Welcome to the Business Beat 💼 – your daily market journey starts here!
Stay ahead of the curve with our daily selection and engage with a community of readers who share your passion for business insights and economic developments.
Latest Business Headlines:
- Aedifica Schedules General Meetings For 14 May 2024.
Aedifica NV/SA, a real estate company on Euronext Brussels, shared a press release about their Ordinary and Extraordinary General Meetings on May 14, 2024. - Update: Austria’s GDAT Inks Deal for 20 H175 Airbus Helicopters
Airbus Helicopters and GDAT Thursday entered into a significant contract involving up to 20 H175 helicopters. - Update: New Kerbside Chargers Tested in Cologne
Rheinmetall, the German defense contractor, in partnership with TankE GmbH and the City of Cologne, Thursday introduced curb chargers in public spaces, aimed at addressing the increasing demands of urban mobility and supporting the transition to electric vehicles. - Holcim Proposes Dividend of CHF 2.80 Per Share
Holcim Friday announced their 2024 Annual General Meeting in Zug, Switzerland, proposing a dividend increase. - Aedifica: 10 Projects Completed in Q1 2024
Aedifica, a Belgian real estate company listed on Euronext Brussels and Euronext Amsterdam, said Thursday it completed 10 projects in Q1 2024, totaling around €74 million. - Update: T-Systems and Frequentis To Run Dublin Airport’s Digitization
T-Systems and Frequentis are enhancing Dublin Airport’s digitization by integrating airport management solutions, optimizing maintenance processes, and improving passenger satisfaction, Deutsche Telekom said Thursday. - Update: Novartis Offers €68 Per MorphoSys Share
Novartis said Thursday it begins a tender offer for MorphoSys AG, offering EUR 68.00 per share in cash, representing a 142% premium. - Machine Learning in Aviation: CFM LEAP Engines’ Health Monitoring
CFM International, a pioneer in aviation technology, is setting new standards in engine health monitoring with the integration of advanced machine learning capabilities into its LEAP engine series. - Update: Australia’s Largest Defense Export Is Going To Germany – Rheinmetall
Australia and Germany have embarked on a historic defense partnership with the signing of a production contract for 123 Boxer Heavy Weapon Carrier vehicles. - Update: Porsche SE Issued Record Bond
Porsche SE said Wednesday, it issued a record 1.6 billion euro bond for potential investments and refinancing, with two tranches and high demand. - Update: “AI Is Here To Stay” – Telekom CEO
Deutsche Telekom’s CEO, Tim Höttges, Wednesday expresses confidence in the company’s future growth, emphasizing the importance of artificial intelligence (AI) and leveraging economies of scale. - DHL Group Makes Vitesco Lead Logistics Partner
DHL Group announces a strategic partnership with Vitesco Technologies to manage logistics flows in Europe from March 2024 through a center in Poland. Subscribe to their notification service for updates. - Airbus: 63 Deliveries to 32 Customers, 137 Gross Orders in March 2024
Airbus published commercial aircraft orders and deliveries for March 2024 on their website, detailing 63 deliveries to 32 customers and 137 gross orders. - Sartorius and TheWell Bioscience to Develop Hydrogels and Bioinks
Sartorius AG said Tuesday it will collaborate with TheWell Bioscience on hydrogels and bioinks for 3D cell models in drug research. - Airbus Enhances Fleet with CFM’s LEAP-1A Engines Featuring Reverse Bleed SystemCFM delivers LEAP engines reducing fuel nozzle maintenance burden.
- Daimler Truck Reports Mixed Q1 2024 Sales Results, Notable Increase in Electric Vehicle Sales
Daimler Truck AG, a global leader in the truck and bus manufacturing industry, reported its first-quarter sales for 2024, showing a mixed performance across different market segments. - Germany Supports Ukraine with 20 More Marder Infantry Fighting Vehicles
This order, placed in March 2024, extends the company’s support to Ukraine and is valued in the mid double-digit million Euro range. - Update: Wienerberger Secured a €600 Million Credit Line
Wienerberger secured a €600 million credit facility to finance the Terreal roofing business acquisition and refinance a maturing bond, ensuring long-term financing until 2033. - Marseille To Receive 2 Million Tonnes of Algerian LNG Until 2025 – TotalEnergies
Sonatrach delivering two million tonnes of LNG annually to TotalEnergies at the Fos-Cavaou port near Marseille - Update: Japan Buys Autonomous Vehicles From Rheinmetall
Multi-million Dollar Contract Paves the Way for Autonomous UGVs in Japan. - DSM-Firmenich Launches €156 Million Share Buyback
dsm-firmenich plans to repurchase 1.5 million shares for share-based compensation plans, worth €156 million. - Update: Leqvio Reduces LDL-C in ASCVD Patients – Novartis
Novartis data shows Leqvio reduces LDL-C in ASCVD patients when added early after statin therapy. - T-Systems Wins Biggest Deal In The Nordics Yet
In a move signaling a significant shift in the IT landscape of the Nordics, Danish IT giant KMD has partnered with T-Systems for the management of its mainframe infrastructure. - Hermès Opens New Leather Goods Workshop
Situated in L’Isle-d’Espagnac, France, this workshop, set to open in 2025, will be the twenty-fourth of its kind in the country, further cementing Hermès’ commitment to French production and artisanal excellence. - Rheinmetall Opens New Plant in Hungary
Rheinmetall, the German defense group, Friday said it expanded its presence in Hungary with the establishment of a new plant in Szeged - A1 Austria Acquires NTT Austria GmbH
A1 Austria said Thursday it acquires NTT Austria GmbH, an IT service provider and specialist in the Intelligent Workplace, pending authorities’ approval. - UCB: FDA Considers BIMZELX Drug for Treatement in Additional Health Conditions
UCB said Thursday the US Food and Drug Administration (FDA) agreed to consider approving the drug BIMZELX for treating two additional health conditions, severe Hidradenitis Suppurativa and additional device presentations. - Aedifica Sets Extraordinary General Meeting
Aedifica NV/SA announces Extraordinary General Meeting and Ordinary General Meeting on May 14, 2024. - Qiagen Opens AACR With New Products
AACR Annual Meeting is the focal point of the American Association for cancer research, starting Friday at the in the San Diego Convention Center. - Update: Andreas Berger Takes Over Swiss Re CEO Role In July
Swiss Re announced Andreas Berger as the new Group CEO effective July 1, 2024, succeeding Christian Mumenthaler.