Daily Archives: 6, December 2023

University of Exeter to Lead €9.75 Million Research Project Addressing Inequality and Discrimination in Europe

(IN BRIEF) Professor Susan Banducci from the University of Exeter will lead the Infra4NextGen research project, funded by the European Commission with €9.75 million over four years, to address inequality, racism, and xenophobia in Europe. The research aims to support … Read the full press release

University of Exeter Ranks 30th Globally in QS Sustainability Rankings 2024, Acknowledging Commitment to ESG Challenges

(IN BRIEF) The University of Exeter has achieved a global ranking of 30th in the QS Sustainability Ranking 2024, which evaluates universities’ efforts to address Environmental, Social, and Governance (ESG) challenges. Exeter also secured 15th place in Europe and 10th … Read the full press release

Intesa Sanpaolo Wins Two Top Prizes at Qorus-Accenture Banking Innovation Awards

(IN BRIEF) Intesa Sanpaolo, the Italian banking group, has received two first-place awards at the Qorus-Accenture Banking Innovation Awards. The awards recognize innovations in banking on a global level. Intesa Sanpaolo won in the categories of “Neobanks & Specialized Players” … Read the full press release

Nominations Open for Axel Springer Prize for Young Journalism, Now Featuring AI-Related Categories

(IN BRIEF) The nomination phase for the Axel Springer Prize for Young Journalism, a prestigious award for young journalists in the German-speaking region, has officially begun. The prize, which is being awarded for the 33rd time, is organized by the … Read the full press release

Arcadis Ost 1 Wind Farm Powers Up, Adding 250 MW of Renewable Energy to German Grid

(IN BRIEF) The Arcadis Ost 1 wind farm, situated off the coast of Rügen in Mecklenburg-Western Pomerania, Germany, has commenced full capacity operation, contributing 250 megawatts (MW) of renewable energy to the German electricity transmission system. The wind farm operator, … Read the full press release

EDF’s Port-Est Power Plant Achieves 100% Renewable Energy with Liquid Biomass Conversion

(IN BRIEF) EDF Group’s subsidiary, EDF Production Energie Insulaire (PEI), has converted its bioenergy power plant at Port-Est in Reunion Island to operate on liquid biomass made from rapeseed oil, making it fully renewable and contributing to the region’s aim … Read the full press release

COP28: TotalEnergies Collaborates with National Oil & Gas Companies to Measure and Reduce Methane Emissions Using Innovative Drone Technology

(IN BRIEF) TotalEnergies has signed cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan, and Sonangol in Angola) to use its AUSEA technology for methane detection and measurement campaigns at oil and gas facilities in … Read the full press release

IATA: Global Air Cargo Demand Continues to Grow, but Challenges Loom in the Economic Horizon

(IN BRIEF) Global air cargo demand increased by 3.8% in October 2023 compared to the same month in 2022, marking the third consecutive month of stronger year-on-year demand, according to the International Air Transport Association (IATA). However, capacity, measured in … Read the full press release

ING Repurchases Nearly 23 Million Shares in Share Buyback Program Update

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

(IN BRIEF) ING has provided an update on its share buyback program, stating that it repurchased 22,777,914 shares during the week of November 27, 2023, up to December 1, 2023. The average price per share was €12.78, totaling €291,049,616.02. This … Read the full press release

Symbio Inaugurates Europe’s Largest Hydrogen Fuel Cell Gigafactory to Accelerate Hydrogen Mobility

(IN BRIEF) Symbio, a joint venture between Forvia, Michelin, and Stellantis, has inaugurated its first gigafactory called SymphonHy in Saint-Fons, France. This gigafactory is Europe’s largest integrated site producing hydrogen fuel cells and is part of the HyMotive project, a … Read the full press release

CUPRA Joins Forces with 37th America’s Cup in Barcelona, Unveils “CUPRA Cube” Countdown Timer

(IN BRIEF) CUPRA, an automotive brand, has entered into a strategic alliance with the 37th America’s Cup, one of the world’s major sporting events, taking place in Barcelona for the first time. To mark this partnership, CUPRA unveiled the “CUPRA … Read the full press release

Bosch Unveils Central Vehicle Computer for Integrated Infotainment and Driver Assistance Functions at CES 2024

(IN BRIEF) Bosch, a leading automotive supplier, is set to demonstrate the integration of infotainment and driver assistance functions in a software-intensive central computer on a single System on Chip (SoC) at CES 2024. This central vehicle computer, known as … Read the full press release

Barclays report: UK Consumer Spending Rebounds in November on Early Christmas Shopping and Black Friday Sales

(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release

Groupe BPCE Exceeds Prudential Capital Requirements Set by ECB for 2024

(IN BRIEF) Groupe BPCE has received notification from the European Central Bank (ECB) regarding its 2024 prudential capital requirements following the Supervisory Review and Evaluation Process (SREP) conducted in 2023. The Common Equity Tier 1 (CET1) requirement for Groupe BPCE … Read the full press release

Vattenfall and BASF Forge Green Partnership for German Offshore Wind Farms

(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release

Deutsche Telekom Employees Volunteer to Support Children in Need Through Charity Gala

(IN BRIEF) Deutsche Telekom is supporting children in need through its participation in the “Ein Herz für Kinder” charity gala in aid of BILD hilft e. V. More than 2,300 Telekom employees will volunteer to accept donations during the live … Read the full press release

UK’s Financial Conduct Authority (FCA) Proposes Reforms to Enhance Credit Information Quality and Competition

(IN BRIEF) The Financial Conduct Authority (FCA) in the UK has proposed measures to improve the quality of credit information provided by credit reference agencies (CRAs) and enhance competition in the market. The proposals include requiring FCA-regulated data contributors to … Read the full press release

CERN’s Successful Niobium–Tin Magnet Test Opens New Possibilities for High-Luminosity LHC Upgrade

(IN BRIEF) Engineers at CERN have successfully tested an improved design of a quadrupole magnet using niobium–tin (Nb3Sn) technology. These magnets are crucial for controlling particle beams in the Large Hadron Collider (LHC). The tests confirm that the newly designed … Read the full press release

EIB Global Pioneers Just Resilience Approach for a Climate-Resilient and Equitable Future at COP28

(IN BRIEF) At the COP28 climate change conference, EIB Global, the development arm of the European Investment Bank (EIB), introduced its new approach to increase financing and advisory services in support of a just transition and just resilience worldwide. EIB … Read the full press release

Ministry of Defence and Eni Forge Stronger Alliance to Safeguard Italy’s Security and Foster Innovation

(IN BRIEF) The Ministry of Defence and Eni, an Italian energy company, have signed a Memorandum of Understanding (MoU) in Rome to enhance their strategic collaboration on security and risk assessment. The agreement involves sharing expertise and information to bolster … Read the full press release