Helping industries do better with generative AI: ABB launches Genix Copilot with Microsoft
Building on its long-standing collaboration with Microsoft, ABB has launched ABB Ability Genix Copilot, a generative AI solution that helps energy, utilities and other...
Santander hires Nitin Prabhu as global head of Digital Consumer Bank
Banco Santander announced today that Nitin Prabhu is to join its management team as the global head of Digital Consumer Bank (DCB). DCB is...
Santander to sponsor Williams Racing, complementing its existing partnership with Formula1
Santander announced today a new sponsorship with the Formula 1 team Williams Racing. The bank will become an official partner of the team starting...
ABB invests in Engineering Software Steyr (ESS) to reduce costs and emissions for automotive paint shops
ABB has entered into a strategic collaboration with Austria-based Engineering Software Steyr GmbH (ESS) to develop powerful simulation tools that will transform automotive paint...
ABB acquires Solutions Industry & Building to expand its cable protection systems
ABB announced today it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used...
Santander and Pemberton agree strategic partnership to launch Invensa, a global inventory management and solutions platform
Santander Corporate & Investment Banking (“Santander CIB”), Santander’s global division that supports corporate and institutional clients, and Pemberton Asset Management (“Pemberton”), a leading European...
Life insurance drives global premium growth as interest rates remain higher for longer, says Swiss Re Institute
Global life insurance premiums are forecast to grow at an annual rate of 3% in 2025 and 2026, more than double the rate of...
Swiss Re reports a net income of USD 2.2 billion for the first nine months of 2024
Swiss Re reported a net income of USD 2.2 billion and a return on equity (ROE) of 13.4% for the first nine months of the year. The...
The European Space Agency’s Harmony mission to benefit from advanced ABB infrared instruments
ABB has been selected by the German space and technology company OHB System AG to develop and build the thermal infrared payloads for the...
UBS Switzerland AG’s 2024 third-quarter results
UBS Switzerland AG today published its third-quarter 2024 financial and regulatory key figures. The financials are available under “Holding company and significant regulated subsidiaries...
Swiss Re agrees to sell iptiQ’s European P&C business to Allianz Direct
Swiss Re agrees to sell iptiQ's European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ. Allianz Direct,...
Santander reports profit of €9,309 million (+14%) for the first nine months of the year
Santander achieved an attributable profit of €6,059 million in the first half of 2024, up 16% in current euros versus the same period last year, as...
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New Xero study reveals celebrating success boosts U.S. small business performance
Xero, the global small business platform, has today published new independent research revealing the impact of celebrating business milestones and ‘made-it moments’. The study,...
TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
TeraWulf Inc., a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a...
Crypto Treasury Revolution: How $47B corporate shift creates new investment opportunities
Equity Insider News Commentary – The corporate crypto revolution has moved from experiment to mainstream strategy, as public companies poured $47.3 billion into digital...
RayNeo and Ant Group forge strategic partnership to advance AR glasses innovations in payments and beyond
RayNeo and Ant Group today announced a strategic partnership to develop innovative digital payment solutions globally. Beginning with in-store payment scenarios, the augmented reality...