Companies : Page 48

Lockheed Martin offers to acquire Terran Orbital for $500 million

March 4, 2024 Lockheed Martin has proposed acquiring smallsat manufacturer Terran Orbital, which it already owns a stake in and does business with, for more than $500 million.

Elon Musk sues OpenAI, Sam Altman over breaching initial agreement to pursue profits

March 3, 2024 Elon Musk has sued OpenAI and its co-founders Sam Altman and Greg Brockman, alleging the company has broken its initial agreement by pursuing profits instead of the nonprofit\'s founding mission to develop AI that benefits humanity.

PKP Intercity expands its rolling stock traveling at 200 km per hour

March 2, 2024 PKP Intercity, a long distance train company based in Poland, is implementing its €6.25 billion \'Large Projects Railway\' strategy to solely run a fleet of vehicles reaching speeds of 160 km/h or more.

ZF opens first zero-emission factory in Klášterec, Czech Republic

March 2, 2024 After a renovation period of less than 18 months, ZF\'s power electronics production site in Klášterec nad Ohří in the Czech Republic is re-opening as its first zero-emission manufacturing facility.

Court orders Meta to cease using name in Brazil

March 2, 2024 A Sao Paulo-court ordered Facebook-parent Meta META.O to stop using its name in Brazil within 30 days, after a local computer services provider with the same name filed a lawsuit saying it has been damaged by third parties confusing the companies.

Three partners unite for landmark hybrid wind-solar farm offshore Italy

March 1, 2024 SolarDuck, Green Arrow Capital, and New Developments s.r.l., have agreed to collaborate on the development of a landmark 120MWp OFPV farm integrated with 420MW Floating Offshore Wind (FOW).

Ethiopian inaugurates first of its kind e-commerce logistics facility at Bole International Airport

March 1, 2024 Ethiopian Airlines Group announces the launching of its state-of-the-art e-commerce logistics facility in a grand event yesterday.

Exxon files lawsuit against climate activist investors Arjuna Capital and Follow This

March 1, 2024 Exxon Mobil initiated a legal action against investor groups Arjuna Capital and Follow This.

Germany's KWS launches phase two of seed plant in Ukraine

March 1, 2024 KWS Ukraine, a subsidiary of leading Germany seed selection and production group KWS, has secured permission from the State Architectural and Construction Inspectorate to launch the second line of its seed plant.

Safran Aircraft Engines establishes new foundry in Rennes, Brittany for turbine blade manufacturing

March 1, 2024 Safran Aircraft Engines has announced it will create a new foundry works in Rennes, Brittany, to manufacture turbine blades for its major engine programs: the M88 in the defense sector and the CFM International LEAP in commercial aviation.

Poland's Cargounit invests in Siemens locomotives for European rail modernization

March 1, 2024 Siemens AG announces that Cargounit, Poland’s leading independent locomotive leasing company, has solidified its commitment to sustainable and efficient cross-border rail transport in Europe through two significant agreements with Siemens Mobility.

VTG advances intermodal transport in Spain and Portugal

March 1, 2024 VTG announces the imminent arrival of the first T4000 pocket wagons designed for the Iberian gauge.