(IN BRIEF) Lenzing Group Revolutionizes Textile Dyeing Process for Sustainable Garments Austria-based Lenzing Group, a global leader in wood-based specialty fibers, introduces an innovative approach that reduces environmental impact in textile dyeing and finishing. The one-step dyeing process significantly cuts … Read the full press release
(IN BRIEF) RWE Clean Energy has signed eight long-term power purchase agreements (PPAs) with Dominion Energy Virginia for seven solar projects, totaling over 300 MW of capacity. The solar energy generated from these projects will power more than 70,000 homes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany
Tagged Dominion Energy Virginia, Mark Noyes, PPAs, renewable energy, RWE Clean Energy, solar energy, solar projects, Virginia
(IN BRIEF) RWE Renewables Europe & Australia GmbH has won a tender to develop a wind farm in the state of Hesse, Germany. The planned wind farm, with a capacity of over 30 megawatts, will be located in the municipality … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany
Tagged Katja Wünschel, renewable energy, RWE, RWE Renewables Europe & Australia, tender, wind farm
(IN BRIEF) The LEGO Group and Warner Bros. Discovery have unveiled the LEGO Harry Potter Gringotts Wizarding Bank set, the newest addition to the LEGO Harry Potter product range. The set features a highly detailed representation of the bank from … Read the full press release
Posted in Denmark, Entertainment, Marketing, Media, Retail
Tagged Bellatrix Lestrange, Bogrod, Death Eater, Discovery Global Consumer Products, Dragomir Despard, goblin bankers, Gringotts Wizarding Bank™, Griphook, Harry Potter™, Hermione Granger, LEGO Group, LEGO® Harry Potter™, Ricbert, Ron Weasley, Rubeus Hagrid, Ukranian Ironbelly Dragon, Warner Bros
(IN BRIEF) SAP has announced strategic direct investments in three generative AI companies, namely Aleph Alpha GmbH, Anthropic PBC, and Cohere. These investments align with SAP’s open ecosystem approach to AI and complement their $1+ billion commitment to invest in … Read the full press release
Posted in Artificial Intelligence (AI), Germany, Internet & Online, Investment, Technology, United Kingdom
Tagged AI, AI safety, Aleph Alpha GmbH, Anthropic PBC, artificial-intelligence, Claude, Cohere, enterprise, enterprise AI, generative AI, large language models, SAP, SAP SE, Sapphire Ventures, Sebastian Steinhaeuser
(IN BRIEF) EnBW Energie Baden-Württemberg AG’s Supervisory Board has made an early decision to reappoint Dirk Güsewell and Dr. Georg Stamatelopoulos as members of the Board of Management for an additional five years. Dirk Güsewell oversees System Critical Infrastructure, while … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Management, News
Tagged Board of Management, Dirk Güsewell, EnBW, Georg Stamatelopoulos, leadership, Lutz Feldmann, reappointments
(IN BRIEF) Infineon Technologies AG announces the expansion of its data logging memory portfolio with the introduction of two new automotive-qualified Ferroelectric RAM (F-RAM) memory devices. These devices, available in 1Mbit and 4Mbit densities, cater to the increasing demand for … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Data Logging Expansion, EXCELON, F-RAM, Infineon, Memory Devices, Ramesh Chettuvetty
(IN BRIEF) Savills, a leading global real estate services provider, has appointed Michael Blake as an associate director in its social value team as part of the expanding Savills Earth offering. With a decade of experience in social value and … Read the full press release
Posted in Business, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, leadership, Michael Blake, Savills, Social Value Team, Wesley Ankrah
(IN BRIEF) The University of Exeter has been nominated for prestigious national awards, the UK Social Mobility Awards, in the Leadership of the Year and University of the Year categories. The university’s initiatives aim to improve access to higher education … Read the full press release
Posted in Awards, Business, Education, Industrial, Management, Media, News, Society, United Kingdom
Tagged Awards, Nicola Sinclair, Sir Kenneth Olisa OBE, Social Mobility Awards, society, students, Tim Quine, UK, University of Exeter
(IN BRIEF) Banijay, a prominent media and entertainment company, has successfully reorganized its operations in Asia by merging Endemol Shine India and Banijay Asia under the leadership of Deepak Dhar, who assumes the role of Founder & Group CEO of … Read the full press release
Posted in Business, Entertainment, France, Industrial, Management, Media, News
Tagged ASIA, Banijay, Banijay Asia, Deepak Dhar, Endemol Shine India, Marco Bassetti, partnership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a US$100 million loan to Banque Misr in Egypt, aimed at supporting micro, small, and medium-sized enterprises (MSMEs). The funding will enable Banque Misr to expand its operations … Read the full press release
Posted in Banks, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque Misr, EBRD, economy, EGYPT, loan, partnership, small business, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative (CGI) have collaborated to launch Chapter Zero Egypt, a platform aimed at promoting effective climate governance practices among businesses and financial institutions in Egypt. Chapter … Read the full press release
Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, News, United Kingdom
Tagged "Chapter Zero Egypt", Ahmed El Sewedy, CGI, climate change, Climate Governance Platform, EBRD, economy, Julie Baddeley, Khalid Hamza, partnership, sustainability, Tarek El Molla, Yasmine Fouad
(IN BRIEF) The European Investment Bank (EIB) has provided a €460 million loan to Italy’s Hera Group to support its green transition and sustainability goals. The loan aims to strengthen integrated water services, increase renewable energy production, promote energy efficiency, … Read the full press release
(IN BRIEF) Continental has been chosen as the exclusive tire supplier for the new Brabus 930, the most powerful supercar in Brabus’ lineup. The car will be equipped with Continental tires, with size 275/35 ZR 21 at the front and … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged 275/35 ZR 21, 335/25 ZR 22, Brabus, Brabus 930, Continental, Powerful Supercar, Tire Supplier
(IN BRIEF) SEB has successfully completed its latest share buyback program, repurchasing SEK 1.25 billion worth of Class A shares. Following this, the Board of Directors has decided to initiate a new buyback program of the same value. The new … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, SEB, Share Buyback Program
(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, France, Industrial, Management, News, Technology
Tagged Aramco, Bernard Pinatel, Certified Circular Polymers, Middle East, Mohammed Y. Al Qahtani, North Africa, partnership, plastic waste, SABIC, Sami Al-Osaimi, sustainability, TotalEnergies, waste management
(IN BRIEF) Michelin has been honored with the AutomotiveINNOVATIONS Award 2023 in Frankfurt for its road-approved car tires containing 45% sustainable materials. The award recognizes Michelin’s commitment to producing tires made entirely from sustainable materials by 2050, with an interim … Read the full press release
Posted in Automotive, Awards, Business, Environment, France, Industrial, Management, News, Technology
Tagged AutomotiveINNOVATIONS Award, Awards, Car Tire, Eric Vinesse, INNOVATION, Michelin, partnerships, sustainability, sustainable materials
(IN BRIEF) Michelin is expanding its CROSSGRIP range with the addition of two new dimensions: 480/70R20 and 480/80R26. Designed for various vehicles, including industrial, agricultural, and handling equipment, the CROSSGRIP range offers exceptional versatility on roads, grass, and snow. The … Read the full press release
Posted in Automotive, Business, France, Industrial, Management, News, Technology
Tagged 480/70R20, 480/80R26, Michelin, MICHELIN CROSSGRIP, performance, tire, Versatility
(IN BRIEF) SEAT S.A., under the leadership of President Wayne Griffiths, has confirmed plans to construct a battery cell assembly plant in Martorell. The company has applied to the new Battery PERTE VEC and intends to invest an additional 300 … Read the full press release
(IN BRIEF) Barclays has announced the expansion of its M&A franchise through the appointment of Dan Grabos as Co-Head of Americas M&A, alongside Larry Hamdan. In addition to his new role, Grabos will continue serving as Co-Head of Industrials M&A. … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointments, Barclays, Dan Grabos, Gary Posternack, Ihsan Essaid, Jonathan Gerst, Larry Hamdan, leadership, M&A Franchise
(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, Coupon Rate, Financial
(IN BRIEF) Nathalie Bricker has been appointed Global Head of Finance & Strategy at Natixis Investment Managers, the asset management arm of Groupe BPCE. Currently serving as Chief Financial Officer for Groupe BPCE’s global businesses, Bricker will report to Tim … Read the full press release
Posted in Banks, Business, Financial, France, Industrial, Investment, Management, News
Tagged appointment, Groupe BPCE, leadership, Nathalie Bricker, Natixis Investment Managers, Stéphane Morin, Stéphanie Paix, Tim Ryan
(IN BRIEF) Crédit Agricole S.A. has announced the appointment of Selma Dupont Drissi as the new Head of Strategy, effective from July 17, 2023. Dupont Drissi brings a wealth of experience in management, strategy, and organizational projects, having previously worked … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, News
Tagged appointment, Crédit Agricole S.A., Head of Strategy, leadership, Selma Dupont Drissi
(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Banco del Estado de Chile, Chile, Diego Pardow, EBRD, EU-CELAC Summit of Heads of State and Government, Gabriel Boric, partnership, Renewable hydrogen, sustainability, Ursula von der Leyen, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release
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