(IN BRIEF) Škoda Auto is integrating the AI-based chatbot ChatGPT into its Laura voice assistant, enhancing the in-vehicle experience for customers. The chatbot, powered by Cerence Chat Pro, will be available in Škoda models based on MEB GP and MQB … Read the full press release
(IN BRIEF) Volkswagen brand saw a significant increase in vehicle deliveries worldwide in 2023, with around 4.87 million vehicles handed over to customers, representing a 6.7% increase compared to 2022. The demand for all-electric vehicles also grew, with Volkswagen delivering … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged deliveries, electric mobility, Imelda Labbé, vehicle, Volkswagen
(IN BRIEF) Allianz SE’s Supervisory Board plans to propose new appointments at the Annual General Meeting in May 2024. The proposals include Jörg Schneider succeeding Herbert Hainer and Stephanie Bruce replacing Christine Bosse as shareholder representatives on the board. Schneider, … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged AGM 2024, Allianz SE, appointments, Christine Bosse, Herbert Hainer, Jörg Schneider, leadership, Michael Diekmann, Stephanie Bruce, Supervisory Board
(IN BRIEF) Eni, an energy company, has reported the acquisition of 4,640,950 treasury shares, equivalent to 0.14% of its share capital, between January 2 and January 5, 2024. The shares were purchased on the Euronext Milan stock exchange at an … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, buyback program, Eni, Financial, investment, treasury shares
(IN BRIEF) Plenitude, a renewable energy company and subsidiary of Eni New Energy US Inc., has signed an agreement with EDP Renováveis (EDPR) to acquire an 80% equity stake in three operational photovoltaic plants in the United States. The Cattlemen … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate
Tagged acquisition, Blue Harvest (Ohio), EDPR, Eni, Miguel Stilwell d’Andrade, partnership, Plenitude, Renewable Portfolio, solar parks, Stefano Goberti, sustainability, The Cattlemen (Texas), Timber Road (Ohio), USA
(IN BRIEF) Luminar, a global automotive technology company, has expanded its partnership with Mercedes-Benz to collaborate with the Mercedes-AMG PETRONAS Formula 1 Team. The collaboration aims to integrate Luminar’s LiDAR technology into the Official FIA F1 Safety Car, the Mercedes-AMG … Read the full press release
Posted in Automotive, Business, Entertainment, Germany, Industrial, Management, Media, News, Security & Safety, Sports, Technology
Tagged CES 2024, Formula 1, LiDAR Technology, Luminar, Markus Schäfer, Mercedes-AMG, partnership, safety, sports, Toto Wolff
(IN BRIEF) Mercedes-Benz unveils a series of digital advancements and collaborations at CES 2024, focusing on delivering a hyper-personalized user experience in their vehicles. The key highlight is the MBUX Virtual Assistant, powered by generative AI and advanced 3D graphics, … Read the full press release
Posted in Automotive, Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged 3D graphics, CES 2024, generative AI, Hyper-Personalized User Experience, Innovative Entertainment, Markus Schäfer, MB.OS, MBUX SOUND DRIVE, MBUX Virtual Assistant, Mercedes-Benz, partnership, USA
(IN BRIEF) Mercedes-AMG and musician will.i.am collaborate to introduce MBUX SOUND DRIVE, a groundbreaking interactive music experience for Mercedes-AMG vehicles. This innovative technology utilizes sensors and advanced software to interpret various driving dynamics, such as acceleration and braking, and converts … Read the full press release
Posted in Automotive, Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged CES 2024, Markus Schäfer, MBUX SOUND DRIVE, Mercedes-AMG, Musical Instruments, partnership, will.i.am
(IN BRIEF) Mercedes-Benz unveils its new MBUX Virtual Assistant powered by generative AI, transforming the car-driver relationship with natural conversation. This development, showcased at CES 2024, brings a more natural and intuitive interface to Mercedes-Benz vehicles, allowing for proactive support … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged CES 2024, entertainment, generative AI, Hyper-Personalized In-Car, Magnus Östberg, Markus Schäfer, MBUX Virtual Assistant, Mercedes-Benz, USA
(IN BRIEF) AXA has successfully placed Euro 1.5 billion of Restricted Tier 1 Notes with institutional investors, meeting Solvency II requirements. The initial fixed interest rate is 6.375% per annum until January 16, 2034, after which it resets every five … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, Financial, institutional investors, investment, Restricted, Tier 1 Notes
(IN BRIEF) Volkswagen celebrates one year of its Volkswagen Group Art4All initiative, which offers free access to the Neue Nationalgalerie in Berlin every Thursday between 4 and 8 p.m. The initiative aims to make art and culture accessible to a wide … Read the full press release
Posted in Art & Culture, Automotive, Business, Financial, Germany, Industrial, Investment, Management, Media, News
Tagged Art4All, Benita von Maltzahn, Klaus Biesenbach, Neue Nationalgalerie, partnership, Volkswagen
(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million quasi-equity loan to GDI, a US-based company with an affiliate in the Netherlands, to develop silicon anode technology for batteries. This technology aims to replace graphite in batteries … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged Ambroise Fayolle, Battery Performance, EIB, GDI, innovative, Netherlands, partnership, Rob Anstey, Silicon Anode Technology, sustainability, USA
(IN BRIEF) EIB Global has announced a $30 million equity investment in the Seedstars Africa Ventures I venture capital fund to support innovative entrepreneurs in Africa. This investment aims to provide improved access to risk capital for startups and innovative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Africa, Ambroise Fayolle, Bruce Nsereko Lule, digitalisation, EIB, EIB Global, entrepreneurs, European Union, INNOVATION, investments, job creation, Margaritis Schinas, Maxime Bouan, partnership, Robert Daussun, Seedstars Africa Ventures, Stéphanie Casciola, sustainability, Tamim El Zein
(IN BRIEF) A new report emphasizes the significant role of mid-sized enterprises, known as mid-caps (firms with 250 to 3,000 employees), in driving Europe’s economic transition. Published jointly by the European Investment Bank and the European Policy Centre, the report … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Debora Revoltella, economic transition, EIB, Europe, Gelsomina Vigliotti, Mid-Caps
(IN BRIEF) The European Commission has announced measures to empower young Europeans and enhance their influence on EU policies. Building upon the achievements of the 2022 European Year of Youth, these actions aim to involve young people in EU policymaking … Read the full press release
Posted in Business, Education, European Union, Government, Industrial, Luxembourg, Management, Media, News, Politics
Tagged EU policies, European, European Commission, Iliana Ivanova, influence, Margaritis Schinas, Year of Youth, young people
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