(IN BRIEF) The Australian Defence Force (ADF) has renewed its agreement with Bohemia Interactive Australia (BIA) for the twelfth year, continuing its use of VBS3 game-based simulation software for training purposes. This software allows ADF personnel to engage in virtual … Read the full press release
(IN BRIEF) Siemens Mobility is investing $60 million to build North America’s first high-speed rail manufacturing facility in Horseheads, New York. The nearly 300,000 sq. ft. plant will create 300 jobs and produce the American Pioneer 220 trainsets for the … Read the full press release
(IN BRIEF) Siemens has partnered with DMG MORI and Renishaw to enhance its Siemens Xcelerator platform, offering new scalable solutions for machine tools. Renishaw’s tool condition monitoring system, combined with Siemens software, automates tool wear detection and improves manufacturing traceability. … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital transformation, DMG MORI, partnership, RENISHAW, Scalable Machine Tool Solutions, Siemens, sustainability, UK
(IN BRIEF) Shell plc has announced the euro and pounds sterling equivalent dividend payments for its second quarter 2024 interim dividend of $0.344 per ordinary share. Shareholders who opted for euros or pounds sterling will receive €0.3102 or 26.15p per … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Euro, Financial, GBP Dividend Payments, investment, Shell
(IN BRIEF) Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, 2024. Patrik Andreas Mayer will become SEAT’s new Chief Financial and IT Officer, while David Powels, currently in that role, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, David Powels, finance, IT Departments, leadership, Patrik Andreas Mayer, SEAT, Thomas Schäfer, Volkswagen, Wayne Griffiths
(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the Leica Absolute Tracker ATS800, a new innovation designed to streamline quality inspections in large-scale manufacturing. By combining laser tracking and non-contact measurement, the ATS800 reduces inspection times from hours to minutes … Read the full press release
(IN BRIEF) Global demand for electric vehicles has slowed, with concerns about charging infrastructure, range, and battery costs remaining key obstacles for potential buyers, according to the EY Global Mobility Consumer Index. EV buying intent rose marginally, but the US … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged charging infrastructure, electric vehicles, EY
(IN BRIEF) GSK’s depemokimab, a new ultra-long-acting biologic, showed a 54% reduction in severe asthma exacerbations in the SWIFT-1 and SWIFT-2 phase III trials. Administered every six months, it also demonstrated a 72% reduction in hospitalizations and emergency visits, offering … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged David Jackson, Depemokimab, GSK, Phase III Trials, safety, Severe Asthma Attacks, SWIFT-1, SWIFT-2
(IN BRIEF) ContourGlobal has selected AFRY to provide engineering services for the rehabilitation and efficiency improvement of 35 solar photovoltaic (PV) plants across nine regions in Italy, representing 60 MW of installed capacity. The project will enhance the performance of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden, Technology
Tagged AFRY, Alessio Giuffra, ContourGlobal, Italy, Paola Agrati, partnership, solar plants, sustainability
(IN BRIEF) The Luxembourg Future Fund 2 (LFF 2) has invested an additional €5 million in the VIVES Inter-University Fund (IUF), raising the fund’s total to €75 million. VIVES IUF is an early-stage science-based fund that supports startups and spin-offs, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Education, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged EIF, European Innovation, Eva Kremer, investment, Luxembourg Future Fund 2 (LFF 2), Marjut Falkstedt, partnership, Société Nationale de Crédit et d’Investissement (SNCI), Startup Ecosystem, sustainability, VIVES Inter-University Fund (IUF)
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in partnership with AccessBank to boost financing for small and medium-sized enterprises (SMEs) in Azerbaijan. Through this €15 million agreement, the EBRD will share … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged AccessBank, Azerbaijan, David Tsiklauri, EBRD, Elisabetta Falcetti, partnership, risk sharing facility, SME
(IN BRIEF) Schneider Electric has partnered with GR3N to develop advanced plastic recycling technology using GR3N’s innovative MADE process, which breaks down hard-to-recycle PET into reusable materials with virgin-like quality. Schneider’s EcoStruxure Automation Expert platform enables modular, scalable, and efficient … Read the full press release
Posted in Artificial Intelligence (AI), Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged GR3N, Innovative Automation, MADE (Microwave Assisted DEpolymerization), partnership, plastic recycling, Schneider Electric, sustainability
(IN BRIEF) VINCI Highways has signed an agreement to acquire a 51% stake in HKR Roadways Limited, the operator of the SH1 highway concession in Telangana, India. The highway connects Hyderabad to the northeastern region of the state. The €40 … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, highway, INDIA, partnership, SH1 highway, sustainability, VINCI, VINCI Highways
(IN BRIEF) AstraZeneca has completed clinical studies to transition Breztri, its inhaled treatment for COPD, to a next-generation propellant with 99.9% lower Global Warming Potential. This change aligns with AstraZeneca’s commitment to reducing its environmental impact through its Ambition Zero … Read the full press release
Posted in Business, Environment, Financial, Healthcare, Industrial, Investment, Management, Marketing, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged AstraZeneca, Breztri, COPD, eco-friendly, Honeywell, Low-Impact Inhalers, partnership, Professor Omar Usmani, sustainability
(IN BRIEF) The Lindner Group has introduced Acustica, a sustainable acoustic panel made from 100% polyester, offering an eco-friendly alternative to traditional mineral wool. Acustica enhances room acoustics, provides flame retardancy, and is fully recyclable, making it a sustainable choice … Read the full press release
(IN BRIEF) Airbus SE has launched a share buyback program to acquire up to 4,254,000 shares by 31 March 2025, with the first phase targeting 2,127,000 shares by 31 October 2024. This buyback aims to support future employee share ownership … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, France, Industrial, Investment, Management, Netherlands, News
Tagged Airbus, compensation plans, Employee Ownership, Financial, investment, Share Buyback Program
(IN BRIEF) The “Smart Vineyard” project in Germany’s Moselle Valley, supported by Deutsche Telekom’s 5G campus network, is modernizing traditional winemaking through automation and real-time data analysis. Using 5G-connected robots and AI, the project helps winemakers perform labor-intensive tasks such … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G technology, Deutsche Telekom, Germany, Mathias Poeten, Moselle Region, partnership, Smart Vineyard, sustainability, Viticulture
(IN BRIEF) To celebrate the 125th anniversary of the first Hague Peace Conference, The Hague will host the Just Peace Open Day on 22 September 2024. Eurojust will participate at the House of Europe, offering the public a chance to … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Law, Management, Media, Netherlands, News
Tagged Alexander Van Dam, Boštjan Škrlec, Eurojust, Interactive Sessions, Just Peace Open Day 2024, Presentations
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended its first sustainability-linked loan in Mongolia, providing US$ 51.7 million to MCS Coca-Cola, the country’s leading soft drink producer and distributor. This loan, supported by the FINTECC program … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged EBRD, MCS Coca-Cola, Mongolia, partnership, sustainability
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