Ethiopian Airlines Gets Africa’s 1st Airbus A350-1000
Ethiopian Airlines receives the first Airbus A350-1000 in Africa, enhancing its premium service on key routes like Washington D.C. and London.
Hörmann Reisen and Stewa Touristik Reinforce Commitment to Setra Double-Decker Coaches
Bavarian bus companies Hörmann Reisen and Stewa Touristik are adding new Setra S 531 DT double-decker coaches to their fleets.
BASF Partners With Acies Bio To Create Sustainable Fermentation For Fatty Alcohols
BASF partners with Acies Bio to develop sustainable fermentation technology for fatty alcohols from methanol, enhancing raw materials for personal and home care products.
Swiss Re Sells European Property & Casualty Business To Allianz Direct
Swiss Re sells iptiQ's European P&C business to Allianz Direct, closing expected in Q2/Q3 2025.
Update: ECB Reports Growth in EU Bank Assets and Decline in Borrowing Costs
The European Central Bank (ECB) has released its latest consolidated banking data, revealing a 4.54% growth in total assets of EU-headquartered credit institutions, reaching €32.7 trillion as of June 2024.
Update: Telekom and Bankhaus Metzler Test Bitcoin Mining for Grid Stability
Deutsche Telekom’s subsidiary, Telekom MMS, and Bankhaus Metzler have launched a pilot project to test Bitcoin mining as a way to use surplus energy and help stabilize Germany's electricity grid.
Update: IMI Appoints Luke Grant as New Chief Financial Officer
Grant, who has been with IMI for 11 years, will take over from Daniel Shook, who announced his intention to step down in 2024.
Update: Anglo American Sells Its Share in Australian Coal Mines for A$1.6 Billion
Anglo American, the global mining company, announced that it has agreed to sell its share in two Australian coal mines to its partner, Zashvin Pty Limited, for A$1.6 billion, or…