Daily Archives: 5, March 2025

EIB Launches €150 Million Initiative to Empower Women Entrepreneurs in Spain’s Pharmacy Sector

(IN BRIEF) The European Investment Bank has committed €150 million to a pioneering financing initiative exclusively supporting women entrepreneurs in Spain’s pharmacy sector. The investment, delivered through a covered bond issued by CBNK—a bank formed by the merger of Banco … Read the full press release

European Investment Bank and Commission Launch Pioneering Gender Finance Lab to Boost Funding for Women Entrepreneurs

(IN BRIEF) The European Investment Bank and the European Commission have launched the first-ever Gender Finance Lab for commercial banks under the InvestEU Advisory Hub, aiming to enhance financial access for women-led and women-owned SMEs across Europe. This innovative masterclass … Read the full press release

Industry Leaders Pioneer Circular Economy in Boat Manufacturing with Recycled Composites

(IN BRIEF) A coalition of major industry players has launched a pioneering initiative in Western France to transform boat manufacturing through a circular economy model. In this breakthrough collaboration, Groupe Beneteau will incorporate recycled composite materials, including Arkema’s innovative Elium® … Read the full press release

Equinor, Okea and Pandion Confirm Promising Gas Discovery in Mistral Sør, Bolstering European Energy Security

(IN BRIEF) Equinor, in partnership with Okea and Pandion Energy, has confirmed a commercial gas and condensate discovery in the Mistral Sør exploration well located in the Halten area of the southern Norwegian Sea. Preliminary assessments estimate recoverable oil equivalent … Read the full press release

Vodafone, TELMA and Intel Unveil Breakthrough Algorithm to Double 5G Uplink Speeds

(IN BRIEF) Vodafone, in collaboration with TELMA and Intel, has developed an innovative equaliser algorithm that significantly boosts 5G uplink speeds and capacity. Addressing the growing need for enhanced upload performance in the era of AI and cloud storage, the … Read the full press release

Schaeffler Group Unveils 2024 Sustainability Report Integrating Vitesco Merger Data, Achieves Top CDP Ratings 

(IN BRIEF) The Schaeffler Group has released its 2024 Sustainability Statement as part of its Annual Report, fully aligning with EU CSRD and ESRS standards. This marks the first time the report integrates data from the recent merger with Vitesco … Read the full press release

SFC Energy Secures Landmark Saudi Order to Power Off-Grid Surveillance with Clean Energy

(IN BRIEF) SFC Energy AG has landed its first order in Saudi Arabia by signing a contract with RESTART Limited Company for EFOY Pro methanol fuel cells and accessories, designed to power off-grid CCTV and public safety monitoring systems. After … Read the full press release

Vitol Locks in 10-Year LNG Supply Deal to Bolster Philippines’ Sustainable Energy Future

(IN BRIEF) Vitol Asia Pte Ltd has signed a 10-year LNG supply agreement with LNGPH—the integrated LNG power facilities of SPPC and Excellent Energy Resources Inc—to deliver up to 0.8 million metric tons of LNG annually starting in 2025. The … Read the full press release

New Genetic Insights Boost Efficacy of Combination Therapy in Advanced Prostate Cancer

(IN BRIEF) Researchers at the Institute of Cancer Research in London have identified genetic markers that predict a significant survival benefit from combining ipatasertib with abiraterone in treating metastatic castration-resistant prostate cancer. In the phase III IPATential150 trial, patients whose … Read the full press release

London Researchers Unveil SYLVER Algorithm to Target Cancer’s Hidden Vulnerabilities

(IN BRIEF) Scientists at the Institute of Cancer Research in London have developed an innovative algorithm named SYLVER, which analyzes data from over 9,300 patients to identify synthetic lethal gene pairs that cancer cells depend on for survival. Unlike previous … Read the full press release

ASSA ABLOY Expands Global Security Portfolio with Acquisition of Canadian Legacy Brand Wallace & Wallace

(IN BRIEF) ASSA ABLOY has acquired Canadian company Wallace & Wallace, along with Wallace Perimeter Security, to expand its Perimeter Security portfolio and strengthen its position in mature markets. The acquisition, which integrates a firm renowned for its perimeter fencing, … Read the full press release

Sweco Awarded Contract to Assess Environmental Risks for Ignalina’s Deep Geological Repository

(IN BRIEF) The Ignalina Nuclear Power Plant in Lithuania has contracted Sweco for €448,000 to evaluate environmental risks for a proposed deep geological repository intended for the final disposal of long-lived radioactive waste. As a vital part of Ignalina’s decommissioning … Read the full press release

SEB Nordic Energy and Ingrid Capacity Unveil Nordics’ Largest Battery Storage Project to Boost Finnish Renewables

(IN BRIEF) SEB Nordic Energy’s portfolio company Locus Energy, in partnership with Ingrid Capacity, is launching the largest battery energy storage project in the Nordics. The project, which will add 70 MW/140 MWh of storage to its Finnish renewable assets, … Read the full press release

Sener Secures Key Role in ESA’s ExoMars Rosalind Franklin Mission

(IN BRIEF) Sener has been chosen by the European Space Agency to develop several key systems for the Rosalind Franklin rover, part of the ExoMars mission scheduled for launch in 2028. The company will design and manufacture the separation systems … Read the full press release

Continental Expands Road Tire Line with Grand Prix TR for Everyday and Endurance Riders

(IN BRIEF) In this announcement, Continental presents the Grand Prix TR as an affordable yet high-performing road tire, featuring tubeless-ready technology, a robust 4-ply design, and the BlackChili compound for optimized grip and efficiency. Positioned in the endurance category, it … Read the full press release

Proximus Global and Nokia Unveil Joint Plan for Developer-Friendly Network APIs at #MWC25

(IN BRIEF) Proximus Global, a digital communications leader, has entered a strategic collaboration with Nokia to integrate each other’s network APIs on their respective marketplaces. This move, showcased at #MWC25, aims to give developers better access to telecom capabilities—particularly 5G … Read the full press release