(IN BRIEF) CapMan has finalized its acquisition of Dasos Capital Oy, a sustainable timberland investment company, through a share exchange. The Board of Directors of CapMan has authorized a directed issue of new CapMan shares to fulfill the payment obligations … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged acquisition, CapMan, Dasos Capital Oy, Olli Haltia, partnership, Pia Kåll, sustainability
(IN BRIEF) BBVA is set to commence a new share buyback program on Monday, March 4th, amounting to €781 million, following approval from the European Central Bank. This buyback, constituting part of the regular distributions for 2023, is a component … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain
Tagged BBVA, Financial, investment, Share Buyback Program
(IN BRIEF) Garanti BBVA, in collaboration with ‘The Ekonomist’ and the Women Entrepreneurs Association of Türkiye (KAGIDER), recently hosted Türkiye’s 17th Women Entrepreneur Awards on February 27, 2024. Nagihan Yılmaz was honored as the “Woman Entrepreneur of the Year” for … Read the full press release
Posted in Awards, Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Media, News, Spain, Technology, Turkey
Tagged 'The Ekonomist', Awards, Esra Bezircioğlu, Garanti BBVA, Nagihan Yılmaz, partnership, Recep Baştuğ, Şevin Ballıktaş, Talip Yılmaz, Türkiye’s 17th Women Entrepreneur Awards, women entrepreneurs, Women Entrepreneurs Association of Türkiye (KAGIDER)
(IN BRIEF) Generali has finalized the sale of TUA Assicurazioni S.p.A. to Allianz, in line with the company’s strategic objectives outlined in its “Lifetime Partner 24: Driving Growth” strategy in Italy. This move aims to drive profitable growth, streamline operations … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged acquisition, Allianz, Financial, Generali, investment, partnership, Tua Assicurazioni
(IN BRIEF) Allianz S.p.A. has finalized the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for 280 million euros, as previously announced on October 12, 2023. With regulatory approvals secured, Allianz anticipates a 1-percentage-point increase in its P/C market … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged acquisition, Allianz, Assicurazioni Generali, Financial, investment, Italy, partnership, Tua Assicurazioni
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, United Kingdom
Tagged Andrius Stonkus, EBRD, Eiffel Investment Group, Elisabetta Falcetti, partnership, Poland, solar energy, sustainability
(IN BRIEF) Monesave, a social fintech innovator, introduces its latest feature: Anonymous Budget Benchmarking, enabling users to craft personalized budgets and compare progress with peers anonymously. Recognizing the solitary nature of traditional budgeting, Monesave’s Budgeting App offers a supportive environment … Read the full press release
Posted in Banks, Business, Economy, Education, Financial, Ireland, Society, Technology
Tagged accountability, Anonymous budget comparisons, Anonymous Budgeting, Budget benchmarking, Budgeting, Budgeting and savings community, Budgeting app, collaboration, Collective action, Community Savings, Community touch, Crypto trading, diversification, empathy, financial management, financial struggles, fintech, Fintech App, Group savings, INNOVATION, Investment clubs, Monesave, Patrick Enin, Personal Finance, Saving as a group, Social Communities, social media, Social Savings, Socialised budgeting, start up, Supportive environment, transparency, Virtual support network, Wealth accumulation
(IN BRIEF) Fugro, a global leader in geo-data solutions, announces a strong performance in 2023 with notable revenue growth of 27.5% to EUR 2.2 billion, propelled by heightened client demand in energy markets. The company demonstrates significant improvement across all … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Financial, Fugro, investment, Mark Heine
(IN BRIEF) KPN unveils its Integrated Annual Report 2023 titled “Connected Growth,” highlighting a year of significant achievements and strategic advancements. The report emphasizes KPN’s commitment to expanding digital connectivity across the Netherlands, with notable growth in all segments and … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Telecom
Tagged Financial, investment, KPN, sustainability
(IN BRIEF) Beiersdorf AG, a global leader in skincare, has reported exceptional financial results for fiscal year 2023, with group sales reaching a record high of €9.5 billion, marking a significant organic increase of 10.8%. The Consumer Business Segment experienced … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Beiersdorf AG, Consumer Segment, Financial, investment, Vincent Warnery
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded its share repurchase program, acquiring a total of 71,000 of its own shares across trading venues CEUX and XHEL. The company initiated the buyback program on November 29, 2023, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) International technology conglomerate ANDRITZ has announced unprecedented financial achievements for the fiscal year 2023, marking a second consecutive year of record highs. The company reported a remarkable surge in revenue, net income, and EBITA, reaching 8.7 billion EUR, … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Financial, investment, Joachim Schönbeck
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Allianz Bank Bulgaria (ABB), Bulgarian Economy, Dobromir Dobrev, EIB, Georgi Zamanov, Julian Popov, Kyriacos Kakouris, partnership, Rumen Radev, SMEs, sustainability, United Bulgarian Bank (UBB)
(IN BRIEF) Schroders celebrates its recognition as the leading financial institution in Global Canopy’s Forest 500 annual assessment, reaffirming its commitment to addressing deforestation in investment operations and supply chains. The report, evaluating companies and financial institutions across key commodities, … Read the full press release
Posted in Awards, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Awards, deforestation, Financial, investment, Sarah Woodfield, Schroders, sustainability
(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release
Posted in Awards, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Awards, Financial, Hugo Machin, investment, London, San Francisco, Schroders, Second Place
(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release
Posted in Business, Commodities, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged 2023 Annual Report, Ahold Delhaize, Commitment, Financial, Frans Muller, investment, resilience, sustainability
(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 60,404 of its own shares across various trading venues, amounting to EUR 249,067.53. This move follows the announcement of a share buyback program of up to 11 … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Omar Faruqui, Barclays’ Co-Head of M&A for Europe, Middle East, and Africa, has been appointed as the Director General of the UK Takeover Panel, commencing a two-year secondment from Barclays starting May 1, 2024. The UK Takeover Panel, … Read the full press release
(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release
Posted in Economy, Financial, Insurance, Switzerland
Tagged Australia, Austria, CHINA, climate change, economic losses, floods, GDP, INDIA, Intergovernmental Panel on Climate Change, IPCC, Japan, Jérôme Jean Haegeli, PHILIPPINES, property damage losses, severe thunderstorms, Swiss Re, Swiss Re Institute, Switzerland, Taiwan, THAILAND, tropical cyclones, US, US economy, weather perils, weather-related natural catastrophes, winter storms
(IN BRIEF) In a significant move towards enhancing customer service, Orange and BNP Paribas have finalized agreements following exclusive negotiations initiated in June 2023. The partnership entails various arrangements aimed at providing banking continuity and innovative solutions for Orange Bank … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, News, Spain, Technology, Telecom
Tagged BANKING, BNP Paribas, Christel Heydemann, France, Orange, partnership, Spain, sustainability, Thierry Laborde
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