(IN BRIEF) The UK economy is expected to receive a significant boost as fans spend an additional £233 million during the European Championships and Paris Olympics this summer. Experian Economics highlights increased spending in pubs, bars, supermarkets, and on electronics … Read the full press release
Posted in Business, Economy, Entertainment, Financial, Government, Industrial, Investment, Ireland, Management, Media, News, Retail, United Kingdom
Tagged European Championships, Experian, Financial, investment, Mohammed Chaudhri, Paris Olympics, UK economy
(IN BRIEF) A new study reveals that diabetes cost the UK nearly £14 billion in 2021/22, with over £10 billion in direct NHS costs. Complications from diabetes account for the largest share of these costs. Despite advancements in management technologies, … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Colette Marshall, Diabetes, Diabetes UK, Financial, investment, Nick Hex, Prevention and Care, University of York, wellness
(IN BRIEF) Ahlstrom, as part of the Ahlström Collective Impact initiative, will invest nearly EUR 800,000 in UNICEF’s global educational program in 2024. This collaboration aims to address the digital divide by bringing digital learning to millions of children, training … Read the full press release
Posted in Business, Education, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Technology
Tagged Ahlstrom, Global Education Program, investment, Johanna Talvela, Mary Puddepha, partnership, UNICEF
(IN BRIEF) Cargotec Corporation’s demerger plan, approved on February 1, 2024, is set to split its Kalmar business area into a new entity, Kalmar Corporation. Shareholders will receive demerger consideration in the form of new shares in Kalmar. Cargotec has … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Cargotec, demerger, Financial, investment, Kalmar, partnership, sustainability
(IN BRIEF) Hamburg-based renewable energy operator Encavis AG (listed on the MDAX) recently concluded its Annual General Meeting (AGM) by resolving to retain its entire consolidated earnings, bolstering the company’s internal resources to propel accelerated growth. The decision reflects Encavis … Read the full press release
(IN BRIEF) Shell plc’s Board unveiled today the equivalent dividend payments for the first quarter 2024 interim dividend, originally announced on May 2, 2024, at US$0.344 per ordinary share. Shareholders were granted the option to receive dividends in US dollars, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Financial, investment, Shell
(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release
(IN BRIEF) AIXTRON, a semiconductor manufacturing solutions provider, has expanded its European presence by acquiring a production site near Turin, Italy, situated in the Piedmont region. This strategic move aims to bolster AIXTRON’s manufacturing capabilities and prepare for anticipated market … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged Adolfo Urso, AIXTRON, Alberto Cirio, Andrea Tronzano, Dr. Felix Grawert, investment, Italy, Marco Gay, partnership, sustainability
(IN BRIEF) In a strategic move set to redefine connectivity and earth observation services in Japan and across Asia, a consortium of leading Japanese businesses and banks, spearheaded by NTT DOCOMO, Inc. and Space Compass Corporation, commits a substantial USD$100 … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Aalto, Airbus, HAPS Commercialization, investment, Japan, partnership, sustainability, Zephyr
(IN BRIEF) Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) has disclosed the updated number of shares and votes as of May 31, 2024, with a total of 3,348,251,735 shares, including 261,755,983 A shares and 3,086,495,752 B shares. The total votes amount to … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Financial, investment, Shares buyback, Telefonaktiebolaget LM Ericsson
(IN BRIEF) Fugro has successfully concluded its share repurchase programme, initiated on 20 March 2024, aimed at meeting obligations under its employee share programmes. During the period from 29 May to 30 May, the company repurchased 87,322 shares at an … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, Fugro, investment, share buyback programme
(IN BRIEF) STMicroelectronics, a global semiconductor leader, has unveiled plans for a new high-volume silicon carbide (SiC) manufacturing facility in Catania, Italy. This facility, part of ST’s Silicon Carbide Campus, will be fully integrated, covering R&D, manufacturing, testing, and packaging, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology
Tagged investment, Italy, Jean-Marc Chery, partnership, Silicon Carbide (“SiC”) Manufacturing Facility, STMicroelectronics, sustainability
(IN BRIEF) Neste has released its annual Green Finance Report for 2023, showcasing its dedication to combatting climate change and advancing toward a circular economy. In 2023, Neste achieved significant milestones in its sustainable funding journey, including the establishment of … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hanna Maula, investment, Martti Ala-Härkönen, Neste, sustainability
(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) 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) 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) Equinor and Troll partners have committed to investing over NOK 12 billion to enhance the gas infrastructure in the Troll West gas province, aiming to accelerate production from the reservoir and sustain high gas export levels leading up … Read the full press release
(IN BRIEF) Equinor ASA announced an ordinary cash dividend of USD 0.35 per share and an extraordinary cash dividend of USD 0.35 per share for the fourth quarter of 2023. The NOK cash dividend per share is calculated based on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Equinor, Financial, investment
(IN BRIEF) Stellantis N.V. announced the commencement of the second tranche of its Share Buyback Program, covering up to €1 billion of the total €3 billion program, starting from May 23, 2024, until August 30, 2024. Under this agreement, Stellantis … Read the full press release
Posted in Automotive, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Financial, investment, Share Buyback Program, Stellantis
(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, along with key stakeholders, met in Luanda to announce the Final Investment Decision (FID) for the Kaminho deepwater project in Angola. TotalEnergies, alongside partners Petronas and Sonangol, will develop the Cameia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Angola, Diamantino de Azevedo, Gaspar Martins, investment, João Lourenço, Kaminho Project, partnership, Patrick Pouyanné, Paulino Jerónimo, PETRONAS, Sonangol, sustainability, Tan Sri Tengku Muhammad Taufik, TotalEnergies
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