(IN BRIEF) Airbus has signed a Memorandum of Understanding (MOU) with the Singapore Economic Development Board (EDB) to pave the way for the establishment of a Sustainable Aviation Hub in Singapore. This hub, to be hosted within Airbus’ Singapore Campus … Read the full press release
(IN BRIEF) Trilogy NextGen introduces a cutting-edge private 5G network deployment at Trinity Broadcasting Network’s (TBN) new PLEX studio in Dallas-Fort Worth, leveraging Microsoft Azure private multi-access edge compute (MEC) and Ericsson’s 5G Radio Dot System. This innovative network enables … Read the full press release
Posted in Business, Entertainment, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Sweden, Technology, Telecom
Tagged 5G network, broadcasting, David Green, Dr. Phil McGraw, Ericsson, partnership, sustainability, TBN Studio, Trilogy NextGen, USA
(IN BRIEF) Siemens Digital Industries Software launches the Veloce™ CS system, a groundbreaking hardware-assisted verification and validation solution merging hardware emulation, enterprise prototyping, and software prototyping. Built on advanced integrated circuits including Siemens’ Crystal accelerator chip and the AMD Versal™ … Read the full press release
(IN BRIEF) Savills has reinforced its central London dilapidations and lease management team with the addition of Adam Nash as Director and Ollie Hill as Associate. With nearly 20 years of experience, Adam brings a wealth of expertise in dilapidations, … Read the full press release
Posted in Business, Industrial, Management, News, Real Estate, United Kingdom
Tagged Adam Nash, appointment, Claire Hood, Dilapidations Team, leadership, London, Martin Heffron, Ollie Hill, Savills
(IN BRIEF) CapMan Social Real Estate (CMSRE) has acquired Porcelænshaven, a historic office and educational property in Frederiksberg, Copenhagen, fully leased to Copenhagen Business School (CBS). With 19,300 m2 of lettable space, the property, nestled near Frederiksberg Gardens, dates back … Read the full press release
(IN BRIEF) Covestro and RWE have inked a substantial long-term power purchase agreement (PPA) aimed at bolstering Covestro’s Antwerp production site in Belgium with renewable energy from offshore wind turbines in the North Sea. This collaboration, spanning from 2026 to … Read the full press release
(IN BRIEF) The Commonwealth of Australia’s Surface Combatant Review (SCR) announcement marks a significant milestone in the establishment of a next-generation naval surface fleet, with particular implications for BAE Systems Australia’s operations. The confirmation of the Hunter Class Frigate Program’s … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €22 million loan to Tbilservice Group, aimed at enhancing Tbilisi’s solid waste management and disposal system. This funding, co-financed by the Green Climate Fund, will facilitate the … Read the full press release
(IN BRIEF) London Stock Exchange Group (LSEG) announces a groundbreaking enhancement to its parental leave policy, introducing 26 weeks of fully paid leave for all employees welcoming a child into their family, effective from July 1, 2024. This move, irrespective … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Society, United Kingdom
Tagged 26 Weeks' Global Paid Parental Leave, diversity, equity, Erica Bourne, Financial, Inclusion, LSEG, standard
(IN BRIEF) Telefónica, celebrating its Centenary in 2024, is set to showcase its most innovative offerings at the Mobile World Congress (MWC) in Barcelona. Under the theme ‘100 Years Leading Change’, the company will exhibit cutting-edge connectivity solutions, sustainable technologies, … Read the full press release
(IN BRIEF) Skanska has entered into an agreement with Elof Hansson Fastigheter and Riksbyggen to develop a new residential block and commercial premises at Masthuggskajen in Gothenburg, Sweden, with a contract valued at approximately SEK 340 million. The project encompasses … Read the full press release
(IN BRIEF) Skanska, in partnership with Obos, announces a NOK 1.1 billion investment in a new residential block in Fornebu, Norway, with Skanska’s share amounting to NOK 555 million. The construction contract, valued at NOK 533 million, will be executed … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Fornebu, Norway, OBOS, partnership, Residential Block, Skanska, sustainability
(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release
Posted in Bulgaria, Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, AI-powered, Customer Insights, GemSeek, Max Morielli, partnership, Petko Tinchev, sustainability
(IN BRIEF) Royal Philips, a prominent player in health technology, proposes the re-appointment of Chairman Feike Sijbesma and Peter Löscher to its Supervisory Board, along with the appointment of Benoît Ribadeau-Dumas as a new member. The nominations, to be voted … Read the full press release
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, concluded its share buyback program initiated in November 2023, purchasing a total of 2,744 shares across trading venues. The company had authorized a maximum buyback of 11 million shares with a budget … 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) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged BT Microfinantare IFN, Cristina Sindile, EIF, entrepreneurs, InvestEU, Marjut Falkstedt, microfinance, partnership, Romania, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Shinhan Bank Kazakhstan (SBK) to support the expansion of Kazakhstan’s prominent conference hub, the Atakent Business Cooperation Centre in Almaty. Through a KZT 3 billion (US$ 6.6 million) … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Global has pledged €36 million for the construction of the Vlašić wind farm in Bosnia and Herzegovina, supplementing the €21 million EU grant. Expected to generate 115 GWh/year of electricity and displace 140,000 … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bosnia and Herzegovina, EIB Global, green transition, Johann Sattler, Kyriacos Kakouris, partnership, Srđan Amidžić, sustainability, Vlašić Wind Farm
(IN BRIEF) Europe’s leading ammunition manufacturer, Rheinmetall, has announced plans to open a new plant in Ukraine through a joint venture with a local partner, aiming to produce a significant quantity of 155mm caliber bullets annually. The memorandum of understanding, … Read the full press release
Posted in Business, Defence, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Alexander Kamyshin, Ammunition Plant, Armin Papperger, Chancellor Scholz, Defense Partnership, partnership, Rheinmetall, sustainability, UKRAINE
(IN BRIEF) thyssenkrupp Steel and RWE have entered into a significant long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction plant at the Duisburg location, marking a pivotal step in the tkH2Steel transformation project. The … Read the full press release
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