Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Telefónica Partners with Microsoft to Integrate AI Studio into Kernel 2.0

(IN BRIEF) Telefónica announces its collaboration with Microsoft to integrate Azure AI Studio into Telefónica Kernel 2.0, enhancing the capabilities of Kernel by incorporating generative AI into its workflows. The partnership aims to leverage the advancements in Large Language Models … Read the full press release

trinamiX Unveils Groundbreaking Consumer Spectroscopy Solution at MWC Barcelona 2024

(IN BRIEF) trinamiX GmbH debuts its latest innovation, the Consumer Spectroscopy solution, at the Mobile World Congress in Barcelona. This cutting-edge technology integrates a near-infrared (NIR) spectrometer into a smartphone reference design powered by Qualcomm’s Snapdragon® 8 Gen 3 platform, … Read the full press release

Deutsche Telekom Unveils Vision for AI Integration, Innovative Routers, and Enhanced Network Security at MWC Barcelona 2024

(IN BRIEF) At the Mobile World Congress 2024, Deutsche Telekom (DT) showcases its vision for integrating artificial intelligence (AI) into everyday communication, presenting prototypes of AI-powered smartphones designed for seamless task automation. Collaborating with Qualcomm and Brain.ai, DT explores AI … Read the full press release

Global Telco AI Alliance Formed by Industry Leaders to Revolutionize Customer Service with Tailored Language Models

(IN BRIEF) Deutsche Telekom, e& Group, Singtel, SoftBank Corp., and SK Telecom announce the establishment of the Global Telco AI Alliance (GTAA) during the Mobile World Congress 2024. Their joint venture aims to develop Large Language Models (LLMs) customized for … Read the full press release

Deutsche Telekom Unveils ‘Concept T’: Redefining Future Communication with Human-Centered Design

(IN BRIEF) Deutsche Telekom unveils its visionary “Concept T” at the Mobile World Congress 2024, offering a glimpse into the future of personal communication and connectivity. Comprising three design studies, “Concept T” explores innovative approaches to router functionality, incorporating cutting-edge … Read the full press release

Deutsche Telekom and Sony Achieve Breakthrough in 5G Live Video Production Testing

(IN BRIEF) Deutsche Telekom and Sony celebrate a milestone in live video production with the successful testing of Nevion’s VideoIPath media orchestration platform using 5G network APIs. Leveraging Sony’s cutting-edge video compression technology and Nevion’s bandwidth management capabilities, the solution … Read the full press release

Deutsche Telekom Launches Game-Changing Network API ‘Number Verify’ for Enhanced Digital Security

(IN BRIEF) Deutsche Telekom introduces the groundbreaking Number Verify API, marking a significant leap in digital security and fraud prevention for its customers. This innovative API streamlines the verification of mobile phone numbers, eliminating the need for SMS-based two-factor authentication … Read the full press release

Lloyds Bank Spearheads Trade Innovation: Joins WaveBL for Digital Bill of Lading Transfer

(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release

EBRD Invests €2.5 Million in Kyiv Medical University for New Campus Amidst Ukrainian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release

Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release

AXA Launches Tender Offer for Subordinated Notes in Debt Optimization Move

(IN BRIEF) AXA has initiated an any and all cash tender offer for two series of its subordinated notes, including the GBP 350,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes issued on July 6, 2006, and the GBP 723,925,000 … Read the full press release

Garanti BBVA Unveils Turkey’s Largest Banking Technology Center

(IN BRIEF) Garanti BBVA, a pioneer in shaping the future of the banking industry through technology, has inaugurated Garanti BBVA Technology, the largest tech center within the Turkish banking sector, also known as the “tech factory.” With a strategic focus … Read the full press release

BMT Unveils CAIMEN® Large Design to Enhance Australia’s Amphibious Capabilities

(IN BRIEF) BMT, a global leader in ship design and technical consultancy, has unveiled the CAIMEN® Large design, strategically positioned to bolster Australia’s Landing Craft-Heavy (LC-H) requirements amid the nation’s focus on enhancing amphibious capabilities in littoral environments. Graeme Nayler, … Read the full press release

Jacky Perrenot to Acquire Agediss, Expanding Logistics Dominance in France and Europe

(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release

Voydeya Recommended for EU Marketing Authorization as PNH Treatment Add-On

(IN BRIEF) Voydeya (danicopan), a first-in-class oral Factor D inhibitor, has been recommended for marketing authorization in the European Union (EU) as an add-on to ravulizumab or eculizumab for adult patients with paroxysmal nocturnal haemoglobinuria (PNH) who experience residual haemolytic … Read the full press release

GSK’s Gepotidacin Shows Promise as Gonorrhoea Treatment: Positive Results from EAGLE-1 Trial

(IN BRIEF) GSK plc has announced positive headline results from the pivotal EAGLE-1 phase III trial for gepotidacin, an oral antibiotic aimed at treating uncomplicated urogenital gonorrhoea in adolescents and adults. The trial demonstrated gepotidacin’s non-inferiority compared to the current … Read the full press release

Boosting Grenada’s Healthcare: CDB and EIB Announce Major Funding Initiative

(IN BRIEF) Grenada’s healthcare infrastructure is set to undergo a significant transformation with a US$ 9,970,500 loan from the Caribbean Development Bank (CDB), financed by the European Investment Bank (EIB). The project, launched in St. George’s, Grenada, aims to strengthen … Read the full press release

Thales Collaborates with Google to Streamline eSIM Activation for Android Devices

(IN BRIEF) Thales, a leader in digital security solutions, has partnered with Google to introduce the Thales eSIM Discovery solution, which integrates the Google Discovery Service for seamless activation of eSIMs on Android devices. This collaboration aims to enhance user … Read the full press release

Kuehne+Nagel Enhances Sea Freight Customer Platform with End-to-End Lead Times

(IN BRIEF) Kuehne+Nagel has bolstered its seaexplorer customer platform by integrating pre- and on-carriage lead times for both full container loads (FCL) and less than container loads (LCL), offering shippers comprehensive insights into the global shipping network. The platform now … Read the full press release

Ayvens and Stellantis Forge Multi-Billion Euro Agreement for Sustainable Mobility

(IN BRIEF) Ayvens, a leading global sustainable mobility player resulting from ALD Automotive’s acquisition of LeasePlan, has entered a multi-billion euro frame agreement with Stellantis, a prominent automaker, to procure up to 500,000 vehicles for its long-term leasing fleet across … Read the full press release