(IN BRIEF) DSV has agreed to acquire Schenker, Deutsche Bahn’s logistics subsidiary, for €14.3 billion, marking its largest acquisition to date. The combined company will have a presence in over 90 countries, with a workforce of 147,000 and pro forma … Read the full press release
(IN BRIEF) ZEISS Medical Technology will introduce new digital and AI-driven innovations at the EURETINA 2024 conference. Key highlights include the ZEISS ARTEVO 850 3D digital visualization system and the EVA NEXUS surgical system, which enhance precision and safety in … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Germany, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology
Tagged AI-powered, CIRRUS PathFinder, Diagnostic Innovations, EURETINA 2024, EVA NEXUS surgical system, Retinal Surgery, ZEISS, ZEISS ARTEVO 850 3D digital visualization system
(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Abolis Biotechnologies, BOLD (Business Opportunities for L’Oréal Development), Clay Capital, DeepTech & Climate Fonds, Evonik, France, investment, Netherlands, partnership, Singapore, sustainability
(IN BRIEF) Beyond Leather Materials has partnered with Covestro to develop LEAP®, a sustainable leather alternative made from over 85% bio-based materials, primarily apple waste. Covestro’s INSQIN® technology provides a durable, premium coating for LEAP®, offering a low-VOC, eco-friendly solution. … Read the full press release
Posted in Business, Chemicals, Denmark, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Apple Waste, Beyond Leather Materials, Covestro, Denmark, Dr. Torsten Pohl, LEAP, Leather, Mikael Eydt, partnership, sustainability
(IN BRIEF) DHL Express is preparing for the 2024 peak season by investing over €100 million to boost its transport and handling capacity. The company will deploy eight new Boeing 777 freighters on key routes between Asia and Europe, improving … Read the full press release
(IN BRIEF) BASF has released its second Responsible Sourcing Report, highlighting progress in sustainable sourcing within its Care Chemicals division. Key achievements in 2023 include sourcing 96% of palm oil from RSPO-certified mills, expanding partnerships with Solidaridad to support smallholder … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged BASF partnerships, Solidaridad, sustainability
(IN BRIEF) The 2024 recycling standards from the Central Agency Packaging Register (ZSVR) now recognize polyethylene (PE), polyamide (PA), and ethylene-vinyl alcohol copolymer (EVOH) high-barrier films as recyclable, thanks to research by BASF and the cyclos-HTP Institute. These films, commonly … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Industrial, Investment, Management, News
Tagged 2024 Standards, BASF, Packaging Films, Polyamide-Based, recyclability, Simone Schillo
(IN BRIEF) Deutsche Telekom has introduced nine green AI principles aimed at reducing the environmental impact of artificial intelligence while enhancing its benefits. These principles focus on energy efficiency, sustainable coding, and transparent carbon tracking. Already, Deutsche Telekom is using … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, Technology, Telecom
Tagged AI, Claudia Nemat, Deutsche Telekom, Eckart von Hirschhausen, Melanie Kubin-Hardewig, Prof. Dr. Antonio Krüger, sustainability
(IN BRIEF) At InnoTrans 2024, Ericsson will showcase its 5G and Future Railway Mobile Communication System (FRMCS) solutions aimed at improving rail safety, efficiency, and the passenger experience. The 5G Corridors will provide high-speed connectivity for passengers, while FRMCS will … Read the full press release
(IN BRIEF) WACKER has successfully tested a CO2 capture process at its Holla, Norway, site, achieving a 95% capture rate of emissions from silicon production. Using technology from SLB-ACC JV, the pilot marks a major step toward climate-neutral silicon manufacturing. … Read the full press release
(IN BRIEF) Infineon Technologies has pioneered the world’s first 300 mm power gallium nitride (GaN) wafer technology, enhancing production efficiency by offering 2.3 times more chips per wafer compared to the previous 200 mm process. This breakthrough will accelerate GaN … Read the full press release
Posted in Austria, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Austria, gallium nitride (GaN) wafer technology, Infineon, Jochen Hanebeck, partnership, semiconductor
(IN BRIEF) ZF LIFETEC is enhancing vehicle occupant protection through advanced physical and virtual testing methods at its global tech centers. By combining real-life crash simulations with virtual testing, ZF shortens development cycles and tailors safety systems like seat belts … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Hybrid Testing Methods, sustainabilty, vehicle safety, ZF, ZF LIFETEC
(IN BRIEF) The Otto Group has integrated Boston Dynamics’ Stretch robot into its logistics operations, becoming the first in Europe to do so. The robot is designed to autonomously unload containers, increasing efficiency and addressing labor shortages. This move is … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology, Transportation & Logistics
Tagged AI, Boston Dynamics, Europe, Kay Schiebur, logistics, Marc Theerman, Otto Group, Stretch Robot, sustainabilty
(IN BRIEF) Continental has announced a major expansion of its aftermarket product offerings, including new sensors for driver assistance systems, chassis components, and high-pressure fuel pumps. The launch also includes the ATE New Original brake line, designed for electric vehicles … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged ATE New Original brake line, Continental, electric vehicles, Euro 7 Standards, sustainabilty
(IN BRIEF) At Automechanika 2024, Continental unveiled new sustainable products, including the CONTI NXT Multi V-belt, made from nearly two-thirds recycled and renewable materials, and the ATE New Original brake line for electric vehicles. These innovations aim to reduce environmental … Read the full press release
(IN BRIEF) Evonik has partnered with Steinbeis Papier to supply carbon-neutral hydrogen peroxide for recycled paper production, reducing Steinbeis’ Scope 3 emissions. This collaboration aligns with both companies’ sustainability goals, with Steinbeis reinforcing its “ReThinking Paper” strategy. Evonik’s hydrogen peroxide … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged eco-friendly, Evonik, Hydrogen peroxide, partnership, Steinbeis Papier, sustainabilty
(IN BRIEF) Maersk and Hapag-Lloyd have unveiled more details about their joint ocean network, Gemini Cooperation, set to launch in February 2025. The collaboration will provide two flexible network options, aiming for over 90% schedule reliability. In response to Red … Read the full press release
(IN BRIEF) BayWa AG has appointed Michael Baur, a restructuring expert from AlixPartners, as Chief Restructuring Officer (CRO) to guide the company through its financial difficulties. Baur has been working with BayWa’s management to stabilize the business and will now … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Management, News
Tagged appointment, BayWa AG, Financial Recovery, leadership, Marcus Pöllinger, Michael Baur
(IN BRIEF) Aurubis AG and Talga Group Ltd have partnered to develop a new process for producing recycled battery-grade graphite. The collaboration combines Aurubis’ advanced recycling methods and Talga’s innovative anode production technologies to create a sustainable, circular solution for … Read the full press release
(IN BRIEF) The European Court of Justice (ECJ) upheld the European Commission’s decision that Google abused its dominant market position by favoring its own shopping service, misleading consumers, and harming competition. idealo, a price comparison platform, welcomed the ruling as … Read the full press release
(IN BRIEF) DB Schenker, Trailer Dynamics, and CATL have partnered to explore the feasibility of Battery Swapping Technology (BST) for electric trailers in Europe. The project aims to reduce vehicle downtime and enhance efficiency with battery swaps taking just five … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged (CATL) Contemporary Amperex Technology Co., Battery Swapping Technology (BST), DB Schenker, Electric Trailers, Europe, Limited, partnership, sustainability, Trailer Dynamics
(IN BRIEF) Software AG has improved its sustainability performance by 30% in the 2024 EcoVadis assessment, earning a bronze medal with a score of 63. The company achieved notable progress in the areas of Environment, Labor & Human Rights, and … Read the full press release
Posted in Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Awards, EcoVadis 2024 Assessment, leadership, Sanjay Brahmawar, Software AG, sustainability
(IN BRIEF) Hella Gutmann, in partnership with Munic S.A., has launched macsLive, a cloud-based telematics platform that provides real-time diagnostics for multi-brand vehicles. By continuously monitoring vehicle data, macsLive enables fleet operators, workshops, and breakdown services to make informed decisions … Read the full press release
(IN BRIEF) Hella Gutmann has launched the mega macs S 20, an affordable and flexible diagnostic software for workshops. The software runs on Android devices and communicates with vehicle systems through the HG-VCI S 20 hardware. It supports modern protocols … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Hella Gutmann, Mega Macs S 20, Scalable Diagnostic Software Solution, workshops
(IN BRIEF) Hella Gutmann has introduced the CSC-Tool X 20, a fully digital and modular ADAS calibration tool designed to enhance calibration accuracy and efficiency. Set to launch in spring 2025, the tool features cloud connectivity, semi-automated processes, and comprehensive … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Accuracy, Automechanika Frankfurt 2024, Calibration Tool, Cloud Integration, CSC-Tool X 20, Digital ADAS (Advanced Driver Assistance Systems), Hella Gutmann
(IN BRIEF) Encavis AG has secured €61 million in project financing for its 114 MW Borrentin solar park in Germany. The financing was provided by Bayerische Landesbank and will help complete the solar park by the end of September 2024. … Read the full press release
(IN BRIEF) Vodafone Germany is launching an initiative to install solar panels at its mobile phone towers and regional data centers, aiming to achieve CO2e neutrality by 2025. The project will begin with 86 sites and expand to 200 by … Read the full press release
(IN BRIEF) BASF is showcasing its latest footwear innovations at Simac 2024 under the theme “Make the Move.” The company is presenting recyclable, meltable polyurethane foams, lightweight midsole materials for enhanced comfort, and new processing technologies for more sustainable shoe … Read the full press release
(IN BRIEF) Bosch has expanded its real-time road hazard service, now available in millions of vehicles and soon to be introduced to Mercedes-Benz Trucks. The service uses data from connected vehicles and third-party sources to warn drivers of hazards like … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Bosch, Dr. Markus Heyn, Real-Time Road Hazard Alerts, road safety, sustainability, vehicles
(IN BRIEF) Takazuri and BASF have partnered to deliver sustainable construction solutions in Eastern Africa with a focus on climate resilience. Takazuri’s Climatile™ roofing and cladding system, made from locally sourced post-consumer recycled materials, offers improved insulation, solar reflectance, and … Read the full press release
Posted in Business, Chemicals, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged BASF, Climate-Resilient, construction, Eastern Africa, partnership, sustainability, Takazuri, Takazuri’s Climatile™, UK
(IN BRIEF) Deutsche Telekom has expanded its cyber defense with the opening of its Master Security Operations Center (SOC) in Bonn, part of a global network to combat increasingly AI-driven cyberattacks. The center processes billions of security data points daily … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Telecom
Tagged AI-powered, Bonn, Cyber Defense, cyberattacks, Deutsche Telekom, Master Security Operations Center (SOC), security operations center, Thomas Tschersich
(IN BRIEF) Siemens Mobility is investing $60 million to build North America’s first high-speed rail manufacturing facility in Horseheads, New York. The nearly 300,000 sq. ft. plant will create 300 jobs and produce the American Pioneer 220 trainsets for the … Read the full press release
(IN BRIEF) Siemens has partnered with DMG MORI and Renishaw to enhance its Siemens Xcelerator platform, offering new scalable solutions for machine tools. Renishaw’s tool condition monitoring system, combined with Siemens software, automates tool wear detection and improves manufacturing traceability. … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital transformation, DMG MORI, partnership, RENISHAW, Scalable Machine Tool Solutions, Siemens, sustainability, UK
(IN BRIEF) Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, 2024. Patrik Andreas Mayer will become SEAT’s new Chief Financial and IT Officer, while David Powels, currently in that role, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, David Powels, finance, IT Departments, leadership, Patrik Andreas Mayer, SEAT, Thomas Schäfer, Volkswagen, Wayne Griffiths
(IN BRIEF) The Lindner Group has introduced Acustica, a sustainable acoustic panel made from 100% polyester, offering an eco-friendly alternative to traditional mineral wool. Acustica enhances room acoustics, provides flame retardancy, and is fully recyclable, making it a sustainable choice … Read the full press release
(IN BRIEF) The “Smart Vineyard” project in Germany’s Moselle Valley, supported by Deutsche Telekom’s 5G campus network, is modernizing traditional winemaking through automation and real-time data analysis. Using 5G-connected robots and AI, the project helps winemakers perform labor-intensive tasks such … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G technology, Deutsche Telekom, Germany, Mathias Poeten, Moselle Region, partnership, Smart Vineyard, sustainability, Viticulture
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
ASTOR ASSET MANAGEMENT 3 LTD INVESTIGATES POTENTIAL LEGAL ACTION OVER ALLEGED STOCK PLEDGING AND MARKET MISCONDUCT (IN BRIEF) Astor Asset Management 3 Ltd is forming a class action lawsuit against Mr. Ricardo Benjamín Salinas Pliego and Grupo Elektra (ELEKTRA) for … Read the full press release
Posted in Business, Financial, Germany, Investment, Law
Tagged Advance America, astor, astor asset management, Astor Asset Management 3 Ltd, class action, class action lawsuit, CNBV, Comisión Nacional Bancaria y de Valores, Corporación RBS SA de CV, ELEKTRA, elektra.mx, grupo elektra, Grupo Elektra S.A.B. de C.V., lawsuit, loans, Mexican regulatory authorities, payday loan company, pledges of shares, regulatory obligations, ricardo benjamin salinas pliego, salinas pliego, securities backed loan, Securities Fraud, securities regulations, Stock Manipulation, trades, Transparency in Insider Trading
(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Technology
Tagged AI-Enhanced, Austria, Energy management, France, Germany, Michael Lotfy Gierges, PORTUGAL, Schneider Electric, Spain, sustainability, Wiser Home App
(IN BRIEF) Schaeffler Vehicle Lifetime Solutions has launched the E-Axle RepSystem-M repair kit for the first-generation Hyundai Ioniq’s e-axles, showcased at Automechanika Frankfurt. This kit allows for cost-effective replacement of defective bearings, previously requiring a full motor or axle replacement. … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged E-Axle Repair Kit, Electric Motor Maintenance, Hyundai Ioniq, Maik Evers, Schaeffler
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