Daily Archives: 28, October 2024

Neste Restructures Leadership Team, Appoints Eeva Sipilä as Incoming CFO to Drive Strategic Focus

(IN BRIEF) Neste has announced a new Leadership Team to enhance operational efficiency and performance, effective immediately. Heikki Malinen, President and CEO, will also lead Neste’s Renewable Products business area. Markku Korvenranta has been appointed Executive Vice President of Oil … Read the full press release

Infineon to Highlight Decarbonization and Digitalization Solutions at electronica 2024

(IN BRIEF) At the electronica 2024 trade show in Munich, Infineon Technologies will present its latest semiconductor solutions that drive decarbonization and digitalization, focusing on clean mobility, smart living spaces, and AI applications. Key highlights include the world’s first 300 … Read the full press release

AstraZeneca’s Fasenra Approved in EU for Treating Rare Vasculitis, Offering New Hope for EGPA Patients

(IN BRIEF) AstraZeneca’s Fasenra (benralizumab) has been approved in the European Union as an add-on treatment for adults with eosinophilic granulomatosis with polyangiitis (EGPA), a rare and severe form of vasculitis. The approval follows positive results from the MANDARA Phase … Read the full press release

Metso Partners with Hindalco to Supply Advanced Refinery Equipment for New Precious Metals Facility in India

(IN BRIEF) Metso has received an order from Hindalco Industries, part of the Aditya Birla Group, to provide engineering services and key equipment for a new precious metals refinery in Gujarat, India. This state-of-the-art facility, set to be commissioned within … Read the full press release

Saab Secures GBP 20 Million Amendment to Enhance British Army Training in Oman

(IN BRIEF) Saab has signed a GBP 20 million amendment to its existing training contract with the UK Ministry of Defence, enhancing support for British Army training in Oman. The deal, which includes deliveries through 2024 and 2025, provides advanced … Read the full press release

Continental’s SportContact 7 Tires Power the New 1,000 HP BRABUS ROCKET GTS Supercar

(IN BRIEF) Continental has partnered with BRABUS to exclusively supply its high-performance SportContact 7 tires for the new BRABUS ROCKET GTS supercar. This collaboration extends a 25-year relationship between the two companies, focusing on optimizing performance and safety for high-powered … Read the full press release

Empa Researchers Unveil Key Insights into “Superspreader” Protein Fibrils in Alzheimer’s

(IN BRIEF) Empa researchers, in collaboration with the University of Limerick, have identified a highly active type of protein fibril, termed “superspreader,” that may play a key role in the progression of Alzheimer’s disease. Using advanced atomic force microscopy, they … Read the full press release

Eviden Leads European Initiative to Enhance Cybersecurity with CYDERCO Project

(IN BRIEF) Eviden, part of the Atos Group, is leading the CYDERCO project, a three-year European initiative co-funded by the European Commission to enhance the capabilities of Security Operations Centers (SOCs) across the EU. The project, coordinated by Eviden in … Read the full press release

Vantage Drilling Debuts on Euronext Growth Oslo with NOK 3.8 Billion Market Capitalization

(IN BRIEF) Vantage Drilling, an offshore drilling contractor, has listed on Euronext Growth Oslo, achieving a market capitalization of NOK 3.8 billion with an initial share price of NOK 287. This marks the ninth listing on Oslo’s market this year … Read the full press release

Kapsch TrafficCom Secures 10-Year Extension to Enhance Riverside County Toll Services Through 2041

(IN BRIEF) Kapsch TrafficCom has secured a 10-year extension to its partnership with the Riverside County Transportation Commission (RCTC), continuing to provide advanced tolling services and traffic management through 2041. The extension builds on seven years of successful operations, managing … Read the full press release

Sainsbury’s and Comic Relief Team Up to Provide Over 5 Million Meals to Families in Need This Winter

(IN BRIEF) Sainsbury’s has partnered with Comic Relief to provide over five million meals to families facing food poverty this winter. Throughout December, proceeds from the sale of Sainsbury’s and Free From mince pies will be donated to Comic Relief, … Read the full press release

Daimler Truck and Volvo Group Partner in Joint Venture to Lead Digital Transformation of Commercial Vehicles

(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release

Adyen and BCG Report Highlights $185 Billion Growth Potential for SaaS Platforms in Embedded Finance

(IN BRIEF) A joint report from Adyen and Boston Consulting Group (BCG) reveals a $185 billion market opportunity for Software-as-a-Service (SaaS) platforms through embedded finance, showing a 25% increase since 2022. Driven by favorable interest rates and increased demand from … Read the full press release

JOST Joins Forces with AeroAlliance to Drive Innovation in Trailer Aerodynamics

(IN BRIEF) JOST, a global leader in safety systems for commercial vehicles, joined the AeroAlliance platform in September 2024. This partnership aims to promote innovative aerodynamic solutions for trailers, targeting reduced energy consumption and improved fleet efficiency. Aligned with the … Read the full press release

Fielmann Group Earns C+ Prime ESG Status, Strengthening Its Appeal to Sustainable Investors in Healthcare Sector

(IN BRIEF) The Fielmann Group has been awarded a C+ Prime Status ESG rating in the Healthcare category by ISS ESG, a major firm in sustainable investment assessments. This marks the first time the global eyewear and eyecare provider has … Read the full press release

Portuguese Startup Outlaw Parts Culture Launches Online Store, Revolutionizing Classic Car Parts Shopping

(IN BRIEF) Outlaw Parts Culture, a leading supplier of premium classic Volkswagen car parts, has launched its new online platform, offering a comprehensive destination for Volkswagen and Porsche enthusiasts. The store features over 10,000 carefully curated parts, including engine components, … Read the full press release