December 30, 2019BASF and an affiliate of Lone Star, a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. The purchase price on a cash and debt-free basis is €3.17 billion. The transaction is...
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December 19, 2019Intel released the results of a new study, “Accelerate Industrial,” that represents the most comprehensive view of Industry 4.0, the digital transformation of the manufacturing sector. The research uncovered a serious skills gap that most Western...
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December 18, 2019A Boeing built satellite called JCSAT-18/Kacific1 will provide affordable internet access and other communications services to underserved parts of Asia and the Pacific islands.
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November 12, 2019The new plant of the SAIC VOLKSWAGEN joint venture has been completed. It is purely built for the production of all electric vehicles on Volkswagen’s Modular Electric Drive Matrix (MEB). Celebrating the start of pre-production, a first...
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November 11, 2019Kingston Digital Europe Co LLP, the Flash memory affiliate of Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced it is shipping the Data Center 450R (DC450R) Enterprise SSD, a high...
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November 7, 2019The Daimler Group launched its new corporate structure as planned on November 1, 2019. The separation of the car and van and the truck and bus businesses to two new subsidiaries took effect at the end of October with their respective entries in...
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November 7, 2019"AXA delivered another strong operating performance in the first nine months of 2019. AXA’s revenues grew overall by 5%, notably with a continued strong growth dynamic in P&C Commercial lines and in Health, and with all of AXA’s geographies...
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November 6, 2019Despite record numbers of over 4 billion passengers globally, statistics show that flying has never been safer. The global airline industry has experienced some of its safest years ever in terms of fatal accidents in recent times, according to...
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November 6, 2019Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic metres of oil...
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November 5, 2019The Independent Flight Attendants Organization (Ufo) has called full-day strikes for Lufthansa on Thursday 7 November and Friday 8 November. Lufthansa is currently working on a special flight schedule, which will be available at www.lufthansa.com...
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November 5, 2019In light of SAP’s strong financial performance and balance sheet, the Supervisory Board of SAP SE approved the Executive Board’s plan for enhanced capital return in 2020. Under this new program, the Company is authorized to repurchase shares...
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November 4, 2019Honda has announced a collaboration with Vattenfall, a leading European energy supplier, to provide a flexible electricity tariff specifically tailored for electric vehicle (EV) owners in Europe. The partnership marks a key milestone for Honda in...
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November 4, 2019Honeywell announced that Scott Zhang has been appointed as President of Honeywell China, effective Nov. 1, 2019. He will be responsible for executing Honeywell’s business objectives in the company’s single largest country market outside the U.S.
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November 1, 2019Klaus Welsch (56), President, Engineering & Technical Expertise, Ludwigshafen, will assume responsibility for the new Division „Mega Projects Asia”, BASF (China) Company Ltd., Shanghai, effective January 1, 2020. These include the company’s...
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November 1, 2019Earlier this year, Telenor Group and Cisco signed an agreement whereby Cisco will help upgrade Telenor Norway's existing mobile core network to also deliver a first generation 5G network (non-standalone mode or NSA).
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October 31, 2019Discussions have opened a path to the creation of a new group with global scale and resources owned 50% by Groupe PSA shareholders and 50% by FCA shareholders. In a rapidly changing environment, with new challenges in connected, electrified,...
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October 31, 2019Microsoft Corp. on Monday announced new capabilities that further simplify the customer journey and deliver highly secured IoT solutions. These solutions help customers embrace IoT as a core strategy to drive better business outcomes, improve...
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October 29, 2019easyJet, Europe’s leading airline, has announced its Worldwide by easyJet service is now fully operational in Paris Orly where the airline is currently in partnership with two long haul carriers: Corsair and La Compagnie.
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October 29, 2019SEAT's global sales reached a new milestone. From January to September, the carmaker delivered 454,800 vehicles, which is 9.4% more than in the same period in 2018 (415,600 cars). This result is the highest figure ever in the history of SEAT and...
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October 28, 2019HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, announced the new JBL EON ONE Compact portable PA system.
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October 28, 2019Husqvarna Group has announced a venture capital investment in Soil Scout, a Finnish-based IoT start-up providing buried wireless soil monitoring that optimizes water consumption and energy usage for operators working in sports, turf care, city...
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October 25, 2019Valeo and Dana Incorporated announced a global collaboration to bring to market end-to-end 48V hybrid and electric vehicle systems. The first of these will be released in early 2020 with a major European carmaker on series-produced cars.
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October 25, 2019Honda Motor Co., Ltd. announced the establishment of Honda e:TECHNOLOGY, a new collective name which represents Honda’s original high-efficiency electrification technologies including electrified two- and four-wheeled mobility products as well as...
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October 24, 2019A new software functionality available as a standard feature in the Thermo Scientific Sentinel multiscan metal detector enhances set-up, making it easier and quicker for food processors to improve inspection performance. The Auto Learn software...
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October 24, 2019Mastercard today announced that Brex, the financial technology company that helps ambitious companies scale, has partnered with Mastercard as its preferred network to bring cutting-edge technology and top-tier benefits to its corporate card...
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