Daily Archives: 28, August 2025

Lloyds agrees £100 million loan with Sovereign Network Group to accelerate retrofit of thousands of social homes

(IN BRIEF) Lloyds Banking Group has signed a £100 million loan agreement with Sovereign Network Group (SNG), one of the UK’s largest housing associations, to fund the retrofit of thousands of social homes across England. The deal, backed by the … Read the full press release

Smart Train Lease and Trans Regio deploy Mireo Smart trains for RB 32 to boost electrified rail services in the Ahr Valley

(IN BRIEF) Smart Train Lease GmbH will supply three Mireo Smart trains to Trans Regio for the new RB 32 line, with the first vehicle set to arrive in October 2025—just six weeks after contract signing. Passenger service on the … Read the full press release

Upgraded UPI integration by Deutsche Bank delivers faster and more reliable digital transactions for merchants in India

(IN BRIEF) Deutsche Bank has upgraded its connection to India’s Unified Payments Interface (UPI), enabling merchants and Payment Service Providers to process payments more quickly and efficiently through new direct payment rails. The improved infrastructure gives clients access to direct … Read the full press release

DHL eCommerce acquires stake in AJEX to strengthen Saudi e-commerce logistics and support Middle East expansion

(IN BRIEF) DHL eCommerce has acquired a minority stake in AJEX Logistics Services, a fast-growing logistics provider in Saudi Arabia owned by Ajlan & Bros Holding Group, in a deal that strengthens both companies’ positions in the Middle East’s booming … Read the full press release

BASF returns to K trade fair with expanded VALERAS portfolio, launch of TINUVIN® NOR® 112, and global partnerships for circular plastics

(IN BRIEF) BASF will showcase the next stage of its VALERAS® portfolio at K 2025, presenting new additive solutions that drive sustainability across the plastics lifecycle. The portfolio’s latest addition, TINUVIN® NOR® 112, enhances greenhouse film performance in organic farming … Read the full press release

Digital X Focus Edition AI in Cologne brings together global experts and innovations to showcase the future of artificial intelligence

(IN BRIEF) Digital X will return to Cologne on September 10, 2025, in a new format as Focus Edition AI, bringing together more than 4,000 participants at the Confex Center under the theme “Ready for AI.” Hosted by Telekom Deutschland, … Read the full press release

Buderus Edelstahl to sell hot rolling and mechanical processing divisions to GMH Gruppe securing 670 jobs in Wetzlar

(IN BRIEF) Buderus Edelstahl, owned by Mutares SE & Co. KGaA, has agreed to sell its hot rolling and mechanical processing including heat treatment divisions to GMH Gruppe, with the deal expected to close in late 2025. The move secures … Read the full press release

Discovery of p21 redox switch reveals new mechanism controlling cell division and senescence in cancer research

(IN BRIEF) Scientists at the Institute of Cancer Research, London, together with colleagues from TUD Dresden University of Technology, have discovered that oxidation of a single site in the protein p21 acts as a chemical switch determining whether cells keep … Read the full press release

Wolters Kluwer Health introduces AI Article Summary on Ovid to streamline medical research and support evidence-based care

(IN BRIEF) Wolters Kluwer Health has launched the AI Article Summary feature on its Ovid platform, a new tool designed to help researchers, clinicians, and students save time by generating concise, structured summaries of peer-reviewed articles. Currently available in Beta … Read the full press release

Statkraft transfers Dutch renewable energy projects and 120 MWp solar portfolio to Greenchoice to support further growth

(IN BRIEF) Statkraft has finalized the divestment of its renewable energy development activities in the Netherlands, with Dutch renewable energy supplier Greenchoice acquiring a 120 MWp operational solar portfolio, a pipeline of solar, wind, and battery projects, and Statkraft’s skilled … Read the full press release