Search Results for: Retail

Global Postal Industry Marks 40% Emissions Reduction on Green Postal Day, Sets Ambitious 2030 Targets

Posted on 19, September 2024 by

(IN BRIEF) On Green Postal Day 2024, postal companies worldwide celebrated a 40% reduction in CO2 emissions since 2008. These companies are working towards further lowering emissions by 50% by 2030, with a focus on using renewable energy and sustainable … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology, Transportation & Logistics

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HSBC Deploys Quantum-Secure Technology to Protect Tokenised Gold from Future Cyber Threats

Posted on 19, September 2024 by

(IN BRIEF) HSBC has successfully piloted quantum-secure technology to protect tokenised physical gold from future cyber threats posed by quantum computing. The bank partnered with Quantinuum to use post-quantum cryptography (PQC) and Quantum Origin technology, safeguarding HSBC’s gold tokens against … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, United Kingdom

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Deutsche Bank Taps Raffael Gasser to Lead Wealth Management & Private Banking in Germany

Posted on 19, September 2024 by

(IN BRIEF) Deutsche Bank has appointed Raffael Gasser as the new Head of Wealth Management & Private Banking in Germany, starting November 1, 2024. Gasser, who brings extensive experience from UBS and Credit Suisse, will oversee services for affluent and … Read the full press release →

Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News

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SEB Restructures to Drive Strategic Growth, Strengthen Customer Focus, and Boost Innovation

Posted on 17, September 2024 by

(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release →

Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology

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ING Repurchases 3,282,664 Shares in Ongoing €2.5 Billion Buyback Program

Posted on 17, September 2024 by
ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has repurchased 3.28 million shares between September 9 and 13, 2024, as part of its €2.5 billion share buyback programme, at an average price of €16.20 per share, totaling €53.17 million. To date, ING has repurchased 134.31 … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News

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€97 Million Investment to Boost Sicily’s Renewable Energy with New Wind Farm

Posted on 17, September 2024 by

(IN BRIEF) The European Investment Bank (EIB) and Natixis CIB are providing €97 million in financing to Libeccio S.r.l. for a new wind farm in Mazara del Vallo, Sicily. With a capacity of 44.8 MW, the wind farm will provide … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News

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SUEZ Invests in Purple Alternative Surface to Scale Up Plastic Recycling for Sustainable Paving Solutions

Posted on 16, September 2024 by

(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release →

Posted in Business, Construction, Environment, France, Industrial, Infrastructure & Utilities

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Otto Group Appoints David Heckel as New Vice President of Group Tax, Succeeding Peter Carstens

Posted on 14, September 2024 by

(IN BRIEF) The Otto Group has appointed David Heckel as Vice President of Group Tax, effective October 1, 2024. Heckel, currently head of Corporate Tax at Otto, will succeed Peter Carstens, who will retire in mid-2025 after 25 years of … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology

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NIB and Kesko Sign €150 Million Sustainability-Linked Loan to Cut Emissions and Food Waste

Posted on 14, September 2024 by

(IN BRIEF) NIB and Kesko have signed a €150 million, 7-year sustainability-linked loan aimed at reducing Kesko’s greenhouse gas emissions and food waste. The loan’s interest rate is tied to Kesko’s progress on three key performance indicators: a 90% reduction … Read the full press release →

Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, News, Retail

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Wolters Kluwer Nominates IT Leader Anjana Harve to Supervisory Board

Posted on 13, September 2024 by

(IN BRIEF) Wolters Kluwer has nominated Anjana Harve, currently the EVP and CIO at BJ’s Wholesale Club, for a position on its Supervisory Board, pending approval at an Extraordinary General Meeting (EGM) on October 28, 2024. Harve, a seasoned IT … Read the full press release →

Posted in Business, Industrial, Management, Netherlands, News, Technology

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MATR Foods Secures €20 Million EIB Loan to Boost Plant-Based Meat Production

Posted on 13, September 2024 by

(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release →

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

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DHL Express Invests Over €100 Million to Expand Capacity for 2024 Peak Season

Posted on 12, September 2024 by

(IN BRIEF) DHL Express is preparing for the 2024 peak season by investing over €100 million to boost its transport and handling capacity. The company will deploy eight new Boeing 777 freighters on key routes between Asia and Europe, improving … Read the full press release →

Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics

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Otto Group Becomes First in Europe to Implement Boston Dynamics’ Stretch Robot for Logistics

Posted on 11, September 2024 by

(IN BRIEF) The Otto Group has integrated Boston Dynamics’ Stretch robot into its logistics operations, becoming the first in Europe to do so. The robot is designed to autonomously unload containers, increasing efficiency and addressing labor shortages. This move is … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology, Transportation & Logistics

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CNP Vita Assicura Awards €15.6 Billion Asset Management Mandate to Ostrum AM

Posted on 10, September 2024 by

(IN BRIEF) CNP Vita Assicura, a subsidiary of CNP Assurances, has entrusted Ostrum Asset Management with a €15.6 billion asset management mandate following a competitive tender. The partnership covers fixed income, equities, and multi-asset investments, along with risk management services … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Italy, Management, News

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Sainsbury’s Partners with SAP, Accenture, and AWS to Modernize Commercial Systems and Enhance Customer Experience

Posted on 10, September 2024 by

(IN BRIEF) Sainsbury’s has partnered with SAP, Accenture, and AWS to modernize its commercial systems as part of its “Next Level Sainsbury’s” strategy. The project will enhance agility, reduce technology costs, and simplify internal systems by moving to cloud-based solutions. … Read the full press release →

Posted in Business, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Technology, United Kingdom

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Software AG Boosts Sustainability Performance by 30%, Earns Bronze in EcoVadis 2024 Assessment

Posted on 10, September 2024 by

(IN BRIEF) Software AG has improved its sustainability performance by 30% in the 2024 EcoVadis assessment, earning a bronze medal with a score of 63. The company achieved notable progress in the areas of Environment, Labor & Human Rights, and … Read the full press release →

Posted in Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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Consumer Alert: Surge in Fake Website Scams Costing UK Shoppers Millions

Posted on 7, September 2024 by

(IN BRIEF) A recent report reveals a significant increase in online fraud involving fake websites, leading to an estimated £6.6 million in losses for UK shoppers. Scammers create counterfeit sites that mimic popular brands, luring consumers with fake discounts. Many … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology, United Kingdom

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Logistics Network Strengthened: Maersk Expands U.S. Presence with New El Paso Facility

Posted on 6, September 2024 by

(IN BRIEF) Maersk has opened a new 402,000-square-foot warehouse in El Paso, Texas, to enhance cross-border logistics between the U.S. and Mexico. Located near the Ysleta-Zaragoza International Bridge, the facility features 73 dock doors, oversized cargo ramps, and 116 truck … Read the full press release →

Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics

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Pharrell Williams Teams with LEGO for ‘Over the Moon’ Set, Promoting Creativity and Inclusivity in Play

Posted on 5, September 2024 by

(IN BRIEF) Pharrell Williams has teamed up with the LEGO Group to launch a new LEGO set called “Over the Moon,” which features a space shuttle with a golden canopy and a vibrant jet stream. This collaboration aims to inspire … Read the full press release →

Posted in Business, Construction, Denmark, Education, Entertainment, Financial, Industrial, Investment, Management, Marketing, Media, News

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Germany Honors Freddie Mercury with Commemorative Postage Stamp

Posted on 4, September 2024 by

(IN BRIEF) Germany’s Deutsche Post has honored Freddie Mercury, the legendary Queen frontman, with a commemorative postage stamp as part of its “Legends of Pop/Rock Music” series. The stamp, which features an iconic image of Mercury on stage with a … Read the full press release →

Posted in Awards, Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Marketing, News, Transportation & Logistics

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WHEB Asset Management Leads with Early Adoption of ‘Sustainability Impact’ Label Under FCA’s New SDR Rules

Posted on 3, September 2024 by

(IN BRIEF) WHEB Asset Management is set to adopt the ‘Sustainability Impact’ label for its FP WHEB Sustainability Fund, making it one of the first to do so under the UK’s new Sustainability Disclosure Requirements (SDR). The fund will be … Read the full press release →

Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom

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Sainsbury’s Launches Industry-First Egg Farmer Support Group to Ensure Future Resilience and Sustainability

Posted on 29, August 2024 by

(IN BRIEF) Sainsbury’s has launched the Sainsbury’s Egg Group, an industry-first initiative designed to support over 100 UK egg farmers by ensuring financial stability, promoting sustainable practices, and improving animal welfare. The group will guarantee that farmers receive at least … Read the full press release →

Posted in Agriculture, Business, Environment, Financial, Food & Beverage, Industrial, Investment, Management, News, Non Profit, Retail, United Kingdom

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IKEA Partners with Adyen to Enhance Global Payment and Loyalty Systems

Posted on 29, August 2024 by

(IN BRIEF) IKEA has partnered with Adyen to streamline its global payment processes and improve customer experiences across both online and in-store channels. Through Adyen’s financial technology platform, IKEA will gain deeper insights into customer behaviors, enhancing its cross-channel loyalty … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Sweden, Technology

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flatexDEGIRO Strengthens Leadership with Appointment of Oliver Behrens as CEO and Expands Executive Team

Posted on 29, August 2024 by

(IN BRIEF) flatexDEGIRO AG has appointed Oliver Behrens, a seasoned financial industry leader, as its new CEO, effective October 1, 2024. Behrens, who previously served as CEO of Morgan Stanley Europe SE, brings extensive experience in brokerage and international finance. … Read the full press release →

Posted in Banks, Business, Economy, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Technology

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DWS Strengthens Renewable Energy Portfolio with Swedish Onshore Wind Farm Acquisition

Posted on 29, August 2024 by

(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release →

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

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Capgemini Acquires Syniti to Strengthen Data-Driven Transformation Capabilities

Posted on 28, August 2024 by

(IN BRIEF) Capgemini has announced its acquisition of Syniti, a global leader in enterprise data management, to bolster its expertise in data-driven digital transformations. The acquisition will enhance Capgemini’s ability to support large-scale SAP migrations, particularly to SAP S/4HANA, and … Read the full press release →

Posted in Business, Financial, France, Government, Industrial, Investment, News, Technology

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Achmea Restructures Syntrus Achmea for Strategic Growth in Mortgages and Real Estate

Posted on 28, August 2024 by

(IN BRIEF) Achmea has announced a restructuring of its subsidiary, Syntrus Achmea Real Estate & Finance B.V., to support its growth in the mortgage and real estate sectors. Effective October 1, 2024, the mortgage and real estate activities will be … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News, Real Estate

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CIMIC Group Secures Key Contracts in Australia and India, Expanding Renewable Energy and Real Estate Footprint

Posted on 27, August 2024 by

(IN BRIEF) CIMIC Group has secured two significant contracts: one in Australia to build the second phase of the Western Downs Battery in Queensland for Neoen, featuring a 270 MW / 540 MWh Battery Energy Storage System, and another in … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Spain

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A New Beginning for Chocolat: Rescued Chimp Finds Sanctuary at Monkey World with DHL Express’ Help

Posted on 22, August 2024 by

(IN BRIEF) Chocolat, a disabled chimpanzee rescued from the illegal bushmeat trade, has been successfully relocated from Kenya to Monkey World – Ape Rescue Centre in the UK, thanks to a collaboration between DHL Express and Monkey World. The chimpanzee, … Read the full press release →

Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Non Profit, Transportation & Logistics, United Kingdom

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Ingka Group Invests in Advanced Automation at IKEA South Korea to Boost E-Commerce Fulfillment

Posted on 22, August 2024 by

(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release →

Posted in Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology

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Switzerland Embraces Instant Payments Across Financial Institutions

Posted on 22, August 2024 by

(IN BRIEF) Switzerland launched instant payments on 20 August 2024, with around 60 financial institutions now able to process these transactions, covering over 95% of Swiss retail payments. Instant payments allow for immediate account-to-account transfers, 24/7, offering significant benefits such … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, International Trade, Internet & Online, Investment, Management, Marketing, News, Retail, Switzerland, Technology

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Experian Report: Generative AI and Deepfakes Emerge as Top Fraud Threats, Exposing Gaps in Business Preparedness

Posted on 22, August 2024 by

(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Internet & Online, Ireland, Management, News, Security & Safety, Technology

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Lindsay Goldberg Acquires Majority Stake in Golden State Foods, Strengthening Strategic Growth

Posted on 20, August 2024 by

(IN BRIEF) Lindsay Goldberg, a private equity firm specializing in family and founder-led businesses, has acquired a controlling interest in Golden State Foods (GSF), a major supplier in the foodservice and retail industries. The Wetterau family, who have been long-time … Read the full press release →

Posted in Agriculture, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Law, Management, News, United Kingdom

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DHL Strengthens Commitment to Esports with Extended Partnership with ESL FACEIT Group

Posted on 17, August 2024 by

(IN BRIEF) DHL Group has extended its partnership with ESL FACEIT Group, continuing its role as the Official Logistics Partner for major esports events and expanding its involvement with the Snapdragon Pro Series and DreamHack festivals. The collaboration enhances DHL’s … Read the full press release →

Posted in Business, Entertainment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Technology, Transportation & Logistics

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Synology Expands Nordic Presence Through Strategic Partnership with Gandalf Distribution AB

Posted on 17, August 2024 by

(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release →

Posted in Business, Denmark, Environment, Financial, Finland, Government, Iceland, Industrial, Investment, Latvia, Management, News, Norway, Sweden, Technology

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IKEA Revolutionizes Warehouse Operations with AI-Powered Drones

Posted on 16, August 2024 by

(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Security & Safety, Technology

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Schroders Capital Secures £2 Billion Real Estate Mandate from Wales Pension Partnership, Expands Investment in Local and UK-Wide Initiatives

Posted on 14, August 2024 by

(IN BRIEF) Schroders Capital has secured a £2 billion real estate mandate from the Wales Pension Partnership (WPP), following a previous £500 million private equity mandate. This new mandate will see up to £400 million invested in local initiatives across … Read the full press release →

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

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IKEA Launches Global Sleep Improvement Campaign with Record-Breaking Pyjama Gathering

Posted on 14, August 2024 by

(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release →

Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden

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PUMA Strengthens GCC Leadership with Key Appointments in Middle East and Turkey

Posted on 14, August 2024 by

(IN BRIEF) PUMA has announced leadership changes to bolster its presence in the GCC and surrounding regions. Johan Kuhlo has been appointed as Managing Director for the GCC, overseeing key markets like the UAE and Saudi Arabia, effective September 1. … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Germany, Government, Industrial, Management, News, Sports, Technology, Turkey

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Ahold Delhaize Launches Enhanced Delhaize App, Expanding Unified Digital Experience Across Europe

Posted on 14, August 2024 by

(IN BRIEF) Ahold Delhaize has launched a new app for its Belgian brand, Delhaize, as part of a six-country rollout plan. This app enhances customer experience with an intuitive interface, enriched loyalty features, and improved in-store functionalities. The app, designed … Read the full press release →

Posted in Belgium, Business, Environment, Financial, Food & Beverage, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology

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