Search Results for: POS

Vodafone and Three UK Challenge CMA’s Concerns Over Proposed Merger

(IN BRIEF) Vodafone and Three UK have responded to the CMA’s provisional findings, disputing concerns that their merger could reduce competition and lead to price increases. The companies argue that the £11 billion merger will improve 5G infrastructure, enhance competition, … Read the full press release

GSK’s mRNA Flu Vaccine Candidate Moves to Phase III After Positive Phase II Results

(IN BRIEF) GSK has reported positive results from its phase II trial for an mRNA seasonal influenza vaccine candidate, showing strong immune responses against influenza A and B strains in both younger and older adults. The trial met success criteria … Read the full press release

Germany Honors Freddie Mercury with Commemorative Postage Stamp

(IN BRIEF) Germany’s Deutsche Post has honored Freddie Mercury, the legendary Queen frontman, with a commemorative postage stamp as part of its “Legends of Pop/Rock Music” series. The stamp, which features an iconic image of Mercury on stage with a … Read the full press release

AF Gruppen Wins Major Onshore Disposal Contract with Potential for 30,000 Metric Tonnes of Structures

(IN BRIEF) AF Gruppen has secured a Letter of Intent (LOI) from Allseas for the onshore disposal of a 12,000 metric tonne topside structure, with an option for a second topside, potentially totaling up to 30,000 metric tonnes. The project … Read the full press release

Revolutionizing Post-Heart Surgery Care with AI: Virtual Assistant Enhances Patient Monitoring

(IN BRIEF) A Spanish hospital has successfully used an AI-powered virtual voice assistant, LOLA, to monitor patients after heart surgery, leading to early detection of complications and high patient satisfaction. This innovative approach has allowed for quicker hospital discharges and … Read the full press release

Experian Forecasts £600M Sales Surge for UK Retail and Hospitality During August Bank Holiday, Weather-Dependent Boost Possible

(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release

Experian Report: Generative AI and Deepfakes Emerge as Top Fraud Threats, Exposing Gaps in Business Preparedness

(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release

Nagarro Named Leader in 2024 Life Sciences Digital Services by Everest Group, Strengthening Its Position in Digital Transformation

(IN BRIEF) Nagarro has been recognized as a Leader in the Everest Group’s 2024 Life Sciences Digital Services for Mid-market Enterprises PEAK Matrix® Assessment. This recognition highlights Nagarro’s innovation, client-centric approach, and significant investments in advanced technologies such as AI/ML … Read the full press release

EBRD Backs Nova Post’s Expansion with €70 Million Loan to Boost Ukraine’s Delivery Services Amid Wartime Challenges

(IN BRIEF) The EBRD is lending €70 million to Ukraine’s Nova Post to support its 2024 expansion plans, which include enhancing delivery services and building over 600 bomb shelters. The loan will help Nova Post maintain operations during wartime, support … Read the full press release

Enhertu Gains Conditional Approval in China for Advanced HER2-Positive Gastric Cancer Treatment

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu has received conditional approval in China for treating locally advanced or metastatic HER2-positive gastric cancer, following promising results from the DESTINY-Gastric06 trial. This marks the third approval for Enhertu in China in less … Read the full press release

Glencore Retains Coal and Carbon Steel Materials Business After Positive Shareholder Feedback

(IN BRIEF) Glencore initially proposed the demerger of its coal and carbon steel materials business following positive feedback during its acquisition approach to Teck in early 2023. However, evolving shareholder views on ESG and increased support for Glencore’s climate strategy … Read the full press release

Perspectief 2024/2025: Call for Proposals to Foster Technological Innovations

(IN BRIEF) The Perspectief financing instrument invites researchers, companies, and civil-society organizations to submit proposals for collaborative research projects focused on technological innovations. Key changes include reduced co-financing requirements and updated key technologies. Deadlines are in October 2024, November 2024, … Read the full press release

Eni’s Enilive and Poste Italiane Partner to Supply Biofuels for Ground Vehicles and Aircraft

(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release

Paris 2024 Unveils Special Edition Mascot and Poster for Games Medallists

(IN BRIEF) Paris 2024 has revealed a special edition medallist mascot that will be presented to all Olympic and Paralympic Games medallists. This tradition will continue with the distribution of the mascot and the Games’ Iconic Poster. The mascots, designed … Read the full press release

EIB and Poste Italiane Partner for €450 Million Investment to Enhance Digital and Sustainable Logistics

(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release

Portgás Proposes €128 Million Investment Plan for Gas Network Expansion and Decarbonisation

(IN BRIEF) Portgás, a subsidiary of REN – Redes Energéticas Nacionais, has announced a comprehensive investment plan totaling €128 million aimed at expanding its natural gas distribution networks and promoting decarbonisation initiatives. The plan, outlined in the Natural Gas Distribution … Read the full press release

Former Voith Engineer Christian Schiel Honored Posthumously by Paper Industry Hall of Fame for Innovations in Paper Machine Technology

(IN BRIEF) Christian Schiel, a former Voith engineer, was posthumously inducted into the Paper Industry International Hall of Fame for his pioneering contributions to paper machine technology. Recognized for innovations like the fabric press and flexible-nip presses, Schiel’s career spanned … Read the full press release

Czech Composer Tatiana Mikova Presents Her String Quartet ‘In Modo Lidico’ at Carnegie Hall

(IN BRIEF) Czech award-winning composer Tatiana Mikova will present her String Quartet “In Modo Lidico” at Carnegie Hall on 1st July 2024, following its successful world premiere in New York in 2021. Mikova seamlessly blends Moravian folk influences with classical … Read the full press release

Strategic Acquisition: Mutares SE & Co. KGaA Enhances Ganter Group’s Position in Interior Finishing Market

(IN BRIEF) Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has finalized the acquisition of FSL Ladenbau GmbH from its shareholders Christian Füßer, Marion Füßer, and Guido Krümpel, marking a strategic move to fortify the Ganter Group, a distinguished general contractor … Read the full press release

Alfa Laval Showcases Sustainable Marine Solutions at Posidonia 2024

(IN BRIEF) Alfa Laval is set to present its comprehensive range of marine equipment, solutions, and services at the upcoming Posidonia 2024 shipping exhibition in Athens, Greece. The company’s participation emphasizes its commitment to supporting sustainable shipping practices. Alfa Laval’s … Read the full press release

Safran Cabin’s CUBE Wins Crystal Cabin Award for Galley Waste Disposal Innovation

(IN BRIEF) Safran Cabin’s groundbreaking galley waste disposal system, the CUBE, earns the prestigious Crystal Cabin Award in the Cabin Systems category for its innovative design and functionality. The CUBE revolutionizes galley waste management with its space-saving features, easy integration, … Read the full press release

Almirall Launches AK Global Day Campaign to Raise Awareness of Actinic Keratosis and Sun Exposure Risks

(IN BRIEF) Almirall’s new data highlights the alarming lack of awareness regarding actinic keratosis (AK), a common precancerous dermatological condition linked to sun exposure, with more than one-third of affected individuals unaware of its causes. The survey, conducted across Spain, … Read the full press release

Ericsson Maintains Leadership Position in 5G Network Infrastructure Market for Fourth Consecutive Year

(IN BRIEF) For the fourth consecutive year, Ericsson secures the top ranking in Frost Radar™ 5G Network Infrastructure Market 2024 analysis, underscoring its commitment to innovation and technology leadership in meeting the evolving needs of communications service providers (CSPs). The … Read the full press release

DHL’s Decades-Long Parcel Revolution: From Post Offices to High-Tech Hubs

(IN BRIEF) Thirty years ago, Deutsche Post embarked on a groundbreaking endeavor, constructing 33 cutting-edge parcel centers across Germany, revolutionizing the country’s parcel logistics landscape. The centers, equipped with state-of-the-art technology, streamlined operations, drastically reducing parcel handling times and improving … Read the full press release

Outokumpu Ups EBITDA Improvement Goal to €350 Million, Strengthening Market Position

(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

Digi Communications N.V. to distribute approx. RON 120 million in dividends, setting the dividend per share for 2023 at RON 1.25, a 25% YoY increase Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year … Read the full press release

Webuild Presents Pro Bono Proposal for Safe and Sustainable Baltimore Bridge Reconstruction

(IN BRIEF) Webuild, along with its US subsidiary Lane, has unveiled a pro bono proposal for the reconstruction of Baltimore’s Francis Scott Key Bridge, which collapsed in March, severing a vital link for the city’s port. The proposal, presented to … Read the full press release

Vonovia SE: Positive Start to 2024 with Strong Operating Results and Sustainability Recognition

(IN BRIEF) Vonovia SE, based in Bochum, Germany, began the year with robust operating results, marking a positive start to 2024. The company’s core segment, Rental, saw a notable increase in its EBITDA contribution, reaching €592.9 million during the first … Read the full press release

Euronext Receives S&P Rating Upgrade to BBB+ with Positive Outlook

(IN BRIEF) Euronext, the leading pan-European market infrastructure, celebrates a significant milestone as S&P upgrades its rating from ‘BBB+, Stable Outlook’ to ‘BBB+, Positive Outlook’. This decision reflects Euronext’s successful integration of the Borsa Italiana Group, expansion of Euronext Clearing, … Read the full press release

Positive Results from DESTINY-Breast06 Trial: Enhertu Shows Promise in HER2-Low and HER2-Ultralow Breast Cancer Patients

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu, a HER2-directed antibody drug conjugate (ADC), has demonstrated significant progress in treating HER2-low and HER2-ultralow metastatic breast cancer following one or more lines of endocrine therapy. The high-level results from the DESTINY-Breast06 Phase … Read the full press release

AstraZeneca’s Truqap Receives EU Recommendation for ER-Positive Breast Cancer Treatment

(IN BRIEF) AstraZeneca’s Truqap, in combination with Faslodex, has received a positive recommendation from the European Medicines Agency (EMA) for treating estrogen receptor-positive, HER2‑negative locally advanced or metastatic breast cancer with specific genetic alterations. The recommendation follows promising results from … Read the full press release

Stora Enso’s Skutskär Site Initiates Pilot Project for Biogenic CO2 Capture, Pioneering Climate-Positive Operations

(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release

FORVIA HELLA Shareholders Approve Dividend Proposal at Annual General Meeting

(IN BRIEF) FORVIA HELLA GmbH & Co. KGaA, in its Annual General Meeting held on April 26, 2024, saw its shareholders overwhelmingly approve the proposed dividend, maintaining the company’s established dividend policy. With a dividend payout of €0.71 per share, … Read the full press release

BASF Introduces Industrial Compostable ecovio® T 2206 for Greenhouse Twines, Advancing Sustainable Agriculture

(IN BRIEF) BASF has expanded its sustainable food production offerings with the introduction of ecovio® T 2206, a certified industrial compostable biopolymer ideal for manufacturing black twines used in commercial greenhouses for growing annual fruit and vegetables. These twines, made … Read the full press release

Eurojust Symposium Advocates for Enhanced Protection of Crime Victims Across Europe

(IN BRIEF) Eurojust recently hosted a landmark symposium in collaboration with the Belgian Presidency of the Council of the European Union, focusing on bolstering the rights and support systems for victims of crime across Europe. The symposium emphasized the need … Read the full press release

TUM-Led Study Reveals Impact of Infant Formula Composition on Gut Microbiota Development

(IN BRIEF) A study led by Prof. Dirk Haller from TUM involving 210 infants found that the composition of infant formula significantly influences the development of intestinal flora. While breast milk remains the gold standard, formula enriched with galacto-oligosaccharides led … Read the full press release

Schneider Electric Reports Positive Progress in Sustainability Journey with Q1 2024 Results

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has unveiled its first-quarter results for the Schneider Sustainability Impact (SSI) program, in conjunction with financial outcomes. The SSI program, integral to the company’s 2021–2025 sustainability targets, encompasses environmental, … Read the full press release

Tragic Helicopter Accident Highlights Safety Priorities Amid Positive Trends

(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release

Allianz Group Completes Stake Disposal in Allianz Saudi Fransi to ADNIC, Streamlining Middle-East Operations

(IN BRIEF) Allianz Group has finalized the sale of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), marking a strategic move in its business operations in the Middle East. The transaction, which received regulatory … Read the full press release

EBRD Posts €2.1 Billion Profit in 2023 Following Record Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release