(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Andrew Wong, appointment, Arjan Toor, CEO Health, Customer Trust, leadership, Prudential, Solmaz Altin, transformation
(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release
(IN BRIEF) On January 15, 2024, Outokumpu announced the completion of its share repurchase program, where it repurchased its own shares across different trading venues. The total cost of these repurchases amounted to EUR 453,926.84. This program was initiated in … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, treasury shares
(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged EFL, EIB, Marjut Falkstedt, partnership, Poland, Projects, Radosław Woźniak, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The Volvo Group has entered into an option agreement with John Cockerill Defense, allowing Volvo to potentially sell Arquus, a company specializing in defense vehicle manufacturing. The agreement requires consultations with employee representative bodies, expected to conclude in … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Arquus, John Cockerill Defense, partnership, Volvo Group
(IN BRIEF) The German Academic Exchange Service (DAAD) has released guidelines for academic collaboration with China, favoring a realpolitik approach in line with the German government’s China strategy. The guidelines provide three general principles for German higher education institutions dealing … Read the full press release
Posted in Business, Education, Financial, Germany, Government, Industrial, Investment, Management, News, Politics
Tagged academic, CHINA, DAAD, partnership, Professor Dr Joybrato Mukherjee, Realpolitik
(IN BRIEF) The German military, Bundeswehr, has awarded Rheinmetall a significant contract worth nearly €50 million for over 470,000 decoy flares from Rheinmetall’s Birdie product line. These infrared decoy flares are used to distract incoming infrared-homing guided missiles and simulate … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Aircraft Decoy Flares, Bundeswehr, partnership, Rheinmetall, sustainability
(IN BRIEF) BT has confirmed its commitment to sponsor all four Welsh professional rugby union teams, including Ospreys, Cardiff Rugby, Scarlets, and Dragons, until the conclusion of the 2023-24 season. This marks a decade of continuous sponsorship, making it one … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Sports, Technology, Telecom, United Kingdom
Tagged BT Group, Cardiff Rugby, Dragons, football, Matt Stevenston, Ospreys, partnership, Scarlets, Simon Muderack, sponsorship, sports, sustainability, Welsh Rugby Union Sides
(IN BRIEF) According to the latest report by the Capgemini Research Institute, business leaders are entering 2024 with a heightened sense of optimism compared to the previous year, with 56% expressing confidence in their organization’s future growth despite ongoing global … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Aiman Ezzat, business leaders, Capgemini, Financial, investments, sustainability, technology
(IN BRIEF) Thuraya, the mobile satellite services operator based in the United Arab Emirates, has completed a successful migration and upgrade of its monetization systems with Ericsson. The upgrade involved deploying the latest Ericsson Billing and Ericsson Charging solutions, resulting … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged billing, charging systems, Ericsson, Ericsson Billing, Ericsson Charging, Khalid Al Kaf, Monetization, Nicolas Blixell, partnership, sustainability, Thuraya, UAE, Yahsat
(IN BRIEF) Saint-Gobain, a global leader in sustainable building materials, is set to acquire Glass Service a.s., a provider of digital solutions for glass furnaces. This acquisition will enhance Saint-Gobain’s digital services by incorporating advanced control systems and simulation software … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, France, Industrial, Investment, Technology
Tagged acquisition, AI, artificial intelligence, CAP RENOV, concrete management system, digital services, Digital Twins, energy consumption, GCP, glass furnaces, Glass Service a.s., Internet of Things, IoT, MaPrimeRénov, Newboot, Nova, Plantformance, reduce carbon footprint, Saint-Gobain, SOLU+, Sysdyne Technologies, VERIFI®
(IN BRIEF) Holzmanufaktur Dittus GmbH, a woodworking company, has found a cost-effective and efficient solution for its CNC machining center, the Rover C6 from Biesse. They have adopted Schmalz’s VCBL-B vacuum blocks as a replacement for the original clamping equipment, … Read the full press release
(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN), a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced an asset purchase agreement with Spexis AG (SIX: SPEX) for a preclinical antibiotics program aimed at combating Gram-negative bacteria, including … Read the full press release
(IN BRIEF) On January 12, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 144,091 of its own shares from various trading venues at an average price of EUR 4.09 per share, totaling EUR 588,853.23. This buyback … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) On January 11, 2024, Outokumpu announced the successful completion of its share repurchase program, buying back a total of 223,307 of its own shares across various trading venues at a weighted average price of EUR 4.04 per share, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Share Repurchases
(IN BRIEF) Siemens Digital Industries Software has joined forces with Voltaiq to revolutionize battery manufacturing, addressing the increasing demand for battery-powered products. The collaboration combines Siemens’ Insights Hub™ and Voltaiq’s Enterprise Battery Intelligence™ to offer unmatched capabilities for battery-focused companies. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Battery Industry Advancement, partnership, Raymond Kok, Siemens, sustainability, Tal Sholklapper, USA, Voltaiq
(IN BRIEF) Rheinmetall’s mobile Skyranger 30 air defence system has achieved a significant milestone as it moves closer to series production. The successful testing and live-fire campaign of the Skyranger 30 A1 configuration in December 2023 marked an important step … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Denmark, Germany, Hungary, Rheinmetall, Skyranger 30 Air Defence System, Switzerland
(IN BRIEF) Bouygues Construction’s Swiss subsidiary, Losinger Marazzi, has been awarded four building projects in Switzerland with a combined value of 401 million Swiss francs (€410 million). These projects are dedicated to sustainability and low-carbon solutions, aligning with the country’s … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Switzerland
Tagged Aarerain, Aux Acacias, Bouygues, Building Projects, Losinger Marazzi, partnership, Pascal Bärtschi, Quarz'Up, Seetalplatz Cantonal Administrative Centre, sustainability, Switzerland
(IN BRIEF) Prudential plc has revealed that Prudential Life Assurance (Thailand) Public Company Ltd (PLT) has entered into a decade-long bancassurance partnership with CIMB Thai Bank Public Company Limited (CIMB Thai), establishing PLT as the exclusive life insurance partner for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged CIMB Thai Bank, Dennis Tan, partnership, Prudential, sustainability, THAILAND
(IN BRIEF) Leadec, a global service specialist for factories throughout their life cycle, is extending its presence to Spain and Portugal, increasing its reach to 16 countries. The expansion allows industrial companies in the Iberian Peninsula to access Leadec’s technical … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain
Tagged facility management services, Georgi Tschumburidse, Leadec, Markus Glaser-Gallion, partnership, Paulina Lujan, PORTUGAL, Spain, sustainability
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