(IN BRIEF) Vestas Wind Systems A/S has revised its financial outlook for 2024, now projecting revenue between EUR 16.5 billion and EUR 17.5 billion, down from EUR 16 billion to EUR 18 billion. The expected EBIT margin before special items … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News
Tagged economy, Financial, investment, Vestas
(IN BRIEF) Outokumpu is advancing its entry into the metal powder market for additive manufacturing, transitioning to commercial production after a successful pilot year at its Krefeld facility in Germany. The company aims to produce up to 330 tons of … Read the full press release
Posted in Business, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged Germany, Marten Franz, Metal Powder Production, Outokumpu, partnership, sustainability
(IN BRIEF) Webuild has launched a new communication campaign titled “We Dream, We Build, We Win,” featuring Italian sports champions to inspire women and youth. The campaign highlights themes of teamwork, commitment, and resilience, showcasing the journeys of athletes alongside … Read the full press release
Posted in Business, Construction, Financial, Industrial, Investment, Italy, Management, Marketing, News, Sports
Tagged Alice Bellandi, Angela Carini, Antonella Palmisano, campaign, Caterina Banti, marketing, Sports Champions, Webuild, WOMEN, YOUTH, Zaynab Dosso
(IN BRIEF) TotalEnergies has commenced production at the Anchor field in the US Gulf of Mexico, where it holds a 37.14% interest alongside operator Chevron. The project, which began development in December 2019, features subsea wells connected to a semi-submersible … Read the full press release
(IN BRIEF) Amazon and Barclays have launched the Amazon Barclaycard, a new co-branded credit card in the UK that rewards customers for everyday spending. The card offers up to 2% back in Amazon Barclaycard Rewards, with 1% on Amazon purchases … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged Amazon, Amazon Barclaycard, Barclays, credit card, John Boumphrey, partnership, Rewards, shopping, Steve Weston, sustainability, USA
(IN BRIEF) Exor N.V. has announced the continuation of its share buyback program, originally launched on September 13, 2023, with an additional €125 million allocated for the second tranche, starting August 12, 2024. This follows the completion of the first … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Exor N.V., Financial, investment, Share Buyback Program
(IN BRIEF) On August 12, 2024, Arrow Energy announced plans to expand its Surat Gas Project in Queensland, Australia, with significant investment from Shell. Phase 2 is expected to produce about 22,400 barrels of oil equivalent per day at peak … Read the full press release
(IN BRIEF) Schaeffler is expanding its global electric vehicle charging infrastructure by adding 5,000 new charging points by 2030, with 3,000 in Europe. This initiative is part of the company’s sustainability program. Pilot projects have started at Herzogenaurach and Schweinfurt … Read the full press release
(IN BRIEF) Vestas has secured two new wind turbine orders in Germany, totaling 58 MW. Both projects, WP Brand (36 MW) and WP Lautertal (22 MW), are with Uhl Windkraft and will feature V172-7.2 MW turbines. The projects are scheduled … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, partnership, sustainability, Uhl Windkraft, Vestas, WP Lautertal
(IN BRIEF) Vestas has secured a 41 MW order from Green Mind Ventures, part of GreenVolt, for wind turbines at two wind parks in Spain. The order includes the supply, installation, and a 20-year service agreement for nine turbines. Delivery … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged José Luis del Cerro, partnership, Spain, sustainability, Vestas, wind parks, wind turbine
(IN BRIEF) The Liverpool Literary Festival returns from October 4-6, featuring best-selling author Adele Parks MBE, who will discuss her latest novel, First Wife’s Shadow, on October 5. The festival, now in its ninth year, will include a variety of … Read the full press release
(IN BRIEF) MOL Group reported strong financial results for the first half of 2024, with a 19% year-on-year increase in profit before tax, driven by robust demand in Downstream, strong Upstream production, and retail expansion. Despite industry challenges, the company … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Hungary, Industrial, Investment, Management, News
Tagged economy, Financial, investment, MOL Group, Zsolt Hernádi
(IN BRIEF) ANDRITZ has successfully started operations at Suzano’s new pulp mill in Brazil, which will be the world’s largest single-line eucalyptus pulp mill with an annual capacity of 2.55 million tons. The mill, which runs entirely on planted trees … Read the full press release
(IN BRIEF) Wolters Kluwer Compliance Solutions will host its 28th annual CRA & Fair Lending Colloquium from November 17-20 in Championsgate, Florida. Keynote speakers include Shaun Donovan, CEO of Enterprise Community Partners, and James C. Ballentine, a senior advisor at … Read the full press release
(IN BRIEF) Researchers at Imperial College London found that Typhoon Gaemi in July 2024 was 50% more likely due to human-driven climate change, with its maximum wind speeds increased by 7%. The study, powered by Vodafone Foundation’s DreamLab app, used … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, Telecom, United Kingdom
Tagged climate change, DreamLab, Human-Driven, Iris, Typhoon Gaemi, vodafone
(IN BRIEF) Deutsche Telekom has launched a powerful new campaign as part of its “No Hate Speech” initiative, aimed at raising awareness about the dangers of disinformation. The campaign uses striking imagery to show how false information spreads rapidly like … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology, Telecom
Tagged campaign, Christian Hahn, Dennis May, Deutsche Telekom, disinformation, marketing, No hate speech, Nora Fingscheidt
(IN BRIEF) Plenitude, a subsidiary of Eni, will sponsor La Vuelta 24 for the third year, providing energy for the race’s electric vehicles and sponsoring the “Maillot Blanco” for the best young cyclist. They will also launch a community-focused initiative, … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Spain
Tagged electric vehicles, Eni, La Vuelta 24, partnership, Plenitude, Youth cyclists
(IN BRIEF) Professor Remco Tuinier and his team at Eindhoven University of Technology have developed a new method to slow the release of protein-based drugs, addressing the challenge of rapid dispersion in the body. By using polyethylene glycol (PEG) and … Read the full press release
(IN BRIEF) Skanska has secured a supplemental contract worth USD 203 million to expand a data center in Georgia, USA. The project includes constructing a 244,090 square-foot facility with additional site work, underground utilities, and the fitout of administrative spaces … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged data center, GEORGIA, partnership, Skanska, sustainability, USA
(IN BRIEF) Vitesco Technologies has utilized Infineon Technologies’ CoolGaN™ Transistors to significantly enhance the efficiency and performance of its next-generation DC-DC converters, which are crucial in electric and hybrid vehicles. These converters connect high-voltage batteries to low-voltage circuits and are … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CoolGaN™ Technology, DC-DC Converter, Infineon, Johannes Schoiswohl, partnership, Vitesco Technologies
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