(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … Read the full press release
(IN BRIEF) Webuild has received its largest Tunnel Boring Machine (TBM) in Europe to work on the Salerno-Reggio Calabria High-Speed Rail Line. The 13-meter wide machine, equipped with 18 motors and 10 Megawatts of power, will excavate tunnels for Lot … Read the full press release
(IN BRIEF) Schaeffler AG has announced that its merger with Vitesco Technologies Group AG will officially take effect on October 1, 2024. The merger will involve the absorption of Vitesco Technologies by Schaeffler, with shareholders of Vitesco receiving Schaeffler shares … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Investment, Management, News, Technology
Tagged merge, partnership, Schaeffler, Vitesco Technologies
(IN BRIEF) Schaeffler AG has made strategic appointments to its Executive Board as part of its preparation for a merger with Vitesco Technologies. Thomas Stierle, previously with Vitesco, will lead Schaeffler’s new E-Mobility division starting in October 2024. Dr. Jochen … Read the full press release
(IN BRIEF) The Royal Air Force’s Typhoon aircraft has taken a major step forward with the first test flight of the new European Common Radar System Mark 2 (ECRS Mk2). Developed by Leonardo UK and tested by BAE Systems, this … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Andy Holden, BAE Systems, combat, European Common Radar System Mark 2 (ECRS Mk2), partnership, radar, Royal Air Force's Typhoon aircraft, Tim Bungey
(IN BRIEF) Deutsche Bank has played a key role in helping China’s Ministry of Finance issue €2 billion in international sovereign bonds, marking China’s return to the euro bond market since 2021. The dual-tranche offering, which included three- and seven-year … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged CHINA, Deutsche Bank, Euro Market, partnership, Rose Zhu, Samuel Fischer, sustainability
(IN BRIEF) BBVA has formed a strategic partnership with investment firm KKR, committing $200 million to support KKR’s Global Climate Strategy, which focuses on large-scale climate infrastructure projects like energy transition and electrification. The partnership, announced during Climate Week in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Spain
Tagged BBVA, Global Climate Projects, investment, Javier Rodríguez Soler, KKR, Low-Carbon Infrastructure, partnership, sustainability, USA
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
(IN BRIEF) Fresenius Kabi, in collaboration with Formycon, has received approval from the European Commission (EC) for FYB202, a biosimilar of ustekinumab (marketed as Stelara® by Johnson & Johnson). This biosimilar is approved for the treatment of serious inflammatory diseases. … Read the full press release
Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, Marketing, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Formycon, Fresenius Kabi, FYB202, partnership, safety, Stelara®, sustainability, Ustekinumab Biosimilar
(IN BRIEF) Fresenius Kabi, in partnership with Formycon AG, has received European Commission approval for Otulfi®, a biosimilar of ustekinumab. This new product, authorized for both subcutaneous and intravenous formulations, will treat inflammatory conditions such as Crohn’s disease, plaque psoriasis, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Dr. Sang-Jin Pak, Formycon AG, Fresenius Kabi, inflammatory diseases, Otulfi®, partnership, safety, sustainability, Ustekinumab Biosimilar
(IN BRIEF) SCHOTT Pharma, Gerresheimer, and Stevanato Group have formed the “Alliance for RTU” to promote the adoption of ready-to-use (RTU) vials and cartridges within the pharmaceutical industry. This strategic alliance aims to streamline pharmaceutical manufacturing, improve operational efficiency, and … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Alliance for RTU, cartridges, Gerresheimer, partnership, Ready-to-Use Packaging Solutions, safety, SCHOTT Pharma, Stevanato Group, sustainability, vials
(IN BRIEF) Scania and Fortescue have partnered to develop an autonomous road train solution aimed at transforming the mining industry with increased efficiency and sustainability. The collaboration leverages Scania’s advanced truck automation technology and Fortescue’s mining expertise, focusing on reducing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Australia, Autonomous Road Train, Dino Otranto, Fortescue, Manfred Streit, mining, partnership, Peter Hafmar, Scania, sustainability
(IN BRIEF) TotalEnergies has acquired a 45% stake in gas-producing assets in Texas’ Eagle Ford Basin from Lewis Energy Group, further expanding its U.S. natural gas operations. This move strengthens TotalEnergies’ integration across the gas value chain and follows a … Read the full press release
(IN BRIEF) The Northern Lights CCS facility in Norway is now operational, becoming the world’s first cross-border CO2 transport and storage project. A joint venture between Equinor, Shell, and TotalEnergies, it is part of Norway’s Longship initiative and aims to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Anders Opedal, carbon capture and storage (CCS), Equinor, Northern Lights Facility, Norway, partnership, Shell, sustainability, TotalEnergies
(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged acquisition, Emmanuel Aryee Mokobi, Nigeria, partnership, Prudential, Solmaz Altin, sustainability, Zenith Life
(IN BRIEF) Prudential has entered into a strategic partnership with Bank Syariah Indonesia (BSI), enabling the company to offer Syariah-compliant life insurance through BSI’s extensive network starting in 2025. This collaboration is seen as a key step for Prudential to … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Anil Wadhwani, ASEAN Market, Bank Syariah Indonesia, partnership, Prudential, Solmaz Altin, sustainability, Syariah Insurance
(IN BRIEF) RS Lease has signed a framework agreement with Siemens Mobility to purchase up to 65 Vectron locomotives, with an immediate delivery of 30 units and an option for 35 more. These new Vectron Multi-System and Dual Mode locomotives … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business
Tagged André Küüsvek, Denmark, investment, NIB, partnership, SME, Spar Nord Bank, sustainability
(IN BRIEF) Brightsight, an SGS company, has received official recognition from EMVCo for its Singapore facility, making it an authorized laboratory for conducting EMV security evaluations on platforms and applications (ICC). This accreditation allows Brightsight to provide local and international … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged ASIA, Brightsight, EMVCo, Kai-Fan Chang, partnership, Payment Security Certification, SECURITY, SGS, Singapore
(IN BRIEF) Vattenfall has launched its first agri-PV park, Symbizon, in the Netherlands, which combines solar energy generation with agriculture. Though small at 0.7 MWp capacity, the project aims to optimize the coexistence of solar panels and farming, with solar … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Agri-PV Park, Eric Tonnaer, farming, Netherlands, partnership, solar power, sustainability, Symbizon, Vattenfall
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