Category Archives: Business

Business Press Releases & News distributed via EuropaWire

T-Systems and Anaqor AG Partner to Simplify Quantum Computing for European Businesses

(IN BRIEF) T-Systems and Anaqor AG have joined forces to facilitate businesses’ entry into quantum technology. Anaqor AG’s PlanQK platform offers ready-made quantum algorithms and applications, while T-Systems provides access to real quantum computers and consulting services. This collaboration empowers … Read the full press release

Bentley Budapest Marks Five Years of Luxury Mobility in Europe with Exclusive Anniversary Celebration

(IN BRIEF) Bentley Budapest is commemorating its five-year partnership with Bentley Motors in the heart of Europe. Since its establishment in 2018, the Budapest facility has served an increasing number of customers drawn to Bentley’s prestigious model lineup, including the … Read the full press release

Bentley’s Speed Six Continuation Series Enters Testing Phase as Final Blower Series Cars Delivered

(IN BRIEF) Bentley has commenced the main testing phase for its Speed Six Continuation Series after delivering the final Blower Continuation Series customer car. These continuation series models, which faithfully replicate the originals from the 1930s, have been highly anticipated … Read the full press release

Revolutionizing Open RAN: RDSL Framework Simplifies Software-Hardware Integration

(IN BRIEF) Vodafone, in partnership with Cirrus360 and Intel, has introduced a pioneering solution in the field of Open Radio Access Networks (RAN). Their groundbreaking RAN Domain Specific Language (RDSL), detailed in a comprehensive white paper, offers a revolutionary approach … Read the full press release

BASF Commits to Scope 3.1 Emission Reductions, Targets Net Zero by 2050

(IN BRIEF) BASF, a major player in the chemical industry, has announced new sustainability commitments, including targets for Scope 3.1 emissions. The company aims to reduce its specific Scope 3.1 emissions by 15% by 2030 compared to 2022 levels. This … Read the full press release

BASF and Heidelberg University Commit to Advancing Sustainable Chemistry with Catalysis Research Lab (CaRLa) Extension

(IN BRIEF) BASF and Heidelberg University have extended their partnership for another five years to continue operating the Catalysis Research Laboratory (CaRLa) until 2028. CaRLa, founded in 2006, focuses on homogeneous catalysis and organic synthesis, with the aim of developing … Read the full press release

Sustainability Milestones: Siemens’ Fiscal Year 2023 Report

(IN BRIEF) Siemens has released its Sustainability Report for fiscal year 2023, highlighting substantial progress in sustainability efforts. Since 2019, the company has reduced its own CO2 emissions by 50%. Over 90% of Siemens’ business supports sustainability, helping customers avoid … Read the full press release

Navigating 2024: BNP Paribas Identifies Key Investment Trends

(IN BRIEF) BNP Paribas Wealth Management has outlined key investment themes for 2024. These include seeking real returns through inflation-protected income, investing in sectors benefiting from the shift away from globalization, capitalizing on energy transition and electrification, diversifying portfolios beyond … Read the full press release

University of Exeter to Lead €9.75 Million Research Project Addressing Inequality and Discrimination in Europe

(IN BRIEF) Professor Susan Banducci from the University of Exeter will lead the Infra4NextGen research project, funded by the European Commission with €9.75 million over four years, to address inequality, racism, and xenophobia in Europe. The research aims to support … Read the full press release

University of Exeter Ranks 30th Globally in QS Sustainability Rankings 2024, Acknowledging Commitment to ESG Challenges

(IN BRIEF) The University of Exeter has achieved a global ranking of 30th in the QS Sustainability Ranking 2024, which evaluates universities’ efforts to address Environmental, Social, and Governance (ESG) challenges. Exeter also secured 15th place in Europe and 10th … Read the full press release

Intesa Sanpaolo Wins Two Top Prizes at Qorus-Accenture Banking Innovation Awards

(IN BRIEF) Intesa Sanpaolo, the Italian banking group, has received two first-place awards at the Qorus-Accenture Banking Innovation Awards. The awards recognize innovations in banking on a global level. Intesa Sanpaolo won in the categories of “Neobanks & Specialized Players” … Read the full press release

Arcadis Ost 1 Wind Farm Powers Up, Adding 250 MW of Renewable Energy to German Grid

(IN BRIEF) The Arcadis Ost 1 wind farm, situated off the coast of Rügen in Mecklenburg-Western Pomerania, Germany, has commenced full capacity operation, contributing 250 megawatts (MW) of renewable energy to the German electricity transmission system. The wind farm operator, … Read the full press release

EDF’s Port-Est Power Plant Achieves 100% Renewable Energy with Liquid Biomass Conversion

(IN BRIEF) EDF Group’s subsidiary, EDF Production Energie Insulaire (PEI), has converted its bioenergy power plant at Port-Est in Reunion Island to operate on liquid biomass made from rapeseed oil, making it fully renewable and contributing to the region’s aim … Read the full press release

COP28: TotalEnergies Collaborates with National Oil & Gas Companies to Measure and Reduce Methane Emissions Using Innovative Drone Technology

(IN BRIEF) TotalEnergies has signed cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan, and Sonangol in Angola) to use its AUSEA technology for methane detection and measurement campaigns at oil and gas facilities in … Read the full press release

IATA: Global Air Cargo Demand Continues to Grow, but Challenges Loom in the Economic Horizon

(IN BRIEF) Global air cargo demand increased by 3.8% in October 2023 compared to the same month in 2022, marking the third consecutive month of stronger year-on-year demand, according to the International Air Transport Association (IATA). However, capacity, measured in … Read the full press release

ING Repurchases Nearly 23 Million Shares in Share Buyback Program Update

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has provided an update on its share buyback program, stating that it repurchased 22,777,914 shares during the week of November 27, 2023, up to December 1, 2023. The average price per share was €12.78, totaling €291,049,616.02. This … Read the full press release

Symbio Inaugurates Europe’s Largest Hydrogen Fuel Cell Gigafactory to Accelerate Hydrogen Mobility

(IN BRIEF) Symbio, a joint venture between Forvia, Michelin, and Stellantis, has inaugurated its first gigafactory called SymphonHy in Saint-Fons, France. This gigafactory is Europe’s largest integrated site producing hydrogen fuel cells and is part of the HyMotive project, a … Read the full press release

CUPRA Joins Forces with 37th America’s Cup in Barcelona, Unveils “CUPRA Cube” Countdown Timer

(IN BRIEF) CUPRA, an automotive brand, has entered into a strategic alliance with the 37th America’s Cup, one of the world’s major sporting events, taking place in Barcelona for the first time. To mark this partnership, CUPRA unveiled the “CUPRA … Read the full press release

Bosch Unveils Central Vehicle Computer for Integrated Infotainment and Driver Assistance Functions at CES 2024

(IN BRIEF) Bosch, a leading automotive supplier, is set to demonstrate the integration of infotainment and driver assistance functions in a software-intensive central computer on a single System on Chip (SoC) at CES 2024. This central vehicle computer, known as … Read the full press release

Barclays report: UK Consumer Spending Rebounds in November on Early Christmas Shopping and Black Friday Sales

(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release