(IN BRIEF) The NatWest SME PMI® Tracker for Q3 2023 indicates a modest reduction in business activity among UK small and medium-sized enterprises (SMEs) in September. Despite this decline, SMEs reported marginal employment gains, while large enterprises saw a renewed … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Business Activity, Employment, James Holian, NatWest, PMI® Tracker, Sebastian Burnside, SMEs, UK
(IN BRIEF) Orange has launched the “AMITIE” mega submarine telecommunications cable, providing a transatlantic route connecting the United States and France. With a length of 6,800 km, 16 fiber pairs, and a capacity of 400 Tbps, AMITIE connects Lynn near … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Investment, Management, News, Technology, Telecom
Tagged AMITIE, Jean-Louis Le Roux, Orange, partnership, Subsea Cable, sustainability, Transatlantic Connectivity
(IN BRIEF) Continental has acquired KINEXON’s specialist division for on-board operating systems used in autonomous mobile robots (AMR). This acquisition strengthens Continental’s position in the field of mobile robotics and expands its expertise in software and hardware for AMRs. The … Read the full press release
(IN BRIEF) Servier, a global pharmaceutical group, has partnered with Owkin, a biotech company specializing in AI-driven drug discovery and diagnostics, to accelerate the development of better-targeted therapies in various disease areas, including oncology. The collaboration aims to leverage AI … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, France, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged AI, Claude Bertrand, Disease Treatment, INNOVATION, oncology, Owkin, partnership, Servier, sustainability, therapies, Thomas Clozel
(IN BRIEF) British Gas and Dimplex have collaborated to introduce the British Gas Dimplex Quantum Tariff, a groundbreaking electric storage heating tariff designed for use with the Dimplex Quantum Storage Heater. This advanced heating solution offers lower rates than typical … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged 5G-Enabled Electric Storage Heating Tariff, British Gas, British Gas Dimplex Quantum Tariff, Catherine O’Kelly, Centrica, Conor Sugrue, Dimplex Quantum Storage Heater, Glen Dimplex, innovative, partnership, sustainability
(IN BRIEF) Vodafone Business and Snam, a leading natural gas infrastructure company in Europe, have entered into an agreement to establish a private 5G hybrid network infrastructure integrated into the Vodafone network, covering Snam’s 23 plants across Italy. This marks … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Telecom, United Kingdom
Tagged 5G Mobile, Alessandro Magnino, energy sector, Giorgio Veronesi, Hybrid, Italy, partnership, Snam, sustainability, vodafone
(IN BRIEF) The Nordic Investment Bank (NIB) and Stockholm Exergi Holding AB (Publ) have signed a 10-year SEK 1,300 million loan agreement to support critical energy infrastructure projects in Stockholm. This partnership aims to upgrade the district heating network, modernize … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Anders Egelrud, André Küüsvek, Green Energy, investment, KVV1, NIB, partnership, Stockholm Exergi, sustainability
(IN BRIEF) Zinnwald Lithium Plc (“Zinnwald Lithium”) and Metso are making significant progress in developing a beneficiation plant concept for the Zinnwald Lithium Project, located near Dresden, Germany. This project aims to supply battery-grade lithium hydroxide (LiOH) to the European … Read the full press release
(IN BRIEF) Safran Landing Systems has entered into a five-year agreement with Wizz Air to perform Maintenance, Repair, and Overhaul (MRO) operations on 57 aircraft from its A320 family fleet. The MRO services will be conducted at Safran Landing Systems’ … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Industrial, Investment, Management, News, Technology
Tagged A320, Bruno Chiarelli, Family Landing Gear Maintenance, Julia Brix, partnership, Safran, Wizz Air
(IN BRIEF) CFM has introduced an upgraded High-Pressure Turbine (HPT) blade designed to enhance the durability of its CFM56-5B and CFM56-7B engines. This new blade design incorporates insights from millions of engine field hours and includes improvements like increased wall … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged CFM, CFM56 engines, durability, High-Pressure Turbine Blade, Jacey Welsh, Jérôme Morhet, partnership, Safran, sustainability
(IN BRIEF) Vitesco Technologies and Infineon Technologies are deepening their longstanding partnership to enhance efficiency and system costs in electrified vehicles. Under a multi-year agreement set to commence in 2027, Vitesco Technologies will integrate Infineon’s AURIX™ TC4x microcontroller family into … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged e-mobility, Infineon, partnership, Peter Schiefer, sustainability, Thomas Stierle, Vitesco Technologies
(IN BRIEF) Kuehne+Nagel and SATS Ltd have formalized a Memorandum of Understanding (MoU) to establish a strategic collaboration aimed at enhancing value chain efficiencies and sustainability within the air logistics industry. This partnership builds on their successful joint efforts in … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Industrial, Investment, News, Switzerland, Technology, Transportation & Logistics
Tagged air logistics, Kerry Mok, Kuehne+Nagel, partnership, SATS, sustainability, Yngve Ruud
(IN BRIEF) FLSmidth Mining is strengthening its worldwide service network by expanding service centers in Karaganda, Kazakhstan, and Tucson, USA. In Karaganda, the existing service center will grow significantly, providing enhanced service capabilities for heavy mining products. In Tucson, a … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged and Tucson, FLSmidth, Joshua Meyer, Karaganda, Kazakhstan, Mining Industry, partnership, sustainability, USA
(IN BRIEF) wpd, a leading global developer and operator of wind and solar farms, has secured grid access for two wind farms, Broboberget and Lannaberget, in Sweden. The grid connection agreement with Ellevio allows for up to 740 MW of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Broboberget, Ellevio, Green Energy, Johanna Bohn, Lannaberget, partnership, sustainability, Sweden, wind farms, WPD
(IN BRIEF) The European Investment Bank (EIB) and Commerzbank have established a guarantee program to support medium-sized businesses in Germany and the EU. Companies with 250 to 3,000 employees can apply for long-term loans through Commerzbank, with a total of … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Germany, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Andreas Kern, Commerzbank, EIB, medium-sized businesses, partnership, sustainability
(IN BRIEF) Ericsson’s Wallet Platform has been ranked as the number one digital wallet platform vendor by Juniper Research. Additionally, it received the ‘Best Digital Wallet Platform’ award at the Future Digital Awards for Fintech & Payments 2023 by Juniper … Read the full press release
Posted in Awards, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Awards, digital transformation, Digital Wallet Platform, Ericsson, Financial, fintech, Juniper Research, Michael Wallis-Brown, partnership
(IN BRIEF) Appalachian Wireless, an East Kentucky Network (EKN) company, has selected Ericsson for a multi-year Radio Access Network (RAN) modernization project to bring 5G technology to underserved communities in eastern Kentucky. This partnership aims to bridge the digital divide … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G connectivity, Appalachian Wireless, Eastern Kentucky, Ericsson, modernization, partnership, RAN, sustainability
(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Industrial, Investment, Management, News, Ukraine
Tagged Ajay Banga, Carlo Monticelli, CEB, EBRD, EIB, Odile Renaud-Basso, partnership, reconstruction, sustainability, UKRAINE, Werner Hoyer, World Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has supported the growth and sustainability of Mongolian leather producer Maris through its advisory services. Maris, founded by Enkhnasan Tumen-Ulzii, focuses on sustainable leather production and uses innovative vegetable tanning … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, Leather Brand, Maris, Mongolian, Ms. Enkhnasan Tumen-Ulzii, partnership, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are supporting the reconstruction of a 34 km stretch of railway between Durres and Tirana in Albania, marking the first major investment in the country’s … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Albanian Railways, Bashkim Kasoruho, Durres, EBRD, Ekaterina Solovova, EU Support, Gentian Liko, Lira Bejo, partnership, pollution, Tirana, Traffic Congestion
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