The FINANCIAL — According to World Bank, Germany is contributing 10 million euros (about US$12.1 million) to the Health Emergency Preparedness and Response Trust Fund Program (HEPR Program), established last year to help developing countries respond to the health consequences of COVID-19 and increase investments in health preparedness and emergency response.…
Read More »The FINANCIAL -- The German federal government and German credit insurers are…
The FINANCIAL — The European Investment Bank (EIB) and KINEXON, a Munich-based…
The FINANCIAL — Following a series of successful financing activities, adidas has…
The FINANCIAL — According to World Bank, Germany is contributing 10 million euros (about US$12.1 million) to the Health Emergency Preparedness and Response Trust Fund Program (HEPR Program), established last year to help developing countries respond to the health consequences of COVID-19 and increase investments in health preparedness and emergency response.…
The FINANCIAL -- The German federal government and German credit insurers are extending their joint protection shield to secure supply chains by six months until the end of June 2021…
The FINANCIAL — The European Investment Bank (EIB) and KINEXON, a Munich-based global technology leader that develops hardware and software solutions, have signed a €15 million venture debt loan to promote KINEXON’s real-time localisation technology, which enables objects or people to interact in a smarter, more efficient way using the internet of things (IoT). The…
The FINANCIAL — Following a series of successful financing activities, adidas has replaced the syndicated revolving loan facility under participation of KfW, Germany’s state-owned development bank. The company had received the approval of the German government for the participation of KfW in the € 3.0 billion syndicated loan earlier this year to bridge the unprecedented…
The FINANCIAL — bp and Ørsted have today signed a Letter of Intent (LOI) to work together to develop a project for industrial-scale production of green hydrogen – a significant step in developing bp’s hydrogen business. Green hydrogen is made by the electrolysis of water using renewable power, producing zero emissions. In their proposed Lingen…
The FINANCIAL — Nokia has deployed an industrial-grade private wireless 5G campus network at the Nuremburg development center of secure industrial IoT specialist MYNXG. MYNXG will use the Nokia 5G network at its new industrial IoT interoperability test center to develop new secure solutions for the industrial Internet of Things, as well as perform real-life…
The FINANCIAL — Germany became the first donor today to invest in Food Systems 2030, a new World Bank Multi-Donor Trust Fund that proposes to help countries maximize the impact of their public spending and transform their food systems to increase food security and reach their 2030 Sustainable Development Goals. The German Federal Ministry of…
The FINANCIAL — As the largest airline based in Berlin-Brandenburg, easyJet opened a new chapter with the opening of Berlin Brandenburg Airport “Willy Brandt”. The first easyJet aircraft, special flight EJU 3110, was the first to land on time at 2pm at the new airport. The fuel-efficient Airbus 320neo was ceremonially welcomed with a water…
The FINANCIAL — NIB and the Finnish forest industry company UPM-Kymmene Oyj have signed a 10-year loan agreement for EUR 200 million for financing the construction of a biorefinery producing wood-based biochemicals in Leuna, Germany, that will provide bio-based sustainable alternatives for fossil resources. The loan co-finances UPM’s EUR 550 million investment in an industrial scale…
The FINANCIAL — This year is marked by an overall decline in perception of nations’ reputations, and the top-10 NBI nations are not immune to this overall negative sentiment. While Germany retains the top position in the 2020 Anholt-Ipsos Nation Brands IndexSM (NBI) for the fourth year in a row, this year is marked by…
The FINANCIAL — Deutsche Bank helped the European Union (EU) break new records this week by leading its inaugural jumbo social bond. The 17 billion euro issuance, split between a 10 billion euro 10-year and a 7 billion euro 20-year tranche was the largest social bond ever. With an order book exceeding 233 billion euros,…
The FINANCIAL — A new Ipsos survey of more than 12,000 working adults from 27 countries for the World Economic Forum finds 54% of them expressing concern about losing their job in the next 12 months. Perceived job insecurity varies widely across countries: it is stated by three in four workers in Russia, compared to just one…
The FINANCIAL — Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh & McLennan (NYSE: MMC), has announced Achim Lüder as its new Chief People Officer. Based in Frankfurt, Germany, Mr. Lüder is responsible for driving Mercer’s global…
The FINANCIAL — Düsseldorfer Rheinbahn AG and Duisburger Verkehrsgesellschaft AG have jointly ordered 109 Avenio HF high-floor light rail vehicles from Siemens Mobility, including an option for an additional 48 units. The contract also includes the maintenance and servicing of the Duisburg vehicles for 24 years and an option for a further eight years. A 24-year…
For the duration of the winter timetable (until the end of March 2021) Lufthansa will be deploying four of the currently parked Airbus A350-900s to its hub in Frankfurt. The Airbus A350-900 is one of the most modern and environmentally friendly long-haul aircraft in the world. Over the next few months the A350-900 will be…
