Monthly Archives: September 2024

Schaeffler AG Strengthens Leadership Team to Drive E-Mobility Growth Amid Vitesco Merger

(IN BRIEF) Schaeffler AG has made strategic appointments to its Executive Board as part of its preparation for a merger with Vitesco Technologies. Thomas Stierle, previously with Vitesco, will lead Schaeffler’s new E-Mobility division starting in October 2024. Dr. Jochen … Read the full press release

Michelin Unveils Alpin 7: A Cutting-Edge Winter Tire for Enhanced Safety and Efficiency

(IN BRIEF) Michelin has launched the MICHELIN Alpin 7, a new winter tire designed for enhanced safety and performance in snowy and cold conditions. The tire offers 6% better braking on snow and a 9% reduction in rolling resistance, improving … Read the full press release

RAF’s Typhoon Takes Flight with Next-Generation Radar, Enhancing Combat Capabilities

(IN BRIEF) The Royal Air Force’s Typhoon aircraft has taken a major step forward with the first test flight of the new European Common Radar System Mark 2 (ECRS Mk2). Developed by Leonardo UK and tested by BAE Systems, this … Read the full press release

Enel Group Champions Just Energy Transition and Climate Action at UN General Assembly and Climate Week

(IN BRIEF) The Enel Group participated in the 79th United Nations General Assembly and New York Climate Week, engaging in discussions on climate action, sustainable development, and a just energy transition. Key executives, including Nicolò Mardegan and Gianni Vittorio Armani, … Read the full press release

Deutsche Bank Recognized as Best FX Bank in Asia Pacific and Western Europe by Euromoney

(IN BRIEF) Deutsche Bank has been recognized as the best bank for foreign exchange (FX) services in both Asia Pacific and Western Europe by Euromoney. The award, part of Euromoney’s prestigious Foreign Exchange Survey, highlights Deutsche Bank’s ability to innovate … Read the full press release

Deutsche Bank Supports China’s €2 Billion Sovereign Bond Return to Euro Market

(IN BRIEF) Deutsche Bank has played a key role in helping China’s Ministry of Finance issue €2 billion in international sovereign bonds, marking China’s return to the euro bond market since 2021. The dual-tranche offering, which included three- and seven-year … Read the full press release

AT&T Obtiene Sentencia Contra Grupo Salinas Telecom, Propiedad de Ricardo Salinas, Sus Abogados se Retiran Mientras Él Mueve Activos Fuera de EE.UU. para Evitar Pagar la Sentencia

MOVIMIENTOS DE ACTIVOS EN UN ESFUERZO POR NO PAGAR A AT&T BAJO EXAMEN ANTE ACUSACIONES DE CONDUCTA FINANCIERA INAPROPIADA. (NOTICIA EN BREVE) Ricardo Benjamín Salinas Pliego, presidente de Grupo Elektra, enfrenta nuevas acusaciones por mover activos fuera de EE.UU. para … Read the full press release

BBVA and KKR Partner to Invest $200 Million in Global Climate Projects, Driving Low-Carbon Infrastructure

(IN BRIEF) BBVA has formed a strategic partnership with investment firm KKR, committing $200 million to support KKR’s Global Climate Strategy, which focuses on large-scale climate infrastructure projects like energy transition and electrification. The partnership, announced during Climate Week in … Read the full press release

Erste Group Boosts Compliance with Scila’s Advanced Trade Surveillance Technology

(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release

Fresenius Kabi and Formycon Receive European Approval for Ustekinumab Biosimilar FYB202

(IN BRIEF) Fresenius Kabi, in collaboration with Formycon, has received approval from the European Commission (EC) for FYB202, a biosimilar of ustekinumab (marketed as Stelara® by Johnson & Johnson). This biosimilar is approved for the treatment of serious inflammatory diseases. … Read the full press release

Wolters Kluwer Unveils CCH iFirm Validate: Revolutionizing Audits with Blockchain-Powered Validation

(IN BRIEF) Wolters Kluwer has launched CCH iFirm Validate, a new cloud-based module designed to enhance audit processes by using blockchain technology for secure and efficient bank confirmations and account verifications. This tool simplifies traditionally manual tasks, allowing auditors to … Read the full press release

Fresenius Kabi’s Ustekinumab Biosimilar Otulfi® Secures European Approval for Treating Inflammatory Diseases

(IN BRIEF) Fresenius Kabi, in partnership with Formycon AG, has received European Commission approval for Otulfi®, a biosimilar of ustekinumab. This new product, authorized for both subcutaneous and intravenous formulations, will treat inflammatory conditions such as Crohn’s disease, plaque psoriasis, … Read the full press release

Dürr Revolutionizes Battery Production with the Launch of GigaCoater™ for Faster, Cost-Efficient Coating

(IN BRIEF) Dürr has launched the GigaCoater™, a cutting-edge machine designed for simultaneous two-sided coating of battery electrodes. It offers faster speeds, larger substrate capabilities, and significant cost savings, enhancing both quality and efficiency in battery production. The GigaCoater™ expands … Read the full press release

HENSOLDT Celebrates 20 Years of Rapid Eurofighter Support with Technical Diagnostic Cell in Laage

(IN BRIEF) HENSOLDT’s Technical Diagnostic Cell (TDC) in Laage, Germany, celebrates 20 years of maintaining the German Air Force’s Eurofighter fleet. The TDC plays a vital role by offering on-site repairs for key radar and self-protection system components, minimizing aircraft … Read the full press release

Pharma Leaders Unite to Promote Ready-to-Use Packaging Solutions, Enhancing Safety and Efficiency

(IN BRIEF) SCHOTT Pharma, Gerresheimer, and Stevanato Group have formed the “Alliance for RTU” to promote the adoption of ready-to-use (RTU) vials and cartridges within the pharmaceutical industry. This strategic alliance aims to streamline pharmaceutical manufacturing, improve operational efficiency, and … Read the full press release

Scania and Fortescue to Develop Cutting-Edge Autonomous Road Train for Mining Efficiency

(IN BRIEF) Scania and Fortescue have partnered to develop an autonomous road train solution aimed at transforming the mining industry with increased efficiency and sustainability. The collaboration leverages Scania’s advanced truck automation technology and Fortescue’s mining expertise, focusing on reducing … Read the full press release

TotalEnergies Expands U.S. Gas Footprint with Eagle Ford Basin Acquisition

(IN BRIEF) TotalEnergies has acquired a 45% stake in gas-producing assets in Texas’ Eagle Ford Basin from Lewis Energy Group, further expanding its U.S. natural gas operations. This move strengthens TotalEnergies’ integration across the gas value chain and follows a … Read the full press release

Norway’s Northern Lights Facility: World’s First Cross-Border CO2 Storage Ready to Launch

(IN BRIEF) The Northern Lights CCS facility in Norway is now operational, becoming the world’s first cross-border CO2 transport and storage project. A joint venture between Equinor, Shell, and TotalEnergies, it is part of Norway’s Longship initiative and aims to … Read the full press release

Santander X Expands to Offer Free Training and Discounts for SMEs and Entrepreneurs

(IN BRIEF) Santander has expanded its Santander X platform for SMEs, startups, and entrepreneurs, offering free training and discounts on essential business services. The initiative aims to support companies in adapting to the challenges of the digital market. Registration is … Read the full press release

Prudential Strengthens Nigerian Market Position with Full Acquisition of Zenith Life

(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release