(IN BRIEF) BASF has initiated the construction of a groundbreaking syngas plant at its Verbund site in Zhanjiang, China. This large-scale facility, slated to begin operation in 2025, stands out due to its unique process concepts designed to minimize carbon … Read the full press release
(IN BRIEF) Aviva has collaborated with ITV to introduce a series of interactive ‘virtual puzzle’ advertisements aimed at illustrating how the insurance, wealth, and retirement company is addressing the financial challenges faced by individuals in the UK. The co-branded ads, … Read the full press release
Posted in Business, Education, Financial, Industrial, Insurance, Investment, Management, Marketing, Media, News, Technology, United Kingdom
Tagged advertisements, Aviva, Financial Solutions, Guy Edwards, Interactive Puzzle Ads, ITV, Mark Trinder, partnership, Phoebe Barter, virtual puzzle
(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the second quarter 2023 interim dividend, which was declared at US$0.331 per ordinary share on July 27, 2023. Shareholders were given the option to receive dividends in … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, shares, Shell
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €22 million long-term loan to Kervan Gıda Sanayi ve Ticaret A.Ş, a major Turkish jelly sweets exporter. The funds will support the expansion of jelly and liquorice … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Investment, Turkey, United Kingdom
Tagged Burhan Başar, EBRD, jelly, jelly sweets, Kervan Gıda, liquorice, loan, Natalia Zhukova, solar panels, waste water treatment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has named Gretchen Biery as Director for its eastern Mediterranean region, overseeing operations in Jordan, Lebanon, and the West Bank and Gaza. Effective from September 1, 2023, she reports to … Read the full press release
(IN BRIEF) Iberdrola, a prominent energy company, is making significant progress in its offshore wind initiatives with notable achievements in the Saint-Brieuc and Baltic Eagle projects. The Saint-Brieuc offshore wind farm, the second-largest in France, is near completion despite challenges … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged Baltic Eagle, Iberdrola, Ignacio Galán, leadership, Offshore wind, Projects, Saint-Brieuc
(IN BRIEF) As the new school year begins, Austrian curricula are introducing enhanced financial and economic education for fifth to eighth graders in secondary schools. The Vienna Stock Exchange is contributing to this initiative with its “börse4beginners” teaching material, offering … Read the full press release
(IN BRIEF) A recent International Renewable Energy Agency (IRENA) report indicates that 86% of newly commissioned renewable electricity capacity in 2022 cost less than fossil fuel-generated electricity. Solar power notably contributed to this trend, with its global average cost dropping … Read the full press release
(IN BRIEF) The UK government has allocated £18.5 million to fund four Green Transition Ecosystem projects aimed at addressing ecological challenges through design-based solutions. The initiatives encompass various areas, including retrofitting houses for improved energy efficiency, sustainable medical equipment usage, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Arts and Humanities Research Council (AHRC), Christopher Smith, Design Museum, Ecological Challenges, Ecosystem Projects, green transition, Justin McGuirk, Lord Callanan, partnership, sustainability, UK, UKRI
(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with President Ilham Aliyev of Azerbaijan during the inauguration ceremony of the Absheron gas field’s first development phase. The gas field is currently producing 1.5 BCMA, with plans to increase production … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Absheron Gas Field, Azerbaijan, energy projects, Ilham Aliyev, Mr. Mikayil Jabbarov, Mr. Parviz Shahbazov, Mr. Rovshan Najaf, partnership, Patrick Pouyanné, sustainability, TotalEnergies
(IN BRIEF) Mark Rennison has been appointed as an independent non-executive director of NatWest Holdings Limited (NWH), effective from September 1, 2023. He will also serve on the NWH Audit Committee. Additionally, Graham Beale has stepped down from the NWH … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Graham Beale, Howard Davies, Ian Cormack, Independent Director, leadership, Mark Rennison, NatWest
(IN BRIEF) A newly released legal benchmarking survey commissioned by NatWest reveals that 9 out of 10 small to medium-sized (SME) law firms are optimistic about their financial performance in the upcoming year. NatWest’s ninth Legal Report analyzes the financial … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Andrew Allen, David Weaver, Financial, law firms, NatWest, SMEs
(IN BRIEF) RWE Aktiengesellschaft is set to acquire shares in RWE Aktiengesellschaft within the November 15 to November 21, 2023 timeframe. The total purchase value is capped at EUR 25,000,000.00, representing a maximum of 656,857 shares based on the closing … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged Aktiengesellschaft, Employee Share Programme Compliance, Financial, RWE, Share Acquisition
(IN BRIEF) Deutsche Telekom reaffirms its commitment to Open RAN development by unveiling a multi-vendor trial focused on programmable radio access networks (RANs). The initiative showcases the potential of the Non-RT RIC (Real-Time Intelligent Controller) and rApp (RAN Application) concept … Read the full press release
Posted in Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged AirHop, Deutsche Telekom, Juniper Networks, networks, Open RAN Trial, partnership, Petr Ledl, VIAVI Solutions, VMware
(IN BRIEF) Shell Petroleum Company Limited, via its subsidiary Impello Limited, is set to divest its UK and German home energy businesses, Shell Energy Retail Limited (SERL) and Shell Energy Retail GmbH (SERG), to Octopus Energy Group. These businesses cater … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged EV charging, Home Energy Businesses, Impello Limited, Octopus Energy, partnership, Shell, Shell Energy Retail GmbH (SERG), Shell Energy Retail Limited (SERL), Steve Hill, sustainability
(IN BRIEF) The European Investment Bank (EIB) is set to join the 2023 Finance in Common Summit in Cartagena, Colombia, from September 4th to 6th. Key highlights include President Werner Hoyer’s address on Sustainable Development Goals, unveiling the EIB Climate … Read the full press release
(IN BRIEF) Andy Halford, Group Chief Financial Officer (GCFO) and Group Executive Director (GED) of Standard Chartered PLC, has announced his retirement. He will be succeeded by Diego De Giorgi, who will join the company as GCFO Designate on September … Read the full press release
(IN BRIEF) A study conducted by the University of York, in collaboration with ieso Digital Health Ltd and Dorset HealthCare University NHS Trust, has found that internet-delivered cognitive behavioral therapy (CBT) offers greater cost-effectiveness and comparable clinical effectiveness compared to … Read the full press release
Posted in Business, Education, Financial, Healthcare, Internet & Online, Management, News, Science, United Kingdom
Tagged anxiety, Cognitive Behavioral Therapy, Cost-Effective Alternative, depression, Dorset HealthCare University NHS Trust, ieso Digital Health Ltd, Internet-Delivered, mental health, partnership, Sam Harper, treatment, University of York
(IN BRIEF) RWE, a prominent renewable energy company, has commenced construction of the 200 MW Montgomery Ranch Wind Farm in Foard County, Texas. This new addition elevates RWE’s wind capacity in Texas to 4.3 GW, capable of powering over 1.2 … Read the full press release
(IN BRIEF) The Lenzing Group, a leading provider of specialty fibers for textiles and nonwovens, has invested over EUR 100 million since 2021 to upgrade its Purwakarta site in Indonesia. The company aims to convert existing production capacity to specialty … Read the full press release
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