(IN BRIEF) The Free and Hanseatic City of Hamburg, Germany, has partnered with Hexagon’s Safety, Infrastructure & Geospatial division to modernize its emergency dispatch operations and analysis for both the fire and police departments. This initiative is part of Hamburg’s … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Andreas Czerwinski, Emergency Dispatch Operations, Hamburg, Hexagon, HxGN OnCall Solutions, Maximilian Weber, partnership, sustainability
(IN BRIEF) Barry Callebaut, a leading cocoa and chocolate products manufacturer, has appointed Amr Arafa as its Chief Digital Officer (CDO) to spearhead the company’s commitment to becoming an agile and tech-enabled organization. In this newly created role, Arafa will … Read the full press release
Posted in Agriculture, Business, Industrial, Management, News, Switzerland
Tagged Amr Arafa, appointment, Barry Callebaut, Chief Digital Officer, leadership, Peter Feld
(IN BRIEF) ING has announced that it repurchased 20,917,201 shares during the week of November 6, 2023, through November 10, 2023, as part of its €2.5 billion share buyback program unveiled on November 2, 2023. The shares were acquired at … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares
(IN BRIEF) Ørsted, a global leader in renewable energy, has announced the departure of two members of its executive management team: Daniel Lerup, Chief Financial Officer (CFO), and Richard Hunter, Chief Operating Officer (COO), by mutual agreement. This decision is … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Management, News
Tagged Andrew Brown, appointment, CFO, COO, Daniel Lerup, leadership, Mads Nipper, Olivia Breese, Rasmus Errboe, Richard Hunter, Ørsted
(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is actively investigating the development of new biogas plant complexes in various regions. Currently, the construction of potential new plant complexes is under consideration in the Kokkola-Pietarsaari, Nivala-Haapavesi, … Read the full press release
(IN BRIEF) Empa researcher David Reber is on a mission to improve the energy density of water-based flow batteries, making them more suitable for storing renewable energy in urban environments. Flow batteries, unlike traditional lithium-ion batteries, store energy in liquid … Read the full press release
(IN BRIEF) Tanzanian leatherworkers from the Bulawayo Leather Cluster showcased their craftsmanship and commitment to business development at the 2023 BIO Africa Convention, a premier event for innovation and scientific advancement in Africa. The Bulawayo Leather Cluster, supported by Solidaridad’s … Read the full press release
(IN BRIEF) Scania and SSAB, two leading companies in the transportation and steel industries, have signed a letter of intent to eliminate carbon emissions from all steel deliveries from SSAB to Scania’s heavy-duty vehicles by 2030. This ambitious goal includes … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Christian Levin, decarbonization, fossil-free steel, heavy duty vehicles, Martin Lindqvist, partnership, Scania, SSAB, Steel Deliveries, sustainability
(IN BRIEF) The offshore wind sector is experiencing significant turbulence, potentially reshaping the landscape of large-scale energy projects and their financing in the future, according to the latest EY Renewable Energy Country Attractiveness Index (RECAI). Over the past year, offshore … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from Krones AG, Germany, to provide six ADuro S shredders for a polypropylene (PP) recycling plant in the Southeast United States. These shredders, set to be operational in 2024, offer … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged ADuro S shredders, Andritz, Germany, Krones AG, partnership, Polypropylene Recycling, shredders, sustainability, Thomas Gemeiner, USA
(IN BRIEF) DHL Express has unveiled its expanded Central Asia Hub (CAH) in Hong Kong, marking its largest infrastructure investment in the Asia Pacific region to date, totaling EUR 562 million. The CAH is one of three global hubs connecting … Read the full press release
(IN BRIEF) The European Network for Cyber Security (ENCS) welcomes Floene as its newest member, focused on enhancing cyber defenses in Europe’s energy sector. Floene manages Portugal’s largest gas distribution network and boasts modern infrastructure for renewable gas distribution, including … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Internet & Online, Netherlands, Portugal, Security & Safety, Technology
Tagged Anjos Nijk, biomethane, cyber defenses, Cybersecurity, ENCS, ENERGY, Floene, gas distribution network, gas infrastructure, hydrogen, PORTUGAL, renewable gases, The European Network for Cyber Security, Wagner Castro
(IN BRIEF) The UK Ministry of Defence (MOD) has placed a £20 million order with BAE Systems for the supply of small arms munitions over the next two years. These munitions include 5.56mm and 7.62mm rounds, and they will be … Read the full press release
Posted in Business, Defence, Government, Industrial, Technology, United Kingdom
Tagged Ammunition, BAE Systems, Glynn Plant, Grant Shapps, JOBS, MOD, Radway Green, small arms munitions, The UK Ministry of Defence, UK munitions
(IN BRIEF) Amey, a provider of facilities management services and project solutions for the public estate, has assisted its client in achieving a 30% reduction in carbon emissions across its Avon and Somerset Courts contract. The reduction not only aligns … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Amey, Avon, Bristol Magistrates, carbon reduction, David O’Shaughnessy, North Somerset Courthouse, partnership, Queensway House, Somerset Courts, sustainability
(IN BRIEF) Amundi and Indosuez Wealth Management have jointly invested in AirFund, a digital platform designed to connect asset management firms and distributors of Private Markets funds with retail investors. This €6 million financing round marks a significant step in … Read the full press release
Posted in Business, Financial, France, Investment, Management, Technology
Tagged AIRFUND, Amundi, CACEIS, Fund Channel, Indosuez Wealth Management, PRIVATE ASSET FUNDS, Private Markets funds, retail investors
(IN BRIEF) Arnaud Lagardère, Chairman and CEO of Hachette Livre, has announced the appointment of Stéphanie Ferran as Deputy CEO of the Hachette Livre group, effective immediately. In her new role, Ferran will support Hachette Livre’s ambitions in the publishing … Read the full press release
Posted in Business, France, Industrial, Management, News, Retail, Travel
Tagged appointment, Arnaud Lagardère, Deputy CEO, Hachette Livre, Lagardère SA, leadership, Stéphanie Ferran
(IN BRIEF) Continental, a leading technology company, is showcasing its extensive product and service portfolio tailored to the agricultural sector at Agritechnica 2023. Under the theme “Our Smart Farming. For your harvest of tomorrow,” Continental presents a range of sustainable … Read the full press release
Posted in Agriculture, Automotive, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged Agritechnica 2023, Christian Kötz, Continental, innovative, Philip Nelles, Sustainable Smart Farming
(IN BRIEF) Mercedes-Benz has reached a significant safety milestone with over 10 million of its passenger cars worldwide equipped with Active Brake Assist, which includes pedestrian detection. This system helps reduce the risk of collisions with vehicles, pedestrians, and cyclists … Read the full press release
Posted in Automotive, Germany, Security & Safety, Technology, Transportation & Logistics
Tagged Active Brake Assist, autonomous partial braking, BAS, BAS PLUS Brake Assist, Brake Assist System, DISTRONIC PLUS, driving assistance system, E-Class, Mercedes-Benz, passenger cars, pedestrian detection, pedestrian emergency braking system, PRE-SAFE® Brake, real-life safety
(IN BRIEF) Continental, a leading automotive technology company, has unveiled a series of measures aimed at strengthening the competitiveness of its Automotive sector. The company plans to simplify and streamline its business and administrative structures, targeting an annual cost reduction … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Automotive Sector, competitiveness, Continental, Philipp von Hirschheydt, Streamlining Measures
(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland
Tagged acquisition, CANADA, Canadian steelmaking coal, cobalt, copper, Elk Valley Resources, Elkview Operations, EVR, Fording River, Gary Nagle, Glencore, Glencore plc, Greenhills, Greenhills joint venture, Line Creek, Mines, Neptune Terminals, nickel, Nippon Steel Corporation, North Vancouver, NSC, oal mines, POSCO, Southeast British Columbia, steelmaking coal, steelmaking coal business, Teck, Teck Resources Limited, zinc
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