(IN BRIEF) The Australian Government has granted feasibility licences to Ørsted for its first offshore wind project in Australia, with intentions to grant a licence for a second project pending consultation. These licences provide Ørsted with exclusive site access to … Read the full press release
(IN BRIEF) Wood, a prominent consulting and engineering firm, has secured a new 23-month contract from TotalEnergies (TEPUK) to support flare gas recovery in the North Sea as part of the Elgin-Franklin Flare Gas Recovery System Project. The contract, following … Read the full press release
(IN BRIEF) NatWest Group and the Federation of Small Businesses (FSB) have joined forces to introduce a new payments partnership aimed at bolstering support for small businesses across the UK. This collaboration, building on their longstanding relationship and previous initiatives … Read the full press release
(IN BRIEF) Garanti BBVA International, a subsidiary of Garanti BBVA known for its sustainable financing initiatives, has secured a $50 million sustainable loan agreement with Kordsa Teknik Tekstil A.Ş. (Kordsa). This collaboration aligns with Kordsa’s efforts to reduce environmental and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Turkey
Tagged BBVA, Garanti BBVA International, Kordsa, Mahmut Akten, partnership, sustainability, Turkey, Volkan Özkan
(IN BRIEF) Britt Meelby Jensen, the CEO of Ambu A/S, is nominated to join the Board of Directors at Hempel A/S, replacing Susanna Schneeberger. With over two decades of experience in the life science industry, including leadership roles at global … Read the full press release
Posted in Business, Chemicals, Denmark, Industrial, Management, News, Technology
Tagged Ambu A/S, appointment, Britt Meelby Jensen, CEO, Hempel A/S Board, leadership, Richard Sand, Susanna Schneeberger
(IN BRIEF) The latest EY CEO Outlook Pulse survey reveals a nuanced perspective among CEOs, with two-thirds expressing optimism for revenue and profit growth despite economic challenges. Prioritizing investments in technology, data management, and cybersecurity reflects a strategic pivot towards … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andrea Guerzoni, CEOs, economy, EY CEO Pulse Survey, Financial, investment, investors, sustainability
(IN BRIEF) Accenture has finalized the acquisition of CLIMB, a technology services provider renowned for its system integration and IT infrastructure management expertise, particularly in Gunma Prefecture. This strategic move, initially announced on April 8, 2024, brings approximately 230 professionals, … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology
Tagged Accenture, acquisition, CLIMB, digital transformation, Japan, partnership
(IN BRIEF) Safran Helicopter Engines has inked a substantial support-by-the-hour deal with DRF Luftrettung, encompassing maintenance and repair services for over 90 Arriel 2E engines powering its H145 helicopter fleet. The agreement, managed by Safran Helicopter Engines Germany, highlights the … Read the full press release
(IN BRIEF) Barclays has extended its partnership with British Gas to offer residential mortgage customers a discounted British Gas Home Health Check for £50, including an Energy Performance Certificate (EPC) at no extra cost. Aimed at addressing homeowners’ confusion about … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Barclays, British Gas, Dan Rosenfield, Discounted Home Health Check, Mortgage Customers, Nick Stace, partnership, sustainability
(IN BRIEF) Vodafone has become a Premier member of LF Edge, an organization under the Linux Foundation focused on advancing edge computing globally. With this membership, Vodafone aims to actively contribute to LF Edge’s governance and drive the development of … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Arpit Joshipura, Innovative Edge Computing Applications, InstantX, LF Edge, Linux Foundation, partnership, Sampada Basarker, vodafone
(IN BRIEF) Vodafone and Nokia have concluded a successful three-month Open RAN trial in the Alpine towns of Arcisate and Sernio, Italy, leveraging a live 5G standalone (5G SA) test network. The trial showcased impressive results, achieving gigabit download speeds … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Telecom, United Kingdom
Tagged Finland, Mark Atkinson, Nokia, Northern Italy, Open RAN Trial, partnership, Santiago Tenorio, sustainability, vodafone
(IN BRIEF) DHL Supply Chain (DSC) unveils strategic leadership changes aimed at fortifying its global presence and preparing for future challenges. With the appointment of new members and a partial restructuring of roles within the Global Board of Management, DSC … Read the full press release
(IN BRIEF) The Fraunhofer-Gesellschaft initiates a groundbreaking project in Münster, Germany, by commissioning a research factory for battery cells, set to bolster the region’s electromobility sector. Partnering with Siemens AG, the project aims to revolutionize battery production, positioning “Made in … Read the full press release
(IN BRIEF) Iberdrola Deutschland and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, have entered a 15-year power purchase agreement (PPA) to drive low-CO2 steel production and support industry decarbonization. Commencing in 2025, Iberdrola will supply over 900 GWh of … Read the full press release
(IN BRIEF) INEOS Nitriles announces the world’s first sales of INVIREO™, a groundbreaking bio-based Acrylonitrile, essential for carbon fibre production and water purification. Produced through a certified mass balance route, INVIREO™ offers a remarkable 90% reduction in carbon footprint compared … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Bio-based Acrylonitrile Production, Gordon Adams, INEOS, INVIREO™, Nitriles, sustainability
(IN BRIEF) Dr. Jens Schulte is set to assume the role of Chief Financial Officer (CFO) at thyssenkrupp AG starting June 1, succeeding Dr. Klaus Keysberg who will retire on May 31. Approved by the Supervisory Board last November, Schulte … Read the full press release
Posted in Business, Germany, Industrial, Investment, Management, Metals and Minerals, News
Tagged appointment, CFO, Dr. Klaus Keysberg, Jens Schulte, leadership, Miguel López, Prof. Siegfried Russwurm, ThyssenKrupp AG
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing up to €28.45 million to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital, Dushanbe. This project marks the third initiative under the Dushanbe Green City … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, Odile Renaud-Basso, partnership, sustainability, Tajikistan, Transport Solutions
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs), including the European Bank for Reconstruction and Development (EBRD), presented their shared vision on the role of MDBs in supporting the circular economy. … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Circular Economy Vision, EBRD, economy, Gianpiero Nacci, Multilateral Development Banks, partnership, sustainability, WCEF 2024
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has injected US$60 million into TBC Bank Georgia’s public placement of US$300 million Additional Tier 1 (AT1) capital notes, marking TBC’s return to international capital markets since 2019. This investment, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, GEORGIA, investment, partnership, TBC Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Swiss government are teaming up to provide €2.7 million towards the completion of vital water projects in Fayzobod, Tajikistan. This financial package will support upgrades to water supply … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, United Kingdom
Tagged EBRD, investment, Odile Renaud-Basso, partnership, sustainability, Swiss Government, Switzerland, Tajikistan, water infrastructure
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