(IN BRIEF) Wood celebrates a century of innovation in fired heater technology, tracing its roots back to Ernest Foster’s invention of cast iron ‘gill rings’ in 1903. Since supplying its first refinery application in 1919, Wood has been a pivotal … Read the full press release
(IN BRIEF) Stagecoach bus drivers have once again demonstrated their commitment to safe and fuel-efficient driving, with over 4,100 drivers achieving Fleet Elite status in a prestigious global performance measurement programme managed by GreenRoad. This accolade, awarded to more Stagecoach … Read the full press release
Posted in Automotive, Awards, Business, Environment, Industrial, Management, News, Security & Safety, Technology, Transportation & Logistics, Travel, United Kingdom
Tagged Award, Fuel-Efficient Driving Programme, GreenRoad, leadership, safety, Sharon Vye-Parminter, Stagecoach, Stagecoach Bus Drivers, sustainability, Zohar Elhanani
(IN BRIEF) Dr. Kenneth Rankin, an honorary senior lecturer at Newcastle University, was bestowed with the prestigious Researcher of the Year award at The Bone Idols 2024 ceremony for his outstanding contributions to surgical oncology. Recognized for his remarkable innovation … Read the full press release
Posted in Awards, Business, Education, Financial, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged Awards, Cancer, Dr. Kenneth Rankin, leadership, national award, Newcastle University, Surgical Innovation
(IN BRIEF) The University of East Anglia (UEA) embarks on “LIMITLESS II,” a £1.1 million endeavor funded by the National Institute for Health and Care Research (NIHR), aimed at enhancing mental health support for teenagers living in care. Led by … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, Society, United Kingdom
Tagged Dr. Simon P Hammond, mental health, Teens in Care, UEA, well-being
(IN BRIEF) The European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) are jointly injecting €160 million into a transformative project aimed at fortifying Crete’s agricultural resilience against climate risks. The initiative, centered around the Platys agricultural … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged agricultural, CEB, Christos Staikouras, Climate Risks EIB, investment, Kostas Hatzidakis, Kyriacos Kakouris, partnership, sustainability, Tomáš Boček
(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Science, Small Business, Technology
Tagged Christos Staikouras, Dr. Katerina Kouravelou, EIB, Greece, Kostas Skrekas, Kostis Hatzidakis, Kyriacos Kakouris, partnership, Prof. Xenia Chryssochoou, Research & Innovation, SMEs, sustainability
(IN BRIEF) Achmea has reached a final settlement agreement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis, and the Consumentenbond regarding unit-linked insurance policies sold through various brands in the Netherlands. The agreement, totaling €85 million, aims to provide clarity and … Read the full press release
(IN BRIEF) Norsk Hydro ASA announced the signing of a USD 1,000 million revolving multi-currency credit facility on February 15, 2024. The facility, with a two-year tenor and a one-year extension option, replaces the company’s previous undrawn USD 1,300 million … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway
Tagged facility, Norsk Hydro, partnership, sustainability
(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, Financial, investment, John Dacey, Swiss Re
(IN BRIEF) TenneT, the Dutch transmission system operator, is moving forward with plans to extend the national 380 kV grid, with a focus on three key connections: Vierverlaten-Ens, Ens-Diemen, and Geertruidenberg-Krimpen aan den IJssel or Crayestein. The Ministry of Economic … Read the full press release
(IN BRIEF) ING has announced its decision to redeem US$ 1,250 million of 6.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on April 16, 2024, aligning with the bank’s ongoing efforts to optimize its capital structure. The securities will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Capital Securities, Financial, ING, investment
(IN BRIEF) NatWest Group plc has announced the appointment of Paul Thwaite as Group Chief Executive Officer and Executive Director, effective immediately. Thwaite, who initially took on the role on a 12-month basis in July 2023, has been recognized for … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, CEO, Howard Davies, leadership, NatWest Group, Paul Thwaite, Rick Haythornthwaite
(IN BRIEF) Deutsche Telekom has achieved a groundbreaking transition by migrating its IP-based voice telephony platform to the cloud, centralizing landline connections through cloud data centers in Germany and migrating over seventeen million customer connections. Facilitated by the NIMS platform … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Telecom
Tagged Abdu Mudesir, Bejoy Pankajakshan, cloud migration, Deutsche Telekom, HPE, Juniper Networks, Lenovo, Marion Kessing, Mavenir, Microsoft, Rami Rahim, Red Hat, Stefano Capperi, telephony, Yousef Khalidi CVP
(IN BRIEF) In a significant move towards advancing their joint vision for e-mobility, Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed a landmark supply agreement for components of Volkswagen’s MEB platform to be integrated into Mahindra’s purpose-built electric … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged electric mobility, INDIA, INGLO, Mahindra, partnership, Volkswagen
(IN BRIEF) The European Investment Bank (EIB) Group has announced plans to establish local offices in Riga, Latvia, and Tallinn, Estonia, aiming to bolster its support for regional projects and investments. This move signifies a deeper commitment to the Latvian … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Industrial, Investment, Latvia, Luxembourg, Management, News, Small Business
Tagged Arvils Aseradens, BALTIC, EIB Group, Evika Siliņa, Mart Võrklaev, Nadia Calviño, offices, partnership, Riga, SMEs, sustainability, Tallinn, Thomas Östros
(IN BRIEF) Outokumpu finalized its share repurchase program on February 15, 2024, purchasing shares on two trading venues. The total cost amounted to EUR 330,701.62 for 80,325 shares. This action is in line with the company’s previously announced buyback program … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Dr. Richard Carter, a University of York academic, is leading a project exploring the responsible use of artificial intelligence (AI) in the museum and heritage sector to revolutionize storytelling and enrich visitor experiences. The project, funded by the … Read the full press release
(IN BRIEF) A remarkable exhibition at the Yorkshire Museum, titled “Star Carr: Life after the ice,” unveils a treasure trove of artefacts discovered during excavations led by a University of York researcher at the renowned Middle Stone Age site of … Read the full press release
(IN BRIEF) Henkel, a global leader in adhesive technologies, has announced the acquisition of Seal for Life Industries LLC, a US-based provider of protective coating and sealing solutions, from Arsenal Capital Partners. With Seal for Life’s expertise in infrastructure markets … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, Carsten Knobel, Henkel, Maintenance Repair Overhaul (MRO) Solutions, Mark Dorn, partnership, Seal for Life Industries, sustainability, USA
(IN BRIEF) Empa researcher Andyn Omanovic, in collaboration with etavalve GmbH, a spin-off of Empa and ETH Zurich, is poised to revolutionize the utilization of industrial waste heat. Omanovic’s innovative piston machine, equipped with an electro-hydraulically actuated valve control system, … Read the full press release
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