(IN BRIEF) Germany’s gross domestic product (GDP) for the third quarter of 2023 declined by 0.1% when adjusted for price, seasonal, and calendar variations compared to the previous quarter. This decrease follows a slight increase in economic performance in … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged Destatis, economy, Financial, GDP, Germany, investment
(IN BRIEF) RWE, an energy company based in Germany, has signed a new supply agreement with Equinor, a Norwegian energy company, for natural gas. The agreement spans five years, starting in October, with an annual volume ranging from 10 to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Germany, Helge Haugane, Natural Gas Supply, Norway, partnership, RWE, sustainability, transition
(IN BRIEF) ABN AMRO has extended the term of its CEO, Robert Swaak, by four years, until the 2028 General Meeting of Shareholders. Swaak, who has been CEO since April 2020, has accepted the request for the extension. The decision … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged ABN Amro, appointment, CEO, leadership, Robert Swaak, Tom de Swaan
(IN BRIEF) Siemens is expanding its Industrial Edge offerings, which enable edge computing in industrial production. The company has introduced several new features, including the cloud-based Industrial Edge Management system (IEM Cloud), additional hardware devices, and low-code programming with Mendix … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Cloud services, hardware, Industrial Edge Ecosystem, Low-Code Programming, Rainer Brehm, Siemens
(IN BRIEF) Siemens has taken the lead in applying for unitary patents in Europe, with over 12,000 applications submitted since the European Unitary Patent system started in June 2023. This new patent system, coupled with the Unified Patent Court, simplifies … Read the full press release
(IN BRIEF) HSBC Holdings plc reported strong financial performance in the third quarter of 2023, with profit before tax rising to $7.7 billion. This increase was driven by a higher interest rate environment and a positive impact related to the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged 2023 Earnings, Financial, HSBC, investment, Noel Quinn
(IN BRIEF) AI technology has the potential to significantly reduce energy consumption in buildings, which account for a substantial portion of energy usage and carbon dioxide emissions in the EU. By using sensors to collect data on temperature, humidity, and … Read the full press release
(IN BRIEF) A new education and community space called “The Place” has opened in Westfield, offering residents access to a range of opportunities. The initiative was approved by the City of York Council, which leased Sanderson House to the University … Read the full press release
Posted in Business, Construction, Education, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged "The Place", Education and Community Center, partnership, Rebecca Clark, Sanderson House, University of York, Westfield, Westfield Primary Community School and York High School
(IN BRIEF) Škoda has introduced the Digital Certificate, a digital document that provides verified details about a vehicle’s condition and service history within its warranty period. This certificate compiles data from various sources, including the vehicle’s electronic service book, and … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Management, Marketing, News, Technology
Tagged Digital Certificate, ŠKODA, transparency, Used Car Sales
(IN BRIEF) Researchers at the University of Leicester have developed a groundbreaking treatment for severe asthma using the monoclonal antibody tezepelumab. This monthly injection targets thymic stromal lymphopoietin (TSLP), a substance associated with inflammation in the airways of severe asthma … Read the full press release
(IN BRIEF) Researchers at the University of Leicester have discovered that cat hair could serve as valuable evidence in criminal investigations. While human perpetrators may take precautions to avoid leaving their DNA behind, cat hair contains its own DNA that … Read the full press release
Posted in Business, Education, Industrial, Management, News, Science, Technology, United Kingdom
Tagged aid, Cat Hair, Criminal Investigations, criminals, DNA, Dr Jon Wetton, Emily Patterson, Mark Jobling, Paws, University of Leicester
(IN BRIEF) Škoda Auto has released a teaser clip for the fourth-generation Superb, offering glimpses of its exterior and interior features. The upcoming Superb will feature redesigned LED Matrix beam headlights, LED rear lights with crystalline elements, and elements of … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Management, News, Technology
Tagged Exterior Features, Interior designs, ŠKODA AUTO, SUPERB
(IN BRIEF) Volkswagen has revealed a first look at its upcoming all-electric estate model, the ID.7 Tourer. This estate version of the ID.7, set to launch in Europe in 2024, combines spaciousness with high efficiency. The car boasts a low … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged all-electric, camouflaged, ID.7 Tourer, Volkswagen
(IN BRIEF) Glencore, a global mining and commodities company, released its Third Quarter 2023 Production Report. The report highlights the company’s performance over the first nine months of the year, emphasizing that copper, coal, and zinc assets met expectations and … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland
Tagged 2023 Q3 Production, ferrochrome, Financial, Gary Nagle, Glencore, investment, nickel
(IN BRIEF) AXA has released its tenth edition of the Future Risks Report, which analyzes evolving and rising risks based on perceptions of experts and the general population. The report identifies the concept of “polycrisis,” where geopolitical tensions, emerging technologies … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, Crisis Mode, Financial, Future Risks Report 2023, investment, THOMAS BUBERL
(IN BRIEF) The European Court of Auditors (ECA) has cautioned that the EU may struggle to meet its plastic packaging recycling targets for 2025 and 2030 outlined in the new Packaging and Packaging Waste Regulation. Packaging accounts for a significant … Read the full press release
Posted in Business, Environment, European Union, Government, Industrial, Law, Luxembourg, Management, News
Tagged EU, European Court of Auditors, partnership, Plastic Packaging Recycling, recycling, Reuse, sustainability
(IN BRIEF) GUTEX, a leading wood fiber insulation board manufacturer in Germany, has successfully implemented a cutting-edge ANDRITZ fiber preparation system at its Eschbach facility. This achievement marks the second collaboration between GUTEX and ANDRITZ and showcases their commitment to … Read the full press release
Posted in Austria, Business, Environment, Germany, Industrial, Technology
Tagged Andritz, ANDRITZ RotaBarker, chipping, debarking, debarking system, Eschbach, Fiber Preparation Line, fiber preparation system, fibers, Germany, GUTEX, HHQ-Chipper, Michael Rupp, Oliver Bauch, softwood chips, Wood fiber insulation board, wood fiberboard insulation
(IN BRIEF) Unilever has announced the appointment of Fernando Fernandez as its new Chief Financial Officer (CFO), effective from January 1, 2024. Fernandez, currently the President of Unilever’s Beauty & Wellbeing Business Group, will succeed Graeme Pitkethly, who is retiring … Read the full press release
(IN BRIEF) Unilever has announced the sale of Dollar Shave Club to Nexus Capital Management LP, a US-based private equity firm. Dollar Shave Club, known for its razors and male grooming products, will continue to serve consumers in North America … Read the full press release
(IN BRIEF) The Technical University of Munich (TUM) and chemical company Clariant have renewed their strategic partnership, extending the Munich Catalysis Alliance (MuniCat) until 2033. The collaboration aims to develop more efficient and sustainable catalysts for the chemical industry. Catalysts … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged catalysts, Chemical Industry, Clariant, Marvin Estenfelder, MuniCat, partnership, Prof. Kai-Olaf Martin Hinrichsen, Prof. Thomas F. Hofmann, sustainability, Technical University of Munich (TUM)
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