Daily Archives: 7, March 2025

JERA Nex bp Unveils Elite Leadership Team to Propel Global Offshore Wind Expansion

IN BRIEF) JERA Co., Inc. and bp have announced the leadership team for their new 50-50 offshore wind joint venture, JERA Nex bp, positioning the entity as a global leader in the development, ownership, and operation of offshore wind projects. … Read the full press release

EIB Group Bolsters Croatian Business Financing with €132 Million Guarantee Package

(IN BRIEF) The EIB Group has provided a €132 million guarantee package to Croatia-based Erste&Steiermärkische Bank d.d. to expand its lending to Croatian Mid-Caps, micro-entrepreneurs, and social enterprises. The package includes a €100 million guarantee from the EIB and €32 … Read the full press release

EIB Boosts Latvia’s Grid Modernization with €200 Million Loan for Renewable Energy Integration

(IN BRIEF) The European Investment Bank has approved a €200 million loan to Latvenergo AS to upgrade Latvia’s electricity distribution network, enhancing reliability for nearly 1.9 million customers while integrating digital innovations and renewable energy sources. Scheduled for completion by … Read the full press release

MATTERHORN Trial Shows Perioperative Immunotherapy Significantly Enhances Survival in Gastric and GEJ Cancer Patients

(IN BRIEF) The MATTERHORN Phase III trial has demonstrated that a perioperative regimen combining AstraZeneca’s Imfinzi (durvalumab) with FLOT chemotherapy significantly improves event-free survival in patients with resectable gastric and gastroesophageal junction cancers compared to standard chemotherapy alone. Interim findings … Read the full press release

M&S, Sir Chris Hoy, and Prostate Cancer UK Launch Nationwide Prostate Cancer Awareness Campaign

(IN BRIEF) Marks & Spencer has teamed up with Olympic champion Sir Chris Hoy and Prostate Cancer UK to promote prostate cancer awareness through an online risk checker campaign. Donating £4 from every pack of Autograph men’s underwear sold, the … Read the full press release

H&M Unveils Magda Butrym Collection Celebrating Slavic Femininity and Modern Elegance

(IN BRIEF) H&M has announced its first-ever collaboration with Polish designer Magda Butrym, set to launch on 24 April 2025 at hm.com and in select stores. The collection, which celebrates Slavic-inspired femininity through a central rose motif, revisits iconic pieces … Read the full press release

Zalando Secures 90% Stake in ABOUT YOU, Sets Squeeze-Out Plan for Minority Shareholders

(IN BRIEF) Zalando SE has acquired more than 90% of ABOUT YOU Holding SE’s share capital through its public takeover offer, with the acceptance period ending on 6 March 2025 and final results set to be published on 11 March … Read the full press release

UniCredit Boosts Digital Ambitions with €376 Million Acquisition of Aion Bank and Vodeno

(IN BRIEF) UniCredit has acquired 100% of Aion Bank and Vodeno for €376 million, marking a significant milestone in its Unlocked strategy to boost digital banking. This acquisition provides the bank with an advanced, cloud-based core banking platform that features … Read the full press release

MAPFRE RE Partners with CyberCube to Boost Cyber Risk Management Capabilities

(IN BRIEF) MAPFRE RE has signed a three-year licensing deal with CyberCube to integrate its advanced cyber risk management tools, including a cyber accumulation solution, into its operations. This strategic partnership aims to enhance MAPFRE RE’s ability to assess and … Read the full press release

Roche and Genentech Unveil Cutting-Edge R&D Hub at Harvard Campus to Revolutionize Healthcare Research

(IN BRIEF) Roche announced the launch of the Roche Genentech Innovation Center Boston at Harvard’s Enterprise Research Campus in Allston, establishing a hub that will drive breakthroughs in Cardiovascular, Renal, and Metabolism research while also leveraging data science and AI … Read the full press release

Telecom Veteran Morten Karlsen Sørby Appointed Interim Head of Telia Norway

(IN BRIEF) Telia Norway has named Morten Karlsen Sørby as its acting Head, effective March 17, to manage Norwegian operations until Bjørn Ivar Moen takes over in January 2026. Sørby, with over 26 years in telecommunications and a significant tenure … Read the full press release

TÜV Rheinland Validates SJEF Solar’s Emission Data in Pioneering ISO Certification Initiative

(IN BRIEF) On February 28, TÜV Rheinland Greater China confirmed SJEF Solar’s organizational greenhouse gas emissions and the cradle-to-gate carbon footprint of its N-type TOPCon solar cells through a thorough ISO-standard verification process that involved document reviews, interviews, and on-site … Read the full press release

AkzoNobel Advances Towards 100% Renewable Electricity with Major Milestones in China

(IN BRIEF) AkzoNobel is making significant progress in China toward its goal of achieving 100% renewable electricity across its production sites. Currently, eight of the company’s 15 facilities in China are utilizing a combination of self-generated and externally sourced renewable … Read the full press release

APM Terminals Champions Gender Equality and Women’s Empowerment in Maritime Logistics

(IN BRIEF) APM Terminals is focused on increasing female participation in the male-dominated maritime logistics industry, especially as International Women’s Day approaches. The company has implemented various global and regional initiatives to recruit, retain, and support women across all levels. … Read the full press release

KUKA Powers First AI-Driven Robotic Restaurant at Barcelona-El Prat Airport, Redefining Food Service

(IN BRIEF) KUKA has contributed to the launch of the world’s first robot-operated restaurant with artificial intelligence (AI) at Josep Tarradellas Barcelona-El Prat Airport. The SELF restaurant uses a KUKA robotic arm and advanced machine vision to autonomously manage and … Read the full press release

TUM Researchers Develop 100x Faster Method to Cut Energy Consumption in AI Neural Network Training

(IN BRIEF) Researchers at the Technical University of Munich have developed a new method for training neural networks that is 100 times faster and more energy-efficient than traditional iterative approaches. By using probabilities instead of iterative adjustments, the method reduces … Read the full press release

QIAGEN Gains FDA Approval for New QIAstat-Dx Gastrointestinal Panel 2 Mini B, Expanding Syndromic Testing Options

(IN BRIEF) QIAGEN has received FDA approval for its QIAstat-Dx Gastrointestinal Panel 2 Mini B, expanding its syndromic testing offerings for gastrointestinal infections in the U.S. This new panel targets five major bacterial pathogens and complements the previously cleared QIAstat-Dx … Read the full press release

Flexible Nurse Deployment Could Significantly Reduce Neonatal Transfers in the Netherlands, Study Finds

(IN BRIEF) Researchers from the University of Twente, in collaboration with Amalia Children’s Hospital Nijmegen and Emma Children’s Hospital Amsterdam, have developed a solution to reduce the number of neonatal transfers in the Netherlands. Their study suggests that by allowing … Read the full press release

University of Twente Team Wins First Place at WED for Sustainable Plastic Waste Solution

(IN BRIEF) The University of Twente team won first place at World Engineering Day for Sustainable Development (WED) for their innovative “ManufacturingBox” project. This solution addresses plastic waste and inadequate housing by creating a self-sustaining microfactory that turns plastic waste … Read the full press release

University of Liverpool Researcher Yun Bing Receives Innovate UK Award for Pioneering AI Speech Therapy Platform

(IN BRIEF) Yun Bing, a Postdoctoral Researcher at the University of Liverpool, has won the Innovate UK Women in Innovation Award for her AI-based speech therapy platform, Beautiful Voice. The award, which celebrates women leading in innovation, was presented by … Read the full press release