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Lone Star Funds to acquire BASF’s Construction Chemicals businessDecember 30, 2019

Lone Star Funds to acquire BASF’s Construction Chemicals business

BASF 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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Intel Research Identifies Digital Skills Gap Slowing Industry 4.0December 19, 2019

Intel Research Identifies Digital Skills Gap Slowing Industry 4.0

Intel 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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Boeing-built Satellite to Offer Greater Asia-Pacific CoverageDecember 18, 2019

Boeing-built Satellite to Offer Greater Asia-Pacific Coverage

A 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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Volkswagen starts pre-production in first plant purely focused on e-mobility in ChinaNovember 12, 2019

Volkswagen starts pre-production in first plant purely focused on e-mobility in China

The 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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Kingston Technology Releases Enterprise-Grade Data Center 450R SSDNovember 11, 2019

Kingston Technology Releases Enterprise-Grade Data Center 450R SSD

Kingston 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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Daimler launches new corporate structureNovember 7, 2019

Daimler launches new corporate structure

The 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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9M19 Activity indicators: Strong growth momentum across the GroupNovember 7, 2019

9M19 Activity indicators: Strong growth momentum across the Group

"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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Allianz and Embry-Riddle Aeronautical University report: Flying has never been saferNovember 6, 2019

Allianz and Embry-Riddle Aeronautical University report: Flying has never been safer

Despite 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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Oil and gas discovery in the North SeaNovember 6, 2019

Oil and gas discovery in the North Sea

Equinor 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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Free rebooking options now available for Lufthansa passengers during strike periodNovember 5, 2019

Free rebooking options now available for Lufthansa passengers during strike period

The 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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SAP to Enhance Capital Return in 2020November 5, 2019

SAP to Enhance Capital Return in 2020

In 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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Honda partners with Vattenfall to deliver flexible energy contracts for European EV usersNovember 4, 2019

Honda partners with Vattenfall to deliver flexible energy contracts for European EV users

Honda 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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Honeywell Names Scott Zhang President of Honeywell ChinaNovember 4, 2019

Honeywell Names Scott Zhang President of Honeywell China

Honeywell 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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Personnel Changes at BASFNovember 1, 2019

Personnel Changes at BASF

Klaus 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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Cisco Strengthens Partnership with Telenor on 5G in NorwayNovember 1, 2019

Cisco Strengthens Partnership with Telenor on 5G in Norway

Earlier 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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Groupe PSA and FCA plan to join forces to build a world leader for a new era in sustainable mobilityOctober 31, 2019

Groupe PSA and FCA plan to join forces to build a world leader for a new era in sustainable mobility

Discussions 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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Microsoft announces new capabilities for a seamless, smart and secure IoT worldOctober 31, 2019

Microsoft announces new capabilities for a seamless, smart and secure IoT world

Microsoft 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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Worldwide by easyJet connections now available at Paris Orly with the Self-Connect© desk serviceOctober 29, 2019

Worldwide by easyJet connections now available at Paris Orly with the Self-Connect© desk service

easyJet, 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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SEAT sales surge by 37 % in SeptemberOctober 29, 2019

SEAT sales surge by 37 % in September

SEAT'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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HARMAN Professional Solutions Announces New JBL EON ONE Compact Portable PA SystemOctober 28, 2019

HARMAN Professional Solutions Announces New JBL EON ONE Compact Portable PA System

HARMAN 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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Husqvarna Group invests in IoT sensor startup Soil ScoutOctober 28, 2019

Husqvarna Group invests in IoT sensor startup Soil Scout

Husqvarna 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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Valeo and Dana Incorporated collaborate to bring end-to-end 48V systems to hybrid and electric vehiclesOctober 25, 2019

Valeo and Dana Incorporated collaborate to bring end-to-end 48V systems to hybrid and electric vehicles

Valeo 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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Honda to Evolve its Original High-Efficiency Electrification Technologies as “Honda e:TECHNOLOGY”October 25, 2019

Honda to Evolve its Original High-Efficiency Electrification Technologies as “Honda e:TECHNOLOGY”

Honda 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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New Software Enhancement for Multifrequency Metal DetectorOctober 24, 2019

New Software Enhancement for Multifrequency Metal Detector

A 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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Brex and Mastercard Partner on U.S. ExpansionOctober 24, 2019

Brex and Mastercard Partner on U.S. Expansion

Mastercard 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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