Monthly Archives: April 2024

Unitaid Grants Additional Funding to University of Liverpool-led LONGEVITY Project for Long-Acting Infectious Disease Therapeutics

(IN BRIEF) Unitaid has allocated over £6 million in new funding to the University of Liverpool-led LONGEVITY project, aimed at enhancing long-acting therapeutics for tuberculosis, malaria, and hepatitis C. Started in 2020, the project has achieved preclinical milestones for long-acting … Read the full press release

Hiab Secures EUR 7.3 Million Order for WALTCO Tail Lifts from Major US Retailer

(IN BRIEF) Hiab, a division of Cargotec, has announced a significant order worth EUR 7.3 million for WALTCO tail lifts in the US from a national discount retailer, booked in Cargotec’s Q1 2024 orders. The retailer, with numerous stores across … Read the full press release

Panasonic Implements Advanced AI Tire Pressure Monitoring System in TiMO A e-Assisted Bike with STMicroelectronics’ Edge AI Solutions

(IN BRIEF) STMicroelectronics (NYSE: STM) has announced Panasonic Cycle Technology’s adoption of the STM32F3 microcontroller (MCU) and edge AI development tool, STM32Cube.AI, for their TiMO A e-assisted bike. This collaboration introduces an innovative tire pressure monitoring system (TPMS) using advanced … Read the full press release

Evonik’s DEGACRYL® Specialty Acrylate Production Goes Green with Renewable Energy

(IN BRIEF) Evonik’s Coating & Adhesive Resins Business Line in Darmstadt, Germany, has transitioned its production of DEGACRYL® specialty acrylates to renewable energy sources, reducing annual CO2 emissions by approximately 1,400 metric tons. This move aligns with the business line’s … Read the full press release

CompuGroup Medical Welcomes New Digitization Experts to German Healthcare Sector

(IN BRIEF) CompuGroup Medical SE & Co. KGaA (CGM), a leading e-health provider, has announced the appointment of two renowned digitization experts in the German healthcare system. Max Müller has assumed leadership of the CLICKDOC & m.Doc business area, while … Read the full press release

Arkema Launches Innovative Employer Brand Campaign: ‘What Are You Made Of?’

(IN BRIEF) Arkema unveils its new employer brand campaign, “What Are You Made Of?”, aimed at attracting and selecting candidates based on their unique combination of skills, qualities, and personality traits. Departing from traditional hiring approaches, Arkema emphasizes the importance … Read the full press release

AGL Credit Management and Barclays Launch AGL Private Credit Platform

(IN BRIEF) AGL Credit Management LP (“AGL”) and Barclays Plc (“Barclays”) have announced an exclusive Cooperation Agreement and the introduction of a new private credit investment platform, AGL Private Credit (“AGL PC”). AGL PC merges AGL’s established credit expertise with … Read the full press release

Telefónica Tech Launches Enhanced Vulnerability Management Service with Tenable to Safeguard Companies’ Attack Surfaces

(IN BRIEF) Telefónica Tech introduces an upgraded version of its global Vulnerability Management service, integrated within its cybersecurity services brand ‘NextDefense,’ aimed at managing companies’ entire attack surfaces to proactively anticipate threats and prevent future attacks. Leveraging Tenable’s exposure management … Read the full press release

DHL Expands Parcel Locker Network in Sweden to Cater to Growing E-commerce Demands

(IN BRIEF) DHL announces plans to expand its out-of-home delivery network in Sweden by introducing approximately 1,000 new parcel lockers in 2024, focusing primarily on metropolitan areas. Partnering with iBoxen, DHL aims to strengthen its capacity and capabilities in the … Read the full press release

U.S. Air Force Completes EPAWSS IOT&E, Validates F-15’s Enhanced Electronic Warfare Capabilities

(IN BRIEF) The U.S. Air Force has successfully concluded the Initial Operational Test & Evaluation (IOT&E) of the Eagle Passive Active Warning Survivability System (EPAWSS), a critical milestone that confirms the transformative capabilities brought by BAE Systems’ advanced system to … Read the full press release

Aviva Partners with Joe Wicks and Strava to Encourage Nationwide Wellbeing Revolution

(IN BRIEF) Aviva collaborates with fitness icon Joe Wicks and Strava to launch the #MoveWithAviva challenge, aiming to inspire individuals across the nation to prioritize their health and wellness. In response to findings revealing common barriers to exercise, such as … Read the full press release

Lloyds Banking Group Leads £3 Million Investment in Coadjute to Revolutionize Home Buying Process

(IN BRIEF) Lloyds Banking Group spearheads a £3 million investment in Coadjute, a groundbreaking fintech aimed at streamlining the home buying journey by connecting all stakeholders. Joined by NatWest, Nationwide, and Rightmove, Lloyds’ investment underscores its commitment to leveraging technology … Read the full press release

MONETA and EIB Team Up to Boost Sustainable Business Growth in Czechia

(IN BRIEF) In a strategic move, MONETA secures a €100 million loan from the European Investment Bank (EIB), earmarked to enhance economic prospects for small and mid-sized businesses in Czechia. With a commitment to allocate at least 12% of the … Read the full press release

Borealis Expands Circular Economy Commitment with Acquisition of Integra Plastics AD

(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release

DB and Industry Leaders Champion Digital Automatic Coupling for Rail Freight Efficiency

(IN BRIEF) Dr. Sigrid Nikutta, a board member of DB, unveils the successful practical tests of a digital freight train, marking a significant advancement in Europe’s rail freight transport system. The introduction of Digital Automatic Coupling (DAK) as a new … Read the full press release

Former DSV CEO Jens Bjørn Andersen to Chair STARK Group’s External Board

(IN BRIEF) STARK Group, after three years under CVC Capital Partners, appoints former DSV CEO Jens Bjørn Andersen to establish its external board. Andersen, known for his transformative leadership at DSV, expresses excitement about joining STARK Group during its impressive … Read the full press release

Societe Generale and AllianceBernstein Launch Joint Venture “Bernstein” for Global Equity Business

(IN BRIEF) Societe Generale (GLE) and AllianceBernstein (AB) have officially launched Bernstein, a joint venture aimed at establishing a prominent global cash equities and equity research enterprise. This collaboration, stemming from an announcement made in November 2022, signifies a significant … Read the full press release

Solvay Joins Cyber Security Coalition to Bolster Global Cyber Defense

(IN BRIEF) Solvay has announced its membership in the Cyber Security Coalition, marking a strategic move to enhance its cyber defense capabilities and foster a secure digital environment. This alignment with Solvay’s global cybersecurity strategy reflects its commitment to safeguarding … Read the full press release

ARBURGadditive Showcases Advanced 3D Printing Technology at Rapid.Tech Anniversary

(IN BRIEF) ARBURGadditive will participate in the 20th anniversary of Rapid.Tech in Erfurt from May 14 to 16, 2024, showcasing two innovative exhibits: a large freeformer 750-3X operating on plastic granules and an LiQ 5 for 3D printing liquid silicone … Read the full press release

Atos SE to Present Refinancing Framework to Financial Creditors

(IN BRIEF) Atos SE has scheduled a presentation of its refinancing framework to its financial creditors on April 8, 2024, following the announcement made on March 26. Creditors holding unsecured financial debt of Atos SE are urged to contact Kroll, … Read the full press release