Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Astor Asset Management 3 Ltd: Salinas Pliego Incumple Préstamo de $110 Millones USD y Viola Regulaciones Mexicanas

ASTOR ASSET MANAGEMENT 3 LTD INFORMA QUE RICARDO BENJAMIN SALINAS PLIEGO INCUMPLE EL PRÉSTAMO DE 110 MILLONES DE DÓLARES Y VIOLA NUEVAMENTE LAS REGULACIONES MEXICANAS DE VALORES (NOTICIA EN BREVE) Astor Asset Management 3 Ltd, una destacada institución financiera, ha … Read the full press release

Stora Enso Takes Swift Action Following Environmental Violation in Finland

(IN BRIEF) Stora Enso has initiated immediate actions following an environmental violation at one of its harvesting sites in Kainuu, Finland. The company has suspended all harvesting in sensitive areas until operational guidelines and risks are reassessed. Additionally, Stora Enso … Read the full press release

ETH Zurich and Hong Kong Researchers Achieve World’s First Remote-Controlled Magnetic Endoscopy

(IN BRIEF) Researchers from ETH Zurich and The Chinese University of Hong Kong have successfully performed the first remote-controlled magnetic endoscopy on a live pig, with the procedure being operated from Zurich while the animal was in Hong Kong. This … Read the full press release

SSIF Expands Fleet with Additional Stadler Narrow-Gauge Trains, Supported by EU Funding

(IN BRIEF) The Italian railway operator SSIF has ordered additional narrow-gauge trains from Stadler, bringing the total to four as part of a framework agreement supported by €35.7 million in European funding. These new trains will operate on the Domodossola-Locarno … Read the full press release

Henkel Unveils Sustainable Adhesives for Recycling at LabelExpo 2024

(IN BRIEF) Henkel Adhesive Technologies will showcase its sustainable pressure-sensitive adhesives at LabelExpo 2024 in Chicago. These adhesives, certified by the Tag and Label Manufacturers Institute (TLMI) as compatible with post-consumer recycling processes, highlight Henkel’s commitment to advancing sustainability in … Read the full press release

Metso Begins Talks on Temporary Layoffs Amid Low Demand in Aggregates Business

(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

BBVA Champions LGTBIQ+ Inclusion Through Role Models and Global Initiatives

(IN BRIEF) BBVA is reinforcing its commitment to LGTBIQ+ inclusion by promoting the importance of role models and implementing various initiatives across its global operations. The bank has encouraged the use of preferred pronouns, introduced anti-harassment protocols, and earned recognition … Read the full press release

Apprentices at Empa Create Award-Winning Musical Tesla Coil

(IN BRIEF) Two apprentice physics laboratory technicians at Empa, Silvio Müller and Yanis Strüby, created a Tesla coil that not only generates lightning but also plays music. Their innovative project won both the jury and participant awards at the «Züri-Oberland» … Read the full press release

Norges Bank Advances Discussions with ECB to Integrate Norwegian Instant Payments into TIPS Platform

(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

Adyen Appoints Tom Adams as New Chief Technology Officer to Drive Innovation and Growth

(IN BRIEF) Adyen has appointed Tom Adams as its new Chief Technology Officer (CTO), succeeding Alexander Matthey. Adams, formerly Head of Engineering at Cash App, will oversee the strategic and technological vision of Adyen’s unified platform. His appointment has been … Read the full press release

TOBEA and Siemens Revolutionize Beach Accessibility with SEATRAC System for People with Disabilities

(IN BRIEF) TOBEA and Siemens have partnered to create the SEATRAC system, an innovative solution that allows people with disabilities to independently access and enjoy the beach. The system, now installed on over 250 beaches worldwide, uses Siemens’ advanced technology … Read the full press release

Eni Gains Approval for Major Gas Projects in Indonesia, Establishing Northern Hub in Kutei Basin

(IN BRIEF) Eni has received approval from Indonesian authorities for the development of the Geng North, Gehem, and Gendalo&Gandang gas fields, which will lead to the creation of a new production hub, the Northern Hub, in the Kutei Basin, East … Read the full press release

Telefónica Strengthens Commitment to Brazil, Plans Continued Expansion in Key Market

(IN BRIEF) Telefónica’s Chairman, José María Álvarez-Pallete, met with Brazilian President Luiz Inácio Lula da Silva to reaffirm the company’s strong commitment to Brazil, one of its key markets. Telefónica, which leads the Brazilian telecommunications market through its Vivo brand … Read the full press release

Vodafone and 1&1 Partner to Expand 5G Access Across Germany with National Roaming Agreement

(IN BRIEF) Vodafone and 1&1 have entered into a long-term national roaming partnership in Germany, enabling 1&1 customers to access Vodafone’s 5G network in areas where 1&1’s own infrastructure is not yet available. This partnership ensures seamless 5G coverage for … Read the full press release

Energiekontor Secures New Wind Park Approvals, Expands Renewable Energy Portfolio in Europe

(IN BRIEF) Energiekontor AG has received building permits for three new wind parks in Lower Saxony, Germany, adding 116 megawatts to their renewable energy capacity. These projects, along with other wind and solar initiatives currently under development, are part of … Read the full press release

Volvo Group Expands North American Presence with $700M Manufacturing Plant in Monterrey

(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release

Astor Asset Management 3 Ltd: Salinas Pliego Verstößt gegen Darlehensvertrag über 110 Mio. USD und Mexikanische Wertpapiergesetze

ASTOR ASSET MANAGEMENT BERICHTET ÜBER ZAHLUNGSAUSFALL VON RICARDO BENJAMIN SALINAS PLIEGO BEI EINEM DARLEHEN IN HÖHE VON 110 MIO. USD UND ERNEUTE VERLETZUNG DER MEXIKANISCHEN WERTPAPIERGESETZE (IN KÜRZE) Astor Asset Management 3 Ltd. berichtet, dass Ricardo Benjamin Salinas Pliego, ein … Read the full press release

Empa’s ‘Beyond Zero’ Initiative Paves the Way for CO2-Negative Buildings in the Construction Industry

(IN BRIEF) Empa has launched the “Mining the Atmosphere” initiative, aiming to transform buildings from CO2 emitters into carbon sinks. Through the NEST unit “Beyond Zero,” the project develops and tests innovative materials, such as carbon-based aggregates in concrete, that … Read the full press release

BBVA Sets the Benchmark for Innovation in Corporate Banking, Wins Top Honors from Global Finance

(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

Hiab Unveils Groundbreaking Sustainable Load Handling Solutions at Elmia Lastbil Exhibition

(IN BRIEF) Hiab, a subsidiary of Cargotec, unveiled its latest sustainable load handling solutions at the Elmia Lastbil exhibition, the Nordic region’s largest transport event. Key highlights included the world premiere of the MULTILIFT eUltima, a hooklift designed for electric … Read the full press release