Power & Energy
Mitsubishi Electric Corporation has been reportedly chosen to supply Myanmar’s Electric Power Generation Enterprise (EPGE) with 46 gas insulated switchgear, 7 transformers, and other equipment through the company’s Thailand-based subsidiary Mitsubishi Electric Asia. As per trusted sources, the equipment would be transported in the next …
Technology
Mitsubishi Electric has reportedly announced to have developed a unique dot forming technology for precision when it comes to 3D manufacturing of parts active in the automotive and aerospace industries. As per credible sources, the technology is said to facilitate high-precision shaping through the amalgamation …
Consumer Goods
Renowned Silicon Valley-based e-commerce company eBay has reportedly announced the launch of eBay Instant Selling, a program that allows users to instantly sell their old, unwanted smartphones on the company’s online marketplace. Using the new program, individuals can list their smartphones for sale along with …
Consumer Goods
Retail giant Walmart Inc. has recently announced that it would be expanding its 2-day shipping and in-store returns to a huge range of items sold by third party sellers on its website starting next month. Incidentally, the move comes just ahead of the forthcoming holiday shopping …
Technology
Visa has been developing a distributed ledger platform for business payments, known as Visa B2B Connect, since 2016 and is planning to launch it next year, reports have confirmed. The financial services company has recently announced an alliance with IBM for integrating Hyperledger Fabric into …
Power & Energy
Nestlé Waters North America (NWNA) and ENGIE Resources recently announced that the companies have signed a renewable energy agreement, reports have confirmed. According to the deal, ENGIE will supply more than 50 percent of energy which is needed for manufacturing and distribution facilities of NWMA …
Technology
India’s largest digital payment service provider Paytm has reportedly launched a barcode-based smartphone payment service called PayPay in Japan. As per trusted sources, Paytm has formed a joint venture with Yahoo Japan Corporation and SoftBank Corporation to set up the payment service. Reportedly, PayPay Corporation …
Power & Energy
Siemens and General Electric have reportedly signed informal agreements to supply electricity to Iraq. As per trusted sources, General Electric inked the deal after intervention from the White House. The Iraqi government released a statement on Sunday in which it noted that the nation has …
Power & Energy
MEG Energy, a Canadian oil sands producing company, has recently announced that it is formally rejecting the buyout offer that was made by Husky Energy Inc., – MEG Energy’s bigger competitor and one of Canada’s biggest integrated energy companies. MEG Energy believed that the offer …