Daily Archives: 11, December 2023

BAE Systems, Babcock, and RBSL Collaborate to Offer ARCHER System to UK Ministry of Defence

(IN BRIEF) BAE Systems, Babcock, and Rheinmetall BAE Systems Land (RBSL) have formed the ARCHER Artillery Alliance to offer the ARCHER wheeled mobile artillery system as a replacement for the UK Ministry of Defence’s (MoD) legacy AS90. The ARCHER system, … Read the full press release

BAE Systems Receives $35 Million Investment to Strengthen Defense Semiconductor Manufacturing

(IN BRIEF) The U.S. Department of Commerce has granted approximately $35 million in initial funding to BAE Systems for the modernization of its Microelectronics Center (MEC) in Nashua, New Hampshire. This funding is part of the CHIPS and Science Act, … Read the full press release

Deutsche Bank’s Aggressive Share Buyback and Dividend Strategy Pays Off

(IN BRIEF) Deutsche Bank has successfully completed a €450 million share buyback program announced in July 2023, repurchasing 45.5 million shares, equivalent to 2.23% of its share capital, at an average price of €9.88 per share between August and December … Read the full press release

Deutsche Bank and CIMB Partner to Expand Shariah Custody Services in Malaysia and Singapore

(IN BRIEF) Deutsche Bank has partnered with CIMB, a major Malaysian bank, to offer Shariah custody services to clients in Malaysia, aligning with new regulatory guidelines. The collaboration aims to serve fund managers adhering to Shariah capital market guidelines. Deutsche … Read the full press release

Shell Announces Dividend Payment Options and Rates for Q3 2023

(IN BRIEF) Shell plc’s Board has disclosed the dividend payment details for the third quarter of 2023. The interim dividend, set at US$0.331 per ordinary share, offers shareholders the flexibility to receive their dividends in US dollars, euros, or pounds … Read the full press release

Alfa Laval and Bisviridi Collaborate to Convert Organic Waste into Sustainable Aviation Fuel

(IN BRIEF) In a groundbreaking partnership, Alfa Laval, a global leader in heat transfer and fluid handling, has joined forces with Bisviridi, a subsidiary of the BioteCH4 group, a leading UK anaerobic digestion (AD) operator. Their collaboration seeks to boost … Read the full press release

BMW’s High-Performance M 1000 XR to Feature Continental’s ContiRaceAttack 2 Street Tires

(IN BRIEF) Continental has partnered with BMW Motorrad to provide OEM approval for their ContiRaceAttack 2 Street hypersport tires on the new BMW M 1000 XR. This collaboration marks the first-time partnership between the two premium manufacturers in the hypersport … Read the full press release

Continental Partners with Synopsys to Accelerate Software Development for Software-Defined Vehicles

(IN BRIEF) Continental has announced a collaboration with Synopsys aimed at expediting the development and validation of software features and applications for Software-Defined Vehicles (SDV). This partnership combines Synopsys’ virtual prototyping solutions for virtual Electronic Control Units (vECU) with Continental’s … Read the full press release

BBVA Named Europe’s Most Sustainable Bank for Fourth Consecutive Year in Dow Jones Sustainability Index

(IN BRIEF) For the fourth year in a row, BBVA has been recognized as Europe’s most sustainable bank in the Dow Jones Sustainability Index (DJSI), a leading global sustainability ranking. The bank received a total score of 84 out of … Read the full press release

SGS Appoints Ariel Bauer as Group Vice President for Investor Relations, Communications & Sustainability

(IN BRIEF) SGS, a leading global inspection, verification, testing, and certification company, has named Ariel Bauer as the Group Vice President of Investor Relations, Communications & Sustainability. In his new role, Ariel will be responsible for devising and executing communication … Read the full press release

Roche Presents Promising Data on Innovative Lymphoma Treatments at ASH Annual Meeting

(IN BRIEF) Roche, a global pharmaceutical company, has shared compelling data from its CD20xCD3 T-cell engaging bispecific antibody program during the 65th American Society of Hematology (ASH) Annual Meeting & Exposition held in December 2023. The data includes extended follow-up … Read the full press release

Holcim’s “Carbon2Business” Receives Recognition and Awards for Groundbreaking Carbon Capture Project at COP28

(IN BRIEF) Holcim, the global building materials company, has been honored with two prestigious awards at COP28 in Dubai for its innovative “Carbon2Business” project in Lägerdorf, Germany. The first accolade names Holcim as an “Energy Transition Changemaker,” recognizing the project’s … Read the full press release

GSK’s Jemperli Gains EC Approval for Advanced Endometrial Cancer Therapy

(IN BRIEF) In a significant development, GSK plc has received marketing authorization from the European Commission (EC) for Jemperli (dostarlimab) in combination with carboplatin-paclitaxel chemotherapy as a treatment option for adult patients suffering from mismatch repair deficient (dMMR)/microsatellite instability-high (MSI-H) … Read the full press release

GPA Plans Equity Offering, Potential Change in Casino’s Stake

(IN BRIEF) Companhia Brasileira De Distribuição (GPA) has taken steps toward a potential primary equity offering, as confirmed in a recent press release. GPA has scheduled an extraordinary general meeting for January 11, 2024, to discuss various matters, including the … Read the full press release

Grupo Calleja Initiates Tender Offer to Acquire Éxito Group Shares

(IN BRIEF) Following Casino Group’s announcement on October 16, 2023, regarding the sale of its total equity interest in Almacenes Éxito S.A. (“Éxito Group”) to Grupo Calleja, the Buyer has officially launched the Tender Offer (Colombian TO) to acquire up … Read the full press release

Outokumpu Completes Share Repurchase, Acquiring Over 169,000 Shares

(IN BRIEF) On December 8, 2023, Outokumpu successfully completed its share repurchase program, acquiring a total of 169,928 of its own shares across two trading venues, CEUX and XHEL. The weighted average price per share stood at EUR 4.33, resulting … Read the full press release

Sarclisa Combination Therapy Boosts Myeloma Remission Rates in Phase 3 Trial

(IN BRIEF) In the Phase 3 IsKia trial presented at the American Society of Hematology (ASH) Annual Meeting, Sarclisa® (isatuximab) combined with carfilzomib, lenalidomide, and dexamethasone (KRd) demonstrated a significant improvement in achieving minimal residual disease (MRD) negativity among newly … Read the full press release

Digi Communications N.V. announces the conclusion by Company’s Portuguese subsidiary of a framework agreement for spectrum usage rights

Digi Communications N.V. announces the amendment of the Company’s 2023 financial calendar

(IN BRIEF) Digi Communications N.V. has announced that its Portuguese subsidiary, Digi Portugal, has entered into a framework agreement with Vodafone Portugal. Pending approval from the Portuguese Competition Authority, Digi Portugal will receive spectrum usage rights in the 1,800 Mhz … Read the full press release