Daily Archives: 28, March 2024

FactEntry Acquisition Propels SIX as Premier Provider of Fixed Income Solutions

(IN BRIEF) SIX, a leading provider of financial data and analytics, has acquired a majority stake in FactEntry, a global fixed income data and solutions provider. The acquisition, finalized on March 27, 2024, enhances SIX’s data offerings, particularly in fixed … Read the full press release

Ericsson’s Anti-Corruption Compliance Program Receives Independent Certification

(IN BRIEF) Ericsson announced that its anti-corruption compliance program has been independently certified as effective by the compliance Monitor appointed by the U.S. Department of Justice. This certification marks significant progress since the resolution of historical violations of the Foreign … Read the full press release

Stora Enso Releases 2023 Green Financing Report Highlighting Environmental Impact

(IN BRIEF) Stora Enso has released its Green and Sustainability-Linked Financing Report for 2023, highlighting the allocation of proceeds from green bonds and bilateral loans. The report details the environmental benefits achieved through projects in sustainable forest management and product … Read the full press release

Borealis Achieves FDA Approval for Borcycle™ M Post-Consumer Recycled Plastics in Food-Grade Packaging

(IN BRIEF) Borealis has received Letters of No Objection (LNOs) from the US Food & Drug Administration (FDA) for specific grades of its Borcycle™ M post-consumer recycled plastics (PCR) to be used in food-grade packaging. This milestone underscores Borealis’ commitment … Read the full press release

NIB Partners with Aalto University Foundation to Enhance Campus Infrastructure in Espoo, Finland

(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release

Roland Berger Expands Presence in Abu Dhabi, Strengthening Commitment to Regional Growth

(IN BRIEF) Roland Berger, a global management consultancy, opens a new office in Abu Dhabi’s ADGM financial district, expanding its regional presence to five offices. The move reflects Roland Berger’s commitment to Abu Dhabi’s economic growth and diversification efforts. The … Read the full press release

Thales Unveils cortAIx: Europe’s Premier AI Accelerator for Critical Applications

(IN BRIEF) Thales, a leading European high-tech company in civil and defense sectors, announces the launch of cortAIx, an AI accelerator. cortAIx aims to equip armed forces, aircraft manufacturers, and critical infrastructure operators with secure and efficient AI solutions. Thales … Read the full press release

CANCOM Group Reports Strong Financial Performance for 2023, Forecasts Significant Growth for 2024

(IN BRIEF) CANCOM Group concluded the 2023 fiscal year with remarkable financial results, including a 17.8% increase in revenue to €1,522.7 million and a notable rise in EBITDA to €115.7 million. CEO Rüdiger Rath attributes this success to strategic acquisitions … Read the full press release

EDF Announces Leadership Changes to Drive Renewable Energy Growth

(IN BRIEF) EDF Renewables, a prominent player in renewable energy, is proposing Béatrice Buffon as its new Chairman and CEO. This change follows the decision of Bruno Bensasson, the current Chairman and CEO, to step down to pursue other opportunities. … Read the full press release

TotalEnergies Marks 100 Years of Energy Innovation and Leadership

(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release