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Ineos Plans to Relocate HQ to England this 2016

After moving its headquarter for six years in Swiss, the petrochemical giant sets to return home. Founder and CEO Jim Ratcliffe planned to relocate its headquarter back to England.

Mar 29, 2016 9:29 AM EDT


Macquarie Led Group Wins Approval From Louisiana Acquiring Cleco For $3.4 Billion

A group of investors led by Macquarie has reached an agreement with utility company Cleco to acquire the latter for $3.4 billion during October 2014. The acquisition proposal has previously been rejected by Louisiana PSC last month due to absence of best interest offerings to the Cleco customers. However, the deal has been approved on Monday following revised commitments from both the parties.

Mar 29, 2016 9:27 AM EDT


Elon Musk’s SpaceX Success May Remain A Dream, Argues Neil deGrasse Tyson

Neil deGrasse Tyson has termed Elon Musk’s SpaceX project as a delusion and argues in favor of his claim. The cost involved appears to be the first hurdle since such gigantic project can’t be implemented without public funds or government patronization. The level of risk and lack of commitments for returning profits are the two other major causes behind his argument.

Mar 29, 2016 9:26 AM EDT


Elon Musk Learned Hard Lesson in Energy Storage

Tesla launched Powerwall last year as a residential backup power supply. However, as the market is not enthusiastic, the company quietly remove one of its product.

Mar 29, 2016 9:24 AM EDT


Gobi Partners and Malaysia Venture Capital to invest in Southeast Asia tech start-ups

Gobi Partners along with Malaysia Venture Capital has created a $14.5 million investment pool to focus on tech start-ups in the Southeast Asian region.

Mar 29, 2016 9:22 AM EDT


Another Canadian Startup Introduced Smart Shirt With Built-in Sensor

Smart shirt has been a new frontier in the wearable tech. Another Canadian startup company Hexoskin introduced its Hexoskin Smart product as another smart shirt.

Mar 29, 2016 9:21 AM EDT


Philippine Business Group Ayala Intends To Manufacture Local Car Brand With Spare Parts

Ayala Corporation, the largest business group by assets in the Philippines has already acquired certain stake in the automotive industry through IMI. Now, the conglomerate eyes to expand its dominance over the industry in line with a comprehensive program naming CARS. With support from the program, Ayala will go for manufacturing local car brand along with spare parts production facility.

Mar 29, 2016 9:20 AM EDT


Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group

Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in international as well as online markets.

Mar 29, 2016 9:16 AM EDT


Companies in UK Only Show Little Concern Over Brexit

As the country divided in the Brexit issue, British companies showed a little concern regarding Brexit. They considered Brexit do not affect their business activity.

Mar 29, 2016 9:14 AM EDT


Asia-based apps boost online shopping sector

Online shopping is made easy with the advent of smartphones, creating a new era for online sellers. Online marketing sector has gained from many e-commerce apps over the recent period.

Mar 29, 2016 9:10 AM EDT


Toyota Targets Zero Emissions, Collaborates with Toshiba Corp, Iwatani Corp and Local Government for Hydrogen Fuel Cell

Toyota has been working with the local government along with Toshiba Corp. and Iwatani Corp. regarding hydrogen fuel cell. Hydrogen will be taken from the wind-power plant in Yokohama Hama Wing that will be compressed and delivered by a truck.

Mar 14, 2016 10:51 AM EDT


Stardock Enable Gamers to Install NVIDIA and AMD Video Cards in One PC

Stardock has an interesting new tech for gamers. The renowned game developer to introduce new software that enable NVIDIA and AMD graphic cards to be installed together in the same PC.

Mar 14, 2016 10:48 AM EDT


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