(IN BRIEF) SIX and the Swiss National Bank have unveiled SIC5, the new generation of the Swiss payment system, which sets the stage for instant payments, enabling electronic customer payments to be processed 24/7 in a matter of seconds. Over … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial, International Trade, Investment, Management, News, Switzerland, Technology
Tagged Financial, Instant Payments, investment, partnership, SIC5, SIX, sustainability, Swiss National Bank, Swiss Payment System
(IN BRIEF) The Petroleum Authority of Uganda (PAU) and Uganda’s National Bureau of Standards (UNBS) have granted approval to SGS to offer Pre-Export Verification of Conformity (PVoC) services for equipment and materials intended for Oil and Gas projects in Uganda. … Read the full press release
(IN BRIEF) Accenture’s latest report, “Work, workforce, workers: Reinvented in the age of generative AI,” emphasizes the need for business leaders to expand their focus beyond the impact of generative AI on specific tasks and roles. Instead, they should concentrate … Read the full press release
Posted in Business, Healthcare, Industrial, Ireland, Management, News, Technology
Tagged Accenture, Ellyn Shook, generative AI, Paul Daugherty, Prioritize, well-being, Worker
(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release
(IN BRIEF) Onera Health, a leader in sleep diagnostic and monitoring solutions, has successfully completed a €30 million ($32 million) Series C financing round. The funding was led by EQT Life Sciences and co-led by Gimv, with participation from existing … Read the full press release
(IN BRIEF) Alfa Laval has unveiled the “Free Rotating Retractor,” a highly efficient retractable cleaning device designed to address the challenges of cleaning confined spaces with hard-to-reach shadow areas in hygienic processing lines such as milk or infant powder plants. … Read the full press release
(IN BRIEF) Empa researchers have developed an innovative technique using nanoparticles for soldering wounds, potentially revolutionizing wound closure methods. This groundbreaking approach offers precise temperature control and can be applied in minimally invasive surgery. The nanoparticles enable gentle laser soldering, … Read the full press release
(IN BRIEF) ING has reported the completion of its €2.5 billion share buyback program, which was initiated on November 2, 2023. During the week of January 8, 2024, up to January 12, 2024, the company repurchased a total of 4,485,148 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) Hydro, a leader in low-carbon aluminum production, has joined the First Suppliers Hub, a tool launched at the World Economic Forum’s annual meeting in Davos. The hub streamlines the transition from climate commitments to action for companies dedicated … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Norway, Switzerland, Technology
Tagged aluminium, Climate Action, Davos, First Movers Coalition, FMC, green aluminium, green transition, Hilde Merete Aasheim, Hydro, low-carbon aluminium, The First Suppliers Hub, Volvo Group, WEF, World Economic Forum
(IN BRIEF) Alfa Laval is part of a 16-member consortium called SCO2OP-TES, which aims to develop advanced Power-to-Heat energy storage technology. This initiative, aligned with the European Union’s renewable energy goals, seeks to provide cost-effective and grid-stable thermal energy storage … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Infrastructure & Utilities, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, CINEA, energy transition, European Union, grid stability, Horizon Europe, industrial heat supply, Power-to-heat energy storage, renewable energy, renewable energy sources, REPowerEU Plan, SCO2OP-TES, sustainable energy, TES, Thermal Energy Storage
(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Andrew Wong, appointment, Arjan Toor, CEO Health, Customer Trust, leadership, Prudential, Solmaz Altin, transformation
(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release
(ACTUALITÉ EN BREF) eCarsTrade, une plateforme d’enchères en ligne B2B spécialisée dans la vente de voitures d’occasion européennes, a annoncé l’arrivée de Dirk Van Roost en tant que nouveau Directeur Financier et Administratif (CFO). Dirk apporte avec lui plus de … Read the full press release
Posted in Automotive, Belgium, Business, Financial, France, Internet & Online, Management
Tagged B2B Car Auctions, B2B Online Car Auctions Platform, BASF, Booz & Company, Car Auctions for Dealerships, Car Auctions for European Cars, CFO, Chemster GmbH, Directeur Financier et Administratif, Dirk Van Roost, eCarsTrade, ExxonMobil, Filipp Sevostianov, General Electric, leadership, nomination, plateforme d'enchères en ligne B2B, Sentiance
(IN BRIEF) On January 15, 2024, Outokumpu announced the completion of its share repurchase program, where it repurchased its own shares across different trading venues. The total cost of these repurchases amounted to EUR 453,926.84. This program was initiated in … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, treasury shares
(IN BRIEF) Kapsch TrafficCom’s Spanish subsidiary is now managing Vitoria-Gasteiz’s traffic information and control systems, aiming to ensure safe and reliable urban mobility in the Basque city. The four-year contract, valued at EUR 4 million, covers the installation, operation, and … Read the full press release
(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged EFL, EIB, Marjut Falkstedt, partnership, Poland, Projects, Radosław Woźniak, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) TenneT, the Dutch high-voltage grid operator, has conducted a groundbreaking pilot project using drones to install wire markers on a 150 kV high-voltage line. Traditionally, this task was performed using helicopters or cranes and climbers. The innovative approach … Read the full press release
(IN BRIEF) Paris 2024 has revealed that 80% of the 11,000 Torchbearers for the Olympic and Paralympic Torch Relays have been selected. These Torchbearers, representing diverse backgrounds, will carry the Olympic and Paralympic Flames throughout France, igniting excitement and anticipation … Read the full press release
(IN BRIEF) DNV, a prominent classification society, has secured a contract to oversee the construction of two innovative Very Large Ethane Carriers (VLECs) for Purus, a ship owner. These VLECs, built at Hyundai Heavy Industries in South Korea, are set … Read the full press release
(IN BRIEF) The European Commission has initiated a 10-year strategic partnership led by Deutsche Telekom, called “Nostradamus,” to build a quantum key distribution (QKD) testing infrastructure. This infrastructure will evaluate QKD devices from European manufacturers and support the development of … Read the full press release
Posted in European Union, Germany, Industrial, Infrastructure & Utilities, Security & Safety, Technology, Telecom
Tagged AIT Austrian Institute of Technology, Daniela Theisinger, data centers, Deutsche Telekom, EU satellite transmission, Europe, European Commission, European Quantum Communication Infrastructure, EuroQCI, Helmut Leopold, IRIS2, Joan Mazenc, Nostradamus, QKD, QKD devices, quantum key distribution, Quantum technology, secure digitalization, Thales
(IN BRIEF) Astrophysicist Professor Gilles Chabrier from the University of Exeter and Ecole Normale Superieure de Lyon has been awarded the prestigious Royal Astronomical Society’s Gold Medal for his exceptional contributions to stellar and planetary astrophysics, as well as galactic … Read the full press release
(IN BRIEF) A recent study led by the University of Exeter has identified a connection between consistently high blood sugar levels and upper limb conditions such as frozen shoulder, Dupuytren’s disease, carpal tunnel syndrome, and trigger finger. The research, conducted … Read the full press release
(IN BRIEF) Vodafone and Microsoft have announced a 10-year strategic partnership aimed at transforming customer experiences and fostering business growth in Europe and Africa. The collaboration includes leveraging Microsoft’s generative AI to enhance customer engagement, expanding Vodafone’s IoT platform, creating … Read the full press release
(IN BRIEF) The University of Exeter is set to play a significant role in advancing climate action discussions at the World Economic Forum in Davos. The university will organize a series of events building upon the recently launched Global Tipping … Read the full press release
Posted in Business, Education, Environment, Industrial, Management, Media, News, Science, Technology, United Kingdom
Tagged Arctic Basecamp, Climate Action, Dr Catherine Sorbara, Dr Jonny Keeling, Ellen Jackowski, Himanshu Gupta, Professor Alexandra Gerbasi, Professor Gail Whiteman, Sam Boynton, sustainability, University of Exeter, World Economic Forum
(IN BRIEF) The Volvo Group has entered into an option agreement with John Cockerill Defense, allowing Volvo to potentially sell Arquus, a company specializing in defense vehicle manufacturing. The agreement requires consultations with employee representative bodies, expected to conclude in … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Arquus, John Cockerill Defense, partnership, Volvo Group
(IN BRIEF) DNV has completed a comprehensive market study commissioned by a consortium of Danish entities in the Carbon Capture, Utilization, and Storage (CCUS) sector, aiming to assess Denmark’s potential as a pivotal European CO2 hub. This initiative aligns with … Read the full press release
(IN BRIEF) The German Academic Exchange Service (DAAD) has released guidelines for academic collaboration with China, favoring a realpolitik approach in line with the German government’s China strategy. The guidelines provide three general principles for German higher education institutions dealing … Read the full press release
Posted in Business, Education, Financial, Germany, Government, Industrial, Investment, Management, News, Politics
Tagged academic, CHINA, DAAD, partnership, Professor Dr Joybrato Mukherjee, Realpolitik
(IN BRIEF) The German military, Bundeswehr, has awarded Rheinmetall a significant contract worth nearly €50 million for over 470,000 decoy flares from Rheinmetall’s Birdie product line. These infrared decoy flares are used to distract incoming infrared-homing guided missiles and simulate … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Aircraft Decoy Flares, Bundeswehr, partnership, Rheinmetall, sustainability
(IN BRIEF) BevZero and TOMSA Destil have partnered to revolutionize the beverage industry. They are developing a state-of-the-art dealcoholization technology called “ClearAlc” and offering eco-friendly solutions to wineries, including emissions reduction, CO2 recovery, energy efficiency, and wastewater treatment. This collaboration … Read the full press release
Posted in Energy, Gas & Oil, Environment, Food & Beverage, Industrial, Spain, Technology
Tagged alcohol distillation, alcohol-free, BevZero, Biodigestion, ClearAlc, CO2 Recovery, dealcoholization, Dealcoholization Equipment, dealcoholization technology, Dealcoholize, Jerome Eckert-Nathan, low-alcohol beverages, Miguel Villena Reyes, non-alcoholic, Sustainability Initiatives, Tomsa Destil, Wastewater Filtration, Wine production, Winemaking, wineries
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