(IN BRIEF) Mercedes-Benz unveils its new MBUX Virtual Assistant powered by generative AI, transforming the car-driver relationship with natural conversation. This development, showcased at CES 2024, brings a more natural and intuitive interface to Mercedes-Benz vehicles, allowing for proactive support … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged CES 2024, entertainment, generative AI, Hyper-Personalized In-Car, Magnus Östberg, Markus Schäfer, MBUX Virtual Assistant, Mercedes-Benz, USA
(IN BRIEF) AXA has successfully placed Euro 1.5 billion of Restricted Tier 1 Notes with institutional investors, meeting Solvency II requirements. The initial fixed interest rate is 6.375% per annum until January 16, 2034, after which it resets every five … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, Financial, institutional investors, investment, Restricted, Tier 1 Notes
(IN BRIEF) Volkswagen celebrates one year of its Volkswagen Group Art4All initiative, which offers free access to the Neue Nationalgalerie in Berlin every Thursday between 4 and 8 p.m. The initiative aims to make art and culture accessible to a wide … Read the full press release
Posted in Art & Culture, Automotive, Business, Financial, Germany, Industrial, Investment, Management, Media, News
Tagged Art4All, Benita von Maltzahn, Klaus Biesenbach, Neue Nationalgalerie, partnership, Volkswagen
(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million quasi-equity loan to GDI, a US-based company with an affiliate in the Netherlands, to develop silicon anode technology for batteries. This technology aims to replace graphite in batteries … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged Ambroise Fayolle, Battery Performance, EIB, GDI, innovative, Netherlands, partnership, Rob Anstey, Silicon Anode Technology, sustainability, USA
(IN BRIEF) EIB Global has announced a $30 million equity investment in the Seedstars Africa Ventures I venture capital fund to support innovative entrepreneurs in Africa. This investment aims to provide improved access to risk capital for startups and innovative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Africa, Ambroise Fayolle, Bruce Nsereko Lule, digitalisation, EIB, EIB Global, entrepreneurs, European Union, INNOVATION, investments, job creation, Margaritis Schinas, Maxime Bouan, partnership, Robert Daussun, Seedstars Africa Ventures, Stéphanie Casciola, sustainability, Tamim El Zein
(IN BRIEF) A new report emphasizes the significant role of mid-sized enterprises, known as mid-caps (firms with 250 to 3,000 employees), in driving Europe’s economic transition. Published jointly by the European Investment Bank and the European Policy Centre, the report … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Debora Revoltella, economic transition, EIB, Europe, Gelsomina Vigliotti, Mid-Caps
(IN BRIEF) The European Commission has announced measures to empower young Europeans and enhance their influence on EU policies. Building upon the achievements of the 2022 European Year of Youth, these actions aim to involve young people in EU policymaking … Read the full press release
Posted in Business, Education, European Union, Government, Industrial, Luxembourg, Management, Media, News, Politics
Tagged EU policies, European, European Commission, Iliana Ivanova, influence, Margaritis Schinas, Year of Youth, young people
(IN BRIEF) TomTom, the location technology specialist, has achieved a significant milestone with the launch of TomTom Orbis Maps, featuring an industry-leading 86 million kilometers of transportation networks coverage. Leveraging AI, machine learning, and the rich data of OpenStreetMap (OSM), … Read the full press release
(IN BRIEF) Ericsson, T-Mobile, and Qualcomm Technologies have achieved unprecedented download speeds exceeding 3.6Gbps using a six-component carrier aggregation (6CC) on a live production 5G network, setting a groundbreaking milestone. This test harnessed the power of 5G carrier aggregation, combining … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, 5G Speeds, Carrier Aggregation, download speeds, Durga Malladi, Ericsson, Fredrik Jejdling, partnership, Qualcomm, sustainability, T-Mobile, Ulf Ewaldsson
(IN BRIEF) Ericsson and MTN Group have deepened their collaboration to advance mobile financial services and promote financial inclusion across Africa. This partnership will leverage MTN’s Mobile Money (MoMo) service on the Ericsson Wallet Platform to provide a wide range … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Africa, Ericsson, Ericsson Wallet Platform, Michael Wallis-Brown, Mobile Financial Services, Mobile Money (MoMo), MTN Group, partnership, Serigne Dioum, sustainability
(IN BRIEF) São Paulo’s inaugural ‘The Town’ music, culture, and art festival, held from September 2nd to 10th, 2023, provided an immersive experience for attendees with the help of Vivo and Ericsson’s 5G infrastructure. To serve the estimated 500,000 festivalgoers, … Read the full press release
Posted in Business, Entertainment, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology, Telecom
Tagged 'The Town' Festival, 5G solutions, connectivity, Debora Bortolasi, Elmo Matos, Ericsson, Ericsson RAN, Massive MIMO radios, Network slicing, partnership, São Paulo, sustainability, Vinícius Dalben, vivo
(IN BRIEF) Ericsson, a global leader in telecommunications, has named Daniel Ode as the Head of Ericsson for Singapore, Brunei, Philippines, and Head of Global Customer Unit (GCU) Singtel Group in Market Area Southeast Asia, Oceania & India (MOAI). With … Read the full press release
Posted in Business, Government, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged appointment, Brunei, Daniel Ode, Ericsson, Global Customer Unit, leadership, Nunzio Mirtillo, PHILIPPINES, Singapore, Singtel Group
(IN BRIEF) RWE, a global leader in renewable energies, has achieved a significant milestone by connecting its 20th onshore wind farm to the grid in Poland. The Żnin wind farm, located in Kujawsko-Pomorskie, boasts 16 wind turbines with a total … Read the full press release
(IN BRIEF) Taiwanese airline EVA Air has confirmed its order for 18 long-range A350-1000s and 15 single-aisle A321neo aircraft from Airbus. This decision marks EVA Air as the latest global airline to choose the A350-1000 for its long-haul operations and … Read the full press release
(IN BRIEF) SAP SE has made strategic changes to its Executive Board, effective April 1, 2024, to drive cloud growth and innovation. A new Board area, Customer Services & Delivery, led by Thomas Saueressig, aims to support customers in their … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged appointment, Cloud Growth, Executive Board, leadership, Muhammad Alam, Professor Hasso Plattner, SAP, Thomas Saueressig
(IN BRIEF) Outokumpu has successfully concluded its share buyback program, which began on November 29, 2023, by repurchasing a total of 189,732 of its own shares across various trading venues. The buyback program, approved by the Board of Directors, had … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) Vattenfall has achieved a significant milestone by completing the Vesterhav Syd offshore wind farm, connecting it to the Danish power grid. All 20 wind turbines at the site are now operational, supplying fossil-free electricity to approximately 170,000 Danish … Read the full press release
(IN BRIEF) Hydro has achieved a significant reduction in the carbon footprint of its Hydro CIRCAL recycled aluminum, lowering it to 1.9 kg of CO2e/kg aluminum from the previous 2.3 kg of CO2e/kg. This achievement is the result of advancements … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Norway
Tagged carbon footprint, Hydro, Hydro CIRCAL, Ingrid Guddal, Recycled Aluminum, sustainability
(IN BRIEF) Lindner introduces SPREADline, a new perforation option for ceiling surfaces that combines aesthetic appeal with functionality. The SPREADline perforation Rsl 130-10 provides a visually seamless appearance reminiscent of plasterboard ceilings with scattered perforations, featuring almost invisible joints. These … Read the full press release
Posted in Business, Construction, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged aesthetics, Ceiling Surfaces, functionality, Lindner, SPREADline
(IN BRIEF) London Gatwick Airport has made history by inaugurating the world’s first Electric Forecourt® – a dedicated electric vehicle (EV) charging station developed by GRIDSERVE. Situated on the approach to the South Terminal, this cutting-edge facility offers 30 charging … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bronwen Jones, charging station, Electric Forecourt®, electric vehicle, GRIDSERVE, London Gatwick, partnership, sustainability, Toddington Harper, VINCI Airports
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