(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and … Read the full press release
(IN BRIEF) According to data from the Barclays Business Barometer, UK retailers are embracing an early start to the Christmas season, with 49% of them opting to display festive goods earlier this year to help customers spread the cost of … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Retail, United Kingdom
Tagged Barclays, Christmas season, Early Christmas Displays, Festive Sales, Karen Johnson, UK Retailers
(IN BRIEF) The European Investment Fund (EIF) and LocalTapiola Corporate Lending I GP Ltd, a Finnish alternative lender, have signed two portfolio guarantee agreements, enabling the provision of €32 million in new loans to small businesses and mid-caps in Finland. … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIF, Finland, LocalTapiola, Marjut Falkstedt, Matti Kiviniemi, partnership, small businesses, SMEs, sustainability
(IN BRIEF) The European Investment Fund (EIF) has entered into an agreement with Laboral Kutxa to provide a portfolio guarantee aimed at mobilizing €145 million in support of micro-businesses, social enterprises, and social entrepreneurs in Spain. This collaboration, made possible … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged EIF, Laboral Kutxa, Marjut Falkstedt, Micro-Businesses, Óscar Muguerza, partnership, SMEs, social enterprises, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Malta Development Bank (MDB) have formed a partnership aimed at accelerating the green transformation of small and medium-sized companies (SMEs) and public sector entities in Malta. Under this collaboration, the EIB is … Read the full press release
(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged energy transition, Financial, Helle Kristoffersen, investment, sustainability, TotalEnergies
(IN BRIEF) RWE, a leading energy company, has reported significant investments of €10.3 billion in its “Growing Green” program during the first nine months of fiscal 2023, marking a substantial increase from the previous year’s €3.1 billion investment. The acquisition … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Financial, Green Initiatives, investment, Michael Müller, partnership, RWE, sustainability
(IN BRIEF) A survey conducted by the World Economic Forum, involving over 11,000 business leaders from 110 countries, has revealed that economic and societal threats, such as economic downturns, inflation, and declining social cohesion, are the most significant risks in … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Society, Switzerland, Technology
Tagged Carolina Klint, Economic Threats, economy, environmental risks, Financial, investment, Marsh McLennan, Peter Giger, Societal Threats, Technological Risks, World Economic Forum Survey, Zurich Insurance Group
(IN BRIEF) ING has announced that it repurchased 20,917,201 shares during the week of November 6, 2023, through November 10, 2023, as part of its €2.5 billion share buyback program unveiled on November 2, 2023. The shares were acquired at … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares
(IN BRIEF) The offshore wind sector is experiencing significant turbulence, potentially reshaping the landscape of large-scale energy projects and their financing in the future, according to the latest EY Renewable Energy Country Attractiveness Index (RECAI). Over the past year, offshore … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating up to €6 million to Banka për Biznes in Kosovo for onward lending to micro, small, and medium-sized enterprises (MSMEs). This initiative aims to enhance entrepreneurship, market competitiveness, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banka për Biznes, EBRD, economy, Kosovo, Mimoza Godanci, MSMEs, partnership, Sergiy Maslichenko, sustainability
(IN BRIEF) The transition to a net-zero economy presents significant challenges for various industries, especially “hard-to-abate” sectors such as cement, steel, chemicals, mining, shipping, and aviation. These sectors contribute to about 30% of global emissions, making their transition crucial. The … Read the full press release
(IN BRIEF) Women globally perform at least 2.5 times more unpaid work than men, with working mothers often balancing multiple roles, including employment, household chores, and childcare. In Central Asia, traditional constraints add to the challenges faced by women. Saikal, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Businesswoman, EBRD, hotel industry, Kyrgyz, partnership, SMEs, sustainability, women empowerment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Austria, EBRD, European Union (EU), Green Energy, investments, Martin Leberle, Montenegro, NLB Banka a.d. Podgorica, partnership, Remon Zakaria, sustainability, Yngve Engstroem
At the House of Lords, the Palace of Westminster, World Technology Congress (WTC) featured “the new mobility landscape” as a theme for the Fall Session which addressed major challenges and opportunities of the mobility industry. (IN BRIEF) The World Transportation … Read the full press release
Posted in Automotive, Business, Economy, Education, Electronics & Machinery, Energy, Gas & Oil, Industrial, Technology, Transportation & Logistics, United Kingdom
Tagged advancements of autonomous, AI, Bernd Mattner, Bilderberg, Conference, Dominika Haberova, electrification, Freeman De Bouvet Capital, Hyundai CRADLE, INNOVATION, John-Rawicz Szczerbo, Laureti group, Marcus Paleti, mobility, Mr. Benedikt Gruetz, Pall Mall Investments, Roger Allen, St. Jude’s Steve McGuire, sustainable transportation, the House of Lords, the new mobility landscape, the Palace of Westminster, US Capital, Wilton Group, World Technology Congress, WTC, WTC Banquet, WTC conference
(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged EnBW, energy transition, Financial, investment, Thomas Kusterer
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
(IN BRIEF) Zanat, a renowned Bosnian furniture company known for its hand-carving techniques and UNESCO recognition, faced challenges with growing international demand, including delivery delays and product quality issues. To address these challenges and optimize their operations, the company sought … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Small Business, Technology, United Kingdom
Tagged Adem Niksic, Advice for Small Businesses (ASB), Bosnia, digital transformation, EBRD, Furniture Maker, Herzegovina, Orhan Niksic, partnership, SMEs, sustainability, Zanat, Zihnija Hasovic
(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release
(IN BRIEF) EnBW Energie Baden-Württemberg AG has successfully concluded the sale of a minority stake in its subsidiary, TransnetBW, to the federal government and KfW. The federal government has acquired a 24.95% minority stake, while KfW exercised its option to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged acquistion, Dirk Güsewell, Dr. Werner Götz, EnBW, Federal Government, KfW, Minority Stake, partnership, sustainability, Thomas Kusterer, TransnetBW
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