Technology
Renowned German industrial manufacturing company Siemens AG has reportedly announced that it has invested in Varjo – a Finnish start-up that has developed virtual reality (VR) headsets which provide human-eye level details. Reports cite, Siemens aims to bring the VR technology into the heavy industry …
Food & Beverages
Trian Fund Management, L.P., a hedge fund led by founder and investor Nelson Peltz, is reportedly evaluating a takeover of the notably renowned pizza chain, Papa John’s International Inc. Sources close to the matter claim that many companies and private-equity funds seem to have expressed interest in …
Consumer Goods
Fashion giant H&M and Klarna have reportedly entered a global partnership wherein the Swedish companies will further integrate the fashion brand’s digital and physical stores in a bid to offer customers a personalized, engaging and seamless shopping experience irrespective of where, when and how they …
Power & Energy
Saudi Arabia’s crown prince Mohammed bin Salman has reportedly announced to continue selling shares in oil major Aramco with a promise of an initial public offering (IPO) by 2021, valued at $2 trillion or more. As per trusted sources, the 33-year old heir to the …
Food & Beverages
Singapore’s Agri-Food and Veterinary Authority (AVA) has recently issued a recall for iceberg lettuce, after detecting high levels of pesticides in the vegetables imported from a Malaysian farmland by Go Fresh Impex. The imported products were reportedly on sale at the Sheng Siong NTUC FairPrice …
Power & Energy
Industrial manufacturing giant Siemens has reportedly announced plans to acquire Russelectric, a leading producer of power control systems like automatic transfer switches and paralleling switch gear based in Massachusetts. As per trusted sources, the acquisition will combine both the companies’ complementary and innovative electrical power …
Food & Beverages
After a successful run across U.S. and Europe, IKEA has reportedly launched a vegetarian version of its iconic 75 cents worth hot dogs across Canada. As per reliable sources, this isn’t the first vegetarian alternative on the IKEA menu. In 2015, the store had launched …
Manufacturing & Construction
The Swiss specialty chemicals giant Clariant has reportedly announced the launch of its new advanced laboratory at its facility in Midland, Texas. As per trusted sources, the laboratory is now equipped with foremost research and automation equipment and has almost doubled in size. Reportedly, the …
Food & Beverages
Beverage giant Coca-Cola has recently made an announcement confirming the launch of a new cinnamon flavor especially for the upcoming festive season. Coca Cola Cinnamon would be rolled out in stores this week and will be available to consumers until the year end, said credible …