The Australian multinational independent investment bank and financial services company Macquarie Infrastructure and Real Assets ( MIRA ), is set to acquire Australian waste management and recycling company BINGO Industries for $2.3 billion. Macquarie Infrastructure and Real Assets ( MIRA ), is offering to buy ASX listed Bingo (BIN) for $3.45 per share, which represents […]
Toyota’s subsidiary, Woven Planet Holdings has announced to acquire Lyft’s Level 5 self-driving division for $550 million. This deal will accelerate software Innovation for Automated Driving Mobility and marks the first major deal for the newly established Woven Planet. Lyft and Woven Planet have also signed commercial agreements to utilise Lyft’s system and fleet data […]
The American multinational automaker Ford Motor company accelerates R&D of battery cell technology which includes battery manufacturing as well. The company has also announced a new global battery centre of excellence called Ford Ion Park. The Ford Ion park Team which is in progress has $185 million collaborative learning lab in southwest Michigan which is […]
The British multinational oil and gas company BP plc has announced gas production from third stage of West Nile Delta (WND) development which is off the mediterranean cost in Egypt. With approximately $9 billion, The development of WND includes five gas fields across the north Alexadria, West Mediterranean Deepwater offshore concession blocks in the Mediterranean […]
The American multinational corporation, Koch invests in Next-generation Internet of Things (IoT) as the global market for (IoT) is expected to grow nearly $1 trillion by the year 2025. To enable this growth, it is necessary that 5G technology is enabled globally. 5G wireless technology facilitates faster connections for connected devices. BlackRock, Koch Strategic Platforms […]
The battery material solution provider SK IE technology has raised $2 billion in its initial public offering (IPO), the country’s biggest in four years. SK IE Technology has priced the offering at 105,000 won per share, the top of a marketed range, according to an exchange statement on Monday. The portion for institutional investors was […]
The South Korean biotechnology company, Samsung Biologics and commercial stage biopharmaceutical company, TG Therapeutics said that it has expanded a large-scale contract manufacturing deal for the supply of TG Therapeutics’ ublituximab. The company Samsung Biologics said it is currently building its fourth and largest biomanufacturing facility in Incheon, Korea. The biopharmaceutical company, TG Therapeutics has […]
Japan’s biggest airline All Nippon Airways (ANA) aims for carbon neutrality by 2050 that is by reducing carbon emission levels from aircraft operations to net zero. As part of its latest Environmental, Social and Governance (ESG) goals, updating its target set in July 2020 to reduce CO2 emissions by 50 percent by 2050 (compared to […]
The American investment bank and financial services holding company, J.P. Morgan Chase & Co announced that it is using blockchain technology to improve funds transfers between banking institutions globally. The firm includes the payments originating from Taiwan banks to beneficiary banks in other markets. With the new solution called Confirm, information exchange related to payments […]
The Swedish multinational manufacturing company, Volvo aims to lower CO2 emissions of 2.5 million tonnes using circular business principles by the year 2025. The company’s long-term goal to become a circular business by 2040, Volvo Cars will create closed material loops for emission-heavy materials such as steel and aluminium, as well as remanufacture, repair, reuse […]
The Anglo-Dutch multinational oil and gas company, Shell, to trial the use of hydrogen fuel cells for ships for the first time in Singapore. If the trial is successful, it would lead the way for cleaner , hydrogen-powered shipping. The charterer of the trial vessel and the hydrogen fuel provider, is working with SembCorp Marine […]
Ocado, that develops software, robotics, and automation systems for online retailers has invested £10 million in Oxbotica, an autonomous vehicle software company. The company Ocadoa, leading UK-based online grocery platform and solutions provider announced the partnership with the Oxford-based startup Oxbotica to develop a range of autonomous vehicles. Ocado is treating this as a strategic […]
