Daily Archives: 7, September 2023

Nordic Investment Bank’s USD 1 Billion Benchmark Bond Attracts Strong Demand

(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a USD 1 billion two-year global benchmark bond on September 6th. The issuance saw strong demand, with final orders reaching USD 2.5 billion, allowing NIB to price the bond at … Read the full press release

SIX’s BME Clearing Greenlit for Digital Asset Derivatives Trading in Europe

(IN BRIEF) BME Clearing, a Spanish central counterparty (CCP) and part of the SIX Group, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to clear Bitcoin and Ethereum futures denominated in USD under EU regulations. … Read the full press release

SGL Carbon Commits to Nurturing Young Talent: Welcomes 32 New Apprentices

(IN BRIEF) SGL Carbon welcomes 32 new apprentices across multiple sites, reaffirming their commitment to nurturing young talent. In Meitingen, 13 apprentices will train in various fields, including industrial mechanics and process mechanics, while Brembo SGL Carbon Ceramic Brakes trains … Read the full press release

ORLEN Group Expands Gas Production in Norway, Boosting Poland’s Energy Security

(IN BRIEF) The ORLEN Group is strengthening its presence in Norway and preparing to launch production from the Tommeliten Alpha field, which will yield an additional 0.5 billion cubic meters of natural gas annually. This is part of a series … Read the full press release

Rheinmetall to Showcase Advanced Military Technologies at DSEI 2023

(IN BRIEF) Rheinmetall is set to showcase a wide range of products, systems, and activities for the digitalized battlefields of the future at DSEI 2023. This includes the Boxer MIV, Challenger 3 upgrade program, Caracal airmobile vehicle platform, Lynx KF41, … Read the full press release

Laborie to Acquire Urotronic, Expanding Its Medical Technology Portfolio

(IN BRIEF) Laborie, a subsidiary of Patricia Industries, is set to acquire the remaining 91 percent of Urotronic, a US medical technology company known for its OptilumeTM device for treating benign prostatic hyperplasia (BPH). In 2020, Laborie entered a strategic … Read the full press release

Alfa Laval’s OceanGlide Chosen for Retrofit on Kumiai Navigation’s LPG Tanker for Sustainability Gains

(IN BRIEF) Alfa Laval OceanGlide’s fluidic air lubrication system has been selected for installation on a 54k DWT LPG tanker owned by Kumiai Navigation. The decision to retrofit OceanGlide is part of Kumiai Navigation’s sustainability efforts, aiming to reduce energy … Read the full press release

Trust in AI Essential for Advancing Energy Transition, DNV Report Finds

(IN BRIEF) A DNV report highlights that trust in artificial intelligence (AI) is a crucial factor in its effective use for accelerating the energy transition. While AI is being utilized in the energy sector, companies remain cautious due to new … Read the full press release

DNV Grants Approvals to Hanwha Ocean for Innovative LCO2 Carrier and URN Measurement

(IN BRIEF) DNV has awarded Hanwha Ocean an Approval in Principle (AiP) and an Approval of Service Suppliers (AOSS) for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater radiated noise (URN) measurement system. The LCO2 … Read the full press release

DNV and Pacific Carriers Limited Strengthen Collaboration for Sustainable Shipping and ESG Initiatives

(IN BRIEF) DNV has signed a Memorandum of Understanding (MoU) with Pacific Carriers Limited (PCL) to collaborate on sustainable vessel designs, decarbonization strategies, and ESG initiatives. This renewed partnership focuses on environmental, social, and governance (ESG) considerations and aligns with … Read the full press release

GTT Receives ABS Approvals and Partners with DHT Holdings Inc. on LNG-Fueled Tanker Projects

(IN BRIEF) GTT has received three Approvals in Principle (AiPs) from the American Bureau of Shipping (ABS) and entered into a Joint Development Project (JDP) with ABS and crude oil tanker company DHT Holdings Inc. These AiPs cover the concept … Read the full press release

Arkema Marks Milestones With 25th Anniversary of Changshu Site and 10th Anniversary of R&D Center

(IN BRIEF) Arkema celebrated the 25th anniversary of its Changshu Site and the 10th anniversary of the Changshu R&D Center. Changshu Site is one of Arkema’s largest industrial platforms globally and integrates production, R&D, and shared services, contributing to the … Read the full press release

Castrol Partners with MIT to Test Lubricants for Lunar Surface Robotic Swarm

(IN BRIEF) Castrol has partnered with the Massachusetts Institute of Technology’s Media Lab to support the AstroAnt Payload Program. AstroAnts are miniature robots designed to perform inspections and diagnostic tasks on the surfaces of spacecraft, rovers, and landers. Castrol will … Read the full press release

Equinor Expands Renewable Portfolio in Poland with Acquisition of Wilko Wind Farm

(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release

ING Unveils ‘Make it your job’ Campaign Spotlighting Employee Impact and Purpose

(IN BRIEF) ING is launching a new employer branding campaign called ‘Make it your job’ to highlight the positive impact its employees have on customers, the planet, and the financial system. The campaign emphasizes the bank’s employee value proposition, offering … Read the full press release

NatWest Group Appoints Richard Haythornthwaite as New Chair, Succeeding Sir Howard Davies

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) Richard Haythornthwaite, known as Rick, is set to succeed Sir Howard Davies as the Chair of NatWest Group plc, pending regulatory approval. Rick will join the board as an independent non-executive director on January 8, 2024, and take … Read the full press release

Vodafone and Ericsson Trial 5G Standalone Network for Enhanced Mobile Gaming Experience

(IN BRIEF) Vodafone and Ericsson conducted a live network trial at Coventry University to assess the impact of a 5G Standalone network on mobile gaming. The trial involved gamers playing cloud-based games on smartphones under two connectivity scenarios: on the … Read the full press release

T-Systems Data Center in Biere Receives European Code of Conduct Award for Energy Efficiency

(IN BRIEF) The European Commission has honored the T-Systems data center in Biere, near Magdeburg, with the European Code of Conduct Award. Among 120 companies considered, the award recognizes data centers that have significantly reduced their energy consumption. The assessment … Read the full press release

T-Mobile US Announces $19 Billion Shareholder Return Program and Dividend Increase Plans

(IN BRIEF) T-Mobile US has announced a second phase of its shareholder return program, allocating up to $19 billion for the period from Q4 2023 to the end of 2024. This program includes quarterly dividends totaling approximately $3.75 billion, beginning … Read the full press release

BAE Systems’ Next-Gen Vehicle Management Computer Boosts F-35 Aircraft Mission Capabilities

(IN BRIEF) BAE Systems has successfully flight tested its next-generation Vehicle Management Computer (VMC) on the F-35 Lightning II aircraft. This technology upgrade will enhance computer performance and address obsolescence issues across all three F-35 variants. The VMC’s advanced control … Read the full press release

Global Green Bond Initiative and Inter-American Development Bank Partner to Boost Green Bonds in Latin America and the Caribbean

(IN BRIEF) A coalition of development finance institutions and multilateral organizations, known as the Global Green Bond Initiative (GGBI), has partnered with the Inter-American Development Bank (IDB) and IDB Invest to collaborate on promoting green bond markets in Latin America … Read the full press release

Homes England Seeks Development Partner for DeHavilland Park: A Promising Solution to Hertfordshire’s Housing Needs

(IN BRIEF) Homes England, the government’s housebuilding accelerator, is seeking a preferred development partner for a 135-acre site at the former Panshanger Aerodrome in Hertfordshire, now known as DeHavilland Park. The site has been granted permission for 860 residential properties, … Read the full press release

Neste Appoints Members to Shareholders’ Nomination Board for Key Governance Decisions

(IN BRIEF) Neste has appointed members to its Shareholders’ Nomination Board, including representatives from key stakeholders. The Nomination Board plays a crucial role in proposing potential Board members and determining Board remuneration and size for the Annual General Meeting. The … Read the full press release