(IN BRIEF) Marks & Spencer (M&S) is expanding its Shwopping scheme by introducing dedicated school uniform Shwop boxes in over 200 of its stores across the UK. The initiative, in partnership with Oxfam and eBay, aims to give pre-loved school … Read the full press release
(IN BRIEF) Researchers at the Paul Scherrer Institute (PSI) have developed a new drug that shows promise in increasing the survival chances of patients with metastatic prostate cancer. The drug is now being tested in the PROGNOSTICS project, a research … Read the full press release
(IN BRIEF) VINCI Highways, in partnership with its subsidiary Olympia Odos, is expanding its innovative “Water from the Air” service along the Athens-Patras highway. The service provides travelers with free, fresh, and high-quality drinking water produced from air ambient humidity. … Read the full press release
(IN BRIEF) CACEIS and Royal Bank of Canada (RBC) have successfully completed the acquisition of RBC Investor Services’ European and Malaysian operations. This transaction, which has received regulatory approvals, strengthens CACEIS’ position as a leading asset servicing player in Europe. … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, News
Tagged acquisition, CACEIS, Francis Jackson, Jean-Pierre Michalowski, RBC
(IN BRIEF) Saint-Gobain, a global building materials company, has announced the sale of its glass processing business, COVIPOR, in Portugal to PNI Portugal & Permanente SA. COVIPOR, which generated sales of approximately €20 million in 2022 and employs around 100 … Read the full press release
Posted in Business, Construction, France, Management, News
Tagged COVIPOR, deal, partnership, PORTUGAL, Saint-Gobain
(IN BRIEF) Gasum, a Nordic energy company, has opened a new gas filling station in Växjö, Sweden, in response to increasing customer demand for lower-emission fuel options. The station offers renewable liquefied biogas (LBG) and liquefied natural gas (LNG), which … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged Alwex Transport, Gasum, Peter Sagebrant, Renewable Gas Filling Station, Sharareh Edström, sustainable fuel, Sweden, Växjö
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been awarded an additional GBP 103M, approximately SEK 1.3 billion, for their work on phase one of the UK’s new high-speed railway, HS2. The award is in … Read the full press release
Posted in Business, Construction, Financial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged contract, investment, Skanska
(IN BRIEF) Philips and Philips Foundation have received the prestigious GRAND PRIX and GOLD Design Effectiveness Award from the Design Business Association (DBA) for their High-Risk Pregnancy Referral tool. The tool, consisting of simple referral cards, has been designed for … Read the full press release
Posted in Awards, Business, Healthcare, Management, Netherlands, News
Tagged Design Excellence, Gold Award, High-Risk Pregnancy Referral Tool, Peter Skillman, Philips, Philips Foundation
(IN BRIEF) The University of Dundee is launching the Binks Sustainability Institute to address the urgent need for sustainable living and tackle the climate crisis. The institute is made possible by a significant donation from the Binks Trust, facilitated by … Read the full press release
(IN BRIEF) Simon Linder, a PhD candidate, conducted multi-omics research to understand how tumor cells adapt to hormonal therapies in prostate cancer. Prostate cancer is hormone-dependent, and although hormonal therapy is initially effective, cancer cells eventually become resistant to it. … Read the full press release
Posted in Business, Education, Healthcare, Management, Netherlands, News, Science
Tagged hormonal therapy, Multi-Omics Research, prostate cancer, protein, Resistance, Simon Linder, treatment, TU/e, Wilbert Zwart
(IN BRIEF) ABB and Microsoft have announced an expanded partnership to integrate Azure OpenAI Service into ABB’s Genix Industrial Analytics and AI suite. The collaboration aims to leverage generative AI technology to help industrial customers gain insights from operational data. … Read the full press release
Posted in Business, Management, News, Switzerland, Technology
Tagged ABB, ABB Ability™, AI Suite, Azure OpenAI Service, Genix, Genix Industrial Analytics, Microsoft, partnership, Rajesh Ramachandran, Ralph Haupter
(IN BRIEF) ABB has successfully completed the divestment of its Power Conversion division to AcBel Polytech Inc. for an enterprise value of $505 million. This transaction marks the completion of all divisional portfolio divestments announced by ABB in late 2020. … Read the full press release
Posted in Business, Investment, Management, News, Switzerland, Technology
Tagged ABB, AcBel Polytech Inc., divestment
(IN BRIEF) Atos Group, a global leader in digital transformation, has entered into exclusive negotiations with Schneider Electric for the sale of 100% of EcoAct SAS and its subsidiaries. This potential transaction would allow Atos to divest non-core assets and … Read the full press release
Posted in Business, Environment, France, Management, News, Technology
Tagged Atos, decarbonization, Diane Galbe, EcoAct, partnership, Schneider Electric, Steve Wilhite, Stuart Lemmon, sustainability
(IN BRIEF) SoleSense, a startup revolutionizing stroke rehabilitation, has won the Best Elevator Pitch award at Bristol’s prestigious Tech-Xpo 2023 Showcase. The company, founded by Caz Icke in 2019, utilizes shoe sensors and a real-time biofeedback application to offer personalized … Read the full press release
(IN BRIEF) Ericsson and Swisscom have successfully deployed the fiber-extended reach feature of the Radio Dot System, enabling high-capacity indoor 5G coverage within a 10 km radius from a centralized location. By using fiber and hybrid fiber cables, Swisscom can … Read the full press release
Posted in Business, Management, News, Sweden, Technology
Tagged 5G, Ericsson, fiber technology, indoor, Mark Düsener, Nils Andersson, Swisscom
(IN BRIEF) MAN Truck & Bus is preparing to begin series production of its electric trucks in 2024. Over 500 order enquiries have already been received, and 2,600 employees have been trained in high-voltage technology. The company has created an … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Technology, Transportation & Logistics
Tagged electric truck, electric vehicles, emobility, MAN, MAN Truck & Bus, Michael Kobriger
(IN BRIEF) Wood, a leading global consulting and engineering firm, has secured a contract extension worth approximately $250 million from Brunei Shell Petroleum (BSP), the largest energy producer in Brunei. The two-year extension focuses on rejuvenating BSP’s offshore energy assets … Read the full press release
(IN BRIEF) ANDRITZ has been awarded a contract by Mpact Operations to upgrade the pulping line at the Mkhondo Paper Mill in South Africa. The upgrade will increase the line’s capacity and improve product strength to meet the demand for … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, Brian Smith, Mkhondo Paper Mill, Mpact Operations, Mpumalanga, pulping line, South Africa
(IN BRIEF) Skanska has been awarded a contract worth NOK 800M (SEK 800M) by Vestland County to build the new Ytre Steinsund bridge in Solund municipality, Norway. The bridge will be 811 meters long, situated 50 meters above sea level, … Read the full press release
(IN BRIEF) Gernot Döllner has been announced as the new CEO of AUDI AG, taking over from Markus Duesmann in Volkswagen’s Group Board of Management on September 1, 2023. Döllner, who has a mechanical engineering background, has held several managerial … Read the full press release
Posted in Automotive, Business, Germany, Management
Tagged appointment, Audi, CEO, Gernot Döllner, leadership, Markus Duesmann, Volkswagen
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