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
China 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
Automakers 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
The 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
The 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 ...
Japanese 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
France’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
A 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
LG 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
After 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 ...
Apple 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 ...
The 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 ...
Months 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 ...
It 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
British-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