clean and refreshing spiked sparkling water will be available to drinkers all around the country. At 100 calories and 2 grams of carbs per serving, Truly Spiked & Sparkling (5% ABV) is the ...
US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...
Tags: HC2 Holdings, ethanol, rail sectors
Amplify Snack Brands has launched a public offering for 10,000,000 shares of the company’s common stock. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of ...
Tags: Public Offering, Amplify Snack
Performance Food Group Company has launched a secondary public offering of its common stock. Certain stockholders of PFG are offering for sale to the public 12 million shares of PFG’s common stock owned by them. The Selling ...
Tags: Common Stock, PFG shares