Daily Archives: 21, September 2024

TotalEnergies Announces Production Start at Fenix Offshore Gas Field in Argentina

(IN BRIEF) TotalEnergies has commenced production at the Fenix gas field, located off the coast of Tierra del Fuego in Southern Argentina. Part of the Cuenca Marina Austral 1 concession, the field has a production capacity of 10 million cubic … Read the full press release

Vivendi Realigns Assets to Strengthen Canal+ Group’s Global Media Presence and Revenue Potential

(IN BRIEF) Vivendi has restructured Canal+ Group by integrating several of its assets, including GVA (a telecom provider in Africa), the video platform Dailymotion, and performance venues like L’Olympia in France. This move creates a more unified global media entity, … Read the full press release

Infineon Expands OptiMOS™ 6 Lineup with New 135 V and 150 V MOSFETs for Power and Drive Efficiency

(IN BRIEF) Infineon Technologies has expanded its OptiMOS™ 6 MOSFET lineup by introducing new 135 V and 150 V MOSFETs, designed for enhanced efficiency in drives and switched-mode power supply (SMPS) applications. These MOSFETs offer up to a 50% reduction … Read the full press release

ZF Introduces Enhanced Safety and Automation Features for Commercial Vehicles with OnGuardMAX and mBSP XBS Platforms

(IN BRIEF) At IAA Transportation 2024, ZF introduced the latest version of its Advanced Driver Assistance System (ADAS), OnGuardMAX, and its modular brake platform, mBSP XBS, for the European commercial vehicle market. OnGuardMAX offers enhanced safety features like Moving Off … Read the full press release

Barry Callebaut Sets Path to Net Zero by 2050 with New Decarbonization Roadmap

(IN BRIEF) Barry Callebaut has launched its Net Zero Roadmap, outlining its plan to fully decarbonize its value chain and reach Net Zero emissions by 2050. The roadmap sets an interim target of reducing emissions by 30% by 2030, focusing … Read the full press release

Pfizer and BioNTech’s Omicron KP.2-Adapted COVID-19 Vaccine Receives Positive EU Opinion, Awaiting Approval

(IN BRIEF) Pfizer and BioNTech’s Omicron KP.2-adapted COVID-19 vaccine has received a positive recommendation from the European Medicines Agency’s (EMA) CHMP for use in individuals aged six months and older. Pending final approval from the European Commission, the vaccine will … Read the full press release

FluMist Becomes First At-Home Self-Administered Flu Vaccine Approved by FDA

(IN BRIEF) FluMist, a needle-free nasal spray influenza vaccine, has been approved by the FDA for self-administration in the US, making it the first flu vaccine of its kind to be used at home. Adults up to 49 years old … Read the full press release

Garanti BBVA Introduces Türkiye’s First End-to-End Digital Vehicle Loans for Individuals

(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release

Scania Unveils Autonomous Truck and Sustainable Solutions for Agile Mining at MINExpo 2024

(IN BRIEF) At the 2024 MINExpo in Las Vegas, Scania introduced its fully autonomous mining truck and showcased its “Think big, act small” approach to boosting mining efficiency. The company emphasized its focus on payload efficiency, sustainability, and cost-effective solutions … Read the full press release

Loughborough University Wins Sports University of the Year for the Fourth Time, Continuing Athletic and Academic Excellence

(IN BRIEF) Loughborough University has been named Sports University of the Year for the fourth time by The Times and The Sunday Times Good University Guide 2025. This recognition follows a successful summer where athletes linked to the university won … Read the full press release

Reardon Court Extra Care Housing Named ‘Construction Project of the Year’ at National Awards

(IN BRIEF) Reardon Court, an extra care housing project in Enfield, London, has won ‘Construction Project of the Year’ at the Procure Partnerships Framework National Project Excellence Awards 2024. The project, led by Enfield Council and constructed by GRAHAM, provides … Read the full press release

EIB Funds €125 Million Campus Expansion and Affordable Housing at Cyprus University of Technology

(IN BRIEF) The European Investment Bank (EIB) is providing €125 million in loans to the Cyprus University of Technology (CUT) to fund new student housing and upgrade academic, research, and sports facilities in Paphos and Limassol. The project, which will … Read the full press release

EIB Supports Deutsche Glasfaser with €350 Million Loan to Expand High-Speed Internet in Rural Germany

(IN BRIEF) The European Investment Bank (EIB) has granted a €350 million loan to Deutsche Glasfaser to expand fibre-optic broadband access to around 460,000 rural homes and businesses in Germany. This initiative, supported by the EU’s InvestEU programme, addresses the … Read the full press release

Multilateral Banks Boost Climate Finance to Record $125 Billion in 2023, Doubling Private Sector Mobilization

(IN BRIEF) Multilateral development banks (MDBs) have reached a new milestone in climate finance, committing a record $125 billion in 2023. A significant portion, $74.7 billion, was allocated to low- and middle-income countries, primarily for climate mitigation and adaptation. High-income … Read the full press release

European Investment Bank Unveils Global Health and Climate Initiatives at UN General Assembly

(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release