Merck has announced the first phase of a global restructuring program, which will lead to the loss of 7,000 jobs by the end of 2008.
Government funding of more than £46m will see 542 new low-carbon buses on roads across England by March 2012, according to transport minister Norman Baker.
Qinetiq’s Zephyr High Altitude Long Endurance solar powered Unmanned Aerial Vehicle achieved its longest flight to date during a set of flight trials at the end of July.
A new company spun out from the National University of Ireland, Galway aims to become a major player in the biofuels industry.
Cross London Rail Links (CLRL) has shortlisted four organisations to compete for Stage 2 of the Crossrail Project Delivery Partner tendering process.
ScottishPower Renewables and partner Eurus Energy are seeking to re-energise one of the UK’s oldest windfarms in Powys, mid-Wales.
Scottish engineers have been awarded a £2m R&D Plus grant to develop new technology that will help protect aircraft from terrorist attacks.
Loughborough University spin-out Intelligent Energy has raised $30m from both existing and new investors to accelerate the commercialisation of its fuel-cell power systems.
Precision Castparts has entered into an agreement to acquire Special Metals Corporation, a producer of high-performance nickel-based alloys and super alloys, for $540 million.
Toyota is recalling some of its current, third-generation Prius models to correct a potential problem with the hybrid system’s boost converter software.
