Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

TÜV Rheinland Unveils New Certification Services at Annual Launch Event, Paving the Way for Product Advancements

(IN BRIEF) TÜV Rheinland Greater China recently held its annual new service launch event in Shenzhen, unveiling a comprehensive suite of certification services for electronic and electrical products. These services focus on diverse environments and emphasize key areas such as … Read the full press release

GSK Reports Promising Phase III Findings for Depemokimab in Treating Chronic Rhinosinusitis with Nasal Polyps

(IN BRIEF) GSK plc has announced positive results from its Phase III ANCHOR trials for depemokimab, a biologic treatment for chronic rhinosinusitis with nasal polyps (CRSwNP). The trials demonstrated a significant reduction in nasal polyp size and nasal obstruction after … Read the full press release

ZF Opens Pioneering 800V Test and Validation Laboratory in the UK to Propel Next-Generation Mobility

(IN BRIEF) ZF has inaugurated the UK’s first dedicated 800V Test and Validation Laboratory at its R&D hub in Solihull, aiming to enhance the development of next-generation electric vehicles (EVs). Partially funded by the Advanced Propulsion Centre (APC), this advanced … Read the full press release

Roche’s Evrysdi Shows Remarkable Motor and Cognitive Outcomes in Children with SMA After Two Years of Early Treatment

(IN BRIEF) Roche has announced positive two-year data from its RAINBOWFISH study, showcasing the effectiveness of Evrysdi® (risdiplam) in treating children with spinal muscular atrophy (SMA) when administered before symptoms appear. The study revealed that most children achieved key motor … Read the full press release

Audi Expands Electric Lineup with New Q6 Sportback e-tron, Offering Up to 656km Range and Cutting-Edge Features

(IN BRIEF) Audi has unveiled the new Q6 Sportback e-tron, expanding its electric vehicle portfolio. The new Sportback boasts a sleek and dynamic design inspired by the Audi TT Coupé, offering an extended range of up to 656 kilometers due … Read the full press release

Enhertu by AstraZeneca and Daiichi Sankyo Approved in China as First HER2-Directed Therapy for Metastatic Lung Cancer

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu (trastuzumab deruxtecan) has received conditional approval in China for the treatment of patients with unresectable, locally advanced, or metastatic non-small cell lung cancer (NSCLC) with HER2 (ERBB2) mutations who have previously undergone systemic … Read the full press release

SGS Expands Industry-Leading PFAS Testing Services to Boost Public Health and Environmental Safety

(IN BRIEF) SGS, a leader in Testing, Inspection, and Certification, has launched the industry’s most comprehensive suite of PFAS (per- and polyfluoroalkyl substances) testing services, addressing a wide range of industries such as consumer goods, electronics, food, and the environment. … Read the full press release

Henkel Expands Use of Mass Balance Model with ISCC PLUS Certification at Düsseldorf Polyurethane Site

(IN BRIEF) Henkel Adhesive Technologies has achieved ISCC PLUS certification for its polyurethane production at the Düsseldorf site, marking the third European Henkel facility to receive this sustainability certification. This certification confirms the use of bio-based and recycled raw materials … Read the full press release

Ørsted Commissions 600 MW Solar and Battery Storage Facility in Arizona, Powering 65,000 Homes

(IN BRIEF) Ørsted has completed the Eleven Mile Solar Center in Arizona, featuring a 300 MW solar farm paired with a 300 MW/1200 MWh battery storage system. This facility will provide clean energy for 65,000 homes, support Meta’s planned data … Read the full press release

Continental WinterContact TS 870 P Wins Double ‘Exemplary’ Rating in AUTO BILD Winter Tire Tests

(IN BRIEF) Continental’s WinterContact TS 870 P tire has earned the highest rating of “exemplary” in two separate winter tire tests conducted by AUTO BILD Allrad and AUTO BILD sportscars. The tire was praised for its excellent performance on snow-covered, … Read the full press release

ArcelorMittal to Acquire Nippon Steel’s Stake in AM/NS Calvert Following US Steel Deal

(IN BRIEF) ArcelorMittal has entered into an agreement to purchase Nippon Steel Corporation’s 50% stake in the AM/NS Calvert Joint Venture, contingent upon NSC’s successful acquisition of US Steel. As part of the deal, NSC will inject approximately $0.9 billion … Read the full press release

Aviva Expands Supported Internship Programme for Young Adults with Autism, Offering Work Opportunities in Norwich

(IN BRIEF) Aviva has opened applications for the second year of its Supported Internship Programme, offering young adults with autism valuable work experience at its Norwich offices. The programme, a collaboration between Aviva, DFN Project SEARCH, The Wherry School, Norfolk … Read the full press release

New Research Links Mitochondrial Dysfunction to Crohn’s Disease, Offering Hope for Targeted Treatments

(IN BRIEF) Researchers at the Technical University of Munich have found that mitochondrial dysfunction in the intestines can trigger Crohn’s disease symptoms by disrupting the gut microbiome. This groundbreaking discovery establishes a direct link between defective mitochondria and both tissue … Read the full press release

Warwick Students Raise Over £5,000 for Charity Through Sustainable Kitchen Kit Market

(IN BRIEF) The University of Warwick raised £5,900 for Coventry-based charity Carriers of Hope through its Kitchen Kit Market, where over 1,000 students purchased pre-loved kitchen items on a “pay as you feel” basis. This initiative, part of the university’s … Read the full press release

Russell Group Forms Expert Panel to Strengthen University Contributions to the UK Industrial Strategy

(IN BRIEF) The Russell Group has formed an expert advisory panel to develop strategies for maximizing the role of UK universities in delivering the government’s Industrial Strategy. Chaired by the University of Warwick’s Vice-Chancellor, Stuart Croft, the panel includes prominent … Read the full press release

SETsquared and QantX Launch £300 Million Investment Fund to Boost Science and Technology Spin-Outs in the South and South West

(IN BRIEF) The SETsquared Partnership universities, including the University of Southampton, and QantX have launched a £300 million investment vehicle to accelerate the growth of science and technology companies. This initiative aims to address funding disparities in the region and … Read the full press release

KGHM Retains ‘Best of the Best’ Title for Excellence in Annual Reporting at National Competition

(IN BRIEF) KGHM Polska Miedź S.A. has retained the prestigious title of ‘The Best of the Best’ at The Best Annual Report competition, achieving the highest score for its consolidated financial statements. This marks the 13th time KGHM has won … Read the full press release

ANDRITZ Introduces Recycled Fiber Technology in Bangladesh with Successful Start-Up at Lipy Paper Mills

(IN BRIEF) ANDRITZ has successfully launched its first recycled fiber lines in Bangladesh at Lipy Paper Mills, marking a major step forward in the country’s paper industry. The two lines can process 150 tons per day of recycled materials and … Read the full press release

Fortum Completes 2024 Loviisa Nuclear Power Plant Maintenance, Enhances Fuel Supply with Westinghouse Partnership

(IN BRIEF) Fortum’s Loviisa nuclear power plant has completed its annual outages for 2024, with both units back online. Unit 2’s outage lasted 23 days, while Unit 1’s extended four-year maintenance took 39 days, with both experiencing minor delays due … Read the full press release

ESET Uncovers Telekopye Scam Network Targeting Booking.com and Airbnb Users through Compromised Hotel Accounts

(IN BRIEF) ESET Research has revealed that the Telekopye scam network has shifted its focus to targeting users of Booking.com and Airbnb through compromised hotel accounts. By sending fake payment issue emails and directing users to fraudulent booking sites that … Read the full press release

ESET Expands Vulnerability and Patch Management to Linux and macOS, Enhancing Security and Usability for Businesses

(IN BRIEF) ESET has enhanced its Vulnerability and Patch Management module to include Linux and macOS systems, expanding coverage and offering improved visibility and control through a new dashboard. The update supports both automated and manual vulnerability scanning, ensuring seamless … Read the full press release

EIB and LUMICKS Partner to Accelerate Cancer Drug Discovery with €20 Million Investment in Advanced Immunotherapy Tools

(IN BRIEF) Amsterdam-based LUMICKS has secured €20 million in venture debt from the European Investment Bank (EIB) to advance its next-generation cell avidity platform, which aims to accelerate the development of immunotherapies for cancer treatment. Supported by the InvestEU initiative, … Read the full press release

EIB and Intesa Sanpaolo Unveil €8 Billion Wind Energy Investment Initiative to Boost European Renewable Energy Sector

(IN BRIEF) The EIB and Intesa Sanpaolo have partnered to drive up to €8 billion in investment for Europe’s wind energy sector, leveraging a €500 million EIB counter-guarantee to enable Intesa Sanpaolo to create €1 billion worth of bank guarantees. … Read the full press release

EIB Global and Enel Colombia Partner to Boost Renewable Energy and Grid Infrastructure with $300 Million Loan

(IN BRIEF) EIB Global, a division of the European Investment Bank, has provided Enel Colombia with a $300 million loan to support the development of renewable energy projects and upgrades to the company’s power distribution infrastructure. This loan, backed by … Read the full press release

Merck Opens €290 Million Biosafety Testing Facility in Rockville to Enhance Drug Safety and Accelerate Testing Timelines

(IN BRIEF) Merck has officially opened a new €290 million biosafety testing facility in Rockville, Maryland, designed to meet the increasing global demand for biosafety testing services. This state-of-the-art facility consolidates various operations, including biosafety testing, analytical development, and cell … Read the full press release

Unilever Sells Russian Subsidiary to Arnest Group, Concluding Operations in the Country

(IN BRIEF) On October 10, 2024, Unilever announced the successful sale of its Russian subsidiary to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and household products. This transaction encompasses Unilever’s entire operations in Russia, including its four production … Read the full press release

Amey Launches Enhanced Early Careers Programme to Foster Future Engineering Leaders

(IN BRIEF) On October 10, 2024, Amey, a leading UK infrastructure services and engineering firm, announced the introduction of its revitalized Early Careers Programme, welcoming 137 new graduates, apprentices, and interns. This year’s cohort will engage in diverse roles across … Read the full press release

Roche Secures CE Certification for Groundbreaking Companion Diagnostic Aiding Gastric Cancer Treatment

(IN BRIEF) Roche has announced the CE certification of its VENTANA CLDN18 (43-14A) RxDx Assay, marking a significant advancement in companion diagnostics for patients with gastric and gastroesophageal junction (GEJ) adenocarcinoma. This diagnostic tool enables clinicians to identify patients who … Read the full press release

INEOS Energy Launches Electric-Driven Compressor for Enhanced Breagh Gas Field Production

(IN BRIEF) INEOS Energy has successfully launched an electric-driven compressor at the Teesside Gas Processing Plant, significantly boosting gas flows from the Breagh Gas Field. This advancement is crucial for ensuring a stable domestic gas supply for UK homes and … Read the full press release

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release

Heathrow Airport Welcomes NFL Teams for London Games Celebration

(IN BRIEF) Heathrow Airport is gearing up to host NFL teams and fans as they arrive in the UK for the much-anticipated 2024 NFL London Games. To mark this occasion, the airport is unveiling its own “gameday stats” and honoring … Read the full press release

ABP and Sarens Collaborate to Propel Floating Offshore Wind Development at Port Talbot

(IN BRIEF) Associated British Ports (ABP) has entered a strategic partnership with Sarens, a leader in heavy lifting and engineering transport, to promote the implementation of Floating Offshore Wind (FLOW) technology in the Celtic Sea. This collaboration aims to utilize … Read the full press release

Integrated Wind Solutions Partners with NIB to Drive Offshore Wind Innovation Toward Net Zero

(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release

NIB Revamps Environmental Bond Framework to Propel Low-Carbon Initiatives

(IN BRIEF) NIB has announced its updated Environmental Bond Framework, along with a new Climate Strategy and Sustainability Policy, all aimed at promoting a low-carbon future. The bank received a “Dark Green” Second Opinion from S&P Global Ratings, affirming its … Read the full press release

NIB Supports FinVector’s New Gene Therapy Facility in Kuopio to Enhance Cancer Treatment Capabilities

(IN BRIEF) FinVector, a leading biopharmaceutical company, has inaugurated a cutting-edge production facility in Kuopio, Finland, aimed at manufacturing gene therapy products. The new Finport facility, which is set to become one of the world’s largest for such therapies, represents … Read the full press release

CapMan Infra Expands Investment in Hamina’s Energy Infrastructure

(IN BRIEF) CapMan Infra has announced a significant investment in Hamina, Finland, through its CapMan Nordic Infrastructure II fund, acquiring full ownership of Haminan Kaukolämpö Oy and Haminan Sähköverkko Oy from Haminan Energia. This acquisition aims to enhance the utilization … Read the full press release

Expert Panel Formed by Russell Group to Guide Universities in Advancing UK Industrial Strategy

(IN BRIEF) The Russell Group has established an expert advisory panel to enhance the role of UK research-intensive universities in supporting the government’s Industrial Strategy. This initiative aims to maximize the contribution of universities to economic growth and public service … Read the full press release

EY Survey Reveals CFOs and Tax Executives Embrace Generative AI as Key to Overcoming Financial Challenges

(IN BRIEF) A recent EY survey indicates that CFOs and tax leaders are increasingly optimistic about generative AI (GenAI), with 87% believing it will enhance efficiency in the tax and finance sectors. Cost pressures have emerged as the top concern … Read the full press release

EY Reveals 2024 Entrepreneurial Winning Women Class, Celebrating 70 Visionary Founders Across EMEIA

(IN BRIEF) EY has announced its 2024 class of the Entrepreneurial Winning Women program, highlighting 70 women founders from various sectors and 23 countries. This initiative aims to empower established women entrepreneurs by providing them with resources and mentorship. The … Read the full press release

Hive and Zapmap Collaborate to Simplify Electric Vehicle Charging with New Customer Incentives

(IN BRIEF) Hive has partnered with Zapmap, the leading UK electric vehicle (EV) public charging service, to enhance charging accessibility for EV drivers. Starting next year, new Hive EV customers will receive £20 in charging credits for use at Zap-Pay … Read the full press release