(IN BRIEF) Trust, Singapore’s first digitally-native bank, has achieved rapid growth since its launch in September 2022, with over 600,000 customers within one year, making it one of the world’s fastest-growing digital banks. In its commitment to environmental sustainability, Trust … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged eco-friendly, Hasan Khan, Nassir GHROUS, Ocean Plastic®, partnership, Payment Card, Singapore, sustainability, Thales, Trust Bank
(IN BRIEF) Thales has been awarded a contract to supply the Royal Malaysian Air Force (RMAF) with the GM400α long-range radar system, including complete station infrastructure. The award ceremony, attended by the Ministers of Defence of Malaysia and France, followed … Read the full press release
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) Alfa Laval, a leading provider of separation and fluid handling solutions, is teaming up with Swiss engine designer WinGD to advance the development of ammonia as a future fuel for marine vessels. As part of their ongoing ammonia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Switzerland, Technology, Transportation & Logistics
Tagged Alfa Laval, Ammonia-Fueled Engine, carbon-free, partnership, Sebastian Hensel, shipping, sustainability, Viktor Friberg, WinGD
(IN BRIEF) ING has announced that it repurchased 22,450,729 shares during the week of December 4 to December 8, 2023, as part of its €2.5 billion share buyback program initiated on November 2, 2023. These shares were acquired at an … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares, sustainability
(IN BRIEF) Scientists at Imperial College London have partnered with the Vodafone Foundation’s DreamLab app to create the world’s first accurate tropical cyclone maps. These maps, made freely available to the public, help visualize areas at risk of tropical cyclones … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Accurate Tropical Cyclone Maps, DreamLab App, hurricanes, Imperial College London, partnership, Smartphone Power, sustainability, tropical cyclone, typhoons, vodafone
(IN BRIEF) BASF has introduced Irgastab® PUR 71, an innovative anti-scorch solution designed to meet regulatory standards and deliver exceptional performance without the use of aromatic amines, addressing the limitations of conventional additives. In the manufacturing of polyurethane foams, the … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Anti-Scorch Solution, BASF, Dr. Bettina Sobotka, Irgastab® PUR 71, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) In Azerbaijan, furniture manufacturer Foriella, led by Owner and Director Farman Islamli, is harnessing innovation and quality craftsmanship to expand its presence in domestic and international markets. Seeking assistance from the European Bank for Reconstruction and Development (EBRD), … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Azerbaijani, craftsmanship, EBRD, Farman Islamli, Foriella, furniture, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is facilitating environmentally friendly investment in Jordan through its Green Economy Financing Facility (GEFF) by granting a $15 million (€13.8 million) loan to the Housing Bank (HBTF). This funding package … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Ammar Safadi, EBRD, GEFF, Green Investment, Gretchen Biery, Housing Bank, JORDAN, partnership, Pierre-Christophe Chatzisavas, sustainability
(IN BRIEF) In a significant development, the European Investment Bank (EIB) has approved a €100 million loan to support WIRO Wohnen in Rostock Wohnungsgesellschaft mbH, the municipal housing company in Rostock, Germany. This funding will aid WIRO in constructing 561 … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Affordable, Ambroise Fayolle, EIB, partnership, Ralf Zimlich, Rostock, sustainability, sustainable housing, WIRO
(IN BRIEF) The European Investment Bank (EIB) has signed a €70 million loan agreement with Stichting Vivium Zorggroep to support the organization’s investment plans until 2030. Vivium plans to modernize its building management approach, adapt its facilities for new care … Read the full press release
Posted in Banks, Business, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Real Estate
Tagged Elderly Care Facilities, Erwin Melger, European Investment Bank, Kris Peeters, Marco Wisse, Netherland, partnership, sustainability, Vivium Zorggroep
(IN BRIEF) Airbus SE has reported a series of share buyback transactions as part of its ongoing share buyback program, initiated on November 20, 2023. The purpose of this program is to partially fund Airbus’ Employee Share Ownership Plan (ESOP). … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Airbus SE, employee share ownership plan, Financial, investment, share buyback
(IN BRIEF) Accenture has signed a strategic agreement with the Commercial Bank of Dubai (CBD) to support its technology transformation program, aiming to enhance its banking services for both personal and business customers. Under the agreement, Accenture will establish a … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, Ali Imran, Commercial Bank of Dubai, David Parker, partnership, Technology Transformation Program
(IN BRIEF) French online printer Realisaprint.com has become the world’s first company to install the RICOH Pro Z75 B2 perfecting sheetfed inkjet platform after its successful beta testing at Heeter in America. Founded in 2007, Realisaprint.com offers commercial printing services … Read the full press release
(IN BRIEF) ABB has entered into an agreement with Gravitricity, a UK-based gravity energy storage company, to collaborate on the development and implementation of gravity energy storage systems in disused mines. Gravitricity’s innovative GraviStore system utilizes heavy weights in underground … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Abandoned Mines, ABB, Charles Bennett, Gravitricity, Gravity Energy Storage, Martin Wright, partnership, sustainability
(IN BRIEF) Lagardère acknowledges that its shareholder, Vivendi SE, has unanimously approved the extension of the exercise period for the rights to sell Lagardère shares until June 15, 2025. This extension maintains the terms and conditions outlined in the public … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, News, Retail, Travel
Tagged acquisition, Financial, investment, Lagardère, shareholder, Vivendi
(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged acquisition, EQT, EQT Infrastructure, Heritage Environmental Services, Industrial Waste Management, Jeff Laborsky, Juan Diego Vargas, Nomura Greentech, partnership, sustainability
(IN BRIEF) PGNiG Upstream Norway, a part of the ORLEN Group, has signed an agreement with Horisont Energi AS to acquire a 50% interest in the CO2 exploration license Polaris in the Barents Sea. This partnership signifies a significant step … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged Barents Sea, Bjørgulf Haukelidsæter Eidesen, Carbon Storage Project, Daniel Obajtek, Horisont Energi, ORLEN, partnership, PGNiG Upstream Norway, sustainability
(IN BRIEF) The U.S. Navy is purchasing Saab’s Double Eagle family of undersea vehicles, known for their safety and operational reliability, as part of a Foreign Military Sales (FMS) program for the State of Kuwait’s Naval Force. This advanced system, … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Double Eagle Undersea Vehicles, Erik Smith, Killian Swift, Kuwait's Naval Force, partnership, Saab, SAROV, U.S. Navy
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