Category «News»

World stumbling into a new era of risk, concludes SIPRI report 

Stockholm, 23 May 2022) World leaders are failing to prepare for a new era of complex and often unpredictable risks to peace as profound environmental and security crises converge and intensify, according to a major report by the Stockholm International Peace Research Institute (SIPRI). The report, Environment of Peace: Security in a New Era of …

World Economic Forum Unveils Virtual Global Collaboration Village as the Future of Strong Public-Private Cooperation

The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and diversify participation in advancing the global public interest The Global Collaboration Village will leverage new technology to shape innovative solutions for critical global challenges For more information on the Annual Meeting, …

Capgemini signs agreement to acquire Chappuis Halder & Cie to further expand its consulting expertise in Financial Services  

Acquisition will support the growth of Capgemini’s strategy, business transformation and sustainability services for Corporate Investment Banking and Wealth Management clients   India, May 16, 2022 – Capgemini announced today that it has entered into a share purchase agreement (SPA) to acquire Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm …

Urgent Action Needed to Ensure a Resilient Energy Transition Amid Severe Global Challenges

World Economic Forum’s new report, Fostering Effective Energy Transition 2022, says energy transition must address the challenges to environmental sustainability, energy security and energy justice and affordability The pace of energy transition needs to be supercharged, as demonstrated by recent spike in fuels prices, challenges to energy security, and the slow progress on climate action …

Progress on corporate transparency in EU

GRI remains committed to alignment as draft European Sustainability Reporting Standards unveiled Amsterdam, 2 May 2022 – The publication of the exposure drafts for the new European Sustainability Reporting Standards (ESRS) have been welcomed by GRI, the world’s leading provider of standards on sustainability impacts. Since July 2021, GRI has worked with the European Financial …

Rise in Cyber Threats Targeting the Global Education Sector, but India the biggest Victim?

2nd May, 2022 – CloudSEK has identified a 20% increase in cyber threats targeting the global education sector in the first quarter of 2022, as compared to the same period in 2021. The growing global education and training market is a breeding ground for cybercriminals targeting entities and institutions in the sector. Remote learning, digitization of education, and …

ArcelorMittal announces investment of €300 million in Mardyck, France, to produce electrical steels for industry and electromobility

ArcelorMittal has announced an investment of more than €300m, with the support of the French government, to create a new production unit for electrical steels at its Mardyck site in the north of France. This investment will create more than 100 direct jobs. With this new unit, which will specialise in the production of electrical …

Many companies and governments to continue business with Russia despite increasing sanctions on the country, says GlobalData

Amid increasing sanctions and calls for exiting or scaling back businesses in Russia by many global enterprises, some companies and countries have decided to continue their business relations with the country, finds GlobalData. The leading data and analytics company found that cryptocurrency exchanges such as Coinbase and Binance have decided not to ban Russian users …