Daily Archives: 27, October 2025

RWE and GE Vernova Move Forward with Plans for Next-Generation Hydrogen Power Plant in Germany

(IN BRIEF) RWE is preparing to build an 850 MW hydrogen-compatible combined cycle power plant at its former Voerde site in Germany, supporting the country’s coal phase-out and long-term energy security. The German government’s upcoming framework for hydrogen-compatible gas plant … Read the full press release

Stagecoach Partners with PD Ports and VEV to Deliver First Commercial eHGV Charging Facility in Stockton

(IN BRIEF) Stagecoach has opened its first eHGV charging hub at its Stockton-on-Tees depot, in partnership with PD Ports, the Port of Middlesbrough, and e-fleet solutions company VEV. The successful two-hour, 150 kW charging trial of a Volvo eHGV demonstrated … Read the full press release

Newcastle University-led project Sharing Stories for Wellbeing Explores How Creativity Can Improve Children’s Health and Emotional Resilience

(IN BRIEF) Newcastle University’s Dr Emily Murphy is leading a pioneering project, Sharing Stories for Wellbeing, to explore how creative activities can improve the health and emotional wellbeing of children with long-term medical conditions. With the number of children living … Read the full press release

University of Leeds Alumna Catherine Connolly Becomes First Woman Deputy Speaker to Rise to Irish Presidency

(IN BRIEF) University of Leeds graduate Catherine Connolly has been elected as the 10th President of Ireland, following the national vote on 24 October. A 1981 MSc Clinical Psychology alumna, Connolly brings decades of experience as a psychologist, barrister, and … Read the full press release

Airbus Expands H160 Presence in Japan with World’s First Firefighting Deployment for Hiroshima Fire Services

(IN BRIEF) Airbus Helicopters has delivered the first H160 to the Hiroshima City Fire Services Bureau, making it the world’s first firefighting operator of the model. Entering service in early 2026, the H160 will enhance firefighting, search and rescue, emergency … Read the full press release

ANDRITZ Secures Major EGAT Contract to Modernize Pumped Storage Units at Thailand’s Srinagarind Hydropower Plant

(IN BRIEF) ANDRITZ has received a major contract from the Electricity Generating Authority of Thailand (EGAT) to modernize the Srinagarind hydropower plant by replacing two pumped storage units with advanced 180-MW systems. The mid double-digit million-euro project, part of ANDRITZ’s … Read the full press release

European Investment Bank Launches Advisory Initiative to Scale Up Sustainable District Heating Across Ireland

(IN BRIEF) The European Investment Bank (EIB) has launched an advisory initiative to help Ireland scale up district heating, supporting national efforts to decarbonise heating and lower energy costs. Working with the Sustainable Energy Authority of Ireland (SEAI) and the … Read the full press release

Barclays to Launch Riyadh Operations in 2026, Advancing Vision 2030 Growth and Regional Investment Banking Capabilities

(IN BRIEF) Barclays PLC has received a provisional Capital Market Authority (CMA) licence, secured premises in King Abdullah Financial District, and will open a new office in Riyadh in 2026 as part of its Middle East expansion. The bank plans … Read the full press release

DWS Establishes Abu Dhabi Office to Drive Growth and Investment Solutions Across the Middle East

(IN BRIEF) DWS has opened a new regional office in the Abu Dhabi Global Market (ADGM) after receiving a Financial Services Permission from the Financial Services Regulatory Authority, allowing it to operate as a Category 4 regulated firm. With over … Read the full press release

Vossloh Secures €20 Million Contract to Supply Rail Fastening Systems for China’s New Xining–Chengdu High-Speed Line

(IN BRIEF) Vossloh AG has won a major contract worth nearly €20 million through its Chinese subsidiary, Vossloh Fastening Systems China Co. Ltd., to supply rail fastening systems for a new high-speed railway connecting Xining and Chengdu. Deliveries are scheduled … Read the full press release

Novartis to Present Late-Breaking Phase III Data on Ianalumab and New CAR-T Insights at ACR 2025, Advancing Leadership in Autoimmune Disease Research

(IN BRIEF) Novartis will present new data from 27 abstracts at the 2025 American College of Rheumatology (ACR) Convergence, featuring late-breaking Phase III results from the NEPTUNUS-1 and NEPTUNUS-2 trials of ianalumab in Sjögren’s disease, which could become the first … Read the full press release

Novartis Advances RNA Medicine Strategy Through USD 12 Billion Acquisition of Avidity Biosciences and Its Late-Stage Neuromuscular Programs

(IN BRIEF) Novartis announced a definitive agreement to acquire Avidity Biosciences for USD 12 billion in cash, in a move that strengthens its neuroscience franchise and accelerates its xRNA therapeutic strategy. The acquisition brings Avidity’s late-stage programs in myotonic dystrophy … Read the full press release

Evotec Receives US$ 25 Million Milestone Payment from Bristol Myers Squibb for Progress in Neurodegenerative Disease Partnership

(IN BRIEF) Evotec SE announced it has received a US$ 25 million payment from Bristol Myers Squibb, marking progress in their joint neuroscience partnership focused on neurodegenerative diseases. The milestone payment will further advance the companies’ preclinical pipeline and research … Read the full press release

ASSA ABLOY Strengthens North American Presence with Acquisition of U.S. Metal Door Manufacturer MPI

(IN BRIEF) ASSA ABLOY has acquired Metal Products Inc. (MPI), a U.S. manufacturer of custom hollow metal doors and frames based in Corbin, Kentucky. The acquisition supports ASSA ABLOY’s strategy to strengthen its position in mature markets through complementary products … Read the full press release

Det Norske Veritas Foundation Launches Major Research Fund to Drive Scientific and Societal Development Across the Nordic Region

(IN BRIEF) The Det Norske Veritas Foundation has launched a NOK 2 billion (USD 200 million) research fund aimed at supporting basic scientific research in the Nordic region. Expected to provide NOK 50–100 million annually, the fund will finance projects … Read the full press release