Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Green Sea Turtles Found to Feed on Same Seagrass Meadows for Millennia, Highlighting Conservation Importance

(IN BRIEF) A recent study conducted by the University of York, in collaboration with other universities, has revealed that green sea turtles have been feeding on North African seagrass meadows for approximately 3,000 years. The researchers used isotope analysis, satellite … Read the full press release

Maersk Expands Presence in Croatia with Opening of Own Multi-Customer Warehouse

(IN BRIEF) Maersk, a global provider of logistics solutions, has opened its first multi-customer warehouse in Croatia, further strengthening its footprint in the country. The 12,000 sqm facility, located near the port of Rijeka, offers fast delivery times and efficient … Read the full press release

Researchers Discover Previously Unknown Methane Sources in Hamburg, Highlighting Importance of Emission Reduction

(IN BRIEF) A team of researchers from the Technical University of Munich conducted a study in Hamburg to identify methane leaks and previously unknown sources of methane emissions in urban areas. Methane, the second most common greenhouse gas, has a … Read the full press release

Judge Wendy Beetlestone Installed as University of Liverpool’s First Female and Black Chancellor

(IN BRIEF) Judge Wendy Beetlestone, an alumna of the University of Liverpool, has been formally installed as the institution’s eleventh Chancellor. Wendy, the university’s first female and first Black Chancellor, expressed gratitude for her time at Liverpool, which she credits … Read the full press release

University of Twente Recognizes AI’s Potential While Acknowledging Risks

(IN BRIEF) The University of Twente (UT) acknowledges the opportunities presented by Artificial Intelligence (AI) tools like ChatGPT while emphasizing the need to be aware of associated risks. UT believes that AI can be a valuable tool in education and … Read the full press release

New Underwater AI Bot Aims to Protect Ocean Environment and Combat Illegal Fishing

(IN BRIEF) Scientists at the University of Southampton have initiated the development of an underwater artificial intelligence (AI) bot called Aqua, designed to detect activities that pose harm to the ocean environment. The AI system, codenamed MARLIN, received over £700,000 … Read the full press release

RWE Clean Energy Signs Multiple PPAs to Power 70,000 Homes in Virginia, United States

(IN BRIEF) RWE Clean Energy has signed eight long-term power purchase agreements (PPAs) with Dominion Energy Virginia for seven solar projects, totaling over 300 MW of capacity. The solar energy generated from these projects will power more than 70,000 homes … Read the full press release

EnBW Reappoints Dirk Güsewell and Georg Stamatelopoulos to Board of Management

(IN BRIEF) EnBW Energie Baden-Württemberg AG’s Supervisory Board has made an early decision to reappoint Dirk Güsewell and Dr. Georg Stamatelopoulos as members of the Board of Management for an additional five years. Dirk Güsewell oversees System Critical Infrastructure, while … Read the full press release

Infineon Introduces Automotive-Qualified F-RAM Memory Devices for Data Logging Expansion

(IN BRIEF) Infineon Technologies AG announces the expansion of its data logging memory portfolio with the introduction of two new automotive-qualified Ferroelectric RAM (F-RAM) memory devices. These devices, available in 1Mbit and 4Mbit densities, cater to the increasing demand for … Read the full press release

Savills Strengthens Social Value Team with Appointment of Michael Blake

(IN BRIEF) Savills, a leading global real estate services provider, has appointed Michael Blake as an associate director in its social value team as part of the expanding Savills Earth offering. With a decade of experience in social value and … Read the full press release

University of Exeter Recognized as Finalist for UK Social Mobility Awards

(IN BRIEF) The University of Exeter has been nominated for prestigious national awards, the UK Social Mobility Awards, in the Leadership of the Year and University of the Year categories. The university’s initiatives aim to improve access to higher education … Read the full press release

Banijay Unveils Reorganization in Asia, Combining Endemol Shine India and Banijay Asia

(IN BRIEF) Banijay, a prominent media and entertainment company, has successfully reorganized its operations in Asia by merging Endemol Shine India and Banijay Asia under the leadership of Deepak Dhar, who assumes the role of Founder & Group CEO of … Read the full press release

EBRD and CGI Launch Climate Governance Platform “Chapter Zero Egypt” to Drive Sustainable Business Practices

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative (CGI) have collaborated to launch Chapter Zero Egypt, a platform aimed at promoting effective climate governance practices among businesses and financial institutions in Egypt. Chapter … Read the full press release

Continental Becomes Exclusive Tire Supplier for Brabus’ Most Powerful Supercar, the Brabus 930

(IN BRIEF) Continental has been chosen as the exclusive tire supplier for the new Brabus 930, the most powerful supercar in Brabus’ lineup. The car will be equipped with Continental tires, with size 275/35 ZR 21 at the front and … Read the full press release

TotalEnergies, Aramco, and SABIC Successfully Convert Plastic Waste into Certified Circular Polymers in the Middle East

(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release

Michelin’s Road-Approved Car Tire with Sustainable Materials Wins AutomotiveINNOVATIONS Award

(IN BRIEF) Michelin has been honored with the AutomotiveINNOVATIONS Award 2023 in Frankfurt for its road-approved car tires containing 45% sustainable materials. The award recognizes Michelin’s commitment to producing tires made entirely from sustainable materials by 2050, with an interim … Read the full press release

Michelin Introduces Expanded CROSSGRIP Range with Enhanced Versatility and Performance

(IN BRIEF) Michelin is expanding its CROSSGRIP range with the addition of two new dimensions: 480/70R20 and 480/80R26. Designed for various vehicles, including industrial, agricultural, and handling equipment, the CROSSGRIP range offers exceptional versatility on roads, grass, and snow. The … Read the full press release

SEAT S.A. Announces Battery Cell Assembly Plant in Martorell, Advancing Electrification Plan

(IN BRIEF) SEAT S.A., under the leadership of President Wayne Griffiths, has confirmed plans to construct a battery cell assembly plant in Martorell. The company has applied to the new Battery PERTE VEC and intends to invest an additional 300 … Read the full press release

Barclays Strengthens M&A Franchise with Key Appointments

(IN BRIEF) Barclays has announced the expansion of its M&A franchise through the appointment of Dan Grabos as Co-Head of Americas M&A, alongside Larry Hamdan. In addition to his new role, Grabos will continue serving as Co-Head of Industrials M&A. … Read the full press release

Aegon Announces Coupon Rate Determination for USD Perpetual Capital Securities

(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release