Daily Archives: 22, October 2024

Software AG Study Finds Half of Employees Use Shadow AI, Urging Businesses to Strengthen AI Strategies

(IN BRIEF) A new study by Software AG reveals that 50% of employees are using Shadow AI—personal AI tools not provided by their companies—with 46% unwilling to stop using them even if banned. With 75% of knowledge workers already utilizing … Read the full press release

Pilkington Italy Expands Emissions Reduction Efforts with Second GEA DeNOx System at San Salvo Facility

(IN BRIEF) Pilkington Italy has ordered a second DeNOx gas purification system from GEA for its San Salvo glass production facility on the Adriatic coast. This follows the successful installation of the first system in 2020, which significantly reduced nitrogen … Read the full press release

Ingka Centres Launches Livli to Redefine Community-Focused Retail and Leisure Destinations in Europe

(IN BRIEF) Ingka Centres has introduced a new consumer brand, Livli, aimed at transforming European destinations into lively, community-focused meeting places that go beyond traditional shopping. Livli Kungens Kurva in the Stockholm area is the first location to adopt the … Read the full press release

Mercedes-Benz Enhances Safety in Econic Vehicles with Pedestrian Detection and Collision Prevention Systems

(IN BRIEF) Mercedes-Benz has introduced advanced safety features in its Econic waste collection vehicles, including the fourth-generation Active Brake Assist system, which detects pedestrians and automatically initiates partial braking to avoid collisions. Additionally, Sideguard Assist helps drivers navigate urban environments … Read the full press release

Autoservizi Troiani Expands Electric Bus Fleet with 110 Mercedes-Benz eCitaro Buses for Rome

(IN BRIEF) Autoservizi Troiani is expanding its electric bus fleet with the acquisition of 110 all-electric Mercedes-Benz eCitaro buses, to be delivered by mid-2026. This move supports the company’s goal of fully transitioning to electric public transport in the eastern … Read the full press release

University of Exeter Researchers Receive £400,000 Grant to Advance Innovative Type 1 Diabetes Treatments

(IN BRIEF) Researchers at the University of Exeter have been awarded nearly £400,000 from the Type 1 Diabetes Grand Challenge to explore innovative treatments for type 1 diabetes. Led by Dr. Craig Beall and Dr. Tom Piers, the project will … Read the full press release

Lifecare Transitions to Euronext Oslo Børs as It Moves Closer to Market with Innovative Diabetes Technology

(IN BRIEF) Lifecare, a Norwegian medtech company developing implantable sensors for glucose and biomarker monitoring, has transitioned from Euronext Growth Oslo to the main Euronext Oslo Børs market. This marks a significant milestone for the company, with a market capitalization … Read the full press release

DNV and MIRDC Join Forces to Drive Renewable Energy Innovation in Taiwan

(IN BRIEF) DNV and Taiwan’s Metal Industries Research & Development Centre (MIRDC) have signed a three-year Memorandum of Understanding (MoU) to collaborate on advancing renewable energy technologies in Taiwan. The partnership will focus on floating solar and wind technologies, energy … Read the full press release

Statkraft Seeks Permit for 2.1 GW Offshore Wind Farm to Power Stockholm’s Clean Energy Transition

(IN BRIEF) Statkraft has applied for a permit to develop the 2.1 GW Baltic Offshore Delta North wind farm in the Baltic Sea, located 100 kilometers east of Stockholm. This bottom-fixed offshore wind project, designed to generate up to 8 … Read the full press release

Würth Group Successfully Issues EUR 500 Million Bond to Strengthen Financial Liquidity and Strategy

(IN BRIEF) The Würth Group has successfully issued a EUR 500 million bond with a nearly 7-year term and a 3% fixed interest rate. The bond issuance follows a well-received European roadshow, where Würth presented its strategic plans and financial … Read the full press release

EFSA Confirms Safety of Silicon Dioxide in Food, Supporting Evonik’s Silica Products for Sustainable Use

(IN BRIEF) The European Food Safety Authority (EFSA) has confirmed the safety of silicon dioxide (E 551) as a food additive, including its use in infant food, after a recent scientific review. Evonik, a major producer of silica, welcomed this … Read the full press release

SAMS Expands Research Team with New Roles to Tackle Ocean Changes and Climate Impact

(IN BRIEF) The Scottish Association for Marine Science (SAMS) is expanding its research team with five new positions to enhance its understanding of ocean processes, particularly in response to climate change, biodiversity loss, and pollution. The new hires, including principal … Read the full press release

Vattenfall Unveils Tiny House Made from Recycled Wind Turbine at Dutch Design Week

(IN BRIEF) Vattenfall and design studio Superuse have converted the nacelle of a decommissioned wind turbine into a compact, sustainable tiny house, which is being showcased at Dutch Design Week. The project demonstrates innovative reuse of turbine materials, featuring modern … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

Garanti BBVA and WWF Türkiye Complete Key Projects for Wildlife Protection and Forest Fire Prevention

(IN BRIEF) Garanti BBVA and WWF Türkiye have successfully completed three new projects as part of their ‘Türkiye’s Life: Fire Management Grant Program,’ launched to mitigate forest fire risks and support wildlife conservation. The projects included efforts to protect caracal … Read the full press release

EIB and Deutsche Leasing Partner to Boost Green Transformation of Small Businesses with €200 Million Financing

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Leasing have signed the second tranche of a €560 million project to support the green transformation of small and medium-sized enterprises (SMEs) and mid-caps in Germany and Eastern Europe. With €200 … Read the full press release

EIB Supports Iberdrola with €120 Million Loan to Accelerate Spain’s Renewable Energy and Grid Innovations

(IN BRIEF) The European Investment Bank (EIB) has provided a €120 million loan to Iberdrola to advance research, development, and innovation projects in Spain’s energy sector, with a total investment of €250 million. The projects will focus on renewable energy … Read the full press release