A threat to disruption in supplies of meat and fizzy drink in Europe is posed by a massive shortage of food-grade carbon dioxide (CO2). This shortage of CO2 in Europe has taken place at a time when there is a frenzy over the football World Cup and a peak season for summer barbecues. A number…
Pinnacle Foods Inc. – the owner of the Birds Eye and Mrs. Butterworth’s brands, would be acquired by Conagra Brands Inc., announced the later on Wednesday. The deal would be a cash-and-stock one with a valuation of the company at little over $8 billion. The deal would potentially have an implied per share deal price…
It is most likely that a male would be sitting behind the wheels when one orders a taxi in most parts of the world. That perception is being attempted to be change by the Uber’s rival in the Middle East – Careem. And that too in a society that is amongst the more conservative in…
Z Energy did not mention the extent to which its database was compromised. However, the compromised system has remained closed since December 2017. On Wednesday, Z Energy Ltd, a New Zealand-based fuel supplier disclosed it has been presented with evidence that its customer data from its Z Card Online database was accessed by a third…
Google’s customers have been reassured by the fact that Google Ads will now serve as an all-encompassing front door for ad sellers and advertisers. On Wednesday, in one of Alphabet Inc-owned Google’s biggest re-branding exercise, the search engine giant disclosed that it is further streamlining the entry point for ad sellers and advertisers and is…
The collaboration marks the Audi AG as the first major carmaker to sign a multi-year partnership with Cognata’s platform. On Tuesday, Israel-based Cognata Ltd, an autonomous vehicle simulation platform provider, stated it has partnered with Volkswagen’s Audi to speed up the development of autonomous vehicles. The simulation platform recreates virtually a range of testing scenarios…
Banks in UK have not been able to ready themselves yet for a “no deal” Brexit and hence they should act now so that they would be able to avoid risking the stability of the financial system, says the European Union’s top regulator. The preparation of the banks for an eventuality where the UK does…
With the strategy of focusing on a smaller group of core businesses and reducing its debt load, General Electric announced the spin off of its healthcare division and its stake in the oil services firm Baker Hughes. With this move, the company brought an end its efforts at simplification of the large structure of the…
Global automakers including Volkswagen’s Audi, Mercedes-Benz, BMW and Jeep are tapping into this market. Of the 1.5 million cars sold in Mexico in 2017, only a tiny fragment were armored. In an interesting turn of events, high levels of violent crimes in Mexico is acting as a growth engine for the country’s car-armoring business, with…
According to the CEO of Society of Motor Manufacturers and Traders (SMMT), Britain’s biggest car manufacturing lobby, “There is growing frustration in global boardrooms at the slow pace of negotiations”. On Tuesday, Britain’s biggest car manufacturing lobby, the Society of Motor Manufacturers and Traders (SMMT), stated the lack of clarity over Brexit has diminished new…
