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Leadership
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Technology
Marketing
Top 10
October 2019
September 2019
August 2019
July 2019
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May 2019
Either the Swiss food and drink firm, Nestlé, or the British-Dutch consumer goods company, Unilever, are expected to acquire Indian Horlicks. The GlaxoSmithKline Plc brand is anticipated to generate $4bn from the asset auction, Reuters revealed. GSK, which is in exclusive talks with Unilever to boost its position in India according to the Financial Times, owns a 72.5% stake ...
The Danish energy company, Ørsted, has revealed plans to invest DKK200bn (US$30bn) in green energy by 2025. The company has made the plans as it intends to become one of the future’s “renewable majors”. The firm is transitioning from focusing its operations on fossil fuels to renewable power. In October last year, the company changed its name from DONG...
Arsenal Foot Ball Club has announced the installation of a battery storage system at its Emirates stadium in London, UK. The football club announced the news with UK-based Pivot Power on 26 November, CNBC reported. The 3MW system will have the capacity to store enough energy to power the stadium during an entire match. “This is a big step forwards for us in being efficie...
Saint Gobain, the French construction and manufacturing company, has revealed plans to introduce a new business strategy. The firm aims for its new strategy, dubbed the “Transform and Grow Program”, to improve margins and cost savings. The Courbevoie-based company’s transformation accelerator will feature a new organisational structure and an additional portfolio ...
The market for organic wines, grown pesticide-free, is predicted to grow by over 13% worldwide as consumers become increasingly environmentally-conscious, a report has found. According to Reuters, sales of organic wine are forecast to top 1 billion bottles by 2022, up from 676 million last year and nearly three times the 349 million bottles sold in 2012. The study, performed by wine and...
IKEA has revealed plans to open stores in centres in order to appeal to new shopping habits. The stores will be “in between sizes” of its larger sites that are located on the outskirts of cities and its new smaller city centre shop, according to Javier Quinones, CEO of IKEA UK and Ireland. “There are many formats we can try and will try,” Quinones added, the...
The German manufacturer, Siemens, has signed a contract to build 94 new trains to be used by the London Underground for its Piccadilly line. Siemens was awarded the £1.5bn (US$1.92bn) contract in June earlier this year, but the agreement faced legal action from Bombardier and Hitachi. The train will be built in the firm’s £200mn ($256.2mn) factory in Goole, East Y...
The California-based data centre provider, Equinix, has announced plans to develop an International Business Exchange™ (IBX®) site at its London Slough campus. The site is anticipated to cost £90mn (US$115mn), which will add to the nation’s recent digital infrastructure investment total of £295mn ($377.17mn). “Equinix’s investm...
J. Safra Group, the Brazil-headquartered conglomerate and owner of London’s Gherkin, has revealed plans for the UK’s latest tower development. The building, with has been dubbed the Tulip, has been designed by the British architects Foster + Partners. J. Safra Group has submitted a planning application for the Tulip with the City of London Corporation, meaning construct...
Google, the California-based technology giant, has revealed plans to develop a new data centre in Fredericia, western Denmark. The company will invest €600mn (US$686mn) into the project The firm claims it searches for locations with “high-quality digital infrastructure and supports renewable energy production” when planning for data centres. “ Data cente...
Jim Ratcliffe, the wealthiest person in the UK, has revealed plans to purchase oil and gas fields in the North Sea. The businessman’s company, INEOS, is in exclusive talks with the Houston-based energy company, ConocoPhillips, to acquire the fields. The American firm could be selling up to £2.3bn (US$3bn) worth of shares in the fields, according to the BBC. The dis...
The German automaker, Volkswagen, has announced plans to invest €44bn (US$50bn) into electric vehicles (EVs), autonomous driving, and new mobility services by 2023. The firm revealed the plans on 16 November, according to Reuters, following the firm’s supervisory board vote on capital spending plans. Under its new strategy, Volkswagen will retool three of its plants in G...
The Chief Executive Officer of the German financial institution, Deutsche Bank, has urged politicians to form a digital innovation programme. Christian Sewing made the announcement at the European Banking Congress in Frankfurt on 16 November. The CEO claims that a European programme could compete with the US and China, Reuters reported. “We have to accelerate the banking...
The Swedish construction firm, Serneke, has expanded its operations to the Australian market. The company, which was founded in 2002 in Gothrnburg, targets medium and high-density development projects that aim to improve the quality of life for residents in existing communities. The company has formed a joint venture, Serneke Australia, and bought into Consortium Builders Pty Ltd. ...
The Swedish furniture retailer, IKEA, has announced plans to invest €5.8bn (US$5bn) in real estate operations over a span of three years. Ingka Centres, the firm’s property business, aims to increase its real estate assets by more than half, the Financial Times reported. The unit currently owns €9.5bn ($8.26bn) of real estate, which includes €3bn ($2.61bn) of n...
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