Daily Archives: 14, September 2023

TotalEnergies Launches Development Studies for Major Offshore Oil Project in Suriname

(IN BRIEF) TotalEnergies has initiated development studies for a major offshore oil project in Block 58, offshore Suriname. This follows the successful appraisal of the Sapakara South and Krabdagu oil discoveries, confirming a combined resource estimate of approximately 700 million … Read the full press release

Nutreco Appoints Claudio Cervellati as Chief Supply Chain Officer

(IN BRIEF) Nutreco has appointed Claudio Cervellati to the newly created role of Chief Supply Chain Officer (CSCO) and as a member of Nutreco’s Management Board. Claudio, who joined Nutreco in December 2022, has extensive experience in senior leadership roles … Read the full press release

Alpha Group to Acquire 85% Stake in ING-Nurtured Fintech Cobase

(IN BRIEF) The Alpha Group, based in the UK, has announced its intention to acquire an 85% stake in Cobase, a fintech company nurtured by ING that provides a platform for corporates to manage their banking relationships, accounts, and transactions … Read the full press release

Bosch Focuses on Training and Technology to Address Labor Shortages and Aging Society

(IN BRIEF) Bosch is addressing the challenges posed by an aging society and labor shortages by focusing on training and upskilling, as well as leveraging intelligent technology to make work easier for employees. In 2022, the company provided over 30,000 … Read the full press release

Zurich Resilience Solutions and KPMG Switzerland Collaborate to Address Climate Change Risks

(IN BRIEF) Zurich Resilience Solutions, a unit of Zurich Insurance Group, and KPMG Switzerland have formed a strategic collaboration to provide advisory services addressing both physical and transition risks associated with climate change. This offering, initially available in Switzerland, will … Read the full press release

Zurich Insurance Group Appoints Dirk De Nil as Global Head of Zurich Resilience Solutions

(IN BRIEF) Zurich Insurance Group has announced the appointment of Dirk De Nil as the Global Head of Zurich Resilience Solutions, effective from October 1, 2023. De Nil, currently the CEO of Zurich Benelux and Nordics, will succeed Hanno Mijer, … Read the full press release

DHL Group Marks 15th Anniversary of Global Volunteer Day, Encouraging Employee Engagement

(IN BRIEF) DHL Group is celebrating the 15th anniversary of its Global Volunteer Day (GVD) initiative, which encourages employees worldwide to participate in non-profit projects in their local communities. Since its inception in 2008, GVD has seen 1.3 million DHL … Read the full press release

BASF Agricultural Solutions Hosts Global Farmers’ Delegation at UN Headquarters

(IN BRIEF) BASF Agricultural Solutions organized an event called “United for the Biggest Job on Earth” at the United Nations headquarters to bring together a global delegation of farmers from Europe and the United States. The event aimed to address … Read the full press release

Deutsche Telekom Launches “Campus Network Smart” in Collaboration with Microsoft

(IN BRIEF) Deutsche Telekom has introduced its “Campus Network Smart” solution, offering private 5G networks (5G campus networks) in collaboration with Microsoft. This cloud-based, pay-as-you-grow model aims to provide reliable, secure, and multi-site capable private networks for industrial use in … Read the full press release

Aviva Sells Stake in Singapore Life Holdings to Sumitomo Life for £0.8 Billion

(IN BRIEF) Aviva has agreed to sell its 25.9% stake in Singapore Life Holdings, along with two debt instruments, to Sumitomo Life Insurance for a total of £0.8 billion in cash. Sumitomo Life, already a 23.2% shareholder in Singlife, views … Read the full press release

Aviva Launches Sustainable Business Coach to Help Brokers Embrace Sustainability

(IN BRIEF) Aviva has introduced the Sustainable Business Coach, a digital tool aimed at assisting brokers in understanding their businesses’ environmental and societal impact. Developed in collaboration with non-profit organization Future-Fit and digital coaching firm Life Moments, the tool guides … Read the full press release

Siemens Report Highlights Divisions in Global Infrastructure Transition Progress

(IN BRIEF) Siemens Smart Infrastructure has published its “Siemens Infrastructure Transition Monitor 2023” report, revealing varying opinions and progress regarding the global infrastructure transition toward decarbonization and resource efficiency. The report, based on a survey of 1,400 senior executives across … Read the full press release

Siemens and Siemens Healthineers Donate €1 Million for Earthquake and Flood Victims in Morocco and Libya

(IN BRIEF) Siemens AG and Siemens Healthineers have jointly pledged €1 million in immediate assistance to aid earthquake and flood victims in Morocco and Libya. The companies have also encouraged their employees to contribute to the relief efforts, with every … Read the full press release

Siemens Unveils Innovative CNC Sinumerik One at EMO 2023

(IN BRIEF) Siemens has introduced its “Digital Native” CNC Sinumerik One at this year’s EMO event, expanding its product and service offerings. The Sinumerik One, part of Siemens’ new CNC generation, brings various software and hardware innovations to the market. … Read the full press release

Insurance Industry Urged to Focus on Climate Resilience and Adaptation

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Nicola Ranger, Leader of the Resilience and International Development Program at the Environmental Change Institute, and Sibylle Steimen, Managing Director of Advisory & Services at Allianz Re, advocate for increased attention to climate resilience and adaptation. They emphasize … Read the full press release

OSCE Conducts Workshop to Combat Illicit Trafficking of Cultural Property in Croatia

(IN BRIEF) The OSCE Transnational Threats Department organized an interactive workshop in Pula, Croatia, from September 11 to 15 as part of its ongoing program to combat the illicit trafficking of cultural property. The training course brought together law enforcement, … Read the full press release

EIB and Deutsche Bank Collaborate to Support Sustainable Transformation of Mid-Sized Companies

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Bank are partnering to provide long-term loans to mid-sized companies with 250 to 3,000 employees to facilitate their transition to more sustainable business models. The EIB will offer guarantees covering up … Read the full press release

European Investment Bank Provides €15 Million Loan to CrowdFarming for Sustainable Agricultural Innovation

(IN BRIEF) The European Investment Bank (EIB) has signed a €15 million venture debt loan agreement with CrowdFarming, an online platform connecting European farmers directly with consumers. Supported by the InvestEU program, this financing will enable CrowdFarming to enhance its … Read the full press release

Francesco Starace Appointed Chair of Science-Based Target Initiative’s Board of Trustees

(IN BRIEF) EQT, a purpose-driven global investment organization, extends its congratulations to Francesco Starace, a Partner in the EQT Infrastructure Advisory Team, on his appointment as the Chair of the Science Based Target Initiative’s inaugural Board of Trustees. Francesco Starace … Read the full press release

Shocking Study Reveals Rampant Sexual Misconduct in UK Surgical Workforce

(IN BRIEF) A groundbreaking study titled ‘Breaking the Silence: Addressing Sexual Misconduct in Healthcare’ has exposed widespread sexual misconduct among colleagues in the UK surgical workforce, shedding light on sexual harassment, assault, and even rape incidents within the last five … Read the full press release

Newcastle University Academic’s Insights Illuminate Belsay Hall’s Greek Revival Origins

(IN BRIEF) Dr. Susanna Phillippo, a Senior Lecturer in Classics at Newcastle University, has collaborated with English Heritage on a comprehensive interpretative resource aimed at providing visitors to Belsay Hall, Castle, and Gardens with insights into the historical and architectural … Read the full press release

Vestas Secures 243 MW Order for RWE Clean Energy Wind Project in the USA

(IN BRIEF) Vestas has been awarded a 243 MW contract to supply 54 V163-4.5 MW wind turbines for an undisclosed wind project owned by RWE Clean Energy, LLC, in the USA. The order encompasses turbine supply, delivery, and commissioning, along … Read the full press release