PayPal confirms decision to buy global payout platform Hyperwallet

PayPal confirms decision to buy global payout platform Hyperwallet

Published: 13 hours agoAuthor: Pankaj Singh

PayPal Holdings, Inc. reportedly confirmed that it will acquire Hyperwallet, in a deal said to be worth $400 million to enhance its payout capabilities and enable the company to introduce unified payment solutions to ecommerce platforms. The move wil....

Volkswagen & Ford tie up to jointly manufacture commercial vehicles

Volkswagen & Ford tie up to jointly manufacture commercial vehicles

Published: 14 hours agoAuthor: Sunil Hebbalkar

Volkswagen and Ford Motor have reportedly taken a promising step to launch a joint commercial vehicle development project. With this strategic collaboration, both the behemoths are looking to forward to compete in the automotive market that is demand....

Rising energy requirements to drive distribution panel market over 2017-2024

Rising energy requirements to drive distribution panel market over 2017-2024

Published: 19 hours agoAuthor: Sunil Hebbalkar

Heavy investments in electrification programs across the globe will reportedly drive distribution panel market. The governments of various countries and financial institutions such as the African Development Bank, the Asian Development Bank, and the ....

Magna & BAIC subsidiary to manufacture electric cars in China

Magna & BAIC subsidiary to manufacture electric cars in China

Date: 2018-06-20Author: Dhananjay Punekar

Magna International Inc., an automotive supplier based in Canada, is planning to develop electric vehicles in China in collaboration with Beijing Electric Vehicle Company Limited, a division of BAIC Group. Reportedly, both the firms are likely to acq....

Cochlear implant systems market growth to be driven by supportive regulatory norms worldwide

Cochlear implant systems market growth to be driven by supportive regulatory norms worldwide

Date: 2018-06-19Author: Sunil Hebbalkar

The growing prevalence of hearing loss disorders among the youth and the elderly will drive cochlear implant systems market share. Reportedly, since these devices enhance hearing capability, especially among children, regulatory bodies are encouragin....

Australia to ban Huawei’s participation in 5G mobile telecom rollout

Australia to ban Huawei’s participation in 5G mobile telecom rollout

Date: 2018-06-19Author: Dhananjay Punekar

In a major blow to China-Australia relations, Australia is planning to exclude Huawei from the list of participants invited for the 5G mobile telecom rollout in the country. Reportedly, the country fears that the Chinese government controls Huawei an....

Siemens pioneers facility to use ammonia for renewable energy storage

Siemens pioneers facility to use ammonia for renewable energy storage

Date: 2018-06-18Author: Dhananjay Punekar

Siemens AG, a German firm headquartered in Munich, has inaugurated a £1.5 million pilot venture in Oxfordshire, with an aim to promoting the use of ammonia as a new kind of energy storage. Reportedly, the firm wants to prove the significance of....

5 major display market trends predominating the industry to 2024

5 major display market trends predominating the industry to 2024

Date: 2018-06-18Author: Shikha Sinha

The rising deployment of smart ATMs and the exponentially increasing POS terminal shipments will reportedly drive display market trends over the coming six years. As per estimates, POS terminals market shipment was more than 30 million units in 2016.....

Ring announces the launch of smart home security system Ring Alarm

Ring announces the launch of smart home security system Ring Alarm

Date: 2018-06-16Author: Ojaswita Kutepatil

Ring, a renowned home security solution market major owned by Amazon, has finally announced that it will be launching its Ring Alarm home security system on July 4, after a lengthy lawsuit postponed the system’s earlier release date. For the r....

Organic spice market growth to be pushed by rising demand for natural ingredients

Organic spice market growth to be pushed by rising demand for natural ingredients

Date: 2018-06-16Author: Dhananjay Punekar

Growing consumer preference for exotic & natural constituents in food preparation is reportedly driving organic spice market trends. As per estimates, India produced 13 lakh tons of turmeric, one of the main ingredients used in a slew of Asian di....

Veea acquires Virtuosys, aims to employ cloud in edge computing

Veea acquires Virtuosys, aims to employ cloud in edge computing

Date: 2018-06-15Author: Pankaj Singh

The New York based smart applications leader, Veea Inc., reportedly announced its decision to acquire Virtuosys Ltd, a firm providing edge computing solutions in the U.K. Sources claim that Veea will manage Virtuosys as a wholly owned subsidiary and ....

Oil & gas major Eni ties up with GE to build a 50-MW wind farm

Oil & gas major Eni ties up with GE to build a 50-MW wind farm

Date: 2018-06-15Author: Saif Ali Bepari

Eni SpA, regarded as the leader across Italy oil and gas industry, has apparently revealed in a recent announcement that it would join hands with the United States based multinational conglomerate, General Electric, to set up a 50 MW wind project in ....

ADAS market growth to be driven by escalating concerns about traffic safety

ADAS market growth to be driven by escalating concerns about traffic safety

Date: 2018-06-14Author: Dhananjay Punekar

Growing concerns related to traffic safety and introduction of new regulations favoring the installation of safety systems will stimulate ADAS market trends. Reportedly, the escalating demand for luxury & premium vehicles across the globe will al....

Green Bay Packaging invests $580M, expands Brown County operations

Green Bay Packaging invests $580M, expands Brown County operations

Date: 2018-06-14Author: Saif Ali Bepari

Green Bay Packaging Inc., the leading pulp and paper manufacturer headquartered in Wisconsin, has apparently revealed in a recent announcement that it aims to construct a new paper mill adjacent to its existing facility in the city of Green Bay. As p....

Shell offers engineering contract to Subsea 7 for Penguins Project

Shell offers engineering contract to Subsea 7 for Penguins Project

Date: 2018-06-14Author: Dhananjay Punekar

Royal Dutch Shell PLC, a renowned oil & gas firm, has offered Subsea 7 S.A., a UK based engineering, construction, and services firm, a contract for the redevelopment of its Penguins oil & gas field located in the North Sea. Reportedly, the d....

Automotive major Ford to test self-driving delivery van in Miami

Automotive major Ford to test self-driving delivery van in Miami

Date: 2018-06-13Author: Ojaswita Kutepatil

Joining forces with Postmates and Dominos, automotive industry giant Ford has already begun testing its autonomous meal-delivery system for folks in Miami. Ford has recently announced that its autonomous delivery will be hitting the roads to gauge ho....

Top 5 trends prevalent in orthopedic devices market over 2018-2024

Top 5 trends prevalent in orthopedic devices market over 2018-2024

Date: 2018-06-13Author: Dhananjay Punekar

The rising elderly populace susceptible to bone related ailments such as osteoarthritis & osteoporosis will drive the demand for orthopedic devices market. A massive surge in obesity & diabetes, lack of physical activity, and an unhealthy die....

KBA orders Daimler to immediately recall selected Mercedes models

KBA orders Daimler to immediately recall selected Mercedes models

Date: 2018-06-13Author: Saipriya Iyer

The German Transport Ministry, amidst a series of punitive actions, has ordered Mercedes to recall 774,000 vehicles across Germany. The move comes after automotive giant Daimler was found to have fitted illegal software – rather, a defeat devic....

4 health intelligent virtual assistant market regional trends to watch out for over 2017-2024

4 health intelligent virtual assistant market regional trends to watch out for over 2017-2024

Date: 2018-06-13Author: Saipriya Iyer

The increasing deployment of smartphones and tablets to access health apps and the rising popularity of the IoT technologies will reportedly drive health intelligent virtual assistant market trends over 2017-2024. AS per estimates, healthcare spendin....

BBOXX signs VAT exemption deal to offer solar power in Congo

BBOXX signs VAT exemption deal to offer solar power in Congo

Date: 2018-06-12Author: Dhananjay Punekar

BBOXX Limited, a venture backed firm offering cost-effective & clean energy to off-grid communities of developing nations, has apparently decided to provide solar energy to the Democratic Republic of Congo. For the record, less than one-fifth of ....

SGS buys Polymer Solutions, deal promises growth in Christiansburg

SGS buys Polymer Solutions, deal promises growth in Christiansburg

Date: 2018-06-12Author: Saipriya Iyer

The Geneva headquartered testing laboratories company, SGS S.A., has reportedly acquired Polymer Solutions Inc., a pivotal contributor to the polymers industry in the U.S. The deal seems to be a promising one, as SGS, worth USD 6 billion, has enough ....