Microsoft expands relationship with SES

Microsoft expands relationship with SES

Luxembourg satellite operator SES has signed on Microsoft as the first cloud provider for its next-generation medium Earth orbit system, the company said on Wednesday after unveiling the first satellites of the constellation a day before. SES is planning to launch the first three of its so-called O3b mPower satellites in December and on Tuesday unveiled the hardware at a Boeing factory in California. Two further launches are scheduled for next year. Microsoft has signed up as the network’s first customer providing cloud services, SES said in a statement on…

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EU acknowledges it will have to talk with the Taliban to secure safe passage of EU and local staff

EU acknowledges it will have to talk with the Taliban to secure safe passage of EU and local staff

Foreign affairs ministers held an extraordinary meeting (17 August) to take stock of the situation in Afghanistan. Ministers called for the respect for fundamental rights and the safe passage of EU citizens and local staff, acknowledging that in order to do so they will have to deal with the Taliban. The EU is also in touch with Afghanistan’s neighbouring countries to discuss support for the anticipated migratory impact of the Taliban takeover. EU High Representative Borrell recognized the “momentous” developments as the most significant geopolitical event since the annexation of…

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Former SocGen chief Frédéric Genet has died

Former SocGen chief Frédéric Genet has died

Well-known Luxembourg banking executive Frédéric Genet unexpectedly passed away earlier this month. Frédéric Genet, a leading figure in Luxembourg’s banking sector, died on 4 August at the age of 66. “Frédéric was a leading banking executive, popular in the Luxembourg financial centre,” the International Bankers Club Luxembourg said in an announcement on 17 August. “Over two decades, he developed a keen interest in promoting Luxembourg’s financial industry across global and developing markets.” “He was known in his professional life for his visionary leadership and pragmatic and empathetic approach towards business…

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