Fleet managers across the UK are treading cautiously when it comes to adopting artificial intelligence (AI) technology, setting them apart from their European counterparts, a new survey reveals. According to the study by Geotab Inc., only 32% of UK fleet managers believe AI will streamline access to data and generate actionable insights, compared to significantly […]
The European Union has postponed the introduction of its biometric Entry/Exit System (EES), which had been scheduled to launch on 10 November 2024. The delay follows concerns from Germany, France, and the Netherlands regarding their readiness to support the system’s technical requirements. Together, these three countries handle approximately 40% of the passenger traffic that would […]
In a major development for the biotechnology sector, Adaptive Biotechnologies Corporation witnessed a remarkable 29% surge in its stock value following a key regulatory milestone. The company announced that its flagship product, the clonoSEQ Assay, has secured In Vitro Diagnostic Regulation (IVDR) certification in the European Union, making it the first and only test approved […]
British energy giant bp and Spanish utility Iberdrola have officially approved the construction of Spain’s largest green hydrogen plant. The 25 megawatt (MW) facility, set to be operational by the latter half of 2026, will be located at bp’s Castellón refinery. This marks the first collaborative hydrogen initiative by the two companies through their joint […]
In a dramatic twist that has stunned Venezuela and shocked the international community, opposition leader Edmundo González has fled Venezuela and sought asylum in Spain. The former presidential candidate, who many consider the legitimate winner of Venezuela’s controversial July 2024 elections, left the country on a Spanish Air Force plane. This unexpected move represents a […]
In a significant move set to reshape Spain’s banking landscape, the European Central Bank (ECB) has given its much-anticipated approval to Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid for Banco Sabadell. This green light from the ECB removes a significant regulatory hurdle, clearing the way for one of the largest mergers in the European banking […]
Héroux-Devtek Inc., the world’s third-largest landing gear manufacturer and a major player in the aerospace industry, announced a decisive step forward in its acquisition by Platinum Equity Advisors, LLC. At a special meeting on September 6, 2024, an overwhelming 99.25% of shareholders approved the plan of arrangement for the $1.35 billion deal, a strategic move […]
Brenmiller Energy Ltd., a leader in thermal energy storage solutions, experienced an uptick in its stock following a promising update on its project pipeline and improved financial performance for the first half of 2024. The Israel-based company, known for its innovative bGen thermal storage technology, has unveiled a pipeline comprising 49 potential projects valued at […]
Wellbred Trading SA, a prominent player in the renewable energy sector, has made a significant move towards global expansion by acquiring the Prémery-based refinery, La Nivernaise de Raffinage SAS. This strategic acquisition is set to enhance Wellbred’s footprint in the French renewable energy market, marking a pivotal moment in the company’s growth strategy. Wellbred Trading […]
In a dramatic comeback at the Paris 2024 Olympics, the Indian Men’s Hockey Team, captained by Harmanpreet Singh, clinched the bronze medal with a 2-1 victory over Spain. This significant win took place at the Yves-du-Manoir Stadium, where India added a record-extending thirteenth medal to its Olympic hockey achievements. The match was particularly poignant as […]