Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Cutting-Edge Sensing Technology Aids Study on Coastal Erosion and Cliff Collapse

(IN BRIEF) The University of East Anglia’s School of Environmental Sciences has acquired cutting-edge fibre optic ground sensing equipment, funded by a £460k grant from the National Environment Research Council (NERC). This technology will be used to detect coastal erosion … Read the full press release

Newcastle University Receives Funding to Expand Applied Health and Care Research Methodology Incubator

(IN BRIEF) Newcastle University has been awarded funding from the National Institute for Health and Care Research (NIHR) Incubator award to expand capacity in applied health and care research methodology. Led by Professor Dawn Teare, the renewal of the Applied … Read the full press release

Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge

(IN BRIEF) Team Sonnenwagen, a group of students from RWTH Aachen University and Aachen University of Applied Sciences, has developed a highly efficient solar car named “Adelie” to participate in the Bridgestone World Solar Challenge, a challenging solar race across … Read the full press release

Ströer Reports Resilient H1 2023 Results with Strong OOH and Digital Growth Amid Challenging Market

(IN BRIEF) Ströer SE & Co. KGaA has reported its first-half 2023 results, showcasing a 7% increase in consolidated revenue to EUR 865 million amidst challenging market conditions. The company outperformed the contracting German advertising market by more than 10 … Read the full press release

Novozymes Reports Resilient First-Half Performance Amidst Market Volatility, Adjusts 2023 Outlook

(IN BRIEF) Novozymes, a global biosolutions company, has reported its first-half 2023 financial results. The company achieved 3% organic sales growth, an EBIT margin of 25% before special items, and a return on invested capital (ROIC) including goodwill of 17% … Read the full press release

E.ON Reports Strong First-Half Growth and Raises 2023 Earnings Forecast Amidst Calming Energy Markets

(IN BRIEF) E.ON, a leading energy company, has reported positive first-half results for 2023, attributed to a more stable energy market environment. Both of its segments, Energy Networks and Customer Solutions, showed strong operating performances. This has led E.ON to … Read the full press release

Barclays Urges Tech Giants to Combat Growing Scams on Platforms

(IN BRIEF) A new study from Barclays reveals that 76% of UK citizens feel unsafe on social media platforms due to scams, with 87% of scams originating on tech platforms. Scams have risen by 24% in the past quarter, led … Read the full press release

Goldman Sachs Executive Irfan Hussain to Lead LSEG’s Technology Transformation

(IN BRIEF) Irfan Hussain, currently Chief Operating & Strategy Officer for Engineering at Goldman Sachs, is set to become the Chief Information Officer (CIO) at London Stock Exchange Group (LSEG) starting January 2024. Based in New York, Irfan will lead … Read the full press release

Italy and Tunisia Move Closer to Europe-Africa Electricity Connection with €307 Million Loan Agreement

(IN BRIEF) Terna, the Italian electricity grid operator, and Steg, the Tunisian electricity and gas operator, have signed a Grant Agreement with the European Commission for a €307 million loan to support the “Elmed” project. This initiative aims to establish … Read the full press release

UniCredit Advances Share Buy-Back Plan with Additional Purchases

(IN BRIEF) UniCredit S.p.A. has provided an update on its share buy-back program, which was initiated on 30 June 2023 following authorization from the Shareholders’ Meeting held on 31 March 2023. As part of the Second Tranche of the Buy-Back … Read the full press release

Live Entertainment and Summer Spending Boost UK Hospitality & Leisure Sector

(IN BRIEF) Consumer card spending in the UK grew by 4.0% YoY in July, driven by the hospitality and leisure sector as Brits spent more on getaways, dining out, and entertainment like concert tickets. Spending on supermarkets grew at a … Read the full press release

Barclays Strengthens Sustainable Project Finance Leadership with New Global Head

(IN BRIEF) Barclays has appointed James Edmonds as the Global Head of Sustainable Project Finance within its Corporate and Investment Bank. Based in New York, Edmonds will collaborate across the organization to offer project financing solutions that aid clients in … Read the full press release

European Semiconductor Giants Collaborate to Develop European Manufacturing Hub

(IN BRIEF) TSMC, Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors N.V. have announced their joint investment in the European Semiconductor Manufacturing Company (ESMC) GmbH, situated in Dresden, Germany. The project aims to establish a 300 mm fab to … Read the full press release

ING Advances Share Buyback Scheme as Repurchases Reach Over 16%

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has reported the continuation of its share buyback program, repurchasing 1,536,085 shares at an average price of €13.23 during the week of July 31 to August 4, 2023. The total number of shares repurchased under the program … Read the full press release

René Janssen, a professor at TU/e, Receives ERC Advanced Grant for High-Efficiency Perovskite Solar Cell Research

(IN BRIEF) René Janssen, a professor in the Departments of Chemical Engineering and Chemistry and Applied Physics at Eindhoven University of Technology (TU/e), has been granted a prestigious ERC Advanced Grant of three million euros for his innovative research on … Read the full press release

Enea Repurchases Own Shares in SEK 25 Million Buyback Program

(IN BRIEF) Enea AB (publ), a telecom and cybersecurity software specialist, has repurchased 24,477 of its own shares within the framework of an authorized share buyback program. The purpose of the program is to adjust the company’s capital structure over … Read the full press release

Accenture Enhances Capital Project Capabilities with Anser Advisory Acquisition

(IN BRIEF) Accenture, a global professional services company, has completed the acquisition of Anser Advisory, a management and advisory firm specializing in infrastructure projects in the United States. The acquisition strengthens Accenture’s capabilities in capital projects and allows them to … Read the full press release

FLSmidth to Supply Key Equipment and Services for Ma’aden’s Phosphate Mine in Saudi Arabia

(IN BRIEF) FLSmidth, a global supplier of engineering and equipment to the mining industry, has been selected to deliver key beneficiation equipment and services for Ma’aden’s phosphate 3 phase 1 mine site in Saudi Arabia. The order, worth approximately DKK … Read the full press release

Solidaridad and Pact Promote Mercury-Free Mining in Ghana with New Mineral Processing Equipment

(IN BRIEF) Solidaridad and Pact have collaborated on the “Promoting Mercury-free Mining in Ghana” project to support artisanal and small-scale gold miners in Ghana. The project aims to reduce mercury usage, which is harmful to miners and the environment. As … Read the full press release

Deutsche Börse’s DB1 Ventures Leads Funding Round for Block Trading Platform OptimX Markets

(IN BRIEF) Deutsche Börse’s Corporate Venture Capital arm, DB1 Ventures, has led a Seed funding round in OptimX Markets, a block trading platform based in New York. OptimX provides a venue-neutral solution for sharing and processing institutional block orders in … Read the full press release