Statoil, headquartered in Norway, has returned to oil exploration in the Gulf of Mexico with a major move. It was recently named high bidder on 13 leases in the 2017 Central Lease Sale.
Hydrogenics Corporation of Mississauga, Ontario has reached an agreement with Wind to Gas Südermarsch GmbH & Co. KG in Germany to deliver a 2.4 megawatt PEM Power-to-Gas system for hydrogen production.
The London Taxi Company (LTC), a subsidiary of Geely, a Chinese multinational company, just announced the opening of the first car plant in the United Kingdom focused 100% on the production of range-extended electric vehicles.
Finnish manufacturer KONE has won an order to supply 76 elevators and escalators to Indonesia1, a premium integrated mixed-use development located in the Central Business District of Jakarta, Indonesia.
Higher per capita incomes and rising economic growth have made a major impact on hunger in Europe and Central Asia. According to a new report the Food and Agriculture Organization (FAO) of the UN, however, changes in what people eat is creating new health issues for both regions.
APG, one of Europe's largest pension fund providers, and E Fund, the third largest asset manager in China, are partnering to co-launch the "Financial Future Planning Academy" in collaboration with top business schools in the EU and China.
Springfield, Missouri-based Paul Mueller Company is planning to construct a new facility in Groenlo, a town in the east-central portion of the Netherlands. Construction is expected to commence in the summer of 2017 with a completion date projected to be in the summer of 2018.
Ryanair, an Irish low-cost airline, has launched two new routes from London Stansted to Kiev (five times weekly) and to Lviv (twice weekly), its first UK-Ukraine services.
Senvion, a German wind turbine manufacturer, is supplying five MM82 wind turbines for the Teevurcher wind farm in County Meath, Ireland.
The new Riyadh Metro Line 3 in Saudi Arabia is now receiving trains built by Bombardier Transportation, a division of Canada-based Bombardier, and shipped there via the Deutsche Post DHL Group.
Ferrero International S.A., the Italian confectionery group, has agreed to acquire Fannie May Confections Brands, a U.S. premium chocolate confectionery manufacturer of the Fannie May and Harry London brands, from 1-800-FLOWERS.COM, Inc.
South Korea based Nexen Tire, one of the fastest growing global tire manufacturers, recently announced broadened sports marketing relationships in Europe. These include perimeter LED advertising at two clubs in the Italian Serie A and the 2nd season of its official sponsor of Manchester City Football Club.
Yingli Green Energy Holding Company Ltd. of China, has announced it is going to provide solar power with a capacity of close to 400 KW, for Europe's largest bifacial PV plant ever, in the Netherlands.
RWTH Aachen University, one of 11 "Universities of Excellence in Germany", just took delivery of an NEC scale-out LX series supercomputer using the latest Intel Xeon ES-2600 v4 microprocessor family. This will provide the university with advanced high performance computing services for engineering and scientific research.
German automotive parts manufacturer, Kiekert AG is on the hook to pay a $6.1 million criminal fine for its role in a conspiracy to rig bids of side-door latches and latch minimodules installed in cars sold in the United States and elsewhere.
Stuttgart-based M+W Group, a global high-tech engineering firm, just received the Grade A Building Project General Contractor License Certificate from the Ministry of Housing and Urban-Rural Development of the People's Republic of China.
Two European developers — PNE Wind AG and Statoil — have proposed two separate offshore wind farms off the northeast coast of the United States, and are asking the US government to open up new offshore sites.
German elevator manufacturer thyssenkrupp has entered into a long-term agreement with Indian engineering company Cyient to support its MAX platform.
The Travelers Companies, Inc., a major provider of property casualty insurance for auto, home and business based in New York, has reached an agreement to buy UK-based Simply Business from Aquiline Capital Partners LLC for nearly $490 million.
Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. of Japan, and Entega AG have formed a developmental partnership to increase both companies' capabilities in the areas of operational optimization for technical equipment and automated energy trading.
HeiQ Materials AG, a major performance clothing technology innovator based in Switzerland, and sustainable outdoor U.S. clothing developer Patagonia are teaming on an exclusive research partnership. The goal is create new sustainable textile finishing technologies to achieve breathable and durable water repellence (DWR) with best-in-class performances.
Prysmian Group, an Italian manufacturer of electric and telecommunications cables, has been awarded two new contracts for offshore wind farms in Germany and Denmark.
SGS, a global inspection, verification, testing and certification company headquartered in Switzerland, just acquired Toronto-based ILC, an independent laboratory specializing in microbiology and food chemistry testing services.
Caverion of Finland has received a EUR 5 million contract from Gemeinschaftskraftwerk Inn GmbH (GKI) for the implementation planning and technical installation of Electricity and Ventilation systems, for a new hydropower station.
AkzoNobel, a paint, coatings and chemicals company based in the Netherlands, is investing EUR12.6 million in a a new research and innovation hub to be located in Felling in the United Kingdom.
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