(IN BRIEF) The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has prolonged the contract with ARGE F125 for technical-logistical support (TLB) of the F125 frigate class, encompassing four ships and a testing/training center in Wilhelmshaven, until … Read the full press release
(IN BRIEF) Barclays Bank UK PLC has announced its agreement to acquire Tesco’s retail banking business, marking a significant strategic move to expand its offerings and distribution channels in the UK. This acquisition, along with an exclusive long-term partnership to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, Ken Murphy, Partnership Deal, Tesco Retail Banking Business
(IN BRIEF) Barclays reinforces its dedication to addressing climate change by releasing a revised Climate Change Statement and unveiling a Transition Finance Framework. The updated statement outlines stringent measures, including restrictions on financing for certain energy projects and requirements for … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Barclays, climate change, climate commitment, Daniel Hanna, Energy Transition Group, Finance Framework, Laura Barlow, Mike Cormier, partnership, sustainability, transition
(IN BRIEF) Vodafone’s innovative drone project in collaboration with partners like Wingcopter and Frankfurt University of Applied Sciences has expanded to include medicine delivery in addition to groceries to residents of remote villages around Michelstadt, Germany. Through the ‘LieferMichel’ platform, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Retail, Science, Technology, Telecom, Transportation & Logistics, United Kingdom
Tagged 'DroLEx' (Drone Cargo Bike Express Delivery), 'LieferMichel' platform, Drone Project, Frankfurt University of Applied Sciences, Germany, medicine, Michelstadt, partnership, Remote Villages, shopping, sustainability, vodafone, Wingcopter
(IN BRIEF) Vodafone’s commitment to transparency and action on climate change has garnered recognition from the global environmental non-profit CDP, securing the telecom giant a coveted place on its prestigious annual ‘A List’. Acknowledged for efforts to reduce emissions, address … Read the full press release
Posted in Awards, Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom, United Kingdom
Tagged 'A List', Awards, CDP, climate change, Joakim Reiter, leadership, Sherry Madera, sustainability, vodafone
(IN BRIEF) BASF, in line with its global strategy for 1,4-butanediol (BDO), commenced the process to divest its shares from joint venture companies in Korla, China, due to environmental concerns and evolving market dynamics. The decision follows an assessment of … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Management, News
Tagged BASF, CHINA, divestment, sustainability, Xinjiang Joint Ventures
(IN BRIEF) Since its inception in 1984, the Mercedes-Benz Marco Polo camper has been synonymous with family holidays and adventurous journeys, continuously setting standards in the camping segment. Evolving from its origins with the “Bremer Transporter” to the current V-Class … Read the full press release
(IN BRIEF) The European Investment Bank Group (EIB Group) collaborates with Deutsche Leasing Romania IFN SA (DLRO) to finalize a synthetic securitization transaction worth €335 million, aimed at mitigating credit risk and enhancing lending capacity for DLRO, which in turn … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged Climate Action, Deutsche Leasing Romania, EIB Group, EIF, Kyriacos Kakouris, Laurentiu Zaharia, Marjut Falkstedt, partnership, Romania, Small Business Financing, SMEs, sustainability
(IN BRIEF) EIB Global, the financing arm of the European Investment Bank outside the EU, set a milestone by investing €1.2 billion in the Western Balkans in 2023, aiming to catalyze over €6 billion in new investments. The funds are … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, EIB Global, Kyriacos Kakouris, partnership, SMEs, sustainability, Western Balkans
(IN BRIEF) Ericsson has introduced AI-powered intent-based operations within its managed services portfolio, Ericsson Operations Engine, aiming to facilitate premium 5G services for consumers and enterprises. This new capability translates business requirements into real-time network actions, leveraging a vast telco … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G services, AI-powered, Bradley Mead, Ericsson, Ericsson Operations Engine, Ken Tan
(IN BRIEF) Vonage, under Ericsson ownership, and Verizon, a leading US communications service provider, have announced a collaboration aimed at integrating Verizon’s network Application Programming Interfaces (APIs) into the Vonage platform. This memorandum of understanding (MoU) signifies their joint effort … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Telecom
Tagged 5G network, API, Ericsson, INNOVATION, partnership, Seckin Arikan, Srini Kalapala, sustainability, USA, Verizon, Vonage
(IN BRIEF) Swedish technology firm ClimateView and global engineering company AFRY have partnered to assist cities, municipalities, and regions in accelerating their path to carbon neutrality. Recognizing cities as pivotal players in combating climate change due to their significant carbon … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, cities, ClimateView, Einar Bodström, Global Climate Action, Henrik Tegnér, partnership, sustainability
(IN BRIEF) Saab releases its year-end report for 2023, showcasing significant growth and positive performance indicators. President and CEO Micael Johansson highlights the company’s successful navigation through a changing market reality, with notable increases in orders, sales, and investments in … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Financial, investment, Micael Johansson, Saab, Strategy Execution Update, Year-End Report
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded the repurchase of its own shares according to the schedule outlined on February 8, 2024. The company disclosed the completion of share repurchases across various trading venues, totaling 9,603 … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Fincantieri has introduced the “Masters of the Sea” project, a collaboration with the ELIS consortium, aimed at alleviating the shortage of skilled labor in the shipbuilding industry. This initiative, unveiled in Rome, entails a paid training program leading … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Italy, Management, Media, News, Transportation & Logistics
Tagged "Masters of the Sea", ELIS consortium, Enzo De Fusco, Fincantieri, Luciano Sale, Luigi Matarazzo, Maurizio Millico, partnership, Pierroberto Folgiero, Pietro Cum, recruitment, Shipbuilding Labor Shortage
(IN BRIEF) Continental’s cutting-edge tire braking test facility, the Automated Indoor Braking Analyzer (AIBA), has achieved a significant milestone, completing over a million test drives since its inception in 2012. The AIBA facility, renowned for its fully automated, climate-controlled environment, … Read the full press release
(IN BRIEF) Vattenfall, a leading energy company, has achieved the highest rating in the Carbon Disclosure Project’s (CDP) environmental disclosure ranking for 2023. Among nearly 400 companies worldwide, Vattenfall has secured a place on CDP’s prestigious ‘A-list,’ recognizing it as … Read the full press release
(IN BRIEF) Evonik has introduced a new photopolymer resin, INFINAM® FR 4100L, specifically designed for DLP 3D printers, offering both flame retardancy and mechanical durability when cured. With a UL 94 flame retardancy rating of V-0 at 3mm thickness, the … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Chemicals, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged aerospace, Automotive Industries, DLP 3D printers, Dominic Stoerkle, electronics, Evonik, Flame Retardant 3D Printing Resin, INFINAM® FR 4100L, Vitor Lavini
(IN BRIEF) Dassault Systèmes announces the upcoming 3DEXPERIENCE World 2024 event, set to take place in Dallas from February 11-14, 2024. This milestone event, celebrating its 25th anniversary, will bring together over 5,000 users, industry leaders, innovators, and students to … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged 3DEXPERIENCE Works, 3DEXPERIENCE World 2024, Aneesa Muthana, Bernard Charlès, Dallas, Dassault Systèmes, Gian Paolo Bassi, INNOVATION, Lonnie Johnson, Manish Kumar, Paddy Lowe, Pascal Daloz, SOLIDWORKS, sustainability, Texas
(IN BRIEF) CUPRA introduces an innovative in-car system, the CUPRA Charging Map, to streamline the charging experience for CUPRA Born drivers across Europe. Integrated into the vehicle’s infotainment display, the app provides real-time data on 620,000 charging points in 27 … Read the full press release
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