(IN BRIEF) Achmea has announced a restructuring of its subsidiary, Syntrus Achmea Real Estate & Finance B.V., to support its growth in the mortgage and real estate sectors. Effective October 1, 2024, the mortgage and real estate activities will be … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News, Real Estate
Tagged Achmea, Financial, investment, mortgages, real estate, Syntrus Achmea
(IN BRIEF) In Switzerland, as the number of bank branches, post offices, and ATMs has significantly decreased in recent years. The collaboration aims to develop new, efficient, and sustainable approaches to ensure long-term access to cash for Swiss citizens. A … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ATM Pooling, cash, Diebold Nixdorf, innovative, partnership, SIX, sustainablity, Switzerland, USA
(IN BRIEF) SGS has been approved by SIX Swiss Exchange as one of only two sustainability experts to act as official reviewers for the new ‘1.5°C Climate Equity’ flag. This flag allows Swiss-listed companies to demonstrate their commitment to limiting … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, News, Switzerland
Tagged Climate Equity Flag, Efforts, Géraldine Picaud, partnership, SGS, SIX Swiss Exchange, sustainability
(IN BRIEF) Harvest, a leading FinTech company in France, is entering a new growth phase after partnering with global private equity firms TA Associates and Montagu Private Equity. This new partnership comes after five years of successful growth under the … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Investment, Management, Marketing, News, Technology
Tagged Antoine de Peguilhan, fintech, Harvest, Maxime Cancre, Montagu, partnership, TA Associates, Virginie Fauvel
(IN BRIEF) BBVA actively participated in the KDD (Knowledge Discovery and Data Mining) conference, held in Barcelona from August 25 to 29, 2024. The bank sponsored the event’s Finance Day, which focused on the applications of AI and machine learning … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, Media, News, Spain, Technology
Tagged AI innovation, Awards, Barcelona, BBVA, Financial Tech, Jon Ander Beracoechea, KDD (Knowledge Discovery and Data Mining) Conference, keadership
(IN BRIEF) Euronext and Nord Pool have announced the launch of a new Nordic and Baltic power derivatives market, named Euronext Nord Pool Power Futures. The market will be hosted on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Iceland, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, Netherlands, News, Norway, Portugal
Tagged Baltic Camille Beudin, Euronext, Nord Pool, Nordic, partnership, Power Market, sustainability, Tom Darell
(IN BRIEF) Ahold Delhaize has repurchased 250,000 common shares for €7.5 million as part of its ongoing €1 billion share buyback program. This brings the total repurchased shares to 25.7 million, with a cumulative spend of €720.5 million. The buyback … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Chubb has appointed Amelie Fava-Verde as Senior Vice President of North America Chubb Resilience Services, a new role focused on enhancing the company’s risk engineering and resilience capabilities. With over 20 years of experience in environmental risk and … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Amelie Fava-Verde, appointment, Chubb, insurance, leadership, Paul O’Neill
(IN BRIEF) Metso has initiated union negotiations regarding potential temporary layoffs of up to 90 days in its Aggregates business area in Finland. This decision comes in response to low demand, high inventory levels, and a decrease in orders at … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Aggregates Business, economy, Financial, Metso, Temporary Layoffs
(IN BRIEF) Norges Bank is continuing formal discussions with the European Central Bank (ECB) to integrate Norwegian instant payments into the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service. After evaluating various factors, Norges Bank concluded that participating in TIPS would … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Finland, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged EIB, electric vehicles, EU, Finland, Keliber Project, Lithium Supply, partnership, sustainability
(IN BRIEF) BBVA has been recognized by Global Finance magazine as a leader in corporate banking, winning awards for Most Innovative Bank in Spain, Best Mobile Banking App, and Best Open Banking Strategy. The bank was praised for its innovative … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology
Tagged Awards, BBVA, corporate banking, finance, INNOVATION, leadership
(IN BRIEF) ESET Research has uncovered a new Android malware called “NGate” that targets NFC (Near Field Communication) data to facilitate unauthorized ATM withdrawals. The malware deceives users into installing it through phishing attacks impersonating Czech banks. Once installed, NGate … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Security & Safety, Slovakia, Technology
Tagged Android Malware, ATM Theft, Cybersecurity, Czech banks, ESET, Lukáš Štefanko, NFC (Near Field Communication) Data, NGate, Phishing
(IN BRIEF) Aegon has appointed Shawn C.D. Johnson as the new CEO of Aegon Asset Management (Aegon AM), effective September 23, 2024. Johnson, who has extensive experience in asset management, including his recent role as CEO of AMP Capital, will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, Bas NieuweWeme, CEO of Asset Management Division, Lard Friese, leadership, Shawn C.D. Johnson
(IN BRIEF) Intesa Sanpaolo, along with a consortium of international banks, has committed NZ$267 million (approximately €150 million) in green financing to support the construction of the Kōwhai Solar Park in Christchurch, New Zealand. This solar park, a joint venture … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Contact Energy, energy transition, Intesa Sanpaolo, Kōwhai Solar Park, Lightsource BP, New Zealand, Nicola Doninelli, partnership, sustainability
(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology
Tagged automation, E-Commerce, Giheung store, IKEA, Ingka Group, INNOVATION, investment, Marcus Baumgartner, partnership, South Korea, sustainability
(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Management, News, Retail, United Kingdom
Tagged August Bank Holiday, Colin Grieves, Experian, Hospitality, Ireland, partnership, retail, sustainability, UK
(IN BRIEF) The latest Swiss Payment Monitor report reveals that mobile payments have become the most popular payment method in Switzerland, surpassing debit cards and cash for the first time. Mobile devices now account for 26.8% of all transactions, driven … Read the full press release
Posted in Banks, Bulgaria, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Switzerland, Technology
Tagged cash, debit cards, Financial, mobile payments, Payment Method, Switzerland, University of St. Gallen, ZHAW
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Romania, United Kingdom
Tagged CEECAT Capital, EBRD, expansion, investment, Iulian Nica, La Cocos, Morphosis Capital, partnership, retail, Romania, sustainability
(IN BRIEF) The Humber ports, including Grimsby, Immingham, and Hull, have solidified their position as the UK’s leading hub for seafood imports, handling 41.6% of the nation’s fish imports and showing a 10.5% growth year-on-year. Grimsby remains central to the … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged ABP, Grimsby, Hull, Humber ports, Immingham, leadership, partnership, Seafood Imports, Simon Bird, Simon Dwyer, sustainability, UK
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