(IN BRIEF) Swiss Re has announced its proposals for its upcoming Annual General Meeting (AGM) on April 12, 2024, including the re-election of Jacques de Vaucleroy as a Board member and his election as Chairman, along with the nomination of … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged AGM, appointment, Chairman, Financial, Geraldine Matchett, investment, Jacques de Vaucleroy, leadership, sustainability, Swiss Re
(IN BRIEF) Nagarro, a global digital engineering leader, announced its preliminary unaudited financial numbers for the full year ending December 31, 2023. Despite achieving a revenue growth of 6.5% year-on-year, reaching €912.0 million, the company faced challenges in gross profit … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Manas Human, Nagarro
(IN BRIEF) Škoda Auto is set to reveal its 2023 financial results and outline its strategic plans via livestream on Friday, March 15 at 10:00 CET. The event, broadcasted from Mladá Boleslav, will offer a sneak peek into Škoda’s upcoming … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged 2023 Financial Results, BEV Design Concept, investment, ŠKODA AUTO
(IN BRIEF) Despite facing challenging conditions in 2023, Volkswagen Group achieved robust financial results, showcasing its resilience and adaptability. With a strong focus on electrification and a flexible product strategy, the Group successfully met customers’ needs globally. The year also … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arno Antlitz, Financial, investment, Oliver Blume, sustainability, Volkswagen Group
(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release
Posted in Business, Economy, Germany, Industrial, Transportation & Logistics
Tagged Business Growth, CHINA, Deglobalization, DHL, economic resilience, Economic Trends, Europe, geopolitical tensions, globalization, Ih-Ming Chan, International Relations, John Pearson, New York University's Stern School of Business, pandemic, Regionalization, RUSSIA, Singapore, Steven Altman, trade, United States
(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, EU bank, H.E. Axelle Nicaise, investment, Javkhlan Bold, Mongolia, Myagmarjav Ganbaatar, partnership, sustainability, sustainable development, Teresa Czerwinska, Ukhnaagin Khurelsukh
(IN BRIEF) The European Investment Fund (EIF) has committed €400 million to bolster France Active’s endeavors in financing socially responsible French enterprises. This collaboration involves a €45 million guarantee from EIF and a €355 million counter-guarantee for bank loans facilitated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Ananth Purushothaman, EIF, France Active, Françoise Candier, partnership, Pierre-René Lemas, SMEs, social enterprises, sustainability, Vanessa Krycève
(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Society, United Kingdom
Tagged 13 Ventures, Barclays, Climate, Daniel Epstein, Deborah Goldfarb, Max Gulde, partnership, Social Challenges, sustainability, Unreasonable Group, Unreasonable Impact UK & Europe Programme
(IN BRIEF) Ørsted A/S has finalized its invitation to holders of its EUR 500,000,000 2.25% green hybrid capital securities due in 3017 to tender their securities for purchase by Ørsted for cash. With EUR 249,544,000 in aggregate principal amount of … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, Hybrid Capital Securities, investment, sustainability, tender offer, Ørsted
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, INNOVATION, Janne Pynnönen, Nordic Investment Bank, partnership, sustainability, Sweden, Valmet Oyj
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, EBRD, empower women, EU, GEORGIA, leadership, partnership, ProCredit Bank, SMEs, sustainability
(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the fourth quarter of 2023, which were initially announced on February 1, 2024. Shareholders had the option to receive dividends in US dollars, euros, or pounds sterling, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Dividend Payments, Financial, investment, Shell
(IN BRIEF) Aviva has released findings shedding light on women’s investment behaviors, revealing that while most women engage in regular saving and investing, many still face barriers to investment. The study indicates that women tend to prioritize easy access to … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Security & Safety, United Kingdom
Tagged 'NextDefense', Aviva, Financial, Investment Habits, Joanne Philips, partnership, TISA, WOMEN
(IN BRIEF) Societe Generale has named Christophe Tummers as Group Chief Data Officer, effective April 1st, 2024, reflecting the bank’s commitment to leveraging data in its transformation and strategic objectives. Reporting to Laura Mather, Group Chief Operating Officer, Tummers brings … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News, Technology
Tagged appointment, Christophe Tummers, Group Chief Data Officer, Laura Mather, leadership, SOCIÉTÉ GÉNÉRALE
(IN BRIEF) The latest NatWest Regional PMI® survey reveals that business activity expanded across most UK regions in February, accompanied by an uptick in business confidence fueled by rising demand. While regions such as London saw robust growth, others like … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Business Activity, Financial, investment, NatWest, Regional PMI® Survey, Sebastian Burnside, UK
(IN BRIEF) BP p.l.c. (“BP”) disclosed the early tender outcomes for its cash tender offer conducted by its wholly-owned subsidiary BP Capital Markets p.l.c. to purchase for cash any validly tendered and accepted Notes, up to an aggregate principal amount … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged BP, cash tender offer, Financial, investment
(IN BRIEF) The European Investment Bank (EIB) and Banca Ifis have inked a significant agreement, marking the EIB’s maiden loan operation with an Italian bank exclusively aimed at driving innovative transitions for small and medium-sized enterprises (SMEs). The deal, valued … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged Banca Ifis, EIB, Ernesto Fürstenberg Fassio, Gelsomina Vigliotti, INNOVATION, Italy, partnership, SMEs, sustainability
(IN BRIEF) Shell plc’s Board has disclosed the dividend payments for the fourth quarter of 2023, which was announced earlier at US$0.344 per ordinary share. Shareholders were given the option to receive their dividends in US dollars, euros, or pounds … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, Shell
(IN BRIEF) EQT, a leading private equity firm, appoints the Right Honorable Sir Alok Sharma KCMG as Senior Advisor on geopolitical topics and economic trends, leveraging his extensive experience in sustainability. Sir Alok, former President of the 2021 United Nations … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged appointment, Bettina Siempelkamp, economic, EQT, geopolitical, leadership, Senior Advisor, Sir Alok Sharma, sustainability
(IN BRIEF) Husqvarna Group, a leading manufacturer of outdoor power products, announces the successful placement of a SEK-denominated green bond worth 1,750 million over a 3-year term. The bond issuance, conducted under the company’s Medium Term Note Program, signifies Husqvarna … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Green Initiatives, Husqvarna Group, investment, sustainability, Terry Burke
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