Daily Archives: 27, February 2024

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release

Leading Healthcare Giant Fresenius Establishes ESG Advisory Board

(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release

150 Years Strong: Brenntag Reflects on Milestones and Achievements

(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release

A Decade of Excellence: BusStore’s Journey to European Industry Leadership

(IN BRIEF) BusStore, a leading European brand for marketing used buses under Daimler Buses, is celebrating its ten-year anniversary since opening its first site in Neu-Ulm, Germany, in February 2014. Over the past decade, BusStore has expanded its network to … Read the full press release

Vattenfall Advances Plans for Negative Emissions Facility in Jordbro, Stockholm

(IN BRIEF) Vattenfall is progressing with its initiative to establish a facility in Jordbro, Stockholm, capable of capturing up to 150,000 tonnes of carbon dioxide annually from a biomass-fueled heat plant. This endeavor represents a crucial step towards achieving negative … Read the full press release

Outokumpu Oyj repurchased 543,921 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 543,921 of its own shares across various trading venues. This initiative, part of a larger buyback program announced in November 2023, aimed to repurchase up to 11 … Read the full press release

EBRD Invests €30 Million in Sustainable Real Estate Projects Across Baltic and Eastern Europe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release

EIB Provides €81 Million Loan for Nuremberg School’s Green Transition

(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release

Arkema Advances Climate Plan with Long-Term Renewable Energy Agreements

(IN BRIEF) Arkema has taken significant steps towards its climate plan goals by signing long-term renewable energy agreements for multiple sites across the United States. These agreements, with energy providers like Tennessee Valley Authority (TVA), Entergy, and 3Degrees, are expected … Read the full press release

BP Announces Cash Tender Offer for Notes

(IN BRIEF) BP p.l.c. has initiated a cash tender offer through its subsidiary, BP Capital Markets p.l.c., to acquire any validly tendered and accepted Notes issued by the Offeror, up to an aggregate principal amount of $1,000,000,000. The Tender Offer, … Read the full press release

Orange Business and Cisco Forge Partnership to Drive Greenhouse Gas Emission Reductions

(IN BRIEF) Orange Business and Cisco have entered into a Memorandum of Understanding (MoU) to jointly tackle greenhouse gas (GHG) emissions, furthering their commitment to sustainability. The agreement entails collaboration on creating an emissions baseline, implementing circular economy practices, and … Read the full press release

Telefónica Chairman Highlights Industry Transformation and Collaborative Vision at MWC 2024

(IN BRIEF) José María Álvarez-Pallete, Chairman of Telefónica, addresses the Mobile World Congress, reflecting on the transformative vision realized within the industry over the past year, particularly with the widespread adoption of Open Gateway. He underscores the collaborative efforts among … Read the full press release

Telefónica Redefines Sports Experience with ‘Telefónica Open Gateway’ Demo at MWC 2024

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica introduces the ‘Telefónica Open Gateway’ demo, showcasing an innovative way to experience sports through immersive virtual reality (VR) technology powered by Open Gateway APIs. Partnering with YBVR, a leading VR company … Read the full press release

Telefónica Unveils ‘Smart Industry: Leading the Change’ Demo at MWC 2024

(IN BRIEF) Telefónica showcases its technological prowess at Mobile World Congress (MWC) 2024 with the unveiling of the ‘Smart Industry: Leading the Change’ demo. This comprehensive demonstration highlights Telefónica’s capabilities in digitizing and automating industrial processes using advanced technologies such … Read the full press release

Telefónica Unveils Immersive Gaming Experience Powered by Network and Edge Computing

(IN BRIEF) At Mobile World Congress (MWC) in Barcelona, Telefónica introduces the Telefónica Edge Haptic Arena, a groundbreaking gaming experience that leverages its network and Edge Computing capabilities. Combining Extended Reality (XR) graphics, haptic technology, fiber connectivity, cloud rendering, and … Read the full press release

Telefónica and TikTok Collaborate on Open Gateway to Enhance User Security

(IN BRIEF) Telefónica and TikTok have announced a strategic partnership at Mobile World Congress (MWC) to collaborate on Open Gateway, an initiative by the GSMA aimed at unlocking the potential of telecom network capabilities through open and standardised APIs. Initially … Read the full press release

Telefónica Partners with Microsoft to Integrate AI Studio into Kernel 2.0

(IN BRIEF) Telefónica announces its collaboration with Microsoft to integrate Azure AI Studio into Telefónica Kernel 2.0, enhancing the capabilities of Kernel by incorporating generative AI into its workflows. The partnership aims to leverage the advancements in Large Language Models … Read the full press release

trinamiX Unveils Groundbreaking Consumer Spectroscopy Solution at MWC Barcelona 2024

(IN BRIEF) trinamiX GmbH debuts its latest innovation, the Consumer Spectroscopy solution, at the Mobile World Congress in Barcelona. This cutting-edge technology integrates a near-infrared (NIR) spectrometer into a smartphone reference design powered by Qualcomm’s Snapdragon® 8 Gen 3 platform, … Read the full press release

Deutsche Telekom Unveils Vision for AI Integration, Innovative Routers, and Enhanced Network Security at MWC Barcelona 2024

(IN BRIEF) At the Mobile World Congress 2024, Deutsche Telekom (DT) showcases its vision for integrating artificial intelligence (AI) into everyday communication, presenting prototypes of AI-powered smartphones designed for seamless task automation. Collaborating with Qualcomm and Brain.ai, DT explores AI … Read the full press release

Global Telco AI Alliance Formed by Industry Leaders to Revolutionize Customer Service with Tailored Language Models

(IN BRIEF) Deutsche Telekom, e& Group, Singtel, SoftBank Corp., and SK Telecom announce the establishment of the Global Telco AI Alliance (GTAA) during the Mobile World Congress 2024. Their joint venture aims to develop Large Language Models (LLMs) customized for … Read the full press release

Deutsche Telekom Unveils ‘Concept T’: Redefining Future Communication with Human-Centered Design

(IN BRIEF) Deutsche Telekom unveils its visionary “Concept T” at the Mobile World Congress 2024, offering a glimpse into the future of personal communication and connectivity. Comprising three design studies, “Concept T” explores innovative approaches to router functionality, incorporating cutting-edge … Read the full press release

Deutsche Telekom and Sony Achieve Breakthrough in 5G Live Video Production Testing

(IN BRIEF) Deutsche Telekom and Sony celebrate a milestone in live video production with the successful testing of Nevion’s VideoIPath media orchestration platform using 5G network APIs. Leveraging Sony’s cutting-edge video compression technology and Nevion’s bandwidth management capabilities, the solution … Read the full press release

Deutsche Telekom Launches Game-Changing Network API ‘Number Verify’ for Enhanced Digital Security

(IN BRIEF) Deutsche Telekom introduces the groundbreaking Number Verify API, marking a significant leap in digital security and fraud prevention for its customers. This innovative API streamlines the verification of mobile phone numbers, eliminating the need for SMS-based two-factor authentication … Read the full press release

Lloyds Bank Spearheads Trade Innovation: Joins WaveBL for Digital Bill of Lading Transfer

(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release

EBRD Invests €2.5 Million in Kyiv Medical University for New Campus Amidst Ukrainian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release