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Centre approves ₹16.63 billion infrastructure upgrade for Kerala NH project
3 days ago
European Commission authorizes Spain to deploy €25 million fisheries fuel subsidy amid Middle East supply shocks
16 hours ago
Healthcare Holding Schweiz AG broadens European medical footprint with acquisition of Compet Medical AG
16 hours agoFinance Monitor
Sumitomo Mitsui Trust Bank allocates up to 380 billion yen for three-year digital and AI transformation
Sumitomo Mitsui Trust Bank will invest between 360 billion and 380 billion yen over three years into advanced digital technology. The strategy focuses on proprietary artificial intelligence deployment and expanding online retail banking accounts via an existing telecommunications joint venture.
Canada Life hands IT infrastructure overhaul to TCS in a bid for greater resilience and automation
Canada Life has signed a multi-year agreement with Tata Consultancy Services (TCS) to modernize its European IT infrastructure. TCS will apply AI and automation to manage data centres, end-user computing, and software lifecycles, aiming to improve operational resilience and user experience across the insurer’s UK, Irish, Isle of Man, and German operations.
OpenFX enters European market through strategic acquisition of licensed payment specialist Embed B.V.
Cross-border financial platform OpenFX has signed a definitive agreement to acquire Amsterdam-based Embed B.V. The acquisition secures OpenFX its initial regulated infrastructure footprint within the European Economic Area and the United Kingdom.
Tech Watch
ESA activates first tranche of Sentinel-1 Next Generation satellite development with industrial prime contractors
The European Space Agency has authorized the initial funding phase for the Sentinel-1 Next Generation Earth observation mission at the ILA Berlin Airshow. The project establishes a manufacturing framework to deploy two advanced radar imaging satellites to enhance global climate and security monitoring.
Orange completes €4.25 billion buyout of MasOrange, consolidating Spanish telecom leadership
Orange has finalized the acquisition of the outstanding 50% stake in MasOrange from joint venture partner Lorca for €4.25 billion in cash. The transaction gives Orange full ownership of Spain’s largest telecom operator by customers and will result in full financial consolidation of the unit starting immediately.
TGS secures 55-day offshore 3D seismic data acquisition contract in Africa and Middle East region
Energy data firm TGS has been awarded a critical 55-day marine streamer acquisition contract in the Africa and Middle East region, deploying its high-capacity 3D Ramform vessel to support upstream oil and gas exploration starting September 2026.