(IN BRIEF) Merck has completed the second phase of its new €29 million Biologics Testing Center in China, adding 1,500 square meters to the facility. This expansion includes the first biosafety laboratories for Merck in the Chinese market, enabling clients … Read the full press release
(IN BRIEF) Iberdrola, through its Foundation, has entered into a collaborative agreement with the Lisbon City Council to undertake an ornamental lighting project for the Paços do Concelho. The project involves the replacement and refurbishment of the lighting on the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain
Tagged Carlos Moedas, City Hall, Fernando García, Iberdrola, lighting, Lisbon City Council, Marta Betanzos, Paços do Concelho, partnership, Ramón Castresana, sustainability
(IN BRIEF) Energy Ministers from ten North Seas Energy Cooperation (NSEC) countries, including the Netherlands, convened in The Hague, where they agreed on an updated NSEC Action Agenda aimed at boosting the expansion of offshore wind power in Europe. The … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, Netherlands, News, Technology
Tagged Majesty King Willem-Alexander, Ministers, Netherlands, North Seas Energy, offshore wind power, partnership, sustainability, WindEurope
(IN BRIEF) GSK, a leading pharmaceutical company, has unveiled plans to conduct Phase III trials in 2024 for a low carbon version of its popular inhaler, Ventolin (salbutamol). The initiative aims to reduce greenhouse gas emissions associated with the inhaler’s … Read the full press release
Posted in Business, Environment, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged emissions, Emma Walmsley, GSK, health, Low Carbon Inhaler, respiratory conditions, sustainability, Ventolin
(IN BRIEF) Neste has teamed up with Hightowers Petroleum to offer Neste MY Renewable Diesel™ in the Midwest region. This strategic partnership aims to meet the growing demand for lower-emission fuels, particularly from the automotive industry. Neste MY Renewable Diesel, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged Carrie Song, Hightowers Petroleum, Midwest, Neste, partnership, renewable diesel, Stephen Hightower, sustainability, USA
(IN BRIEF) Kapsch TrafficCom AG has successfully completed the placement of 1.3 million new shares, representing 10% of its existing share capital. These newly issued shares were divided into 477,217 shares against cash contributions and 822,783 shares against contributions in … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, investment, Kapsch TrafficCom AG, shares
(IN BRIEF) Mercedes-Benz has strengthened its position as the world’s most valuable luxury automobile brand, moving up to the seventh spot in the “Best Global Brands 2023” ranking. The brand’s value has increased by nine percent, highlighting its consistent transformation … Read the full press release
Posted in Automotive, Awards, Business, Environment, Germany, Industrial, Management, News, Technology
Tagged Awards, Bettina Fetzer, Mercedes-Benz Ranks, Most Valuable Global Brands 2023
(IN BRIEF) Barclays has announced the appointment of Jean-Baptiste (JB) Patois as the Head of Equity Derivatives ex-Strategic Derivatives, Asia Pacific, based in Hong Kong. In this role, Mr. Patois will lead the Exotics and Flow Derivatives teams. He will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Akihiko Yamada, appointment, Ashish Prabhudesai, Asia Pacific, Barclays, Carrie Chen, Dave Dai, Denise Wong, Duncan Beattie, Duncan Connellan, Head of Equity Derivatives, Hossein Zaimi, JB Patois, leadership, Pushkaraj Gumaste, Raymond Yu
(IN BRIEF) Equinor ASA has disclosed the dividend payouts for the second quarter of 2023. The company will distribute an ordinary cash dividend of USD 0.30 per share and an extraordinary cash dividend of USD 0.60 per share. The NOK … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged 2023 Dividend Payouts, Equinor, Financial, investment
(IN BRIEF) ING has provided an update on its €2.5 billion share buyback program, announcing that it repurchased 22,842,425 shares during the week of November 13, 2023, through November 17, 2023. These shares were acquired at an average price of … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) ZF, the technology company, showcased its cutting-edge technology portfolio to over 600 representatives from around 40 Chinese automobile manufacturers during its “Next Generation Mobility Days” event in Shanghai. The event featured driving demonstrations and technical discussions, where customers … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged 'Next Generation Mobility Days', CHINA, Innovative Mobility Solutions, Shanghai, Stephan von Schuckmann, ZF
(IN BRIEF) TotalEnergies has launched an innovative in-depot electric truck charging service at the SOLUTRANS trade show. This service is designed to facilitate the transition to electric mobility for transport companies by providing customized charging infrastructure. It includes efficient charge … Read the full press release
(IN BRIEF) Freeport-McMoRan has awarded a significant order to Metso for the delivery of a state-of-the-art tankhouse material handling solution to its El Paso electrorefinery in Texas, USA. The order, valued at over EUR 10 million, has been booked in … Read the full press release
(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release
Posted in Austria, Business, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Financial, investment, Kapsch TrafficCom
(IN BRIEF) DNV has entered into an agreement to provide a wide range of inspection services for the East Anglia Three offshore wind project, which is set to become the world’s second-largest wind farm upon its operation in 2026. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, United Kingdom
Tagged DNV, East Anglia, inspection services, Lamia Ziam, Mohamed Houari, offshore wind farm project, partnership, Ross Ovens, sustainability
(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, KUFPEC Norway, natural gas, Norway, ORLEN Group, partnership, PGNiG, Poland, sustainability
(IN BRIEF) Swedish engineering and consulting company AFRY has made a strategic move to acquire Hungarian nuclear safety consulting firms SOM System Kft. and TTSA Mérnökiroda Kft., collectively known as SOM. The acquisition enhances AFRY’s capabilities in the nuclear sector, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden
Tagged acquisition, AFRY, Hungary SOM System Kft., József Dénes, Miklós Ördögh, nuclear safety, partnership, sustainability, TTSA Mérnökiroda Kft.
(IN BRIEF) Vodafone has won the FTSE350 Cyber Reporting category in PwC’s Building Public Trust Awards for the third year in a row. The awards recognize companies and charities that excel in providing transparent and insightful reporting on sustainability and … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has released a report titled “Transitions big and small,” examining how the profound structural changes in the global economy are affecting people’s lives, livelihoods, and living conditions in EBRD regions. … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Charlotta Källbäck, EBRD, Economic Transformation, Jonathan Charles, Mark Keese, Professor Beata Javorcik, Sandra Bates
(IN BRIEF) In its first year of operation, the UK Centre for Veterinary Vaccine Innovation and Manufacturing (CVIM) has accomplished several significant milestones in its mission to bridge the gap between scientific discoveries and solutions for pressing infectious diseases, particularly … Read the full press release
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