Daily Archives: 9, August 2023

Bosch Introduces Digital Keys for eBike Theft Protection with Kiox Displays

(IN BRIEF) Bosch eBike Systems is enhancing its digital theft protection for eBikes with a new update to the eBike Flow app. The update enables eBikers to use the Kiox 300 and Kiox 500 displays as keys to unlock their … Read the full press release

Barclays Urges Tech Giants to Combat Growing Scams on Platforms

(IN BRIEF) A new study from Barclays reveals that 76% of UK citizens feel unsafe on social media platforms due to scams, with 87% of scams originating on tech platforms. Scams have risen by 24% in the past quarter, led … Read the full press release

Goldman Sachs Executive Irfan Hussain to Lead LSEG’s Technology Transformation

(IN BRIEF) Irfan Hussain, currently Chief Operating & Strategy Officer for Engineering at Goldman Sachs, is set to become the Chief Information Officer (CIO) at London Stock Exchange Group (LSEG) starting January 2024. Based in New York, Irfan will lead … Read the full press release

Novartis Reports Positive Phase III Outcomes for Novel Chronic Spontaneous Urticaria Drug

TOP-LINE DATA FROM REMIX-1 AND REMIX-2 STUDIES DEMONSTRATE SIGNIFICANT SYMPTOM IMPROVEMENT (IN BRIEF) Novartis has unveiled promising results from Phase III trials for remibrutinib, a potent Bruton’s tyrosine kinase (BTK) inhibitor, targeting chronic spontaneous urticaria (CSU). The REMIX-1 and REMIX-2 … Read the full press release

Towards-Zero Stainless Steel: Outokumpu, thyssenkrupp, and Purem Drive Green Transformation in Auto Sector

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, is partnering with thyssenkrupp Materials Processing Europe and Purem by Eberspaecher to drive emissions reduction in the automotive sector. Together, they are developing towards-zero stainless steel under the Circle Green initiative, … Read the full press release

Unlocking Feline Personalities: University of Helsinki’s Study Offers Insight into Cat Behaviors and Traits

(IN BRIEF) Researchers at the University of Helsinki have conducted extensive research into the personality traits and behaviors of cats, shedding light on various factors that impact the well-being of both cats and their owners. The research led to changes … Read the full press release

New Inhalable RNA Drug Shows Promise in Curbing Severe Lung Inflammation

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed an inhalable RNA-based drug that targets macrophages, overactive immune cells often responsible for lung damage in diseases like Covid-19. The drug, RCS-21, inhibits the activity of microRNA 21, … Read the full press release

Novo Nordisk’s SELECT Trial Shows Semaglutide 2.4 mg Cuts Cardiovascular Risk in Overweight and Obese Adults

(IN BRIEF) Novo Nordisk, a global healthcare company, has reported the headline findings from the SELECT cardiovascular outcomes trial. This double-blinded study assessed the impact of subcutaneous once-weekly semaglutide 2.4 mg in comparison to placebo as an adjunct to standard … Read the full press release

Italy and Tunisia Move Closer to Europe-Africa Electricity Connection with €307 Million Loan Agreement

(IN BRIEF) Terna, the Italian electricity grid operator, and Steg, the Tunisian electricity and gas operator, have signed a Grant Agreement with the European Commission for a €307 million loan to support the “Elmed” project. This initiative aims to establish … Read the full press release

UniCredit Advances Share Buy-Back Plan with Additional Purchases

(IN BRIEF) UniCredit S.p.A. has provided an update on its share buy-back program, which was initiated on 30 June 2023 following authorization from the Shareholders’ Meeting held on 31 March 2023. As part of the Second Tranche of the Buy-Back … Read the full press release

Evonik Collaborates with Röhm to Supply Catalyst for Groundbreaking MMA Plant

(IN BRIEF) Evonik, a leader in specialty chemicals, has entered into an agreement with Röhm to produce a custom catalyst for Röhm’s new methyl methacrylate (MMA) production facility in Bay City, Texas. The plant, using Röhm’s LiMA (Leading in Methacrylates) … Read the full press release

Villaggio Turistico Internazionale, a popular resort in northern Italy, partnered with Vodafone to strengthen its cybersecurity defenses

(IN BRIEF) Villaggio Turistico Internazionale, a popular resort in northern Italy, has partnered with Vodafone to strengthen its cybersecurity defenses. The resort, which hosts up to 3,500 visitors daily, sought a unified solution to protect its infrastructure, personal data, and … Read the full press release

Live Entertainment and Summer Spending Boost UK Hospitality & Leisure Sector

(IN BRIEF) Consumer card spending in the UK grew by 4.0% YoY in July, driven by the hospitality and leisure sector as Brits spent more on getaways, dining out, and entertainment like concert tickets. Spending on supermarkets grew at a … Read the full press release

Barclays Strengthens Sustainable Project Finance Leadership with New Global Head

(IN BRIEF) Barclays has appointed James Edmonds as the Global Head of Sustainable Project Finance within its Corporate and Investment Bank. Based in New York, Edmonds will collaborate across the organization to offer project financing solutions that aid clients in … Read the full press release

European Semiconductor Giants Collaborate to Develop European Manufacturing Hub

(IN BRIEF) TSMC, Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors N.V. have announced their joint investment in the European Semiconductor Manufacturing Company (ESMC) GmbH, situated in Dresden, Germany. The project aims to establish a 300 mm fab to … Read the full press release

ING Advances Share Buyback Scheme as Repurchases Reach Over 16%

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has reported the continuation of its share buyback program, repurchasing 1,536,085 shares at an average price of €13.23 during the week of July 31 to August 4, 2023. The total number of shares repurchased under the program … Read the full press release

Norwegian Government Greenlights Snøhvit Future Project: Focus on Electrification and Sustainable Gas Production

(IN BRIEF) The Norwegian government has given the go-ahead to the Snøhvit Future project, with certain conditions. This initiative focuses on onshore compression starting in 2028 and plant electrification from 2030. The decision aims to enhance Norway’s position as a … Read the full press release

The Dutch Research Council (NWO): KIC Funds Three Projects for Accelerating Mission-Driven Innovation through Collaborative Research

(IN BRIEF) The Knowledge and Innovation Covenant (KIC) has awarded funding to three projects under the ‘Collaboration in mission-driven innovation’ call. These projects involve interdisciplinary consortia of knowledge institutions, private entities, and public partners. The research aims to explore ways … Read the full press release

Savills Enhances Heritage and Townscape Team with Dual Senior Consultants

(IN BRIEF) Savills has announced the addition of Trystan Lever and Harry Smith as senior consultants to its expanding Heritage and Townscape team. With diverse backgrounds in both commercial and local government sectors, Trystan and Harry will be based in … Read the full press release

René Janssen, a professor at TU/e, Receives ERC Advanced Grant for High-Efficiency Perovskite Solar Cell Research

(IN BRIEF) René Janssen, a professor in the Departments of Chemical Engineering and Chemistry and Applied Physics at Eindhoven University of Technology (TU/e), has been granted a prestigious ERC Advanced Grant of three million euros for his innovative research on … Read the full press release

Solar Farms Linked to Reduced Bat Activity, Highlighting Conservation Concerns

(IN BRIEF) A recent study has discovered that the activity of six bat species significantly diminishes in proximity to solar farm sites. This research, published in the Journal of Applied Ecology, holds implications for shaping planning legislation and policies that … Read the full press release

Ancient Marine Reptile’s Fossil Unveils Ancient Use of Whale-Like Filter Feeding

(IN BRIEF) Recent fossil discovery in China sheds light on a remarkable aspect of prehistoric marine life – the use of whale-like filter feeding by a group of reptiles over 250 million years ago. Researchers from China and the UK … Read the full press release

Ericsson and MediaTek Collaborate on RedCap for Enhanced 5G Standalone Performance

(IN BRIEF) Ericsson and MediaTek have collaborated to exhibit the capabilities of the Reduced Capability (RedCap) solution in the realm of 5G Standalone technology. This partnership involved successful interoperability testing (IoDT) in Sweden, where the RedCap data was tested alongside … Read the full press release

Telkomsel and Ericsson Renew Partnership to Boost 4G/5G Networks Across Indonesia

(IN BRIEF) Telkomsel and Ericsson have announced the renewal of their partnership to enhance and expand their existing 4G/5G network coverage in Indonesia. This collaboration will involve deploying Ericsson’s energy-efficient 5G Radio Access Network (RAN) products and solutions in various … Read the full press release