Search Results for: equity

Vaisala Marks Ada Lovelace Day with Commitment to Diversity and Inclusion in STEM

Posted on 11, October 2023 by

(IN BRIEF) On Ada Lovelace Day, Vaisala celebrates the accomplishments of women in STEM fields while reaffirming its commitment to diversity, equity, and inclusion (DEI). In 2021, Vaisala established a DEI program group and launched its DEI strategy in 2022, … Read the full press release →

Posted in Business, Education, Finland, Industrial, Management, News, Science, Society

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European Investment Fund Backs Avanseo with €38 Million Portfolio Guarantee to Support Microenterprises in France

Posted on 10, October 2023 by

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered into a portfolio guarantee agreement with Avanseo to provide up to €38 million in new financing for microenterprises and individuals facing challenges in accessing credit markets. … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

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EQT Strengthens Healthcare Team with Key Partner Appointments in London

Posted on 10, October 2023 by

(IN BRIEF) EQT, a prominent investment firm, welcomes Maarten de Jong and Mark Braganza as new Partners to its Healthcare team, based in London. EQT, with a 30-year history of investing in healthcare companies, supports companies across various growth stages … Read the full press release →

Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Sweden, United Kingdom

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Bosch Power Tools to Acquire 50% Stake in FerRobotics for Contact-Sensitive Automation

Posted on 4, October 2023 by

(IN BRIEF) Bosch Power Tools plans to purchase around 50% of FerRobotics Compliant Robot Technology GmbH, a global leader in contact-sensitive automation. The deal, signed on September 29, 2023, aims to expand Bosch Power Tools’ presence in the accessories market … Read the full press release →

Posted in Artificial Intelligence (AI), Austria, Business, Germany, Industrial, Technology

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World Health Organization Recommends University of Oxford’s Malaria Vaccine for Children

Posted on 3, October 2023 by

(IN BRIEF) The University of Oxford’s R21/Matrix-M™ malaria vaccine, developed in collaboration with the Serum Institute of India and leveraging Novavax’s adjuvant technology, has received a recommendation for use by the World Health Organization (WHO). After rigorous scientific review by … Read the full press release →

Posted in Business, Education, Environment, Government, Healthcare, Industrial, Management, News, Non Profit, Pharma & Biotech, Science, United Kingdom

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Aviva and Socius Chosen as Preferred Bidders for London Cancer Hub Development

Posted on 3, October 2023 by

(IN BRIEF) Aviva and mixed-use developer Socius have been selected as the preferred bidders for the advancement of the London Cancer Hub (LCH), a world-leading district dedicated to cancer research and treatment in Sutton, London. The partnership will collaborate with … Read the full press release →

Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, News, United Kingdom

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Eni Accelerates Energy Transition with Giant Gas Discovery off Indonesia’s East Kalimantan

Posted on 2, October 2023 by

(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Italy

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Aviva Ireland’s Suzie Nolan and Danny Harmer: Leading the Way in Gender Diversity

Posted on 28, September 2023 by

(IN BRIEF) Aviva Ireland’s Head of Property, Suzie Nolan, and Chief People Officer, Danny Harmer, have been recognized on this year’s HERoes Role Model Lists. Suzie is a Future Leader and a diversity advocate, while Danny has made the Women … Read the full press release →

Posted in Awards, Investment, Management, Society, United Kingdom

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EQT to Sell LimaCorporate to Enovis Corporation, Creating Global Orthopaedic Industry Leader

Posted on 26, September 2023 by

(IN BRIEF) EQT, in collaboration with its co-shareholders, has agreed to sell LimaCorporate, a global orthopaedic implant manufacturer, to Enovis Corporation, a NYSE-listed company. LimaCorporate, known for its innovative orthopaedic solutions and additive manufacturing expertise, specializes in shoulder, knee, and … Read the full press release →

Posted in Business, Financial, Healthcare, Industrial, Investment, Italy, Management, News, Real Estate, Sweden

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Axel Springer Partners with Connatix to Enhance Online Video Engagement and Monetization

Posted on 20, September 2023 by

(IN BRIEF) Axel Springer, a global media and technology company, has entered a long-term partnership with Connatix, a leading video technology firm, to boost online video engagement and monetization. This collaboration aims to drive revenue for Axel Springer’s media brands … Read the full press release →

Posted in Business, Entertainment, Germany, Industrial, Management, Media, News, Technology

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Medidata Launches Comprehensive Diversity Program to Improve Inclusion in Clinical Trials

Posted on 20, September 2023 by

(IN BRIEF) Medidata, a subsidiary of Dassault Systèmes, has introduced the Medidata Diversity Program, an extensive solution aimed at enhancing diversity, equity, and inclusion in clinical trials. This program supports biopharmaceutical companies, medical device firms, and clinical research organizations (CROs) … Read the full press release →

Posted in Business, France, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Technology

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Coventry City Council and E.ON Launch Pioneering 15-Year Partnership to Boost Carbon Reduction and Local Economy

Posted on 20, September 2023 by

(IN BRIEF) Coventry City Council has embarked on a unique 15-year partnership with E.ON, designating the energy company as the city’s Strategic Energy Partner. This groundbreaking initiative aims to revolutionize energy usage in Coventry by prioritizing diversity, equity, and inclusion … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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European Investment Fund Backs Croatian Innovation with CVCi 2 Funding

Posted on 19, September 2023 by

(IN BRIEF) The European Investment Fund (EIF) and the Ministry of Regional Development and EU Funds of Croatia have announced a funding agreement for the Croatian Venture Capital Initiative 2 (CVCi 2). This program builds on the success of the … Read the full press release →

Posted in Business, Croatia, Financial, Luxembourg, Small Business

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BASF Agricultural Solutions Hosts Global Farmers’ Delegation at UN Headquarters

Posted on 14, September 2023 by

(IN BRIEF) BASF Agricultural Solutions organized an event called “United for the Biggest Job on Earth” at the United Nations headquarters to bring together a global delegation of farmers from Europe and the United States. The event aimed to address … Read the full press release →

Posted in Agriculture, Business, Chemicals, Environment, Germany, Industrial, Management, Media, News

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Aviva Sells Stake in Singapore Life Holdings to Sumitomo Life for £0.8 Billion

Posted on 14, September 2023 by

(IN BRIEF) Aviva has agreed to sell its 25.9% stake in Singapore Life Holdings, along with two debt instruments, to Sumitomo Life Insurance for a total of £0.8 billion in cash. Sumitomo Life, already a 23.2% shareholder in Singlife, views … Read the full press release →

Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom

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European Investment Bank Provides €15 Million Loan to CrowdFarming for Sustainable Agricultural Innovation

Posted on 14, September 2023 by

(IN BRIEF) The European Investment Bank (EIB) has signed a €15 million venture debt loan agreement with CrowdFarming, an online platform connecting European farmers directly with consumers. Supported by the InvestEU program, this financing will enable CrowdFarming to enhance its … Read the full press release →

Posted in Agriculture, Banks, Business, Environment, Financial, Food & Beverage, Industrial, Investment, Luxembourg, Management, News, Technology

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Ahlstrom Appoints New CFO and COO to Strengthen Leadership Team

Posted on 13, September 2023 by

(IN BRIEF) Ahlstrom, a specialty materials company, has announced the appointment of Niklas Beyes as Chief Financial Officer (CFO) and Wolfgang Laures as Chief Operating Officer (COO). Both individuals will join Ahlstrom’s Executive Management Team, with Beyes assuming his role … Read the full press release →

Posted in Business, Environment, Finland, Industrial, Management, News

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EIF and Arbevel Partner to Provide €72 Million Boost for SMEs and Sustainability through InvestEU

Posted on 12, September 2023 by

(IN BRIEF) The European Investment Fund (EIF) backed by the InvestEU program has partnered with Arbevel to provide a portfolio guarantee of up to €72 million in financing for SMEs and lower mid-caps. This agreement encompasses three InvestEU windows: “Innovation … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business

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EBRD Invests €15 Million in PHH Group to Boost E-commerce Expansion in the Baltic States

Posted on 12, September 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €15 million in PHH Group, a leading e-commerce platform in the Baltic states. This investment aims to support the expansion of PHH Group’s logistical capacity and cross-border fulfillment … Read the full press release →

Posted in Banks, Business, Financial, Industrial, International Trade, Internet & Online, Investment, Management, News, Retail, Small Business, Technology, United Kingdom

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bp pulse, EV Network, and NEC Group Launch UK’s Largest Public EV Charging Hub

Posted on 8, September 2023 by

(IN BRIEF) bp pulse, EV Network (EVN), and NEC Group have jointly launched the UK’s largest public electric vehicle (EV) charging hub on the NEC Campus in the West Midlands. The Gigahub™ can simultaneously charge 180 EVs, with ultra-fast 16x … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom

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Allianz Unveils Net-Zero Transition Plan with 2030 Targets for Emission Reductions and Renewable Investments

Posted on 8, September 2023 by
Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Allianz has released its first comprehensive net-zero transition plan, reaffirming its commitment to achieving net-zero emissions by 2050 in its investment and insurance portfolios and by 2030 in its operations. The plan includes 2030 intermediate targets for reducing … Read the full press release →

Posted in Business, Environment, Financial, Germany, Industrial, Insurance, Investment, Management, News

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Laborie to Acquire Urotronic, Expanding Its Medical Technology Portfolio

Posted on 7, September 2023 by

(IN BRIEF) Laborie, a subsidiary of Patricia Industries, is set to acquire the remaining 91 percent of Urotronic, a US medical technology company known for its OptilumeTM device for treating benign prostatic hyperplasia (BPH). In 2020, Laborie entered a strategic … Read the full press release →

Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Science, Sweden, Technology

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T-Mobile US Announces $19 Billion Shareholder Return Program and Dividend Increase Plans

Posted on 7, September 2023 by

(IN BRIEF) T-Mobile US has announced a second phase of its shareholder return program, allocating up to $19 billion for the period from Q4 2023 to the end of 2024. This program includes quarterly dividends totaling approximately $3.75 billion, beginning … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Telecom

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Global Green Bond Initiative and Inter-American Development Bank Partner to Boost Green Bonds in Latin America and the Caribbean

Posted on 7, September 2023 by

(IN BRIEF) A coalition of development finance institutions and multilateral organizations, known as the Global Green Bond Initiative (GGBI), has partnered with the Inter-American Development Bank (IDB) and IDB Invest to collaborate on promoting green bond markets in Latin America … Read the full press release →

Posted in Banks, Environment, Financial, Industrial, Investment, Luxembourg, Management, News

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Leading Real Estate Firm EQT Exeter Expands European Presence with New Partner

Posted on 6, September 2023 by

(IN BRIEF) EQT Exeter has appointed Tom Livelli as a Partner, based in Madrid, to lead the expansion of its European multi-family platform. Tom brings significant experience from his previous role as Senior Managing Director at Greystar, where he oversaw … Read the full press release →

Posted in Business, Construction, Industrial, Infrastructure & Utilities, Management, Real Estate, Sweden

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Public Development Banks Unite for Blue Finance Roadmap to Promote Ocean Protection and Sustainable Use

Posted on 6, September 2023 by

(IN BRIEF) During the Finance in Common Summit in Cartagena, public development banks, including the AFD, ADB, CAF, CDP, EBRD, EIB, IDB, KfW Development Bank, and BOAD, have committed to collaborating on a Blue Finance Roadmap to address ocean protection … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News

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CapMan Real Estate Completes Transformation of Red Warehouse into Modern Office Space for BCG Denmark

Posted on 5, September 2023 by

(IN BRIEF) CapMan Real Estate has completed the transformation of the historic Red Warehouse into a modern and distinctive office space, welcoming Boston Consulting Group Denmark (BCG) as its sole tenant. The 140-year-old building has been rebuilt to incorporate state-of-the-art … Read the full press release →

Posted in Business, Construction, Denmark, Finland, Industrial, Infrastructure & Utilities, Management, News, Real Estate

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Standard Chartered Appoints Diego De Giorgi as Incoming Group Chief Financial Officer, Succeeding Retiring Andy Halford

Posted on 1, September 2023 by

(IN BRIEF) Andy Halford, Group Chief Financial Officer (GCFO) and Group Executive Director (GED) of Standard Chartered PLC, has announced his retirement. He will be succeeded by Diego De Giorgi, who will join the company as GCFO Designate on September … Read the full press release →

Posted in Banks, Financial, Industrial, Investment, Management, News, United Kingdom

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Leadership Transition at Shell: Ronan Cassidy Steps Down, Rachel Solway to Take Over as Chief HR Officer

Posted on 30, August 2023 by

(IN BRIEF) Ronan Cassidy, Chief Human Resources and Corporate Officer of Shell plc, will step down from his position on December 31, 2023, and leave the company thereafter. Rachel Solway, currently Executive Vice President of Human Resources, Organization Development & … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, United Kingdom

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Iberdrola Mexico Joins Forces with Pride Connection to Enhance LGBT+ Workplace Inclusion

Posted on 29, August 2023 by

(IN BRIEF) Iberdrola Mexico has joined forces with Pride Connection to launch a comprehensive initiative focused on fostering LGBT+ inclusivity and eradicating workplace discrimination. The collaboration involves commitments laid out in a decalogue that aims to create safe spaces, raise … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Society, Spain

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Equinor Acquires 25% Stake in US Carbon Capture and Storage Project, Bayou Bend

Posted on 29, August 2023 by

(IN BRIEF) Equinor has solidified its position in the low-carbon solutions arena with a 25% stake acquisition in Bayou Bend CCS LLC. This partnership bolsters one of the largest US carbon capture and storage (CCS) projects situated along the Gulf … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway

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Timi Platform: Sarawak Shell Begins Gas Production with Hybrid Power System

Posted on 28, August 2023 by

(IN BRIEF) Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced the initiation of gas production from the Timi platform in Malaysia, operating under the SK318 production sharing contract (PSC). Unique for its hybrid solar and wind power … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom

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EQT Announces Successful Completion of USD 924 Million Block Trade for Coforge

Posted on 25, August 2023 by

(IN BRIEF) BPEA Private Equity Fund VII (“BPEA EQT”) has successfully sold its remaining 26.6 percent stake in Coforge, an Indian technology services provider listed on the National Stock Exchange. The USD 924 million block trade marked the conclusion of … Read the full press release →

Posted in Business, Investment, Management, Sweden, Technology

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ČEPS and RWE Finalize Sale of RWE Gas Storage CZ

Posted on 24, August 2023 by

(IN BRIEF) State-owned electric power transmission operator ČEPS has finalized the sale of its subsidiary, RWE Gas Storage CZ, to RWE, a German energy company. The Czech Republic’s government approved the purchase, and the contract was signed recently. RWE Gas … Read the full press release →

Posted in Business, Czech Republic, Energy, Gas & Oil, Germany, Industrial, Investment, Technology

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Ghanaian Professor Jerry John Kponyo Explores Ethical AI and Afrocentric Datasets in Global Discourse Series

Posted on 24, August 2023 by

(IN BRIEF) Professor Jerry John Kponyo from Kwame Nkrumah University of Science and Technology (KNUST) in Ghana delves into the concept of responsible AI as part of the “One Topic, One Loop” global discourse series. He highlights the significance of … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Education, Germany, Management, News, Science, Technology

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Siemens Boosts eMobility Portfolio with Acquisition of Heliox for Fast Charging Solutions

Posted on 23, August 2023 by

(IN BRIEF) Siemens AG has announced its intent to acquire Heliox, a Dutch company specializing in fast charging solutions for electric buses, trucks, and vehicles. This acquisition will expand Siemens’ eMobility charging portfolio, enhancing its offerings for eBus and eTruck … Read the full press release →

Posted in Automotive, Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology

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TotalEnergies and INPEX Collaborate with PTTEP for Acquisition of AC-RL7 Permit in Australia

Posted on 21, August 2023 by

(IN BRIEF) TotalEnergies and INPEX have partnered with PTTEP to acquire the AC-RL7 permit in Australia. TotalEnergies will own 26% while INPEX will have a 74% stake and assume operatorship, subject to regulatory approval. The permit includes Cash and Maple … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Industrial

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Aviva Reports Robust 2023 Interim Results, Surpasses Targets, and Boosts Dividend

Posted on 17, August 2023 by

(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release →

Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom

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Wintershall Dea Receives New Licence for Carbon Capture and Storage Project in the Southern North Sea

Posted on 16, August 2023 by

(IN BRIEF) Wintershall Dea, a prominent player in the UK North Sea, has been granted a new licence by the North Sea Transition Authority (NSTA) to store CO2 beneath the seabed in the Camelot area. With an annual storage potential … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Management, News, United Kingdom

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Ericsson Recognized as Best Place to Work for Disability Inclusion in The Disability Equality Index®

Posted on 16, August 2023 by

(IN BRIEF) Ericsson, a global telecommunications company, has been named a “Best Place to Work for Disability Inclusion” in The Disability Equality Index® (DEI), a benchmarking tool measuring disability workplace inclusion. The DEI is a collaboration between the American Association … Read the full press release →

Posted in Awards, Business, Industrial, Management, News, Society, Sweden, Technology, Telecom

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