Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Infineon’s OPTIGA™ Authenticate Solutions Support Circular Economy by Enhancing Electronic Device Authentication and Spare Parts Verification

(IN BRIEF) Infineon Technologies AG’s OPTIGA™ Authenticate product family is contributing to the concept of a circular economy by enabling electronic device authentication and spare parts verification. With over 57.4 million tons of electronic waste generated annually, efficient resource utilization … Read the full press release

GSK’s Arexvy RSV Vaccine Approved in Japan for Adults Aged 60 and Above, a First for the Country

(IN BRIEF) GSK plc has received approval from Japan’s Ministry of Health, Labour and Welfare (MHLW) for its Arexvy (respiratory syncytial virus vaccine, recombinant adjuvanted) to prevent respiratory syncytial virus (RSV) disease in adults aged 60 and above. This marks … Read the full press release

Global Real Estate Valued at $379.7 Trillion in 2022, Surpassing Equities and Debt Securities Combined, Reports Savills

(IN BRIEF) Savills has revealed that the total value of global real estate, including residential, commercial, and agricultural properties, reached $379.7 trillion in 2022, solidifying its status as the world’s most significant store of wealth. This value exceeds the combined … Read the full press release

Hospital Alemán in Buenos Aires Enhances Medical Facilities with Lindner and KARL STORZ Collaboration

(IN BRIEF) Argentina’s Hospital Alemán in Buenos Aires embarks on a comprehensive expansion project known as the “Juncal” extension, aiming to provide top-notch medical services and modern infrastructure. Partnering with Lindner and KARL STORZ, the private hospital has added approximately … Read the full press release

TÜV Rheinland Hong Kong Highlights Sustainability Solutions at ReThink HK 2023

(IN BRIEF) TÜV Rheinland Hong Kong, a prominent testing, inspection, and certification service provider, sponsored and participated in ReThink HK 2023, a premier event for sustainable business development. During the event, the company showcased its green and sustainability solutions across … Read the full press release

Natixis CIB Appoints Abbas Rangwala as Head of M&A for Southeast Asia & India

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has appointed Abbas Rangwala as the Head of M&A for Southeast Asia & India, a newly created role based in Singapore. With over 20 years of experience in corporate finance, strategy, … Read the full press release

Sanofi’s ALTUVIIIO Granted Marketing Authorization in Japan for Hemophilia A Treatment

(IN BRIEF) The Japanese Ministry of Health, Labor, and Welfare (MHLW) has granted marketing authorization for ALTUVIIIO, a novel factor VIII replacement therapy used to control bleeding in patients with hemophilia A. ALTUVIIIO, also known as efanesoctocog alfa, stands out … Read the full press release

SSAB Europe’s Raahe Unit Begins Change Negotiations to Cut Costs Amid Weak Demand

(IN BRIEF) SSAB Europe’s Business Unit Finland is entering into change negotiations in Raahe due to ongoing weak demand. The company aims to structurally reduce fixed costs by at least EUR 10 million annually. These negotiations, involving approximately 2,400 employees, … Read the full press release

Ericsson Partners with IIT Madras for Responsible AI Research in 6G Networks

(IN BRIEF) Ericsson has entered a five-year partnership with the Centre for Responsible AI (CeRAI) at the Indian Institute of Technology Madras (IIT Madras) as a ‘Platinum Consortium Member’ to advance research in Responsible AI. During a symposium on Responsible … Read the full press release

Ericsson Showcases Advanced 5G Innovations to Accelerate Malaysia’s Digitalization

(IN BRIEF) Ericsson has launched its global Imagine Live event in Malaysia, featuring advanced 5G use cases and technology innovations aimed at boosting Malaysia’s digitalization efforts. The event, inaugurated by Malaysia’s Minister of Communications and Digital, showcased Ericsson’s energy-efficient radio … Read the full press release

Business Finland Director General Emphasizes Importance of Collaboration in RDI Chain

(IN BRIEF) Nina Kopola, Director General of Business Finland, has expressed support for the Finnish government’s commitment to increasing investment in research, development, and innovation (RDI). She highlights the importance of maintaining high standards across the entire RDI chain and … Read the full press release

University of Warwick Strengthens Ties with Ukraine Through Educational Leadership Program

(IN BRIEF) The University of Warwick has solidified its connections with Ukraine by signing a Memorandum of Understanding (MoU) with the Ukrainian Leadership Academy and Ukraine’s Ministry of Education and Science. This agreement, signed by Stuart Croft, Vice-Chancellor of the … Read the full press release

The ‘Self-Employment Trap’: Survey Finds Many Would Switch to Salaried Jobs Despite Pay Cuts

(IN BRIEF) A new report published by the Centre for Economic Performance (CEP) and co-authored by the University of Liverpool Management School sheds light on the challenges faced by self-employed workers in the UK. The study reveals that approximately two … Read the full press release

Sandoz Gains Investment-Grade Rating Post Spin-off, Secures Substantial Financing

(IN BRIEF) Novartis has confirmed its plans for a full Spin-off of its Sandoz business, with trading of new Sandoz Group AG shares and ADRs scheduled to begin on October 4, 2023. This comes after receiving shareholder approval and key … Read the full press release

Symrise Cosmetic Ingredients Launches Online Training Series ‘The Secret Heroes of Personal Care’

(IN BRIEF) Symrise Cosmetic Ingredients, a leading provider of cosmetic ingredients, has introduced an online training series called “The Secret Heroes of Personal Care.” Available on YouTube, this series aims to provide in-depth insights into the science of product protection … Read the full press release

Maersk Launches Technology-Driven Warehousing & Distribution Facility in Douala, Cameroon

(IN BRIEF) A.P. Moller – Maersk (Maersk) has inaugurated a modern Warehousing & Distribution (W&D) facility in Douala, Cameroon, to meet the increasing demand for goods, especially in the FMCG sector, driven by the expansion of the middle-class population in … Read the full press release

MSC Group Orders Two Hydrogen-Powered Luxury Ships as Part of €3.5 Billion Investment

(IN BRIEF) The Cruise Division of MSC Group has confirmed orders for two hydrogen-powered luxury vessels for its brand Explora Journeys. The €3.5 billion investment will also explore additional environmental technologies, such as alternative fuels like bio and synthetic gas, … Read the full press release

Infineon Takes Lead in European Research Project to Develop Sustainable Electronics

(IN BRIEF) Infineon Technologies AG has assumed the role of head and coordinator for the European research project EECONE (European ECOsystem for greeN Electronics), aimed at enhancing the sustainability of electronics in Europe. EECONE, supported by the European Union, brings … Read the full press release

Empa Develops Virtual Reality Tool for Simulating and Studying Railroad Noise

(IN BRIEF) Researchers at Empa, a Swiss research institute, have developed a virtual reality simulation tool for studying and simulating various types of railroad noise. The tool, created as part of the EU project SILVARSTAR, enables users to experience and … Read the full press release

Danmarks Nationalbank Joins Eurex’s Cleared Repo Markets

(IN BRIEF) Danmarks Nationalbank, the central bank of Denmark, has become the second central bank outside the euro area to actively trade and centrally clear repo transactions at Eurex. Eurex’s cleared repo markets, which currently have over 160 registered participants, … Read the full press release