Daily Archives: 14, April 2025

bp Announces Oil Discovery at Far South Prospect as Gulf of America Becomes Key Growth Area

(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release

German Start-Ups Raise EUR 1.6 Billion in Q1 2025 as Early-Stage Deals Rise and U.S. Investor Activity Slow

(IN BRIEF) German start-ups raised EUR 1.6 billion in 295 funding rounds during Q1 2025, according to the KfW Venture Capital Dashboard. While this marks a 14% increase from Q4 2024, it falls short of the same period last year … Read the full press release

Instant SIM Migration Now Available with Pixel 9a as Vodafone Introduces eSIM Transfer Feature

(IN BRIEF) Vodafone Germany has introduced the new eSIM Transfer feature for customers upgrading to the Google Pixel 9a, available from 14 April 2025. Developed in collaboration with Google and based on the GSMA TS43 standard, the feature allows users … Read the full press release

Classic Arcade Meets Cutting-Edge Tech: Volkswagen Launches PAC-MAN with Real-Time Lighting Effects in Select Models

(IN BRIEF) Volkswagen has launched the PAC-MAN Championship Edition as part of its in-car gaming experience, now available in over 300,000 vehicles across Europe via the AirConsole app. The classic arcade game has been updated with brand-themed elements such as … Read the full press release

Repsol Begins Power Generation at Antofagasta Phase 1 Wind Farm, Chile’s New Renewable Giant

(IN BRIEF) Repsol has begun power production at Antofagasta Phase 1, its largest wind farm and one of Chile’s most significant renewable energy projects. Located in Taltal, the 364 MW facility required nearly €400 million in investment and will soon … Read the full press release

New EBRD Facility Supports Ukraine’s Energy Security and War Recovery Through Loans and Grants to Businesses and Households

(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release

EBRD Launches Global Tender for New Investor to Drive Growth at Moldova’s Giurgiulesti International Free Port

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched an international tender to identify a new investor for Giurgiulesti International Free Port, Moldova’s key maritime asset. In coordination with the Moldovan government, the EBRD aims to attract … Read the full press release

ANDRITZ to Boost Pulp Production at SCA Östrand with Strategic Service Upgrades and SYNERGY Concept

(IN BRIEF) ANDRITZ has been awarded significant service contracts by SCA to enhance the performance of the Östrand pulp mill in northern Sweden. The collaboration includes replacing an economizer in the recovery boiler and deploying the SYNERGY Services concept across … Read the full press release

Glasgow Team Uncovers How to Trick the Brain in VR Without Causing Discomfort in Passive Settings

(IN BRIEF) Researchers at the University of Glasgow have demonstrated that users in passive virtual reality environments can experience radically altered perceptions of motion—including exaggerated or reversed movement—without experiencing discomfort or motion sickness. The study, to be presented at CHI … Read the full press release

Groningen Researcher Harnesses Bacterial Enzymes to Break Down Plastics and Clean Up Environments

(IN BRIEF) Edita Jurak, a biochemical technologist at the University of Groningen, is leading research on how bacteria-derived enzymes can be used to break down plastics sustainably and effectively. Her work, part of a wider initiative in the Faculty of … Read the full press release

UK-South Korea Partnership Led by Liverpool Spin-Out to Transform Global Corneal Treatment with AI and Biomechanical Modelling

(IN BRIEF) A University of Liverpool spin-out company, Ocuwell Ltd, is leading an ambitious UK-South Korea collaboration to advance personalised treatment for common corneal conditions like myopia and astigmatism, which affect over 30% of the global population. Supported by £1.4 … Read the full press release

Standard Chartered Launches Sports-Focused Alternative Fund for Wealth Clients Seeking Private Market Growth

(IN BRIEF) Standard Chartered has launched a new alternative investment fund dedicated to the sports sector, aimed at ultra-high-net-worth and high-net-worth clients through its Global Private Bank. With global sports leagues increasingly seeking alternative capital, and media rights revenues growing … Read the full press release

MAN Lion’s City 12 E LE Wins Innovation Award for Excellence in All-Electric Transit Solutions

(IN BRIEF) The MAN Lion’s City 12 E LE has received the busplaner Innovation Award 2025 in the “12-meter Electric Buses” category, following its earlier recognition as “Sustainable Bus of the Year 2025.” Celebrated for its flexibility, strong performance, and … Read the full press release

NORDEN Advances Asset Strategy with Sale of Two More Vessels and Ongoing Share Buy-Back

(IN BRIEF) NORDEN has sold two more vessels—an Ultramax and a Handysize—through exercised purchase options, marking a continued effort to realise asset value. This brings its total vessel sales in 2025 to ten, including seven from its active fleet and … Read the full press release

TU/e Appoints Nicole Mølby-Bueters as HRM Director to Lead Department into Next Phase of Development

(IN BRIEF) Nicole Mølby-Bueters has been appointed Director of the HRM department at TU/e, starting May 6, 2025. With a degree in Business Communication from Radboud University and a career beginning in 1992, she brings decades of global HR leadership, … Read the full press release

LAB Entreprenør to Lead Major Rehabilitation of Bergen Student Housing Under NOK 146 Million Contract

(IN BRIEF) LAB Entreprenør, part of AF Gruppen, has signed a NOK 146 million contract with the Student Welfare Organization of Vestland (Sammen) to renovate a student housing building in Hatleberg, Bergen. The project involves refurbishing the eight-story AB block, … Read the full press release

Accenture Backs GoUpscale to Modernize Wealth Management Engagement Through AI-Powered Content

(IN BRIEF) Accenture has invested in GoUpscale, a company that helps wealth management firms in Asia modernize client engagement through AI-powered digital content. As the sector aims to double its assets under management by 2026, relationship managers will be key … Read the full press release

Ahlstrom Scales Up Global Filtration Capabilities with Unified Quality and Regional Responsiveness

(IN BRIEF) Ahlstrom, a leader in fiber-based specialty materials, is advancing its global capabilities in filtration with 15 strategically located manufacturing sites across North America, Europe, and Asia. By ensuring uniform quality in filtration materials across all regions, the company … Read the full press release

Thales Expands NATO Partnership with Ballistic Missile Defence Capabilities for Enhanced Joint Operational Awareness

(IN BRIEF) NATO has selected Thales to lead the third phase of its NCOP (NATO Common Operational Picture) programme, called NCOP-BMD, which will introduce advanced ballistic missile defence capabilities. Building on a collaboration that began in 2012, this phase extends … Read the full press release