Category Archives: United Kingdom

Press Releases & News from United Kingdom distributed via EuropaWire

EBRD Funds Expansion of Azerbaijan’s Shipping Fleet for Enhanced Regional Trade Connectivity

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release

EBRD Provides $100 Million Loan to Enerjisa for Earthquake-Hit Electricity Network Reconstruction in Turkey

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to $100 million to Enerjisa Enerji A.S. in Turkey to support the modernization and reconstruction of the electricity distribution network in the earthquake-affected Toroslar … Read the full press release

SCC Partners with iboss to Introduce Cutting-Edge Zero Trust Security Service

(IN BRIEF) SCC is excited to announce its strategic partnership with iboss, a renowned leader in cloud security, to deliver an innovative Zero Trust security service. Recognizing the evolving landscape of cloud-first environments, SCC aims to provide robust security solutions … Read the full press release

EOS Investment Management Group Acquires Six Solar Greenfield Projects in Italy from Lightsource bp

(IN BRIEF) EOS Investment Management Group (EOS IM) and Lightsource bp have finalized the sale of six solar greenfield projects in Italy to EOS IM, adding a 294MW portfolio to their existing solar power assets in Italy. These projects, either … Read the full press release

Lightsource bp Hosts New Energy Business School for In-Depth Discussion on Energy Transition

(IN BRIEF) Lightsource bp recently held the New Energy Business School for the second consecutive year, offering a comprehensive two-day program focused on energy transition business and leadership. Located in the Netherlands, the school provides advanced education in various aspects … Read the full press release

Barclays Strengthens Credit Trading Leadership in Asia Pacific with Abhay Kumar Sinha Appointment

(IN BRIEF) Barclays has announced the appointment of Abhay Kumar Sinha as the Co-Head of Credit Trading for Asia Pacific. Based in Singapore, Mr. Sinha, with over 25 years of experience in the credit industry, joins Barclays from Deutsche Bank, … Read the full press release

Linde Expands Clean Hydrogen and Carbon Dioxide Supply Deal with Celanese for Lower Carbon Methanol Production

(IN BRIEF) Linde (Nasdaq: LIN) has announced an expansion of its supply agreement with Celanese, a global chemical and specialty materials company, by providing captured carbon dioxide and clean hydrogen from its Clear Lake facility in Texas. Celanese will use … Read the full press release

Co-op Unveils Co-op Media Network, Paving the Way for Precision Advertising in Convenience Shopping

(IN BRIEF) Co-op has unveiled the UK’s inaugural retail media network within the convenience sector, aiming to assist brands in accessing broader audiences and enhancing advertising relevance for its customer base. The Co-op Media Network combines the company’s in-house team … Read the full press release

Pioneering Well-Being: GRAHAM Attains IIP Platinum Accreditation

(IN BRIEF) GRAHAM Group has achieved the prestigious IIP Wellbeing Platinum accreditation, the highest recognition for a positive well-being culture, becoming the first company in any industry to do so. This achievement signifies GRAHAM’s strong commitment to employee well-being, with … Read the full press release

UK Businesses Embracing Open Banking Report Significant Time and Cost Savings

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) According to a survey by Payit™ by NatWest, two-thirds of larger UK businesses are familiar with open banking, with users reporting an annual time saving of 150 hours compared to non-users. Business leaders utilizing open banking in their … Read the full press release

Aviva Research Highlights Need for Greater Awareness of Healthy Lifestyles and Cancer Prevention

(IN BRIEF) New research by Aviva reveals that there is still a need to raise awareness about the importance of leading a healthy lifestyle in cancer prevention. Over half of those surveyed hope cancer won’t happen to them, and 20% … Read the full press release

Central Asian Entrepreneurs Embrace Green Initiatives with EBRD Support

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is actively supporting sustainability and green initiatives in Central Asia, empowering local entrepreneurs to transition to eco-friendly operations. One notable example is the Bel-Tam yurt camp in Kyrgyz Republic, which, … Read the full press release

CEOs Express Confidence in Revenue Growth and M&A Opportunities Amidst Global Economic Challenges

(IN BRIEF) According to the latest EY CEO Outlook Pulse survey, global CEOs are optimistic about their ability to drive revenue growth and profitability in 2024, despite acknowledging the prevailing global economic headwinds. The survey of 1,200 CEOs across 21 … Read the full press release

Ocean Winds’ Moray West Wind Farm Powers Amazon’s Renewable Energy Ambitions

(IN BRIEF) Amazon has expanded its commitment to renewable energy by signing a corporate power purchase agreement (CPPA) with ENGIE. This agreement increases Amazon’s share of the energy output from the Moray West offshore wind farm in Scotland to 473MW, … Read the full press release

Logicor Expands Its Presence in Italy with Sustainable Warehouse Development in Rolo

(IN BRIEF) Logicor, a prominent player in European logistics real estate, has commenced the construction of a new environmentally conscious warehouse spanning approximately 13,600 sqm at its logistics park in Rolo (RE), Italy. The project, set to be finished by … Read the full press release

INEOS Launches Senior Secured Notes Offering to Raise €2 Billion for Strategic Purposes

(IN BRIEF) INEOS Holdings Limited’s subsidiary, INEOS Finance plc, has initiated an offering of euro and U.S. dollar-denominated senior secured notes due 2029, aiming to raise approximately €2 billion. The proceeds from this financing will serve various purposes, including refinancing … Read the full press release

EY Partners with Reveal to Revolutionize Legal Tech and Data Discovery

(IN BRIEF) EY has teamed up with Reveal to enhance its eDiscovery and data analytics services. This partnership combines Reveal’s eDiscovery and Document Analytics platform with EY’s domain expertise to offer clients faster and more cost-effective solutions for managing litigation … Read the full press release

GSK’s Omjjara Receives EU Approval for Myelofibrosis Treatment

(IN BRIEF) GSK has received marketing authorization from the European Commission for Omjjara (momelotinib), an oral inhibitor targeting JAK1/JAK2 and activin A receptor type 1 (ACVR1). Omjjara is the first approved treatment in the EU for disease-related splenomegaly (enlarged spleen) … Read the full press release

GSK Seeks Regulatory Approval to Extend RSV Vaccination to At-Risk Adults Aged 50-59

(IN BRIEF) GSK has submitted a regulatory application to the European Medicines Agency (EMA) to expand the use of its adjuvanted recombinant respiratory syncytial virus (RSV) vaccine to adults aged 50-59 who are at increased risk for RSV disease. The … Read the full press release

BT Group’s Ambitious Plan: 500+ Apprentices and Graduates to Drive UK’s Digital Advancements

(IN BRIEF) BT Group has unveiled plans to hire more than 500 apprentices and graduates for its September 2024 intake, spanning various roles such as software engineering, customer service, applied research, data analytics, and cyber-security. These recruits will contribute to … Read the full press release