(IN BRIEF) The Port of Salalah has received the first four of ten new ZPMC ship-to-shore cranes as part of its USD 300 million upgrade and expansion project, set to increase annual capacity from 5 million to 6 million TEU … Read the full press release
(IN BRIEF) Alstom, a global leader in sustainable mobility, has successfully delivered the first indigenously manufactured trainset for the Meerut Metro project, marking a significant milestone in India’s modernization of intra and intercity rail travel. The train, manufactured at Alstom’s … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Alstom, INDIA, Meerut Metro Project, Metro Train, Oliver Loison, partnership, Shri Hardeep Singh Puri, Shri. Vinay Kumar Singh, sustainability
(IN BRIEF) A study led by Dr. Andrea Soriano-Redondo and researchers from the University of Helsinki proposes leveraging online digital data, including social media posts, news articles, and image-sharing platforms, to complement traditional biodiversity monitoring efforts. Published in the journal … Read the full press release
(IN BRIEF) A recent study from the University of Helsinki sheds light on the behavior of quadruply quantized vortices in superfluids, demonstrating that these vortices can split in three distinct ways depending on temperature. Led by doctoral researcher Xin Li, … Read the full press release
(IN BRIEF) Wood celebrates a century of innovation in fired heater technology, tracing its roots back to Ernest Foster’s invention of cast iron ‘gill rings’ in 1903. Since supplying its first refinery application in 1919, Wood has been a pivotal … Read the full press release
(IN BRIEF) Stagecoach bus drivers have once again demonstrated their commitment to safe and fuel-efficient driving, with over 4,100 drivers achieving Fleet Elite status in a prestigious global performance measurement programme managed by GreenRoad. This accolade, awarded to more Stagecoach … Read the full press release
Posted in Automotive, Awards, Business, Environment, Industrial, Management, News, Security & Safety, Technology, Transportation & Logistics, Travel, United Kingdom
Tagged Award, Fuel-Efficient Driving Programme, GreenRoad, leadership, safety, Sharon Vye-Parminter, Stagecoach, Stagecoach Bus Drivers, sustainability, Zohar Elhanani
(IN BRIEF) Dr. Kenneth Rankin, an honorary senior lecturer at Newcastle University, was bestowed with the prestigious Researcher of the Year award at The Bone Idols 2024 ceremony for his outstanding contributions to surgical oncology. Recognized for his remarkable innovation … Read the full press release
Posted in Awards, Business, Education, Financial, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged Awards, Cancer, Dr. Kenneth Rankin, leadership, national award, Newcastle University, Surgical Innovation
(IN BRIEF) The University of East Anglia (UEA) embarks on “LIMITLESS II,” a £1.1 million endeavor funded by the National Institute for Health and Care Research (NIHR), aimed at enhancing mental health support for teenagers living in care. Led by … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, Society, United Kingdom
Tagged Dr. Simon P Hammond, mental health, Teens in Care, UEA, well-being
(IN BRIEF) The European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) are jointly injecting €160 million into a transformative project aimed at fortifying Crete’s agricultural resilience against climate risks. The initiative, centered around the Platys agricultural … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged agricultural, CEB, Christos Staikouras, Climate Risks EIB, investment, Kostas Hatzidakis, Kyriacos Kakouris, partnership, sustainability, Tomáš Boček
(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Science, Small Business, Technology
Tagged Christos Staikouras, Dr. Katerina Kouravelou, EIB, Greece, Kostas Skrekas, Kostis Hatzidakis, Kyriacos Kakouris, partnership, Prof. Xenia Chryssochoou, Research & Innovation, SMEs, sustainability
(IN BRIEF) Achmea has reached a final settlement agreement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis, and the Consumentenbond regarding unit-linked insurance policies sold through various brands in the Netherlands. The agreement, totaling €85 million, aims to provide clarity and … Read the full press release
(IN BRIEF) Norsk Hydro ASA announced the signing of a USD 1,000 million revolving multi-currency credit facility on February 15, 2024. The facility, with a two-year tenor and a one-year extension option, replaces the company’s previous undrawn USD 1,300 million … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway
Tagged facility, Norsk Hydro, partnership, sustainability
(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, Financial, investment, John Dacey, Swiss Re
(IN BRIEF) Hanna Maula, an experienced professional in communications and brand management, has been appointed as Vice President of Communications and Brand at Neste, effective no later than June 1, 2024. She will report directly to Hannele Jakosuo-Jansson, Executive Vice … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, Marketing, Media
Tagged appointment, Communications, Hanna Maula, Hannele Jakosuo-Jansson, Neste, UPM
(IN BRIEF) TenneT, the Dutch transmission system operator, is moving forward with plans to extend the national 380 kV grid, with a focus on three key connections: Vierverlaten-Ens, Ens-Diemen, and Geertruidenberg-Krimpen aan den IJssel or Crayestein. The Ministry of Economic … Read the full press release
(IN BRIEF) Ericsson (NASDAQ:ERIC) has announced that it will be exercising its authorization granted at the annual general meeting on March 29, 2023, to transfer the company’s own shares. This decision allows Ericsson to retain and sell up to 60% … Read the full press release
Posted in Business, Financial, Investment, Management, Sweden, Technology
Tagged Ericsson, LTV 2019, LTV 2020, Nasdaq Stockholm, shares, vested shares
(IN BRIEF) ING has announced its decision to redeem US$ 1,250 million of 6.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on April 16, 2024, aligning with the bank’s ongoing efforts to optimize its capital structure. The securities will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Capital Securities, Financial, ING, investment
(IN BRIEF) NatWest Group plc has announced the appointment of Paul Thwaite as Group Chief Executive Officer and Executive Director, effective immediately. Thwaite, who initially took on the role on a 12-month basis in July 2023, has been recognized for … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, CEO, Howard Davies, leadership, NatWest Group, Paul Thwaite, Rick Haythornthwaite
(IN BRIEF) thyssenkrupp Steel has initiated a call for tenders to supply hydrogen to its first direct reduction plant as part of the tkH2Steel decarbonization project. The project aims to transition to 100% hydrogen operation by 2029, with hydrogen use … Read the full press release
(IN BRIEF) Deutsche Telekom has achieved a groundbreaking transition by migrating its IP-based voice telephony platform to the cloud, centralizing landline connections through cloud data centers in Germany and migrating over seventeen million customer connections. Facilitated by the NIMS platform … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Telecom
Tagged Abdu Mudesir, Bejoy Pankajakshan, cloud migration, Deutsche Telekom, HPE, Juniper Networks, Lenovo, Marion Kessing, Mavenir, Microsoft, Rami Rahim, Red Hat, Stefano Capperi, telephony, Yousef Khalidi CVP
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