Monthly Archives: May 2024

REN Unveils Ambitious Strategic Plan Focused on Sustainable Growth and Energy Transition

(IN BRIEF) REN, Redes Energéticas Nacionais, has revealed its Strategic Plan for 2024–2027, emphasizing its dedication to facilitating the Energy Transition while maintaining financial stability and operational excellence. The plan outlines ambitious sustainability goals, including significant reductions in emissions and … Read the full press release

Bosch Engineering and Ligier Automotive Push Boundaries with Hydrogen-Powered Racing Innovation

(IN BRIEF) Bosch Engineering and Ligier Automotive are advancing clean energy technologies in motorsport by enhancing their hydrogen-powered demonstrator vehicle. Recent intensive testing has focused on optimizing the vehicle’s engine and overall performance for endurance and robustness, achieving impressive power, … Read the full press release

NatWest’s UK Regional Business Activity Shows Growth Despite Employment Challenges

(IN BRIEF) The latest Regional PMI® survey data from NatWest reveals continued growth in business activity across most UK nations and regions in April, with London leading the expansion. Despite this positive trend, employment remains mixed, with only half of … Read the full press release

Siemens Launches Innovative Credential Program to Address Engineering Talent Gap

(IN BRIEF) Siemens Digital Industries Software introduces a groundbreaking program in collaboration with the University of Colorado Boulder and Pennsylvania State University to credential students and enhance career readiness in engineering fields. These industry-recognized credentials, endorsed by ABET, will supplement … Read the full press release

Siemens Unveils AI-Driven Solutions for Water Industry Optimization

(IN BRIEF) Siemens, a forefront technology company, introduces new AI-powered software applications tailored for the water and wastewater industry, aiming to streamline plant operations and enhance sustainability. These self-service solutions, such as SIWA Leak Finder and SIWA Blockage Predictor, leverage … Read the full press release

Volkswagen ID.7 Electric Saloon Makes History with Top Marks in ADAC Vehicle Test

(IN BRIEF) The Volkswagen ID.7 has achieved a historic milestone as the first vehicle ever to receive an overall rating of ‘very good’ with an average score of 1.5 in the rigorous ADAC vehicle test, conducted by experts from Europe’s … Read the full press release

EU Blue Champions Program Unveils Top Ocean Innovators, Promotes Sustainable Growth

(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release

Digi Communications N.V. Announces the convocation of the Company’s general shareholders meeting for 25 June 2024 for the approval of, among others, the 2023 Annual Report

(IN BRIEF) Digi Communications N.V., a major European telecom company, has scheduled its general shareholders meeting (GSM) for June 25, 2024, to discuss various key matters including the approval of the 2023 Annual Report and the distribution of dividends. The … Read the full press release

Garanti BBVA Sponsors ‘About the Air’ Exhibition Highlighting Social and Environmental Impact of Air Pollution

(IN BRIEF) Garanti BBVA is sponsoring the ‘Hava Dair’ (About the Air) exhibition at Salt’s Beyoğlu location, curated by Milan-based design studio 2050+. Free to the public until August 18th, the exhibition delves into the social and environmental consequences of … Read the full press release

British Gas Launches ‘You Pay: We Pay’ Initiative to Combat Fuel Poverty Among Customers

(IN BRIEF) British Gas has introduced a pioneering ‘You Pay: We Pay’ scheme, dedicating £15 million to assist customers struggling with fuel poverty by matching their energy payments over a six-month period. This initiative, launching in June, proactively identifies and … Read the full press release

Hydro Appoints New Leaders to Drive Future Growth and Strategy

(IN BRIEF) Hydro has announced significant changes to its Executive Leadership Team under the new leadership of President and CEO, Eivind Kallevik, who took office on May 13, 2024. Hanne Karine Simensen, previously the Head of Commercial in Hydro Aluminium … Read the full press release

Continental Introduces Groundbreaking High-Performance Computer in First Software-Defined Vehicle

(IN BRIEF) Continental has successfully integrated a cross-domain High-Performance Computer (HPC) into a car, marking a significant advancement in software-defined vehicle (SDV) technology. This innovative car hosts not only cockpit functionalities but also critical vehicle operations such as driving safety … Read the full press release

Sarajevo Launches Modern Trams in Major Public Transport Upgrade Funded by European Banks

(IN BRIEF) Sarajevo has introduced new modern trams for the first time in 40 years, a significant advancement supported by the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and other donors. The project, financed with … Read the full press release

Cotti Coffee Chooses Adyen’s Platform for Global Expansion and Enhanced Customer Experience

(IN BRIEF) Adyen, a leading financial technology platform, has partnered with Cotti Coffee to support the global coffee chain’s expansion into new international markets including Canada, Australia, Japan, Singapore, and the UAE. This strategic collaboration leverages Adyen’s single-platform solution to … Read the full press release

Mercedes-Benz eCitaro G Crowned Electric Bus Champion of 2024, Dominates Performance Tests

(IN BRIEF) The Mercedes-Benz eCitaro G, an all-electric articulated city bus, has been named the Electric Bus Champion of 2024 after excelling in the rigorous comparison test organized by Omnibusspiegel bus magazine in Bonn. This marks the second consecutive victory … Read the full press release

Salzgitter AG Navigates Economic Downturn with Modest Profits Amidst a Challenging Market

(IN BRIEF) In the first quarter of 2024, Salzgitter AG reported a downturn in performance due to a sluggish economy, particularly affecting its steel-related sectors in Germany. The company achieved an EBITDA of €126.4 million and a pre-tax profit of … Read the full press release

LANXESS Debuts High-Purity Aroma Chemicals at SIMPPAR, Emphasizes Sustainability in Perfumery

(IN BRIEF) At the SIMPPAR exhibition in Grasse, France, LANXESS showcased its comprehensive range of high-purity, nature-identical aroma chemicals for the first time, including innovative grades of Kalama benzyl benzoate and other developing aromatic ingredients. Featuring an array of floral, … Read the full press release

Energiekontor Advances Expansion with New Wind and Solar Projects, Eyes Gigawatt Milestone

(IN BRIEF) In the first quarter of 2024, Energiekontor AG, a prominent German developer of wind and solar parks, significantly expanded its portfolio, commissioning two new wind parks with a combined capacity of 29 megawatts, including the Jacobsdorf wind park … Read the full press release

SÜSS MicroTec Launches Innovative Hybrid Bonding Platform to Boost Semiconductor Production Efficiency

(IN BRIEF) SÜSS MicroTec SE introduces the XBC300 Gen2 D2W/W2W, a groundbreaking hybrid bonding platform designed for both 200 mm and 300 mm substrates, providing versatile wafer-to-wafer (W2W) and die-to-wafer (D2W) bonding capabilities. This platform is specifically tailored for semiconductor … Read the full press release

EDF Secures €5.8 Billion in Green Loans to Extend Life of French Nuclear Fleet

(IN BRIEF) EDF has successfully signed green bank loans totaling approximately €5.8 billion, with terms ranging from three to five years, facilitated by major international banks such as BNP Paribas and Bank of America. These funds are earmarked specifically for … Read the full press release

Barclays Defends Its Record on Sustainable Finance Amid Criticism from Investigative Report

(IN BRIEF) Barclays has publicly disputed claims by The Bureau of Investigative Journalism (BIJ) regarding its financing activities, specifically accusing BIJ of inaccurately attributing a disproportionate share of sustainability-linked financing to the bank. BIJ reported that Barclays facilitated $41 billion … Read the full press release

Barclays Advances Its Transition Financing, Cutting Emissions Amid Criticism on Fossil Fuel Investments

(IN BRIEF) Barclays is actively financing the transition of the energy sector by implementing strict policies and reducing financed emissions by 44% in the Energy sector and 26% in the Power sector from 2020 to 2023. Despite facing criticism for … Read the full press release

Telefónica Unveils New Sustainable NFT Collections in Harvverse Project to Transform Coffee Industry

(IN BRIEF) Telefónica has launched two new NFT collections, ‘Green’ and ‘Carbon’, as part of the Harvverse project, aimed at revolutionizing the coffee industry in Latin America through blockchain technology. These collections comprise 10 NFTs each, representing virtual agricultural assets … Read the full press release

Baltic Eagle Offshore Wind Farm Begins Installation, Targets 475,000 Homes with Renewable Energy by 2024

(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the final phase of construction. This 476 MW project is set to be fully operational by … Read the full press release

NatWest Social & Community Capital Adopts Total Impact Investment Approach

(IN BRIEF) NatWest Social & Community Capital (S&CC), a charity funded by NatWest since 1999 to support social enterprises, is launching a new investment policy known as the ‘Total Impact Approach’. This strategy will guide all investments to generate both … Read the full press release

Vodafone’s Pairpoint and Sensos Team Up to Enhance Global Supply Chain Security

(IN BRIEF) Pairpoint, a joint venture by Vodafone and Sumitomo Corporation, has partnered with Sony Semiconductors’ Sensos to address rising global supply chain fraud. The collaboration integrates Sensos’ AI-driven supply chain management tools with Pairpoint’s secure Economy of Things (EoT) … Read the full press release

Currys Partners with Accenture and Microsoft to Revolutionize Retail Operations Through AI

(IN BRIEF) Currys plc has teamed up with Accenture and Microsoft to overhaul its technology infrastructure using advanced AI solutions provided by Microsoft’s Azure OpenAI Service. This strategic move will not only simplify and secure Currys’ tech environment but also … Read the full press release

Eviden Launches New CloudSecOps Center in Romania to Enhance Cloud and Security Services

(IN BRIEF) Eviden, a business division of Atos Group specializing in digital, cloud, big data, and security, announced the opening of its new CloudSecOps Center in Timisoara, Romania. This center is part of Eviden’s expansive global network, which includes four … Read the full press release

Professor Daniel Arribas-Bel Honored with Royal Geographical Society Award

(IN BRIEF) Professor Daniel Arribas-Bel, a member of the University’s School of Environmental Sciences and Department of Geography and Planning, has been awarded the 2024 Taylor & Francis Award by the Royal Geographical Society for his outstanding contribution to teaching … Read the full press release

University of Manchester Wins at North West England University Confucius’ Dragon Boat Festival

(IN BRIEF) The University of Liverpool’s Confucius Institute celebrated the 2024 North West England University Confucius’ Dragon Boat Festival with an exciting race at the Livegrpool Watersports Centre. Participating universities, including the University of Manchester, University of Liverpool, Edge Hill … Read the full press release

Marias Gamesa Revives “Cafecito con Marias Gamesa” to Support Latina Moms Ahead of Mother’s Day

(IN BRIEF) Ahead of Mother’s Day, Marias Gamesa has relaunched its digital platform “Cafecito con Marias Gamesa,” in collaboration with the Super Mamás podcast, to foster a supportive community for Latina mothers in the U.S. The initiative responds to findings … Read the full press release

The Camera Never Lies”: An Exhibition on the Truth in Photography at Sainsbury Centre

(IN BRIEF) From May 18 to October 20, 2024, the Sainsbury Centre will host “The Camera Never Lies: Challenging Images through The Incite Project,” a pivotal exhibition investigating the truth and manipulation in iconic photography. This exhibit will explore the … Read the full press release

KPN Launches AI Information Sessions and Introduces Google Pixel 8a

(IN BRIEF) KPN is initiating AI information sessions in its stores to enhance customer understanding and use of artificial intelligence, coinciding with the launch of the Google Pixel 8a. These sessions aim to educate visitors about current and future AI … Read the full press release

Marel Initiates Pilot Project with Green Steel to Reduce Carbon Emissions

(IN BRIEF) Marel has embarked on a pilot project to utilize green steel, produced using renewable energy and recycled materials, in its manufacturing processes to reduce environmental impact. This initiative is part of Marel’s broader strategy to meet its Science-Based … Read the full press release

The Growing Dominance of Chicken Breast Meat in Global Markets

(IN BRIEF) Chicken breast meat, preferred for its health benefits and versatility, dominates markets in North America, Europe, and Oceania, with its popularity on the rise due to its ease of preparation and adaptability in various dishes. As consumer preferences … Read the full press release

Airbus Acquires Aerovel, Enhancing Tactical Unmanned Aerial Capabilities

(IN BRIEF) Airbus has completed the acquisition of U.S.-based Aerovel, integrating the advanced unmanned aerial system (UAS), Flexrotor, into its tactical solutions portfolio. The Flexrotor is a compact, vertical takeoff and landing (VTOL) UAS designed primarily for intelligence, surveillance, target … Read the full press release

Hapag-Lloyd and IKEA Supply Chain Operations Partner to Decarbonize Maritime Shipping

(IN BRIEF) Hapag-Lloyd has partnered with IKEA Supply Chain Operations to use sustainable biofuels for container shipments from Asia, a significant move towards maritime industry decarbonization. From March 2024 to February 2025, the partnership will utilize Hapag-Lloyd’s “Ship Green 100” … Read the full press release

Accenture and Mandiant Partner to Enhance Cyber Resilience Services

(IN BRIEF) Accenture and Mandiant, a Google Cloud company, have announced a strategic partnership to bolster cyber resilience services aimed at helping organizations better manage and recover from cyberattacks. This collaboration will see Accenture integrating Mandiant Threat Intelligence and expertise … Read the full press release

Digi Communications NV announces Investors Call for the presentation of the Q1 2024 Financial Results

(IN BRIEF) Digi Communications N.V., a prominent European telecommunications company, will host a conference call on May 15, 2024, at 14:00 UK time / 16:00 EEST to discuss its Q1 2024 financial results. The unaudited financial results will be published … Read the full press release

Olea and Standard Chartered Sign MOU to Enhance Support for SMEs

(IN BRIEF) Olea Global Pte Ltd, a leader in digital infrastructure platforms, has signed a memorandum of understanding with Standard Chartered to bolster small and medium-sized enterprises (SMEs). This strategic partnership aims to develop integrated supply chain solutions and other … Read the full press release