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UK government funds GBP5.4m Textiles Circularity Centre

2020-11-13 12:23:00| Daily apparel & textile news and comment - from just-style.com

A Royal College of Art-led consortium has been awarded GBP5.4m (US$7.1m) to establish a Textiles Circularity Centre (TCC) that will explore methods to turn post-consumer textiles into renewable feedstocks and develop new supply chains.

Tags: government centre funds textiles

 

Telecom Italia revenues down 5% in Q3, spins off data centre business

2020-11-11 08:57:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported an organic 5.0 percent year-on-year decline in revenues to EUR 3.90 billion in the third quarter of 2020, an improvement on the previous quarter's 10.1 percent fall, attributed in part to Italy's strong recovery from the first Covid-19 lockdown and higher fibre demand. Underlying service revenues also improved somewhat to EUR 3.5 billion, down 6.4 percent year on year compared to an 8.2 percent decline in the second quarter. Organic earnings before interest, tax, depreciation and amortisation (EBITDA) after lease costs came to EUR 1.76 billion, down 7.9 percent year on year, due to negative Covid-19 impact that was in part offset by a 1.3 percent rise in service revenues at TIM Brasil.

Tags: business data centre italia

 
 

Marvell confirms Inphi takeover to expand in growing data centre market

2020-10-29 12:37:00| Telecompaper Headlines

(Telecompaper) Marvell Technology has confirmed an agreement to acquire Inphi for cash and shares to create a new semiconductor group worth USD 40 billion. As part of the deal, Marvell will move the headquarters of the company from Bermuda to the US. 

Tags: data market centre growing

 

Sateri to drive closed-loop manufacturing with new R&D centre

2020-09-30 13:28:00| Daily apparel & textile news and comment - from just-style.com

Leading viscose fibre producer Sateri has invested US$48m in a new R&D innovation centre as part of efforts to diversify its portfolio of fibre products and further its closed-loop manufacturing capabilities. 

Tags: drive centre manufacturing drive manufacturing

 

Zaya sells data centre business zColo to DataBank

2020-09-29 16:15:00| Telecompaper Headlines

(Telecompaper) Zayo has agreed to sell its data centre unit zColo to DataBank. The deal gives DataBank 44 data centres in more than 20 markets across the US and Europe. DataBank will own and manage the sites, where Zayo will remain an anchor customer to provide network connectivity services for its customers.

Tags: business data centre sells

 

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