(IN BRIEF) Voyager Space and Airbus Defence and Space have jointly announced a transatlantic agreement to develop and operate Starlab, a commercial space station intended to succeed the International Space Station. Voyager was awarded a $160 million Space Act Agreement … Read the full press release
Posted in Aviation & Aerospace, Business, France, Industrial, Infrastructure & Utilities, Science, Technology
Tagged aeronautics, Airbus, Airbus Defence and Space, Commercial Low Earth Orbit Development Program, commercial space station, ESA, European Space Agency, International Space Station, Jean-Marc Nasr, LEO, low-Earth orbit, Matthew Kuta, NASA, Space Act Agreement, space exploration, Starlab, Voyager, Voyager Space
(IN BRIEF) Wizz Air, the fastest-growing European ultra-low-cost airline, has finalized an agreement for an additional 75 A321neo Family aircraft, elevating their total order for the Airbus single-aisle family to 434 and their A320 Family overall order to 565 aircraft. … Read the full press release
(IN BRIEF) Vivendi will sponsor the 80th Venice International Film Festival, and Canal+ original series “D’Argent et de Sang” will premiere at the event. Vivendi and Canal+ Group will partner with Screens of Tomorrow to promote inclusive and sustainable storytelling. … Read the full press release
Posted in Art & Culture, Business, Entertainment, France, Industrial, Management, Media, News
Tagged Arnaud de Puyfontaine, Canal+, D'Argent et de Sang, Maxime Saada, Niels Schneider, Original Series, partnership, Ramzy Bedia, Venice International Film Festival, Vincent Lindon, Vivendi, Xavier Giannoli, Yannick Bolloré
(IN BRIEF) Wacker Chemie AG has completed the expansion of its hyperpure hydrogen chloride production at its Burghausen site in Germany. The facility’s commissioning in mid-July has significantly increased overall production, meeting the growing demand from the semiconductor industry. Ultrapure … Read the full press release
(IN BRIEF) Savills, acting on behalf of MVJ Capital, has successfully sold the In ‘N’ Out Centres, Drive Thru MOT, and Servicing Centre in Cardiff to a private property company for £1.35 million. The property, spanning 3,682 sq ft, features … Read the full press release
Posted in Automotive, Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged Cardiff, In 'N' Out Centres, Matthew Pearcey, MVJ Capital, Ross Griffin, Savills
(IN BRIEF) Navantia Seanergies and SeAH have signed a collaboration agreement to develop offshore wind energy in Asian countries, with a focus on South Korea and the American west coast. South Korea has set a target of 12 GW of … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Spain
Tagged Abel Méndez, ASIA, Australia, Javier Herrador, Juan Kim, Kwonhan Lee, Navantia Seanergies, Offshore wind, partnership, SeAH, South Korea, sustainability, United States
(IN BRIEF) Schneider Electric has launched a Managed Security Services (MSS) offering to assist customers in operational technology (OT) environments in dealing with the growing cyber risk related to remote access and connectivity technologies. The MSS solution, powered by Schneider … Read the full press release
(IN BRIEF) Rheinmetall AG has completed its acquisition of Expal Systems S.A.U., a renowned ammunition and armament manufacturer, for about €1.2 billion. The takeover enhances Rheinmetall’s position as a key supplier for NATO armed forces, expanding its ammunition production capacity … Read the full press release
Posted in Business, Defence, Germany, Government, Industrial, Management, News, Security & Safety
Tagged acquisition, Ammunition, Expal Systems, NATO armed forces, partnership, Rheinmetall
(IN BRIEF) BILD TV, in cooperation with Dyn, will start showing one selected top match of the Handball Bundesliga live on free TV on every matchday from August 27, 2023. The kickoff will be the match between THW Kiel and … Read the full press release
Posted in Business, Entertainment, Germany, Industrial, Management, Media, News, Sports
Tagged Air Live, Axel Springer, BILD TV, Carli Underberg, Dyn, Handball Bundesliga Matches, partnership, sport, Valentina Maceri
(IN BRIEF) ING has announced that it repurchased 1,588,973 shares during the week of 24 July 2023, as part of its €1.5 billion share buyback program launched on 11 May 2023. The shares were repurchased at an average price of … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING
(IN BRIEF) The KfW ifo Credit Constraint Indicator for Germany shows that financial institutions responded more cautiously to loan applications from corporate customers in the second quarter after easing credit access in the first quarter. Among SMEs, 25.6% experienced restrictive … Read the full press release
Posted in Banks, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Small Business
Tagged Cautious, Corporate customers, Dr Fritzi Köhler-Geib, KfW, KfW ifo Indicator, Loan Negotiations, SMEs
(IN BRIEF) Bosch is expanding its semiconductor business to meet the increasing global demand for chips and sensors in the automotive and consumer goods industries. The company has opened a new test center for chips and sensors in Penang, Malaysia, … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged automotive, Bosch, chips, consumer goods, Dr. Markus Heyn, Dr. Stefan Hartung, Malaysia, Penang, semiconductor, Sensors, Test Center
(IN BRIEF) Vodafone Business and Nokia have developed a new cloud-based converged charging system, Nokia’s Converged Charging (NCC) software, to enable easy adoption of future 5G services for customers and strategic partners. The platform allows pricing and packaging of new … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology, Telecom
Tagged 5G Service, Alberto Ripepi, Converged Charging (NCC) System, Hamdy Farid, Nokia, partnership, vodafone
(IN BRIEF) BASF, a leading chemical company, plans to increase the production capacity of its medium-molecular weight polyisobutenes (OPPANOL® B) at its Ludwigshafen site in Germany by 25%. The decision comes in response to the growing global demand for high-quality … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged B Polyisobutenes, BASF, Dr. Tanja Rost, INNOVATION, Lena Adam, OPPANOL®, sustainability
(IN BRIEF) Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, has partnered with Energia Group to co-develop offshore wind projects in Ireland. The partnership aims to deliver a total capacity of up to 1.8 GW by … Read the full press release
(IN BRIEF) HSBC and B2B fintech Tradeshift have announced a partnership to establish a jointly-owned business focused on developing embedded finance solutions and financial services apps. HSBC will invest $35 million in Tradeshift and join its board. The joint venture … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Barry O'Byrne, Christian Lanng, Finance Solutions, Financial, Fintech Apps, HSBC, partnership, Tradeshift
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching its Youth in Business Programme in Albania, aimed at supporting young entrepreneurs’ financial inclusion. The program will provide a €1 million loan to Union Bank for lending to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Albania, Business Programme, EBRD, Ekaterina Solovova, financial inclusion, Flutura Veipi, SMEs, Union Bank, young entrepreneurs, YOUTH
(IN BRIEF) Wintershall Dea, in partnership with the Egyptian Natural Gas Holding Company (EGAS), has achieved zero routine flaring at the DISOUCO Joint Venture in Egypt, becoming the first company in the country to do so. This accomplishment is part … Read the full press release
(IN BRIEF) Groupe Bruxelles Lambert (GBL) announces an enhanced shareholder return plan through an accelerated share buyback program. Having executed 26% of its initial EUR 500 million share buyback, GBL will reinstate the program with an additional EUR 130 million, … Read the full press release
Posted in Belgium, Business, Chemicals, Financial, Industrial, Investment, Management, News
Tagged buyback program, Financial, Groupe Bruxelles Lambert (GBL), Ian Gallienne, investment
(IN BRIEF) CSC Costruzioni, the Swiss subsidiary of the Webuild Group, along with its consortium partners, has been awarded a €157 million highway maintenance contract in the Canton of Ticino, Switzerland. The contract is part of the “USTRA EP 28 … Read the full press release
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