The UK government has confirmed that it will start trialling driverless lorry technology in the UK. Earlier in the month the Department for Transport said that the UK was to lead the way in trialling "HGV platoons". Now the Chancellor ...
Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
Fresh food packaging manufacturer Linpac is planning to invest €8m in new extrusion and thermoforming capacity in Pravia, Spain, to meet growing demand for PET and rPET. In order to deliver a greater range of lighter, more ...
Tags: Fresh food packaging manufacture, Linpac, Investment, PET, rPET
eMotorWerks announces JuicePlug, a universal charging station adapter for EV supply equipment that will extent its smartphone and web interfaces to pre-existing, non-networked charging station. This will enable every EV driver to ...
Tags: eMotorWerks, JuicePlug, EV supply equipment
BMW has announced a new strategy under which it would focus on electric vehicle technology, autonomous driving technology and invest in new technology to complete against companies like Google and Uber. It will focus on broadening its ...
Tags: BMW, Vehicle technology, Automated driving, Goole, Uber
HTC has just announced its UK rollout plans for the HTC Vive VR system, revealing when and where you'll be able to go hand-on with the device. The Taiwanese manufacturer has teamed up with Dixons Carphone plc, which means that the Vive ...
Tags: HTC, HTC Vive VR system, Rollout plan
According to market sources, independent multichannel retailer Lombok, best known for its exotic, colonial-styled furniture, is currently exploring the possibility of a sale, with the aim of funding a series of ambitious growth plans. ...
Tags: Multichannel retailer, Lombok, Furniture, Sale
The Government's plans to change Sunday trading laws in England and Wales, which would allow larger shops to trade for more than six hours, have been scrapped after being rejected by MPs. The plans were rejected by 317 votes to 286, ...
Tags: Sunday trading laws, Large shops, MPs
REI reported sales reached a record $2.4 billion in 2015 after a second consecutive year of nearly double-digit growth. Sales increased 9.3 percent from $2.2 billion in 2014, or 11 percent when adjusting for an extra 53-week of sales ...
Cargill is cutting back on the amount of antibiotics used on its U.S. cattle supply by 20%. This decision will influence 1.2 million cattle annually, none of which use any type of antibiotics for growth promotion that are important for ...
Tags: Cargill, Antibiotic, Cattle supply, Beef
Private equity firm Fireman Capital Partners-owned Oscar Blues has acquired Florida-based Cigar City Brewing for an undisclosed sum. The transaction is expected to be completed within the next three months. Cigar City will continue ...
Tags: Fireman Capital Partners, Oscar Blues, Cigar City, Aquisition
The new 2,800 sqft store in West Sussex is the latest move in the growing independent retailer's plans to open a swathe of stores across the country this year. UK multi-channel retailer, The Entertainer is preparing to open a new store ...
California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...
Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food
India based global flexible packaging company Uflex, in partnership with foreign technology partner, has developed the Flexfresh equilibrium modified atmospheric packaging (EMAP) which can extend the shelf life of fresh produce. Uflex ...
Tags: Uflex, EMAP, CO2, Packaging, Shelf life, Fresh produce
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D