GM to extend cutback in vehicle production at Oshawa plant, Canada

GM to extend cutback in vehicle production at Oshawa plant, Canada

Date: 2018-02-23Author: Ojaswita Kutepatil

Renowned automotive industry giant General Motors has recently announced that it will be extending its cutback in the car production at its Oshawa plant located at Ontario, Canada. Reportedly, the extension of the single-shift production operation da....

SaskPower to deploy smart meters for additional 7500 customers

SaskPower to deploy smart meters for additional 7500 customers

Date: 2018-02-22Author: Dhananjay Punekar

SaskPower, a major power utility firm in the Saskatchewan province of Canada, has decided to install 7,500 more smart meters in the region after completing the pilot installation. These smart meters are projected to be deployed until the end of the f....

Red Dot Power plans to build 50 EV charging stations by 2019

Red Dot Power plans to build 50 EV charging stations by 2019

Date: 2018-02-19Author: Ojaswita Kutepatil

Red Dot Power, the Singapore-based electricity retailer has recently announced that it will be investing around SGD 500,000 to install 50 electric vehicles charging stations in the nation by 2019. Reportedly, the firm would team up with a Finland-bas....

Greencoat Renewables to purchase yet another wind farm in Ireland

Greencoat Renewables to purchase yet another wind farm in Ireland

Date: 2018-02-17Author: Dhananjay Punekar

Greencoat Renewables PLC, an Ireland based renewable-infrastructure firm, has decided to acquire Lisdowney, a 9.2 MW wind farm based in Co Kilkenny, for EUR 22.5 million. According to the London South East, the Lisdowney wind farm, which was commissi....

Nokia to opt between a sale or shut-down for its digital health unit

Nokia to opt between a sale or shut-down for its digital health unit

Date: 2018-02-16Author: Dhananjay Punekar

In a major turn of events witnessed across the digital health industry, Nokia has declared to have begun evaluating various alternatives for its online health activities. The firm’s decision apparently comes as a surprise to its partners, havin....

Cancer Research UK CTU gets £4.5mn for pancreatic cancer research

Cancer Research UK CTU gets £4.5mn for pancreatic cancer research

Date: 2018-02-15Author: Dhananjay Punekar

The Cancer Research UK, a charitable organization in the UK focusing on cancer research & healthcare, has offered funds worth £4.5 million for the Cancer Research UK Clinical Trials Unit (CTU) in Scotland after assessing a review report of ....

Indonesia becomes first Asian nation to sell green bonds worth $1.25bn

Indonesia becomes first Asian nation to sell green bonds worth $1.25bn

Published: 23 hours agoAuthor: Dhananjay Punekar

In what may be touted as a major step toward the reduction of greenhouse effects, the Indonesian government has decided to sell green bonds in a USD 1.25 billion transaction. Reports claim that this is the first initiative of its kind made by any As....

MHI Thermal Systems unveils 19 new air conditioners in Japan market

MHI Thermal Systems unveils 19 new air conditioners in Japan market

Date: 2018-02-19Author: Satarupa De

Mitsubishi Heavy Industries Thermal Systems Ltd., the subsidiary owned by the globally renowned Mitsubishi Heavy Industries is on its way to launch 19 advanced air conditioner models in its home ground.  As claimed by the Japanese electronics gi....

Google acquires LogMeln’s Xively to expand its cloud business

Google acquires LogMeln’s Xively to expand its cloud business

Date: 2018-02-16Author: Satarupa De

In what can be touted as an attempt to reinforce its cloud business, Google, this Thursday, has apparently declared its plan of buying the IoT software provider, Xively.  Reportedly, the American internet search giant has agreed to pay USD 50 mi....

Grupo Modelo pours in USD 5mn for Aguascalientes center expansion

Grupo Modelo pours in USD 5mn for Aguascalientes center expansion

Date: 2018-02-15Author: Saipriya Iyer

Grupo Modelo, the globally renowned Mexico-based brewery, has recently declared its decision to invest close to USD 5 million for one of its facility expansion plans. If reports are to be believed, this subsidiary owned by Anheuser-Busch InBev, the B....

Vascutek utilizes funds worth £33mn to expand its manufacturing base

Vascutek utilizes funds worth £33mn to expand its manufacturing base

Date: 2018-02-13Author: Dhananjay Punekar

Vascutek Limited has apparently decided to set up two cleanrooms & a sterilization suite at Inchinnan, where its manufacturing base is located. The Terumo Group firm that designs, manufactures & markets vascular implants for treating heart ai....

Coinlancer-Cryptopia partnership marks debut in blockchain industry

Coinlancer-Cryptopia partnership marks debut in blockchain industry

Date: 2018-02-07Author: Dhananjay Punekar

Coinlancer, a blockchain technology built on an Ethereum platform for effective freelancing & secured peer-to-peer exchanges, has scarcely collaborated with Cryptopia. Apparently, the deal has come to fruition post Coinlancer’s successful a....

UniQuest & PMI collaborate to develop non-addictive pain killers

UniQuest & PMI collaborate to develop non-addictive pain killers

Date: 2018-01-31Author: Dhananjay Punekar

UniQuest Private Limited, a commercialization unit of the University of Queensland, has apparently signed on a research & option pact with PrevCeutical Medical Incorporation (PMI). Incidentally, PMI, a Canada based biomedical firm, has been a par....

Google plans to finance Indonesian ride-hailing company Go-Jek

Google plans to finance Indonesian ride-hailing company Go-Jek

Date: 2018-01-29Author: Sunil Hebbalkar

In a bid to be a part of Indonesia’s growing digital economy, tech giant Google has announced that it plans to invest a substantial amount in the country’s primary ride-hailing company, Go-Jek. So far, state reports, Google has not disclo....

Noble Energy to expand its natural gas extraction ventures in Israel

Noble Energy to expand its natural gas extraction ventures in Israel

Date: 2018-01-25Author: Paroma Bhattacharya

Noble Energy, one of USA’s leading oil and gas exploration and production companies has been reported to be planning to expand its operations at Leviathan, Israel - the large natural gas site off the Israeli Mediterranean coast. For the record,....

Celgene announces purchase of Juno Therapeutics for USD 9 billion

Celgene announces purchase of Juno Therapeutics for USD 9 billion

Date: 2018-01-23Author: Dhananjay Punekar

In what may be regarded as a significant breakthrough being witnessed across healthcare industry, Celgene Corporation has reportedly decided to purchase Juno Therapeutics Incorporation, a biopharmaceutical firm headquartered in the U.S., for nearly U....

Australia-based scientists discover new rotavirus vaccine for infants

Australia-based scientists discover new rotavirus vaccine for infants

Date: 2018-02-22Author: Dhananjay Punekar

In a major breakthrough witnessed across the healthcare industry, a team of scientists in Australia have discovered a rotavirus vaccine that has the ability to offer protection to newborns against dreaded infections. Referred to as RV3-BB, this vacci....

Scientists in Japan develop ultrathin elastic skin wearable device

Scientists in Japan develop ultrathin elastic skin wearable device

Date: 2018-02-20Author: Sunil Hebbalkar

Renowned Japanese researchers from the University of Tokyo have recently developed a device with ultrathin elastic skin displays, which can depict a patient’s health information on the skin. This elastic display can be used to carry out electro....

Microsoft Corp. declares ScaleUp Program for Sydney startups

Microsoft Corp. declares ScaleUp Program for Sydney startups

Date: 2018-02-15Author: Dhananjay Punekar

Tech behemoth Microsoft Corporation has disclosed its plans to launch a ScaleUp program in Sydney supporting the city’s StartUp hub. The initiative taken by the tech giant is aimed towards transforming the city into an innovative capital. Incid....

Google and Getty Images Inc. to sign a new image licensing pact

Google and Getty Images Inc. to sign a new image licensing pact

Date: 2018-02-12Author: Dhananjay Punekar

Getty Images Inc., a U.S. based stock photo organization, has apparently decided to sign a licensing agreement with Google Inc., post filing an antitrust litigation against the firm two years ago. According to the statement issued by Getty, the two c....

BT’s mobile arm EE to launch 4G broadband antenna for rural homes

BT’s mobile arm EE to launch 4G broadband antenna for rural homes

Date: 2018-02-09Author: Ojaswita Kutepatil

The UK based telecom giant EE has recently unveiled its plan to launch a new 4G antenna that promises to help provide rural homes with fast broadband internet. Reports claim EE’s project to be first-of-its-kind in providing superfast broadband ....