Daily Archives: 9, December 2023

NIB and Landsbankinn Sign USD 75 Million Loan Program to Boost SMEs and Environmental Projects in Iceland

(IN BRIEF) The Nordic Investment Bank (NIB) and Icelandic bank Landsbankinn hf. have entered into a new seven-year USD 75 million loan program aimed at financing small and medium-sized enterprises (SMEs) and environmental initiatives in Iceland. The program will provide … Read the full press release

Roche’s Kadcyla Demonstrates Long-Term Survival Benefit in HER2-Positive Early Breast Cancer

(IN BRIEF) Roche has released positive long-term follow-up data from the Phase III KATHERINE study, evaluating Kadcyla® (trastuzumab emtansine) as adjuvant therapy for people with HER2-positive early-stage breast cancer (eBC) who have residual invasive disease following neoadjuvant treatment. The study … Read the full press release

Roche Reports Positive Phase III Results for Inavolisib Combination Therapy in PIK3CA-Mutated Breast Cancer

(IN BRIEF) Roche has announced promising results from the Phase III INAVO120 study, which evaluated inavolisib in combination with palbociclib (Ibrance®) and fulvestrant as a first-line treatment for individuals with PIK3CA-mutated, hormone receptor (HR)-positive, HER2-negative, endocrine-resistant, locally advanced, or metastatic … Read the full press release

BioNTech Enters Multi-Year Strategic Partnership with Victoria, Australia, to Boost Local mRNA Ecosystem

(IN BRIEF) BioNTech, a leading biotechnology company, has formalized a multi-year strategic partnership with the State of Victoria in Australia, building upon a prior Letter of Intent established in October 2022. The collaboration aims to strengthen the local mRNA ecosystem … Read the full press release

Philips-Led Consortium Receives €6.5 Million Grant to Enhance Coronary Artery Disease Diagnosis and Treatment

(IN BRIEF) The COMBINE-CT consortium, led by Philips and supported by a €6.5 million grant from the Innovative Health Initiative (IHI), is dedicated to improving the diagnosis and treatment of coronary artery disease (CAD). CAD, characterized by the accumulation of … Read the full press release

Husqvarna Group Recognized as a Diversity Leader by Financial Times for the Third Consecutive Year

(IN BRIEF) Husqvarna Group has been honored with the title of Diversity Leader by Financial Times for the third consecutive year, securing the 49th position among 850 European companies, a significant improvement from its 177th position in the previous year’s … Read the full press release

Plastic Omnium Awarded Special Prize for Outstanding Shareholder Relations by Le Revenu Magazine

(IN BRIEF) On December 7th, 2023, Plastic Omnium received the Jury’s Special Prize from Le Revenu magazine for its exemplary shareholder relations among SBF 120-listed companies (excluding CAC 40). The award recognizes the company’s ongoing efforts to engage with individual … Read the full press release

University of Amsterdam Professors Appointed to NWO’s SSH Domain Board

(IN BRIEF) NWO’s Executive Board has announced the appointment of Prof. Dr. Guda van Noort and Dr. Nicky Pouw, both from the University of Amsterdam, to the Board of the Social Science and Humanities (SSH) Domain. Guda van Noort is … Read the full press release

DNV to Certify Ørsted and PGE’s Baltica 2 Offshore Wind Farm in Poland

(IN BRIEF) DNV has secured a contract from Ørsted and PGE to certify the Baltica 2 offshore wind farm located in the Polish part of the Baltic Sea. This project plays a crucial role in Poland’s transition to green energy, … Read the full press release

EDF Group Reinforces Commitment to Climate Action and Net Zero Emissions at COP28

(IN BRIEF) During the 28th United Nations Conference of the Parties on Climate Change (COP28), EDF Group has reiterated its dedication to combating climate change and achieving “net zero emissions.” The company supports various initiatives announced at COP28, including efforts … Read the full press release

Scania Introduces Fuel-Efficient Biogas Engines with Super-Based Powertrain for Decarbonization

(IN BRIEF) Scania has unveiled a new range of biogas engines that are coupled with two-thirds of the successful Super-based powertrain, comprising G25 gear-boxes and axles from the diesel sibling. This harmonious combination has proven to deliver significant fuel savings … Read the full press release

Ducati and Bentley Unveil Limited-Edition Diavel for Bentley Motorcycle

(IN BRIEF) Ducati and Bentley have collaborated to introduce a limited-edition motorcycle, the “Diavel for Bentley,” blending the iconic elements of both brands. This unique motorcycle is based on the high-performance Diavel V4 and incorporates distinctive design features inspired by … Read the full press release

SHV Energy’s Glaura Kartalian Honored with Woman of the Year Award at LPG Week 2023

(IN BRIEF) Glaura Kartalian, a Management Board Member at SHV Energy, has been recognized with the Woman of the Year Award 2023 during LPG Week, the global industry’s annual flagship event. The award was presented by the Women in LPG … Read the full press release

ArcelorMittal Completes Sale of Kazakh Steel and Mining Operation to Qazaqstan Investment Corporation

(IN BRIEF) ArcelorMittal has successfully concluded the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to the Qazaqstan Investment Corporation (QIC), a state-controlled direct investment fund. The transaction involves a total consideration of $986 million, comprising $286 million … Read the full press release

Škoda Auto Expands Partnership with Allur in Kazakhstan, Plans Local Assembly and Technical Training Support

(IN BRIEF) Škoda Auto is furthering its collaboration with Allur in Kazakhstan, signing key agreements to solidify their partnership. The focus of this cooperation includes vehicle assembly from Semi Knocked Down (SKD) kits starting next year, exploring local production from … Read the full press release

Americans Seek Financial Professionals for Holistic Guidance, Allianz Life Study Reveals

(IN BRIEF) According to the Annual Retirement Study by Allianz Life Insurance Company of North America (Allianz Life), despite facing financial challenges such as market volatility, inflation, and recurring crises, most Americans are not seeking the assistance of financial professionals … Read the full press release

European Investment Fund Joins Bürgschaftsbank for €200 Million SME Financing Boost in Germany

(IN BRIEF) Bürgschaftsbank Baden-Württemberg (BBBW) and Bürgschaftsbank Nordrhein-Westfalen (BBNRW) are expanding their guarantee support for regional financial institutions aiming to provide financing to small and medium-sized enterprises (SMEs) in the German states of Baden-Württemberg and North Rhine-Westphalia. The European Investment … Read the full press release

European Investment Fund and CDP Real Asset SGR Partner to Allocate €300 Million for Social Housing in Italy

(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with CDP Real Asset SGR, a subsidiary of Cassa Depositi e Prestiti, to allocate €300 million towards social housing programs in Italy. This groundbreaking … Read the full press release

EIB Commits €250 Million for Second Rail Track in Slovenia to Boost Transport Network

(IN BRIEF) The European Investment Bank (EIB) has signed a €250 million loan agreement with 2TDK Družba za razvoj projekta d.o.o (2TDK) to support the construction of a second rail track in Slovenia, a vital component of the Baltic-Adriatic-Mediterranean Trans-European … Read the full press release

EU Finance Ministers Back Nadia Calviño as New President of European Investment Bank

(IN BRIEF) European Union finance ministers have given their unanimous support to Nadia Calviño’s candidacy for the presidency of the European Investment Bank (EIB) during discussions held at the EU Economic and Financial Affairs Council meeting in Brussels. Calviño, currently … Read the full press release