(IN BRIEF) TravelPerk, a leader in business travel management software, has secured a $200 million Series E investment co-led by EQT Growth and Atomico, along with participation from other new and existing investors. The funding round, which boosts TravelPerk’s valuation … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Technology, United Kingdom
Tagged AI, Atomico, Avi Meir, Barcelona, Blackstone, business travel management, Carolina Brochado, corporate travel, corporate travel market, EQT Growth, General Catalyst, INNOVATION, investment, JC Taunay-Bucalo, Kinnevik, Noteus Partners, partnership, Product Development, SaaS, Sequoia Capital, Series E, Softbank Vision Fund, spend management platform, sustainability, T&E, technology, travel and expense management, TravelPerk, US market, Yokoy, £200 million
(IN BRIEF) ABN AMRO’s research emphasizes the financial advantages of early investment in decarbonisation technologies. Companies that invest before 2029 are expected to benefit from lower costs and enhanced competitiveness, helping them meet climate goals. Available technologies, such as electrification, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged 2030 climate goals, ABN Amro, Casper Burgering, decarbonisation, decarbonisation summit, electrification, Emissions Reduction, emissions trading system, energy efficiency, European Green Deal, financial benefits, financial incentives, government regulation, green solutions, greenhouse gas emissions, grid congestion, industrial sectors, investment, Low Carbon Technology, Netherlands, renewable energy, sustainability, technological innovation
(IN BRIEF) NatWest Group has made a minority investment in Serene, an AI platform designed to help detect and address financial vulnerability. The collaboration will enable the bank to enhance its customer support models and provide personalized solutions for individuals … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged AI, AI platform, AI-Driven Solutions, Banking My Way, behavioral science, Cross-Industry Collaboration, Customer Insights, customer support models, David Grunwald, early stage investment, financial difficulties, financial distress, financial ecosystem, financial health, financial support, financial vulnerability, Fuel Ventures, Innovation and Partnerships, investment, market innovation, NatWest Accelerator, NatWest Group, partnership, personalized support, Savannah Price, Serene
(IN BRIEF) thyssenkrupp Steel has completed a key investment in its Bochum facility with the opening of a new annealing and isolating line, marking a major step in its strategy to produce high-tech electrical steel for electric vehicles and energy-efficient … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged annealing and isolating line, Bochum, competitive edge., Dennis Grimm, electric generators, electric mobility, electric motors, electric vehicles, electrical steel, energy efficiency, high-strength multiphase steels, high-tech steel, investment, Manufacturing, modernization, SMS group, steel grades, Strategy 20-30, sustainable production, thyssenkrupp Steel
(IN BRIEF) Pfeiffer Vacuum+Fab Solutions, part of the Busch Group, received the Industrial Service Medal at South Korean Foreign Company Day, an event honoring companies contributing to the country’s economic development. The award recognized Pfeiffer’s A4 series production line of … Read the full press release
Posted in Awards, Business, Electronics & Machinery, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged A4 series production line, Awards, Busch Group, business honor, Fab systems, FORCA, harsh process gases, Industrial Service Medal, investment, Korea Foreign Company Association, leadership, Pfeiffer Vacuum+Fab Solutions, Semiconductor industry, South Korean economy, South Korean Foreign Company Day, South Korean Ministry of Industry, Tae-Sang Lee, Trade and Energy, vacuum pumps
(IN BRIEF) EQT Transition Infrastructure has acquired Scale Microgrids, a leading energy company that designs, develops, finances, and operates microgrids and distributed energy assets in North America. This investment marks EQT’s second significant thematic acquisition in the past month. Scale, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 2.5 GW pipeline, 250 MW, acquisition, clean energy transition, commercial processes, decarbonization, distributed energy assets, distributed generation assets, energy company, energy grid, energy services, energy technologies, EQT Transition Infrastructure, GROWTH, investment, Jan Vesely, Market leader, Microgrids, North America, partnership, Power Systems, project execution, regulatory approval, renewable energy, Ryan Goodman, Scale Microgrids, sustainability, Warburg Pincus
(IN BRIEF) The European Investment Bank (EIB) has provided €16.5 million in EU-backed funding to modernize public transport systems in Kyiv, Mykolaiv, Ivano-Frankivsk, and Odesa. Part of the EIB’s Ukraine Solidarity Urgent Response package, this investment will supply new buses, … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Transportation & Logistics, Ukraine
Tagged EIB, EU, investment, Ivano-Frankivsk, Kyiv, Mykolaiv, Odesa, Oleksii Kuleba, partnership, public transport, Sergii Marchenko, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis
(IN BRIEF) Schroders has been named Impact Investing Platform of the Year at the Environmental Finance Impact Awards, recognizing its outstanding impact management process and robust governance structure. As a leading active asset manager, Schroders has developed a comprehensive cross-asset … Read the full press release
(IN BRIEF) Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has approved the final investment decision for the Bonga North project, a deep-water oil and gas development off Nigeria’s coast. The project, which ties into … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bonga North Deep-Water Project, investment, Nigeria, offshore energy, partnership, Shell, Shell Nigeria Exploration and Production Company Limited (SNEPCo), sustainability, Zoe Yujnovich
(IN BRIEF) Fortum is renewing the main seawater pumps and motors at its Loviisa nuclear power plant as part of investments to extend the plant’s lifespan and ensure reliable electricity production. The seawater pumps, critical to the plant’s cooling system, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has approved €15.6 billion in financing to support key projects across security, energy, climate resilience, and infrastructure. Highlights include €1 billion to support SMEs in security and defence supply chains, €6.8 billion for … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided an €80 million loan to the Port Authority of Bilbao to support the port’s expansion and integration of renewable energy infrastructure. The project will enhance capacity and efficiency at a key … Read the full press release
(IN BRIEF) Tetra Pak and Yellow Dreams have invested €3 million to establish a new recycling plant in Ittervoort, Netherlands, set to begin operations in the second half of 2025. The plant will process the polyAl component from used beverage … Read the full press release
Posted in Business, Environment, European Union, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Switzerland, Technology
Tagged Bas Gehlen, Beverage Carton Recycling Capacity, investment, Kinga Sieradzon, Netherlands, partnership, recycling plant, sustainability, Tetra Pak, Yellow Dreams
(IN BRIEF) Two University of Bristol projects have been awarded funding as part of a £80 million investment by the Engineering and Physical Sciences Research Council (EPSRC) to advance transformative scientific discoveries. Dr. Ben Ward-Cherrier is developing a system to … Read the full press release
Posted in Business, Education, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology, United Kingdom
Tagged Dr. Ben Ward-Cherrier, Dr. Matthew Hennessy, Engineering and Physical Sciences Research Council (EPSRC), innovations, investment, Lord Patrick Vallance, Professor Charlotte Deane, Projects, prosthetics, smart materials, University of Bristol
(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Balz Grollimund, Financial, investment, Jerome Jean Haegeli, natural catastrophes, sustainability, Swiss Re
(IN BRIEF) The Austrian financial community has named “AI bubble” as the stock market taboo phrase of 2024, reflecting concerns over the rapid rise in valuations of companies linked to artificial intelligence (AI). While some warn that the high costs … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Technology
Tagged "AI Bubble", Christoph Boschan, Financial, investment, Manuel Schleifer, Stock Market Taboo Phrase of 2024, Wiener Börse AG, Wolfgang Matejka
(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release
(IN BRIEF) Saxo Bank has released its annual Outrageous Predictions for 2025, presenting a series of speculative scenarios that, while unlikely, could have dramatic effects on global markets if realized. Highlights include a hypothetical second Trump administration disrupting the US … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, International Trade, Investment, News, Technology
Tagged economy, Financial, investment, Outrageous Predictions for 2025, Saxo Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Swedbank Lithuania have partnered to provide €48.4 million in funding for the development of SIRIN PARK GARIŪNAI, a modern logistics park near Vilnius, Lithuania. The project, led by SIRIN … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged EBRD, investment, Laurynas Kuzavas, Lithuania, logistics hub, Martynas Trimonis, partnership, SIRIN PARK GARIŪNAI, sustainability, Swedbank, Tomas Kairys
(IN BRIEF) The European Investment Bank (EIB) and Andalusian company Cunext have partnered on a €30 million loan to build a copper recycling plant in Córdoba, Spain, using advanced electrolysis technology. The facility will produce high-purity copper cathodes from recycled … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Metals and Minerals, News, Spain, Technology
Tagged Antonio Lorenzo, circular economy, Copper Recycling Plant, Cunext, Dámaso Quintana, EIB, investment, partnership, Spain, sustainability
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