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​Apple has lost its position as the world's most valuable company amid a broad sell-off of technology stocks.Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years.Investors have been selling shares in technology firms as they move into what they see as less risky assets.Bitcoin, other major cryptocur...

​Aims to develop 30 GW of offshore wind capacity by 2040Would nearly double country's power output'Significant portion' to be exportedOSLO, May 11 (Reuters) - Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.The centre-left gove...

​ABB’s PixelPaint robot recreates child prodigy Advait Kolarkar’s abstract art creation and digital design company Illusorr’s geometric concept Paint-head technology delivers unprecedented precision and flexibility, reducing complexity while providing a more sustainable, efficient way to paint Advanced robotic technology meets demand for sustainability and personalization in...

​BRUSSELS, May 2 (Reuters) - Applefaces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals' access to its technology used for mobile wallets.This marks the second EU charge against Apple after EU regulators last year accused the company of distorting competition in...

​BP's profits for the first three months of this year have more than doubled after oil and gas prices soared.The energy giant reported an underlying profit of $6.2bn (£4.9bn) compared to $2.6bn in the same period last year - ahead of expectations.BP said the increase was due in part to "exceptional oil and gas trading".Rising profits have prompted calls for a one-off windfal...

Luxury car manufacturer Bentley will invest £2.5bn as it moves towards making electric vehicles.​It aims to produce its first electric car within the next three years, with exclusively electric models by 2030.​The new models will be developed at the company's plant in Crewe, Cheshire, which will also see investment to become carbon neutral, the firm said.​Bentley's CEO Adria...

​A firm planning mass production of electric car batteries in the UK has secured government funding for its proposed factory in Northumberland.Britishvolt announced plans for the so-called gigafactory in Cambois two years ago, saying it would create 3,000 jobs.The BBC understands the government has committed about £100m through its Automotive Transformation Fund.Britishvolt ...

Jan 5 (Reuters) - Japan's Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility.The new company, Sony Mobility Inc, comes as the Japanese tech giant is "exploring a commercial launch" of electric vehicles, Sony chair...

JCB has today started a fresh recruitment drive for 500 new shop floor employees as demand for its machinery continues to soar. The company is setting on the additional agency employees at its 11 plants in Staffordshire, Derbyshire and Wrexham – on top of the 850 shop floor jobs already created so far in 2021.  JCB is also offering an additional 300 agency employees permanen...

Data and analytics are key for a more efficient, resilient, and sustainable future in manufacturing. But despite high ambitions, many manufacturers struggle to capture satisfactory value from data and analytics in manufacturing. Successful manufacturers ensure a value focus in the selection of application, build a solid technological backbone and put organizational ...

The UK SMR consortium, led by Rolls-Royce, has announced it expects to create 6,000 regional UK jobs within the next five years, if the UK Government makes a clear commitment that enables a fleet of 16 small modular reactor (SMR) power stations to be built over the next 20 years. The power stations will help secure the UK’s net zero commitments affordably, revitalise the ...

Wood has further strengthened its relationship with Equinor by securing a new contract to support the international energy company’s operations at the Mariner field in the UK Continental Shelf (UKCS). Wood has entered into a three-year agreement to deliver operations, maintenance, modifications, and offshore services on the Mariner A platform and Mariner B floating storag...

Paris, October 7, 2020 – Total becomes a 20% shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan and near Port-La-Nouvelle (Occitan region). Attributed in July 2016, this 30 megawatts (MW) project will accelerate the development of a floating wind technology. Together with Qair, the historical developer and m...

First ever UK use of high-voltage direct current (HVDC) technology with smaller environmental footprint for connecting offshore wind farms Dogger Bank offshore wind farms to power 4.5 million homes Increasing current wind offshore capacity by 3.6 GW, equivalent to 5% of the UK’s total estimated electricity generation ABB has been selected by energy companies SSE ...

Virgin Galactic and Boeing have announced a new strategic partnership to broaden commercial space access. Boeing will invest $20 million in Virgin Galactic and the companies will work together to transform global travel technologies. “This is the beginning of an important collaboration for the future of air and space travel, which are the natural next steps for our human ...

Taking control of your interview. Personally, I believe that interviewing is a two way process where both parties have to impress each other for the process to move forward to the next stage, I know it may seem that I am stating the obvious but you would be surprised how many decision makers in a hiring situation still think the whole onus is on the candidate impressing t...

Groundbreaking on 10,000 square metre UK Global Technology Centre (GTC) Number of partnerships reaches twenty five in six months New partners include Axillium Research, Blue Bear Systems Research, Exechon Enterprises, Frazer-Nash Consultancy, Renishaw, Siemens Digital Industries Software, Theta Technologies, TriMas Aerospace, University of Birmingham and University...

Government invests £23 million to keep the UK at the forefront of electric car development Companies benefiting from this government investment will use it in the development of the latest battery technologies Part of the modern Industrial Strategy’s Future of Mobility Grand Challenge Companies across the country are set to benefit from £23 million government...

ABB creates state-of-the-art solution for CO2-neutral and energy self-sufficient factory of the future ABB has an extensive portfolio of eco-efficient solutions and services that can help decouple economic growth from environmental impacts. In fact, over half of ABB's worldwide revenues are generated by technologies that combat the causes of climate change. The company’...

  ·         Advances Saudi Aramco’s integrated refining and petrochemicals business, provides SABIC with a strategic energy industry shareholder and expanded growth opportunities. ·         Aligns strengths and interests of two major global companies to enhance competitiveness and address fast growing petrochemicals. ·         Currently, Saudi Aramco and SABIC have ...