Category Archives: News

General News & Press Releases distributed via EuropaWire

Pfizer and BioNTech’s Omicron KP.2-Adapted COVID-19 Vaccine Receives Positive EU Opinion, Awaiting Approval

(IN BRIEF) Pfizer and BioNTech’s Omicron KP.2-adapted COVID-19 vaccine has received a positive recommendation from the European Medicines Agency’s (EMA) CHMP for use in individuals aged six months and older. Pending final approval from the European Commission, the vaccine will … Read the full press release

FluMist Becomes First At-Home Self-Administered Flu Vaccine Approved by FDA

(IN BRIEF) FluMist, a needle-free nasal spray influenza vaccine, has been approved by the FDA for self-administration in the US, making it the first flu vaccine of its kind to be used at home. Adults up to 49 years old … Read the full press release

Garanti BBVA Introduces Türkiye’s First End-to-End Digital Vehicle Loans for Individuals

(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release

Scania Unveils Autonomous Truck and Sustainable Solutions for Agile Mining at MINExpo 2024

(IN BRIEF) At the 2024 MINExpo in Las Vegas, Scania introduced its fully autonomous mining truck and showcased its “Think big, act small” approach to boosting mining efficiency. The company emphasized its focus on payload efficiency, sustainability, and cost-effective solutions … Read the full press release

Loughborough University Wins Sports University of the Year for the Fourth Time, Continuing Athletic and Academic Excellence

(IN BRIEF) Loughborough University has been named Sports University of the Year for the fourth time by The Times and The Sunday Times Good University Guide 2025. This recognition follows a successful summer where athletes linked to the university won … Read the full press release

Reardon Court Extra Care Housing Named ‘Construction Project of the Year’ at National Awards

(IN BRIEF) Reardon Court, an extra care housing project in Enfield, London, has won ‘Construction Project of the Year’ at the Procure Partnerships Framework National Project Excellence Awards 2024. The project, led by Enfield Council and constructed by GRAHAM, provides … Read the full press release

EIB Funds €125 Million Campus Expansion and Affordable Housing at Cyprus University of Technology

(IN BRIEF) The European Investment Bank (EIB) is providing €125 million in loans to the Cyprus University of Technology (CUT) to fund new student housing and upgrade academic, research, and sports facilities in Paphos and Limassol. The project, which will … Read the full press release

EIB Supports Deutsche Glasfaser with €350 Million Loan to Expand High-Speed Internet in Rural Germany

(IN BRIEF) The European Investment Bank (EIB) has granted a €350 million loan to Deutsche Glasfaser to expand fibre-optic broadband access to around 460,000 rural homes and businesses in Germany. This initiative, supported by the EU’s InvestEU programme, addresses the … Read the full press release

Multilateral Banks Boost Climate Finance to Record $125 Billion in 2023, Doubling Private Sector Mobilization

(IN BRIEF) Multilateral development banks (MDBs) have reached a new milestone in climate finance, committing a record $125 billion in 2023. A significant portion, $74.7 billion, was allocated to low- and middle-income countries, primarily for climate mitigation and adaptation. High-income … Read the full press release

European Investment Bank Unveils Global Health and Climate Initiatives at UN General Assembly

(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release

Continental Wins ETM Award 2024 for Excellence in Commercial Vehicle Tires

(IN BRIEF) Continental has won the ETM Award 2024 in the “Tires” category, based on a readers’ poll by ETM, recognizing its excellence in commercial vehicle tires. The award highlights Continental’s innovative Generation 5 tire line, which enhances fuel efficiency, … Read the full press release

Continental Unveils Hydraulic Bushings That Cut Train Maintenance Costs and Improve Passenger Comfort

(IN BRIEF) Continental has developed a new generation of hydraulic wheelset guiding bushings for trains, offering improved adaptability to track conditions, which enhances passenger comfort and extends the lifespan of critical components. These bushings can be retrofitted without requiring modifications … Read the full press release

Red Sea Expedition Inspires Students to Research Plastic Pollution, Present Findings at MICRO 2024

(IN BRIEF) A field trip to the Red Sea has inspired three SAMS undergraduate students to investigate plastic pollution, which they will present at the MICRO 2024 conference. Their research focuses on plastic waste in Red Sea mangroves and Scottish … Read the full press release

Rheinmetall and MBDA Extend Collaboration in Laser Weapons Technology

(IN BRIEF) Rheinmetall and MBDA Deutschland have renewed their partnership to continue developing laser weapon systems, with plans to launch a maritime-focused drone defense product within five to six years. The collaboration follows successful trials aboard the German Navy’s frigate … Read the full press release

Renewable Energy Veteran Heiko Wuttke to Lead PNE AG as New CEO Starting January 2025

(IN BRIEF) PNE AG has appointed Heiko Wuttke as its new CEO, effective 13 January 2025. Wuttke, with nearly 30 years of experience in renewable energy, will replace Markus Lesser, who stepped down in July 2024. Interim CEO Per Hornung … Read the full press release

Key Changes to ATX Indices: Mayr-Melnhof and Wienerberger Join Global Players, AUSTRIACARD Boosts Family Index

(IN BRIEF) Mayr-Melnhof Karton AG and Wienerberger AG will join the ATX Global Players index, replacing BAWAG Group AG after a turnover review. The ATX Global Players index consists of companies generating over 20% of revenue outside Europe, currently featuring … Read the full press release

GT Talent Group Raises €1.5 Million in IPO, Debuts on Euronext Growth Milan with €5.2 Million Market Cap

(IN BRIEF) GT Talent Group, a sports entertainment company specializing in supercar driving experiences and motorsport talent shows, has successfully listed on Euronext Growth Milan. This marks the 16th listing on the Milan market and the 36th on Euronext this … Read the full press release

Ingka Centres Expands Global Footprint with Acquisition of Munich’s Iconic Pasing Arcaden Shopping Center

(IN BRIEF) Ingka Centres, part of the Ingka Group, has signed a purchase agreement to acquire Pasing Arcaden, a popular shopping center in Munich, Germany. The deal, expected to close by Q4 2024, will mark Ingka Centres’ return to Germany … Read the full press release

Cinemark Selects Adyen to Enhance Payment Experience Across 300+ U.S. Theaters

(IN BRIEF) Adyen has been selected as the exclusive payments platform for Cinemark, a major U.S. movie theater chain with over 300 locations. This partnership will streamline payments across various channels, including Cinemark’s website, mobile app, box offices, kiosks, and … Read the full press release

Nagarro Strengthens Data and AI Leadership with Select Partner Status in Databricks Program

(IN BRIEF) Nagarro has achieved Select Partner status in the Databricks Partner Program, emphasizing its expertise in data-driven innovation and AI-powered transformation. The recognition highlights Nagarro’s ability to help businesses, especially in sectors like manufacturing, retail, and healthcare, harness data … Read the full press release

PRK Peter Rieger Konzertagentur and DreamHaus Merge to Form PRK DreamHaus, Strengthening Live Entertainment Presence

(IN BRIEF) PRK Peter Rieger Konzertagentur and DreamHaus, both subsidiaries of CTS EVENTIM, have merged to form PRK DreamHaus. The newly created company will be jointly led by Klaus-Peter (Matze) Matziol and Matt Schwarz, with Tobi Habla joining as an … Read the full press release

Commerzbank and Crypto Finance Partner to Provide Secure Crypto Asset Services for Corporate Clients in Germany

(IN BRIEF) Commerzbank has partnered with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure access to digital assets, specifically bitcoin and ether, for its corporate clients in Germany. Commerzbank will handle crypto asset custody, while Crypto Finance manages … Read the full press release

Bilfinger to Integrate Third Electrolysis Plant for RWE’s Expanding Green Hydrogen Project in Lingen

(IN BRIEF) RWE is expanding its green hydrogen production facility in Lingen, Germany, by adding a third 100 MW electrolysis plant as part of a larger 300 MW project. Bilfinger has been selected to integrate the new plant, handling engineering … Read the full press release

FORVIA HELLA Launches First RGB LED Rear Lamp with Dynamic Light Animations for Geely’s LYNK & CO Z10

(IN BRIEF) FORVIA HELLA has introduced its first RGB LED rear combination lamp with full-color light animations, now in mass production in China. The lamp, featured in the new LYNK & CO Z10 electric sedan by Geely Auto Group, offers … Read the full press release

Ukrainian Innovators Thrive with Green Solutions Amidst War, Supported by EBRD and EU

(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release

VTTI Raises $1.7 Billion to Drive Growth and Sustainability Initiatives by 2028

(IN BRIEF) VTTI has secured $1.7 billion in financing through a mix of US Private Placement Notes, Bank Term Loans, and a Revolving Credit Facility to support its growth and sustainability goals. This refinancing will help VTTI diversify its capital … Read the full press release

Scania Launches ProDriver: A Digital Coaching Service Created for Drivers, by Drivers

(IN BRIEF) Scania has introduced ProDriver, a digital coaching service designed to help professional drivers improve fuel efficiency and adopt sustainable driving habits. The service, which offers potential fuel savings of up to 5%, is accessible via the Scania Driver … Read the full press release

Scania Launches Modular Service Portfolio Across Europe, Enhancing Fleet Support for International Operators

(IN BRIEF) Scania has introduced a new modular service portfolio, Services 360, which allows fleet owners across Europe to access consistent, customized service solutions. This initiative caters to the growing needs of international customers with vehicles operating across borders. The … Read the full press release

ING Accelerates Climate Action with Focus on Client Engagement and Sustainable Financing

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING’s 2024 Climate Progress Update outlines the bank’s enhanced efforts to help clients transition to a low-carbon economy. The report highlights ING’s Terra approach, which focuses on guiding carbon-intensive sectors toward climate goals. ING assessed the sustainability disclosures … Read the full press release

Barclays Cuts Interest Rates on Green Loans to Help UK Farmers Transition to Net Zero

(IN BRIEF) Barclays has reduced interest rates on four of its Green Loans for Business to support UK agriculture and SMEs in their efforts to reduce emissions and enhance biodiversity. This move is part of Barclays’ commitment to financing the … Read the full press release

Global Postal Industry Marks 40% Emissions Reduction on Green Postal Day, Sets Ambitious 2030 Targets

(IN BRIEF) On Green Postal Day 2024, postal companies worldwide celebrated a 40% reduction in CO2 emissions since 2008. These companies are working towards further lowering emissions by 50% by 2030, with a focus on using renewable energy and sustainable … Read the full press release

European Auto Industry Urges Immediate Action as EV Demand Drops, Calls for Accelerated CO2 Regulation Review

(IN BRIEF) The European auto industry, represented by the European Automobile Manufacturers’ Association (ACEA), has called for urgent intervention from EU institutions due to a decline in demand for electric vehicles (EVs). The industry is concerned about meeting the 2025 … Read the full press release

HSBC Deploys Quantum-Secure Technology to Protect Tokenised Gold from Future Cyber Threats

(IN BRIEF) HSBC has successfully piloted quantum-secure technology to protect tokenised physical gold from future cyber threats posed by quantum computing. The bank partnered with Quantinuum to use post-quantum cryptography (PQC) and Quantum Origin technology, safeguarding HSBC’s gold tokens against … Read the full press release

Deutsche Bank Taps Raffael Gasser to Lead Wealth Management & Private Banking in Germany

(IN BRIEF) Deutsche Bank has appointed Raffael Gasser as the new Head of Wealth Management & Private Banking in Germany, starting November 1, 2024. Gasser, who brings extensive experience from UBS and Credit Suisse, will oversee services for affluent and … Read the full press release

Basilea Secures USD 268 Million Agreement with BARDA to Develop Novel Antifungal and Antibacterial Treatments

(IN BRIEF) Basilea Pharmaceutica has entered into a multi-year agreement with the Biomedical Advanced Research and Development Authority (BARDA) to support the development of novel antifungal and antibacterial treatments. The agreement provides an initial USD 29 million, with the potential … Read the full press release

Dutch Water Crisis: University of Twente Professor Urges Investment in Innovative Technologies to Secure Clean Water Future

(IN BRIEF) Professor Wiebe de Vos of the University of Twente has highlighted the urgent need to invest in innovative water technologies to address the Netherlands’ growing water crisis. Despite having some of the world’s best drinking water, the country’s … Read the full press release

UniCredit Bank Austria Launches Emergency Flood Aid Package for Immediate Financial Relief

(IN BRIEF) In response to the severe flooding in Austria, UniCredit Bank Austria has introduced an emergency aid package to support affected individuals and businesses. The package offers fast, unbureaucratic financing with up to €50,000 in overdraft facilities at a … Read the full press release

MAN Unveils 2025 Lion with New PowerLion Drivetrain for Greater Efficiency and Comfort

(IN BRIEF) At the IAA Transportation 2024, MAN Truck & Bus unveiled the 2025 model of the MAN Lion, featuring improved fuel efficiency, lower CO2 emissions, and enhanced driver comfort. The new PowerLion drivetrain, including the D30 engine and TipMatic … Read the full press release

University of Glasgow Scientists Break New Ground with High-Energy Quantum Entanglement at CERN

(IN BRIEF) Researchers from the University of Glasgow, working with the ATLAS experiment at CERN’s Large Hadron Collider (LHC), have made a groundbreaking discovery by observing quantum entanglement between top quarks at the highest energies ever studied. This is the … Read the full press release

METLEN Expands FemStem Initiative to Empower Women in STEM with New Training Cycle

(IN BRIEF) METLEN Energy & Metals, in partnership with Knowl, continues its support for the FemStem Initiative, aimed at reducing gender inequality in STEM fields. The six-month program provides women with 30 hours of training in essential skills, career counseling, … Read the full press release