Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EIF and Citadele Bank Partner to Provide Up to €138 Million in Preferential Loans for Baltic Businesses

(IN BRIEF) Citadele Bank, with EIF support, has launched a €138 million loan programme aimed at SMEs and microbusinesses in Estonia, Latvia, and Lithuania. The initiative, backed by the European Commission’s InvestEU programme, will offer loans with low interest rates, … Read the full press release

University of Helsinki Research Offers New Insight Into Cancer Treatment, Paving the Way for Personalized Therapies

(IN BRIEF) A study by the University of Helsinki has uncovered why some breast cancer treatments, including immunotherapy, may not be effective for all patients. The research, focusing on the mechanical properties of tumor tissue, shows that softer tissue environments … Read the full press release

TUM Alumnus Emmanuel Adjei Embarks on 10,000-Kilometer Charity Ride to Promote Educational Equity in Africa

(IN BRIEF) Emmanuel Adjei, a sports scientist at TUM, embarks on a 10,000-kilometer charity ride from Munich to Accra to promote educational equity and raise funds for the NGO EduSpots. Starting on June 7, 2025, the journey will cover 15 … Read the full press release

TUM Study Finds Green Hydrogen from Africa More Expensive Than Expected, Recommends Policy Interventions

(IN BRIEF) A study led by TUM and supported by the University of Oxford has revealed that producing green hydrogen in Africa for export to Europe is much more expensive than previously assumed. Only a small fraction of potential production … Read the full press release

Yusuf Demiral Joins Standard Chartered as Global Head of WRB Data, Analytics & AI

(IN BRIEF) Standard Chartered has appointed Yusuf Demiral as the Global Head of Wealth & Retail Banking (WRB) Data, Analytics & AI, a newly created position aimed at enhancing the client journey through data and AI. With over 25 years … Read the full press release

Alstom Marks Revenue Service Launch for Indore Metro with World-Class Movia Trains and Advanced Signalling Solutions

(IN BRIEF) Alstom celebrates the successful launch of revenue services for the Indore Metro, featuring Movia metro trains equipped with advanced CBTC signalling systems. Manufactured in India under the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives, the trains are designed … Read the full press release

Alstom Showcases Traxx Locomotive Platform and AI-Driven Solutions at Transport Logistic 2025

(IN BRIEF) Alstom will highlight its Traxx locomotive platform at the Transport Logistic trade fair in Munich, featuring the versatile Traxx Universal multi-purpose locomotive, now expanding in Europe with seamless cross-border capabilities. The company will also showcase AI-driven maintenance solutions … Read the full press release

Exolum Unveils State-of-the-Art Fuel Storage Facility at Expanding Jorge Chávez Airport in Lima

(IN BRIEF) Exolum has launched its newly expanded fuel storage facility at Jorge Chávez International Airport in Lima, marking a significant advancement in Latin America’s aviation infrastructure. The $100 million investment features state-of-the-art storage tanks, filtration systems, and a fully … Read the full press release

Newcastle University’s Discover Festival to Showcase Cutting-Edge Research and Interactive Activities

(IN BRIEF) Newcastle University’s Discover Festival, a free family-friendly event, will take place on Saturday, June 7, 2025, offering a day of interactive learning and entertainment. Over 70 activities will showcase the university’s pioneering research, including hands-on experiences in robotics, … Read the full press release

Newcastle University Breakthrough Identifies New Treatment for ICB-Resistant Skin Cancers

(IN BRIEF) Researchers at Newcastle University have discovered a new biological mechanism explaining why some patients do not respond to immune checkpoint blockade (ICB) therapy for solid cancer tumors. They identified T regulatory cells (Tregs) as key drivers of ICB … Read the full press release

KPN Introduces Real Time Text for All Mobile Customers, Leading Accessibility Innovation in Europe

(IN BRIEF) KPN has become the first European provider to offer Real Time Text (RTT) to all its mobile customers, allowing for real-time text messaging during phone calls. This new feature, which is initially available to Samsung users, enhances communication … Read the full press release

Lloyds Partners with BNP Paribas to Offer Advanced FX Execution Algorithms to Clients

(IN BRIEF) Lloyds Bank has entered into a strategic partnership with BNP Paribas to provide its clients with access to advanced FX Execution Algorithms. The collaboration will enhance Lloyds’ digital FX offering by offering clients sophisticated tools for executing large … Read the full press release

Novartis Announces Positive Interim Results for Pluvicto™ in Early-Stage Prostate Cancer, Meeting Primary Endpoint in Phase III PSMAddition Trial

(IN BRIEF) Novartis has announced that its Phase III PSMAddition trial of Pluvicto™ in combination with standard of care (SoC) has met its primary endpoint, showing a significant benefit in radiographic progression-free survival (rPFS) and a positive trend in overall … Read the full press release

Novartis Presents ASCO Data Showing Kisqali’s Efficacy and Tolerability in High-Risk Early Breast Cancer Patients

(IN BRIEF) Novartis has presented new data from the Phase III NATALEE trial at ASCO 2025, showcasing Kisqali’s ability to reduce the risk of recurrence in pre-menopausal patients with high-risk early breast cancer. The data reveals a 33% reduction in … Read the full press release

Airbus Completes First Set of Wings for A350 Freighter, Marking a Milestone in Air Cargo Innovation

(IN BRIEF) Airbus has completed the first set of wings for the A350 freighter (A350F) at its Broughton site, marking a significant milestone in the development of the world’s most advanced freighter aircraft. These wings are designed similarly to the … Read the full press release

E.ON Partners with CyrusOne to Deliver Local Power Generation Solutions and Boost Frankfurt Data Center Capacity

(IN BRIEF) E.ON has partnered with CyrusOne to design and implement local power generation solutions for data centers, starting with the FRA7 data center in Griesheim, Germany. This innovative solution will add 61 megawatts of power to the facility by … Read the full press release

KfW Report: Decline in Germany’s SMEs Engaged in International Trade as Geopolitical and Economic Challenges Mount

(IN BRIEF) Germany’s small and medium-sized enterprises (SMEs) have significantly reduced their international business activities, with the number of businesses operating abroad falling from 880,000 in 2022 to around 763,000 in 2023. Despite this, businesses that continued to operate internationally … Read the full press release

SUEZ Appoints Xavier Girre as New CEO, Leveraging Extensive Leadership Experience in the Water and Waste Industries

(IN BRIEF) SUEZ’s Nomination and Compensation Committee has proposed Xavier Girre as the new CEO, recognizing his extensive experience in leadership, finance, and the water and waste industries. Girre, who has been involved with SUEZ as a Board member and … Read the full press release

DHL Announces Price Adjustments and New Product Offerings for International Shipping Starting July 2025

(IN BRIEF) DHL will implement moderate price increases for international parcels and small packages starting July 1, 2025. The price adjustments will vary across different country zones, with many areas seeing stable pricing. New services will include a 2 kg … Read the full press release

Vodafone and CK Hutchison Complete Merger of Vodafone UK and Three UK to Form VodafoneThree with £11 Billion Investment in 5G Network

(IN BRIEF) The merger of Vodafone UK and Three UK has officially concluded, creating VodafoneThree. This new venture will focus on deploying one of Europe’s most advanced 5G networks, with £11 billion earmarked for investment over the next decade. The … Read the full press release