Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Amazon and Iberdrola Expand Renewable Energy Partnership with 476 MW in New PPAs Across Portugal and Spain

(IN BRIEF) Amazon and Iberdrola have expanded their renewable energy partnership with new power purchase agreements (PPAs) in Portugal and Spain, adding 476 MW of renewable capacity to their collaboration. The new agreements include Amazon’s first PPA in Portugal for … Read the full press release

AstraZeneca’s Imfinzi Recommended for EU Approval as Breakthrough Treatment for Limited-Stage Small Cell Lung Cancer

(IN BRIEF) AstraZeneca’s Imfinzi (durvalumab) has received a positive recommendation from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) for approval as a monotherapy to treat limited-stage small cell lung cancer (LS-SCLC) in patients whose disease … Read the full press release

HAROPA PORT Awards €183 Million Contract for Sustainable River Link to Port 2000 in Le Havre

(IN BRIEF) HAROPA PORT has awarded a €183 million contract to a consortium led by VINCI Construction and DEME to create a 1.8 km river channel linking Port 2000 in Le Havre directly to the Seine river basin. The project, … Read the full press release

M&S and YoungMinds Launch Design Competition to Raise Mental Health Awareness Through Hello Yellow Collection

(IN BRIEF) Marks & Spencer (M&S) and YoungMinds have launched a competition for young people across the UK to design a sweatshirt or hoodie for the 2025 Hello Yellow kidswear collection. This initiative, which coincides with World Mental Health Day, … Read the full press release

FrieslandCampina Advances Sustainability with Updated Emissions Reduction Targets Approved by SBTi

(IN BRIEF) FrieslandCampina has made significant strides in its sustainability goals by receiving approval from the Science Based Targets initiative (SBTi) for its updated emissions reduction targets. The company has refined its targets, breaking down emissions into FLAG and non-FLAG … Read the full press release

Safran Electrical & Power Achieves World-First EASA Certification for ENGINeUS 100 Electric Motor

(IN BRIEF) Safran Electrical & Power has achieved a world-first certification for its ENGINeUS 100 electric motor by the European Union Aviation Safety Agency (EASA), making it the first motor approved to power new air mobility solutions. Following extensive testing … Read the full press release

Bertelsmann Expands U.S. E-Commerce Footprint with Strategic Acquisitions of Carbel and United Customs Services

(IN BRIEF) Bertelsmann has expanded its presence in the U.S. by acquiring Carbel LLC and United Customs Services through its subsidiary Arvato, marking a significant step into the growing e-commerce services market for fashion, beauty, and lifestyle industries. The acquisitions, … Read the full press release

Natixis CIB Closes $612 Million Financing for MN8 Energy’s Solar Projects in the U.S.

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has closed a $612 million construction bridge financing deal to support MN8 Energy’s solar energy projects across North Carolina, Kentucky, and Illinois. The financing will aid the development of three photovoltaic … Read the full press release

New Observatory Launched to Address the Environmental Impact of Artificial Intelligence with Support from Capgemini

(IN BRIEF) Capgemini, the AI and Society Institute, the Ecole normale supérieure (ENS-PLS), and the ENS Foundation have launched a global Observatory focused on analyzing and mitigating the environmental impacts of Artificial Intelligence (AI) across its entire lifecycle. The initiative … Read the full press release

EIB Global Partners with Ameriabank to Strengthen Armenia’s Private Sector with €105 Million Loan

(IN BRIEF) EIB Global has granted a €105 million loan to Ameriabank, marking its largest direct loan to a bank in the South Caucasus. The loan aims to support the growth of Armenia’s private sector by providing affordable financing to … Read the full press release

GreenLight Biosciences Secures €35 Million EIB Loan to Develop Sustainable RNA-Based Pest Control Solutions

(IN BRIEF) GreenLight Biosciences has received a €35 million loan from the European Investment Bank (EIB) to advance its RNA-based biocontrol products, offering an alternative to chemical pesticides. This funding will support the company’s research and production efforts, with a … Read the full press release

ETH Zurich and University of St.Gallen Launch Manufacturing Alliance to Drive Innovation and Talent Development

(IN BRIEF) The University of St.Gallen and ETH Zurich have partnered to establish the “ETH-HSG Manufacturing Alliance,” aimed at boosting the competitiveness of Swiss industry and nurturing young talent. The alliance is supported by 13 leading industrial partners, including Roche, … Read the full press release

Reuters webinar: Effective Sustainability Data Governance

webinar Reuters sustainability

(IN BRIEF) Reuters is hosting a free webinar, “Breaking down barriers: Optimizing governance towards transparency,” on February 4, 2025, to help businesses prepare for the Corporate Sustainability Reporting Directive (CSRD). The session will focus on effective sustainability data governance, offering … Read the full press release

Sandoz Announces Leadership Transition as Francisco Ballester Retires, Peter Stenico to Lead Region International

(IN BRIEF) Sandoz has announced the retirement of Francisco Ballester, President of Region International, after 34 years of service, effective March 1, 2025. Francisco has been instrumental in expanding business growth and patient access in markets outside North America and … Read the full press release

Stellantis Announces Leadership Changes and Organizational Restructuring to Boost Agility and Growth

(IN BRIEF) Stellantis is restructuring its organization to improve decision-making speed and execution while enhancing its commitment to customer feedback and growth. The changes include increased autonomy for regional teams in product planning, development, and operations, while maintaining alignment with … Read the full press release

Krka Ranks in Top 10% of Pharmaceutical Industry in 2024 S&P Global Corporate Sustainability Assessment

(IN BRIEF) Krka achieved a score of 56 out of 100 in the 2024 S&P Global Corporate Sustainability Assessment, ranking the company among the top 10% of pharmaceutical firms. This marks an improvement over the previous year’s performance and highlights … Read the full press release

Sanofi Acquires 2.3% of Shares from L’Oréal as Part of Ongoing Buyback Program

(IN BRIEF) Sanofi has announced the acquisition of 2.3% of its shares from L’Oréal, a long-standing shareholder, as part of its ongoing share buyback program. The transaction, valued at €3 billion, reflects Sanofi’s commitment to creating sustainable value for shareholders. … Read the full press release

University of Bristol Study Highlights Safety Risks in DeepSeek’s CoT-Enabled AI Models

(IN BRIEF) A study from the University of Bristol has raised concerns about safety risks in DeepSeek, a new competitor to ChatGPT using Chain of Thought (CoT) reasoning. CoT enhances problem-solving with a transparent, step-by-step process, but this clarity can … Read the full press release

ZEISS Unveils Advanced Dental Technology at AEEDC Dubai, Highlighting Cutting-Edge Microscopes and Digital Solutions

(IN BRIEF) ZEISS is showcasing its innovative dental solutions at the UAE International Dental Conference & Arab Dental Exhibition (AEEDC) in Dubai. Among the highlighted products is the ZEISS EXTARO® 300 surgical microscope, designed for microscope-assisted dental procedures with advanced … Read the full press release

University of Liverpool Celebrates Turner’s Legacy with New Exhibition of Watercolours

(IN BRIEF) A new exhibition at the University of Liverpool’s Victoria Gallery & Museum explores the brilliance of J.M.W. Turner and his contemporaries, coinciding with the 250th anniversary of Turner’s birth in 2025. The exhibition, “J.M.W. Turner & His Contemporaries: … Read the full press release