Daily Archives: 20, November 2023

Safran’s Collins Aerospace Deal Challenged by Italian Regulatory Decision

(IN BRIEF) Safran’s planned acquisition of Collins Aerospace’s actuation and flight control business faces a regulatory challenge as the Italian government exercises its Golden Power to oppose the sale of Microtecnica S.r.l, the company holding the relevant assets in Italy, … Read the full press release

Safran Maintains Diversity in Board Composition After Director Elections

(IN BRIEF) Safran has completed its employee director elections, re-appointing Christèle DEBARENNE-FIEVET and welcoming Ivan HARDOUIN for a four-year term starting November 20, 2023. Christèle DEBARENNE-FIEVET will continue her role in the Appointments and Compensation Committee, focusing on compensation matters. … Read the full press release

World Children’s Day: H&M Move Collaborates with Sport Without Borders to Promote Youth Sports

(IN BRIEF) H&M Move and Sport Without Borders have partnered to empower young people through sports on World Children’s Day. This two-year collaboration will offer 2,500 young individuals in Sweden meaningful activities during physical education lessons, after-school programs, and school … Read the full press release

Infineon Expands CoolSiC MOSFET Module Families for Mid-Power Applications

(IN BRIEF) Infineon Technologies has announced the expansion of its CoolSiC 1200 V and 2000 V MOSFET module families with a new industry-standard package. This package, based on advanced M1H silicon carbide (SiC) MOSFET technology, enables the use of SiC … Read the full press release

Axis Communications Introduces Enhanced Object Analytics with Real-Time Occupancy and Crossline Counting

(IN BRIEF) Axis Communications has released an updated version of AXIS Object Analytics, which includes two new scenarios: “Occupancy in Area” and “Crossline Counting.” These scenarios allow for real-time object counting within designated areas and tracking of objects crossing virtual … Read the full press release

BESTSELLER and SOLshare Power Textile Factory in Bangladesh with Rooftop Solar System

(IN BRIEF) BESTSELLER, a fashion company, and its partner SOLshare have successfully installed the first rooftop solar system on a textile supplier’s factory in Bangladesh. This initiative is part of a broader effort to reduce the environmental impact of BESTSELLER’s … Read the full press release

Eviden Launches EcoDesignCloud: A Cloud-Based Platform for Assessing Product Environmental Impact

(IN BRIEF) Eviden, a business within the Atos Group, has introduced EcoDesignCloud, a cloud-based platform designed to help organizations enhance the sustainability of their product management and development processes. This platform leverages Artificial Intelligence (AI) algorithms to provide a comprehensive … Read the full press release

M&S and WUKA Lead Push for VAT Relief on Environmentally Friendly Period Pants

(IN BRIEF) Marks & Spencer (M&S) and WUKA have launched the “Say Pants to the Tax” campaign, seeking to exempt period pants from the current 20% Value Added Tax (VAT). The campaign, supported by various retailers, charities, politicians, and business … Read the full press release

Accenture Collaborates with Accor to Enhance Content Production for Personalized Guest Experiences

(IN BRIEF) Global hospitality group Accor has partnered with Accenture to boost its content production capabilities for more consistent and personalized marketing communications across its hotel brands. Accenture Song, Accenture’s tech-powered creative group, introduced the “Content Atelier,” a data-driven content … Read the full press release

Philips AI Platform Speeds Up Bone Fracture Diagnosis in Norway’s Healthcare System

(IN BRIEF) Philips’ AI-enabled clinical applications platform, in collaboration with Norwegian healthcare provider Vestre Viken Health Trust, is helping accelerate the diagnosis of bone fractures in Norway. The AI-based bone fracture radiology application deployed on Philips AI Manager streamlines the … Read the full press release

Eneco Proposes Green Hydrogen Production Plant in Rotterdam’s Europoort Industrial Area

(IN BRIEF) Eneco has filed a planning application for the construction of the ‘Eneco Electrolyzer,’ a green hydrogen production facility located in Rotterdam’s Europoort industrial district. Green hydrogen is generated using renewable energy, and Eneco is collaborating with Mitsubishi on … Read the full press release

ABP Increases Stake in Vesteda, Enabling Affordable Rental Housing Project in Rotterdam

(IN BRIEF) Public sector pension fund ABP has raised its stake in Vesteda to a maximum of 33%, facilitating Vesteda’s acquisition of the new-build Zuiderhof project in Rotterdam. The homes in this development will be prioritized for rental to candidates … Read the full press release

Construction Commences on Vesteda’s New Zuiderhof Complex in Rotterdam

(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release

Solvay Releases Supplement to Information Document for Planned Separation into SOLVAY and SYENSQO

(IN BRIEF) Solvay SA/NV has published a supplement to its information document, initially dated June 30, 2023, regarding its planned separation into two independent listed companies, SOLVAY and SYENSQO. This separation will occur through a partial demerger of Solvay. The … Read the full press release

Yara International and Northern Lights Sign Historic Agreement for Cross-Border CO2 Transport and Storage

(IN BRIEF) Yara International, a global ammonia player, has entered into a significant commercial agreement with Northern Lights, a CO2 transport and storage provider, to enable the cross-border transportation and storage of CO2. This collaboration aims to reduce Yara’s annual … Read the full press release

Newcastle University Hosts ‘Exploring Polar Environments’ Day to Inspire Young Scientists and Challenge Stereotypes in Polar Research

(IN BRIEF) Newcastle University is welcoming hundreds of schoolchildren for the ‘Exploring Polar Environments’ day, an initiative organized by polar scientists to educate students about polar science and the career prospects it offers. The event aims to challenge stereotypes surrounding … Read the full press release

Basilea’s Antifungal Drug Cresemba Surpasses Sales Threshold in Asia Pacific, Triggering $1.25 Million Milestone Payment

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company dedicated to addressing severe bacterial and fungal infections, has announced that its antifungal medication, Cresemba® (isavuconazole), has achieved robust sales performance in the Asia Pacific region and China through its licensing partner, … Read the full press release

Urban Agriculture Could Transform Glasgow’s ‘Food Deserts’ and Reduce Inequality, New Research Finds

(IN BRIEF) New research conducted by the University of Glasgow in collaboration with Florida State University, USA, suggests that adopting an innovative approach to urban agriculture could help Glasgow’s ‘food deserts’ become sources of healthy and affordable produce, ultimately reducing … Read the full press release

Suzano Taps ANDRITZ for Five-Year Modular Maintenance Deal for World’s Largest Eucalyptus Mill

(IN BRIEF) Brazilian pulp producer Suzano has entered into a five-year contract with international technology group ANDRITZ to provide modular maintenance services for its upcoming mill in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil. The maintenance agreement encompasses … Read the full press release