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Ageing technology constrains European business

New research from Ricoh reveals 79 percent are unable to maximise technology.

August General Servicing

Volkswagen chasing its own American Dream

Volkswagen is to invest some $7 billion in North America over the next five years

UK should harness marine power

The UK has the potential to capture just under a quarter of the global marine energy market, according to analysis released today by the Carbon Trust.

NIKE sprints to record

US sportswear and equipment supplier NIKE has reported revenues of $20.9 billion for the fiscal year ending 31 May 2011, a ten percent rise over the previous year.

United and Continental stockholders vote to merge

The stockholders of Continental Airlines and United Airlines have voted overwhelmingly in favor of the companies’ planned merger to create the world’s largest carrier.

Steinhoff and KAP in R8.9 billion deal

South Africa’s Steinhoff International is to swap several of its industrial assets for a bigger stake in manufacturer KAP International in a deal worth R8.9 billion.

Russia and Norway agree on Arctic border

Russia and Norway ended a 40-year dispute yesterday when they signed an Arctic border treaty, opening up the region to offshore oil and gas development.

AMEC wins £150 million BP contract

Engineering and project management provider AMEC has been awarded a £150 million contract to deliver engineering and project management services for the Clair Ridge project, wes

Soitec completes ItalyÔÇÖs largest CPV solar plant

French manufacturer Soitec has announced the completion and grid connection of the largest concentrator photovoltaic (CPV) solar power plant in Italy.

Sanofi-Aventis launches Genzyme bid

French pharmaceutical giant Sanofi-Aventis has launched an $18.5 billion bid for US biotech company Genzyme Corp.

Timken links with university to accelerate research

The Timken Company has announced an open-innovation agreement with the University of Akron, Ohio, to accelerate technology development.

Shell offers £992 million for Cove

Shell Exploration & Production (Shell Bidco) has made an offer of £992.4 million for East Africa-focused Cove Energy.