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

Porsche unveils final production version of ‘Taycan’ all-electric car

German automaker Porsche officially unveiled the final production version its first all-electric car -- the ‘Taycan’ -- on Wednesday, September 4, 2019.

BMW to discontinue hybrid i8 production by April 2020

In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.

Fraunhofer ISE develops EV solar roof with highly efficient solar cells

Germany-based Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has developed solar roofing for electric vehicles (EVs), in an apparent effort to increase their driving range.

CNH Industrial invests $250M in e-truck start-up Nikola

In a recent statement, UK-headquartered capital goods company CNH Industrial has revealed that it is making a $250-million investment in US startup Nikola, which specializes in the production of el

Evergrande cooperates with Benteler and FEV to advance its EV plans

According to Chinese media reports, the country’s renowned real estate group Evergrande is cooperating with two German companies to advance its ambitious electric vehicle (EV) plans.

Virginia plans Electrification of Public School Buses

In a recent announcement underscoring an environment-friendly move, the US state of Virginia has said that it is planning the electrification its public school bus fleets.

Charter Plane Start-up Quantum Air will purchase 26 small electric aircraft

In a recent announcement, Los Angeles-based charter start-up Quantum Air has revealed that it has signed an agreement with Denver-based Bye Aerospace, for the purchase of 26 small electrically-powe