Empowering digital transformation in small businesses

This article is brought to you in association with EBRD. Discover how iFORM, a forward-thinking manufacturing company in Bosnia and Herzegovina, is embracing digital transformation with the support of the European Union. By investing in cutting-edge technologies like a wire-cutting machine and a 3D laser, iFORM is enhancing precision, efficiency, and competitiveness in the manufacturing sector. […]

EIB and Banca Sella provide €200 million to facilitate lending to businesses

This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Banca Sella have signed a €100 million financing agreement to support investments and the working capital and liquidity needs of small and medium businesses (SMEs) and mid-caps, focusing in particular on product and process innovation and projects in cohesion regions. Underpinning […]

Romania: Banca Transilvania signs its first synthetic securitisation, supporting new lending to SMEs and mid-caps

This article is published in association with European Investment Bank. The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has strengthened the long-term co-operation with Banca Transilvania (BT) by approving a synthetic securitisation and new lending commitments. The landmark transaction is BT’s first securitisation transaction and […]

The impact of privacy-enhancing technologies (PETs) on business, individuals and society

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jon Jacobson, Chief Executive Officer, Omnisient Privacy Enhancing Technologies (PETs) unlock the potential for using consumer data to drive positive results for businesses, individuals and society. In this piece, we explore what PETs are, why they should be […]

‘Trust time’ – What this CEO learned from climbing Mount Kilimanjaro

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Linda Lacina, Digital Editor, World Economic Forum, Simon Torkington, Senior Writer, Forum Agenda CEO Yuxiang Zhou shares the lessons he learned while founding Black Lake Technologies.Climbing Kilimanjaro helped him focus on the right solutions and priorities.Building back slowly […]

Taxation: new proposals to simplify tax rules and reduce compliance costs for cross-border businesses

This article is brought to you in association with the European Commission. Today, the European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. Today’s proposal, called “Business in Europe: Framework for Income Taxation” (BEFIT), will make life easier for both businesses and tax authorities […]

Businesses can no longer ignore the need for risk intelligence

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Hersh Shah, Chief Executive Officer, Institute of Risk Management – India Affiliate Risk intelligence is the ability to identify potential risks and take the right action to mitigate them.Risk intelligence bolsters an organization’s resilience and can help it […]

Businesses that prioritize and build trust will thrive in Web3: Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tiffany Xingyu Wang, Chief Marketing & Trust Officer, OpenWeb Digital transformation has swept across sectors for two decades. Having propelled innovative business-to-business startups, direct-to-consumer pioneers and social media platforms at the dawn of Web2 to the top of […]

Why businesses need to think about how they target the generation gap in China

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Cinthia Chen, Managing Director and Partner, Boston Consulting Group, Wu Chun, Managing Director and Senior Partner, Boston Consulting Group, Nikolaus Lang, Managing Director and Senior Partner, Boston Consulting Group China’s middle-class and affluent consumer population will increase by 80 […]

In a polycrisis, how can businesses build the resilience to thrive?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Andrea Willige, Senior Writer, Forum Agenda If the series of crises the world has faced over the past three years has taught the business world one thing, it’s that resilience is vital. And at this time of continued uncertainty […]

ESG data can keep businesses accountable, but only if it can be trusted

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Edwin Low, Director of Enterprise & Ecosystem Development, Infocomm Media Development Authority (IMDA) Singapore Reliable ESG data is the only way to drive meaningful progress on sustainability.As regulators and industry enablers, governments should take a proactive lead in encouraging […]

Mergers: Commission further cuts red tape for merging businesses

This article is brought to you in association with the European Commission. The European Commission has today adopted a package to further simplify its procedures for reviewing concentrations under the EU Merger Regulation. The package includes: (i) a revised Merger Implementing Regulation (‘Implementing Regulation’), (ii) a Notice on Simplified Procedure (‘Notice’), and (iii) a Communication on […]

Do you have ‘diversity fatigue’? Here are 5 ways for businesses to get out of their DEI slump

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda Organizations around the world have stepped up their efforts to create more diverse and inclusive environments. However, ‘diversity fatigue’ is setting in. The term first surfaced three decades ago to describe stress in […]

Circular economy in action: 9 examples of businesses and policy-makers accelerating the transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Megan Murdie, Editor and writer, Circle Economy Today, circularity has fallen from 9.1% to a meagre 7.2%. This means that of the more than 100 billion tonnes of materials extracted from the planet annually, only 7.2% are cycled back […]

Why businesses must focus on long-term value creation to drive sustainability

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeff Shumacher, Founder & CEO, NAX Group What happens when the scale of the industrial revolution meets the speed of the digital revolution? We’re about to find out as we enter a new era that promises to transform the […]

5 ways businesses can implement the new Global Biodiversity Framework

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marie Quinney, Lead, Impact Measurement and Management – Nature Action Agenda, World Economic Forum Geneva, Xinqing Lu, Community Lead, Champions for Nature, World Economic Forum The ground-breaking Kunming-Montréal Global Biodiversity Framework (GBF) at the UN Biodiversity Conference (COP15) was […]

Unlocking the potential of IoT for Brazil small and medium businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact of IoT adoption for SMEs Small and medium-sized manufacturing companies in Brazil will benefit from the collaboration between the Forum’s Platform for Shaping the Future of Urban Transformation and the Centre for the Fourth Industrial Revolution (C4IR) […]

How companies can scale green businesses for a net zero world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rich Lesser, Global Chair, Boston Consulting Group (BCG) Companies and consumers are facing a number of significant challenges, including inflation, the energy crisis in Europe and food shortages. As CEOs navigate this volatile environment, they will need to simultaneously […]

Why big business must support SMEs to achieve economic growth and get to net zero

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henadi Al-Saleh, Chairperson, Agility As the COVID-19 pandemic wanes, policymakers and corporate leaders have arrived at a long overdue conclusion: small business really matters. There’s a consensus that smaller enterprises are critical to the world’s two most pressing challenges. […]

This Swedish start-up is building an electric airliner

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content How do you reduce the carbon impact of flying? For many, electric planes are the answer but, until now, it’s not been possible to apply the technology to airliners. Now, a Swedish start-up […]

Digital skills: How businesses and policymakers can respond to future demand in the labour market

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sander van ‘t Noordende, CEO, Randstad Group, Stefano Scarpetta, Director, Employment, Labour and Social Affairs, OECD Digital technologies like artificial intelligence (AI), the internet of things (IoT) and cloud computing are fundamentally reshaping the world of work. The […]

3 ways business can take action in the fight against climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bob Moritz, Global Chairman, PwC, Antonia Gawel, Head, Climate; Deputy Head, Centre for Nature & Climate Member of the Executive Committee, World Economic Forum As the impacts of climate change hit harder, a new realism is dawning about […]

To the G20: It’s time for universal connectivity and to digitalize small enterprises

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Börje Ekholm, President and Chief Executive Officer, Ericsson Just as electrification transformed the world in the 20th century, digitalization is shaping the 21st century. It is a global engine of sustainable economic growth, a lever to fight climate […]

Corporate geopolitics: How boards navigate a complex and volatile world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Braz Baracuhy, Diplomat, Ministry of Foreign Affairs of Brazil In 1947, after victory in the Second World War, the United States consolidated its position as a global power. It was now bound to shape a new international order […]

International Day of Sign Languages: how business can make a difference

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Elisabeth Pipic, Specialist, Diversity, Equity, Inclusion and Social Justice, World Economic Forum According to the World Health Organization, more than 1.5 billion people (nearly 20% of the global population) currently live with hearing loss and 430 million of […]

How public and private leaders can build a social economy by working with impactful businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel Schmid, Chief sustainability officer, SAP SE, François Bonnici, Director, Schwab Foundation for Social Entrepreneurship; Head, Social Innovation, World Economic Forum, Marcos Neto, Director Sustainable Finance Hub, UNDP & Cheryl L. Dorsey, President, Echoing Green Social innovators have […]

ESG – how can we measure how ‘good’ companies are?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Robin Pomeroy, Podcast Editor, World Economic Forum ESG stands for ‘environmental, social and governance’ issues. Investors are increasingly putting money into companies that claim good ESG performance. But how do we measure that? An expert explains on this […]

The European Commission has approved, under the EU Merger Regulation, the proposed merger between Cargotec and Konecranes. The approval is conditional on the divestiture of certain businesses.

This article is brought to you in association with the European Commission. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Cargotec and Konecranes are two global leaders of container and cargo handling equipment. Port terminal operators, logistics companies and a wide range of industrial players in Europe depend on this equipment to lift and […]

Businesses need clearer governance to get to net zero – CEO survey

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Peter Lacy, Global Sustainability Services Lead and Chief Responsibility Officer, Accenture, Sanda Ojiambo, Chief Executive Officer and Executive Director, United Nations Global Compact The latest United Nations Global Compact-Accenture CEO Study charts a mixed picture of progress and […]

‘Businesses are more trusted than governments’. Here’s how the private sector is stepping up

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gayle Markovitz, Partnerships Editor, World Economic Forum The Edelman Trust Barometer 2022 reveals that businesses and NGOs are more trusted than governments and that most workers expect CEOs to be the “face of change”. Heads of state, business […]

This is how businesses are driving digital inclusion and closing the skills gap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kayleigh Bateman, Senior Writer, Formative Content “Insufficient internal skills” is a problem for employers trying to find digital expertise. A report by BT – a British multinational telecommunications company – has found that the skills gap in the […]

Commission makes software available to all to benefit businesses, innovators and areas of public interest

This article is brought to you in association with the European Commission. Today, the Commission has adopted new rules on Open Source Software that will enable its software solutions to be publicly accessible whenever there are potential benefits for citizens, companies or other public services. The recent Commission study on the impact of Open Source Software […]

Indonesia’s SMEs hold the key to growth. How can they scale up?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Arip Tirta President, Evermos, Prasanti W. Sarli Head of Social Impact, Evermos Indonesia’s small businesses will be an essential driver of the country’s future development. Currently most are micro-enterprises – there is an urgent need to understand how […]

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