(IN BRIEF) Bosch is expanding its semiconductor business to meet the increasing global demand for chips and sensors in the automotive and consumer goods industries. The company has opened a new test center for chips and sensors in Penang, Malaysia, … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged automotive, Bosch, chips, consumer goods, Dr. Markus Heyn, Dr. Stefan Hartung, Malaysia, Penang, semiconductor, Sensors, Test Center
(IN BRIEF) Vodafone Business and Nokia have developed a new cloud-based converged charging system, Nokia’s Converged Charging (NCC) software, to enable easy adoption of future 5G services for customers and strategic partners. The platform allows pricing and packaging of new … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology, Telecom
Tagged 5G Service, Alberto Ripepi, Converged Charging (NCC) System, Hamdy Farid, Nokia, partnership, vodafone
(IN BRIEF) BASF, a leading chemical company, plans to increase the production capacity of its medium-molecular weight polyisobutenes (OPPANOL® B) at its Ludwigshafen site in Germany by 25%. The decision comes in response to the growing global demand for high-quality … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged B Polyisobutenes, BASF, Dr. Tanja Rost, INNOVATION, Lena Adam, OPPANOL®, sustainability
(IN BRIEF) Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, has partnered with Energia Group to co-develop offshore wind projects in Ireland. The partnership aims to deliver a total capacity of up to 1.8 GW by … Read the full press release
(IN BRIEF) Business confidence in the UK fell by six points to 31% in July, mainly due to lower economic optimism, reaching a five-month low. Rising interest rates have become a major concern for businesses, and the retail sector showed … Read the full press release
Posted in Banks, Business, Economy, Financial, Management, News, United Kingdom
Tagged Business, economic uncertainty, Hann-Ju Ho, Lloyds Bank, Paul Gordon, Rising Interest Rate, UK
(IN BRIEF) Lloyds Bank has introduced its 2023 Student current account, offering various incentives to new students. Those who open the account and deposit £500 between August 1st and October 31st, 2023, will receive a cash lump sum of £100 … Read the full press release
Posted in Banks, Business, Education, Financial, Investment, Management, News, United Kingdom
Tagged 2023 Student Account, Cash Incentives, Credit Interest, Education, Lloyds Bank, Philip Robinson
(IN BRIEF) Lloyds Bank warns football fans about the rising threat of online ticket scams as the new English Premier League season approaches. Reported fraud cases related to football ticket purchases more than doubled last season, with victims losing an … Read the full press release
(IN BRIEF) HSBC and B2B fintech Tradeshift have announced a partnership to establish a jointly-owned business focused on developing embedded finance solutions and financial services apps. HSBC will invest $35 million in Tradeshift and join its board. The joint venture … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Barry O'Byrne, Christian Lanng, Finance Solutions, Financial, Fintech Apps, HSBC, partnership, Tradeshift
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching its Youth in Business Programme in Albania, aimed at supporting young entrepreneurs’ financial inclusion. The program will provide a €1 million loan to Union Bank for lending to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Albania, Business Programme, EBRD, Ekaterina Solovova, financial inclusion, Flutura Veipi, SMEs, Union Bank, young entrepreneurs, YOUTH
(IN BRIEF) Wintershall Dea, in partnership with the Egyptian Natural Gas Holding Company (EGAS), has achieved zero routine flaring at the DISOUCO Joint Venture in Egypt, becoming the first company in the country to do so. This accomplishment is part … Read the full press release
(IN BRIEF) Groupe Bruxelles Lambert (GBL) announces an enhanced shareholder return plan through an accelerated share buyback program. Having executed 26% of its initial EUR 500 million share buyback, GBL will reinstate the program with an additional EUR 130 million, … Read the full press release
Posted in Belgium, Business, Chemicals, Financial, Industrial, Investment, Management, News
Tagged buyback program, Financial, Groupe Bruxelles Lambert (GBL), Ian Gallienne, investment
(IN BRIEF) The University of East Anglia (UEA) has been awarded the prestigious Green Flag award for the seventh consecutive year, recognizing its outstanding green spaces and environmental standards. The UEA campus, covering 360 acres, includes various habitats and hosts … Read the full press release
(IN BRIEF) CSC Costruzioni, the Swiss subsidiary of the Webuild Group, along with its consortium partners, has been awarded a €157 million highway maintenance contract in the Canton of Ticino, Switzerland. The contract is part of the “USTRA EP 28 … Read the full press release
(IN BRIEF) The University of York and the Federation of Small Businesses (FSB) have initiated a research project aimed at understanding the impact of female business owners and entrepreneurs on the regional and national economy. The study will examine the … Read the full press release
(IN BRIEF) Researchers at the University of York, in collaboration with parents and carers, are urging the UK government to reform the benefits system. Latest research by Changing Realities and the Institute for Public Policy Research (IPPR) reveals that over … Read the full press release
Posted in Business, Financial, Government, Insurance, Management, News, United Kingdom
Tagged Changing Realities, Dr Ruth Patrick, IPPR, Melanie Wilkes, partnership, reform, UK Benefits System, University of York
(IN BRIEF) The University of York’s Sparks initiative has provided funding for three research projects. The YorVoice project focuses on voice research to understand individual vocal differences and improve technology, healthcare, and creative expression. The York Equitable Technology Lab aims … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged creative expression, Dr Amelia Gully, Dr Jed Meers, Equitable Tech Lab, funding, Healthcare, innovations, NHS Healthcare Projects, Professor Jonathan Ensor, Professor Matthias Ruth, Sparks, technology, YorVoice
(IN BRIEF) Continental has commenced production of its most sustainable series tire, the UltraContact NXT, in Portugal. The summer tire incorporates up to 65 percent renewable, recycled, and certified materials, while maintaining excellent safety and performance. It contains bio-based silica … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News
Tagged Continental, recycled materials, sustainability, Tire Manufacturing, UltraContact NXT
(IN BRIEF) BioNTech SE has completed the acquisition of InstaDeep Ltd., a prominent AI and ML technology company. The acquisition is part of BioNTech’s strategy to enhance AI-driven drug discovery and develop advanced immunotherapies and vaccines for diseases with significant … Read the full press release
(IN BRIEF) Nicola Leske has been appointed as the new Executive Vice President of Group Communications & Sustainability at DHL Group, starting from August 1, 2023. With over 20 years of experience in communications, Leske previously served as Managing Partner … Read the full press release
(IN BRIEF) BASF and Huntsman, along with their Chinese partner companies, announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC). Going forward, they will operate two MDI plants at the site … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged BASF, CHINA, Huntsman, MDI production, partnership, Ramkumar Dhruva, Tony Hankins
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