(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Luxembourg, Management, News, Switzerland
Tagged acquisition, Allianz Direct, iptiQ European P&C Business, Jef Van In, Luxembourg, partnership, Philipp Kroetz, Swiss Re
(IN BRIEF) The Saab F-39E Gripen fighter jet is making its debut at CRUZEX 2024, Latin America’s largest air exercise, hosted by the Brazilian Air Force. Held at Natal Air Base, the event includes over 2,000 personnel and 100 aircraft … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Brazil, Brazilian Air Force, CRUZEX 2024 Air Exercise, F-39E Gripen, Lieutenant Colonel Ramon Lincoln Santos Fórneas, Micael Johansson, partnership, Saab
(IN BRIEF) The Zencap European Sustainable Transition II (ZEST II) fund has successfully closed at €255 million, surpassing its target with a €75 million investment from the European Investment Fund (EIF) under InvestEU. This funding enables ZEST II to back … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIF, energy projects, Europe, European Union, investments, Marjut Falkstedt, partnership, sustainability, Zencap European Sustainable Transition II (ZEST II)
(IN BRIEF) Falkenklev Logistik in Sweden has added six FUSO eCanter electric trucks to its fleet for DHL deliveries in Malmö, supporting its commitment to sustainable urban logistics. These compact electric trucks, supplied by Veho Import AB, are well-suited for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Daimler truck, DHL, electric fleet, Falkenklev Logistik, FUSO eCanter Trucks, Malmö, partnership, sustainability, Sweden, Veho Import AB, Victor Falkenklev
(IN BRIEF) IKEA has opened its first UK high street restaurant in Hammersmith, allowing customers to enjoy popular Swedish dishes, including its famous meatballs, outside of a traditional IKEA store. Located beside the newly updated Hammersmith City Store, the restaurant … Read the full press release
(IN BRIEF) Evotec SE has sold its chemical API-focused manufacturing site, Evotec DS GmbH, to Monacum Partners as part of its “Priority Reset” strategy to focus on core growth areas. The Halle/Westphalia-based facility, now renamed DAPIN GmbH, will continue its … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged acquisition, API Manufacturing Site, DAPIN GmbH, Evotec, Monacum Partners, partnership, sustainability
(IN BRIEF) PVA TePla AG has opened a new, state-of-the-art facility in Marano Vicentino, Italy, doubling its previous production space and enhancing its in-house manufacturing of essential components for sectors like renewable energy and semiconductors. The sustainable, energy-efficient plant strengthens … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Italy, Jalin Ketter, Matteo Costeniero, partnership, production, PVA TePla, sustainability
(IN BRIEF) In response to severe flooding in Valencia, Vodafone Foundation, alongside Vodafone Spain and the Red Cross, deployed six Instant Networks to restore connectivity in hard-hit areas. A team of volunteers from Vodafone’s Instant Network Emergency Response programme quickly … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Non Profit, Spain, Technology, Telecom, United Kingdom
Tagged Emergency Networks, Flood-Stricken, Germany, Justin Waller, Lisa Felton, partnership, Red Cross, Spain, sustainability, the Netherlands, the UK, Valencia, Vital Connectivity, Vodafone Foundation, Vodafone Spain, Vodafone’s Instant Network Emergency Response (INER) programme
(IN BRIEF) Oracle has expanded its partnership with Vodafone Business IoT to enhance global IoT connectivity for its Enterprise Communications Platform (ECP), supporting various industries with near real-time data intelligence and compliance across 180 countries. The integration of Vodafone’s Global … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Enterprise Communications Platform, Erik Brenneis, Global IoT Connectivity, Industry Applications, Oracle, partnership, USA, vodafone
(IN BRIEF) Lloyds Banking Group has become the first UK bank to earn the Fertility Friendly Employer Accreditation, demonstrating its commitment to supporting employees through fertility-related challenges. Awarded by Fertility Matters at Work, the accreditation recognizes Lloyds’ policies on fertility … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Society, United Kingdom
Tagged Awards, DE&I initiatives, environmental, family-friendly workplace, Fertility Friendly Employer Accreditation, Fertility Matters at Work (FMAW), fertility treatment leave, Inclusive Workplace Policies, leadership, Lloyds Banking Group, pregnancy loss support, Rachel Osikoya, society, UK Bank
(IN BRIEF) LCH has appointed Michel Semaan as the new Global Head of RepoClear, where he will lead the service’s next growth phase, focusing on expanding clearing memberships and advancing RepoClear’s Sponsored Clearing models. Reporting to the CEOs of LCH … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, Marketing, News, United Kingdom
Tagged appointment, Corentine Poilvet-Clediere, Daniel Maguire, Euro and Sterling Repo Markets, France, Global Head of RepoClear, Isabelle Girolami, LCH, leadership, LSEG, Michel Semaan
(IN BRIEF) Bentley Motors has promoted Christophe Georges to Board Member for Sales and Marketing, effective December 1, 2024. With 26 years at Bentley, including leadership roles in North America, Christophe brings extensive experience in global sales and marketing. In … Read the full press release
(IN BRIEF) BASF has finalized the sale of its flocculant mining business to Solenis, transferring several key flocculant brands to focus on its core strengths in flotation and solvent extraction for the mining industry. This move, part of BASF’s “Winning … Read the full press release
(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release
Posted in Austria, Business, Croatia, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, Montenegro, News, Poland, Romania, Slovakia, Technology, Telecom
Tagged Austria, Christmas campaign, Connection, CROATIA, Deutsche Telekom, Europe, Germany, holidays, Hungary, Montenegro, NORTH MACEDONIA, Poland, Romania, Slovakia, The Czech Republic, Ulrich Klenke, Unity
(IN BRIEF) Deutsche Telekom’s MMS and Bankhaus Metzler have launched a pilot project, “Digital Monetary Photosynthesis,” using surplus renewable energy to power Bitcoin mining as a means of stabilizing Germany’s energy grid. By converting unused renewable energy from sources like … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Bankhaus Metzler, Bitcoin Mining, Deutsche Telekom, Deutsche Telekom MMS, Germany, grid stability, Oliver Nyderle, partnership, renewable energy
(IN BRIEF) Allianz X has partnered with AlTi Global to launch a private markets investment platform tailored for ultra-high-net-worth clients, initially focusing on private debt. Through this joint venture with Allianz Global Investors, the program will provide UHNW investors with … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, Marketing, News, Technology
Tagged Allianz X, AlTi Global, investment, investors, Michael Tiedemann, Nazim Cetin, partnership, Private Debt Access, Tobias Pross, USA
(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release
(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Italy, Management, News, Small Business
Tagged Antonio Frezza, Costantino Chessa, Eni, ESG Transformation, Italy, Open-es, partnership, SACE, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced a pioneering risk-sharing facility in Moldova with OTP Bank, enabling €30 million in new financing aimed at supporting the country’s MSMEs, particularly in agriculture and trade. This EU-backed … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, Moldova, News, Small Business, United Kingdom
Tagged agriculture, Bogdan Spuza, Catarina Bjorlin Hansen, EBRD, Financial, Moldovan, MSMEs, OTP Bank Moldova, partnership, sustainability, trade
(IN BRIEF) The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have launched a new €500 million guarantee agreement aimed at bolstering public sector investment across Italy, particularly in central and southern regions. This initiative, which builds on … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged Cassa Depositi e Prestiti (CDP), EIB, investment, Italy, partnership, public sector, sustainability
(IN BRIEF) Aurubis, a global leader in non-ferrous metals and copper recycling, has won the 17th German Sustainability Award in the Metal Sector for its commitment to carbon-neutral and circular metal production. This prestigious European award honors Aurubis’ extensive efforts … Read the full press release
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