Monthly Archives: May 2024

Swissport Makes Strides Towards Sustainability Goals with Electric Vehicle Rollout at Basel and Geneva Airports

(IN BRIEF) Swissport, a prominent airport ground service provider, is advancing its sustainability agenda with the introduction of new electric vehicles (EVs) at Basel and Geneva airports. Aligned with the Science-Based Targets initiative, Swissport aims to achieve short-term CO2 reduction … Read the full press release

European Parliament Approves Landmark Pharmaceutical Legislation Reform, Calls for Further Enhancements

(IN BRIEF) The European Parliament has achieved a significant milestone by approving the first reading of extensive reforms to EU pharmaceutical legislation aimed at fostering innovation and ensuring equitable access to medicines. While commending the progress, the European Society of … Read the full press release

Valokuitunen: Transforming Finland’s Fiber Landscape with CapMan Infra and Telia Company

(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release

Swiss Re Forecasts Surge in Life Insurance Profits as Interest Rates Rise

(IN BRIEF) Swiss Re Institute predicts a significant upswing in profitability for the life insurance industry as global interest rates climb, with an estimated additional USD 1.5 trillion in global life savings premiums projected over the next decade. Higher interest … Read the full press release

Eviden and Athumi Revolutionize Data Monetization with Groundbreaking Clearing House Solution

(IN BRIEF) Eviden, a digital, cloud, big data, and security leader within the Atos Group, partners with Athumi, a data utility company, to integrate Eviden’s innovative ‘clearing house as-a-service’ solution. This groundbreaking implementation facilitates trust management, authorization, contract management, and … Read the full press release

DNV Assists SN Aboitiz Power Group in Pioneering Battery Energy Storage System at Magat Hydroelectric Plant

(IN BRIEF) DNV, a renowned energy expert and assurance provider, has collaborated with SN Aboitiz Power Group (SNAP) in the development of a groundbreaking Battery Energy Storage System (BESS) co-located with the Magat Hydroelectric Power Plant in the Philippines. The … Read the full press release

Moody’s Elevates TAG Immobilien AG to Investment Grade Amid Strong Performance

(IN BRIEF) Moody’s, the international rating agency, has upgraded TAG Immobilien AG’s long-term credit rating to ‘investment grade, Baa3, outlook stable,’ citing the company’s robust operational performance and disciplined financial strategy amidst challenging market conditions driven by escalating interest rates. … Read the full press release

TotalEnergies Greenlights Expansion in Brazil with Atapu and Sépia Fields Development Phases

(IN BRIEF) TotalEnergies, in collaboration with Petrobras and partners in the Atapu and Sépia consortiums, has approved the Final Investment Decision (FID) for the second development phases of the Atapu and Sépia fields situated in the pre-salt Santos Basin, offshore … Read the full press release

RWE Initiates Nordseecluster: Pioneering Offshore Wind Project to Catalyze Green Energy Transition

(IN BRIEF) In a significant move towards bolstering Germany’s energy transition and contributing to global decarbonization efforts, RWE has announced the commencement of its Nordseecluster project. This groundbreaking initiative entails the construction of offshore wind farms with a cumulative capacity … Read the full press release

Milestone Reached: First Caisson Laid for Genoa’s New Breakwater Project

(IN BRIEF) Today marks a significant milestone in the construction of the new breakwater off the port of Genoa as the first caisson, out of over 90 planned, was laid at a depth of 25 meters. The event saw the … Read the full press release

EIB President Calviño Engages in Strategic Talks during Portugal Visit

(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group (EIB Group), embarked on a diplomatic mission in Portugal, engaging in crucial discussions aimed at bolstering strategic investments and partnerships in the country. Meeting with key figures including Minister … Read the full press release

EIB Partners with Castilla y León Government to Boost SMEs with €25 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has inked a €25 million loan agreement with the regional government of Castilla y León through the Institute for Business Competitiveness of Castilla y León (ICECyL), aiming to support small and medium-sized enterprises … Read the full press release

Fincantieri Marinette Marine Secures $1 Billion Contract for US Navy Frigates

(IN BRIEF) The Department of Defense has awarded Fincantieri Marinette Marine (FMM) a significant contract exceeding 1 billion US dollars to construct the fifth and sixth Constellation-class frigates for the US Navy. This contract, part of a larger agreement signed … Read the full press release

Italian and French Navies Test Cyber Resilience in Tyrrhenian Sea

(IN BRIEF) In a groundbreaking exercise conducted during the Mare Aperto 24/Polaris operation, the Italian and French navies assessed the cyber resilience of their platform system networks aboard the Italian Navy’s aircraft carrier Cavour in the Tyrrhenian Sea. Spearheaded by … Read the full press release

Lightsource bp Partners with CSIC to Study Lesser Kestrel Habitat Use in Andalusia

(IN BRIEF) In a collaborative effort, Lightsource bp has teamed up with scientists from the CSIC Biological Station in Spain to conduct a groundbreaking study on the habitat use of Lesser Kestrels in Andalusia. Nine kestrels have been equipped with … Read the full press release

Hüseyin Özhan Appointed Acting Managing Director for Central Asia by EBRD

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Hüseyin Özhan as the acting Managing Director for Central Asia, succeeding Zsuzsanna Hargitai. Özhan, a Turkish national, will commence his role on June 1, 2024, continuing to be … Read the full press release

Philips Introduces VeriSight Pro Catheter for Image-Guided Cardiac Procedures in Hong Kong Hospitals

(IN BRIEF) Royal Philips announces the introduction of its real-time 3D Intracardiac Echocardiography (ICE) catheter, VeriSight Pro, in hospitals across Hong Kong, marking its first clinical use outside the US or Canada. The catheter, guided into the heart’s chambers through … Read the full press release

Rheinmetall Secures Major NATO Order for Artillery Ammunition

(IN BRIEF) Rheinmetall announces a significant order from a NATO customer for the supply of artillery ammunition, totaling nearly €300 million. The order includes tens of thousands of artillery shells and hundreds of thousands of propellant charge modules, with deliveries … Read the full press release

University of Twente’s ITC Faculty Wins BNA Best Building of the Year 2024 Award

(IN BRIEF) The University of Twente’s ITC Faculty has been honored with the prestigious BNA Best Building of the Year 2024 award, recognizing its exceptional architectural design and sustainability. The transformation of the former brutalist laboratory into an open and … Read the full press release

DNV Clinches Technical Advisory of the Year Award at 2024 Wind Investment Awards

(IN BRIEF) DNV, a leading assurance and risk management provider, secures the prestigious Technical Advisory of the Year honor at the 2024 Wind Investment Awards. This recognition highlights DNV’s exceptional contributions to the wind industry, particularly in the UK, where … Read the full press release

IKEA UK and Woodgreen Unite in Heartwarming Collaboration to Aid Shelter Pets

(IN BRIEF) In a touching initiative, IKEA UK and Woodgreen partner to produce ‘Cat-alogue’ and ‘Dog-alogue’ lookbooks featuring shelter pets amidst IKEA’s new UTSÅDD pet furniture range, aiming to raise awareness about pet adoption and provide inspiration for creating comfortable … Read the full press release

Bechtle Recognized as Best Managed Company, Setting Benchmark for Strategic Vision and Innovation

(IN BRIEF) Bechtle AG receives acclaim at the prestigious Best Managed Companies Awards, hosted by Deloitte Private, UBS, FAZ, and BDI, for its exceptional leadership and role-model status in shaping the future through strategic vision, innovation, and forward-thinking management culture. … Read the full press release

PUMA Collaborates with Lost Management Cities for Retro GV Special Sneaker Revival

(IN BRIEF) PUMA partners with Seoul-based Lost Management Cities to reintroduce the iconic 2024 GV Special sneaker from PUMA’s archives. Inspired by ‘80s tennis culture, Lost Management Cities infuses the silhouette with a playful color scheme, incorporating hand-finished details like … Read the full press release

Dürr Delivers Milestone Painting Robot for Audi’s Electric Vehicle Line

(IN BRIEF) Dürr, a leading mechanical and plant engineering company, reached a significant milestone by producing its 18,000th painting robot for Audi in Ingolstadt. The EcoRP L033i robot, equipped with Dürr’s latest EcoBell4 atomizer featuring 4-main-needle technology, will be installed … Read the full press release

Equinor and Partners Invest NOK 12 Billion to Boost Gas Infrastructure in Troll West

(IN BRIEF) Equinor and Troll partners have committed to investing over NOK 12 billion to enhance the gas infrastructure in the Troll West gas province, aiming to accelerate production from the reservoir and sustain high gas export levels leading up … Read the full press release

Equinor Declares Cash Dividend for Q4 2023

(IN BRIEF) Equinor ASA announced an ordinary cash dividend of USD 0.35 per share and an extraordinary cash dividend of USD 0.35 per share for the fourth quarter of 2023. The NOK cash dividend per share is calculated based on … Read the full press release

Rolls-Royce Partners with Balfour Beatty for Raynesway Site Expansion

(IN BRIEF) Rolls-Royce has enlisted leading infrastructure group Balfour Beatty as its construction partner for the expansion of its Raynesway site in Derby, doubling its Submarines site to meet Royal Navy demands following last year’s AUKUS announcement. With Australia committing … Read the full press release

Barclays and Unreasonable Impact Welcome 12 Ventures Advancing Sustainability in Asia Pacific

(IN BRIEF) Unreasonable Impact, in collaboration with Barclays, has unveiled the latest cohort of ventures joining its Asia Pacific program, aimed at fostering sustainable solutions to pressing societal and environmental challenges. The 12 ventures selected span diverse sectors, from healthcare … Read the full press release

DHL’s Decades-Long Parcel Revolution: From Post Offices to High-Tech Hubs

(IN BRIEF) Thirty years ago, Deutsche Post embarked on a groundbreaking endeavor, constructing 33 cutting-edge parcel centers across Germany, revolutionizing the country’s parcel logistics landscape. The centers, equipped with state-of-the-art technology, streamlined operations, drastically reducing parcel handling times and improving … Read the full press release

Hungarian Legal Expert Appointed as National Member for Eurojust

(IN BRIEF) Ms. Eszter Mária Köpf, a seasoned legal professional with extensive experience in international and European legal affairs, has been appointed as the new National Member for Hungary at Eurojust, succeeding Mr. László Venczl. With a background in prosecuting … Read the full press release

Software République Unveils U1st Vision: Redefining Proximity Services with Innovative Mobility Solutions

(IN BRIEF) Software République introduces the groundbreaking “U1st Vision” concept, revolutionizing the paradigm from ‘mobility services’ to ‘services being mobile’. Collaborating with 22 companies, including EssilorLuxottica, Praesens, and Withings, the initiative presents a modular concept vehicle and planning tools aimed … Read the full press release

BT Group Partners with Degreed to Revolutionize Workplace Learning with AI-Powered My Campus Platform

(IN BRIEF) BT Group has collaborated with data-driven learning specialists Degreed to introduce its AI-enhanced My Campus platform, aimed at providing personalized learning experiences for its employees. Over the past year, BT Group has been implementing My Campus as its … Read the full press release

Mauritius Partners with Thales for Next-Generation National Identity System

(IN BRIEF) The Mauritius Prime Minister’s Office (PMO) has collaborated with Thales to implement an advanced National ID system, marking a significant step in the country’s digital transformation. Thales, in partnership with Mauritian IT provider Harel Mallac Technologies (HMT), will … Read the full press release

Lagardère SA Appoints Grégoire Castaing as Assistant Managing Director for Finance

(IN BRIEF) Lagardère SA has strengthened its management structure with the appointment of Mr. Grégoire Castaing as Assistant Managing Director responsible for Finance, effective June 3, 2024. With extensive experience in financial leadership roles, including at Canal+ Group, Castaing will … Read the full press release

Philips Launches Nationwide Ambulatory Cardiac Monitoring Service in Spain

(IN BRIEF) Royal Philips has successfully introduced its ambulatory cardiac monitoring service nationwide in Spain, employing its wearable ePatch paired with the AI-driven Cardiologs analytics platform. Fourteen healthcare providers across Spain are utilizing the ePatch extended wear Holter monitors to … Read the full press release

Stellantis Launches Second Tranche of €1 Billion Share Repurchase Program

(IN BRIEF) Stellantis N.V. announced the commencement of the second tranche of its Share Buyback Program, covering up to €1 billion of the total €3 billion program, starting from May 23, 2024, until August 30, 2024. Under this agreement, Stellantis … Read the full press release

ABB Appoints New Presidents for Electrification and Motion Business Areas

(IN BRIEF) ABB has named Giampiero Frisio as the President of its Electrification Business Area and Brandon Spencer as the President of its Motion Business Area, effective August 1, 2024. Both Frisio and Spencer, currently serving as Division Presidents within … Read the full press release

ASML and TU/e Forge Path to Semiconductor Innovation with Expanded Collaboration

(IN BRIEF) ASML and Eindhoven University of Technology (TU/e) are set to enhance their collaboration with a new agreement signed on May 23, aiming to drive innovation in semiconductor technology. Over the next decade, the partnership will see nearly a … Read the full press release

ASML and TU/e Strengthen Collaboration to Drive Semiconductor Innovation

(IN BRIEF) ASML and Eindhoven University of Technology (TU/e) have solidified their partnership with a significant expansion aimed at fostering innovation in semiconductor technology. Over the next decade, nearly a hundred PhD students will engage in collaborative research, focusing on … Read the full press release

Ericsson Report Forecasts Doubling of AR Device Adoption in Next Five Years

(IN BRIEF) A new report from Ericsson ConsumerLab reveals insights into the future of augmented reality (AR) technology, based on a survey of 10,000 early adopter consumers across ten markets. The report, titled “Augmented Tomorrow: AR Experiences Beyond Smartphones and … Read the full press release