Daily Archives: 15, December 2023

Kapsch TrafficCom and OCTA Unveil Cutting-Edge I-405 Express Lanes System, Transforming Commuting in Southern California

(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release

DNV Continues to Lead Hydrogen Pipeline Research with NGT’s Expansion of FutureGrid

(IN BRIEF) DNV is at the forefront of advancing hydrogen pipeline research through its partnership with National Gas Transmission (NGT) in the expansion of the groundbreaking FutureGrid project. NGT, supported by DNV and other collaborators, secured two Strategic Innovation Funded … Read the full press release

Dassault Aviation Expands Use of 3DEXPERIENCE Platform for Enhanced Fleet Maintenance

(IN BRIEF) Dassault Aviation has extended its utilization of Dassault Systèmes’ 3DEXPERIENCE platform, hosted on a sovereign cloud, to enhance the maintenance, repair, and overhaul (MRO) processes for its Rafale aircraft fleet serving the French Ministry of Armed Forces. The … Read the full press release

bp and BWT Alpine F1 Team Join Forces to Boost Energy Efficiency and Sustainability

(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release

TotalEnergies Agrees to 5% Salary Increase and Value Sharing Bonus for French Employees

(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release

Equinor to Acquire Shell’s Stake and Operatorship of Linnorm Discovery in Norwegian Sea

(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release

CUPRA and Wilson Introduce Revolutionary LT Padel Racket Inspired by UrbanRebel Racing Concept

(IN BRIEF) CUPRA, in collaboration with Wilson Sporting Goods Co., has revealed the innovative CUPRA Wilson LT Padel Racket, the third racket developed under this partnership. Designed entirely by CUPRA and crafted by Wilson, the racket draws inspiration from CUPRA’s … Read the full press release

Claudia Cordioli Appointed as Zurich Insurance Group’s New CFO

(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release

Orange Acquires Treasury Shares for Long-Term Incentive Plans

(IN BRIEF) Orange has announced its purchase of treasury shares as part of its 2023 share buyback program. These shares have been acquired to fulfill obligations related to long-term incentive plans designed for corporate officers and senior employees. These incentive … Read the full press release

European Payments Initiative (EPI) Completes Successful Account-to-Account Instant Payment Transactions with wero

(IN BRIEF) The European Payments Initiative (EPI) has achieved a significant milestone by successfully completing its first account-to-account instant payment transactions using its newly developed solution, wero. In a proof of concept conducted between Sparkasse Elbe-Elster in Germany and Banque … Read the full press release

Groupe BPCE Announces Key Leadership Appointments to Drive Growth and Transformation

(IN BRIEF) Groupe BPCE has made significant senior executive appointments to strengthen its leadership team. Corinne Cipière has been named the Chief Executive Officer of BPCE Assurances, responsible for life & personal protection insurance and non-life insurance. Philippe Setbon has … Read the full press release