(IN BRIEF) CUPRA, an automotive brand, has entered into a strategic alliance with the 37th America’s Cup, one of the world’s major sporting events, taking place in Barcelona for the first time. To mark this partnership, CUPRA unveiled the “CUPRA … Read the full press release
Posted in Automotive, Business, Entertainment, Industrial, Management, Media, News, Spain, Sports
Tagged "CUPRA Cube", 37th America's Cup, Barcelona, Countdown Timer, CUPRA, CUPRA Terramar, Grant Dalton, Omega, partnership, SEAT, sporting events, Wayne Griffiths
(IN BRIEF) Bosch, a leading automotive supplier, is set to demonstrate the integration of infotainment and driver assistance functions in a software-intensive central computer on a single System on Chip (SoC) at CES 2024. This central vehicle computer, known as … Read the full press release
Posted in Automotive, Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Bosch, Central Vehicle Computer, CES 2024, Dr. Markus Heyn, Driver Assistance Functions, Infotainment
(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged Barclay, Black Friday Sales, Christmas shopping, Consumer Spending, Esme Harwood, Financial, Jack Meaning, retail, UK
(IN BRIEF) Groupe BPCE has received notification from the European Central Bank (ECB) regarding its 2024 prudential capital requirements following the Supervisory Review and Evaluation Process (SREP) conducted in 2023. The Common Equity Tier 1 (CET1) requirement for Groupe BPCE … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News
Tagged European Central Bank (ECB), Financial, Groupe BPCE, investment, Prudential Capital, Requirements
(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release
(IN BRIEF) Deutsche Telekom is supporting children in need through its participation in the “Ein Herz für Kinder” charity gala in aid of BILD hilft e. V. More than 2,300 Telekom employees will volunteer to accept donations during the live … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, Media, News, Society, Technology, Telecom
Tagged Birgit Bohle, Charity Gala, Children in Need, Deutsche Telekom, donations, Ein Herz für Kinder, Employees, René Bresgen, society, volunteer
(IN BRIEF) The Financial Conduct Authority (FCA) in the UK has proposed measures to improve the quality of credit information provided by credit reference agencies (CRAs) and enhance competition in the market. The proposals include requiring FCA-regulated data contributors to … Read the full press release
(IN BRIEF) Engineers at CERN have successfully tested an improved design of a quadrupole magnet using niobium–tin (Nb3Sn) technology. These magnets are crucial for controlling particle beams in the Large Hadron Collider (LHC). The tests confirm that the newly designed … Read the full press release
Posted in Business, Industrial, Management, News, Science, Switzerland, Technology
Tagged Arnaud Devred, CERN, Ezio Todesco, High-Luminosity LHC, José Miguel Jiménez, Niobium–Tin Magnet Test, Oliver Brüning
(IN BRIEF) At the COP28 climate change conference, EIB Global, the development arm of the European Investment Bank (EIB), introduced its new approach to increase financing and advisory services in support of a just transition and just resilience worldwide. EIB … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Ambroise Fayolle, Climate-Resilient, COP28, EIB, EIB Global, partnership, resilience, sustainability
(IN BRIEF) The Ministry of Defence and Eni, an Italian energy company, have signed a Memorandum of Understanding (MoU) in Rome to enhance their strategic collaboration on security and risk assessment. The agreement involves sharing expertise and information to bolster … Read the full press release
(IN BRIEF) Societe Generale made a groundbreaking move by issuing its first digital green bond on the Ethereum blockchain, with AXA Investment Managers and Generali Investments as key investors. Valued at EUR 10 million with a 3-year maturity, this bond … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Digital Green Bond, ESG Traceability, Ethereum blockchain, Financial, investment, SOCIÉTÉ GÉNÉRALE, sustainability, transparency
(IN BRIEF) ING Group has received notification from the European Central Bank regarding the 2023 Supervisory Review and Evaluation Process (SREP), which has resulted in a decision on ING’s prudential requirements, including capital requirements for the year 2024. As a … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING Group, investment, Prudential Capital, Requirements
(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release
(IN BRIEF) DHL Express has announced the appointment of new regional CEOs for its Europe and Americas regions. Mike Parra, the current Americas CEO, will take on the role of CEO for DHL Express Europe. Andrew Williams, the current CEO … Read the full press release
Posted in Business, Germany, Government, Industrial, Management, News, Transportation & Logistics
Tagged Americas, Andrew Williams, appointment, CEOs, DHL, Europe, John Pearson, leadership, Mike Parra
(IN BRIEF) Siemens AG and Intel Corporation have signed a Memorandum of Understanding (MoU) to work together in enhancing digitalization and sustainability in the field of microelectronics manufacturing. The collaboration aims to advance manufacturing processes, improve factory operations, enhance cybersecurity, … Read the full press release
(IN BRIEF) Eni, the energy company, has signed a Sustainability-Linked revolving credit line for a duration of five years, amounting to €3 billion. This credit facility is tied to two sustainability targets outlined in Eni’s Sustainability-Linked Financing Framework, which was … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged Eni, Financial, investment, renewable energy, sustainability
(IN BRIEF) José Luis Ferreira Trindade has been named the Eurojust National Member for Portugal, assuming the role starting from November 8, 2023. He succeeds António Cluny, who held the position since 2014. Prior to his appointment as National Member, … Read the full press release
Posted in Business, Government, Industrial, Law, Management, Netherlands, News, Security & Safety
Tagged António Cluny, appointment, Eurojust, José Luis Ferreira Trindade, leadership, National Member, PORTUGAL
(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and the European Investment Fund, has announced a partnership with Mission Innovation to promote clean energy innovation on a global scale. The collaboration aims to facilitate access … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, clean energy, EIB, EIF, Eleanor Webster, INNOVATION, Maroš Šefčovič, Mission Innovation, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the inclusion of climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed, and municipal clients from lower-middle-income countries where it operates. These CRDCs will allow … Read the full press release
(IN BRIEF) Starting from January 1, 2024, the United Kingdom will officially become an associated country to Horizon Europe, the European Union’s research and innovation program. This milestone was achieved as the EU-UK Specialized Committee on Participation in Union Programs … Read the full press release
(IN BRIEF) During the COP 28 summit in Dubai, the European Investment Bank (EIB) and the Development Bank of Rwanda (BRD) have formalized an agreement designed to promote sustainable development in Rwanda. The €20 million line of credit, accompanied by … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Development Bank of Rwanda, EIB, partnership, sustainability, sustainable development
(IN BRIEF) The European Investment Bank (EIB) has announced an additional EUR 100 million investment for the Aqaba Amman Desalination and Water Conveyance project in Jordan. This project aims to desalinate water from the Red Sea and transport it to … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Aqaba Amman Desalination and Water Conveyance Project, European Investment Bank, Gelsomina Vigliotti, H.E. Ayman Safadi, H.E. Zeina Toukan, JORDAN, Olivér Várhelyi, partnership, Pierre-Christophe Chatzisavas, sustainability, Zeina Toukan
(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Denmark, EIB, Europe, Kasper Kiim Jensen, partnership, renewable energy, sustainability, Thomas Östros, Ørsted
(IN BRIEF) The European Investment Bank (EIB), managing the EU for Ukraine Fund, held its initial Contributors’ Committee meeting and approved its first project financing of €25 million for Ukraine’s equity growth fund, Horizon Capital Growth Fund IV (HCGF IV), … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, EU for Ukraine Fund, HCGF IV, Horizon Capital, Lenna Koszarny, partnership, SMEs, sustainability, Teresa Czerwinska, UKRAINE, Ukrainian Tech
(IN BRIEF) Molgas, a prominent player in downstream LNG and Renewable Gas supply and distribution in Western Europe, has announced key leadership changes. Fernando Sarasola, who has served as CEO since 2008, will transition to the role of Executive Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged appointment, Athanasios Zoulovits, Blue Grid, CEO, Esperanza Sanchez, Executive Chairman, Fernando Sarasola, InfraVia, Javier Romeo Montes, Juan Menchero, leadership, Molgas, Sofoklis Papanikolaou
(IN BRIEF) Rheinmetall, a Düsseldorf-based tech enterprise, has secured a significant order to provide artillery ammunition in support of Ukraine’s defensive efforts. The contract, valued at approximately €142 million, involves the supply of tens of thousands of 155mm artillery shells, … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Ukraine
Tagged artillery ammunition, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Investor AB has announced the appointment of Christian Cederholm as its new President and CEO, effective from the Annual General Meeting on May 7, 2024. Cederholm, who currently serves as the Head of Patricia Industries and has been … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged appointment, CEO, Christian Cederholm, Investor AB, Jacob Wallenberg, Johan Forssell, leadership, President
(IN BRIEF) Researchers from ETH Zurich, Empa, and Stanford University have made a remarkable discovery that excited electrons can straighten the crystal lattice of perovskite nanocrystals, increasing their symmetry rather than causing disorder. This unexpected finding could pave the way … Read the full press release
(IN BRIEF) Jamk University of Applied Sciences organized a hackathon in collaboration with Valio Ltd. to address the challenge of seasonal variation in milk production. Swedish Elvenite AB emerged as the winner of ValioHackathon 2023/11/28 by proposing a data-driven solution … Read the full press release
Posted in Business, Commodities, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, Media, News
Tagged Agnes Lindell, Elvenite, Elvenite AB, Hackathon Competition, Hanna Castro, Jamk University, Niclas Lovsjö, partnership, Sanna Nokka, Seasonal Milk Production, sustainability, Ulf Jahnsson, Valio, ValioHackathon
(IN BRIEF) Associated British Ports (ABP) has taken a significant step in its property strategy by acquiring the freehold of a 227.5-acre site known as Stallingborough Interchange. This acquisition underscores ABP’s commitment to expanding its commercial port opportunities, encompassing automotive, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABP, acquisition, Cllr Philip Jackson, Damien Jaines-White, Greg Lacey, Humber ports, partnership, Simon Bird, Stallingborough Interchange, sustainability
(IN BRIEF) In preparation for an active and sustainable 2024, Associated British Ports (ABP) has welcomed Lex Hanham to its Business Development team, where she will lead initiatives aimed at accelerating the UK’s clean energy transition. With over 15 years … Read the full press release
(IN BRIEF) Italian power grid operator Terna, under the leadership of Giuseppina Di Foggia, has achieved an unprecedented feat by ranking first in the 2023-2024 edition of “Webranking Europe 500,” a prestigious continental ranking that evaluates the quality and transparency … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Italy, Management, News, Technology
Tagged Awards, digital communication, Giuseppina Di Foggia, Terna, Webranking Europe 500
(IN BRIEF) Barry Callebaut, a prominent chocolate manufacturer, has celebrated the one-year anniversary of its chocolate and compound factory in Casablanca, Morocco. The factory, established in partnership with Attelli SARL, has become a hub for manufacturing excellence and innovation in … Read the full press release
Posted in Business, Economy, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Amine Mebrouki, Attelli SARL, Barry Callebaut, Casablanca, Chocolate Manufacturing, Maximilian Auer, MOROCCO, Sweet Success, Van Houten Professional (VHP)
(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Asnæs Power Station, Avedøre Power Station, Carbon Capture Project, Denmark, Lars Aagaard, Mads Nipper, Martin Damm, Ole Thomsen, partnership, sustainability, Søren Friis Trebbien, Ørsted
(IN BRIEF) Roche, a leading pharmaceutical company, has announced its definitive merger agreement to acquire Carmot Therapeutics, a privately owned US-based company specializing in obesity treatment and related metabolic diseases. The acquisition includes Carmot’s portfolio of clinical stage subcutaneous and … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Carmot Therapeutics, CT-388, Levi Garraway, metabolic disease, Obesity Treatment, Roche, Thomas Schinecker, USA
(IN BRIEF) In a significant environmental initiative, the Philippines’ Department of Environment and Natural Resources has announced its participation in the World Economic Forum’s Blue Carbon Action Partnership during COP28. This partnership aims to accelerate the restoration and conservation of … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Switzerland
Tagged Alfredo Giron, Antonia Loyzaga, coastal ecosystems, COP28, DENR, Global Blue Carbon Conservation Drive, Indonesia, mangroves, partnership, PHILIPPINES, salt marshes, seagrasses, sustainability, World Economic Forum
(IN BRIEF) BT Group, in collaboration with the charity AbilityNet, is calling on individuals to participate in “The 12 Scams of Christmas” webinar, a crucial initiative aimed at enhancing online safety during the holiday season. With scammers frequently targeting vulnerable … Read the full press release
Posted in Business, Education, Financial, Industrial, Internet & Online, Management, Media, News, Security & Safety, Technology, Telecom, United Kingdom
Tagged 'The 12 Scams of Christmas' Webinar, AbilityNet, BT Group, Festive Season, Lucy Walsh, Online Users, partnership, SECURITY, Victoria Johnson
(IN BRIEF) In a groundbreaking move at COP28, the Nordic Investment Bank (NIB) has introduced a robust climate strategy, pledging to chart a sustainable future. This forward-looking strategy commits NIB to concrete, science-based targets aligned with the Paris Agreement, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News
Tagged Climate Strategy, COP28, Luca de Lorenzo, Nordic Investment Bank (NIB), partnership, sustainability
(IN BRIEF) Thales, the global technology company, has successfully completed the acquisition of Imperva ahead of schedule, marking a significant milestone in the company’s cybersecurity expansion plans. The acquisition positions Thales as a worldwide leader in cybersecurity, with a team … Read the full press release
Posted in Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, Cybersecurity, Imperva, Jesper Trolle, partnership, Patrice Caine, SECURITY, sustainability, Thales
(IN BRIEF) Professor Laura Bojke, an esteemed expert in health economics from the University of York’s Centre for Health Economics, has been named the Inaugural Chair of the World Health Organization (WHO) Advisory Group on Economics for Environment, Climate Change, … Read the full press release
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