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Swedish luxury car manufacturer, Volvo AB has announced plans to triple electric vehicle production capabilities at its manufacturing facility in Ghent, Belgium, from the year 2022. The decision to increase the overall production capacity ....
In a bid to enhance efficiency among industrial workers amidst the alarming increase in distributed workforces as well as hybrid work models, China-based technology giant Lenovo Group Ltd. has reportedly introduced new AR (Augmented Reality....
The American Bakers Association (ABA) claims baking companies generate over US$153 billion in economic activity per year. A pronounced growth of packaging and processing technologies in the food industry appears to be a gamechanger in the e....
In the recent Series D funding round, Indian B2B online trade startup Udaan, reportedly raised USD 280 million from a group of investors, thereby taking the company’s net worth up to USD 3 billion. Sources familiar with the event cit....
According to reliable sources, Chinese multinational technology company Alibaba Group Holding Ltd. is planning to secure around USD 5 billion by trading its dollar-denominated bonds this month. The proceeds are expected to reach up to USD 8....
According to reliable sources, Italian-American car manufacturing giant Fiat Chrysler Automobiles N.V revealed its plans of investing around USD 250 million to strengthen its presence in the Indian automotive market. The company will be lau....
Following its shut down six months after launch, American short-form streaming platform Quibi is reportedly planning to sell its content to one of the most popular streaming media players, Roku Inc. According to reliable sources, Roku look....
With new digital equipment sprouting up in the medical sector, the global electrophysiology industry is witnessing a breakneck innovation in the past several years. Perhaps one of the most compelling trends to come out of the industry is th....
In a move to highlight its expansion prospects, Los Angeles based premier dietary supplements giant, Herbalife Nutrition, reportedly declared its plans to repurchase USD 600 million worth common shares from Icahn Enterprises L.P. The compa....
In recent developments, California-headquartered healthcare and social service provider WelbeHealth LLC has announced its plans to unite PACE programs, namely LA Coast PACE, Pacific PACE, and Stockton PACE under one roof. For the record, W....
