(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
(IN BRIEF) Siemens and BayWa AG have joined forces in a pilot project to advance CO2-optimized industrial production. The partnership combines Sigreen, Siemens’ emissions management software, with BayWa Carbon Connect, BayWa’s software for emissions offsetting. The collaboration aims to provide … Read the full press release
Posted in Environment, Germany, Industrial, Internet & Online, Technology
Tagged BayWa AG, BayWa Carbon Connect, CO2-optimized industrial production, collaboration, digital technologies, Dr. Gunter Beitinger, emissions management, emissions offsetting, Estainium Association, net zero goals, offsetting carbon emissions, Siemens, Sigreen, Steffen Winkler, Sven Quartier
(IN BRIEF) Leadec, a global service specialist for factories, has established a new company in Saint-Barthélemy-d’Anjou, Western France. The company has rented a factory building of over 12,000 m2 to create a packaging handling center for a commercial vehicle manufacturer. … Read the full press release
(IN BRIEF) The UK Department for Energy Security and Net Zero has released new statistics showing that renewables generated a record-breaking amount of electricity in 2022, surpassing fossil fuels for the second consecutive year. Renewable sources accounted for 41.5% of … Read the full press release
Posted in Energy, Gas & Oil, Environment, United Kingdom
Tagged clean power, Dan McGrail, electricity, fossil fuels, Offshore wind, renewables, RenewableUK
(IN BRIEF) Leading telecommunications companies SK Telecom, Deutsche Telekom, e&, and Singtel have joined forces to create the Global Telco AI Alliance. The alliance aims to leverage AI technology to enhance customer experiences and revolutionize global citizens’ lives. The telcos … Read the full press release
(IN BRIEF) A recent survey conducted in Northumberland, north-east England, revealed surprising results about attitudes towards wind power. Contrary to popular belief, three-quarters of respondents living near wind turbines supported onshore wind farms and wished to see further growth in … Read the full press release
(IN BRIEF) Vodacom has introduced eSIM support for all smartphone plans, enabling customers in South Africa to benefit from the convenience and flexibility of eSIM technology. With eSIMs, users can easily connect to the Vodacom network and have multiple eSIMs … Read the full press release
Posted in Business, Environment, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged connectivity, Davide Tacchino, eco-friendly, eSIM, Rishaad Tayob, South Africa, sustainability, Vodacom, Vodafone Group
(IN BRIEF) Telekom is launching its initiative “Against hate on the Net” with a new spot on the International Action Day for Victims of Hate Crime. The spot urges people to take action against hate speech on the internet by … Read the full press release
Posted in Business, Education, Germany, Internet & Online, Management, News, Society, Technology, Telecom
Tagged 'Against Hate on the Net', campaign, Combat Hate Speech, Deutsche Telekom, Dr. Christian Hahn, International Action Day for Victims of Hate Crime, Marike Mehlmann-Tripp, Promote Digital Solidarity, society
(IN BRIEF) BAE Systems, a leader in heavy-duty electric propulsion, will provide up to 541 Gen3 electric power and propulsion systems for the Toronto Transit Commission’s (TTC) new battery-electric bus fleet. The Gen3 technology builds on BAE Systems’ proven components … Read the full press release
(IN BRIEF) MSC’s subsidiary MEDWAY Belgium NV has placed an order for 15 Vectron MS locomotives from Siemens Mobility. The locomotives will be used for cross-border freight transport in Europe and to supplement container transport in serving the eastern hinterland … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Transportation & Logistics
Tagged Albrecht Neumann, Antwerp, locomotives, MEDWAY Belgium, MSC, rail fleet, Salvatore Prudente, Siemens, Siemens Mobility, Vectron
(IN BRIEF) Enel S.p.A. has entered into an agreement with Macquarie Asset Management to sell 50% of its renewable subsidiary in Greece, Enel Green Power Hellas (EGPH), for approximately 345 million euros. Upon closing the transaction, Enel Green Power S.p.A. … Read the full press release
(IN BRIEF) Eni, through its subsidiary Enivibes, and SLB (Schlumberger) have formed an alliance to deploy e-vpms® (Eni Vibroacoustic Pipeline Monitoring System), an innovative technology developed by Eni. The e-vpms® system utilizes vibroacoustic wave detection to provide real-time analysis, monitoring, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy, Management, News, Technology
Tagged e-vpms, Eni, Enivibes, monitoring, partnership, pipeline, safety, SLB, technology
(IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Audi, CHINA, e-mobility, He Xiaopeng, Jürgen Rittersberger, partnerships, Ralf Brandstätter, SAIC, Stefan Mecha, Volkswagen, Xpeng, Zu Sijie
(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release
(IN BRIEF) Albania has announced the results of its first utility-scale bidder-selected site auction for onshore wind, part of the country’s third renewable energy auction. Three bidders, Total Eren, Guris, and Verbund, have been awarded a total capacity of 222.48 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Albania, Auction, EBRD, Ekaterina Solovova, Gianpiero Nacci, Guris, onshore wind, renewable energy, Swiss State Secretariat for Economic Affairs (SECO), Total Eren, VERBUND
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with KredoBank, a subsidiary of PKO Bank Polski, to support food security and critical industries in wartime Ukraine. The EBRD provides a €25 million guarantee facility … Read the full press release
Posted in Banks, Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, News, United Kingdom
Tagged Andrzej Kopyrski, Critical Industries, EBRD, food security, Francis Malige, Jerzy Jacek Szugajew, KredoBank, partnership, PKO Bank Polski, SMEs, UKRAINE
(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged 'Peace Highway', Aleksandar Vučić, EBRD, EIB, Emanuele Giaufret, European Union, Lilyana Pavlova, Merdare, Niš, partnership, SERBIA, Serbian government, Ursula von der Leyen
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