Daily Archives: 29, October 2024

EIB and EACCNY Launch Alliance to Drive Sustainable Infrastructure Investment in Developing Regions

(IN BRIEF) The European Investment Bank (EIB) and the European American Chamber of Commerce New York (EACCNY) have established the Transatlantic Resilient Infrastructure Alliance (TRIA) to mobilize private sector investment for infrastructure projects in low- and middle-income countries. Bringing together … Read the full press release

EIB Backs GEWOBA’s Project for Affordable and Climate-Friendly Housing in Bremen

(IN BRIEF) The European Investment Bank (EIB) is providing a €125 million loan to GEWOBA, Bremen’s largest rental housing provider, to support a €500 million initiative aimed at expanding affordable, climate-friendly housing in Bremen and Bremerhaven. This project will build … Read the full press release

TUM Researchers Develop New Method to Boost Zinc Battery Lifespan, Advancing Large-Scale Energy Storage

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed a new chemical method that dramatically extends the lifespan of zinc-ion batteries, potentially reaching hundreds of thousands of charge cycles. This innovation uses a special protective layer on … Read the full press release

Vienna Insurance Group Launches Cyber Risk Solutions to Strengthen Cybersecurity for SMEs

(IN BRIEF) Vienna Insurance Group (VIG) has launched Cyber Risk Solutions GmbH (CyRiSo) to support small and medium-sized businesses in managing cyber risks. CyRiSo provides a range of services, including risk assessments, incident response, and ransomware protection, helping clients mitigate … Read the full press release

Maersk and Danone Join Forces to Slash Emissions in Global Logistics with ECO Delivery Ocean Partnership

(IN BRIEF) Maersk and Danone have partnered to cut greenhouse gas emissions in Danone’s logistics operations by using Maersk’s ECO Delivery Ocean service, which relies on bio-based fuels made from waste feedstocks. This collaboration, part of Danone’s commitment to reach … Read the full press release

QIAGEN Gains FDA Approval for QIAstat-Dx Mini Panel, Enhancing Outpatient Respiratory Diagnostics with Rapid Results

(IN BRIEF) QIAGEN has announced FDA clearance for its QIAstat-Dx Respiratory Panel Mini, marking the third such approval for the QIAstat-Dx system in 2024. Tailored for outpatient settings, this panel quickly detects five common respiratory pathogens—including influenza strains and SARS-CoV-2—enabling … Read the full press release

DNB and Ericsson Win Top Award for AI-Driven Solution, Enhancing Malaysia’s 5G Network Efficiency and Resilience

(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson have received the FutureNet Asia 2024 Award for their AI-powered intent-based operations (IBO) solution in Malaysia’s 5G network, recognized for advancing intelligent network management and resilience. This IBO solution leverages AI to … Read the full press release

Ericsson and MasOrange Partner on Spain’s First Open RAN 5G Network, Advancing European Telecommunications

(IN BRIEF) Ericsson and MasOrange have launched a five-year collaboration to establish an Open RAN-ready network in Spain, integrating Orange Spain and MASMOVIL’s infrastructure to create a high-capacity 5G Standalone network. This partnership enables MasOrange to provide flexible, scalable 5G … Read the full press release

Ericsson and Telstra Introduce Groundbreaking Automated Energy Saver for Smarter, Sustainable 5G Network Management

(IN BRIEF) Ericsson and Telstra have launched the 5G Advanced Automated Energy Saver (AES), a cutting-edge feature for energy-efficient network management, making Telstra the first in the Southern Hemisphere to implement such a solution. AES uses intent-based automation to optimize … Read the full press release

SSAB Names Per Elfgren as New Head of Special Steels to Drive Innovation and Sustainability

(IN BRIEF) SSAB has appointed Per Elfgren as the new head of SSAB Special Steels, where he will leverage his extensive experience in market development, product innovation, and international sales. Having been with SSAB since 1996, Elfgren’s expertise is expected … Read the full press release

OMV Secures 67 GWh in Renewable Energy Agreements, Boosting Decarbonization Efforts at Key Facilities

(IN BRIEF) OMV has entered power purchase agreements with VERBUND and ImWind to secure 67 GWh of renewable electricity each year, meeting over 35% of its Schwechat refinery and Adria Wien Pipeline’s power needs. The supply, 65% from hydropower and … Read the full press release

Accenture Expands AI and SAP Capabilities with Acquisition of Camelot Management Consultants

(IN BRIEF) Accenture has completed its acquisition of Camelot Management Consultants, a German firm specializing in SAP, supply chain, and data analytics consulting. This acquisition, first announced in July, enhances Accenture’s SAP and AI-driven supply chain capabilities, allowing it to … Read the full press release

Stora Enso Acquires Junnikkala Oy to Bolster Wood Supply and Expand Sawmilling Operations in Finland

(IN BRIEF) Stora Enso is acquiring Finnish sawmill company Junnikkala Oy to secure a reliable wood supply for its packaging board production in Oulu and to support its wood products division with enhanced resources. The acquisition, valued up to EUR … Read the full press release

AFRY and Helen Partner on Feasibility Study for Finland’s First Large-Scale Green Hydrogen Production Plant

(IN BRIEF) Helen has commissioned AFRY to conduct a feasibility study for a large-scale green hydrogen production plant in Helsinki. This study will evaluate the conditions for producing green hydrogen effectively, supporting Helen’s goal to offer carbon-neutral district heating, cooling, … Read the full press release

Horizon Energy Ventures and Landis+Gyr Partner to Boost Workplace EV Charging Solutions Across the UK

(IN BRIEF) Horizon Energy Ventures and Landis+Gyr have joined forces to expand workplace EV charging solutions across the UK, blending Horizon’s expertise in sustainable finance with Landis+Gyr’s advanced energy management technology. This collaboration aims to accelerate the rollout of efficient, … Read the full press release

Thales and BCG Partner to Strengthen Cyber Resilience for Major Enterprises with Comprehensive Crisis Management Solutions

(IN BRIEF) Thales and Boston Consulting Group (BCG) have formed a strategic partnership to strengthen cyber resilience for major French corporations amid rising digital threats. Launched at the Assises de la Sécurité event, this collaboration combines Thales’ technical cybersecurity expertise … Read the full press release

Qatar Airways Leads in Digital Innovation, Adopting Thales’ Groundbreaking FlytEDGE Inflight Entertainment System for A321 NX Fleet

(IN BRIEF) Qatar Airways has partnered with Thales to equip its A321 NX fleet with FlytEDGE, the first cloud-native inflight entertainment system. As the first airline to select this system, Qatar Airways enhances its digital transformation journey, delivering personalized and … Read the full press release

DWS Xtrackers Joins SIX Swiss Exchange, Boosting Regulated Crypto Investment with New Bitcoin and Ethereum ETPs

(IN BRIEF) DWS Xtrackers has debuted on the SIX Swiss Exchange with two new cryptocurrency-backed Exchange-Traded Products (ETPs), focusing on Bitcoin and Ethereum. As the 17th crypto ETP issuer on SIX, DWS Xtrackers strengthens its position in the digital asset … Read the full press release

EIB and CDP Invest €500 Million in ACEA to Boost Rome’s Energy Infrastructure and Support Green Transition

(IN BRIEF) ACEA has secured €500 million in financing from the European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP), backed by SACE, to upgrade the electricity distribution network managed by Areti in Rome and Formello. This investment, aimed … Read the full press release

EIB Boosts Funding for Stockholm’s Slussen Revamp, Advancing Sustainable Urban Development

(IN BRIEF) The European Investment Bank (EIB) has granted an additional €264 million to the ongoing redevelopment of Stockholm’s Slussen area, which aims to modernize infrastructure and enhance sustainability. This funding builds on an earlier €382 million loan and will … Read the full press release