Tag Archives: technology
Panasonic to invest $700 million to produce new batteries for EVs – Nikkei
(Corrects figure in headline to $700 million from $700 billion) TOKYO (Reuters) - Japan's Panasonic will invest about 80 billion yen ($705 million) to mass-produce a new type of lithium ion battery fo...
Jan 24, 2022
India’s Swiggy raises $700 million in funding round led by Invesco
BENGALURU (Reuters) - SoftBank-backed Indian food delivery firm Swiggy said on Monday it raised $700 million in a funding round led by U.S. investment firm Invesco, as competition intensifies for quic...
Jan 24, 2022
UK’s Computacenter keeping inventory high amid product shortages
(Reuters) -British IT services firm Computacenter said on Monday the group was carrying higher inventory than usual to tackle product shortages and expects inventory levels to return to normal once su...
Jan 24, 2022
China regulator calls to protect minors against ‘internet celebrity snacks’
SHANGHAI (Reuters) - China's State Administration for Market Regulation has called to strengthen protection of minors against food products containing hints of pornography marketed as 'internet celebr...
Jan 24, 2022
Philips expects sales to recover from supply chain woes after the summer
AMSTERDAM (Reuters) - Dutch health technology company Philips said on Monday it expects sales to recover strongly in the second half of the year, while a steep decline due to global shortages of parts...
Jan 24, 2022
Toshiba halts operations at chip manufacturing site after quake
(Reuters) - Toshiba Corp said on Monday that it had suspended operations at a group chip R&D and manufacturing site in Oita, southern Japan, after a strong earthquake hit the area at the weekend. Some...
Jan 23, 2022
Temasek to buy Bridgepoint’s UK-based testing firm for $7 billion-sources
SINGAPORE (Reuters) - Singapore's Temasek Holdings has agreed to buy Element Materials Technology for about $7 billion, as it sees an opportunity to boost growth at the testing and inspection services...
Jan 23, 2022
White House to hold second Competition Council meet on Monday -federal officials
By David Shepardson WASHINGTON (Reuters) - The White House is set to hold the second meeting of its Competition Council on Monday, federal agencies said on Sunday. Officials from two federal agencies ...
Jan 23, 2022
Toyota says its Tianjin joint venture resumed production on Jan 22
SHANGHAI (Reuters) - Toyota said operations at its joint venture complex in the eastern Chinese city of Tianjin resumed operations on Saturday after measures to curb the spread of COVID-19 prompted it...
Jan 23, 2022
Britishvolt signs agreement to develop high-nickel EV batteries
By Nick Carey LONDON (Reuters) - Electric vehicle (EV) battery startup Britishvolt said on Monday it has signed an agreement with a UK government-backed research facility to develop batteries with hig...
Jan 23, 2022
