Category Archives: Business

Business Press Releases & News distributed via EuropaWire

TotalEnergies Responds to Accusations Over Mozambique LNG Terrorist Attacks, Details Emergency Assistance Efforts

(IN BRIEF) TotalEnergies rejects accusations of “manslaughter and a failure to assist people in danger” during the 2021 terrorist attacks in northern Mozambique. The company outlines its emergency response, which included evacuating over 2,500 people from the Mozambique LNG project … Read the full press release

Intesa Sanpaolo’s ‘Italian Excellences 2023’ Highlights Italian Mid Corporates to International Investors in Paris

(IN BRIEF) The second edition of Intesa Sanpaolo’s “Italian Excellences 2023, Mid Corporate Conference” in Paris saw around 50 companies, primarily listed on the Euronext STAR Milan segment of Borsa Italiana, participating. The event, in collaboration with Borsa Italiana, attracted … Read the full press release

DNV Report: Energy Transition Slow to Replace Fossil Fuels, CO2 Emissions Peak Expected in 2024

(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release

Digitalization Reshapes Insurance: Balancing Efficiency Gains and Emerging Risks

(IN BRIEF) The insurance industry is leveraging digitalization to monitor, mitigate, and price risks more efficiently, leading to tailored insurance solutions and increased protection. Swiss Re’s report highlights the potential for 3-8% improvements in loss ratios and 10-20% savings in … Read the full press release

Saab Secures SEK 970 Million Order to Enhance CV90 Combat Vehicle’s Targeting Capabilities

(IN BRIEF) Saab has secured an order worth SEK 970 million from BAE Systems Hägglunds to provide sight- and fire control capability for the CV90 combat vehicle. The contract, spanning from 2023 to 2029, involves supplying this capability for CV90s … Read the full press release

Rio Tinto Boosts Australia-Japan Collaboration with $1.7 Million Investment in Innovation Fund

(IN BRIEF) Rio Tinto has pledged an additional A$1.7 million to the Australia-Japan Innovation Fund (AJIF) during the 60th Australia-Japan Annual Joint Business Conference in Melbourne. This funding will support research projects and strengthen collaboration between Australia and Japan in … Read the full press release

Thales Partners with Zambia Airports to Upgrade Air Traffic Control Systems for Enhanced Safety

(IN BRIEF) Thales is collaborating with Zambia Airports Corporation Limited (ZACL) to modernize the air traffic control (ATC) systems at Kenneth Kaunda International Airport in Lusaka and Harry Mwanga Nkumbula International Airport in Livingstone. This upgrade will introduce Datalink CPDLC … Read the full press release

FIGO Honors Global Women’s Health Champions at XXIII World Congress

(IN BRIEF) During the Welcome Ceremony of the XXIII FIGO World Congress of Gynecology and Obstetrics in Paris, FIGO (International Federation of Gynecology and Obstetrics) celebrated the contributions of five exceptional professionals dedicated to improving women’s health worldwide. The FIGO … Read the full press release

Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company

(IN BRIEF) Škoda Auto, the Czech car manufacturer, is making a strategic return to the Kazakhstan market by partnering with Allur Company for sales and production. They have signed a partnership agreement, and starting in early 2024, four Škoda models … Read the full press release

Merck’s MAVENCLAD Shows Sustained Reduction in Neuronal Injury for Multiple Sclerosis Patients

(IN BRIEF) Merck, a prominent science and technology company, has revealed new findings from the MAVENCLAD® (cladribine tablets) MAGNIFY-MS study at the 9th Joint ECTRIMS-ACTRIMS meeting in Milan. The study demonstrated that patients with relapsing multiple sclerosis (RMS) experienced a … Read the full press release

Wandering Albatrosses May Use Infrasound for Navigation on Long Ocean Journeys, University of Liverpool Study Finds

(IN BRIEF) A recent study conducted by the University of Liverpool suggests that wandering albatrosses, known for their extensive seabound journeys, may rely on infrasound for navigation during their long and featureless foraging trips that span thousands of miles. The … Read the full press release

Skanska Secures £158 Million Contract with Telehouse for London Data Centre Project

(IN BRIEF) Skanska, a construction and development company, has announced a GBP 158 million contract with Telehouse for a data center project in Docklands, London, UK. The project encompasses mechanical and electrical fit-outs for two floors, additional plant and infrastructure … Read the full press release

AFRY Strengthens Sustainable Energy Solutions in Indonesia with Senior Environmental and Social Experts

(IN BRIEF) AFRY, a global consulting firm, has bolstered its environmental and social consulting business in Indonesia by welcoming a team of senior environmental, social, and sustainability experts. This strategic addition enhances AFRY’s position as a prominent international environmental and … Read the full press release

New Course Equips Learners for Mental Health Support in Humanitarian Emergencies on World Mental Health Day

(IN BRIEF) Launched on World Mental Health Day, this 10-week blended course, developed in collaboration with the IFRC Reference Centre for Psychosocial Support, aims to provide essential skills for individuals involved in the development, management, and monitoring of mental health … Read the full press release

Almirall Partners with Centrient Pharmaceuticals to Establish Innovation Lab at R&D Center in Barcelona

(IN BRIEF) Almirall, a global biopharmaceutical company specializing in medical dermatology, has entered into an agreement with Centrient Pharmaceuticals, a leader in sustainable biosynthetic pharmaceuticals, to establish a dedicated innovation lab at Almirall’s R&D center in Sant Feliu de Llobregat, … Read the full press release

Enea Donates Historic E-mail Terminal to Stockholm Museum for Milestone Anniversary

(IN BRIEF) To mark the 40th anniversary of the first e-mail in Sweden, technology company Enea is donating the Digital DECwriter III terminal used for the historic message to the Museum of Science and Technology in Stockholm, symbolizing Sweden’s digital … Read the full press release

ABN AMRO Groenbank Marks Five Years of Supporting Sustainable Business with Green Savings and Loans

(IN BRIEF) ABN AMRO Groenbank is celebrating its fifth anniversary in providing Green Savings Deposits and Green Loans. Launched in 2018, ABN AMRO Groenbank uses client savings from its Green Savings Deposit to help entrepreneurs transition to more sustainable business … Read the full press release

ECE and Thalia Collaborate on Cutting-Edge Facility in Marl Business Park

(IN BRIEF) ECE and Thalia are collaborating on a EUR 100 million project to create an innovative commercial and production site in Marl. Thalia, a leading German omni-channel bookseller, aims to expand its capabilities through this venture, which will involve … Read the full press release

Ericsson and CTTC Collaborate on Research Projects to Advance 5G and 6G Network Slicing

(IN BRIEF) Ericsson and the Centre Tecnològic de Telecommunications de Catalunya (CTTC) have formed a research partnership to address the challenges of massive network slicing in advanced 5G and 6G networks. This collaboration is part of the UNICO I+D program, … Read the full press release

VetPartners Set for Positive Transformation with EQT Acquisition

(IN BRIEF) EQT is set to acquire VetPartners, the largest provider of veterinary services in Australia and New Zealand, from National Veterinary Associates, Inc. Through this deal, EQT plans to support VetPartners’ clinical teams in delivering top-quality care to animals. … Read the full press release