(IN BRIEF) Safran Passenger Innovations introduces a groundbreaking enhancement to its RAVE In-Flight Entertainment (IFE) system, now supporting Extended Reality (XR) including Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) devices. Passengers across all cabin classes can now … Read the full press release
(IN BRIEF) EQT celebrates the successful final close of the BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD 1.6 billion, exceeding its original target of USD 750 million. This achievement underscores the growing interest in Asia’s mid-market segment and … Read the full press release
Posted in Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT, Financial, investment, Jean Salata, Mid-Market Growth (MMG Fund), Nicholas Macksey, partnership, sustainability
(IN BRIEF) Swissport, a prominent airport ground service provider, is advancing its sustainability agenda with the introduction of new electric vehicles (EVs) at Basel and Geneva airports. Aligned with the Science-Based Targets initiative, Swissport aims to achieve short-term CO2 reduction … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Travel
Tagged Basel Airport, Bruno Stefani, electric vehicle, Geneva Airport, partnership, sustainability, Swissport
(IN BRIEF) The European Parliament has achieved a significant milestone by approving the first reading of extensive reforms to EU pharmaceutical legislation aimed at fostering innovation and ensuring equitable access to medicines. While commending the progress, the European Society of … Read the full press release
Posted in Business, France, Healthcare, Industrial, Law, Management, News, Pharma & Biotech, Science, Technology
Tagged ESC, European Parliament, Pharmaceutical Legislation Reform, Professor Piotr Szymański
(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged CapMan Infra, Fiber Landscape, Finland, Harri Halonen, Heikki Kaunisto, partnership, Sauli Antila, sustainability, Sweden, Telia Company, Valokuitunen
(IN BRIEF) Swiss Re Institute predicts a significant upswing in profitability for the life insurance industry as global interest rates climb, with an estimated additional USD 1.5 trillion in global life savings premiums projected over the next decade. Higher interest … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Financial, investment, Jerome Jean Haegeli, Life Insurance Profits, Paul Murray, Swiss Re
(IN BRIEF) Eviden, a digital, cloud, big data, and security leader within the Atos Group, partners with Athumi, a data utility company, to integrate Eviden’s innovative ‘clearing house as-a-service’ solution. This groundbreaking implementation facilitates trust management, authorization, contract management, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Athumi, Atos, Belgium, Björn De Vidts, Data Monetization, Eviden, Olivier Clabots, partnership, sustainability
(IN BRIEF) DNV, a renowned energy expert and assurance provider, has collaborated with SN Aboitiz Power Group (SNAP) in the development of a groundbreaking Battery Energy Storage System (BESS) co-located with the Magat Hydroelectric Power Plant in the Philippines. The … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Battery Energy Storage System, Brice Le Gallo, DNV, Magat Hydroelectric Plant, partnership, PHILIPPINES, SN Aboitiz Power Group (SNAP), sustainability
(IN BRIEF) Moody’s, the international rating agency, has upgraded TAG Immobilien AG’s long-term credit rating to ‘investment grade, Baa3, outlook stable,’ citing the company’s robust operational performance and disciplined financial strategy amidst challenging market conditions driven by escalating interest rates. … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Martin Thiel, Moody, TAG Immobilien AG
(IN BRIEF) TotalEnergies, in collaboration with Petrobras and partners in the Atapu and Sépia consortiums, has approved the Final Investment Decision (FID) for the second development phases of the Atapu and Sépia fields situated in the pre-salt Santos Basin, offshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Atapu, Brazil, expansion, Nicolas Terraz, partnership, Petrobras, Sépia, sustainability, TotalEnergies
(IN BRIEF) In a significant move towards bolstering Germany’s energy transition and contributing to global decarbonization efforts, RWE has announced the commencement of its Nordseecluster project. This groundbreaking initiative entails the construction of offshore wind farms with a cumulative capacity … Read the full press release
(IN BRIEF) Today marks a significant milestone in the construction of the new breakwater off the port of Genoa as the first caisson, out of over 90 planned, was laid at a depth of 25 meters. The event saw the … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Alessandro Piana, Breakwater Project, Caisson Laid, Edoardo Rixi, Genoa, Marco Bucci, Matteo Salvini, Paolo Piacenza, Pietro Salini, Webuild
(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group (EIB Group), embarked on a diplomatic mission in Portugal, engaging in crucial discussions aimed at bolstering strategic investments and partnerships in the country. Meeting with key figures including Minister … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Carlos Moedas, EIB, Joaquim Miranda Sarmento, Nadia Calviño, partnership, Pedro Reis, PORTUGAL, Rui Moreira, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has inked a €25 million loan agreement with the regional government of Castilla y León through the Institute for Business Competitiveness of Castilla y León (ICECyL), aiming to support small and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Castilla y León Government, EIB, partnership, SMEs, Spain, sustainability
(IN BRIEF) The Department of Defense has awarded Fincantieri Marinette Marine (FMM) a significant contract exceeding 1 billion US dollars to construct the fifth and sixth Constellation-class frigates for the US Navy. This contract, part of a larger agreement signed … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Fincantieri, Fincantieri Marinette Marine, Frigates, partnership, US Navy
(IN BRIEF) In a groundbreaking exercise conducted during the Mare Aperto 24/Polaris operation, the Italian and French navies assessed the cyber resilience of their platform system networks aboard the Italian Navy’s aircraft carrier Cavour in the Tyrrhenian Sea. Spearheaded by … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Italy, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged cyber resilience, Fincantieri, France, Italy, navies, partnership, Pierroberto Folgiero, Tyrrhenian Sea
(IN BRIEF) In a collaborative effort, Lightsource bp has teamed up with scientists from the CSIC Biological Station in Spain to conduct a groundbreaking study on the habitat use of Lesser Kestrels in Andalusia. Nine kestrels have been equipped with … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Science, Spain, Technology, United Kingdom
Tagged Andalusia, Higher Council for Scientific Research (CSIC), Lesser Kestrel Habitat, Lightsource BP, partnership, Spain, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Hüseyin Özhan as the acting Managing Director for Central Asia, succeeding Zsuzsanna Hargitai. Özhan, a Turkish national, will commence his role on June 1, 2024, continuing to be … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Central Asia, EBRD, Hüseyin Özhan, leadership, Managing Director, Zsuzsanna Hargitai
(IN BRIEF) Royal Philips announces the introduction of its real-time 3D Intracardiac Echocardiography (ICE) catheter, VeriSight Pro, in hospitals across Hong Kong, marking its first clinical use outside the US or Canada. The catheter, guided into the heart’s chambers through … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Bert van Meurs, Dr. Edris Aman, Dr. Michael Lee, Hong Kong Hospitals, Image-Guided Cardiac Procedures, partnership, Philips, Professor Gagan Singh, Queen Elizabeth Hospital, Queen Mary Hospital, sustainability, VeriSight Pro Catheter
(IN BRIEF) Rheinmetall announces a significant order from a NATO customer for the supply of artillery ammunition, totaling nearly €300 million. The order includes tens of thousands of artillery shells and hundreds of thousands of propellant charge modules, with deliveries … Read the full press release
Posted in Belgium, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged artillery ammunition, Belgium, NATO, partnership, Rheinmetall, sustainability
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