RIYADH/SYDNEY: NOVONIX Limited has agreed to establish an incorporated joint venture with TAQAT to develop and produce anode materials for electric vehicle and energy storage system batteries in the Middle East and North Africa (MENA) region. The joint venture, which…
LONDON, UK: The Department for Transport (DfT) has introduced new rules across Britain. All local buses or coach service are required to provide audible announcements and visual displays identifying the route and direction, each upcoming stop, and the beginning of…
Toyota Motor Corp. reported 1.4 percent higher global output in February 2023. The Japanese automaker produced 896,712 vehicles last month. Global sales, including Daihatsu Motor Co. and Hino Motors Ltd., rose 10.5 percent to 856,376 units, the company said in…
Ford Motor has increased prices of its electric F-150 Lightning pickup. The standard-range Lightning Pro, a lower-cost version of the truck optimized for fleet use, will now start at just under $60,000, not including shipping. That’s roughly 50% higher than…
LONDON, UK: Saint-Gobain has signed a binding agreement for the sale of its glass processing business Glassolutions in Switzerland to the privately-owned German group AEQUITA. The business generated sales of around €25 million in 2022 and employs approximately 70 people…
MADRID: Allfunds Tech Solutions Thursday announced a new partnership with UniCredit, the pan-European commercial bank. The partnership will leverage Allfunds digital capabilities to facilitate UniCredit’s transformation programme to further streamline its systems that support market and content data providers to…
OSLO, NORWAY: The construction industry in Scandinavia is experiencing a significant slowdown, with several factors contributing to the decline. One of the main reasons for the slowdown is the economic downturn, which has led to a reduction in demand for…
OSLO, NORWAY: Inin Group AS has signed a term sheet to acquire a 70 percent ownership in TW Gruppen AS, a leading specialist within environmentally friendly mass handling, transport and recycling. With this acquisition, Inin Group establishes mass handling and…
DUBAI – UNITED ARAB EMIRATES: The General Assembly of Emirates Central Cooling Systems Corporation PJSC (Empower), in a meeting convened with a quorum of 86.82% of the Company’s paid-up share capital, approved the Board’s proposal on the distribution of cash…
LONDON, UK: Saint-Gobain is the first manufacturer in the world to carry out a test production of flat glass using more than 30% hydrogen during Research & Development (R&D) trials at the Herzogenrath site in Germany. With this world first,…
LONDON, UK: Recyclus Group Ltd, in collaboration with the University of Birmingham (UoB), has been awarded funding of £1.96 million from the UK Government’s Innovate UK, to create a mobile battery recycling system capable of safely handling any type of…
LONDON, UK: QinetiQ Group has won a single award Indefinite Delivery Indefinite Quantity (IDIQ) by the U.S. Army for a Digital Night Vision Technology (DNVT) contract worth up to $92.6M over four years. The DNVT effort utilises and continues more…