(IN BRIEF) Siemens has received validation from the Science Based Targets initiative (SBTi) for its 2030 and 2050 net-zero emissions targets, confirming their alignment with the SBTi Net-Zero Standard. Siemens aims to reduce Scope 1 and 2 emissions by 90% … Read the full press release
Posted in Business, Environment, Germany, Industrial, Management, Technology
Tagged Eva Riesenhuber, net-zero, Science Based Targets initiative, Siemens, sustainability
(IN BRIEF) HSBC has successfully piloted quantum-secure technology to protect tokenised physical gold from future cyber threats posed by quantum computing. The bank partnered with Quantinuum to use post-quantum cryptography (PQC) and Quantum Origin technology, safeguarding HSBC’s gold tokens against … Read the full press release
(IN BRIEF) Deutsche Bank has appointed Raffael Gasser as the new Head of Wealth Management & Private Banking in Germany, starting November 1, 2024. Gasser, who brings extensive experience from UBS and Credit Suisse, will oversee services for affluent and … Read the full press release
(IN BRIEF) Basilea Pharmaceutica has entered into a multi-year agreement with the Biomedical Advanced Research and Development Authority (BARDA) to support the development of novel antifungal and antibacterial treatments. The agreement provides an initial USD 29 million, with the potential … Read the full press release
Posted in Business, Financial, Government, Healthcare, Industrial, Investment, News, Pharma & Biotech, Science, Security & Safety, Switzerland, Technology
Tagged Antibacterial Treatments, antifungal, BAL2062, Basilea, Biomedical Advanced Research and Development Authority (BARDA), David Veitch, fosmanogepix, partnership, sustainability, USA
(IN BRIEF) Professor Wiebe de Vos of the University of Twente has highlighted the urgent need to invest in innovative water technologies to address the Netherlands’ growing water crisis. Despite having some of the world’s best drinking water, the country’s … Read the full press release
(IN BRIEF) In response to the severe flooding in Austria, UniCredit Bank Austria has introduced an emergency aid package to support affected individuals and businesses. The package offers fast, unbureaucratic financing with up to €50,000 in overdraft facilities at a … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Emergency Flood Aid Package, financial relief, Ivan Vlaho, UniCredit Bank Austria
(IN BRIEF) At the IAA Transportation 2024, MAN Truck & Bus unveiled the 2025 model of the MAN Lion, featuring improved fuel efficiency, lower CO2 emissions, and enhanced driver comfort. The new PowerLion drivetrain, including the D30 engine and TipMatic … Read the full press release
(IN BRIEF) Researchers from the University of Glasgow, working with the ATLAS experiment at CERN’s Large Hadron Collider (LHC), have made a groundbreaking discovery by observing quantum entanglement between top quarks at the highest energies ever studied. This is the … Read the full press release
Posted in Aviation & Aerospace, Business, Education, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged ATLAS experiment, CERN, Dr. James Howarth, Dr. Yoav Afik, Ethan Simpson, Large Hadron Collider (LHC), Quantum entanglement, University of Chicago, University of Glasgow
(IN BRIEF) METLEN Energy & Metals, in partnership with Knowl, continues its support for the FemStem Initiative, aimed at reducing gender inequality in STEM fields. The six-month program provides women with 30 hours of training in essential skills, career counseling, … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Finland, Greece, Industrial, Investment, Management, News, Science, Society, Technology
Tagged empower women, FemStem, Knowl, Metlen, partnership, STEM, Training Cycle
(IN BRIEF) Outokumpu is set to release a white paper addressing the future of the steel industry, highlighting the critical need for decarbonization and transformation amid growing geopolitical tensions. The report outlines five key shifts required to drive the green … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, Metals and Minerals, News
Tagged decarbonizing, Jen Carson, Johann Steiner, Outokumpu, Steel Industry, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing €100 million to SG Equipment Leasing Polska (SGEF Poland) to support Polish SMEs, with SGEF Poland expected to generate €200 million in total financing. At least 20% of the funds will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged Climate Action, EIB, Olivier Rambert, partnership, Poland, SG Equipment Leasing Polska (SGEF Poland), SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Mark Davis as the new Managing Director for the Southern and Eastern Mediterranean (SEMED) region, starting October 1, 2024. Davis, who has 28 years of experience in international … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has approved €5.3 billion in new funding to enhance climate resilience, urban development, and business innovation across Europe and beyond. The investments include €3.5 billion for smart city projects and sustainable infrastructure, €1.4 … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Bratislava, Business Growth, climate resilience, EIB, INDIA, Nadia Calviño, partnership, sustainability, Urban Innovation
(IN BRIEF) SSAB and Meka Pro Oy have signed an agreement for the supply of fossil-free steel to be used in manufacturing cable management systems, such as cable ladders and trays. Starting in 2026, Meka Pro Oy will receive low-emission … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Cable Management Systems, Finland, fossil-free steel, Meka Pro Oy, partnership, SSAB, sustainability
(IN BRIEF) SSAB has entered into an agreement with Trelleborg Sealing Solutions Kalmar AB to supply fossil-free steel for the production of brake pad shims, crucial in reducing noise, especially in electric vehicles. This partnership responds to the increasing demand … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged anti-squeal plates, electric vehicles, fossil-free steel, Noise-Reducing Brake Pads, partnership, SSAB, Stefan Lundström, sustainability, Trelleborg
(IN BRIEF) Professor Bruce Drinkwater from the University of Bristol has been awarded a prestigious Fellowship from the Royal Academy of Engineering for his pioneering work in ultrasonics, including the invention of the first ultrasonic tractor beam. His research has … Read the full press release
(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) are developing AI-based solutions to improve the detection and treatment of pancreatic cancer, a highly deadly form of cancer. EngD candidate Victoria Bruno and PhD candidate Terese Hellström are collaborating with … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged AI, Detection, pancreatic cancer, Terese Hellström, TU/e, Victoria Bruno
(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, Netherlands, Technology
Tagged AI, Arnaud Deboeuf, Factory Booster Day, INNOVATION, Italy, Stellantis, sustainability
(IN BRIEF) Strøm Gundersen Vestfold, part of AF Gruppen, has secured a contract with Boligbyggelaget USBL AS to construct the Møllers Gate apartment building in Sandefjord. The project, valued at NOK 122 million (excluding VAT), involves the design, demolition, and … Read the full press release
(IN BRIEF) Stora Enso has opened its new head office, Katajanokan Laituri, in Helsinki, the largest mass timber building in Finland. The four-storey structure, also housing the Solo Sokos Hotel Pier 4, showcases sustainable, low-carbon construction. Built with prefabricated wood … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Architecture, Hans Sohlström, Helsinki, Stora Enso, sustainability
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