Monthly Archives: November 2023

Generative AI Threatens White Collar Jobs More Than Blue Collar Jobs, Finds Pearson Research

(IN BRIEF) Pearson, a leading learning company, has conducted research revealing that white collar jobs are more vulnerable to the impact of generative AI (Artificial Intelligence) than blue collar jobs. The study focused on over 5,000 jobs across five countries … Read the full press release

Basque Railway Network Takes Leap Towards European Standard Train Protection System with Thales

(IN BRIEF) Thales has secured a significant contract with Euskal Trenbide Sarea (ETS-RFV) to install the first ERTMS Level 1 automatic train protection system on the Basque Euskadi network. This project, with a budget exceeding 13 million Euros, marks the … Read the full press release

Skanska and Syltern JV Awarded NOK 1.3 Billion Contract for E6 Highway in Norway

(IN BRIEF) Skanska, in collaboration with Syltern, has secured a contract with Nye Veier to construct the new E6 highway segment between Berkåk and Vindåsliene in Trøndelag County, Norway. Skanska’s portion of the contract is valued at NOK 1.3 billion, … Read the full press release

Partners Naviris and SIGEN Strengthen Naval Capabilities with Electronic Warfare System Modernization

(IN BRIEF) Naviris and SIGEN, a consortium of Elettronica and Thales, have signed a sub-contract for the modernization of the Electronic Warfare (EW) system as part of the Mid-Life Upgrade (MLU) of the Horizon-class naval units serving the Italian and … Read the full press release

Groupe Casino Expands Stake in Cnova to 98.8% with Acquisition from GPA

(IN BRIEF) Groupe Casino has announced the acquisition of CBD Luxembourg Holding from GPA, indirectly holding a 34.0% share of Cnova’s capital. This transaction will raise Casino’s ownership of Cnova, both directly and through wholly-owned subsidiaries, to 98.8%. The purchase … Read the full press release

AFRY Chosen to Conduct Environmental and Social Impact Assessments for Indonesia’s 500MW Solar PV Projects

(IN BRIEF) PT PLN Indonesia Power, a subsidiary of Indonesia’s state-owned electricity company PT PLN, has enlisted AFRY to perform Environmental and Social Impact Assessments (ESIAs) for five large solar photovoltaic (PV) projects situated on Java Island. These projects play … Read the full press release

Dupixent Shows Remarkable Efficacy in Reducing COPD Exacerbations in Second Phase 3 Trial

(IN BRIEF) In a significant development, the second investigational Phase 3 trial of Dupixent® (dupilumab) for chronic obstructive pulmonary disease (COPD), known as NOTUS, has demonstrated promising results. The trial found that Dupixent reduced COPD exacerbations by 34% compared to … Read the full press release

New Research Challenges Perception of Ultra-Processed Foods’ Palatability, Highlights Human Food Preferences

(IN BRIEF) A recent study led by the University of Bristol’s Nutrition and Behaviour Group has questioned the assumption that ultra-processed foods (UPFs) are inherently more appealing than less processed alternatives. The research, involving 224 adult volunteers, compared taste perceptions … Read the full press release

AVL-Backed AI-Driven Model Extends Electric Car Battery Lifespan, Aligning with UN’s Minimum Shelf Life Proposal

(IN BRIEF) Researchers from AVL and the Institute of Automotive Technology at the Technical University of Munich (TUM) have developed a cutting-edge predictive model utilizing federated learning and artificial intelligence (AI) to determine the remaining useful life of electric vehicle … Read the full press release

Philips Unveils Mobile MRI System with Helium-Free Operations for Enhanced Patient-Centric Care at #RSNA23

(IN BRIEF) Royal Philips has introduced the world’s first mobile MRI system with helium-free operations, known as BlueSeal MR Mobile, at #RSNA23, the prominent medical imaging conference. This groundbreaking technology offers flexible and agile MRI services, allowing placement in more … Read the full press release

Philips Unveils Cutting-Edge Healthcare Innovations at #RSNA23 Focused on Enhancing Patient Care and Efficiency

(IN BRIEF) Royal Philips, a global leader in health technology, has showcased its commitment to improving patient care and healthcare providers’ efficiency at #RSNA23, the world’s largest medical imaging conference. Recognizing the challenges faced by radiologists and healthcare staff, with … Read the full press release

Accenture Strengthens New Zealand Presence with Solnet Acquisition, Bolstering Cloud and Tech Expertise

(IN BRIEF) Accenture, a global technology services and consulting firm, has successfully completed its acquisition of Solnet, an IT services provider renowned for its technology consulting services to both the New Zealand government and private sector. This strategic move enhances … Read the full press release

Swedbank Robur Launches Two Climate-Focused Funds to Finance Sustainable Projects

(IN BRIEF) Swedbank Robur has expanded its climate strategy by introducing two new funds, Climate Bond and Climate Bond High Yield, which will finance projects and company operations aligned with the UN’s climate goals. These funds are classified as Article … Read the full press release

Infineon Unveils Advanced Payment and ID Solutions at TRUSTECH 2023

(IN BRIEF) Infineon Technologies AG will showcase its latest developments in payment and identification solutions at TRUSTECH 2023. The company will introduce TEGRION SLC26G, a security controller designed for demanding identity and government ID applications. It offers high levels of … Read the full press release

JLR’s Data Engineering Conversion Program Generates £430 Million in Value, Wins Google Customer Award for Manufacturing

(IN BRIEF) Jaguar Land Rover (JLR) has reported that its Data Engineering Conversion Training Programme, initiated in 2021, has contributed over £430 million in value to the business in the past year. The program has trained dozens of data engineers … Read the full press release

McLaren Racing Extends Partnership with Mercedes-Benz for Power Units in Formula One Until 2030

(IN BRIEF) McLaren Racing and Mercedes-Benz have announced the continuation of their partnership in Formula One, with McLaren set to use Mercedes-AMG power units from 2026 to 2030. This partnership extension marks the 26th year of collaboration between the two … Read the full press release

Orange Launches ‘Max it’ Super-App in Africa, Bringing Telecom, Financial, and E-commerce Services to Millions

(IN BRIEF) Orange, a telecommunications company, is introducing its “Max it” super-app in Africa, combining telecommunications, financial services, and e-commerce to serve the daily needs of users. Initially launching in five African countries, Max it simplifies the digital experience by … Read the full press release

Scania Implements Mandatory Green Purchasing Requirements to Drive Supply Chain Decarbonization

(IN BRIEF) Scania, a leader in the transportation industry, has announced a significant step in its commitment to sustainability by making its supply chain decarbonization target mandatory for purchasing requirements. The company aims to transform its supply chain by targeting … Read the full press release

Unique Fusion of Science and Music Sells Out Arlington Baths Club in Glasgow

(IN BRIEF) The “Swimming with Gravitational Waves” event, held at Glasgow’s Arlington Baths Club, achieved a sold-out success as all 180 tickets for the unique fusion of science and music were purchased in advance. Organized in collaboration with physicists from … Read the full press release

HackaTUM 2023: Students Innovate Solutions for Practical Problems in Eighth Annual Hackathon

(IN BRIEF) The eighth edition of the annual “hackaTUM” hackathon, organized by the TUM School of Computation, Information, and Technology (CIT), recently took place, drawing participation from students across 75 universities spanning three continents. With a focus on addressing practical … Read the full press release

Thales to Equip French Navy’s New Offshore Patrol Vessels with Advanced Sensor Suite

(IN BRIEF) Thales has secured a contract to provide the French Navy with state-of-the-art sensor technology for its upcoming offshore patrol vessels (OPVs). The suite, comprising Bluewatcher sonar, NS50 radar, and an IFF identification system, will enhance the OPVs’ operational … Read the full press release

Berlin’s SCALE Office Complex Welcomes BASF Services Europe’s Modern Workspace

(IN BRIEF) BASF Services Europe GmbH has opened a new service Hub in Berlin, occupying 15,000 square meters across eight floors in the SCALE office complex in the Prenzlauer Berg district. This hub will serve approximately 2,800 employees, providing business … Read the full press release

Vienna Stock Exchange’s “Wiener Börse Punsch” Supports Education Initiative with Generous Donation

(IN BRIEF) Vienna’s annual “Wiener Börse Punsch” event, a long-standing tradition for the Austrian financial community, continued its charitable tradition by supporting the “START-Stipendien” education and integration initiative. The event, in its 21st edition, saw over 600 guests gather at … Read the full press release

Planning Consultancy Savills Expands Brighton Office Due to Increased Demand

(IN BRIEF) Savills Planning, a planning and development consultancy firm, has expanded its Brighton office to accommodate its growing team and services. The company opened its Brighton office in 2019 and has since outgrown its previous space. The team, now … Read the full press release

Renewable Energy Boost: Neste Secures Solar Power Supply for Porvoo Operations

(IN BRIEF) Neste, a global renewable fuels and sustainable solutions leader, has signed an important solar power purchase agreement with CPC Finland Oy. This deal will provide solar power to Neste’s Porvoo refinery in Finland, starting in spring 2024. The … Read the full press release

Sports Brand PUMA Chooses Maersk’s Rijeka Facility for Faster Deliveries

(IN BRIEF) Maersk has welcomed sports brand PUMA as its second customer at its warehouse near Rijeka, Croatia, which became operational in July 2023. PUMA’s first shipments were efficiently handled at the modern 12,000 sqm warehouse, located close to the … Read the full press release

DNV, Siemens Energy, and Industry Leaders Launch Joint Project to Enhance Sustainability of Power Transformers

(IN BRIEF) DNV, in partnership with Siemens Energy and major industry players, has initiated a Joint Industry Project (JIP) aimed at improving the sustainability, reliability, and environmental responsibility of power transformers, critical components of the energy infrastructure. The project responds … Read the full press release

Infineon-Led PROGRESSUS Project Achieves Breakthroughs in Green Energy Management and EV Charging Infrastructure

(IN BRIEF) Infineon Technologies AG, in collaboration with 22 project partners, has successfully concluded the PROGRESSUS research project, focusing on efficient energy conversion, intelligent electricity management, and secure network monitoring. With support from the Electronic Components and Systems for European … Read the full press release

SAE International Adopts MAHLE’s Positioning System as Global Standard for Wireless EV Charging

(IN BRIEF) MAHLE, a leading automotive technology company, has developed a groundbreaking positioning system, known as the Differential Inductive Positioning System (DIPS), for wireless charging of electric vehicles (EVs). This innovative technology automatically aligns an EV precisely above the charging … Read the full press release

EBRD Invests €20 Million in Bank Pekao’s Debut Green Eurobond Issuance to Support Sustainable Finance in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has committed €20 million to participate in the debut Eurobonds issued by Bank Polska Kasa Opieki, commonly known as Bank Pekao, as part of its €500 million public placement of … Read the full press release

EBRD Lends €200 Million to Naftogaz for Strategic Gas Reserves, Bolstering Ukraine’s Energy Security Amidst Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release

EBRD and Clean Technology Fund Partner with ING Türkiye to Boost Green Investments and Women-Led SMEs with €100 Million Financing Package

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are joining forces to provide a €100 million financing package to ING Türkiye and ING Leasing in Türkiye, aiming to support green investments and … Read the full press release

ENGIE’s North American Subsidiary Chooses Vestas Turbines for 270 MW Wind Project

(IN BRIEF) Vestas has secured a 270 MW order to supply 60 V163-4.5 MW wind turbines for an undisclosed wind project owned by an ENGIE North America subsidiary in the USA. The order includes turbine supply, delivery, and commissioning, along … Read the full press release

Plenitude and Saipem Collaborate to Install 1 MWp Solar System, Advancing Energy Efficiency and Sustainability Goals

(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release

Vodafone Foundation and University of Patras Collaborate to Map and Protect Vital Posidonia Seagrass Meadows

(IN BRIEF) Vodafone Foundation Greece, in partnership with the Oceanus Lab at the University of Patras, has initiated the Vodafone Posidonia program to map and safeguard the crucial Posidonia seagrass meadows off the Greek coast. These underwater meadows, often referred … Read the full press release

AFRY Advocates Collaborative Efforts for Ukraine’s Reconstruction at ReBuild Ukraine Conference

(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release

Vodafone, Ericsson, and Qualcomm Successfully Test RedCap Technology, Paving the Way for Efficient IoT Devices on 5G Networks

(IN BRIEF) Vodafone, Ericsson, and Qualcomm Technologies have achieved a successful test of RedCap, a new radio and chipset technology designed to enable the connection of numerous low-cost, energy-efficient devices to high-speed 5G networks. RedCap is a software enhancement that … Read the full press release

Ericsson Issues €500 Million Green Bond to Advance Energy Efficiency

(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release

ANDRITZ to Equip Ebensee Pumped Storage Plant, Advancing Green Energy Goals

(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release

Beyond EPICA Project’s Third Ice Core Drilling Season Begins in Antarctica

(IN BRIEF) The Beyond EPICA 23/24 team has initiated the third drilling season at Little Dome C in Antarctica, located near the Concordia Station. This international research project, led by the Institute of Polar Sciences of the National Research Council … Read the full press release