(IN BRIEF) Schroders Capital has secured a £2 billion real estate mandate from the Wales Pension Partnership (WPP), following a previous £500 million private equity mandate. This new mandate will see up to £400 million invested in local initiatives across … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Cllr Elwyn Williams, investment, partnership, Paul Myles, real estate, Schroders, Schroders Capital, Sophie Van Oosterom, sustainability, UK, Wales Pension Partnership
(IN BRIEF) 50Hertz has received approval from the Federal Network Agency (BNetzA) to upgrade the Thuringian section of the 380-kV Mecklar-Vieselbach overhead line by converting it to high-temperature conductors. This decision, issued ahead of schedule, allows 50Hertz to increase the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz, Federal Network Agency (BNetzA), High-Temperature Conductors, Mecklar-Vieselbach, partnership, sustainability, Sylvia Borcherding
(IN BRIEF) The Natural Environment Research Council (NERC) has awarded £7.4 million in fellowships to 11 early career researchers, supporting projects in environmental science areas such as sea level rise, coral reef dynamics, and climate prediction. These prestigious fellowships aim … Read the full press release
Posted in Awards, Business, Environment, Financial, Industrial, Investment, Management, Science, Technology, United Kingdom
Tagged Anna-Lena Deppenmeier, Awards, Beatriz Recinos, Chancey MacDonald, Charlotte Spencer-Jones, Elsa Panciroli, environmental science, Evelyn Keaveney, Fellowships, James Keane, leadership, Lewis Jones, Milan Klöwer, NERC, partnership, Professor Louise Heathwaite, Stephen Hicks, sustainability, Swaroop Chakraborty, UK Research & Innovation (UKRI)
(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged IKEA, Ingka Holding, Pyjama Gathering, Sleep Improvement Campaign, Sweden
(IN BRIEF) PUMA has announced leadership changes to bolster its presence in the GCC and surrounding regions. Johan Kuhlo has been appointed as Managing Director for the GCC, overseeing key markets like the UAE and Saudi Arabia, effective September 1. … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Germany, Government, Industrial, Management, News, Sports, Technology, Turkey
Tagged appointments, Arne Freundt, GCC, Johan Kuhlo, leadership, Middle East, Peter Dangl, PUMA, Taner Seyis, Turkey
(IN BRIEF) E.ON reported strong financial performance in the first half of 2024, achieving an adjusted Group EBITDA of €4.9 billion and an adjusted net income of €1.8 billion, in line with its full-year targets. The company reaffirmed its guidance … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged E.ON, energy transition, Financial, investments, Leonhard Birnbaum, sustainability
(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release
(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release
Posted in Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged acquisition, Armin Papperger, Jason Atkinson, Loc Performance, Matthew Warnick, partnership, Rheinmetall, sustainability, U.S. Defense Operations
(IN BRIEF) ANDRITZ has supplied key equipment for Mondi’s containerboard mill in Kuopio, Finland, as part of an expansion and upgrade project. The delivery includes a new hardwood NSSC production line and an upgraded woodyard, which will increase the mill’s … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, equipment, Finland, Juha Koukka, Mondi, NSSC Production Line, partnership, sustainability, Woodyard Upgrade
(IN BRIEF) ANDRITZ has been contracted to supply the world’s first industrial-scale fiberboard recycling line to Sonae Arauco’s mill in Mangualde, Portugal. This innovative system will recycle end-of-life fiberboards into valuable fibers for new fiberboard production. Sonae Arauco emphasized the … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Technology
Tagged Andritz, Fiberboard Recycling, Michael Frint, partnership, Paulo Pinto De Sousa, PORTUGAL, Sonae Arauco, Steam-Ex technology, sustainability
(IN BRIEF) Moody’s has reaffirmed Outokumpu’s Ba2 corporate family rating with a stable outlook, maintaining the upgrade it made in May 2023 from a previous Ba3 rating. The decision reflects Moody’s recognition of Outokumpu’s strong financial position and successful profit … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Marc-Simon Schaar, Moody, Outokumpu
(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release
(IN BRIEF) Nadiadwala Grandson Entertainment (NGE) and Banijay Asia have announced a strategic collaboration to produce original series, films, and adaptations of international hits, aiming to bring a new wave of premium content to Indian audiences. The partnership, driven by … Read the full press release
(IN BRIEF) Rolls-Royce and Yuchai Diesel are expanding their joint venture, MTU Yuchai Power, to increase production of Rolls-Royce’s mtu engines in China. The expansion will include more variants of the mtu Series 2000 and 4000 engines, with plans to … Read the full press release
(IN BRIEF) Rolls-Royce has been awarded a contract to supply its Mission Bay Handling System (MBHS) for the UK Royal Navy’s Type 26 City-class frigates. The contract, in partnership with BAE Systems, includes the production of five MBHS units at … Read the full press release
(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release
(IN BRIEF) NatWest has completed a £1.1 billion securitisation deal, backed by Nuveen Infrastructure and Christofferson Robb & Company, to increase its lending capacity in the renewable energy sector. The transaction, which provides credit protection for a portfolio of around … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Alberto Abascal, Christofferson Robb & Company, Claudio Vescovo, David Fitoussi, lending, NatWest, Nuveen Infrastructure, partnership, renewable energy, sustainability
(IN BRIEF) We have introduced Generative AI to our Ask Archie chatbot, improving how it answers employee HR queries by delivering more targeted responses and providing easier access to relevant information. This upgrade enables human agents to focus on more … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Archie Chatbot, Employee Support, generative AI, Graham Smith, NatWest
(IN BRIEF) Hella Gutmann has expanded its Cyber Security Management (CSM) feature within the mega macs diagnostic software to include the latest BMW vehicles, eliminating the need for workshops to register through OE portals. With this update, CSM now supports … Read the full press release
(IN BRIEF) SISTO Armaturen S.A., part of the KSB Group, has developed the SISTO-CM1300, an automated multi-port valve designed to optimize pharmaceutical production processes. This valve automates the switching of fluids in cleaning and sterilization processes, reducing the risk of … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Pharma & Biotech, Technology
Tagged KSB, Luxembourg, Multi-Port Valve, partnership, Pharmaceutical Production, SISTO Armaturen S.A., sustainability
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