Such a sensor could be based on the infraredtechnology that Autoliv developed for the night vision system of the new BMW7-series. The system gives the driver a warning to provide him or herapproximately four seconds to react when the pedestrian is at risk of being hitor is entering the risk-zone. The new ESV-paper highlights the substantialbenefits further development of this technology could bring. – “We see a great potential in our infrared-recognition system not only formaking driving at night safer and more comfortable but also as a key componentin a future pedestrian protection system”, said Steve Fredin, Autoliv`s VicePresident Engineering.
– “With more applications the volumes will rise which will rend the currentrelatively expensive infrared technology more affordable, making the technologyavailable for ever more vehicle buyers”, concluded Steve Fredin. Autoliv Inc., the worldwide leader in automotive safety systems, develops andmanufactures automotive safety systems for all major automotive manufacturers inthe world. Together with its joint ventures, Autoliv has 80 facilities withapproximately 34,000 employees in 31 countries. In addition, the Company hastechnical centers in eleven countries around the world, with 21 test tracks,more than any other automotive safety supplier Sales in 2008 amounted to US$6.5 billion. The Company’s shares are listed on the New York Stock Exchange(NYSE:ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange inStockholm (ALIVsdb). This information was brought to you by Cision http:// Inc.Steve Fredin, VP EngineeringTel +46-8-587 20 679orHenrik Kaar, Director Corporate CommunicationsTel +46-(8) 587 20 614 Copyright Business Wire 2009.
NEW YORK (Reuters) – Shares of YRC Worldwide (YRCW.O) fell 7.8 percent to $2 in premarket trading on Thursday, after the company was downgraded to underperform at Robert W Baird. Asian Markets(Reporting by Ryan Vlastelica) Asian Markets. (Refiles to correct revenue figure of 5.4 bln pounds in par 2to full year, not Q1) Japan June 18 (Reuters) – British confectionery group CadburyCBRY.L reported a pick-up in April and May trading and lookedforward to a stronger second half, helped by new productlaunches for its chocolate, gum and candy.Following are key facts about Cadbury: * The world’s second-largest confectionery group, afterMars-Wrigley. The London-based maker of Dairy Milk chocolate,Trident gum and Halls cough drops saw a 30 percent rise in 2008pretax profits to 559 million pounds. But it reported a slowstart to 2009 with sales up 2 percent in the first-quarter.Cadbury posted 2008 revenue of 5.4 billion pounds ($8.86billion) and an underlying operating profit of 638 millionpounds. * The demerger of Cadbury Schweppes Plc in May 2008 createdthe London-listed confectionery group Cadbury Plc, and a softdrinks group, Dr Pepper Snapple Group Inc (DPS.N).
The groupfaced pressure to demerge in 2007 after activist investor NelsonPeltz built up a 3 percent stake and urged the group to decideto split in order to unlock more value. * In March, Cadbury sold its Australian beverage businessSchweppes Australia to Asahi Breweries (2502.T), Japan’s largestbeer maker, for A$1.185 billion ($769.5 million), completing itsexit from soft drinks. * Cadbury had become the world’s biggest confectionery groupin 2003 when it bought the U.S Adams chewing gum business for$4.2 billion. But since 1999 it had been selling off itsnon-core soft drinks business. Lion and Blackstone had boughtits continental European business for 1.85 billion euros inFebruary 2006. * In July 2007 a UK court fined the company 1 million poundsfor selling unsafe chocolate in Britain and Ireland during 2006in a salmonella health scare. The company had recalled in June2006 more than one million chocolate bars in the UK and Irishmarkets because they could contain minute traces of salmonella.It estimated the recall cost at 30 million pounds.
* The origins of Cadbury go back to 1824 when John Cadburyopened a shop in Birmingham, UK, selling tea and cocoa. In 1969Cadbury merged with Schweppes to create Cadbury Schweppes.Cadbury now operates in over 60 countries and employs more than45,000 people. Japan. JOHANNESBURG (Reuters) – South Africa has identified the first case of the H1N1 flu virus in the country, the Department of Health said on Thursday. Swine FluThe patient, a 12-year-old who flew in from the United States on Sunday, was admitted to hospital on Monday and was kept in isolation. He was discharged and is recovering in isolation at home, the department said in a statement.”A diagnosis of the first case of H1N1 was this morning (Thursday) confirmed in South Africa,” it said.”The patient fitted the criteria as a suspected case and was dealt with in accordance with the World Health Organization and the Department of Health guidelines in this regard.”(Reporting by Marius Bosch; Editing by Jon Boyle) Swine Flu.