(IN BRIEF) BASF and WHW Recycling have formed a strategic partnership aimed at enhancing the sustainability of battery cell production in Europe. WHW Recycling will operate two new separation plants in Baudenbach, Germany, by year-end to process cathode and anode … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged BASF, Battery recycling, Christine Grosse Lembeck, Europe, Kevin Walch, partnership, Štefan Hanigovský, sustainability, WHW Recycling
(IN BRIEF) EURENCO and Thales have announced a strategic partnership at EUROSATORY 2024 to enhance their supply chains for critical energy materials and components. This agreement ensures a secure procurement of materials such as powders and explosives essential for guided … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged Alexis Morel, Defense Supply Chains, EURENCO, EUROSATORY 2024, partnership, Thales, Thierry FRANCOU
(IN BRIEF) EY’s latest Renewable Energy Country Attractiveness Index (RECAI 63) underscores the critical role of battery energy storage systems (BESS) in addressing global energy challenges amid substantial clean energy investments. The index identifies the US, China, and the UK … Read the full press release
(IN BRIEF) EY has launched a global deployment of Microsoft Dynamics 365 Sales and Copilot for Sales across its organization, aiming to reach 100,000 professionals in 700 offices across 150 countries by January 2025. This initiative positions EY as one … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged AI, Charles Lamanna, EY, Microsoft Dynamics 365 Sales, partnership
(IN BRIEF) The owners of Sweden’s Forsmark and Ringhals nuclear power plants have decided to extend the operational life of their reactors from 60 to 80 years. This initiative aims to increase the production of fossil-free electricity into the 2060s, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Björn Linde, Forsmark and Ringhals Nuclear Plants, fossil-free electricity, partnership, sustainability, Sweden, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) L3Harris Technologies has entered into a strategic partnership with Accenture to accelerate its technology modernization efforts through the LHX NeXt initiative. This collaboration aims to establish a robust digital foundation, optimize operational efficiencies, and foster future growth. Accenture … Read the full press release
(IN BRIEF) AFRY has launched a Joint Industry Project (JIP) focused on Gravity Based Foundations (GBFs) for offshore wind energy in the Northern Baltic Sea. Recognizing the region’s potential to generate over 100 GW of offshore wind power by 2050, … Read the full press release
(IN BRIEF) Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., a subsidiary of Temasek. This acquisition includes Pavilion Energy’s global LNG trading business, which handles … Read the full press release
(IN BRIEF) EIB Global has invested $50 million to construct nine climate-resilient bridges across East Sepik and Madang provinces in Papua New Guinea, as part of the Bridge Replacement for Improved Rural Access project. This initiative, co-financed by the Asian … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Ambroise Fayolle, Andrew Oaeke, Climate-Resilient Bridges, David Ruma Wereh, EIB, Jacques Fradin, Papua New Guinea, partnership, Rural Connectivity, Said Zaidansyah, sustainability
(IN BRIEF) Thiess, a prominent global mining services provider, has secured a substantial four-year contract extension with BHP Mitsubishi Alliance (BMA) for operations at the Caval Ridge mine in Queensland, Australia. Valued at $580 million, the contract reaffirms Thiess’ role … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Spain
Tagged Actividades de Construcción y Servicios (ACS), Australia, BHP Mitsubishi Alliance (BMA), Caval Ridge mine, Michael Wright, partnership, Rae O’Brien, sustainability, Thiess
(IN BRIEF) PUMA has announced a new partnership with Rosé from BLACKPINK, one of K-pop’s most influential groups. As PUMA’s newest ambassador, Rosé will collaborate on global campaigns and the “Rewrite the Classics” initiative, focusing on iconic PUMA styles. Her … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, News, Retail, Sports
Tagged Classic Style, CULTURE, leadership, Maria Valdes, partnership, PUMA, Rosé of BLACKPINK, sports
(IN BRIEF) PUMA has launched its CLOUDSPUN Collection, featuring innovative athletic wear known for its ultra-soft fabric and advanced performance features such as moisture-wicking and 4-way stretch. The collection includes a range of men’s and women’s apparel designed for comfort … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports, Technology
Tagged Athletic Wear, CLOUDSPUN Collection, comfort, performance, PUMA, sports
(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of CIKAUTXO Rubber & Plastic Components (Kunshan) Co., Ltd. (“Cikautxo China”) from CIKAUTXO S.COOP. This acquisition strengthens Mutares’ SFC Group under Amaneos, enhancing its global presence in plastic-based systems … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, Amaneos, Automotive Sector, CHINA, CIKAUTXO, Mutares, partnership, SFC Group, sustainability
(IN BRIEF) Rolls-Royce’s Power Systems division has unveiled innovative advancements in military vehicle propulsion at the Eurosatory defense trade fair. They introduced a hybrid powerpack and a new 10-cylinder variant of the mtu Series 199 engine, designed to enhance tactical … Read the full press release
(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has expanded its M&A advisory network by making strategic investments in two European boutiques, Tandem Capital Advisors in Belgium and Emendo Capital in the Netherlands. This move aims to strengthen Natixis … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, France, Industrial, Investment, Management, Netherlands, News
Tagged Belgium, Emendo Capital, Groupe BPCE, investments, Mohamed Kallala, Natixis CIB, Netherlands, partnership, Stéphanie Paix, sustainability, Tandem Capital Advisors
(IN BRIEF) Deutsche Bank’s APAC Securities Services and Trust and Agency Services teams garnered 28 awards at The Asset’s 2024 Triple A Sustainable Investing Awards in Hong Kong. Recognitions included Best Depositary Receipts Bank in APAC and the Editors Triple … Read the full press release
(IN BRIEF) Deutsche Bank AG has acquired EUR 1.67 billion in aircraft loans from Norddeutsche Landesbank (NORD/LB), part of NORD/LB’s EUR 2.75 billion aircraft financing portfolio. The loans, secured through a competitive bidding process, cover a diverse range of lessors … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged acquisition, Aircraft Loans, Deutsche Bank, NORD/LB, Ross Duncan
(IN BRIEF) Markus Panhauser has been appointed as the new CEO of DHL Global Forwarding for Germany and Switzerland, effective July 1. He brings extensive experience from his current role as Head of Ocean Freight for DHL Global Forwarding Europe, … Read the full press release
(IN BRIEF) Prudential plc has appointed Dr. Zoe Hibbert as Chief of Corporate Affairs, responsible for overseeing communications, events, and brand strategy. With over 35 years of experience in global financial institutions, Dr. Hibbert brings extensive expertise from her previous … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Anil Wadhwani, appointment, Chief of Corporate Affairs, Dr. Zoe Hibbert, leadership, Prudential plc
(IN BRIEF) BASF’s Ultrasim® has marked 25 years as a leader in computer-aided engineering (CAE) simulation for plastics and foams since its launch in 1999. The platform has continually evolved, offering advanced simulation methods, extensive material data, and convenient web … Read the full press release
Posted in Artificial Intelligence (AI), Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged BASF, CAE Simulation, foams, Josef R. Wünsch, plastics, Stefan Glaser, Ultrasim®
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