(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release
(IN BRIEF) ING has announced the successful progress of its €1.5 billion share buyback program initiated on May 11, 2023. During the week of September 25 to September 29, 2023, the bank repurchased 4,165,025 shares at an average price of … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has introduced a new thematic series called SAFE STEPS Kids Climate Change in collaboration with the International Federation of Red Cross and Red Crescent Societies (IFRC) and Cartoon Network. … Read the full press release
Posted in Business, Education, Entertainment, Environment, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Alexander Matheou, Cartoon Network, Climate Change Program, educate, IFRC, Malaysia, Marc Fancy, Nik Nazmi bin Nik Ahmad (Nik Nazmi), partnership, Prudence Foundation, SAFE STEPS Kids, sustainability, Vikram Sharma
(IN BRIEF) Lloyds Bank has introduced a new digital identity app, “Lloyds Bank Smart ID,” developed in partnership with Yoti, a digital identity verification company. This app offers users a more private, secure, and convenient means of proving their age … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Digital ID App, Elinor Hull, James Fulker, Lloyds Bank, Lloyds Bank Smart ID, partnership, Robin Tombs, Yoti
(IN BRIEF) Leading global insurer AXA has unveiled its ‘We Care’ program, designed to bolster the well-being of its 110,000 employees in 51 countries. The initiative, a cornerstone of AXA’s strategic plan for 2024-2026, consists of four core pillars, including … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Armenia, Central Bank of Armenia, European Investment Bank, Martin Galstyan, Mher Grigoryan, Mid-Caps, partnership, SMEs, sustainability, Teresa Czerwinska, Vasillis Maragos
(IN BRIEF) Finnish plant-based product producer, Oddlygood, has acquired the Nordic brand Planti® in a strategic move to strengthen its position in the plant-based dairy alternative market. The acquisition makes Oddlygood the market leader in plant-based dairy alternative spoonable snacks … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Sweden
Tagged acquisition, Finland, Kenneth Hamnes, Kimmo Luoma, leadership, Niko Vuorenmaa, Oddlygood, partnership, plant-based, Planti, sustainability, Sweden, Valio
(IN BRIEF) BBVA, with a robust capital position boasting a fully-loaded CET1 ratio of 12.99 percent as of June 2023, has announced its intention to initiate a new share buyback program worth €1 billion. This program is considered an extraordinary … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Spain
Tagged BBVA, Financial, investment, Share Buyback Program, shareholder
(IN BRIEF) SUEZ has successfully priced a 20-year inaugural sterling Green Bond following its previous bond issuances in euro. The issuance received substantial investor interest, with a total order book reaching £1.1 billion, nearly double the amount offered. The Green … Read the full press release
Posted in Business, Environment, France, Industrial, Management, News
Tagged green bond, Investor Demand, Sabrina Soussan, SUEZ, sustainability
(IN BRIEF) SUEZ recycling and recovery UK has acquired DCW (Devon Contract Waste), an independent recycling and waste management company based in the south west of England. This acquisition is part of SUEZ’s strategy to expand its presence in the … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, DCW, partnership, recycling, Sabrina Soussan, Simon Almond, SUEZ, sustainability, UK, Waste Management Offerings
(IN BRIEF) Hydro is dedicating €3 million to construct a new water treatment plant at its Schwandorf legacy site in Germany. The legacy site, acquired by Hydro in 2002, holds bauxite residue from operations by VAW from the 1930s to … Read the full press release
(IN BRIEF) Markus Dehn has been named Chief Technology Officer (CTO) of EVBox, effective October 1st. With a decade of experience in the electric mobility industry, including roles at P3 Automotive and Innogy SE, Dehn has spent the last two … Read the full press release
Posted in Automotive, Business, Industrial, Management, Netherlands, News, Technology
Tagged appointment, Charging Technology, CTO, electric vehicle, EVBox, leadership, Markus Dehn, Maurice van Riek, Remco Samuels
(IN BRIEF) Indra, a technology solutions provider, has successfully integrated the management of Transurban’s road assets in Queensland, Australia, into a single control center using its In-Mova Traffic platform. This includes two highways and four major tunnels in Brisbane, covering … Read the full press release
(IN BRIEF) The University of Oxford’s R21/Matrix-M™ malaria vaccine, developed in collaboration with the Serum Institute of India and leveraging Novavax’s adjuvant technology, has received a recommendation for use by the World Health Organization (WHO). After rigorous scientific review by … Read the full press release
Posted in Business, Education, Environment, Government, Healthcare, Industrial, Management, News, Non Profit, Pharma & Biotech, Science, United Kingdom
Tagged Adar Poonawalla, CHILDREN, Dr Lisa Stockdale, Dr Mehreen Datoo, John C. Jacobs, malaria vaccine, Novavax, partnership, Professor Sir Adrian Hill, R21/Matrix-M™, Serum Institute of India, sustainability, University of Oxford, World Health Organization
(IN BRIEF) Automotive suppliers MAHLE and HELLA have agreed to sell their respective 50 percent stake in the joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The total purchase price for the transaction is based on an enterprise value of … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged acquisition, Arnd Franz, AUO Corporation, Behr-Hella Thermocontrol, Hella, MAHLE, Michel Favre, partnership, Paul Peng, sustainability
(IN BRIEF) Hapag-Lloyd has officially introduced the “Berlin Express,” the inaugural vessel of its Hamburg Express class, into its fleet. This class represents a significant milestone in the company’s efforts to reduce emissions and achieve climate-neutral shipping by 2045. A … Read the full press release
(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release
Posted in Awards, Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Awards, construction, contractors, Erman Ilıcak, Europe, investment, İpek Ilıcak Kayaalp, Rönesans Group
(IN BRIEF) EUROGATE Container Terminal Hamburg (CTH) has reported the successful completion of its third ship integration test for shore power supply to container ships. The initial test, conducted in August on the Maersk Condor, marked the first European connection … Read the full press release
(IN BRIEF) A team of experts from the University of Exeter, including Professors John Heathershaw and David Lewis, and Dr. Catherine Owen, has been nominated for the Economic and Social Research Council’s Celebrating Impact Prize. Their research focused on the … Read the full press release
Posted in Awards, Business, Economy, Education, Financial, Government, Investment, Law, Management, News, United Kingdom
Tagged Award, awareness, Dame Margaret Hodge MP, David Lewis, Dr Tena Prelec, Dr. Catherine Owen, Impact Prize, James Nixey, Kleptocracy, laundering, Professor Ricardo Soares de Oliveira, Professors John Heathershaw, Tom Mayne, University of Exeter Team
(IN BRIEF) The University of Exeter Business School is set to host its Global Festival, celebrating cultural diversity and inclusivity within the school’s community. Following the success of last year’s festival, this year’s program includes a range of family-friendly activities … Read the full press release
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