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IR LED Market Growing at 15% CAGR to Over $1bn by 2024

Sep 17, 2018

The infrared (IR) LED market will exceed $1bn by 2024, as shipments rise from over $400m in 2017 then at a compound annual growth rate (CAGR) of over 15% between 2018 and 2024, forecasts a report by Global Market Insights Inc that covers ...

Tags: LED market, IR LED

Compound Semiconductor Applications Catapult to Receive £51m From UK Catapult Network

Aug 20, 2018

Secretary of State for Wales Alun Cairns has announced that the Compound Semiconductor Applications Catapult – Wales’ first and the UK’s newest Catapult – will open its Innovation Centre, based in South East Wales, ...

Tags: Compound Semiconductor, Semiconductor

Nissan Cancels Battery Unit Sale to China's GSR Capital

Jul 9, 2018

Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...

Tags: Nissan, GSR Capital

L Catterton, Ambienta to Buy Beauty Packaging Firm Pibiplast

Jun 13, 2018

Private equity firms L Catterton and Ambienta have agreed to acquire Italy-based beauty packaging firm Pibiplast for an undisclosed sum. Based in Correggio, Pibiplast is engaged in designing and manufacturing of beauty and personal care ...

Tags: Packaging, Pibiplast

Australian Regulator Approves Saputo's $1bn Acquisition of Murray Goulburn

Apr 8, 2018

Australia’s competition regulator has approved the CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canadian dairy producer Saputo. The Australian Competition & Consumer Commission (ACCC) said that it will not ...

Tags: Murray Goulburn, dairy plant

UK Launches Review Into Self-Driving Vehicles Laws

Mar 8, 2018

The UK Government has launched a three-year review into driving laws in preparation for self-driving vehicles. With the detailed review, the government plans to make sure that the UK remains one of the best places in the world to develop, ...

Tags: Self-Driving Vehicles Laws, Motorcycle

Australian Regulator Raises Concerns Over Saputo's $1bn Acquisition of Murray Goulburn

Mar 2, 2018

Australia’s competition regulator has raised concerns about a proposed CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canada’s Saputo, saying that the transaction would lead to lower prices being paid to ...

Tags: Fonterra, raw milk

Tyson Foods to Launch Several New Products in 2018

Feb 23, 2018

Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods ...

Tags: Tyson Foods

Renault-Nissan-Mitsubishi Launch $1bn Venture Capital Fund

Jan 15, 2018

The Renault-Nissan-Mitsubishi automotive alliance has launched a venture capital fund to invest up to $1bn in the next five years. The new entity will act as main interface for start-ups, investors and the venture capital ecosystem to ...

Tags: automotive, Nissan

Thai Beverage to Buy 54% Stake in Vietnam's Sabeco for $4.8bn

Dec 21, 2017

Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...

Tags: Thai Beverage, Beverage

Ford to Relocate Autonomous and Electric Vehicle Business to Detroit

Dec 18, 2017

Ford Motor has decided to relocate its autonomous and electric vehicle business to Detroit, US. The company is moving its autonomous and electric vehicle business and strategy teams to the recently renovated industrial complex called The ...

Tags: Ford, Electric Vehicle

Lyft Secures Approval to Test Self-Driving Cars in California

Nov 27, 2017

Ride-hailing company Lyft has secured approval to start trial of its self-driving vehicles in the US state of California. The approval allows Lyft to join the likes of companies such as Google’s Waymo, Uber, Apple, Ford and ...

Tags: Self-Driving Cars, Apple

Ornua Launches Kerrygold Butter in South Korea

Nov 22, 2017

Ornua has announced expansion into the South Korean market by launching Kerrygold butter. The new product was unveiled by Minister for Agriculture, Food and the Marine, Michael Creed TD at a launch in the Hyundai Department Store ...

Tags: Ornua, butter

Saputo to Acquire Australian Dairy Firm Murray Goulburn for $1bn

Oct 31, 2017

Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...

Tags: Saputo, dairy processor

Volkswagen Secures Approval to Fix 38, 000 Diesel SUVs in US

Oct 26, 2017

US and California regulators have approved a fix for about 38,000 Volkswagen Generation 2.1 and 2.2 3.0L TDI V6 vehicles. The 38,000 cars include not only Volkswagen models, but also from its affiliates such as Audi and Porsche as well. ...

Tags: Volkswagen, Diesel SUV

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