Monthly Archives: February 2024

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

Mistral AI Advances AI Accessibility: Unveils Mistral Large and Mistral Small Language Models, Integration with Azure Platform

(IN BRIEF) Mistral AI, an AI company, has introduced Mistral Large, its latest advanced language model, offering top-tier reasoning capabilities and multilingual proficiency. It’s now accessible through Azure, in addition to their platform. They’ve also launched Mistral Small, optimized for … Read the full press release

Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release

AXA Launches Tender Offer for Subordinated Notes in Debt Optimization Move

(IN BRIEF) AXA has initiated an any and all cash tender offer for two series of its subordinated notes, including the GBP 350,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes issued on July 6, 2006, and the GBP 723,925,000 … Read the full press release

Garanti BBVA Unveils Turkey’s Largest Banking Technology Center

(IN BRIEF) Garanti BBVA, a pioneer in shaping the future of the banking industry through technology, has inaugurated Garanti BBVA Technology, the largest tech center within the Turkish banking sector, also known as the “tech factory.” With a strategic focus … Read the full press release

BMT Unveils CAIMEN® Large Design to Enhance Australia’s Amphibious Capabilities

(IN BRIEF) BMT, a global leader in ship design and technical consultancy, has unveiled the CAIMEN® Large design, strategically positioned to bolster Australia’s Landing Craft-Heavy (LC-H) requirements amid the nation’s focus on enhancing amphibious capabilities in littoral environments. Graeme Nayler, … Read the full press release

Jacky Perrenot to Acquire Agediss, Expanding Logistics Dominance in France and Europe

(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release

Voydeya Recommended for EU Marketing Authorization as PNH Treatment Add-On

(IN BRIEF) Voydeya (danicopan), a first-in-class oral Factor D inhibitor, has been recommended for marketing authorization in the European Union (EU) as an add-on to ravulizumab or eculizumab for adult patients with paroxysmal nocturnal haemoglobinuria (PNH) who experience residual haemolytic … Read the full press release

Infineon Technologies AG Initiates Share Buyback Program for Employee Participation

(IN BRIEF) Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has announced its decision, approved by the Supervisory Board, to acquire up to 7,000,000 shares via the stock exchange, with a total purchase price of up to €300 million. The … Read the full press release

GSK’s Gepotidacin Shows Promise as Gonorrhoea Treatment: Positive Results from EAGLE-1 Trial

(IN BRIEF) GSK plc has announced positive headline results from the pivotal EAGLE-1 phase III trial for gepotidacin, an oral antibiotic aimed at treating uncomplicated urogenital gonorrhoea in adolescents and adults. The trial demonstrated gepotidacin’s non-inferiority compared to the current … Read the full press release

Boosting Grenada’s Healthcare: CDB and EIB Announce Major Funding Initiative

(IN BRIEF) Grenada’s healthcare infrastructure is set to undergo a significant transformation with a US$ 9,970,500 loan from the Caribbean Development Bank (CDB), financed by the European Investment Bank (EIB). The project, launched in St. George’s, Grenada, aims to strengthen … Read the full press release

Thales Collaborates with Google to Streamline eSIM Activation for Android Devices

(IN BRIEF) Thales, a leader in digital security solutions, has partnered with Google to introduce the Thales eSIM Discovery solution, which integrates the Google Discovery Service for seamless activation of eSIMs on Android devices. This collaboration aims to enhance user … Read the full press release

Kuehne+Nagel Enhances Sea Freight Customer Platform with End-to-End Lead Times

(IN BRIEF) Kuehne+Nagel has bolstered its seaexplorer customer platform by integrating pre- and on-carriage lead times for both full container loads (FCL) and less than container loads (LCL), offering shippers comprehensive insights into the global shipping network. The platform now … Read the full press release

Ayvens and Stellantis Forge Multi-Billion Euro Agreement for Sustainable Mobility

(IN BRIEF) Ayvens, a leading global sustainable mobility player resulting from ALD Automotive’s acquisition of LeasePlan, has entered a multi-billion euro frame agreement with Stellantis, a prominent automaker, to procure up to 500,000 vehicles for its long-term leasing fleet across … Read the full press release

Optus and Ericsson Achieve Significant Energy Savings with Dynamic Efficiency Solutions for 5G Networks

(IN BRIEF) Optus and Ericsson have collaborated to deploy dynamic energy efficiency software solutions in Optus’s 5G mobile network, resulting in a potential incremental reduction in energy consumption across the network’s Ericsson radio access footprint. The implemented solutions, including Massive … Read the full press release

Ericsson and O2 Telefónica Forge Ahead with Cloud RAN Deployment in Europe

(IN BRIEF) Ericsson and O2 Telefónica are set to deploy Cloud RAN technology in Offenbach, Germany, in the first half of 2024, marking the introduction of Ericsson Cloud RAN in Europe. This joint initiative aims to leverage virtualization and cloud … Read the full press release

AT&T and Ericsson Achieve Milestone with Cloud RAN Deployment for Open RAN

(IN BRIEF) AT&T and Ericsson have achieved a significant milestone in their collaboration by completing a Cloud RAN call, marking progress in deploying Open RAN. The successful deployment, located south of Dallas, Texas, signifies the acceleration of AT&T’s C-Band deployment … Read the full press release

Ericsson-Intel Tech Hub Achieves Milestone with Successful Cloud RAN Call Using Future Xeon Processor

(IN BRIEF) The Ericsson-Intel Tech Hub, stationed in Santa Clara, USA, has reached a significant milestone with the successful completion of a Cloud RAN call utilizing Intel’s future Xeon processor, Granite Rapids-D. This achievement underscores the hub’s role as a … Read the full press release

Driving Toward a Greener Future: Daimler Buses Launches Hydrogen-Powered Mercedes-Benz eCitaro G fuel cell

(IN BRIEF) Daimler Buses introduces the groundbreaking Mercedes-Benz eCitaro G fuel cell at the mobility move 2024 conference in Berlin. This electric articulated bus, featuring NMC3 batteries and hydrogen fuel cell technology, offers an impressive range of up to 400 … Read the full press release

Ericsson and Intel Showcase Breakthrough in Core Network Energy Efficiency at MWC

(IN BRIEF) Ericsson and Intel have unveiled groundbreaking advancements in core network energy efficiency at Mobile World Congress (MWC), demonstrating a remarkable 3.2x performance increase and over 40 percent energy savings in core network servers using Intel® Xeon® Next-Gen processors. … Read the full press release

Ericsson Türkiye Spearheads AI-Driven 6G Security Solutions in ROBUST-6G Project

(IN BRIEF) Ericsson Research Türkiye leads the ROBUST-6G project, contributing to the development of cutting-edge security solutions for 6G networks. The project aims to address the cybersecurity challenges of future 6G services and networks by leveraging AI/ML techniques and zero-touch … Read the full press release

Barco Partners with Ingram Micro to Expand Distribution of ProAV Solutions in Singapore

(IN BRIEF) Barco, a leading provider of visualization technology, has appointed Ingram Micro, a prominent IT distributor in Asia Pacific, as its new distribution company for G-series projection and image processing solutions in Singapore. With Ingram Micro’s reputation for providing … Read the full press release

Anu Haapala Appointed Director of Development for University of Helsinki’s Teaching and Learning Services

(IN BRIEF) Anu Haapala, Doctor of Philosophy in Education, has been named the new director of development for the University of Helsinki’s Teaching and Learning Services sector, effective April 1, 2024. With a background spanning over a decade in research … Read the full press release

Boehringer Ingelheim’s Survodutide Shows Promising Results as Potential Best-in-Class Treatment for MASH in Phase II Trial

(IN BRIEF) Boehringer Ingelheim has reported compelling results from its Phase II trial of Survodutide, a novel glucagon/GLP-1 receptor dual agonist, indicating its potential to become a leading treatment for Metabolic Dysfunction-Associated Steatohepatitis (MASH). In the trial, up to 83.0% … Read the full press release

Outokumpu Oyj repurchased 267,107 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized its share repurchase program on February 23, 2024, acquiring a total of 267,107 of its own shares across various trading venues. The company’s buyback initiative, initiated on November 29, 2023, aimed to repurchase a maximum of … Read the full press release

Michelin, Antin, and Enviro Collaborate on Revolutionary Tire Recycling Plant in Sweden

(IN BRIEF) Michelin, in partnership with Antin and Enviro, has announced the construction of the first end-of-life tire recycling plant in Uddevalla, Sweden. This joint venture aims to recycle approximately 35,000 tons of used tires annually, creating up to 40 … Read the full press release

Reflecting on 27 Years: Stagecoach-Supertram Partnership

(IN BRIEF) After a remarkable 27-year partnership, Stagecoach and Supertram in South Yorkshire are parting ways as Supertram operations transition to the South Yorkshire Mayoral Combined Authority (SYMCA) on March 21, 2024. Throughout their tenure, the Supertram team has provided … Read the full press release

Stagecoach Shortlisted for ‘Employer of the Year’ at 2024 Ex-Forces in Business Awards

(IN BRIEF) Stagecoach, the UK’s largest bus and coach operator, has been recognized as a finalist in the ‘Employer of the Year’ category at the 2024 Ex-Forces in Business Awards for its commitment to employing veterans and building an inclusive … Read the full press release

ZEISS and University of Oxford Collaborate to Advance Biomedical Imaging

(IN BRIEF) The University of Oxford and ZEISS have inaugurated the Oxford-ZEISS Centre of Excellence in Biomedical Imaging, promising cutting-edge microscopy and imaging technologies to further research in global health and disease. This collaboration between the Kennedy Institute of Rheumatology, … Read the full press release

Sainsbury’s Launches Dedicated ‘Best of British’ Page to Spotlight Locally Sourced Products Online

(IN BRIEF) Sainsbury’s, the UK’s largest supermarket chain, has introduced a dedicated ‘Best of British’ page on its groceries website, showcasing over 450 100% British-sourced grocery items. This initiative aims to make it easier for customers to find and purchase … Read the full press release

Wolters Kluwer Earns HousingWire’s 2024 Tech100 Mortgage Award for Compliance Solutions Excellence

(IN BRIEF) Wolters Kluwer Compliance Solutions has been honored with the HousingWire 2024 Tech100 Mortgage Award, recognizing its innovative contributions to the U.S. mortgage industry. The award highlights Wolters Kluwer’s leadership in loan compliance technology and services, facilitating compliance certainty, … Read the full press release

MAN Truck & Bus Renews Inka Koljonen’s Contract as Executive Board Member

(IN BRIEF) MAN Truck & Bus SE’s Supervisory Board has extended Inka Koljonen’s contract as Executive Board member for Finance, IT, and Legal Affairs until 2030, effective February 1, 2025. Koljonen, who has been instrumental in MAN’s restructuring and turnaround … Read the full press release

MAN Truck & Bus Appoints Hubert Altschäffl as Executive Board Member for Human Resources

(IN BRIEF) MAN Truck & Bus SE has announced the appointment of Hubert Altschäffl to its Executive Board, effective April 1, 2024, where he will oversee the human resources department as a member of the board and labor director. Altschäffl … Read the full press release

Infineon Technologies AG Concludes 24th Annual General Meeting with Shareholder Resolutions and New Board Appointments

(IN BRIEF) Infineon Technologies AG recently wrapped up its 24th Annual General Meeting, conducted virtually and publicly broadcasted on the company’s website. Shareholders participated live, engaging in discussions and posing questions. Among the key outcomes, shareholders approved a dividend payment … Read the full press release

Henkel’s Bergquist Hi Flow THF 5000UT Receives Industry Recognition for Innovative Thermal Interface Material

(IN BRIEF) Henkel’s phase change thermal interface material (TIM), Bergquist Hi Flow THF 5000UT, has been honored by the 2024 Lightwave Innovation Reviews for its innovative contributions to fiberoptics and optoelectronics applications. Recognized for its silicone-free composition and ability to … Read the full press release

INEOS Automotive Introduces the INEOS Fusilier: A 4X4 with Dual Powertrain Options

(IN BRIEF) INEOS Automotive has revealed its latest model, the INEOS Fusilier, marking a milestone in the company’s commitment to zero-emission vehicles. Offering both all-electric and range-extender electric powertrain options, the Fusilier promises exceptional off-road performance without compromising on-road capabilities. … Read the full press release

EBRD Hosts Western Balkans Investment Summit 2024 to Foster Regional Development and Green Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to convene the Western Balkans Investment Summit 2024 at its London headquarters, gathering prime ministers from six Western Balkans nations alongside international investors. Scheduled for February 26, the … Read the full press release