(IN BRIEF) Hydro, a leading aluminium producer, is taking significant steps to enhance energy efficiency across its five aluminium smelters in Norway. The measures will lead to a reduction in electricity consumption, starting with the installation of LED lights and … Read the full press release
(IN BRIEF) Rheinmetall has delivered Norway’s first Rheinmetall Mission Master XT, an unmanned ground vehicle (UGV) designed for extreme terrains and sub-zero temperatures. The contract was awarded by the Norwegian Defence Research Establishment following a competitive bid that emphasized challenging … Read the full press release
Posted in Automotive, Business, Defence, Germany, Industrial, Management, News, Transportation & Logistics
Tagged Alain Tremblay, Extreme-Terrain, Harsh Environments, Mission Master XT, Norway, Rheinmetall, ugv
(IN BRIEF) As the new school year begins, Austrian curricula are introducing enhanced financial and economic education for fifth to eighth graders in secondary schools. The Vienna Stock Exchange is contributing to this initiative with its “börse4beginners” teaching material, offering … Read the full press release
(IN BRIEF) TenneT, a leading European electricity transmission system operator, has welcomed Maarten Camps and Kuldip Singh as new members to its Supervisory Board, effective from September 1, 2023. Camps, Chair of the Executive Board of Dutch social security agency … Read the full press release
(IN BRIEF) A recent International Renewable Energy Agency (IRENA) report indicates that 86% of newly commissioned renewable electricity capacity in 2022 cost less than fossil fuel-generated electricity. Solar power notably contributed to this trend, with its global average cost dropping … Read the full press release
(IN BRIEF) BILD TV, in collaboration with Dyn, will broadcast selected top matches of the Handball Bundesliga live on free TV starting from August 27, 2023. The initiative aims to expand the sports content beyond soccer and will also feature … Read the full press release
Posted in Business, Entertainment, Germany, Industrial, Management, Media, News, Sports
Tagged Axel Springer, basketball, BILD TV, Carli Underberg, Dyn, Handball Bundesliga Matches, partnership, Sports Talk Show, Valentina Maceri
(IN BRIEF) The UK government has allocated £18.5 million to fund four Green Transition Ecosystem projects aimed at addressing ecological challenges through design-based solutions. The initiatives encompass various areas, including retrofitting houses for improved energy efficiency, sustainable medical equipment usage, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Arts and Humanities Research Council (AHRC), Christopher Smith, Design Museum, Ecological Challenges, Ecosystem Projects, green transition, Justin McGuirk, Lord Callanan, partnership, sustainability, UK, UKRI
(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with President Ilham Aliyev of Azerbaijan during the inauguration ceremony of the Absheron gas field’s first development phase. The gas field is currently producing 1.5 BCMA, with plans to increase production … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Absheron Gas Field, Azerbaijan, energy projects, Ilham Aliyev, Mr. Mikayil Jabbarov, Mr. Parviz Shahbazov, Mr. Rovshan Najaf, partnership, Patrick Pouyanné, sustainability, TotalEnergies
(IN BRIEF) Mark Rennison has been appointed as an independent non-executive director of NatWest Holdings Limited (NWH), effective from September 1, 2023. He will also serve on the NWH Audit Committee. Additionally, Graham Beale has stepped down from the NWH … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Graham Beale, Howard Davies, Ian Cormack, Independent Director, leadership, Mark Rennison, NatWest
(IN BRIEF) A newly released legal benchmarking survey commissioned by NatWest reveals that 9 out of 10 small to medium-sized (SME) law firms are optimistic about their financial performance in the upcoming year. NatWest’s ninth Legal Report analyzes the financial … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Andrew Allen, David Weaver, Financial, law firms, NatWest, SMEs
(IN BRIEF) RWE Aktiengesellschaft is set to acquire shares in RWE Aktiengesellschaft within the November 15 to November 21, 2023 timeframe. The total purchase value is capped at EUR 25,000,000.00, representing a maximum of 656,857 shares based on the closing … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged Aktiengesellschaft, Employee Share Programme Compliance, Financial, RWE, Share Acquisition
(IN BRIEF) Deutsche Telekom reaffirms its commitment to Open RAN development by unveiling a multi-vendor trial focused on programmable radio access networks (RANs). The initiative showcases the potential of the Non-RT RIC (Real-Time Intelligent Controller) and rApp (RAN Application) concept … Read the full press release
Posted in Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged AirHop, Deutsche Telekom, Juniper Networks, networks, Open RAN Trial, partnership, Petr Ledl, VIAVI Solutions, VMware
(IN BRIEF) Shell Petroleum Company Limited, via its subsidiary Impello Limited, is set to divest its UK and German home energy businesses, Shell Energy Retail Limited (SERL) and Shell Energy Retail GmbH (SERG), to Octopus Energy Group. These businesses cater … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged EV charging, Home Energy Businesses, Impello Limited, Octopus Energy, partnership, Shell, Shell Energy Retail GmbH (SERG), Shell Energy Retail Limited (SERL), Steve Hill, sustainability
(IN BRIEF) Eni Sustainable Mobility introduces the Enilive brand, marking a significant leap in eco-conscious transportation. Enilive focuses on bio-refining, biomethane production, and smart mobility solutions like the Enjoy car sharing service. With over 5,000 Enilive Stations in Europe, the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Marketing, Media
Tagged bio-LPG, bio-refining, biogenic fuels, biomethane, biomethane production, bitumen, decarbonisation process, electricity, energy transition, Eni, Eni Sustainable Mobility, Enilive, fuels, HVO, hydrogen, hydrogenated vegetable oil, lubricants, smart mobility solutions
(IN BRIEF) Technip Energies and Versalis, the chemical subsidiary of Eni, have partnered to integrate their advanced recycling technologies, Hoop®, Pure.rOilTM, and Pure.rGasTM. This collaboration aims to create an innovative platform for chemical recycling of plastic waste, forming an endless … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Italy, Technology
Tagged Adriano Alfani, chemical recycling of plastic waste, energy transition, Eni, Hoop®, Marco Villa, plastic waste, plastic waste recycling, polymers, Pure.rGasTM, Pure.rOilTM, purification technologies, pyrolysis process, T.EN, Technip Energies, Versalis
(IN BRIEF) The Volkswagen Group has unveiled a modernized corporate design, replacing its previous look from 2007. The updated design features a new wordmark, font, colors, and design elements, with a shift from “Volkswagen Aktiengesellschaft” to “Volkswagen Group” to emphasize … Read the full press release
(IN BRIEF) Alstom has delivered the first trainset for the Bhopal–Indore metro project to Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) in record time, just fourteen and a half months after receiving the Notice To Proceed. The trainset will be … Read the full press release
(IN BRIEF) Andy Halford, Group Chief Financial Officer (GCFO) and Group Executive Director (GED) of Standard Chartered PLC, has announced his retirement. He will be succeeded by Diego De Giorgi, who will join the company as GCFO Designate on September … Read the full press release
(IN BRIEF) RWE, a prominent renewable energy company, has commenced construction of the 200 MW Montgomery Ranch Wind Farm in Foard County, Texas. This new addition elevates RWE’s wind capacity in Texas to 4.3 GW, capable of powering over 1.2 … Read the full press release
(IN BRIEF) The Lenzing Group, a leading provider of specialty fibers for textiles and nonwovens, has invested over EUR 100 million since 2021 to upgrade its Purwakarta site in Indonesia. The company aims to convert existing production capacity to specialty … Read the full press release
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