Kit Kat chocolate covered wafer bars manufactured by Nestle are seen in London, Britain, July 25, 2018. REUTERS/Hannah McKay/Photo Illustration/File Photo Acquire Licensing Rights LONDON, Sept 19 (Reuters) – Nestle said on Tuesday it has picked WPP Openmind to be its sole media agency in Europe, as the world’s biggest packaged food maker seeks to...
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Category: Tech
Gotion High-Tech and InoBat to establish a 20 GWh battery plant in Europe to supply VW EVs
Weeks after battery developer Gotion-High Tech acquired a 25% stake in startup InoBat, the two companies have signed an agreement to erect a gigafactory in Europe. As a Tier 1 battery supplier to its top shareholder Volkswagen Group, Gotion will look to InoBat to help it provide the German automaker and other marques with EV...
Capsol Technologies wins two further carbon capture contracts in Europe
Europe: Norway-based Capsol Technologies says that it has signed contracts for two new feasibility studies for carbon capture installations at ‘large cement plants’ in the EU. If successful, the plants will proceed to the installation of Capsol Technologies’ CapsolEoP carbon capture systems. Nordic Daily News has reported that the technology reduces the energy consumption of...
Lightspeed leads $27M round backing Plan A to expand its carbon accounting software in Europe
Corporate carbon accounting software provider Plan A has raised a $27 million funding round to expand its team, further develop the capabilities of its platform and expand throughout Europe as it throws its main focus on building its French, UK, and Scandinavian markets. The Berlin, Paris, and London-based company has developed a greentech SaaS solution...
EU-China fight further muddies Brussels ‘Green Deal’ agenda
The EU’s plan to decarbonise its economy and achieve net zero emissions by 2050 was supposed to be Europe’s “man on the Moon” moment. But four years after being announced, parts of the EU’s Green Deal have been watered down or delayed amid backlash from industry, farmers and companies that are facing high inflation and...
Why Europe Will Struggle to ‘De-Risk’ From China
Buzzwords in Brussels come and go. In 2021, the concept of “strategic autonomy” was all the rage in Europe’s corridors of power. In theory, it was meant to signal greater European independence in global affairs. But many of its ostensible goals—in trade, finance, and the economy—were primarily aimed against the United States, not least to...
Buy Japan, Hold US, Sell Europe | Investing.com
Recent data in Europe, such as the purchasing managers’ index (PMI) data, shows that the European economy is weakening. In fact, the in August reflected the deepest contraction in nearly three years, while nearly every economy in the region reported weaker readings, led by Germany. As shown in Figure 1, the Eurozone Composite PMI fell to...
Renew Europe pushes shorter permitting processes for… – Renew Europe
Responding to citizens and businesses’ urgent and rising need for more bandwidth and very high capacity networks across the Union, the European Parliament, led by Renew’s MEP Alin Mituța, is ready to enter negotiations with the Council after having adopted its position on the Gigabit Infrastructure Act on Tuesday morning. In the Parliament’s position, Renew...
European shares inch up as focus turns to cenbank meetings
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 18, 2023. REUTERS/Staff Acquire Licensing Rights Britain’s Ocado Retail returns to growth in number of items sold Tour operator TUI confirms FY outlook on strong bookings B&Q owner Kingfisher cuts profit forecast as Poland, France drag STOXX 600...
ESA looks to transform Europe’s space transportation capability
Enabling & Support 19/09/2023 33 views 1 likes On Earth, raw materials and finished goods move from source to destination with the help of a highly developed logistics network. ESA believes the same will be true in space in the future – made possible by a new generation of reusable launchers, in-space delivery vehicles and...
Iran Raps US, Europe for Depriving Others of Nuclear Technology – Politics news – Tasnim News Agency
In a meeting with his Croatian counterpart Zoran Milanovic, held on the sidelines of the 78th meeting of the UN General Assembly in New York on Monday, Iranian President Ebrahim Raisi highlighted Iran’s willingness to expand political, economic and trade relations with Croatia. Welcoming Croatia’s decision to adopt an independent policy, Raisi stated, “Despite the...
HSMAI Europe Advisory Board members debate ways to find the AI sweet spot
On Monday, 11th September, European hospitality leaders from different HSMAI Europe Advisory Boards discussed the opportunities to accelerate AI knowledge and integration to empower hotel professionals and enhance the guest experience. Finding the balance between man and machine – the AI sweet spot – is crucial to future-proofing the hotel sector, leveraging technology to empower...