Daily Archives: 22, August 2024

Aegon Appoints Shawn C.D. Johnson as New CEO of Asset Management Division, Succeeding Bas NieuweWeme

(IN BRIEF) Aegon has appointed Shawn C.D. Johnson as the new CEO of Aegon Asset Management (Aegon AM), effective September 23, 2024. Johnson, who has extensive experience in asset management, including his recent role as CEO of AMP Capital, will … Read the full press release

A New Beginning for Chocolat: Rescued Chimp Finds Sanctuary at Monkey World with DHL Express’ Help

(IN BRIEF) Chocolat, a disabled chimpanzee rescued from the illegal bushmeat trade, has been successfully relocated from Kenya to Monkey World – Ape Rescue Centre in the UK, thanks to a collaboration between DHL Express and Monkey World. The chimpanzee, … Read the full press release

Vodafone’s NG-SOS App Achieves 4 Million Downloads, Revolutionizing Emergency Response Across Europe

(IN BRIEF) Vodafone Foundation’s NG-SOS app has reached a milestone of over 4 million downloads and has facilitated 200,000 emergency calls across Europe. The app, available in the Czech Republic, Hungary, Slovakia, and Austria, connects users directly to emergency services, … Read the full press release

FUSO Unveils Next Generation eCanter at GaLaBau 2024: Pioneering Electric Solutions for Horticulture and Landscaping

(IN BRIEF) FUSO, a subsidiary of Daimler Truck AG, is showcasing its latest electric vehicle models at GaLaBau 2024, an international trade fair focused on urban greenery and landscaping. The event will feature four Next Generation eCanter models, designed to … Read the full press release

DSV Strengthens Commitment to Sustainable Transport with Major Volvo Electric Truck Purchase

(IN BRIEF) DSV, a global logistics leader, has entered a significant agreement with Volvo Trucks to purchase 300 electric trucks, marking one of Volvo’s largest commercial orders for electric vehicles. This deal is a crucial step in DSV’s strategy to … Read the full press release

Intesa Sanpaolo Backs NZ$267 Million Green Financing for New Zealand’s Kōwhai Solar Park, Promoting Global Energy Transition

(IN BRIEF) Intesa Sanpaolo, along with a consortium of international banks, has committed NZ$267 million (approximately €150 million) in green financing to support the construction of the Kōwhai Solar Park in Christchurch, New Zealand. This solar park, a joint venture … Read the full press release

Ingka Group Invests in Advanced Automation at IKEA South Korea to Boost E-Commerce Fulfillment

(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release

Experian Forecasts £600M Sales Surge for UK Retail and Hospitality During August Bank Holiday, Weather-Dependent Boost Possible

(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release

Mobile Payments Overtake Debit Cards and Cash as Top Payment Method in Switzerland, According to ZHAW and University of St.Gallen Report

(IN BRIEF) The latest Swiss Payment Monitor report reveals that mobile payments have become the most popular payment method in Switzerland, surpassing debit cards and cash for the first time. Mobile devices now account for 26.8% of all transactions, driven … Read the full press release

ProTecBird and Rheinmetall’s AI-Driven System Safeguards Red Kites Near Wind Turbines

(IN BRIEF) ProTecBird, a German AI technology company, in collaboration with Rheinmetall Electronics GmbH, has successfully demonstrated the effectiveness of their AVES Wind anti-collision system, designed to protect red kites and other protected bird species around wind turbines. The system … Read the full press release

Eurojust-Assisted Operation Leads to Capture of Fugitive Italian Crime Boss in Slovenia

(IN BRIEF) Italian and Slovenian authorities, supported by Eurojust, successfully arrested a fugitive Italian crime leader in Koper, Slovenia. The 40-year-old, who had been evading a 21-year prison sentence for various serious crimes including drug trafficking, extortion, and kidnapping, was … Read the full press release

EBRD and Partners Invest €10 Million to Fuel Expansion of Romanian Retailer La Cocos

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release

Scania Unveils the G38 Gearbox: A Powerful Partner for the 770 V8 Engine

(IN BRIEF) Scania has introduced its latest gearbox, the G38, specifically designed to complement its powerful 770 horsepower V8 engine. The G38 gearbox can handle up to 3,800 Nm of torque while maintaining the same weight and dimensions as its … Read the full press release

Wolters Kluwer Launches Innovative Tool to Bridge Nursing Education and Clinical Practice

(IN BRIEF) Wolters Kluwer Health has introduced Lippincott Client Cases for Clinical Judgment, a new learning tool designed to enhance nursing education by bridging the gap between academic learning and real-world clinical practice. The tool offers over 300 patient scenarios … Read the full press release

Humber Ports Reinforce Leadership in UK Seafood Imports, Show Significant Growth

(IN BRIEF) The Humber ports, including Grimsby, Immingham, and Hull, have solidified their position as the UK’s leading hub for seafood imports, handling 41.6% of the nation’s fish imports and showing a 10.5% growth year-on-year. Grimsby remains central to the … Read the full press release

ABP and px Group Unveil Clean Growth Hub at Port of Barry to Drive Low-Carbon Industrial Transformation

(IN BRIEF) Associated British Ports (ABP) and px Group have announced the launch of a Clean Growth Hub at the Port of Barry in South Wales. The initiative aims to transform over 100 acres of the port into a hub … Read the full press release

Iberdrola Strengthens Global Leadership in Sustainability with Continued FTSE4Good Index Inclusion

(IN BRIEF) Iberdrola has once again secured its place in the prestigious FTSE4Good index, highlighting its commitment to sustainability and responsible business practices. The company, led by Ignacio Galán, has maintained its position in the index since 2009, demonstrating strong … Read the full press release

VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group

(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with … Read the full press release

Switzerland Embraces Instant Payments Across Financial Institutions

(IN BRIEF) Switzerland launched instant payments on 20 August 2024, with around 60 financial institutions now able to process these transactions, covering over 95% of Swiss retail payments. Instant payments allow for immediate account-to-account transfers, 24/7, offering significant benefits such … Read the full press release

James Hiatt Joins Savills to Strengthen Central London Investment Team in 2025

(IN BRIEF) Savills has announced the appointment of James Hiatt as a Director in its Central London Investment team, with Hiatt set to join in 2025 after a period of gardening leave. Hiatt, who brings over 17 years of experience … Read the full press release

Experian Report: Generative AI and Deepfakes Emerge as Top Fraud Threats, Exposing Gaps in Business Preparedness

(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release

Thales and LTTS Partner to Revolutionize Software Monetization with Sentinel Platform

(IN BRIEF) Thales and L&T Technology Services (LTTS) have expanded their long-standing partnership to enhance software monetization across various industries, including hi-tech, sustainability, and mobility. The collaboration will utilize Thales’s Sentinel software licensing platform, enabling LTTS’s customers to implement flexible … Read the full press release

Stora Enso and Enkei Collaborate on Sustainable Packaging Solution for Designer Lamps

(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release