Monthly Archives: November 2023

BASF and 3Helix Partner to Commercialize Innovative Anti-Aging Technology

(IN BRIEF) BASF, a global chemical company, has entered into an innovation partnership with 3Helix Inc., a U.S.-based technology start-up, to leverage 3Helix’s proprietary CHP (Collagen Hybrid Peptides) technology. This collaboration involves an equity investment and licensing agreement, granting BASF … Read the full press release

Deutsche Telekom’s Subsidiary Joins Aleph Zero’s Privacy-Enhancing Blockchain Network

(IN BRIEF) Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, has announced its participation in the Aleph Zero network as a validator. The subsidiary has established validator nodes on both the mainnet and testnet of Aleph Zero’s privacy-enhancing layer 1 blockchain. … Read the full press release

Deutsche Telekom Plans Dividend Increase and €2 Billion Share Buyback for 2024

(IN BRIEF) The Board of Management of Deutsche Telekom has announced its plans for shareholder remuneration in the upcoming year. The company intends to increase the dividend for the 2023 financial year to €0.77 per dividend-bearing share, up from €0.70 … Read the full press release

Deutsche Telekom and T-Mobile US Launch T Challenge for AI-Driven Network and Customer Experience Solutions

(IN BRIEF) Deutsche Telekom and T-Mobile US have announced the launch of the fourth edition of the T Challenge, an international competition focused on harnessing artificial intelligence (AI) to enhance network management and customer experiences. Participants are invited to submit … Read the full press release

Deutsche Telekom Launches Heartwarming Christmas Campaign Celebrating Genuine Connections

(IN BRIEF) Deutsche Telekom is set to kick off its international Christmas campaign, starting on November 4, with an advertisement titled “Questions that matter connect us more.” The ad revolves around a family’s Christmas gathering, highlighting the joy of reuniting … Read the full press release

Lombard, Rigby Capital, and SCC Collaborate to Tackle Electronic Waste and Promote Sustainable Tech Solutions

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) Lombard, the asset finance arm of NatWest Group, has joined forces with Rigby Capital and SCC to address the growing problem of electronic waste (e-waste). The collaboration aims to provide businesses with an end-to-end technology solution that improves … Read the full press release

Zurich Insurance Forms Strategic Alliance with Kotak Mahindra Bank in Indian Insurance Market

(IN BRIEF) Zurich Insurance Group has announced a significant strategic alliance with Kotak Mahindra Bank in India, with plans to acquire a 51% stake in Kotak Mahindra General Insurance Company for $488 million. This investment marks one of the largest … Read the full press release

Maersk Supply Service Implements Fleet Data IoT Platform for Battery Optimization and Emissions Reduction

(IN BRIEF) Maersk Supply Service, the offshore service provider, has adopted Inmarsat Maritime’s Fleet Data IoT platform to optimize the performance of its initial vessel battery installation on the Maersk Minder Offshore Supply Ship. This solution not only enables real-time … Read the full press release

Dassault Systèmes company Medidata Hosts NEXT New York 2023: A Premier Clinical Research Conference

(IN BRIEF) Medidata, a subsidiary of Dassault Systèmes, is hosting NEXT New York 2023, a major clinical research conference in New York City from November 7-8. This event will bring together over 700 leaders in the life sciences industry to … Read the full press release

MAHLE Powertrain Unveils State-of-the-Art Battery Development Center in Stuttgart, Germany

(IN BRIEF) MAHLE Powertrain, an engineering services provider, has inaugurated a cutting-edge battery development center in Stuttgart, Germany, dedicated to serving European clients. Spanning 1,300 square meters, the facility is equipped to handle all aspects of battery development, from initial … Read the full press release

Continental Introduces Sustainable Solutions and Certificates for Fleet Operators

(IN BRIEF) Continental is offering a comprehensive portfolio of solutions aimed at making fleet operations more efficient and sustainable. Fleet operators can select from a modular range of solutions, including ContiLifeCycle and ContiConnect digital tire management, as part of the … Read the full press release

TotalEnergies Extends Partnership with Oman LNG, Commits to GHG Emission Reduction

(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release

Alfa Laval Establishes New Business Unit for Hydrogen Technologies and Invests in Innovation Center

(IN BRIEF) Alfa Laval, a global leader in heat transfer, centrifugal separation, and fluid handling, is launching a new business unit called “Business Unit Electrolyzer and Fuel Cell Technologies” to capitalize on opportunities in the hydrogen sector. Over the past … Read the full press release

Henkel Introduces Bio-Based Adhesives for Sustainable Timber Construction, Reducing CO2 Emissions by Over 60%

(IN BRIEF) Henkel Engineered Wood, a leading supplier of certified adhesives for load-bearing mass timber, has launched two new bio-based adhesive solutions, Loctite HB S ECO and Loctite CR 821 ECO, designed for sustainable timber construction. These innovative adhesives, developed … Read the full press release

ING Group Announces €2.5 Billion Share Buyback Program for CET1 Ratio Optimization

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

(IN BRIEF) ING Group has initiated a €2.5 billion share buyback program to enhance its Common Equity Tier 1 (CET1) ratio. The move follows ING’s aim to converge its CET1 ratio toward a target of approximately 12.5%, as announced earlier … Read the full press release

Heidelberg Materials Reports Strong Financial Results, Expands Sustainability Efforts, and Announces Board Changes

(IN BRIEF) Heidelberg Materials, a global leader in building materials, has reported a 6.0% increase in revenue to €16,083 million for the first nine months of 2023, despite a decline in sales volumes due to a global economic downturn. The … Read the full press release

Kapsch TrafficCom’s Upgraded WIM Solution Achieves Accuracy Milestone on Austrian Highways

(IN BRIEF) Kapsch, a leading transportation solutions provider, has developed advanced Weigh in Motion (WIM) systems to address the challenges posed by overweight and overloaded vehicles on roads. These systems accurately measure axle and total weights, detect weight categories and … Read the full press release

Schneider Electric Completes Acquisition of Climate Consulting Leader EcoAct to Boost Net Zero Solutions

(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has successfully finalized its acquisition of EcoAct SAS, an international leader in climate consulting and net-zero solutions based in Paris, France. This strategic move brings together two top-tier … Read the full press release

DNV Supports KREDO Offshore in Offshore Wind Measurement Project for South Korean Green Energy

(IN BRIEF) DNV, a leading energy expert and assurance provider, is collaborating with KREDO Offshore, a Korean renewable energy developer, to advance offshore wind farm projects in South Korea. DNV is overseeing the deployment and monitoring of seven Floating Lidar … Read the full press release

Swiss Financial Institutions Launch Groundbreaking Pilot for Tokenized Central Bank Money

(IN BRIEF) SIX, the Swiss National Bank (SNB), and six commercial banks are embarking on a pioneering pilot project called Helvetia Phase III, aimed at exploring the use of tokenized central bank money (wCBDC) for financial institutions. This initiative marks … Read the full press release