Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Infineon Partners with Archetype AI to Drive Sensor-Based AI Chips for Enhanced User Experiences

(IN BRIEF) In a strategic partnership, global semiconductor manufacturer Infineon Technologies AG and AI pioneer Archetype AI, Inc. aim to accelerate the development of sensor-based chips with artificial intelligence capabilities. Archetype AI’s “Large Behavior Model” (LBM) enables the analysis of … Read the full press release

Report Reveals Path to Save 11% of Global Emissions by 2030, Unlocking $437 Billion in Savings

(IN BRIEF) In anticipation of COP28, the Energy Efficiency Movement (EEM) has released a groundbreaking report titled “The Case for Industrial Energy Efficiency.” This report offers a clear roadmap for industries to achieve an impressive 11% reduction in global emissions … Read the full press release

Borealis Partners with Alpiq for Long-Term Renewable Energy Supply from Finnish Wind Farm

(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release

Iberdrola Deutschland Wins Bid to Develop Wind Farms for Renewable Energy in Germany

(IN BRIEF) Iberdrola Deutschland has secured the rights to three wind energy sites in the latest tender held by Forst Baden-Württemberg (ForstBW). These wind farms, covering a total of 790 hectares, are expected to feature around 25 wind turbines and … Read the full press release

AstraZeneca’s FluMist Nasal Spray Moves Closer to FDA Approval for Self-Administration

(IN BRIEF) AstraZeneca’s Supplemental Biologics License Application (sBLA) seeking approval for a self- or caregiver-administered option for FluMist Quadrivalent, a needle-free nasal spray flu vaccine, has been accepted for review by the US Food and Drug Administration (FDA). If approved, … Read the full press release

Riverty and Computop Expand Partnership to Offer Accounting-as-a-Service to Online Merchants

(IN BRIEF) European Fintech leader Riverty and Germany’s renowned payment service provider, Computop, have announced the expansion of their partnership to provide accounting-as-a-service to online merchants. Building upon their existing collaboration focused on Buy Now, Pay Later (BNPL) solutions, this … Read the full press release

NWO and ZonMw Achieve Over 90% Open Access Publication Rate in 2022, Emphasizing Commitment to Open Science

(IN BRIEF) In a significant move towards open access in research, NWO and ZonMw, Dutch research funding organizations, have revealed that 93% of research funded by both institutions in 2022 was published as open access. This milestone reflects their dedication … Read the full press release

Macquarie Asset Management to Acquire Nearly 50% Stake in Hydro’s Renewable Energy Arm

(IN BRIEF) Macquarie Asset Management has inked an agreement with Hydro, a prominent Norwegian aluminum and renewable energy company, to purchase a 49.9 percent ownership interest in Hydro’s renewable energy subsidiary, Hydro Rein, for $332 million. This deal values Hydro … Read the full press release

Saab Unveils Cutting-Edge Defense Solutions at Dubai Airshow

(IN BRIEF) Saab will be showcasing its advanced defense and security solutions at the Dubai Airshow in Dubai World Central, United Arab Emirates, from November 13 to 17. Visitors to Saab’s stand (#965) in the main exhibition hall will have … Read the full press release

Saab Secures SEK 579 Million Contract to Enhance Gripen C/D Fighter Jets

(IN BRIEF) In a significant development, Saab has been awarded a contract worth SEK 579 million by the Swedish Defence Materiel Administration (FMV) to bolster the operational capabilities of Gripen C/D fighter aircraft. This contract encompasses the design of new … Read the full press release

GRAHAM Honored with Green Apple Award 2023 for Innovative South Bank Technical College – Nine Elms (STEAM) Centre

(IN BRIEF) GRAHAM has been recognized with a Green Apple Award 2023 for its outstanding work on the South Bank Technical College – Nine Elms (STEAM) Centre. This innovative learning environment, funded by the Mayor of London and completed in … Read the full press release

Shell and Oman LNG Extend Partnership Beyond 2024, Securing Long-Term Gas Supply Agreements

(IN BRIEF) Shell Gas BV, a subsidiary of Shell plc, along with partners in the Oman LNG LLC venture, have signed an amended shareholders’ agreement for Oman LNG LLC, extending the business beyond 2024. Shell Gas will remain the largest … Read the full press release

Airbus Defence and Space Secures €1.2 Billion Contracts for Enhancement and Support of French A330 MRTT Fleet

(IN BRIEF) Airbus Defence and Space has inked two contracts with France’s Direction générale de l’armement (DGA) and Direction de la Maintenance Aéronautique (DMAé), amounting to a total of €1.2 billion. The contracts pertain to the Capability Enhancement and In-Service … Read the full press release

SIX Swiss Exchange Welcomes First Trust as New ETF Issuer, Expanding Its Offering to 1,710 ETFs

(IN BRIEF) SIX Swiss Exchange has welcomed First Trust as a new issuer of exchange-traded funds (ETFs), becoming the 28th ETF issuer on the exchange. First Trust’s introduction adds two new ETF products to the exchange, bringing the total number … Read the full press release

Infineon Launches Quantum Electronics Lab to Develop Stable and Scalable Quantum Computer Circuits

(IN BRIEF) Infineon Technologies AG has inaugurated a new laboratory in Oberhaching near Munich, dedicated to the development of quantum electronics. The lab aims to create and test microelectronic circuits for quantum computers that are stable, compact, reliable, and suitable … Read the full press release

Infineon Unveils TRAVEO™ T2G Cluster Microcontrollers with Advanced Graphics Engine for Automotive and Industrial Applications

(IN BRIEF) Infineon Technologies has introduced its TRAVEO™ T2G Cluster family of automotive microcontrollers (MCUs), equipped with a new graphics engine featuring smart rendering technology. These MCUs offer high-performance capabilities for automotive graphics applications while maintaining a small footprint. The … Read the full press release

Thales Alenia Space and Partners Collaborate on Digital Twin Earth Prototype for Flood Prediction in Luxembourg

(IN BRIEF) The Luxembourg Space Agency (LSA) has been supporting Thales Alenia Space, along with partners the Luxembourg Institute of Sciences and Technologies (LIST) and PricewaterhouseCoopers Luxembourg (PwC), in their initiative to create a Proof of Concept for a flood … Read the full press release

Vard and Windward Offshore to Construct Hybrid Commissioning Service Operation Vessels for Offshore Wind Support

(IN BRIEF) Vard, a prominent player in special ship construction under the Fincantieri group, has entered into a contract with the Windward Offshore consortium to design and build two hybrid Commissioning Service Operation Vessels (CSOV) for offshore wind farm support. … Read the full press release

Evonik Launches GMP Production of Plant-Based Squalene PhytoSquene® for Pharmaceutical Use

(IN BRIEF) Evonik’s life sciences division, Nutrition & Care, has introduced GMP (Good Manufacturing Practices) production of PhytoSquene®, a non-animal-derived squalene derived from amaranth oil. PhytoSquene® offers a sustainable alternative to squalene sourced from shark liver oil and is intended … Read the full press release

Linde Declares Quarterly Dividend and Approves $15 Billion Share Repurchase Program

(IN BRIEF) Linde plc has announced a quarterly dividend of $1.275 per share, payable on December 18, 2023, to shareholders of record on December 4, 2023. Additionally, the company’s Board of Directors has approved a new share repurchase program for … Read the full press release