Daily Archives: 21, November 2023

Mercedes-Benz Ranks Seventh Among Most Valuable Global Brands in 2023

(IN BRIEF) Mercedes-Benz has strengthened its position as the world’s most valuable luxury automobile brand, moving up to the seventh spot in the “Best Global Brands 2023” ranking. The brand’s value has increased by nine percent, highlighting its consistent transformation … Read the full press release

Barclays Appoints JB Patois as Head of Equity Derivatives for Asia Pacific

(IN BRIEF) Barclays has announced the appointment of Jean-Baptiste (JB) Patois as the Head of Equity Derivatives ex-Strategic Derivatives, Asia Pacific, based in Hong Kong. In this role, Mr. Patois will lead the Exotics and Flow Derivatives teams. He will … Read the full press release

Equinor Announces Second Quarter 2023 Dividend Payouts

(IN BRIEF) Equinor ASA has disclosed the dividend payouts for the second quarter of 2023. The company will distribute an ordinary cash dividend of USD 0.30 per share and an extraordinary cash dividend of USD 0.60 per share. The NOK … Read the full press release

ING Completes €2.5 Billion Share Buyback Program Milestone

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has provided an update on its €2.5 billion share buyback program, announcing that it repurchased 22,842,425 shares during the week of November 13, 2023, through November 17, 2023. These shares were acquired at an average price of … Read the full press release

ZF Unveils Innovative Mobility Solutions at ‘Next Generation Mobility Days’ in Shanghai

(IN BRIEF) ZF, the technology company, showcased its cutting-edge technology portfolio to over 600 representatives from around 40 Chinese automobile manufacturers during its “Next Generation Mobility Days” event in Shanghai. The event featured driving demonstrations and technical discussions, where customers … Read the full press release

SIX Introduces AI-Powered Tool to Enhance Corporate Actions Data Retrieval

(IN BRIEF) SIX, a global financial information provider, has launched SIX Bot, an automated software application that provides financial professionals with access to corporate actions data. This tool allows users to ask questions about corporate actions events, delivering real-time information … Read the full press release

Vivendi Becomes Global Leader in Publishing and Travel Retail with Lagardère Merger

(IN BRIEF) Vivendi has successfully completed a major transaction with the Lagardère group, solidifying its position as a global leader in culture, media, and entertainment. This strategic move enhances Vivendi’s presence in publishing, travel retail, and experiences, while also providing … Read the full press release

TITSA Secures One of Spain’s Largest Hybrid Bus Fleets in Collaboration with Scania

(IN BRIEF) Canary Islands-based public transportation company, Transportes Interurbanos de Tenerife S.A.U. (TITSA), has placed a substantial order for hybrid buses with Scania, adding to its existing Scania fleet. The order consists of 231 buses, including 173 hybrid units, making … Read the full press release

TotalEnergies Supports Transporters’ Transition to Electric Mobility with Tailored Charging Services

(IN BRIEF) TotalEnergies has launched an innovative in-depot electric truck charging service at the SOLUTRANS trade show. This service is designed to facilitate the transition to electric mobility for transport companies by providing customized charging infrastructure. It includes efficient charge … Read the full press release

Metso Secures EUR 10 Million Order for Tankhouse Material Handling Solution from Freeport-McMoRan’s El Paso Electrorefinery

(IN BRIEF) Freeport-McMoRan has awarded a significant order to Metso for the delivery of a state-of-the-art tankhouse material handling solution to its El Paso electrorefinery in Texas, USA. The order, valued at over EUR 10 million, has been booked in … Read the full press release

Kapsch TrafficCom Plans Capital Increase to Strengthen Equity Base

(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release

DNV to Provide Extensive Inspection Services for East Anglia Three Offshore Wind Farm Project

(IN BRIEF) DNV has entered into an agreement to provide a wide range of inspection services for the East Anglia Three offshore wind project, which is set to become the world’s second-largest wind farm upon its operation in 2026. The … Read the full press release

ORLEN Group’s PGNiG Upstream Norway Expands Natural Gas Operations with KUFPEC Norway Acquisition

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release

AFRY Strengthens Nuclear Safety Expertise with Acquisition of Hungarian Firms SOM System Kft. and TTSA Mérnökiroda Kft.

(IN BRIEF) Swedish engineering and consulting company AFRY has made a strategic move to acquire Hungarian nuclear safety consulting firms SOM System Kft. and TTSA Mérnökiroda Kft., collectively known as SOM. The acquisition enhances AFRY’s capabilities in the nuclear sector, … Read the full press release

Vodafone Receives PwC Award for Third Consecutive Year in Cyber Reporting Excellence

(IN BRIEF) Vodafone has won the FTSE350 Cyber Reporting category in PwC’s Building Public Trust Awards for the third year in a row. The awards recognize companies and charities that excel in providing transparent and insightful reporting on sustainability and … Read the full press release

EBRD Report Explores Global Economic Transformation’s Impact on Individuals

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has released a report titled “Transitions big and small,” examining how the profound structural changes in the global economy are affecting people’s lives, livelihoods, and living conditions in EBRD regions. … Read the full press release

UK Centre for Veterinary Vaccine Innovation and Manufacturing (CVIM) Achieves Key Milestones in Inaugural Year

(IN BRIEF) In its first year of operation, the UK Centre for Veterinary Vaccine Innovation and Manufacturing (CVIM) has accomplished several significant milestones in its mission to bridge the gap between scientific discoveries and solutions for pressing infectious diseases, particularly … Read the full press release

BBSRC to Revamp Doctoral Provision, Aligning with UKRI’s Collective Talent Funding Model

(IN BRIEF) The Biotechnology and Biological Sciences Research Council (BBSRC) is set to restructure its doctoral provision, effective from 2024, as part of its commitment to ensuring access to top-notch doctoral training. This strategic move aligns with BBSRC’s 2022-2025 delivery … Read the full press release

Immersal and Burst Forge Partnership to Revolutionize Location-Based Augmented Reality Experiences

(IN BRIEF) Immersal, a subsidiary of Hexagon, has unveiled a strategic collaboration with Burst, a pioneer in cutting-edge virtual reality fan experiences. This partnership represents a major advancement in location-based augmented reality (AR) encounters for global conference, concert, and event … Read the full press release

AstraZeneca Launches Evinova: Pioneering Digital Health Solutions for Global Healthcare Advancement

(IN BRIEF) AstraZeneca has introduced Evinova, a groundbreaking venture poised to become a leader in digital health solutions, catering to the needs of healthcare professionals, regulators, and patients. Backed by AstraZeneca and strategically collaborating with Parexel and Fortrea, Evinova is … Read the full press release