Daily Archives: 25, February 2025

Unilever Appoints Fernando Fernandez as CEO, Reaffirms Growth Strategy and Financial Outlook

(IN BRIEF) Unilever has announced that Hein Schumacher will step down as CEO and Board Director by March 1, 2025, with Fernando Fernandez, currently the CFO, succeeding him as CEO. This leadership transition aligns with the company’s commitment to further … Read the full press release

Henkel Launches Loctite HB XE Line, Setting New Standards for Fire Protection and Sustainability in Timber Construction

(IN BRIEF) Henkel has launched its Loctite HB XE Line, a new generation of adhesive designed for cross-laminated timber (CLT) and glued laminated timber (GLT) that meets the highest fire protection standards while promoting sustainable timber construction. The adhesive passes … Read the full press release

Thales Launches cortAIx in the UK to Drive Trusted AI Innovation for Defence and Security

(IN BRIEF) Thales has launched its cortAIx initiative in the UK, a significant move in advancing trusted AI for defence and security. The new centre, which will employ 200 AI and data specialists, aligns with the UK Government’s vision for … Read the full press release

MEO Recognized as Portugal’s Best in Mobile Internet for the Second Consecutive Year

(IN BRIEF) MEO has earned the ‘Best in Test – Mobile Internet’ recognition for the second year in a row, according to DECO PROTESTE’s QualRede app, solidifying its leadership in Portugal’s telecommunications industry. MEO outperformed its competitors in mobile internet … Read the full press release

TÜV Rheinland Verifies Veno Pro Palm Vein Recognition Smart Lock for Performance and Reliability

(IN BRIEF) TÜV Rheinland has verified the palm vein recognition rate and speed of the Veno Pro Palm Vein Recognition Video Smart Lock, confirming its reliable performance for everyday use. The smart lock, introduced by LOCKIN (U.S.) Inc. Technology in … Read the full press release

Telia Sells TV & Media Business to Schibsted for SEK 6.55 Billion to Focus on Core Connectivity Operations

(IN BRIEF) Telia Company has announced the sale of its TV & Media business, which includes TV4 in Sweden and MTV in Finland, to Schibsted Media for SEK 6.55 billion. This decision aligns with Telia’s strategy to focus on its … Read the full press release

Retail Sector Struggles Continue as Sales Decline for Fifth Consecutive Month, CBI Survey Shows

(IN BRIEF) The latest quarterly Distributive Trades Survey from the CBI shows that retail sales in February continued to decline for the fifth consecutive month, with retailers expecting a more significant downturn in March. Retailers remain pessimistic about the future, … Read the full press release

Ørsted Moves Forward with Denmark’s First Full-Scale Carbon Capture and Storage Project at Kalundborg CO2 Hub

(IN BRIEF) Ørsted has made a significant step towards the realization of Denmark’s first full-scale carbon capture and storage project, the Ørsted Kalundborg CO2 Hub, with the successful installation of key components at Avedøre and Asnæs Power Stations. This milestone … Read the full press release

BGFA’s Training Programme in Uganda Advances Skills, Gender Inclusion, and Off-Grid Energy Access

(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release

Morrisons Partners with Purpl to Offer 10% Discount for Disabled Customers on Online Grocery Orders

(IN BRIEF) Morrisons has partnered with the discount platform Purpl to offer a 10% discount on grocery orders of £25 or more for the UK’s disabled community. This initiative is aimed at easing the additional living expenses faced by disabled … Read the full press release

Finnish Ambassador Sari Rautio Explores Iberdrola’s Smart Grids Innovation Hub in Bilbao

(IN BRIEF) Finnish Ambassador to Spain, Sari Rautio, visited Iberdrola’s Global Smart Grids Innovation Hub in Bilbao, accompanied by a trade delegation and the Honorary Consul of Finland, Carolina Pérez Toledo. The group was welcomed by Iberdrola executives Asís Canales … Read the full press release

EPP Group Supports Omnibus Business Simplification to Drive Growth and Reduce Bureaucratic Barriers

(IN BRIEF) The EPP Group has voiced strong support for the upcoming Omnibus business simplification initiative, emphasizing the urgent need for economic growth and job creation in Europe. With a focus on cutting unnecessary bureaucratic obstacles, the group aims to … Read the full press release

Borealis Achieves EcoVadis Gold Rating, Reflecting Commitment to Sustainability and CSR

(IN BRIEF) Borealis has earned the prestigious EcoVadis Gold rating for 2024, improving its score from 73 to 81 and placing the company among the top 5% in terms of sustainability. This recognition reflects Borealis’ commitment to enhancing recyclability and … Read the full press release

ZF to Showcase Innovative CeTrax 2 e-Drive and Automated Transport Solutions at Mobility Move 2025

(IN BRIEF) ZF will present its latest innovations for public transport at the Mobility Move conference and trade fair in Berlin from April 1-3. The company will showcase the German debut of its CeTrax 2 electric central drive, which offers … Read the full press release

Infineon and Eatron Expand Partnership to Offer AI-Driven Battery Management Solutions Across Industries

(IN BRIEF) Infineon Technologies has expanded its collaboration with Eatron to offer a comprehensive battery management solution (BMS) for automotive, industrial, and consumer applications. By combining Infineon’s PSOC microcontrollers with Eatron’s AI-powered battery optimization software, the partnership aims to enhance … Read the full press release