(IN BRIEF) Ioannis Tsakiris, a former Greek deputy minister with extensive experience in finance and investments, has been appointed to the Management Committee of the European Investment Bank (EIB). Tsakiris, who previously served at the European Investment Fund (EIF) and … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged appointment, Christian Kettel Thomsen, EIB, Ioannis Tsakiris, leadership, management committee, Nadia Calviño
(IN BRIEF) Eviden, a leading business within the Atos Group specializing in advanced computing, introduces its new product line, “BullSequana AI.” This comprehensive offering comprises five AI server ranges tailored for various AI workloads, catering to different needs from edge … Read the full press release
(IN BRIEF) Eviden, a digital, cloud, big data, and security business within the Atos Group, partners with NVIDIA and the University of Maryland, Baltimore County (UMBC) Training Centers to establish a cutting-edge center for applied AI and edge AI training. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Applied AI Training, Atos, Baltimore County (UMBC), Dan Feldhusen, Eviden, Jon Lau, NVIDIA, partnership, sustainability, University of Maryland
(IN BRIEF) Airbus Helicopters has secured a contract with the Ministry of Defence of Brunei for the procurement of six H145M helicopters. The selection of the H145M underscores its reputation for high performance and versatility, with Brunei aiming to enhance … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Air Force, Airbus, Brunei, Bruno Even, H145M helicopters, partnership
(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Mads Nipper, offshore wind projects, Ørsted
(IN BRIEF) Omexom UK & RoI and Taylor Woodrow, subsidiaries of VINCI Energies and VINCI Construction respectively, have formed a joint-venture named OTW in the UK. OTW has been selected as a delivery partner for the Great Grid Partnership program, … Read the full press release
(IN BRIEF) The Australian Government has awarded Ocean Winds, a joint venture between ENGIE and EDP Renewables, exclusive development rights for the country’s inaugural offshore wind tender. This milestone grants Ocean Winds a feasibility license for a 150 km2 area … Read the full press release
(IN BRIEF) Daimler Buses’ Omniplus service brand celebrated excellence in bus and coach mechanics and technicians at the BusTech Challenge 2023/24, where over 500 participants from Omniplus service centers across 19 European countries competed. Thomas Schlatter from Switzerland emerged as … Read the full press release
(IN BRIEF) Adyen, a global financial technology platform, has teamed up with Tide, the UK’s top business financial platform, to introduce Tide business accounts in Germany, marking Tide’s entry into the European market. This collaboration signifies Adyen’s debut of its … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Small Business, Technology, United Kingdom
Tagged Adyen, Alexa von Bismarck, expansion, Germany, Netherland, Oliver Prill, partnership, SMEs, sustainability, Tide, UK
(IN BRIEF) Arkema has announced its agreement to acquire Dow’s flexible packaging laminating adhesives business, a major player in the industry with annual sales of approximately US$250 million. This acquisition will significantly enhance Arkema’s portfolio in flexible packaging, positioning the … Read the full press release
(IN BRIEF) ING Group has announced a share buyback programme, aiming to repurchase ordinary shares of ING Groep N.V. for a maximum total amount of €2.5 billion. The purpose of this programme is to converge their Common Equity Tier 1 … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, share buyback
(IN BRIEF) Plus Dane Housing, a social housing provider with over 13,500 homes across Merseyside and Cheshire, has embarked on a growth program to address social inequality and support vulnerable tenants, exacerbated by the Covid-19 pandemic. Seeking long-term financing to … Read the full press release
(IN BRIEF) Chemovator, BASF’s business incubator and early-stage investor, has finalized an investment in Heartland, a Detroit-based startup specializing in natural fiber plastic additives. This investment, part of Chemovator’s Elevate program for early-stage chemistry startups, aims to support Heartland’s innovative … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Chemovator, Fiber Plastic Additives, Gati Kalim, Heartland, investment, Jesse Henry, partnership, sustainability, Thomas Holcombe, USA
(IN BRIEF) BAE Systems has been chosen by NASA to develop the Atmospheric Composition instrument (ACX) for the National Oceanic and Atmospheric Administration’s (NOAA) Geostationary Extended Observations (GeoXO) satellite constellation. ACX, a hyperspectral imager, will provide hourly air quality measurements … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Atmospheric Composition instrument (ACX) Instrument, BAE Systems, Dr. Alberto Conti, Environmental Monitoring Mission, GeoXO, NASA, partnership, sustainability
(IN BRIEF) Brightline has announced Siemens Mobility as the “preferred bidder” to manufacture ten “American Pioneer 220” (AP 220) train sets for the Brightline West high-speed rail project connecting Las Vegas and Southern California, with service expected to commence in … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged AP 220, Brightline, Marc Buncher, Michael Reininger, partnership, Siemens, Siemens Mobility, sustainability, USA, West High-Speed Rail Project
(IN BRIEF) Heidelberg Materials has announced the acquisition of ACE Group, the largest supplier of pulverised fly ash in Malaysia, as part of its strategy to strengthen its presence in Southeast Asia and address the increasing demand for fly ash … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ACE Group, acquisition, Dr Nicola Kimm, Heidelberg Materials, Malaysia, partnership, Roberto Callieri, Southeast Asia, sustainability
(IN BRIEF) Schneider Electric, a leader in energy management and automation, has forged a three-year partnership with the WageIndicator Foundation to advance its living wage approach. This collaboration aims to make living wage data accessible worldwide, with the Foundation releasing … Read the full press release
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable diesel production, has initiated a collaboration with the Exponential Roadmap Initiative (ERI) to align its climate efforts with the UN Climate Change High-Level Champion’s Race to Zero. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged Climate Action, Exponential Roadmap Initiative, Johan Falk, Neste, Päivi Makkonen, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a groundbreaking Digital Transformation Financing Facility (DTFF) with a €25 million loan to Türk Ekonomi Bankası (TEB) in Türkiye, marking its inaugural transaction. Aimed at boosting the digital … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Technology, Turkey, United Kingdom
Tagged Ali Gokhan Cengiz, Arvid Tuerkner, digital transformation, EBRD, Mehmet Fatih Kacır, partnership, SMEs, sustainability, Türk Ekonomi Bankası, Turkey
(IN BRIEF) Rarebreed Dining, known for its steak-focused pubs including The Plough Inn, Cobham, and The Shurlock Inn, Twyford, has enlisted international real estate advisor Savills to conduct a strategic review of its business and property assets. With sites strategically … Read the full press release
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