(IN BRIEF) Cathay Group’s order for 30 Airbus A330-900 aircraft underscores its commitment to fleet modernization and sustainability. These new aircraft will enhance Cathay’s operational flexibility and fuel efficiency, supporting its regional and long-haul routes while contributing to its net-zero … Read the full press release
(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged African Clean Energy Developments (ACED), Khangela Emoyeni Wind Farm, Novani Ganess-Johnson, partnership, Sam Cook, South Africa, sustainability, Vestas, wind turbine
(IN BRIEF) Glencore initially proposed the demerger of its coal and carbon steel materials business following positive feedback during its acquisition approach to Teck in early 2023. However, evolving shareholder views on ESG and increased support for Glencore’s climate strategy … Read the full press release
(IN BRIEF) Rolls-Royce has appointed Kimberly C. Hicks as General Counsel for Defence and Rolls-Royce North America. With her extensive experience in the Aerospace & Defence industry and a strong legal background, Kim will lead the global Defence General Counsel … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Government, Industrial, Management, News, United Kingdom
Tagged Adam Riddle, appointment, Defence, General Counsel, Kimberly C. Hicks, leadership, North America, Rolls-Royce
(IN BRIEF) NatWest and the UK Infrastructure Bank have committed significant financial support to Quickline Communications to enhance broadband connectivity in rural areas of Yorkshire and Lincolnshire. This initiative, part of the UK government’s Project Gigabit, aims to provide full-fibre … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andrew Blincoe, Ian Brown, Lincolnshire, NatWest, Northern England, partnership, Paul Howard, Quickline, Rural Broadband, Sean Royce, UK Infrastructure Bank, Yorkshire
(IN BRIEF) Deutsche Telekom’s IoT subsidiary has joined the Bridge Alliance, enhancing global IoT connectivity and simplifying international operations for businesses. This partnership, the first of its kind for a European telecommunications company, allows for seamless IoT integration across Europe … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged APAC, Bridge Alliance, Dennis Nikles, Deutsche Telekom, IoT connectivity, partnership
(IN BRIEF) The Supervisory Board’s decisions reflect Siemens’ commitment to accelerating its strategic initiatives and driving significant value creation. With these leadership changes, Siemens is well-positioned to continue its growth trajectory and support its customers’ transformation journeys. For more information, … Read the full press release
Posted in Business, Environment, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Cedrik Neike, digital, Jim Hagemann Snabe, leadership, Peter Koerte, Roland Busch, Siemens AG, sustainable, transformation, Veronika Bienert
(IN BRIEF) Siemens has announced major enhancements to its Sinumerik 828D CNC controller at AMB Stuttgart, introducing new processor units and a redesigned MCP. These upgrades aim to increase productivity, sustainability, and efficiency, featuring advanced connectivity, improved cybersecurity, and digital … Read the full press release
(IN BRIEF) SUSS MicroTec SE reported strong financial results for the first half of 2024, with a high order book of €450 million and a significant 45.6% increase in sales to €192.8 million. The Q2 sales reached €99.3 million, driven … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Burkhardt Frick, Dr. Cornelia Ballwiesser, Dr. Thomas Rohe, Financial, investment, SÜSS MicroTec
(IN BRIEF) PVA TePla has partnered with Scientific Visual, acquiring a 25% stake to enhance its silicon carbide quality control capabilities. This collaboration aims to improve the inspection and production yield of silicon carbide crystals, meeting the growing global demand … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged acquisition, Dr. Ivan Orlov, Jalin Ketter, partnership, PVA TePla, quality control, Scientific Visual, silicon carbide crystals, sustainability, Switzerland
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