(IN BRIEF) The Federal Financial Supervisory Authority (BaFin) has issued a warning about the website swissalgo.org. BaFin’s investigation reveals that the operator of the website, known by various names including Swiss Algo and CentralKasse, is providing financial and investment services … Read the full press release
Posted in Financial, Germany, Government, Internet & Online, Investment, Law
Tagged BaFin, CentralKasse, emgprime, Swiss Algo, swissalgo.org, Unauthorized Financial Activities
(IN BRIEF) A global operation led by the US has successfully taken down the ‘Qakbot’ malware network that infected 700,000 computers and caused massive financial damage. Collaborating with countries like France, Germany, and the UK, the initiative disrupted cybercrime. Eurojust … Read the full press release
Posted in European Union, Government, Internet & Online, Netherlands, Security & Safety, Technology
Tagged botnet, cryptocurrency, Cybercrime, Eurojust, EUROPOL, malware, Pinkslipbot, Qakbot, Qbot, ransomware, seizure
(IN BRIEF) EMA proposes Comirnaty Omicron XBB.1.5 vaccine for ages 6 months+, tailored to combat Omicron XBB.1.5 variant. One dose suffices for ages 5+, while kids 6 months to 4 years may need 1 or 3 doses based on prior … Read the full press release
(IN BRIEF) Ronan Cassidy, Chief Human Resources and Corporate Officer of Shell plc, will step down from his position on December 31, 2023, and leave the company thereafter. Rachel Solway, currently Executive Vice President of Human Resources, Organization Development & … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, United Kingdom
Tagged appointment, leadership, Rachel Solway, Ronan Cassidy, Shell, Wael Sawan
(IN BRIEF) Logicor, a prominent logistics real estate developer, owner, and manager in Europe, has finalized the acquisition of a logistics greenfield development site in Lelystad, Netherlands. The site spans over 61,000 m2 and will host the construction of three … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Lotus Teknik Tekstil A.Ş. in Turkey to install the Metris All-In-One digitalization platform for their new WetlaceTM CP nonwovens production line. The integration of this platform is scheduled … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Ceyhun Zincirkiran, Lotus Teknik Tekstil, Metris All-In-One Platform, nonwovens production
(IN BRIEF) Daniele Parisi, an assistant professor at the ENTEG institute, is a partner in the ‘ReBond’ project, which has received EUR 3.9 million in funding from Horizon 2022 – MSCA – ITN. The project focuses on developing a universal … Read the full press release
(IN BRIEF) voestalpine AG’s Supervisory Board has made significant decisions regarding its Management Board, reappointing three existing members and introducing two new members. Herbert Eibensteiner will continue as Chairman of the Management Board for another five years, with Hubert Zajicek … Read the full press release
(IN BRIEF) RWE, a leading global offshore wind company, has secured a lease in the U.S. Department of the Interior’s first Gulf of Mexico offshore wind lease auction. The company won Lease Area OCS-G 37334 with a bid of $5.6 … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Auction, Gulf of Mexico, John Bel Edwards, Louisiana, Offshore wind, RWE, Sven Utermöhlen
(IN BRIEF) Bang & Olufsen and Ferrari have collaborated to create a collection that combines their iconic brands. The collaboration highlights the strengths of both companies – Bang & Olufsen’s excellence in aluminum craftsmanship and Ferrari’s renowned red color. The … Read the full press release
(IN BRIEF) Pairwise and Bayer have entered into a new five-year, multi-million Dollar collaboration focusing on gene-edited short-stature corn. Building on their initial partnership for corn, soy, wheat, cotton, and canola, this collaboration aims to optimize and enhance gene-edited short-stature … Read the full press release
Posted in Agriculture, Business, Environment, Germany, Industrial, Management, News, Pharma & Biotech
Tagged Bayer, Bob Reiter, Gene-Edited Short-Stature Corn, Pairwise, partnership, Smart Agriculture, sustainability, Tom Adams
(IN BRIEF) MAN Truck & Bus, a commercial vehicle manufacturer, has welcomed 528 new apprentices across twelve occupations at its three large German production sites in Munich, Nuremberg, and Salzgitter, along with German service workshops. Additionally, 30 dual students are … Read the full press release
(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, has inaugurated its first bogie centre in Astana, Kazakhstan. The centre will produce and maintain bogies for various railway vehicles throughout their lifecycle. Alstom invested over €15 million in … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, News, Transportation & Logistics
Tagged Alstom, Bogie Centre, Kanat Alpysbayev, Kazakhstan, railway
(IN BRIEF) Ericsson has been awarded the 2023 Google Cloud Industry Solution Technology Partner of the Year Award for Telecommunications. The recognition stems from Ericsson’s innovative integration of its 5G portfolio with Google Cloud technology. The collaboration between Ericsson and … Read the full press release
Posted in Awards, Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 2023 Partner Award, Awards, Ericsson, Google Cloud, INNOVATION, Kevin Ichhpurani, partnership, Ravi Vaidyanathan, Transformative Telecommunications
(IN BRIEF) Technology giants Ericsson, Amazon Web Services (AWS), and Hitachi America R&D have collaborated to showcase the transformative potential of existing 5G, artificial intelligence (AI), and automation solutions in manufacturing. A private 5G infrastructure trial was conducted at Hitachi … Read the full press release
(IN BRIEF) Google Cloud and The Estée Lauder Companies Inc. (ELC) are expanding their partnership to utilize generative AI for ELC’s brand sites, enhancing the luxury digital experience. Through this collaboration, ELC aims to understand consumer sentiment, improve R&D efforts, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, France, Industrial, Management, News, Technology
Tagged artificial intelligence, Atos, digital, Estée Lauder, Gibu Thomas, Google Cloud, partnership, Thomas Kurian, transformation
(IN BRIEF) Galp, an energy company, has invested $5 million in Verdagy, a US-based company developing scalable electrolysis technology for industrial applications. This technology aims to reduce costs and dependency on critical raw materials compared to current electrolysis methods. Galp’s … Read the full press release
(IN BRIEF) Tanja Cuppen, the Chief Risk Officer (CRO) of ABN AMRO Bank NV, will not be seeking another term after completing two terms in the role. Cuppen joined the bank in October 2017 as CRO and was reappointed in … Read the full press release
Posted in Banks, Business, Industrial, Management, Netherlands, News
Tagged ABN Amro, appointment, leadership, Robert Swaak, Tanja Cuppen
(IN BRIEF) NAGRA, a Kudelski Group subsidiary and a prominent provider of content protection and media solutions, has formed a partnership with 2G Digital Post, a Burbank-based post-production and localization services provider. The collaboration addresses the increasing demand for secure … Read the full press release
Posted in Business, Entertainment, Industrial, Management, Media, News, Security & Safety, Switzerland, Technology
Tagged 2G Digital Post, Allan McLennan, Kudelski Group, NAGRA, Nancy Goldberg, partnership, SECURITY
(IN BRIEF) Accenture has acquired ATI Solutions Group (ATI), a consulting service provider based in Perth that serves the mining, energy, and rail industries. The acquisition aims to enhance Accenture’s capabilities in Western Australia, where there’s a demand for specialized … Read the full press release
Posted in Business, Industrial, Ireland, Management, Marketing, News
Tagged Accenture, acquisition, ATI Solutions Group, Industry X, Matt Andrews, partnership, Perth, Pete Burns, Steven Walsh
(IN BRIEF) Electrolux Group, operating under its premium brand AEG, is unveiling its most resource-efficient appliances, the AEG EcoLine, at IFA 2023. These appliances, covering various categories, are designed to reduce climate impact while maintaining high performance. The selection includes … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Industrial, Management, Media, News, Sweden, Technology
Tagged AEG EcoLine, Alexander Dehmel, appliances, Berlin, Chris Braam, climate change, Electrolux, IFA 2023, sustainability
(IN BRIEF) Fondation Botnar is contributing an additional CHF 50 million to the University of Basel and ETH Zurich to expand the Botnar Research Centre for Child Health (BRCCH). This funding will facilitate the establishment of six new professorships focusing … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged Botnar Research Centre for Child Health (BRCCH), Child Health Research, ETH Zurich, Fondation Botnar, investment, partnership, pediatric digital health, Professor Christian Wolfrum, Professor Georg Holländer, Professor Torsten Schwede, Stefan Germann, University of Basel, wellness
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