Teva Pharmaceuticals, the generics powerhouse, has been slapped with a hefty fine of €462.6 million by the European Commission for anti-competitive practices related to its blockbuster multiple sclerosis drug, Copaxone. The fine marks one of the largest penalties imposed on a pharmaceutical company for breaching antitrust regulations in recent years, surpassing the penalty imposed on […]
In a dramatic and far-reaching decision, AkzoNobel, the global paint and coatings giant, announced that it will cut 2,000 jobs worldwide by the end of 2025. This bold step is part of a larger restructuring effort aimed at reducing costs, improving operational efficiency, and preparing the company to weather market volatility. With approximately 35,700 employees […]
In a gripping contest at the Stade Yves-du-Manoir on Tuesday, the Indian men’s hockey team continued its unbeaten streak in the Paris 2024 Olympics with a commanding 2-0 win over Ireland. Indian captain Harmanpreet Singh was the hero of the day, netting both goals for his team. With this victory, India has further solidified its […]
Microsoft and Proximus Group have entered into a five-year strategic partnership aimed at accelerating their innovative offerings for both business and residential customers, strengthening their digital leadership in Belgium and globally. This collaboration is poised to reinforce the positions of both companies through enhanced product offerings and technology applications. The partnership will focus on three […]
TotalEnergies has finalized its agreements with Alimentation Couche-Tard, a milestone transaction valued at €3.1 billion. The deal, which involved TotalEnergies’ retail networks in Germany, the Netherlands, Luxembourg, and Belgium, was completed in two steps, with the final step concluded on January 3rd, 2024. TotalEnergies received €3.4 billion in cash consideration after adjustments and before tax […]
During the State Visit of the King and Queen of Belgium to Germany, a significant agreement was signed between Fluxys, OGE, and Wintershall Dea. This partnership aims to build a cross-border CO2 pipeline, marking a critical step in supporting the decarbonization of hard-to-abate industries in Germany. Fluxys Belgium, OGE, and Wintershall Dea are collaborating on […]
In a chilling incident in Brussels on Monday evening, two people lost their lives in a shooting spree. Shockingly, the alleged gunman, donning a conspicuous fluorescent orange jacket, managed to escape post the shooting, according to a video sourced from Flemish newspaper Het Laatste Nieuws. The price of this terrifying act: two lives taken prematurely. […]
Asian offshore wind services platform, Cyan Renewables, a subsidiary of Seraya Partners, has declared its acquisition of Groenewind, an advanced Service Operations Vessel (SOV) based in Belgium. The SOV, only two years old and functioning under a 17-year contract, services offshore wind farms in Belgium. The acquisition represents Cyan Renewables’ inaugural venture into Europe. Groenewind, […]
Across the globe, extreme temperatures became a pressing issue on Saturday, as millions of individuals, especially those in the United States, faced dangerously high heat levels. Experts predict unprecedented heatwaves in regions like Europe and Japan, in addition to the severe heat tormenting the US. A significant heatwave spreading from California to Texas reached its […]
BRUSSELS, BELGIUM – Keytrade Bank, Belgium’s premier online bank and a part of the extensive French banking group, Credit Mutuel Arkea, has announced its decision to partner with Infosys Finacle for the modernization of its core banking system. Infosys Finacle, a subsidiary of Indian tech giant Infosys, will replace Keytrade Bank’s existing legacy platform, bolstering […]