Monthly Archives: June 2024

Vodafone Germany Partners with FlyNex to Launch DroNet Hub, Revolutionizing Commercial Drone Operations

(IN BRIEF) Vodafone Germany and FlyNex have collaborated to introduce DroNet Hub, an innovative online platform simplifying commercial drone operations for businesses. This comprehensive platform streamlines flight planning, data collection, and analysis, offering real-time data transmission and AI-driven automated reporting. … Read the full press release

Deutsche Telekom Strengthens Majority Stake in T-Mobile US Through SoftBank Agreement

(IN BRIEF) Deutsche Telekom has announced its acquisition of approximately 6.7 million additional shares in its subsidiary, T-Mobile US (TM US), through a strategic agreement with SoftBank from Japan. This move comes as Deutsche Telekom exercises call options on TM … Read the full press release

Siemens Unveils Groundbreaking Circuit Breaker with Biomass-Balanced Plastics

(IN BRIEF) Siemens Smart Infrastructure and BASF have partnered to introduce a groundbreaking innovation in electrical safety products, unveiling the first circuit breaker to incorporate components made from biomass-balanced plastics. The SIRIUS 3RV2 circuit breaker utilizes materials derived from renewable … Read the full press release

Shell plc Announces Dividend Payments for Q1 2024

(IN BRIEF) Shell plc’s Board unveiled today the equivalent dividend payments for the first quarter 2024 interim dividend, originally announced on May 2, 2024, at US$0.344 per ordinary share. Shareholders were granted the option to receive dividends in US dollars, … Read the full press release

Unlocking the Potential: DNV Highlights Industry Collaboration for UK Energy Digital Twins

(IN BRIEF) DNV’s latest research report underscores the critical role of collaboration and trust in harnessing digital twins to drive the UK’s energy transition. Titled Connected Digital Twin Insights: Rising to the Challenge across the UK Energy Sector and Beyond, … Read the full press release

Breakthrough Phase II Trial Data Reinforces Potential of Survodutide as Leading MASH Treatment

(IN BRIEF) In a significant stride towards combating metabolic dysfunction-associated steatohepatitis (MASH), Boehringer Ingelheim unveils groundbreaking results from a Phase II trial sub-analysis of survodutide. Demonstrating impressive efficacy, up to 64.5% of adults with moderate to advanced fibrosis stages F2 … Read the full press release

Autogrill and Gruppo Hera Forge Alliance to Propel Circular Economy Initiatives

(IN BRIEF) Autogrill, a leading travel foodservice provider, and Gruppo Hera, a major Italian multiutility, have forged a strategic alliance to drive circular economy initiatives, sustainable mobility, and environmental communication in alignment with the UN’s Agenda 2030. The one-year agreement … Read the full press release

Bioengineering Breakthrough Promises Enhanced Bone Regeneration

(IN BRIEF) Scientists have unveiled a groundbreaking bioengineering breakthrough that could revolutionize bone regeneration treatments, offering hope for patients with severe skeletal injuries or bone loss due to diseases like cancer. This innovative approach, developed by researchers in Scotland, harnesses … Read the full press release

Swisscom Partners with NVIDIA to Launch Swiss AI Platform

(IN BRIEF) Swisscom, in collaboration with NVIDIA, introduces the Swiss AI Platform, a cutting-edge infrastructure designed for developing trustworthy AI applications. Offering modular services including access to NVIDIA supercomputers, generative AI tools, and a model library, the platform ensures flexibility … Read the full press release

Níall McLaughlin Architects Clinch Top Prize at Prestigious Brick Award

(IN BRIEF) Wienerberger’s renowned Brick Award, held biannually since 2004 to celebrate ingenuity and excellence in brick architecture, concluded its eleventh edition in Vienna. Among 743 entries from 54 nations, the jury, comprising esteemed architects from around the globe, selected … Read the full press release

Collaborating for Health: University of Liverpool Leaders Engage with MLW’s Innovative Research in Malawi

(IN BRIEF) Senior leaders from the University of Liverpool, including the Provost and Deputy Vice-Chancellor Professor Richard Black, recently visited the Malawi-Liverpool Wellcome Programme (MLW) in Blantyre, Malawi, to observe advancements in research, facilities, and healthcare initiatives. Established in 1995, … Read the full press release

XTX Markets Commits £510k Donation to Aid University of Liverpool’s Support for Ukrainian Scholars

(IN BRIEF) Algorithmic trading firm XTX Markets has announced a significant £510k donation to the University of Liverpool through its Academic Sanctuaries Fund, aimed at supporting Ukrainian academics and students affected by the ongoing conflict. The generous funding will facilitate … Read the full press release

University of Helsinki Welcomes Linda Mannila as Inaugural Swedish-Language Computer Science Professor

(IN BRIEF) Associate Professor Linda Mannila assumes the inaugural Swedish-language professorship in computer science at the University of Helsinki, funded by seven Swedish-language foundations. Her research focuses on the societal impacts of artificial intelligence (AI), particularly addressing ethical considerations and … Read the full press release

Technicolor Group’s Global Leadership Celebrates the Premiere of LIFE Song’s French Version at UNESCO Event

(IN BRIEF) At the UNESCO event ‘Connecting People and Planet through Education’ held at the UNESCO headquarters in Paris, France, on May 30, 2024, Technicolor Group’s global leadership played a pivotal role in unveiling the French language rendition of the … Read the full press release

CEB Award Recognizes Warsaw Ukrainian School’s Exceptional Efforts in Refugee Integration

(IN BRIEF) The Warsaw Ukrainian School (SzkoUA) receives the prestigious CEB Award for Social Cohesion for its outstanding efforts in integrating refugee children from Ukraine, offering a dual Ukrainian-Polish curriculum and prioritizing mental well-being through access to psychological support. Established … Read the full press release

Lindner Group Showcases Innovative Fire Protection Solutions at FeuerTrutz 2024

(IN BRIEF) At FeuerTrutz 2024 in Nuremberg, Lindner Group unveils its latest fire protection solutions, including the LMD F30 metal fire protection ceiling with a unique drop-slide function and the Fireshield inspection opening closure. With over 55 years of industry … Read the full press release

Infineon Unveils 600 V CoolMOS™ S7TA Superjunction MOSFET for Automotive Power Management

(IN BRIEF) Infineon Technologies AG has launched the 600 V CoolMOS™ S7TA Superjunction MOSFET, a breakthrough for automotive power management, boasting an integrated temperature sensor for enhanced accuracy. Tailored for automotive environments, the S7TA promises improved durability, safety, and efficiency … Read the full press release

Tube Investments of India (TII) Executive Vice-Chairman Vellayan Subbiah Crowned EY World Entrepreneur Of The Year™ 2024

(IN BRIEF) Tube Investments of India (TII) and Cholamandalam Investment and Finance Co. Ltd.’s Executive Vice-Chairman, Vellayan Subbiah, clinched the prestigious title of EY World Entrepreneur Of The Year™ 2024 at a gala held in Monaco’s Salle des Etoiles. Selected … Read the full press release

Mutares Completes Acquisition of Eltel Networks, Strengthens Goods & Services Portfolio

(IN BRIEF) Mutares SE & Co. KGaA has finalized the acquisition of Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB, marking a strategic move to bolster its Goods & Services segment. These entities, recognized leaders in … Read the full press release

Barclays Continues Expansion Strategy with Key Hire for German-speaking Markets

(IN BRIEF) Barclays, a leading global financial institution, has announced the appointment of Christian Wagner as the Head of Investment Banking for Germany, Austria, and Switzerland (DACH). In this role, Mr. Wagner will oversee the entire Investment Banking business for … Read the full press release

DNB Enhances SME Support with EIF Partnership, Unlocks NOK 2.5 Billion in Funding

(IN BRIEF) Norway’s largest lender, DNB Bank ASA, has partnered with the European Investment Fund (EIF) to bolster support for small and medium-sized enterprises (SMEs) through a groundbreaking collaboration. Backed by an EIF guarantee under the InvestEU program, DNB will … Read the full press release

InvestEU Program Bolsters SME Support: EIF and Innovation Norway Ink Landmark Deals

(IN BRIEF) The European Investment Fund (EIF) and Innovation Norway have sealed two groundbreaking agreements aimed at bolstering financing opportunities for small and medium-sized enterprises (SMEs) in Norway. This strategic collaboration will empower Innovation Norway to expand its lending volume, … Read the full press release

EIF Leads €100 Million Pledge to RIVE Infrastructure Impact Fund in Green Transition Push

(IN BRIEF) The European Investment Fund (EIF) has pledged €100 million to the RIVE Infrastructure Impact Fund (RIIF), marking a significant commitment to the energy transition in Europe. Managed by RIVE Private Investment, RIIF focuses exclusively on supporting SMEs across … Read the full press release

Breaking Ground: InvestEU Programme Launches in Iceland with Byggðastofnun Guarantee Pact

(IN BRIEF) In a significant move to bolster Icelandic small entrepreneurship beyond the capital region, the European Investment Fund (EIF) has inked a guarantee agreement with the Icelandic regional development agency, Byggðastofnun, under the European Commission’s InvestEU initiative. This agreement … Read the full press release

European Investment Bank and Deutsche Kreditbank Strengthen 25-Year Collaboration with Renewables Initiative

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release

Volkswagen Appoints Martin Sander as Sales, Marketing, and After Sales Board Member

(IN BRIEF) Volkswagen Passenger Cars is gearing up for a change in its leadership as Martin Sander prepares to take the helm as the new Board Member for Sales, Marketing, and After Sales starting July 1, 2024. Succeeding Imelda Labbé, … Read the full press release

EU and Nefco Transform University Facilities into Social Housing for IDPs in Ivano-Frankivsk

(IN BRIEF) In response to the pressing need for safe housing for internally displaced persons (IDPs) in Ivano-Frankivsk, a city in western Ukraine, the European Union and Nefco have undertaken a transformative initiative. With approximately 41,000 IDPs seeking refuge in … Read the full press release

MCFA’s Partnership with ENGIE Energy Access Mozambique to Propel Sustainable Cooking Solutions in Mozambique

(IN BRIEF) The Modern Cooking Facility for Africa (MCFA) has joined forces with ENGIE Energy Access Mozambique to advance clean cooking solutions in Mozambique, backed by EUR 1.3 million in funding. Through ENGIE’s subsidiary in Mozambique, innovative biodigester technology will … Read the full press release

Tri-State Partners with JUWI Inc. to Introduce Groundbreaking Solar Initiatives

(IN BRIEF) Tri-State Generation and Transmission Association, a prominent energy entity, has forged a groundbreaking partnership with JUWI Inc., marking a monumental shift towards renewable energy endeavors. Their collaboration culminated in the acquisition of two solar projects in western Colorado: … Read the full press release

Infineon Unveils Next-Generation 600 V CoolMOS™ 8 High Voltage SJ MOSFET Series

(IN BRIEF) Leading semiconductor manufacturer Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announces the launch of its latest innovation, the 600 V CoolMOS™ 8 high voltage superjunction (SJ) MOSFET product family. Serving as successors to the P7, PFD7, C7, … Read the full press release

Diverse Voices Unite: Bertelsmann Party 2024 Brings Together Leaders in Media, Politics, and Business

(IN BRIEF) Bertelsmann is gearing up for its much-anticipated Bertelsmann Party 2024 in Berlin, welcoming over 600 distinguished guests from media, politics, business, and society. Set against the backdrop of the company’s iconic premises, the event promises an evening filled … Read the full press release

Bias Alert: LlamaChat AI Chatbot Favors Pro-European Views, Study Shows

(IN BRIEF) A recent study conducted by researchers from the University of Copenhagen sheds light on the political bias embedded within LlamaChat, a popular AI chatbot developed by Meta, particularly in its responses to European Union (EU) political issues. According … Read the full press release

Schnelldorf Facility Upgrade: Merck Boosts Life Science Distribution Capacity

(IN BRIEF) Merck, a leading science and technology company, has inaugurated its expanded Life Science distribution center in Schnelldorf, Germany, following a €180 million investment that nearly doubled its size to 25,000 square meters. The upgraded facility now includes manual … Read the full press release

AF Gruppen Subsidiary Set to Construct Modern Business Hub in Osterøy, Norway with NOK 111 Million Project

(IN BRIEF) Helgesen Tekniske Bygg AS (HTB), a subsidiary of AF Gruppen, has secured a turnkey contract worth NOK 111 million excluding VAT with Høgafjellet Eigedom AS for the construction of a new warehouse and logistics facility in Espevoll, Osterøy … Read the full press release

Chile’s Renewable Energy Boost: PowerTree Selects AFRY for Solar Portfolio Engineering

(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release

Stora Enso and Altris Unite to Drive Eco-Friendly Battery Solutions in Europe

(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release

ABN AMRO’s Chantal Korteweg Honored with Changemaker Award at Financial Alliance of Women’s Annual Summit

(IN BRIEF) Chantal Korteweg, Head of Social Impact & Inclusive Banking at ABN AMRO, was honored with the Changemaker Award at the Financial Alliance of Women’s Annual Summit for her significant contributions to advancing opportunities for women entrepreneurs, particularly through … Read the full press release

Airbus H145 Helicopters Chosen by HTM for Offshore Wind Transport Solutions

(IN BRIEF) HTM Helicopters has initiated an order for an Airbus H145 helicopter, with an option for two more of the same model, to bolster their fleet for offshore wind operations along the coasts of Germany and France. Bernd Brucherseifer, … Read the full press release

ANDRITZ Plays Key Role in Expanding Türkiye’s Renewable Energy Infrastructure with Silvan Hydropower Plant

(IN BRIEF) The Turkish water authority, Devlet Su İşleri (DSI), has chosen international technology group ANDRITZ to provide electro-mechanical equipment for the new 160 MW Silvan hydropower plant in Türkiye. ANDRITZ will supply turbines, generators, and associated equipment for the … Read the full press release

MYTILINEOS Energy & Metals Rebrands as Metlen: A Bold Step towards Global Expansion

(IN BRIEF) Today, MYTILINEOS Energy & Metals unveiled its new corporate brand and refreshed corporate image, marking a significant milestone in its evolution towards global expansion, innovation, and growth. The announcement, made by Chairman and CEO Evangelos Mytilineos during the … Read the full press release