Chemicals & Materials
ANSYS, a US-based software company, has reportedly inked a definitive agreement to acquire Granta Design, the UK-based materials information technology provider. The acquisition is likely to provide ANSYS customers with wide access to material intelligence, including data that is quite vital to successful simulations. An …
Food & Beverages
Amul, the India-based dairy company, has made it to the headlines for launching camel milk as a new addition to its product line. Reportedly, Amul’s owner, the Gujarat Milk Marketing Federation Ltd (GCMMF), announced that the new product, which has been branded as ‘Amul Camel …
Manufacturing & Construction
A subsidiary of the Swire Group, The China Navigation Company (CNCo) and Hamburg Süd have together announced an agreement, according to which CNCo would acquire Hamburg Süd’s bulk shipping business. Apparently, the business includes bulk activities in Alianca Navegacão (Aliabulk), Furness Withy Chartering and Rudolf …
Power & Energy
Genel is anticipated to spend approximately $60 million on the project by the end of 2020. Chevron Corporation, a U.S. based oil & gas multinational, has reportedly entered into a partnership agreement with a British oil production company, Genel Energy, for the Kurdistan JV (joint …
Life Sciences
With the FDA approval, the company would be able to help medical professionals integrate 3D mapping with ablation to advance atrial fibrillation treatment. The approval also further expands the company’s existing cardiac ablation tools portfolio. Abbott Laboratories (Abbott), an American pharmaceutical company, has reportedly announced …
Technology
After several years of efforts in developing a blockchain based smartphone, Sirin Labs, an Israeli startup, has reportedly launched its first retail store in London, on 15 January 2019. As per trusted sources, the device is targeted at cryptocurrency enthusiasts; the Israel-based startup has been …
Consumer Goods
Target, the multinational retail giant recently recalled a brand of candy canes citing that they can cause injury on consumption. The candy canes, produced by The Fabulous Food Company and manufactured in China, were being sold across Australia between September 16, 2018 and January 17, …
Manufacturing & Construction
Kia’s third car with amplified local content is set to debut in 2021 and is going to be a crossover hatchback designed as per the next generation Rio. The Korean carmaker Kia has plans to launch its third automotive product for the rapidly growing Indian …
Chemicals & Materials
In what marks the foray of the Gautam Adani-led Adani Group in the rapidly growing petrochemical sector, the company has recently inked a MoU (Memorandum of Understanding) with the German specialty chemical giant BASF SE to investment in the acrylics value chain. The move, reportedly …