(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
(IN BRIEF) BNP Paribas Wealth Management and SDA Bocconi School of Management have collaborated to release an exclusive report on family business governance in Europe. The report emphasizes the significant role of family firms in driving economic growth and employment. … Read the full press release
(IN BRIEF) BASF and Yara Clean Ammonia have partnered to conduct a joint study for the development of a large-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. The aim is to construct a … Read the full press release
(IN BRIEF) BASF has celebrated the opening of Europe’s first co-located center for battery material production and recycling in Schwarzheide, Germany. The facility includes a state-of-the-art production plant for cathode active materials and a battery recycling plant, marking significant progress … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Technology
Tagged BASF, battery material production, Battery recycling, cathode active materials, Dr. Dietmar Woidke, Dr. Martin Brudermüller, Dr. Peter Schuhmacher, Dr. Robert Habeck, electric vehicles, EU battery market, EV, Germany, Maroš Šefčovič, recycled metals, Schwarzheide
(IN BRIEF) Digi Communications N.V. has announced the conclusion of an amendment agreement to the Facility Agreement by its Spanish subsidiary, Digi Spain Telecom S.L.U. The agreement allows for an additional term loan facility of EUR 100,000,000 to be made … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Investment, Italy, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Banco Santander, capital expenditure, DIGI COMMUNICATIONS N.V., Digi Spain, Digi Spain Telecom S.L.U., Facility Agreement, Facility Agreement dated 26 July 2021, fiber-optic network, ING Bank N.V., loan, loan facility, RCS & RDS S.A., telecom equipment, telecom infrastructure, telecommunication services
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million credit line to Bank of Africa – BMCE Group (BOA) to support micro, small, and medium-sized enterprises (MSMEs) in Morocco. The loan aims to enhance … Read the full press release
(IN BRIEF) SGS, a leading global testing and certification company, has opened a state-of-the-art testing facility in Chakan, Pune, India. The new facility specializes in automotive and consumer electronics testing, featuring advanced laboratories for metallurgy, polymer, chemical, and environmental testing, … Read the full press release
(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release
(IN BRIEF) Ericsson and Proptivity have successfully launched the world’s first neutral host-led shared indoor 5G network using the Radio Dot System. The deployment took place in a central Stockholm property housing a shopping mall and offices. This innovative solution … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Internet & Online, Sweden, Technology, Telecom
Tagged 5G, 5G connectivity, 5G radio access network, Ayad Al Saffar, Christopher Johansson, DAS, David Hammarwall, distributed antenna systems, Ericsson, Haval van Drumpt, Mikael Lundman, Proptivity, Radio Dot System
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