Tesla Motors said it will sell about $1.7bn of common stock to fund the production of the newly announced Model 3 car, which is scheduled to hit the market in late 2017. The Model 3 achieves 215 miles of range per charge while starting at ...
Tags: Tesla Motors, Model 3 car
Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor
UK-based Riversimple has unveiled two new models as continuation to its Rasa hydrogen fuel cell vehicle. The new models were announced at the London Motor Show. One is a four-seater car and the other a van. Rasa is claimed to offer ...
Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...
Tags: Primary Opinion, Maggi Beer
TerraVia and Bunge are introducing whole algae DHA as a sustainable specialty feed ingredient, which is an omega-3 fatty acid important for humans and animals, especially fish, for healthy growth and development. The two companies will ...
Tags: TerraVia, Bunge, Specialty Feed Ingredient
Boston Red Sox President and CEO Larry Lucchino was appointed by the Dana-Farber Cancer Institute to act as chairman of the Jimmy Fund. Since 1948, the Jimmy Fund has raised millions of dollars to support adult and pediatric cancer care ...
Tags: Boston Red Sox, Larry Lucchino, Jimmy Fund
Chinese technology firm LeEco has unveiled an autonomous electric vehicle (EV) concept car. Dubbed LeSEE, the concept has fully autonomous capabilities, including machine learning of facial, emotion, system, and path recognition. LeEco ...
Tags: LeEco, EV, Electric vehicle concept car
Olam International has entered into a $175m five-year loan agreement with IFC, a World Bank Group unit, to fund its working capital and capital expenditure requirements for four of its food processing facilities in Nigeria and India. The ...
Tags: Olam, IFC, Food Processing Facilities
Bass Pro Shop and Goldman Sachs' private equity arm were partnering on a bid for Cabela's, people familiar with the matter told Reuters. On Tuesday, shares of Cabela's rose $3.14, or 6.4 percent, to $52.51 on the news. Goldman will ...
Tags: Bass Pro, Goldman Sachs
The US Department of Agriculture (USDA) is providing $4.7m grants for food safety education, training, and technical assistance projects, which will enable farmers and small food processors, vegetable and fruit merchants and others to ...
ACCO Semiconductor Inc of Sunnyvale, CA, USA, a fabless provider of RF front-end components manufactured using standard high-volume bulk CMOS processes for smart-phone and Internet of Things (IoT) applications, has closed a $35m funding ...
Tags: CMOS PAs GaAs PAs
The next generation of food entrepreneurs will have the opportunity to combine a high quality degree and on-the-job training under plans for new food degree apprenticeships, Environment Secretary Elizabeth Truss announced. The three ...
Tags: EnvironmentSecretary Elizabeth Truss, Food degree apprenticeships
Holman Automotive will acquire Kuni Automotive to create one of the largest privately owned dealer networks in the US. The acquisition, expected to be finalized this summer, will create a bi-coastal dealer network with 33 dealerships and ...
Global auto giant Toyota is set to open a new research facility in Ann Arbor, near the University of Michigan (U-M) campus, taking the number of its research centers to three in the US. The company will fund research in artificial ...
Tags: Toyota, auto giant
The High Point Spring Market from April 16 to 20 will feature three kinetic sculptures, as part of the High Point City Art Project. The High Point Market Authority (HPMA) has once again partnered with the Southwest Renewal Foundation, ...
Tags: High Point, High Point Sprit Market, High Point City Art Project