TUM Develops Groundbreaking AI Chip with Brain-Inspired Design for Energy-Efficient, Cloud-Free Processing

(IN BRIEF) The Technical University of Munich has developed a revolutionary AI chip, the AI Pro, designed by Prof. Hussam Amrouch. Unlike traditional AI chips, the AI Pro performs computations locally, eliminating the need for cloud servers or internet connections, … Read the full press release

Vienna Insurance Group Submits Bid to Acquire Majority Stake in Moldova’s Leading Non-Life Insurer MOLDASIG

(IN BRIEF) Vienna Insurance Group (VIG) has submitted a bid to acquire 80% of MOLDASIG S.A., one of Moldova’s leading non-life insurance companies, as part of a multi-stage process initiated by the Moldovan government. With a market share of approximately … Read the full press release

Standard Chartered Reports Projected 36% Growth in Global Islamic Finance Assets by 2028

(IN BRIEF) Standard Chartered has released a new report, Islamic Banking for Financial Institutions: Unlocking Growth Amidst Global Shifts, forecasting that global Islamic finance assets will grow to USD7.5 trillion by 2028. The report reveals significant growth in Islamic finance, … Read the full press release

NORDEN Signs Major Port Logistics Agreement with Kimberley Metals Group to Optimize Iron Ore Supply Chain in Australia

(IN BRIEF) NORDEN has expanded its logistics services in Australia by entering into a port logistics agreement with Kimberley Metals Group (KMG) at the port of Wyndham, Western Australia. The project will see NORDEN providing additional assets for the transshipment … Read the full press release

Vaisala Joins AGCLIMATE Consortium to Drive Innovative Solutions for Reducing Greenhouse Gas Emissions in Agriculture

(IN BRIEF) Vaisala has joined the AGCLIMATE project, a Finnish-led initiative aiming to reduce greenhouse gas emissions from agricultural fields. The project, which brings together leading research institutions and companies, focuses on developing practical tools for the food industry to … Read the full press release

Francesco Picchioni’s Revolutionary Rubber Recycling Method Earns Prestigious Ben Feringa Impact Award

(IN BRIEF) Francesco Picchioni, Professor of Chemical Technology at the University of Groningen, was awarded the Ben Feringa Impact Award for his innovative rubber recycling method, which preserves the quality of recycled rubber. His technique, which involves mechanically breaking down … Read the full press release

ANDRITZ to Supply Cutting-Edge Tissue Production Line for TNPL’s Entry into the Tissue Market in Tamil Nadu

(IN BRIEF) ANDRITZ has been selected by Tamil Nadu Newsprint & Papers Ltd. (TNPL) to provide a state-of-the-art tissue production line at its Unit II mill in Mondipatti Village, Tamil Nadu. This investment represents TNPL’s strategic move into the tissue … Read the full press release

BayWa AG Approves Restructuring Plan, Extending Financing Until 2028 and Securing EUR 201.6 Million Capital Increase

(IN BRIEF) BayWa AG has secured approval for its restructuring plan under the German StaRUG framework. The plan includes extending financing until 2028 and a capital increase of up to EUR 201.6 million. Despite not meeting the quorum for shareholders, … Read the full press release

Euronext Welcomes Seven New Companies to ELITE, Expanding the Portuguese Business Network

(IN BRIEF) Euronext has welcomed a fifth group of Portuguese companies into the ELITE network, marking the third cohort of the World Trade Center Lisboa International Academy by ELITE. Seven new companies, spanning various industries, have joined the network, collectively … Read the full press release

Solstad Maritime Successfully Listed on Euronext Oslo Børs with Market Capitalisation of NOK 10.5 Billion

(IN BRIEF) Solstad Maritime was listed on Euronext Oslo Børs today, marking the ninth listing on Euronext in 2025. The company, part of the Solstad Group, has a market capitalisation of NOK 10.5 billion. With 32 vessels serving the global … Read the full press release

ASSA ABLOY Acquires TeleAlarm to Strengthen Senior Care Business and Expand Remote Care Technology Offering

(IN BRIEF) ASSA ABLOY has acquired TeleAlarm Group, a provider of remote care technology based in Leipzig, Germany. TeleAlarm’s solutions, which combine hardware and software to support independent living in the social care and home care sectors, will complement ASSA … Read the full press release

Husqvarna Group Appoints Maria Rönnberg as New EVP People & Organization, Successor to Leigh Dagberg

(IN BRIEF) Husqvarna Group announces the departure of Leigh Dagberg, Executive Vice President of People & Organization, and the appointment of Maria Rönnberg as her successor, effective August 1, 2025. Maria, who joined the company in 2022 as Senior Vice … Read the full press release

Arkema Achieves “A” Rating for Climate Change and “A-” for Water Security in 2024 CDP Assessments

(IN BRIEF) Arkema has earned an “A” rating for Climate Change and an improved “A-” rating for Water Security in the 2024 CDP assessments. These recognitions place Arkema among the top 2% of over 24,700 companies evaluated, highlighting the Group’s commitment … Read the full press release

Deutsche Bank Appoints Hyun-Nam Park as Chief Country Officer and ET Park as CEO of Deutsche Securities Korea

(IN BRIEF) Deutsche Bank has appointed Hyun-Nam Park as the new Chief Country Officer for South Korea and ET Park as CEO of Deutsche Securities Korea. These appointments follow the relocation of Samuel (Sam) Kim to New York, where he … Read the full press release

Eni to Launch €1.5 Billion Share Buyback Program, Aimed at Additional Shareholder Remuneration

(IN BRIEF) Eni has been authorized to launch a new share buyback program, set to run until April 2026. The program will buy back up to 315 million shares, with a maximum value of €1.5 billion, potentially increasing to €3.5 … Read the full press release

BNP Paribas Expands Support for Energy Renovations in France, Addressing Key Barriers to Sustainability

(IN BRIEF) A BNP Paribas study, conducted with Harris Interactive, reveals that while 94% of French people prioritize energy-efficient home renovations, cost and complexity are significant barriers. In response, BNP Paribas plans to support 400,000 renovations across Europe by 2026. … Read the full press release

ENERCON Achieves Milestone with First Kilowatt Hour Fed Into Grid from E-175 EP5 E2 Prototype

(IN BRIEF) ENERCON has successfully commissioned the E-175 EP5 E2 prototype at the Wachendorf site in Lower Saxony, marking a key milestone in the turbine’s development. The E-175 EP5 E2, with a rated power of 7.0 MW and a rotor … Read the full press release

University of Liverpool Marks Key Milestone in New Architecture Building with Traditional Topping Out Ceremony

(IN BRIEF) The Liverpool School of Architecture celebrated the milestone of its new extension with a traditional ‘topping out’ ceremony. The £23 million extension, designed by O’Donnell + Tuomey, will offer students enhanced teaching and research facilities, including virtual reality … Read the full press release

ELKO Becomes First Distributor in Region to Offer Cutting-Edge Wireless Connectivity Solutions from Ceragon and Siklu

(IN BRIEF) ELKO has become the first regional distributor to offer wireless connectivity solutions from Ceragon and its sub-brand Siklu, expanding its portfolio with high-performance microwave and millimeter-wave technologies. These solutions, trusted by over 600 service providers worldwide, cater to various … Read the full press release

Jennifer Lassiter Appointed as Head of Digital Assets for Europe and Americas at Standard Chartered

(IN BRIEF) Standard Chartered has appointed Jennifer Lassiter as Head of Digital Assets for Europe and the Americas, based in New York City. She will lead the Bank’s strategic initiatives in the digital asset space, focusing on expanding capabilities and … Read the full press release