(IN BRIEF) Alma News Media has announced plans to accelerate its digital growth strategy, which could lead to the discontinuation of three print publications: Kauppalehti Optio, Fakta, and Mediuutiset. As part of this shift, the company has initiated change negotiations … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News, Technology
Tagged Alma News Media, digital, Fakta, Iltalehti, Juha-Petri Loimovuori, Kauppalehti Optio, Mediuutiset, Print Titles, restructuring
(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … Read the full press release
(IN BRIEF) Schmalz has introduced the VCBL-R and VCBL-N vacuum blocks, a versatile 2-in-1 solution for CNC wood processing. These vacuum blocks allow for quick setup on both nesting and grid tables, making them adaptable for a variety of woodworking … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CNC Wood Processing, Schmalz, Vacuum Blocks, VCBL-N, VCBL-R
(IN BRIEF) The newly upgraded QC Scanner MS 2920 is a cutting-edge solution for the salmon processing industry, offering enhanced precision, automation, and efficiency. The scanner provides real-time quality inspection of salmon fillets, identifying defects such as dark spots and … Read the full press release
(IN BRIEF) Webuild has received its largest Tunnel Boring Machine (TBM) in Europe to work on the Salerno-Reggio Calabria High-Speed Rail Line. The 13-meter wide machine, equipped with 18 motors and 10 Megawatts of power, will excavate tunnels for Lot … Read the full press release
(IN BRIEF) Vossloh presented its latest sustainable rail infrastructure solutions at InnoTrans 2024, showcasing products like CO2-reduced rail fastening systems, fully recyclable composite sleepers, and digital innovations on its connect platform. The company highlighted its commitment to supporting rail operators … Read the full press release
(IN BRIEF) Sto Group once again participated in World Cleanup Day, an international initiative aimed at reducing global waste, on September 27, 2024. Employees from Sto’s global offices took part in local cleanup activities, collecting litter and various discarded items … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News
Tagged Dr. Eike Messow, Environmental commitment, Global Participation, Sto Group, sustainability, World Cleanup Day
(IN BRIEF) Schaeffler AG has announced that its merger with Vitesco Technologies Group AG will officially take effect on October 1, 2024. The merger will involve the absorption of Vitesco Technologies by Schaeffler, with shareholders of Vitesco receiving Schaeffler shares … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Investment, Management, News, Technology
Tagged merge, partnership, Schaeffler, Vitesco Technologies
(IN BRIEF) Schaeffler AG has made strategic appointments to its Executive Board as part of its preparation for a merger with Vitesco Technologies. Thomas Stierle, previously with Vitesco, will lead Schaeffler’s new E-Mobility division starting in October 2024. Dr. Jochen … Read the full press release
(IN BRIEF) Michelin has launched the MICHELIN Alpin 7, a new winter tire designed for enhanced safety and performance in snowy and cold conditions. The tire offers 6% better braking on snow and a 9% reduction in rolling resistance, improving … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged efficiency, leadership, Michelin, MICHELIN Alpin 7, safety, sustainability, winter tire
(IN BRIEF) The Royal Air Force’s Typhoon aircraft has taken a major step forward with the first test flight of the new European Common Radar System Mark 2 (ECRS Mk2). Developed by Leonardo UK and tested by BAE Systems, this … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Andy Holden, BAE Systems, combat, European Common Radar System Mark 2 (ECRS Mk2), partnership, radar, Royal Air Force's Typhoon aircraft, Tim Bungey
(IN BRIEF) The Enel Group participated in the 79th United Nations General Assembly and New York Climate Week, engaging in discussions on climate action, sustainable development, and a just energy transition. Key executives, including Nicolò Mardegan and Gianni Vittorio Armani, … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Technology
Tagged Alberto De Paoli, awardsinability, Climate Action, Enel Group, energy transition, Gianni Vittorio Armani, leadership, New York Climate Week, Nicolò Mardegan, UN General Assembly
(IN BRIEF) Deutsche Bank has been recognized as the best bank for foreign exchange (FX) services in both Asia Pacific and Western Europe by Euromoney. The award, part of Euromoney’s prestigious Foreign Exchange Survey, highlights Deutsche Bank’s ability to innovate … Read the full press release
Posted in Awards, Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Ashok Das, Asia Pacific, Awards, best FX bank, Deutsche Bank, Euromoney, Ollie Jerome, Western Europe
(IN BRIEF) Deutsche Bank has played a key role in helping China’s Ministry of Finance issue €2 billion in international sovereign bonds, marking China’s return to the euro bond market since 2021. The dual-tranche offering, which included three- and seven-year … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged CHINA, Deutsche Bank, Euro Market, partnership, Rose Zhu, Samuel Fischer, sustainability
(IN BRIEF) BBVA has formed a strategic partnership with investment firm KKR, committing $200 million to support KKR’s Global Climate Strategy, which focuses on large-scale climate infrastructure projects like energy transition and electrification. The partnership, announced during Climate Week in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Spain
Tagged BBVA, Global Climate Projects, investment, Javier Rodríguez Soler, KKR, Low-Carbon Infrastructure, partnership, sustainability, USA
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
(IN BRIEF) Fresenius Kabi, in collaboration with Formycon, has received approval from the European Commission (EC) for FYB202, a biosimilar of ustekinumab (marketed as Stelara® by Johnson & Johnson). This biosimilar is approved for the treatment of serious inflammatory diseases. … Read the full press release
Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, Marketing, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Formycon, Fresenius Kabi, FYB202, partnership, safety, Stelara®, sustainability, Ustekinumab Biosimilar
(IN BRIEF) Wolters Kluwer has launched CCH iFirm Validate, a new cloud-based module designed to enhance audit processes by using blockchain technology for secure and efficient bank confirmations and account verifications. This tool simplifies traditionally manual tasks, allowing auditors to … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged audits, Bas Kniphorst, Blockchain-Powered Validation, CCH iFirm®, Wolters Kluwer
(IN BRIEF) Fresenius Kabi, in partnership with Formycon AG, has received European Commission approval for Otulfi®, a biosimilar of ustekinumab. This new product, authorized for both subcutaneous and intravenous formulations, will treat inflammatory conditions such as Crohn’s disease, plaque psoriasis, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Dr. Sang-Jin Pak, Formycon AG, Fresenius Kabi, inflammatory diseases, Otulfi®, partnership, safety, sustainability, Ustekinumab Biosimilar
(IN BRIEF) Dürr has launched the GigaCoater™, a cutting-edge machine designed for simultaneous two-sided coating of battery electrodes. It offers faster speeds, larger substrate capabilities, and significant cost savings, enhancing both quality and efficiency in battery production. The GigaCoater™ expands … Read the full press release
Posted in Business, Chemicals, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged battery production, Coating, Dürr, GigaCoater™
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