(IN BRIEF) EQT Infrastructure VI is partnering with data center provider EdgeConneX to expand global data center capacity, focusing on serving hyperscale customers. This collaboration aims to meet the growing demand for data center capacity driven by digitalization, cloud adoption, … Read the full press release
(IN BRIEF) ContiTech, a sector of Continental, is making significant strides toward sustainability by installing a photovoltaic (PV) system at its Timișoara facility in Romania. Seven more locations are set to follow suit in 2024, supporting the company’s goal of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Romania
Tagged carbon-neutrality, Claus-Peter Spille, Continental, ContiTech, Dr. Ariane Reinhart, Ernesto Flores, Nicolai Setzer, Philip Nelles, Photovoltaic, PV installation, PV system, Romania, Timișoara
(IN BRIEF) Continental and Aurora Innovation have achieved a significant milestone in their partnership to develop autonomous trucking systems. They have completed the design of the Aurora Driver hardware and fallback system, paving the way for production in 2027. This … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Technology, Transportation & Logistics
Tagged Aurora, Aurora Driver, autonomous trucks, Blueprint and Design, CES 2024, Chris Urmson, Continental, Las Vegas Convention Center, Level 4 autonomous driving system, Philipp von Hirschheydt, SAE, Society of Automotive Engineers
(IN BRIEF) Outokumpu, a stainless steel manufacturer, has successfully completed a share repurchase program, acquiring 184,454 of its own shares from various trading venues. The program, which was announced on November 29, 2023, allows for a maximum of 11 million … Read the full press release
Posted in Financial, Finland, Industrial, Investment, Metals and Minerals
Tagged Outokumpu, Share Buyback Program, shares
(IN BRIEF) To celebrate World Braille Day, the LEGO Group is introducing three new languages to its LEGO Braille Bricks product, aimed at children aged 6 and above. Previously distributed to organizations focused on educating visually impaired children, the LEGO … Read the full press release
(IN BRIEF) UniCredit Bank Austria has issued a Green Covered Bond worth €750 million with a maturity of nearly 5 years, following its sustainability strategy. This marks the third green bond issuance by the bank, with the bookbuilding process oversubscribed … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Philipp Gamauf, Robert Zadrazil, sustainability, UniCredit Bank Austria
(IN BRIEF) Merck KGaA, Darmstadt, Germany, has entered into a licensing agreement with Inspirna, Inc. for ompenaclid (RGX-202), a first-in-class oral inhibitor of the creatine transport channel SLC6A8, and SLC6A8-targeting follow-on compounds, currently under Phase II evaluation for the second-line … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged colorectal cancer, Dr. Usman “Oz” Azam, ERBITUX, Inspirna, Merck KGaA, ompenaclid (RGX-202), partnership, sustainability, USA, Victoria Zazulina
(IN BRIEF) Novo Nordisk has announced separate research collaborations with Omega Therapeutics and Cellarity Inc. to explore innovative treatment approaches for obesity and MASH (Metabolic Associated Fatty Liver Disease). The collaboration with Omega aims to develop an epigenomic controller to … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Cellarity Inc., Fabrice Chouraqui, innovative, Mahesh Karande, Marcus Schindler, MASH (Metabolic Associated Fatty Liver Disease), Novo Nordisk, Obesity, Omega Therapeutics, partnership, Paul Biondi, sustainability, treatments, USA
(IN BRIEF) Iberdrola has commenced the commissioning of the Vineyard Wind I offshore wind farm, marking the first major offshore wind project of its kind in the United States. With a capacity of 806 MW, the facility has begun supplying … Read the full press release
(IN BRIEF) New Holland is set to make its return to LAMMA 2024, the UK’s leading farm machinery show, with a lineup of innovative and sustainable products. The highlight of the show will be the UK debut of New Holland’s … Read the full press release
(IN BRIEF) Solidaridad, planetGOLD Peru, and the Ministry of Energy and Mines of Peru organized a panel at the PERUMIN event to emphasize the importance of financial inclusion in the artisanal and small-scale mining (ASM) sector. The event aimed to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Media, Metals and Minerals, Netherlands, News, Small Business
Tagged Artisanal, Edgar Mamani, financial inclusion, Jorge Álvarez, Mauricio Winkelried, Ministry of Energy and Mines of Peru, Oscar Vera Gargurevich, partnership, PERU, PERUMIN Event, planetGOLD Peru, Sergio Samaniego, Small-Scale Miners, Solidaridad, sustainability
(IN BRIEF) Fincantieri, the Italian shipbuilding company, has become the first shipbuilder in Italy to achieve the Gender Parity Certification UNI/PdR 125:2022 from RINA (Registro Italiano Navale). The certification recognizes Fincantieri’s commitment to promoting gender equity and inclusion within the … Read the full press release
Posted in Awards, Business, Industrial, Italy, Management, News, Society, Transportation & Logistics
Tagged Awards, diversity, equality, Fincantieri, Gender Parity Certification, Inclusion, Luciano Sale, Paolo Moretti, RINA, society
(IN BRIEF) Nokia has entered into a patent cross-license agreement with Honor, a leading player in the Chinese smartphone market. The agreement covers the essential inventions related to 5G and other cellular technologies, and the terms remain confidential. Nokia’s Chief … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, cellular technologies, CHINA, honor, Nokia, partnership, Susanna Martikainen, sustainability, Wenyu Zhou
(IN BRIEF) BBVA is exploring the potential of generative artificial intelligence for enhancing organizational processes and customer value. To equip its in-house talent with the skills needed to harness large language models (LLMs), BBVA organized a DataRally competition in which … Read the full press release
(IN BRIEF) The gold holdings of Xetra-Gold, Europe’s largest physically backed gold security, decreased to 198.7 tonnes by the end of 2023, marking a 31.5-tonne reduction over the year. Despite short-term yield opportunities and a record-high gold price in euros, … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, News
Tagged Deutsche Börse, investment, Michael König, Xetra-Gold
(IN BRIEF) Barclays has announced the appointment of Ryan Voegeli as the new Head of Investment Banking for Canada. With two decades of investment banking experience, Voegeli joins Barclays from CIBC Capital Markets, where he served as the Head of … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Barclays, CANADA, Geoffrey Belsher, Head of Investment Banking, leadership, Ryan Voegeli, Taylor Wright
(IN BRIEF) Barclays has welcomed Mr. Naohiko Baba as Managing Director, Chief Japan Economist, and Head of Japan Research, effective from January 1, 2024. With over 30 years of industry experience, Mr. Baba will lead Barclays’ macroeconomic research efforts for … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Barclays, Chief Japan Economist, Christian Keller, leadership, Mr. Naohiko Baba
(IN BRIEF) A new report by WWF, sponsored by NatWest Group, calls for a fundamental shift in how food and farming are financed and supported in England to facilitate the transition towards regenerative, nature-friendly farming. The report highlights the challenges … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, United Kingdom
Tagged England, farming, Financial, Ian Burrow, investment, Kate Norgrove, NatWest, WWF
(IN BRIEF) Researchers at the University of Warwick, in collaboration with other institutions and charities, are leading a groundbreaking initiative to improve the diagnosis and treatment of Obstructive Sleep Apnoea (OSA). OSA often goes undiagnosed, leading to sleep disturbances and … Read the full press release
(IN BRIEF) Lisa Kay, a social sciences undergraduate at the University of Warwick, has been awarded the British Empire Medal (BEM) in the New Year Honours list for her exceptional charity work and services to refugees. She raised over £6,000 … Read the full press release
Posted in Awards, Business, Education, Industrial, Management, News, Society, United Kingdom
Tagged Awards, British Empire Medal, Charity Work, Lisa Kay, Refugee Support, University of Warwick
(IN BRIEF) BAE Systems has inked a contract with the U.S. Army for M777 lightweight howitzer major structures under an Undefinitized Contract Action (UCA), with an initial limit of $50 million. This agreement permits BAE Systems to commence deliveries while … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, United Kingdom
Tagged BAE Systems, John Borton, M777 Howitzer, partnership, sustainability, U.S. Army
(IN BRIEF) Enel, through its subsidiary Enel Green Power North America (EGPNA), has completed a transaction with ORMAT Technologies for the sale of a renewable asset portfolio in the United States. The deal, valued at $271 million, includes EGPNA’s entire … Read the full press release
(IN BRIEF) Siemens AG, a leading industrial company in Germany, is taking significant steps towards sustainability by partnering with Volkswagen Financial Services to electrify its fleet. The plan involves gradually adding up to 1,000 leased Volkswagen ID.4 electric vehicles to … Read the full press release
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