Daily Archives: 9, September 2024

Schneider Electric and GR3N Partner to Scale Advanced Plastic Recycling with Innovative Automation

(IN BRIEF) Schneider Electric has partnered with GR3N to develop advanced plastic recycling technology using GR3N’s innovative MADE process, which breaks down hard-to-recycle PET into reusable materials with virgin-like quality. Schneider’s EcoStruxure Automation Expert platform enables modular, scalable, and efficient … Read the full press release

VINCI Highways Expands Indian Operations with €40 Million Highway Concession Deal

(IN BRIEF) VINCI Highways has signed an agreement to acquire a 51% stake in HKR Roadways Limited, the operator of the SH1 highway concession in Telangana, India. The highway connects Hyderabad to the northeastern region of the state. The €40 … Read the full press release

AstraZeneca Pioneers Low-Impact Inhalers with Eco-Friendly Breztri Transition

(IN BRIEF) AstraZeneca has completed clinical studies to transition Breztri, its inhaled treatment for COPD, to a next-generation propellant with 99.9% lower Global Warming Potential. This change aligns with AstraZeneca’s commitment to reducing its environmental impact through its Ambition Zero … Read the full press release

Lindner Group Introduces Eco-Friendly Acustica Panels for Sustainable Room Acoustics

(IN BRIEF) The Lindner Group has introduced Acustica, a sustainable acoustic panel made from 100% polyester, offering an eco-friendly alternative to traditional mineral wool. Acustica enhances room acoustics, provides flame retardancy, and is fully recyclable, making it a sustainable choice … Read the full press release

Airbus Launches Share Buyback Program to Support Employee Ownership and Compensation Plans

(IN BRIEF) Airbus SE has launched a share buyback program to acquire up to 4,254,000 shares by 31 March 2025, with the first phase targeting 2,127,000 shares by 31 October 2024. This buyback aims to support future employee share ownership … Read the full press release

5G Technology Transforms Viticulture in Germany’s Moselle Region

(IN BRIEF) The “Smart Vineyard” project in Germany’s Moselle Valley, supported by Deutsche Telekom’s 5G campus network, is modernizing traditional winemaking through automation and real-time data analysis. Using 5G-connected robots and AI, the project helps winemakers perform labor-intensive tasks such … Read the full press release

Eurojust to Engage the Public at Just Peace Open Day 2024 with Interactive Sessions and Presentations

(IN BRIEF) To celebrate the 125th anniversary of the first Hague Peace Conference, The Hague will host the Just Peace Open Day on 22 September 2024. Eurojust will participate at the House of Europe, offering the public a chance to … Read the full press release

EBRD Supports Türkiye’s Renewable Energy Expansion with $60 Million Loan to Borusan EnBW Enerji

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release

EBRD Grants Mongolia’s First Sustainability-Linked Loan to Drive Green Initiatives at MCS Coca-Cola

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended its first sustainability-linked loan in Mongolia, providing US$ 51.7 million to MCS Coca-Cola, the country’s leading soft drink producer and distributor. This loan, supported by the FINTECC program … Read the full press release

EIB and LIFTT Unite in €100 Million Venture to Propel Italian Innovation and Sustainability

(IN BRIEF) The European Investment Bank (EIB) and venture capital firm LIFTT have announced a €100 million partnership to support innovation in Italy. Together, they will create LIFTT EuroInvest, a joint stock company aimed at making 20 to 30 equity … Read the full press release

Astor Asset Management 3 Ltd Initiating Class Action Lawsuit Inquiry Against Ricardo Benjamín Salinas Pliego of Grupo ELEKTRA for Stock Manipulation & Securities Fraud

ASTOR ASSET MANAGEMENT 3 LTD INVESTIGATES POTENTIAL LEGAL ACTION OVER ALLEGED STOCK PLEDGING AND MARKET MISCONDUCT (IN BRIEF) Astor Asset Management 3 Ltd is forming a class action lawsuit against Mr. Ricardo Benjamín Salinas Pliego and Grupo Elektra (ELEKTRA) for … Read the full press release