Aramco was forced to reduce its production by 5.7 million barrels each day or almost 50% after a number of drone attacks struck the core of the country’s oil production. Crude futures saw a sharp jump Sunday after the attack. U.S. West Texas Intermediate increased …
The company held a meeting with Ganfeng Lithium, supplier of Tesla, at the request of automobile firm. Sigma, which will be among the lowest-cost lithium suppliers in the world, is also having informal talks with German automobile firms BMW and Volkswagen. Sigma Lithium Resources Corp, …
Lumanda Manufacturing Insights delivers AI-powered Industrial Analytics Solutions to optimize production, machine and enhanced outcomes for manufacturing industry 4.0. The deal brings IoT to Hitachi Vantara’ s production floor enabling the company to achieve transformative outcomes using data-driven insights. A wholly owned subsidiary of Hitachi Ltd., Hitachi Vantara, …
ACCC has restricted a A$15 billion acquisition deal between the country’s largest telecoms providers, TPG and Vodafone. Currently, Vodafone operates a mobile phone network with Hutchison Telecommunications Ltd. in Australia. The Australian Competition and Consumer Commission (ACCC), the independent authority of the Australian government, has …
The company plans to conduct a stratospheric test flight after performing the test flights in NASA’s AFRC. HAPSMobile Inc., a subsidiary of SoftBank Corp., has reportedly managed to secure a limited flight release from NASA operated AFRC (Armstrong Flight Research Center), Airworthiness & Flight Safety …
Total funding of the company rises to $110 million after the closure of Series D funding round. HackerOne presently works with over 1,500 consumers that take company’s support to find key security weaknesses so they can be addressed before people with malicious intent identify and …
Vistara and IndiGo have been planning to launch flights to London by next year The aviation ministry has begun the process of distributing the rights between Indigo and Vistara IndiGo and Vistara, that have informed the Aviation ministry that they plans to launch flights to …
The US justice department filed a lawsuit against Novelis’ purchase of Aleris Corp, for $2.6 billion. Novelis Inc. intends to complete the proposed transaction by 21 Jan, 2020. Novelis Inc., a subsidiary of Hindalco Industries Ltd under Aditya Birla Group said that it has reportedly …
The transaction proposed will be closing near the fourth quarter of 2019. The approval encourages both CSI and AirBoss to stay committed to closing on time. AirBoss of America Corp., a manufacturer of products based on rubbers for military, heavy industry, automotive, oil & gas, …
