Power & Energy
Total S.A. and Sempra Energy have announced the signing of a Memorandum of Understanding (MoU) which provides a framework for collaborating on the development of liquefied natural gas (LNG) export projects in North America. The MoU covers the continuation of developing EnergÃa Costa Azul (ECA) …
Consumer Goods
American e-commerce giant Amazon Inc. has reportedly announced that it has signed a term sheet with India’s Future Retail to acquire approximately 9.5% stake in the Mumbai-based retail firm. Reports cite, the Seattle-based tech company is all set on making an investment – which is …
Manufacturing & Construction
TransCanada Corp, one of the major North American energy companies recently announced that it will be proceeding with an expansion of the Nova Gas Transmission Ltd. System for $1.5 billion, which is a part of its natural gas network expansion. Russ Girling, CEO, TransCanada Corp. …
Life Sciences
Pharmaceutical behemoth Merck & Co. Inc. has reportedly ended its longstanding agreement to supply a lifesaving vaccine to children in West Africa. Concurrently, the company has begun trading sending vaccines to China, where it will be sold for a higher price. The vaccine prevents rotavirus, …
Food & Beverages
Food and beverage giant PepsiCo has reportedly acquired Health Warrior Inc. a company that specializes in producing 100-calorie nutrition bars. As per credible sources, the acquisition is the first investment of the beverage giant’s newly formed entity – The PepsiCo HIVE. Indra Nooyi, former CEO …
Technology
iRobot Corporation, a leading American consumer robotics company, has reportedly announced that it is collaborating with Silicon Valley tech giant Google to enhance and bring in the next generation of smart home technologies to the market. Reports cite, the firms intend to use the mapping …
Consumer Goods
U.K.-based Ocado Group PLC recently announced that it has agreed on service and operational terms with Kroger Co., the U.S. retail giant, forming a services partnership between the two companies. The agreement, which was initially announced in May this year, will involve Kroger ordering 20 …
Power & Energy
Telson Mining Corporation has reportedly signed a renewable power purchase agreement with Energia Solar Alaia IV, S.A.P.I de C. V. (“Energia Solar”), known as the Green Energy Agreement, in an attempt to lower its carbon footprint as well as reduce the operating costs of mining …
Chemicals & Materials
Brazilian multinational petroleum giant Petrobras is reportedly planning to sell additional assets worth USD 20 billion through next year. As per trusted sources, Petrobras was in talks to sell its Pasadena refinery to Chevron. Reportedly, the company plans to sign deals by year-end to sell …