Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Groundbreaking Treatment Tezepelumab Offers Hope to Severe Asthma Patients

(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

Paws for Thought: Cat Hair DNA Could Aid Criminal Investigations

(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

Škoda Auto Teases Fourth-Generation Superb with Exciting Interior and Exterior Features

(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

Volkswagen Unveils First Glimpse of ID.7 Tourer: All-Electric Estate Combining Space and Efficiency

(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

Glencore Reports 2023 Q3 Production: Adjusts Nickel and Ferrochrome Forecasts Amidst Challenges

(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

AXA’s Future Risks Report 2023 Warns of a World in Simultaneous Crisis Mode

(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

EU Faces Challenges in Meeting Plastic Packaging Recycling Targets, Says European Court of Auditors

(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

Sustainable Insulation Leader GUTEX Adopts Innovative ANDRITZ Fiber Technology

(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

Unilever Appoints Fernando Fernandez as New CFO Amid Leadership Changes

(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

Unilever Sells Dollar Shave Club to Nexus Capital Management to Focus on Core Growth Areas

(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

Technical University of Munich (TUM) and Clariant Extend Partnership to Advance Sustainable Catalysts for the Chemical Industry

(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

Nordic Investment Bank Collaborates with Lithuania to Boost Energy Efficiency in Public Buildings

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 20-year credit facility with Lithuania to co-finance the energy efficiency program for public buildings from 2023 to 2026. This financing will be used to renovate 25 public buildings, leading to … Read the full press release

ViiV Healthcare Receives Chinese Approval for Long-Acting HIV Treatment Vocabria and Rekambys

(IN BRIEF) ViiV Healthcare has received approval from China’s National Medical Products Administration (NMPA) for Vocabria (cabotegravir) in combination with Rekambys (rilpivirine), marking the first complete long-acting HIV-1 injectable treatment in China. This approval allows people living with HIV in … Read the full press release

Infineon Expands AIROC Portfolio with Advanced Wi-Fi 6/6E and Bluetooth 5.4 Solution for IoT Applications

(IN BRIEF) Infineon Technologies has expanded its AIROC™ portfolio with the AIROC CYW5551x Wi-Fi 6/6E and Bluetooth 5.4 solution. This versatile family of chips offers secured and reliable 1×1 Wi-Fi 6/6E connectivity that surpasses standard performance levels and advanced ultra-low … Read the full press release

Voith’s High-Efficiency Fan Technology Enhances Fendt Tractors’ Cooling Systems and Performance

(IN BRIEF) Voith, a global leader in the development of efficient fan units for cooling systems, continues to collaborate with Fendt on innovative cooling solutions for tractors. The fan unit, part of Fendt’s Concentric Air System (CAS), is designed to … Read the full press release

Schneider Electric’s Sustainability Program Gains Momentum with Local Initiatives and Global Recognition

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has released its quarterly sustainability impact performance report along with its third-quarter financial results. The report highlights the progress of the Schneider Sustainability Impact (SSI) 2021-2025 program, which aims … Read the full press release

Pfizer and BioNTech Report Promising Results for mRNA-Based Combination Vaccine Against Influenza and COVID-19

(IN BRIEF) Pfizer and BioNTech have announced positive topline results from a Phase 1/2 study of their mRNA-based combination vaccine program for influenza and COVID-19. The lead formulations showed robust immune responses to influenza A, influenza B, and SARS-CoV-2 strains. … Read the full press release

Record-Breaking Year for Corporate Renewable PPAs in the EU, but Regulatory Barriers Must Be Removed, Say Industry Leaders

(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release

thyssenkrupp Uhde to Supply Green Methanol and Methanol-to-Gasoline Plant for ENOWA’s Sustainable Fuel Production in Saudi Arabia

(IN BRIEF) thyssenkrupp Uhde has secured a contract from ENOWA to provide engineering services and equipment for a CO2-to-methanol and methanol-to-gasoline demonstration plant in Saudi Arabia. The plant, a joint project by ENOWA and Aramco, will use the uhde® green … Read the full press release

Volkswagen’s Enhanced T-Cross SUV Now Available for Pre-Sale with Upgraded Features and Pricing

(IN BRIEF) Volkswagen has opened pre-sales for the new T-Cross SUV, featuring a range of enhancements including a refreshed exterior design, LED headlights and tail lights, and a higher-quality interior. The T-Cross will be available with three turbocharged petrol engine … Read the full press release