(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 2 and September 6, 2024, at an average price of €31.22 per share, totaling €7.8 million. This is part of the company’s €1 billion share buyback program, which has repurchased a … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Software AG has improved its sustainability performance by 30% in the 2024 EcoVadis assessment, earning a bronze medal with a score of 63. The company achieved notable progress in the areas of Environment, Labor & Human Rights, and … Read the full press release
Posted in Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Awards, EcoVadis 2024 Assessment, leadership, Sanjay Brahmawar, Software AG, sustainability
(IN BRIEF) Hella Gutmann, in partnership with Munic S.A., has launched macsLive, a cloud-based telematics platform that provides real-time diagnostics for multi-brand vehicles. By continuously monitoring vehicle data, macsLive enables fleet operators, workshops, and breakdown services to make informed decisions … Read the full press release
(IN BRIEF) Hella Gutmann has launched the mega macs S 20, an affordable and flexible diagnostic software for workshops. The software runs on Android devices and communicates with vehicle systems through the HG-VCI S 20 hardware. It supports modern protocols … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Hella Gutmann, Mega Macs S 20, Scalable Diagnostic Software Solution, workshops
(IN BRIEF) Hella Gutmann has introduced the CSC-Tool X 20, a fully digital and modular ADAS calibration tool designed to enhance calibration accuracy and efficiency. Set to launch in spring 2025, the tool features cloud connectivity, semi-automated processes, and comprehensive … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Accuracy, Automechanika Frankfurt 2024, Calibration Tool, Cloud Integration, CSC-Tool X 20, Digital ADAS (Advanced Driver Assistance Systems), Hella Gutmann
(IN BRIEF) Encavis AG has secured €61 million in project financing for its 114 MW Borrentin solar park in Germany. The financing was provided by Bayerische Landesbank and will help complete the solar park by the end of September 2024. … Read the full press release
(IN BRIEF) Vodafone Germany is launching an initiative to install solar panels at its mobile phone towers and regional data centers, aiming to achieve CO2e neutrality by 2025. The project will begin with 86 sites and expand to 200 by … Read the full press release
(IN BRIEF) BASF is showcasing its latest footwear innovations at Simac 2024 under the theme “Make the Move.” The company is presenting recyclable, meltable polyurethane foams, lightweight midsole materials for enhanced comfort, and new processing technologies for more sustainable shoe … Read the full press release
(IN BRIEF) Bosch has expanded its real-time road hazard service, now available in millions of vehicles and soon to be introduced to Mercedes-Benz Trucks. The service uses data from connected vehicles and third-party sources to warn drivers of hazards like … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Bosch, Dr. Markus Heyn, Real-Time Road Hazard Alerts, road safety, sustainability, vehicles
(IN BRIEF) The world’s oldest Bentley T-Series, first produced in 1965, has been meticulously restored and returned to Bentley’s Heritage Collection. The car underwent an 18-month restoration process after being discovered in storage in poor condition. Bentley specialists, P&A Wood, … Read the full press release
(IN BRIEF) Takazuri and BASF have partnered to deliver sustainable construction solutions in Eastern Africa with a focus on climate resilience. Takazuri’s Climatile™ roofing and cladding system, made from locally sourced post-consumer recycled materials, offers improved insulation, solar reflectance, and … Read the full press release
Posted in Business, Chemicals, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged BASF, Climate-Resilient, construction, Eastern Africa, partnership, sustainability, Takazuri, Takazuri’s Climatile™, UK
(IN BRIEF) Deutsche Telekom has expanded its cyber defense with the opening of its Master Security Operations Center (SOC) in Bonn, part of a global network to combat increasingly AI-driven cyberattacks. The center processes billions of security data points daily … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Telecom
Tagged AI-powered, Bonn, Cyber Defense, cyberattacks, Deutsche Telekom, Master Security Operations Center (SOC), security operations center, Thomas Tschersich
(IN BRIEF) The Australian Defence Force (ADF) has renewed its agreement with Bohemia Interactive Australia (BIA) for the twelfth year, continuing its use of VBS3 game-based simulation software for training purposes. This software allows ADF personnel to engage in virtual … Read the full press release
(IN BRIEF) Siemens Mobility is investing $60 million to build North America’s first high-speed rail manufacturing facility in Horseheads, New York. The nearly 300,000 sq. ft. plant will create 300 jobs and produce the American Pioneer 220 trainsets for the … Read the full press release
(IN BRIEF) Siemens has partnered with DMG MORI and Renishaw to enhance its Siemens Xcelerator platform, offering new scalable solutions for machine tools. Renishaw’s tool condition monitoring system, combined with Siemens software, automates tool wear detection and improves manufacturing traceability. … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital transformation, DMG MORI, partnership, RENISHAW, Scalable Machine Tool Solutions, Siemens, sustainability, UK
(IN BRIEF) Shell plc has announced the euro and pounds sterling equivalent dividend payments for its second quarter 2024 interim dividend of $0.344 per ordinary share. Shareholders who opted for euros or pounds sterling will receive €0.3102 or 26.15p per … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Euro, Financial, GBP Dividend Payments, investment, Shell
(IN BRIEF) Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, 2024. Patrik Andreas Mayer will become SEAT’s new Chief Financial and IT Officer, while David Powels, currently in that role, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, David Powels, finance, IT Departments, leadership, Patrik Andreas Mayer, SEAT, Thomas Schäfer, Volkswagen, Wayne Griffiths
(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the Leica Absolute Tracker ATS800, a new innovation designed to streamline quality inspections in large-scale manufacturing. By combining laser tracking and non-contact measurement, the ATS800 reduces inspection times from hours to minutes … Read the full press release
(IN BRIEF) Global demand for electric vehicles has slowed, with concerns about charging infrastructure, range, and battery costs remaining key obstacles for potential buyers, according to the EY Global Mobility Consumer Index. EV buying intent rose marginally, but the US … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged charging infrastructure, electric vehicles, EY
(IN BRIEF) GSK’s depemokimab, a new ultra-long-acting biologic, showed a 54% reduction in severe asthma exacerbations in the SWIFT-1 and SWIFT-2 phase III trials. Administered every six months, it also demonstrated a 72% reduction in hospitalizations and emergency visits, offering … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged David Jackson, Depemokimab, GSK, Phase III Trials, safety, Severe Asthma Attacks, SWIFT-1, SWIFT-2
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