Chinese automaker Geely plans to merge with its Volvo Cars business

The merger deal shall boost their technological and financial synergy   Combining the firms shall also protect the individual identity of every brand Volvo Cars, a Swedish automaker along with its owner, Geely Holding, a Chinese ....

Kansas adds 660MW wind power, targets significant emissions reduction

The extension will help the State reduce emissions by 80% by 2050 Addition of 660 MW by Evergy increases its capacity to 4,535 MW Evergy, provider of clean and safe energy, along with Laura Kelly, Governor of Kansas, have jointly annou....

Advent and Crosspoint take over Forescout for USD 1.9 billion

Forescout shareholders would receive an all-cash transaction of USD 33 per share from the acquiring companies.   Under this acquisition, the companies will support Forescout built on its success in device visibility and enhance its....

Visa, Airwallex collaborate to launch a B2B borderless payments card

The B2B card solution will help smoothen cross-border payments conveniently   The offering will be first available in Australia followed by other markets worldwide Visa, a leading digital payment technology firm, along with Airwa....

CDP inducts Kao in its A List for water security and climate change

Kao Corporation, a renowned Japanese chemical and cosmetics company, reportedly announced that it has been selected to be inducted into the A List created by renowned UK based NPO, CDP, for climate change and water. The A List contains the ....

SafeSwiss procures Secure Swiss Data to prevent soaring cyber-attacks

The acquisition is considered the largest of all the recent acquisitions across the Swiss cyber technology sector. The companies have kept the details of the acquisitions undisclosed as of now. SafeSwiss Secure Communication AG, a w....

American Airline inks $4.2Bn worth contract with mechanics union

The agreement will provide over 30,000 employees an improvement in pay, job protections and quality of life American Airlines, one of the world’s largest airlines, along with its mechanics union has recently announced that it has rea....

Toyota Motor to use big data to avoid accelerator-brake confusion

• Toyota plans to roll out accelerator suppression function in new cars. • The automaker will sponsor the Tokyo Olympics exhibiting its self-driving e-Palette pods. Toyota Motor Corp, a Japanese automotive manufacturer, recently ....

IDbyDNA raises $20M in Series B funding for Explify diagnosis platform

  The Series B funding has reportedly been led by ARTIS Ventures and others. Main motive of the funding raised is to fuel growth of company’s Explify Software Platform for the treatment of global infectious diseases.   ....

GM to invest USD 2.2 bn for the production of electric trucks and SUVs

The vehicle and vehicle part producer is anticipated to invest over USD 2.2 billion for the manufacturing of all-electric SUVs and trucks.   Production is expected to take place at the company’s Detroit-Hamtramck plant in the....