Daily Archives: 19, January 2024

Bentley Achieves Strong Sales and Surges in Luxury Personalization Despite Challenges in 2023

(IN BRIEF) Bentley Motors, renowned for luxury cars, reported its third-best year in 2023, with global sales reaching 13,560 vehicles, although this represented an 11% decrease from the previous year. The company noted a significant rise in customer interest in … Read the full press release

Societe Generale and IFC Strengthen Partnership to Accelerate Sustainable Finance in Developing Countries

(IN BRIEF) Societe Generale and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Collaboration Framework Agreement to further their collaboration on sustainable finance initiatives in developing countries, aligning with their shared commitment to … Read the full press release

Basilea’s Antifungal Cresemba Sales in Latin America Trigger Milestone Payment from Partner Knight Therapeutics

(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) has announced that its partner Knight Therapeutics Inc. (TSX: GUD) exceeded the sales threshold for the antifungal Cresemba (isavuconazole) in Latin America in 2023, triggering the first sales milestone payment for the region. … Read the full press release

Outokumpu Successfully Acquires 184,718 Shares in Share Repurchase Program

(IN BRIEF) On January 18, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 184,718 of its own shares across various trading venues at an average price of EUR 4.03 per share. This initiative was part of … Read the full press release

ABB Expands AI and Software Capabilities with Acquisition of Meshmind to Boost Automation Innovation

(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release

Maersk Breaks Ground for State-of-the-Art Cold Store Facility in India for HyFun Foods

(IN BRIEF) A.P. Moller – Maersk (Maersk) has initiated the construction of a cutting-edge Cold Store facility in Mehsana, Gujarat, India, exclusively designed for HyFun Foods, a company specializing in frozen processed food items. This facility will provide temperature-controlled storage … Read the full press release

Boehringer Ingelheim Awarded ‘Global Top Employer’ for Fourth Consecutive Year, Recognized for Employee Development and Wellbeing Focus

(IN BRIEF) Boehringer Ingelheim has been honored by the Top Employers Institute with a “Global Top Employer” certification for the fourth consecutive year, distinguishing it as one of only 17 globally certified companies. The recognition is attributed to the company’s … Read the full press release

ANDRITZ Expands Environmental and Energy Focus with New Business Area and Financial Reporting Changes

(IN BRIEF) International technology group ANDRITZ has announced the establishment of a new business area called “Environment & Energy” to consolidate its environmental and energy-focused technologies, aiming to better align with the markets it serves. ANDRITZ Environment & Energy offers … Read the full press release

Brits Plan Holidays in Advance as January Sees Surge in Travel Bookings

(IN BRIEF) According to research by Aviva, 19% of Brits are preparing to book or search for their next holiday 4-5 months in advance, with 26% planning 2-3 months ahead, indicating that January is a popular time for travel planning. … Read the full press release

WIIT Secures €10 Million Loan with Green Guarantee from Intesa Sanpaolo for Sustainability Projects

(IN BRIEF) WIIT S.p.A., a leading European enterprise cloud computing services provider, has received a €10 million loan with a Green Guarantee from Intesa Sanpaolo to support sustainability projects, specifically the pursuit of its Environmental Objectives under the WIIT4Climate initiative. … Read the full press release

Evonik Completes Pioneering Sustainable Biosurfactant Facility in Slovakia Ahead of Schedule

(IN BRIEF) Evonik has successfully completed its industrial-scale facility for sustainable biosurfactants in Slovakia, becoming the world’s first plant to produce sustainable rhamnolipid biosurfactants. These high-quality biosurfactants are manufactured through a biogenic, carbon-based fermentation process, eliminating the need for petrochemical … Read the full press release

ETH Domain Showcases Research Highlights to Distinguished Guests During World Economic Forum

(IN BRIEF) In conjunction with the World Economic Forum (WEF) in Davos, the six institutions of the ETH Domain hosted a special event at the WSL Institute for Snow and Avalanche Research (SLF) to present their cutting-edge research to high-ranking … Read the full press release

GRAHAM Partners with The Westminster School to Offer Work-Based Placements for Students with Special Educational Needs

(IN BRIEF) GRAHAM has announced a partnership with The Westminster School in Rowley Regis to provide students with special educational needs (SEND) an opportunity to gain valuable work experience through the 10-week Beacon programme. Successful applicants will be offered placements … Read the full press release

DNV and SDTR Marine Collaborate on CCS Feasibility Study for Bulk Carrier

(IN BRIEF) DNV and SDTR Marine, a Singapore-based shipping company, have joined forces in a Joint Development Project (JDP) to conduct a feasibility study on Carbon Capture and Storage (CCS) for SDTR Marine’s 85,000 dwt Kamsarmax bulk carrier. The collaboration … Read the full press release

Viasat Demonstrates UK Satellite-Based Augmentation System (SBAS) to Enhance Navigation Accuracy and Safety

(IN BRIEF) Viasat, Inc. (NASDAQ: VSAT) has successfully demonstrated a UK satellite-based augmentation system (UK SBAS) for the first time, showcasing how it can significantly improve GPS data accuracy and safety in various transport applications, including aviation. The UK SBAS … Read the full press release

Experienced Banker Rodolfo Siason to Lead Deutsche Bank’s Philippines Expansion

(IN BRIEF) Deutsche Bank has appointed Rodolfo ML Siason (Dino) as the Chief Country Officer and Head of Corporate Bank for the Philippines, effective April 1, 2024, pending regulatory approvals. Siason will oversee the bank’s operations in the Philippines, including … Read the full press release

Fincantieri Earns Top Employer Italy Certification for the Third Consecutive Year in 2024

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has been awarded the Top Employer Italy certification for the third consecutive year in 2024. This prestigious certification recognizes companies that excel in human resources strategies and policies aimed at enhancing employee well-being … Read the full press release

South Korea’s Daesan Complex to Host LG Chem and Enilive’s Innovative Biorefinery

(IN BRIEF) LG Chem and Enilive have moved closer to making a final investment decision on their joint biorefinery project in South Korea by signing a joint venture agreement. The project, planned for LG Chem’s petrochemical complex in Daesan, South … Read the full press release

EIB and One World Media Collaborate to Spotlight Solutions for Girls and Women Worldwide

(IN BRIEF) The European Investment Bank (EIB) has renewed its partnership with One World Media (OWM) to highlight underreported stories that focus on empowering girls and women while addressing global challenges. Through this collaboration, EIB sponsors an award recognizing outstanding … Read the full press release

Ageas and Subsidiaries Earn “Top Employer” Recertification for 2024

(IN BRIEF) Ageas, along with its subsidiaries AG, AG Real Estate, and Ageas UK, has once again achieved the prestigious “Top Employer” recertification for 2024. This recognition highlights Ageas’ commitment to fostering an empowering culture, promoting innovation, and prioritizing skill … Read the full press release

Customer Data Platform Industry Attracts New Participants: CDP Institute Report

(IN BRIEF) Despite challenging business conditions in the second half of 2023, the Customer Data Platform (CDP) industry saw continued growth, with ten new participants, mostly small firms established within the last five years, focused on profile building and analytics. … Read the full press release