Daily Archives: 17, October 2024

Zalando Revolutionizes Online Shopping with Advanced 3D Avatars in Virtual Fitting Rooms

(IN BRIEF) Zalando has introduced an enhanced virtual fitting room that allows customers to create personalized 3D avatars using their own body measurements. This new feature, available in 14 European markets, enables shoppers to virtually try on Levi’s clothing, offering … Read the full press release

Stadler Partners with SZU to Modernize Signalling Systems and Deliver New Trains for Zurich Rail Network

(IN BRIEF) Stadler Signalling AG has entered into a partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernize SZU’s signalling systems by 2034 as part of the SZU_4.0 modernization initiative. The 34 million franc contract includes upgrading signal boxes and … Read the full press release

FrieslandCampina Secures Strong Investor Demand with €300 Million Hybrid Bond Issuance

(IN BRIEF) Royal FrieslandCampina N.V. has issued a €300 million hybrid bond to proactively refinance an existing bond set to reset in December 2025. The bond was well received by institutional investors, with orders exceeding €1.2 billion. The bond carries … Read the full press release

Schneider Electric Boosts Data Center Leadership with Acquisition of Liquid Cooling Specialist Motivair

(IN BRIEF) Schneider Electric has acquired a 75% controlling interest in Motivair Corporation, a leader in advanced liquid cooling solutions for high-performance computing and data centers. The acquisition strengthens Schneider’s position in the data center market as demand for efficient … Read the full press release

TÜV Rheinland to Showcase Advanced Energy and Hydrogen Solutions at Eco Expo Asia 2024

(IN BRIEF) TÜV Rheinland Hong Kong will showcase innovative energy solutions, including waste-to-energy and hydrogen technologies, at Eco Expo Asia 2024. The company’s display will focus on promoting carbon neutrality and sustainable development across various sectors such as energy and … Read the full press release

SDX and RULEMATCH Partner to Revolutionize Crypto Trading and Custody for Financial Institutions

(IN BRIEF) SDX and RULEMATCH have partnered to offer a comprehensive solution for financial institutions to trade, settle, and securely manage crypto assets. The partnership integrates SDX’s custody services with RULEMATCH’s trading and settlement platform, allowing institutions to trade without … Read the full press release

Capgemini Report Highlights Generative AI’s Role in Transforming Entry-Level Careers and Management Practices

(IN BRIEF) The latest report from the Capgemini Research Institute, titled Gen AI at Work: Shaping the Future of Organizations, reveals how generative AI (Gen AI) is poised to significantly impact entry-level careers and organizational structures across industries. The study … Read the full press release

Aalborg University Researchers Discover Genetic Marker Linked to Severe Ulcerative Colitis, Paving the Way for Personalized Treatment

(IN BRIEF) Researchers have identified the genetic variant HLA-DRB1*01:03, which is strongly linked to severe ulcerative colitis. About 3% of patients carry this variant, and of those, over 40% required major surgery within three years of diagnosis. (PRESS RELEASE) AALBORG, … Read the full press release

Alstom Delivers First Driverless Train for Chennai Metro Phase II, Boosting Sustainable Urban Mobility

(IN BRIEF) Alstom has delivered the first driverless metro train for Chennai Metro’s Phase II, as part of a larger order of 36 trains. Manufactured entirely in India under the ‘Make in India’ initiative, the trains are designed for efficient, … Read the full press release

Telenor Warns Nordic Region to Strengthen Cybersecurity as EU’s NIS2 Directive Takes Hold

(IN BRIEF) Telenor’s Nordic Digital Security 2024 report emphasizes the urgency for greater collaboration and readiness across the Nordic region as the EU’s NIS2 Directive takes effect. The directive aims to enhance cybersecurity by enforcing stricter security requirements and mandatory … Read the full press release

TUM and Pfennigparade Join Forces to Develop AI-Driven Assistive Technologies for Disabled Individuals

(IN BRIEF) The Technical University of Munich (TUM) has partnered with the Pfennigparade Foundation to develop robotics and AI technologies that will improve the daily lives of people with physical impairments. Over the next three years, TUM researchers will collaborate … Read the full press release

Universities of York and Hull Launch New Centres to Support Disadvantaged Youth in Grimsby and Bridlington

(IN BRIEF) A collaboration between the universities of York and Hull, along with the university-access charity IntoUniversity, is launching two new education centres in Grimsby and Bridlington. These centres aim to support disadvantaged young people aged 7-18, who are often … Read the full press release

Wood Leads Joint Industry Effort to Set CO2 Standards and Accelerate Global CCUS Projects

(IN BRIEF) Wood has launched a Joint Industry Partnership (JIP) to accelerate Carbon Capture, Utilisation, and Storage (CCUS) projects by developing the first industry guidelines that address the impact of CO2 impurities throughout the CCUS value chain. These guidelines aim … Read the full press release

Iberdrola Recognized Among Top 10 Global Companies for Leadership in Sustainability and Climate Action

(IN BRIEF) Iberdrola has been recognized by Richmond Global Sciences (RGS) as one of the top 10 companies globally for its significant positive impact on environmental, social, and financial aspects. This recognition highlights Iberdrola’s commitment to the United Nations Sustainable … Read the full press release

Ricoh Unveils Cost-Effective RICOH Pro VC40000 Inkjet Press for High-Speed Transactional and Book Printing

(IN BRIEF) Ricoh has launched the RICOH Pro VC40000 mono webfed inkjet press, designed to offer high-quality and cost-effective solutions for transactional and book printing. The press provides speeds of up to 180 meters per minute at 600 x 600 … Read the full press release

EIF and LfA Förderbank Bayern Partner to Unlock €400 Million in Financing for Bavarian SMEs’ Innovation and Sustainability

(IN BRIEF) The European Investment Fund (EIF) has partnered with LfA Förderbank Bayern to expand a guarantee programme aimed at supporting small and medium-sized enterprises (SMEs) in Bavaria. With a €13 million counter-guarantee from the EIF, the programme will enable … Read the full press release

International Partners Drive Ukraine’s Reconstruction and Resilience Through EC-EIB-UNDP Collaboration

(IN BRIEF) The “United in Ukraine’s Recovery” conference in Brussels brought together the European Commission, the European Investment Bank (EIB), the United Nations Development Programme (UNDP), and Ukrainian local authorities to discuss ongoing reconstruction efforts. The partnership has been instrumental … Read the full press release

EIB Greenlights €5.8 Billion to Drive Global Energy, Transport, and Innovation Advancements

(IN BRIEF) The European Investment Bank (EIB) Board has approved €5.8 billion in new financing to support various projects across Europe and beyond. This includes €2.2 billion for clean energy and water projects, €1.8 billion for urban development and education, … Read the full press release

EIB and Groupe BPCE Expand Partnership to Provide Over €1 Billion for French SMEs’ Innovation and Renewable Energy Projects

(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has teamed up with Groupe BPCE to support small businesses and mid-caps in France. They signed two financing agreements exceeding €1 billion to … Read the full press release