A roundup of this week's top stories
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1
Global semiconductor shortage hits "crisis" levels
As the worldwide shortage of semiconductors worsens, consumers are facing rising prices and shortages of products such as games consoles, cars, TVs and smartphones...
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2
Geely squares up to Tesla with launch of high-end electric brand
Chinese car manufacturer Geely Auto has launched a brand of premium electric vehicles in China as it seeks to push back against Tesla's leading position in its domestic market and recover from the financial impact of the Covid-19 crisis...
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3
Nord Stream 2 could be completed by October
The pipelaying for Nord Stream 2 - which has a little more than 100km of pipeline remaining - could stand to be completed by October, according to the information contained in a regulatory document...
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4
Liverpool aiming to be a driving force in drone tech
UK-based startup Drone Major Group (DMG) has announced the launch of the first-ever drone technology Test and Development Area project, to be created in the Liverpool City Region...
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5
EC gives Danfoss conditional go-ahead for Eaton acquisition
The European Commission has given its conditional approval to the €2.7 billion acquisition of Eaton's hydraulics business by Danfoss after the Danish company agreed to divest some of its businesses...
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6
Toshiba develops highly-efficient carbon conversion catalyst
Toshiba claims to have developed the world's most efficient electrocatalyst technology for converting carbon dioxide into carbon monoxide for use in fuels and chemicals...
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7
Dounreay site suggested for UK's first fusion plant
Highland councillors are looking to submit a bid for the decommissioned Dounreay site in Caithness, Scotland, as their suggestion for the UK's first nuclear fusion power plant...