(IN BRIEF) TX Logistik AG, a subsidiary of FS Italiane Group’s Logistics Business Units, has signed a purchase agreement to acquire Exploris Deutschland Holding GmbH Hamburg, a European rail freight transportation company. This acquisition will make TX Logistik the second … Read the full press release
(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release
(IN BRIEF) Evonik’s climate targets have been scientifically verified and confirmed by the independent Science Based Targets initiative (SBTi), aligning with the Paris Agreement’s goal of limiting global warming. The company aims to reduce greenhouse gas emissions by 25% by … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Management, News
Tagged Climate, Evonik, global warming, SBTi, sustainability, Thomas Wessel
(IN BRIEF) Schroders plc has announced the appointment of Annette Thomas as an Independent Non-executive Director, effective from September 1, 2023. Annette has a distinguished career in leading global publishing and data analytics businesses, with expertise in information, data, education, … Read the full press release
(IN BRIEF) DNV, a global independent energy expert and assurance provider, has provided due diligence services to Actis GP LLP, a sustainable infrastructure investor, for their inaugural acquisition of a new Japan-focused renewables infrastructure fund. Actis acquired HERGO Japan Energy’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged acquisition, Actis, Brice Le Gallo, DNV, HERGO, Japan, Liam Smith, partnership, sustainability, Yukinobu Uchida
(IN BRIEF) Elogen, a company within the GTT group, has entered into a contract with Valmax Technology Corporation to design and manufacture a Proton Exchange Membrane (PEM) electrolyser with a power of 2.5 MW. The electrolyser will have a production … Read the full press release
(IN BRIEF) HELLENiQ ENERGY’s subsidiary, HELLENiQ Renewables, has signed a financing framework agreement of up to €766 million with National Bank of Greece S.A. and Eurobank S.A. The agreement aims to implement multiple financing arrangements for electricity generation from Renewable … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Eurobank, Greece, HELLENiQ ENERGY, HELLENiQ Renewables, Konstantinos Vassiliou, National Bank of Greece, partnership, renewable energy, sustainability, Vassilis Karamouzis
(IN BRIEF) Dr. Sariqa Wagley, a microbiologist at the University of Exeter, has been awarded a £676,580 NERC Independent Research Fellowship to investigate dormant bacteria causing cholera and gastroenteric outbreaks. The research will focus on Vibrio species, responsible for human … Read the full press release
(IN BRIEF) A new app developed by Arctic Basecamp, in collaboration with Earthrise Media, uses AI and ClimateTRACE data to reveal the impact of global carbon emissions on rapidly melting Arctic sea ice. The app allows users to input a … Read the full press release
Posted in Business, Education, Environment, Management, Media, News, Science, Technology, United Kingdom
Tagged AI, app, Arctic Basecamp, Arctic Sea Ice, carbon emissions, ClimateTRACE, Dr Zack Labe, Earthrise Media, environmental, Impact on Global Warming, Melting, partnership, Professor Gail Whiteman, Professor Julienne Stroeve, sustainabaility, University of Exeter
(IN BRIEF) CAF MiiRA, a leading supplier of comprehensive wheelset solutions for the railway industry, is collaborating with Euskotren, a prominent transportation operator in Euskadi, to reduce train noise by testing innovative wheel soundproofing systems. The goal is to minimize … Read the full press release
Posted in Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Spain, Technology, Transportation & Logistics, Travel
Tagged CAF, CAF MiiRA, Euskotren, INNOVATION, Julio Galipienzo, Luis Lasa, partnership, Pilar Rosado, Quiet Trains, Rail Travel Experience, sustainability, wheel soundproofing systems
(IN BRIEF) Anglo American plc has appointed John Heasley as Finance Director, effective by the end of 2023. Heasley currently serves as the Chief Financial Officer of The Weir Group PLC, a global engineering company. He will join Anglo American’s … Read the full press release
(IN BRIEF) Anglo American reported its interim financial results for the first half of 2023, showing a 41% decrease in underlying EBITDA, largely due to weaker product prices. Despite macro headwinds, the company is on track to achieve its full-year … Read the full press release
Posted in Business, Economy, Financial, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Anglo American, Duncan Wanblad, Financial
(IN BRIEF) VERBUND, an energy company, reported strong financial results for the first half of 2023, with a significant increase in EBITDA and Group result compared to the previous year. The improvement was attributed to falling wholesale gas and electricity … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Management, News
Tagged Financial, renewable energy, sustainability, VERBUND
(IN BRIEF) The European Investment Fund (EIF) and Banco Santander have signed an InvestEU portfolio guarantee agreement worth €200 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Spain and other EU countries. With this guarantee, Banco … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Banco Santander, digital innovations, EIF, InvestEU, Marjut Falkstedt, Paolo Gentiloni, partnership, small Mid-Caps, SMEs, Spain, sustainability
(IN BRIEF) AWAKE, a plasma accelerator at CERN, is gearing up for its second phase of data taking with an upgraded plasma source. The accelerator utilizes plasma wakefield acceleration, a novel method that accelerates particles by riding on waves created … Read the full press release
Posted in Business, Industrial, Management, News, Pharma & Biotech, Science, Switzerland
Tagged Alban Sublet, AWAKE Accelerator, CERN, Edda Gschwendtner, Plasma Source, plasma wakefield
(IN BRIEF) BNP Paribas has received approval from the European Central Bank for the second tranche of its 2023 share buyback program, totaling 2.5 billion euros. The first tranche of the program, also worth 2.5 billion euros, was launched in … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, News
Tagged BNP Paribas, Financial, Share Buyback Program
(IN BRIEF) AXA, the insurance company, has introduced a new internal service called AXA Secure GPT, which is built on Microsoft’s Azure OpenAI Service. Developed in collaboration with Microsoft, this service offers AXA employees access to a secure digital platform … Read the full press release
Posted in Business, Financial, France, Industrial, Insurance, Investment, Management, News, Security & Safety, Technology
Tagged AXA, AXA Secure GPT, data security, employee, INNOVATION, Internal Secure AI Platform, Microsoft, partnership
(IN BRIEF) BAE Systems Ordnance Systems Inc. is collaborating with Parsons Corporation to undertake the modernization of the Holston Army Ammunition Plant, as they seek to become the operating contractor until 2035. BAE Systems will bring its expertise in program … Read the full press release
(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, financial advisers, UK
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