Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Oracle and Vodafone Team Up to Deliver Global IoT Connectivity for Industry Applications on Enterprise Communications Platform

(IN BRIEF) Oracle has expanded its partnership with Vodafone Business IoT to enhance global IoT connectivity for its Enterprise Communications Platform (ECP), supporting various industries with near real-time data intelligence and compliance across 180 countries. The integration of Vodafone’s Global … Read the full press release

Lloyds Banking Group Recognized as First UK Bank with Fertility Friendly Employer Accreditation for Inclusive Workplace Policies

(IN BRIEF) Lloyds Banking Group has become the first UK bank to earn the Fertility Friendly Employer Accreditation, demonstrating its commitment to supporting employees through fertility-related challenges. Awarded by Fertility Matters at Work, the accreditation recognizes Lloyds’ policies on fertility … Read the full press release

LCH Appoints Michel Semaan as Global Head of RepoClear to Drive Growth in Euro and Sterling Repo Markets

(IN BRIEF) LCH has appointed Michel Semaan as the new Global Head of RepoClear, where he will lead the service’s next growth phase, focusing on expanding clearing memberships and advancing RepoClear’s Sponsored Clearing models. Reporting to the CEOs of LCH … Read the full press release

Bentley Motors Appoints Christophe Georges as Board Member to Lead Global Sales and Marketing Strategy

(IN BRIEF) Bentley Motors has promoted Christophe Georges to Board Member for Sales and Marketing, effective December 1, 2024. With 26 years at Bentley, including leadership roles in North America, Christophe brings extensive experience in global sales and marketing. In … Read the full press release

BASF Sells Flocculant Mining Business to Solenis, Refocuses on Core Mining Solutions

(IN BRIEF) BASF has finalized the sale of its flocculant mining business to Solenis, transferring several key flocculant brands to focus on its core strengths in flotation and solvent extraction for the mining industry. This move, part of BASF’s “Winning … Read the full press release

Deutsche Telekom’s Christmas Campaign Inspires Unity and Connection Across Europe

(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release

Deutsche Telekom and Bankhaus Metzler Pilot Bitcoin Mining with Surplus Renewable Energy to Aid Grid Stability in Germany

(IN BRIEF) Deutsche Telekom’s MMS and Bankhaus Metzler have launched a pilot project, “Digital Monetary Photosynthesis,” using surplus renewable energy to power Bitcoin mining as a means of stabilizing Germany’s energy grid. By converting unused renewable energy from sources like … Read the full press release

Allianz X and AlTi Global Unite to Offer Private Debt Access for Ultra-High-Net-Worth Investors in New Strategic Partnership

(IN BRIEF) Allianz X has partnered with AlTi Global to launch a private markets investment platform tailored for ultra-high-net-worth clients, initially focusing on private debt. Through this joint venture with Allianz Global Investors, the program will provide UHNW investors with … Read the full press release

Eni Finalizes $1 Billion Sale of Alaskan Oil Assets to Hilcorp, Strengthens Focus on Core Portfolio and Energy Transition

(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release

SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release

EBRD and OTP Bank Moldova Launch €30 Million Financing Boost for Moldovan MSMEs, Focusing on Agriculture and Trade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced a pioneering risk-sharing facility in Moldova with OTP Bank, enabling €30 million in new financing aimed at supporting the country’s MSMEs, particularly in agriculture and trade. This EU-backed … Read the full press release

EIB and CDP Join Forces to Unlock €1 Billion for Italy’s Public Sector, Focusing on Sustainability and Regional Development

(IN BRIEF) The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have launched a new €500 million guarantee agreement aimed at bolstering public sector investment across Italy, particularly in central and southern regions. This initiative, which builds on … Read the full press release

Aurubis Wins German Sustainability Award for Pioneering Carbon-Neutral Production and Circular Metal Recycling

(IN BRIEF) Aurubis, a global leader in non-ferrous metals and copper recycling, has won the 17th German Sustainability Award in the Metal Sector for its commitment to carbon-neutral and circular metal production. This prestigious European award honors Aurubis’ extensive efforts … Read the full press release

Newcastle University Experts Appointed to Lead UK Climate Adaptation Strategy Amid Rising Environmental Challenges

(IN BRIEF) Newcastle University professors Hayley Fowler and Chris Evans, along with Dr. Marina Romanello, have been appointed to the UK’s Climate Change Committee’s Adaptation Committee. They will provide expertise on climate resilience as the UK faces rising climate risks, … Read the full press release

University of East Anglia Launches New Health Unit to Tackle Gastrointestinal Infections with NIHR Funding

(IN BRIEF) The University of East Anglia (UEA) has received £1.8 million in funding to establish a new research unit focused on gastrointestinal infections, alongside £1 million for the Quadram Institute Bioscience (QIB). Located in Norwich and part of the … Read the full press release

Maersk Launches First Bonded Warehouse in Vietnam, Boosting Logistics Hub in Hai Phong

(IN BRIEF) Maersk has inaugurated its first bonded warehouse in Northern Vietnam at SLP Park in Hai Phong, a key logistics hub in the region. The facility, equipped with advanced inventory and energy-saving technology, enhances Maersk’s storage and logistics capabilities, … Read the full press release

Maersk Unveils Largest Philippine Distribution Center to Bolster Southern Luzon Trade and Connectivity

(IN BRIEF) Maersk has opened its largest distribution center in the Philippines, the 10-hectare Maersk Optimus Distribution Center in Calamba, Laguna, to strengthen logistics for Southern Luzon. Attended by President Ferdinand R. Marcos Jr. and Trade Secretary Cristina A. Roque, … Read the full press release

FDA Clears QIAGEN’s Rapid QIAstat-Dx Panel for Meningitis and Encephalitis Diagnosis, Expanding Syndromic Test Portfolio

(IN BRIEF) QIAGEN’s QIAstat-Dx Meningitis/Encephalitis Panel has received FDA clearance, enabling faster and more accurate diagnosis of critical CNS infections like meningitis and encephalitis. This panel, the fourth QIAstat-Dx test approved in the U.S. in 2024, uses real-time PCR to … Read the full press release

Report Highlights Rising Cybersecurity Challenges and Calls for AI-Driven Solutions in Threat Detection

(IN BRIEF) The 2024 State of Network Threat Detection report by Cybersecurity Insiders and Enea reveals that alert fatigue, encrypted attack masking, and limited cloud visibility are worsening challenges in cybersecurity. Poor alert accuracy is the top issue, with 61% … Read the full press release

ARC 2024 Expands Scope to Address E-Waste and Advanced Recycling Technologies, Gathering Industry Leaders for Sustainable Innovation

(IN BRIEF) The Advanced Recycling Conference (ARC) 2024, taking place November 20-21 in Cologne and online, will gather industry leaders, policymakers, and investors to discuss innovative recycling solutions and sustainable materials management. This year’s event will expand its focus to … Read the full press release