Daily Archives: 12, October 2023

AXA Adopts New Accounting Standards for 9M22 Activity Indicators Reporting

(IN BRIEF) AXA has released its 9M22 activity indicators in accordance with the new accounting standards IFRS 17 and IFRS 9, which came into effect on January 1, 2023. These indicators include Gross Written Premiums & Other Revenues, New Business … Read the full press release

Vodafone Boosts Business Connectivity and Security with 5G Mobile Private Networks

(IN BRIEF) Vodafone is leveraging 5G Mobile Private Networks (MPN) to enhance connectivity, speed, reliability, and security for business customers. These networks are especially beneficial for the manufacturing industry, where connected machines, autonomous vehicles, and robots play a significant role. … Read the full press release

BASF Partners with Asahi Kasei’s ROICA Division to Produce Sustainable Stretch Fibers for Apparel

(IN BRIEF) BASF is supplying its biomass balanced tetrahydrofuran (THF BMB) to Asahi Kasei’s ROICA Division to produce sustainable stretch fibers under the ROICA™ brand. This collaboration aims to support the launch of a new sustainable apparel collection and achieve … Read the full press release

TotalEnergies Responds to Accusations Over Mozambique LNG Terrorist Attacks, Details Emergency Assistance Efforts

(IN BRIEF) TotalEnergies rejects accusations of “manslaughter and a failure to assist people in danger” during the 2021 terrorist attacks in northern Mozambique. The company outlines its emergency response, which included evacuating over 2,500 people from the Mozambique LNG project … Read the full press release

Intesa Sanpaolo’s ‘Italian Excellences 2023’ Highlights Italian Mid Corporates to International Investors in Paris

(IN BRIEF) The second edition of Intesa Sanpaolo’s “Italian Excellences 2023, Mid Corporate Conference” in Paris saw around 50 companies, primarily listed on the Euronext STAR Milan segment of Borsa Italiana, participating. The event, in collaboration with Borsa Italiana, attracted … Read the full press release

DNV Report: Energy Transition Slow to Replace Fossil Fuels, CO2 Emissions Peak Expected in 2024

(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release

Digitalization Reshapes Insurance: Balancing Efficiency Gains and Emerging Risks

(IN BRIEF) The insurance industry is leveraging digitalization to monitor, mitigate, and price risks more efficiently, leading to tailored insurance solutions and increased protection. Swiss Re’s report highlights the potential for 3-8% improvements in loss ratios and 10-20% savings in … Read the full press release

Saab Secures SEK 970 Million Order to Enhance CV90 Combat Vehicle’s Targeting Capabilities

(IN BRIEF) Saab has secured an order worth SEK 970 million from BAE Systems Hägglunds to provide sight- and fire control capability for the CV90 combat vehicle. The contract, spanning from 2023 to 2029, involves supplying this capability for CV90s … Read the full press release