Monthly Archives: August 2023

Vårgrønn and Energia Group Join Forces to Develop 1.8 GW Offshore Wind Projects in Ireland

(IN BRIEF) Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, has partnered with Energia Group to co-develop offshore wind projects in Ireland. The partnership aims to deliver a total capacity of up to 1.8 GW by … Read the full press release

UK Business Confidence Declines in July Amid Economic Uncertainty and Rising Interest Rate Worries

(IN BRIEF) Business confidence in the UK fell by six points to 31% in July, mainly due to lower economic optimism, reaching a five-month low. Rising interest rates have become a major concern for businesses, and the retail sector showed … Read the full press release

Lloyds Bank Warns Football Fans of Soaring Online Ticket Scams Ahead of Premier League Season

(IN BRIEF) Lloyds Bank warns football fans about the rising threat of online ticket scams as the new English Premier League season approaches. Reported fraud cases related to football ticket purchases more than doubled last season, with victims losing an … Read the full press release

HSBC and Tradeshift Form Joint Venture to Develop Embedded Finance Solutions and Fintech Apps

(IN BRIEF) HSBC and B2B fintech Tradeshift have announced a partnership to establish a jointly-owned business focused on developing embedded finance solutions and financial services apps. HSBC will invest $35 million in Tradeshift and join its board. The joint venture … Read the full press release

EBRD Launches Youth in Business Programme in Albania, Aims to Empower Young Entrepreneurs for Financial Inclusion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching its Youth in Business Programme in Albania, aimed at supporting young entrepreneurs’ financial inclusion. The program will provide a €1 million loan to Union Bank for lending to … Read the full press release

Egyptian DISOUCO Venture Attains Zero Routine Flaring, Led by Wintershall Dea and EGAS

(IN BRIEF) Wintershall Dea, in partnership with the Egyptian Natural Gas Holding Company (EGAS), has achieved zero routine flaring at the DISOUCO Joint Venture in Egypt, becoming the first company in the country to do so. This accomplishment is part … Read the full press release

Loughborough University Student Lauren Cox Wins Bronze at Swimming World Championships

(IN BRIEF) Loughborough University student Lauren Cox made history by winning a bronze medal in the Women’s 50m Backstroke at the Swimming World Championships in Fukuoka, Japan. She became the first British woman in seven years to medal individually at … Read the full press release

Loughborough University’s Impressive Contingent Ready for World Athletics Championships

(IN BRIEF) Loughborough University will be well-represented at the upcoming World Athletics Championships in Budapest, with a significant number of current students and alumni set to compete. The university’s athletes will participate in various events, including the 800m, pole vault, … Read the full press release

GBL Boosts Shareholder Returns with EUR 130 Million Buyback Program

(IN BRIEF) Groupe Bruxelles Lambert (GBL) announces an enhanced shareholder return plan through an accelerated share buyback program. Having executed 26% of its initial EUR 500 million share buyback, GBL will reinstate the program with an additional EUR 130 million, … Read the full press release

Green Excellence: UEA Campus Receives Seventh Consecutive Green Flag Award

(IN BRIEF) The University of East Anglia (UEA) has been awarded the prestigious Green Flag award for the seventh consecutive year, recognizing its outstanding green spaces and environmental standards. The UEA campus, covering 360 acres, includes various habitats and hosts … Read the full press release

Webuild Group’s Swiss Subsidiary Wins Record-Breaking Highway Maintenance Project in Ticino

(IN BRIEF) CSC Costruzioni, the Swiss subsidiary of the Webuild Group, along with its consortium partners, has been awarded a €157 million highway maintenance contract in the Canton of Ticino, Switzerland. The contract is part of the “USTRA EP 28 … Read the full press release

University of York and FSB Launch Research Project to Empower Female Entrepreneurs

(IN BRIEF) The University of York and the Federation of Small Businesses (FSB) have initiated a research project aimed at understanding the impact of female business owners and entrepreneurs on the regional and national economy. The study will examine the … Read the full press release

University of York Researchers Call for Urgent Reform of UK Benefits System

(IN BRIEF) Researchers at the University of York, in collaboration with parents and carers, are urging the UK government to reform the benefits system. Latest research by Changing Realities and the Institute for Public Policy Research (IPPR) reveals that over … Read the full press release

YorVoice, Equitable Tech Lab, and NHS Healthcare Projects Receive Funding from Sparks

(IN BRIEF) The University of York’s Sparks initiative has provided funding for three research projects. The YorVoice project focuses on voice research to understand individual vocal differences and improve technology, healthcare, and creative expression. The York Equitable Technology Lab aims … Read the full press release

Game-Changing ‘Heart Plaster’ Among Top Contenders for BHF’s Research Story of the Year

(IN BRIEF) A University of Bristol researcher, Massimo Caputo, has been shortlisted for the British Heart Foundation’s Research Story of the Year award for developing a groundbreaking ‘heart plaster.’ The mesenchymal cell patch can repair abnormalities in children with congenital … Read the full press release

Continental’s UltraContact NXT: Leading the Way in Sustainable Tire Manufacturing

(IN BRIEF) Continental has commenced production of its most sustainable series tire, the UltraContact NXT, in Portugal. The summer tire incorporates up to 65 percent renewable, recycled, and certified materials, while maintaining excellent safety and performance. It contains bio-based silica … Read the full press release

BioNTech Solidifies AI Advancements with InstaDeep Acquisition

(IN BRIEF) BioNTech SE has completed the acquisition of InstaDeep Ltd., a prominent AI and ML technology company. The acquisition is part of BioNTech’s strategy to enhance AI-driven drug discovery and develop advanced immunotherapies and vaccines for diseases with significant … Read the full press release

Nicola Leske Named Executive VP of Group Communications & Sustainability at DHL Group

(IN BRIEF) Nicola Leske has been appointed as the new Executive Vice President of Group Communications & Sustainability at DHL Group, starting from August 1, 2023. With over 20 years of experience in communications, Leske previously served as Managing Partner … Read the full press release

BASF and Huntsman to Separate Joint MDI Production in China to Enhance Operations and Serve Growing Customer Demand

(IN BRIEF) BASF and Huntsman, along with their Chinese partner companies, announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC). Going forward, they will operate two MDI plants at the site … Read the full press release