Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Permobil Appoints Todd Walling as President of Permobil Americas to Lead Next Phase of Growth

(IN BRIEF) Permobil has named Todd Walling as President of Permobil Americas, adding to his current responsibilities as Senior Vice President of Sales and bringing him onto the global leadership team. With nearly 20 years at Permobil, Walling has played … Read the full press release

Swisscom Welcomes 194 New Apprentices While Celebrating Over 220 Graduations

(IN BRIEF) Swisscom has welcomed 194 new apprentices and degree students into its training programmes while celebrating the successful graduation of 222 others. Covering six vocational disciplines and an IT bachelor’s degree with integrated practice, the programmes allow participants to … Read the full press release

Deutsche Bank Funds Restoration of Sri Lanka’s Budunwela Forest Corridor to Protect Wildlife and Support Communities

(IN BRIEF) Deutsche Bank is partnering with the Wildlife and Nature Protection Society’s PLANT initiative to restore the 24-acre Budunwela forest corridor in Sri Lanka, a vital route for elephants and other wildlife. Running from September 2024 to August 2025, … Read the full press release

Deutsche Bank Singapore Recognised in SG Enable’s National Guide for Disability-Inclusive Employment

(IN BRIEF) Deutsche Bank Singapore has been featured in SG Enable’s Inclusive Hiring, Stronger Businesses guide as a model for disability-inclusive employment. The national playbook highlights the bank’s Neurodiversity@Work programme, which creates roles for neurodivergent individuals by aligning their strengths … Read the full press release

Deutsche Bank China Becomes First EU Bank to Fully Implement SAFE’s “1+6” Cross-Border Foreign Currency Framework

(IN BRIEF) Deutsche Bank China has fully implemented SAFE’s “1+6” foreign currency cross-border liberalisation framework at its branches in Shanghai, Beijing, and Guangzhou, becoming the first EU bank to do so. The new system unifies and streamlines regulations, allowing eligible … Read the full press release

EDF Sets World Record with Demolition of Eight Cooling Towers at Cottam Power Station

(IN BRIEF) EDF has demolished eight cooling towers at Cottam power station in Nottinghamshire, setting a Guinness World Record for the largest number of cooling towers taken down at once. The 114-metre structures, part of the coal-fired plant that operated … Read the full press release

Scania Launches 20,000km European Roadshow to Showcase Six Electric Truck Models and Charging Solutions

(IN BRIEF) Scania has launched The Electric Journey: An Optimisation Road Show, a four-month, 20,000km tour across 13 European cities showcasing six different electric truck models for applications ranging from urban delivery to refuse collection. Starting in Denmark and concluding … Read the full press release

Sasha Wiggins to Lead UK Retail Investment Drive as Barclays Research Highlights £430 Billion in Untapped Savings

(IN BRIEF) Barclays’ Chief Executive of Private Bank and Wealth Management, Sasha Wiggins, has been named Chair of the UK’s new multi-year retail investment campaign, launched under the Leeds Reforms to boost retail investing and make the UK a top … Read the full press release

Hexagon Expands Partnership with Bass Tool to Boost Metrology Access and Support in South Texas and Southern Louisiana

(IN BRIEF) Hexagon’s Manufacturing Intelligence division has expanded its partnership with Bass Tool, making the Houston-based company a Value Added Reseller and Authorized Service Partner for its full range of metrology solutions in South Texas and Southern Louisiana. The partnership … Read the full press release

BASF Finalises $11.2 Billion Transfer of Wintershall Dea’s Global E&P Business to Harbour Energy Ahead of Schedule

(IN BRIEF) BASF has completed the sale of Wintershall Dea’s international E&P operations, excluding Russia, to Harbour Energy plc ahead of schedule after securing all regulatory approvals. The $11.2 billion deal includes cash payments, Harbour shares, and the transfer of … Read the full press release

BASF Champions Sustainability with Glasurit 100 Line at WorldSkills Lyon as Japan’s Yuto Hoshino Wins Gold

(IN BRIEF) BASF’s Glasurit 100 Line took centre stage at the 47th WorldSkills Competition in Lyon, where the company, as the exclusive global industry partner for the Car Painting skill, supported 23 finalists with premium automotive refinish products and expert … Read the full press release

Deutsche Telekom Unveils Affordable AI-Powered T Phone 3 and T Tablet 2 for Everyday Assistance Across Europe

(IN BRIEF) Deutsche Telekom has launched its AI-phone (T Phone 3) and AI-tablet (T Tablet 2), both powered by the Perplexity Assistant to help users with everyday tasks such as scheduling, translation, travel planning, shopping, and entertainment recommendations. Available from … Read the full press release

Delivery Hero Expands Rider-Friendly Last Stop Feature for Greater Control and Convenience

(IN BRIEF) Delivery Hero has launched its new “Last Stop” feature, giving riders the ability to choose the location of their final delivery to better align with their schedules. Already active for foodpanda riders in Hong Kong, Pakistan and Taiwan, … Read the full press release

Strategic Acquisition Boosts Covestro’s Coatings and Adhesives Capabilities in Asia-Pacific and North America

(IN BRIEF) Covestro is acquiring two HDI derivative production sites in Rayong, Thailand, and Freeport, USA, from Vencorex Holding SAS to expand its global aliphatics capabilities. The move strengthens the company’s Solutions & Specialties segment and supports its Sustainable Future … Read the full press release

Rheinmetall to Transition Labour Director Role from Dr Ursula Biernert-Kloß to Dr Vera Saal in September 2025

(IN BRIEF) Rheinmetall AG will see a leadership change in September 2025 as Dr Ursula Biernert-Kloß steps down from the Executive Board following strategic differences. CEO Armin Papperger will temporarily take over as Labour Director until Dr Vera Saal, a … Read the full press release

Continental Unveils aContact Tire Range for Autonomous Fleets, Debuting in Las Vegas and San Francisco

(IN BRIEF) Continental has launched its aContact tire line, designed specifically for autonomous vehicle fleets, with initial deployment in US cities including Las Vegas and San Francisco. The tires combine safety, durability, and efficiency, offering features such as robust sidewalls, … Read the full press release

Centrica and ECP Acquire Strategic Isle of Grain LNG Terminal to Boost UK Energy Security and Support Net Zero Goals

(IN BRIEF) Centrica, in partnership with Energy Capital Partners, has acquired the Isle of Grain LNG terminal from National Grid for £1.5 billion, with Centrica contributing approximately £200 million in equity. The facility, essential for UK energy security, is fully … Read the full press release

BBVA Expands ADA Global Data Platform to Mexico and Colombia to Drive AI-Powered Banking Innovation

(IN BRIEF) BBVA has expanded its global data platform, ADA, to Mexico and Colombia, marking a major step in its data-driven transformation strategy. Built on AWS, ADA centralizes analytical processes, offers real-time access to data, and enables large-scale AI use. … Read the full press release

ABP Strengthens Humber Property Team with Appointment of Ben Wood and Stephen Robinson as Lead Asset Managers

(IN BRIEF) Associated British Ports has appointed Ben Wood and Stephen Robinson as Lead Property Asset Managers for its Humber property team, enhancing its capacity to develop and manage its extensive land portfolio. Operating from ABP’s Hull and Immingham offices, … Read the full press release

Chile’s Mining Sector Gains from Metso’s Antofagasta Service Center Expansion with Advanced Repair Capabilities

(IN BRIEF) Metso has expanded its Antofagasta service center in Chile, adding 1,200 m² of operational space for a total of 4,800 m². Located in the La Negra industrial district, the facility has become a key partner for major mining … Read the full press release