Vodafone to acquire 15% stake in Vodacom Group

Vodafone to acquire 15% stake in Vodacom GroupVodafone Group Plc, the world's biggest mobile phone group by revenue, has finally agreed to acquire an additional 15% stake in Vodacom Group (Proprietary) Limited from Telkom SA Limited for a cash consideration of ZAR 22.5 billion or about GBP 1.4 billion.

Amdocs to acquire Changing Worlds for $ 60 million

Amdocs TopNews.usAmdocs, the leading provider of customer experience sy

Wells Fargo to raise $ 10 billion to fund acquisition deal of Wachovia

Wells Fargo & Co. has informed that it will sell at least $10 billion worth of common stock in a public offering, to fund its acquisition of east-coast lender Wachovia.

The San Francisco-based bank previously said it would raise up to $20bn of capital, primarily common equity, to fund the $15bn all-stock acquisition.

Wells Fargo expects to complete buyout of Charlotte, North Carolina-based Wachovia by fiscal end. The purchase would more than double Wells Fargo's size, creating a bank with $1.4 trillion of assets and 6,653 banking offices across the country.

Consumption of fish wards off kidney damage in diabetics

According to a recent stud eating at least two servings of fish each week wards of decline of kidneys in diabetics. The study was conducted on more than 22,000 adults in England.

The study was published in the American Journal of Kidney Diseases, the official journal of the National Kidney Foundation. It mentions that fish consumption lowers abnormal levels of protein in the urine in people with diabetes.

Folic Acid and Vitamin B6, B12 Supplements do not offer Lowered Cancer Risk

Researchers at Brigham and Women's Hospital and Harvard Medical School have found that supplements of folic acid, vitamins B6 and B12 neither reduce nor increase the risk of breast or other invasive cancers in women.

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News in Focus

Germany: Bosch plans to produce new silicon carbide chips at Reutlingen factory

According to German newspaper FAZ, electronics giant Bosch is planning to manufacture new silicon carbide (SiC) semiconductors at its factory in Reutlingen.

CATL gets approval to start new construction of its battery cell factory in Germany

Chinese battery manufacturer CATL has been officially granted the requisite approval for starting the new construction of its battery cell factory in Erfurt, Germany.

Scotland: eBike Grant Fund enabled 19 organizations to purchase over 100 e-bikes for 2019-20

In a recent announcement, the Government of Scotland has revealed the first results of its eBike Grant Fund that enables the purchase of electric bikes across the country.

US: Bollinger presents latest versions of B1 electric utility truck and B2 e-pickup

US electric vehicle startup Bollinger Motors has presented new versions of the Jeep-like Bollinger B1 electric utility truck and the Bollinger B2 electric pickup truck.

Daimler’s Smart brand reveals ‘new-generation’ EQ models

German automaker Daimler’s Smart brand has released the first few images of the revised, ‘new-generation’ models of its EQ electric car lineup -- the EQ Fortwo, the EQ Fortwo Cabrio, and the EQ For

Europe: Transport and energy groups call for intelligent EV charging infrastructure

In recently issued joint statement, transport and energy associations in Europe have sought support from European institutions for a rapid deployment of intelligent charging infrastructure for elec

Faraday Institution will award £55M to UK-based consortium for battery research

The UK’s Faraday Institution has announced that it will grant an amount of up to £55 million for battery research, so that battery enhancements for transport and grid storage can be accelerated in