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Reuters
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Nissan Cancels Battery Unit Sale to China's GSR Capital
Jul 9, 2018Japanese 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
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China Lifts 18-Year Ban on Irish Beef Exports
Apr 18, 2018China has opened its markets to Irish beef exports, ending an 18-year ban that was imposed on Ireland following the outbreak of mad cow disease. The Asian country had banned beef imports from Ireland and other European Union countries and ...
Tags: beef exports, Beef
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Toyota, Mazda, Denso Partner on Electric Vehicles
Sep 30, 2017Automakers Toyota and Mazda and auto components supplier Denso have signed a joint technology development contract for electric vehicles. The new company has been named EV C.A. Spirit Corporation to efficiently implement joint ...
Tags: Toyota, Mazda, Electric Vehicles
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EU Automakers Propose 20% CO2 Reduction for Passenger Cars by 2030
Sep 18, 2017The European Automobile Manufacturers’ Association (ACEA) has proposed a 20% CO2 reduction for passenger cars by 2030, compared to 2021, and said the target should be conditional on the real market uptake of electrically-chargeable ...
Tags: ACEA, Passenger Cars
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US House Passes Bill for Self-Driving Cars
Sep 8, 2017The US House has approved a proposal to accelerate the deployment of self-driving cars. The bill, known as the Self-Drive Act, is yet to become a law. When enacted, the law will enable auto-makers and tech companies to test 25,000 ...
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Honda Agrees to Pay More Than $605m in Compensation for Defective Takata Airbags
Sep 5, 2017Japanese automaker Honda Motor has agreed to pay a compensation of $605m related to the Takata airbag issue in the US. The settlement covers more than 16.5 million vehicles in the country, for installing potentially faulty airbag ...
Tags: Honda Motor, Takata airbag
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France to Ban Fossil Fuel-Powered Vehicles by 2040
Jul 10, 2017France’s new ecology minister Nicolas Hulot has announced that the country will ban the sale of petrol and diesel-powered vehicles by 2040. The announcement is part of the country’s commitment to Paris climate agreement. It ...
Tags: Fossil Fuel, petrol
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Brazilian Court Blocks JBS's Proposed Transaction with Minerva
Jun 26, 2017A Brazilian federal court has blocked meat processing giant JBS’s proposal to divest its beef operations in three South American markets. JBS’ $300m sale of the select South American beef processing operations to rival ...
Tags: meatpacker, Minerva
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LG Pay Goes Live, But You Probably Won't Be Able to Use It
Jun 5, 2017LG has finally launched its Android Pay rival after months of speculation, but the rollout is, shall we say, somewhat limited. Earlier this year Reuters reported the South Korean firm was gearing up to launch its LG Pay service in June. ...
Tags: LG Pay, Android Pay
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Report – Apple to Make Siri Play Nice with More Apps
Jun 5, 2017After announcing last year that Siri was to be made compatible with third-party apps, Apple is reportedly set to expand that compatibility at WWDC 2017 next week. As Reuters reports, Apple will announce plans to make Siri work with a ...
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Will Apple Buy Netflix? 7 Companies Tipped for Possible Acquisition
May 8, 2017Apple is almost always embroiled in an acquisition rumour, and the latest predictions put Netflix – amongst others – in the Silicon Valley store window. This week, we learned that Apple now has cash reserves totalling an ...
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US to Investigate Toyota, BMW, Honda, Others for Alleged Patent Violations
May 3, 2017The US will start an investigation into whether thermoplastic components used in various German and Japanese vehicle models sold in the country violate its patent laws. The US International Trade Commission (USITC) has voted to institute ...
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Maybe Apple's Self-Driving Car Project Isn't a Write-off After All?
Apr 17, 2017Months after the firm was thought to have cooled its 'Project Titan' automotive ambitions, Apple has received a permit to test autonomous vehicles on California roads. The Department of Motor Vehicles in the company’s home state ...
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The iPhone 8 Could Pack Apple's Own Battery Tech
Apr 12, 2017It was just a few days ago that news broke of Apple ending its licence agreement with British graphic chip-maker Imagination Technologies, causing the latter's stock to plummet. As the revelation broke, a statement from Imagination ...
Tags: iPhone 8, graphic chip
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Unilever Plans to Sell Certain Food Brands for £6bn
Mar 27, 2017British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn. Flora margarine spread and Stork butter brands are among the brands that are likely to be ...
Tags: Unilever, food brands
