Daily Archives: 29, January 2025

SIX Announces Leadership Changes with Departures of Javier Hernani and Jochen Dürr

(IN BRIEF) SIX has announced that two of its Executive Board members, Javier Hernani and Jochen Dürr, will leave the company effective 1 February 2025. Hernani, who led the Business Unit Securities Services since the acquisition of BME, expanded its … Read the full press release

TravelPerk Secures $200 Million in Series E Funding to Expand AI-Driven Travel and Expense Management Solutions

(IN BRIEF) TravelPerk, a leader in business travel management software, has secured a $200 million Series E investment co-led by EQT Growth and Atomico, along with participation from other new and existing investors. The funding round, which boosts TravelPerk’s valuation … Read the full press release

EIB’s €230 Million Loan Supports UZ Leuven’s Infrastructure Overhaul and Research Growth in Belgium

(IN BRIEF) UZ Leuven has secured a €230 million loan from the European Investment Bank (EIB) to support its expansion and modernization efforts as part of its “Health Sciences Campus 2.0” masterplan. The funding will be used to upgrade critical … Read the full press release

EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide

(IN BRIEF) SES has secured a €125 million loan from EIB Global to expand its O3b mPOWER satellite network with three additional satellites. The loan will support the network’s efforts to provide high-performance broadband to underserved regions, particularly in Africa, … Read the full press release

Barco ClickShare Survey Reveals IT Leaders Struggling with Sustainability Goals Due to Lack of Support

(IN BRIEF) Barco ClickShare’s recent survey reveals a significant gap between IT leaders’ personal commitment to sustainability and the lack of organizational support to achieve decarbonisation goals. Despite 98% of IT leaders setting sustainability KPIs, challenges such as leadership indifference, … Read the full press release

ABN AMRO Highlights Early Decarbonisation Investments as Key to Long-Term Financial Gains

(IN BRIEF) ABN AMRO’s research emphasizes the financial advantages of early investment in decarbonisation technologies. Companies that invest before 2029 are expected to benefit from lower costs and enhanced competitiveness, helping them meet climate goals. Available technologies, such as electrification, … Read the full press release

Rob Burley Appointed Honorary Fellow at University of Liverpool’s Department of Politics

(IN BRIEF) Rob Burley, an acclaimed TV producer and author, has been appointed as an Honorary Fellow at the University of Liverpool’s Department of Politics. Known for his role in political television, Burley’s 2023 book Why Is This Lying Bastard … Read the full press release

Swisscom’s ‘We Are Family!’ Discount Offers Major Savings for Households with Multiple Mobile Plans

(IN BRIEF) Swisscom has launched the “We are Family!” discount, offering a 50% reduction on second and subsequent mobile subscriptions within the same household. This new offer builds on existing discounts, allowing families, flatmates, and couples to save up to … Read the full press release

ANDRITZ Strengthens Aitex’s Textile Recycling Capabilities with Advanced reXline Technology

(IN BRIEF) ANDRITZ has successfully supplied and commissioned a reXline tearing installation at Aitex in Alicante, enhancing the center’s capabilities for textile recycling research and development. The installation will support Aitex’s efforts to process a variety of raw materials, specifically … Read the full press release

ESA Funds Innovative Study by SatVu and University of Glasgow to Develop Heat Loss Index for Energy Efficiency

(IN BRIEF) The European Space Agency (ESA) is funding a feasibility study led by SatVu and the University of Glasgow to develop the Heat Loss Index (HLI), a new metric aimed at improving the analysis of building energy efficiency. This … Read the full press release

ING Finalizes Deal to Sell Russian Operations to Global Development JSC

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced the sale of its Russian operations to Global Development JSC, marking its exit from the Russian market. The sale includes the transfer of all shares of ING Bank (Eurasia) JSC and its associated activities. Global … Read the full press release

TotalEnergies Extends Partnership with CAF to Champion Football Development Across Africa

(IN BRIEF) TotalEnergies has extended its partnership with the Confederation of African Football (CAF) for another four years, continuing its sponsorship of major football events across the continent. The agreement includes support for high-profile tournaments such as the CAF Africa … Read the full press release

STMicroelectronics and TotalEnergies Forge Historic PPA to Power Operations with 100% Renewable Energy in France

(IN BRIEF) STMicroelectronics has signed its first physical Power Purchase Agreement (PPA) with TotalEnergies to secure renewable energy for its operations in France. The 15-year contract will deliver 1.5 TWh of clean power from two new wind and solar farms, … Read the full press release

Barclays’ Mortgage Boost Aims to Ease First-Time Buyers’ Path to Home Ownership

(IN BRIEF) Barclays has introduced Mortgage Boost, an initiative aimed at helping first-time buyers borrow more without the need for a larger deposit. The scheme allows family or friends to increase the borrowing capacity without directly lending money, offering a … Read the full press release

NatWest Partners with Serene to Tackle Financial Vulnerability with AI-Driven Solutions

(IN BRIEF) NatWest Group has made a minority investment in Serene, an AI platform designed to help detect and address financial vulnerability. The collaboration will enable the bank to enhance its customer support models and provide personalized solutions for individuals … Read the full press release

Orange Launches Nuanua Project to Enhance Connectivity in Wallis and Futuna Using SES’s O3b mPOWER System

(IN BRIEF) Orange has launched the Nuanua project, aiming to replace existing satellite infrastructure in the Wallis and Futuna Islands with SES’s O3b mPOWER system. This initiative will enhance connectivity for the nearly 12,000 residents by providing faster, more reliable … Read the full press release

LSEG Launches Comprehensive Research & Insights App on Workspace, Simplifying Access to Key Financial Intelligence

(IN BRIEF) LSEG has launched the LSEG Research & Insights app on its Workspace platform, centralizing access to a broad range of proprietary research and insights. This new tool brings together expert content from various financial domains, including commodities, sustainable … Read the full press release

DHL Express and Cosmo Oil Collaborate on First SAF-Powered Cargo Service in Japan, Marking a Milestone for Emission Reduction

(IN BRIEF) DHL Express has signed a landmark deal with Cosmo Oil Marketing Co. Ltd. to purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, set to begin in April 2025. This move will mark the first SAF-powered cargo … Read the full press release

BASF Transitions European Operations to Renewable Electricity to Drive Sustainable Growth

(IN BRIEF) BASF’s Performance Materials division has completed a major sustainability milestone by transitioning all its European production sites to renewable electricity, starting in 2025. This step affects the company’s manufacturing of Engineering Plastics, Polyurethanes, Thermoplastic Polyurethanes, and Specialty Polymers. … Read the full press release