Hydraulics Market with COVID-19 Impact Analysis - Global Forecast to 2025: Opportunities in Growing Focus on Smart Hydraulic Equipment & Increasing Adoption of Electric Vehicles

Reuters
French 'HAS' regulator: J&J COVID vaccine could be approved in France by end of this week
The president of France's Haute Autorite de Sante (HAS) health regulator said on Monday that France could approve Johnson & Johnson's COVID-19 vaccine by the end of this week, in line with the timetable for its broader European Union approval. Dominique Le Guludec, president of the French HAS regulatory body, told LCI TV that France could approve the J&J COVID-19 vaccine by Friday or Saturday this week, once it got approval from the European Union's EMA drugs regulator.
3 minutes ago
Business Wire
SES Publishes 2020 Annual Report
SES S.A. published its Annual Report for the year ended 31 December 2020.
3 minutes ago
GlobeNewswire
Goodvalley announces management change
CEO Hans Henrik Pedersen has decided to pursue new professional challenges outside Goodvalley. He joined Goodvalley as CFO and member of the Executive Board in 2016 and was appointed CEO in 2019. Hans Henrik Pedersen has been instrumental in establishing Goodvalley’s current strategy, leading the launch of the Group’s premium food brand, developing the organisation and securing a strong capital structure. Vice CEO Kristian Brokop, who has worked at Goodvalley since 2006 and been a member of the Executive Board since 2017, has been appointed interim CEO. He will work together with Hans Henrik Pedersen to ensure a smooth transition period. “We want to take the opportunity to thank Hans Henrik for his dedication and contribution to making Goodvalley a stronger and more resilient business that has most recently been able to report solid results amid historically challenging market conditions. We wish Hans Henrik all the best in his future endeavours, and we are pleased that Kristian will take up the position as interim CEO with a view to continue on the course that we have set out for Goodvalley together as a carbon neutral and vertically integrated pork producer with clear ambitions of further strengthening our food brand and continuing the strong growth in our branded product sales,” says Anders Obel, Chairman of the Board of Directors. On behalf of the Board of DirectorsAnders Obel, Chairman Further information Group Communications, Jacob Blegvad+ 45 29 69 14 80investor@goodvalley.com Goodvalley at a glance Goodvalley is an international producer of high-quality pork products operating in Poland, Ukraine and Russia based on Danish production standards. The company is to a large extent self-sufficient and masters the whole production chain from field to fork, from growing crops for feed, breeding and slaughtering pigs including using the manure in biogas facilities to produce electricity and organic fertilizer for the fields. Goodvalley is certified as a carbon neutral company by German TÜV and operates according to the highest standards in terms of animal welfare, transparency in the production and sustainable production methods. Attachment Goodvalley announces management change
5 minutes ago
GlobeNewswire
Workforce Management Market to Surge at 10.1% CAGR till 2026; Growing Uptake of AI- Powered Software to Foster Promising Prospects: Fortune Business Insights™
Key Companies Covered in Workforce Management Market Research Report Are NetSuite, Inc., Verint, Cornerstone OnDemand, Inc., WorkForce Software, LLC., Automatic Data Processing, Inc., Oracle Corporation, Infor, IBM Corporation, Ultimate Software, Workday, Inc., SAP SE, Kronos, Inc.Pune, India, March 08, 2021 (GLOBE NEWSWIRE) -- The global workforce management market size is projected to reach USD 5.25 billion by 2026, exhibiting a CAGR of 10.1% during the forecast period. Growing need to enhance productivity and efficiency of employees among organizations will be the central growth driver for this market, as per the new Fortune Business Insights™ report, titled “Workforce Management Market Size, Share & Industry Analysis, By Component (Software, and Services), By Deployment (On-Premise, and Cloud), By Enterprise Size (SMEs and Large Enterprises), By Application (Workforce Analytics, Workforce Scheduling, Time and Attendance Management, and Others), By End-Use Industry (IT and Telecommunication, BFSI, Government, Retail, Healthcare, Education, Manufacturing, and Others) and Regional Forecast, 2019-2026”. The majority of office tasks today are performed in a clockwork manner, requiring executives and other employees to use their decision-making faculties even for routine administrative work. This has resulted in declining productivity of the workforce, necessitating solutions to optimize management of the workforce in companies. For example, Apollo Hospitals, a leading healthcare provider in Asia, deployed the Kronos Workforce Central in early 2019 in a bid to increase the efficiency and productivity of its employees. The product allows staff members to program their schedules and make user engagement easier and more convenient. Incorporation of such innovations by end-users in various sectors is expected to lead the workforce management market trends in the foreseeable future. Request To Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/workforce-management-market-102633 According to the WFM market report, the value of this market stood at USD 2.44 billion in 2018. The report also contains the following insights: In-depth analysis of the key market drivers;A detailed evaluation of the challenges facing the market;Comprehensive research of the regional dynamics of the market;An exhaustive study of all the market segments; andMicroscopic assessment of the competitive landscape of the market. Market Driver Lack of Knowledge about WFM Software Tools to Hamper Growth Managing and maintaining the productivity levels of human resources is an expensive undertaking for companies of all sizes. The Human Capital Management Institute estimates that 70% of an organization’s operating costs are eaten up by employee management tasks. In such a dire scenario, where reducing operational costs is the prime focus in the private sector, the demand for effective workforce management systems is rising as they offer numerous advantages for organizations. For instance, WFM software can empower managers to make more informed decisions due to better access to data. It would also enable managers to select the right person for the right job, ensuring efficiency in task performance. Unfortunately, awareness of these benefits is abysmally low, stemming from the adoption of these technologies, particularly among the small and medium enterprises (SMEs). This can put crippling limitations on the workforce management market growth during the forecast period. Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/workforce-management-market-102633 Regional Analysis Government-led Digitization Initiatives to Drive Market Growth in Asia-Pacific The market size in Asia-Pacific is anticipated to showcase the most impressive growth trajectory in the forthcoming years. The prime factor propelling the market in this region include digitization of services and processes, backed by strong government support. An excellent example of this is Singapore’s ‘Go Digital’ initiates that encourages SMEs to integrate digital solutions in their existing setups. North America, with a revenue generation of USD 0.92 billion in 2018, is poised to dominate the workforce management market share as companies in the region are aggressively implementing cloud-based solutions. Additionally, the region is also home to some of the largest technology giants such as IBM and oracle, which augurs well for this market. In Europe, on the other hand, rising demand for automation is expected to fuel the market. Competitive Landscape Upgradation of Existing Offerings with WFM Solutions to Intensify Competition Companies across the board are recognizing the benefits of WFM tools, creating a wide field of opportunities for players operating in this market. Some key participants are also entering into strategic collaborations to expand their presence in this market, according to the workforce management software market analysis. Industry Developments: January 2020: The Italian gum and confectionary manufacturer Perfetti Van Melle chose Kronos Incorporated, the US-based workforce management leader, to automate its 2,600-strong workforce in eight countries. With Kronos Workforce Central, Perfetti will have a unified WFM platform to monitor its employees as well as optimize its manufacturing processes.October 2019: The American human resource management tools provider Automatic Data Processing, Inc. expanded its WFM solutions portfolio to include ADP Compliance on Demand to track employee performance efficiently. List of Players Profiled in the Workforce Management Market Report: • NetSuite, Inc. • Verint • Cornerstone OnDemand, Inc. • WorkForce Software, LLC. • Automatic Data Processing, Inc. • Oracle Corporation • Infor • IBM Corporation • Ultimate Software • Workday, Inc. • SAP SE • Kronos, Inc. Quick Buy- Workforce Management Market: https://www.fortunebusinessinsights.com/checkout-page/102633 Major Table of Content: Introduction Definition, By SegmentResearch ApproachSources Executive SummaryMarket Dynamics Drivers, Restraints and OpportunitiesEmerging Trends Key Insights Macro and Micro Economic IndicatorsConsolidated SWOT Analysis of Key PlayersPorter's Five Forces Analysis Global Workforce Management Market Analysis, Insights and Forecast, 2015-2026 Key Findings / SummaryMarket Size Estimates and Forecasts By Component (Value) Software Services By Deployment (Value) Cloud On-Premise By Organization Size (Value) SME's Large Enterprises By Application (Value) Workforce Analytics Workforce Scheduling Time and Attendance Management Others (Task Management and fatigue management) By End Use Industry (Value) Telecom and IT BFSI Government Retail Healthcare Education Manufacturing Others By Geography (Value) North America Europe Asia Pacific Middle East and Africa Latin America TOC Continued...!!! Speak To Our Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/workforce-management-market-102633 Have a Look at Related Research Insights: Big Data as a Service (BDaaS) Market Size, Share & COVID-19 Impact Analysis, By Solution (Hadoop-as-a-Service, Data-as-a-Service and Data Analytics-as-a-Service), By Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), By Industry (BFSI, Retail, and E-Commerce, IT & Telecom, Healthcare, Government, Manufacturing, and Others) and Regional Forecast, 2021-2028 Cloud Based Contact Center Market Size, Share & COVID-19 Impact Analysis, By Component (Solutions and Services), By Deployment (Public, Private, and Hybrid), By Organization Size (Large Organizations, Small and Medium-Sized Organizations), By Vertical (Banking, Financial Services, and Insurance, ITES, IT and Telecom, Government, Healthcare, Consumer Goods and Retail, Travel and Hospitality) and Regional Forecast, 2020-2027 Anti-Plagiarism for the Education Sector Market Size, Share & Covid-19 Impact Analysis, By Type (Text Mining, and Integrated Customization Service), By Application (Students, and Teachers), and Regional Forecast, 2020-2027 Video Analytics Market Size, Share & COVID-19 Impact Analysis, By Component (Solutions, Services), By Application (Crowd Management, Facial Recognition, Intrusion Detection, License Plate Recognition, Motion Detection, and Others), By End-user (BFSI, City Surveillance, Critical Infrastructure, Education, Government, Retail, Transportation, and Others), and Regional Forecast, 2020-2027 About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. Contact Us: Fortune Business Insights™ Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India. Phone: US: +1-424-253-0390 UK: +44-2071-939123 APAC: +91-744-740-1245 Email: sales@fortunebusinessinsights.com Fortune Business Insights™ LinkedIn | Twitter | Blogs Read Press Release https://www.fortunebusinessinsights.com/press-release/workforce-management-market-9767 CONTACT: `
7 minutes ago
Bloomberg
Oil Jumps Above $71 After Key Saudi Crude Terminal Attacked
(Bloomberg) -- Brent oil surged above $71 a barrel after Saudi Arabia said the world’s largest crude terminal was attacked, although output appeared to be unaffected after the missiles and drones were intercepted.Futures in London jumped as much as 2.9% to the highest since January 2020 before easing slightly. The kingdom said a storage tank at Ras Tanura in the country’s Gulf coast was targeted on Sunday by a drone from the sea. The terminal is capable of exporting roughly 6.5 million barrels a day -- nearly 7% of oil demand -- and, as such, is one of the world’s most protected facilities.The assault follows a recent escalation of hostilities in the Middle East region after Yemen’s Houthi rebels launched a series of attacks on Saudi Arabia. The new U.S. administration has also carried out airstrikes in Syria last month on sites it said were connected with Iran-backed groups.Oil’s rally accelerated last week after Saudi Arabia and OPEC+ made a surprise pledge to keep output steady in April. The move prompted a raft of investment banks to raise their price forecasts, with Goldman Sachs Group Inc. estimating global benchmark Brent will top $80 a barrel in the third quarter.The broader market is also being supported by bullish Chinese export data and the outlook for U.S. stimulus. President Joe Biden is on the cusp of his first legislative win with the House ready to pass his $1.9 trillion Covid-19 relief plan, the second-biggest economic stimulus in American history.“It’s a perfect mix of bullish news at the moment,” said Warren Patterson, head of commodities strategy at ING Bank NV in Singapore. “It does seem that these attacks are picking up in frequency, so the market may need to price in some risk premium.”The rally north of $70 a barrel means a big headache for Asian refiners, which are warning that the rapid surge and spike in volatility will hurt demand and whittle away still-tight processing margins. Saudi Arabia has also boosted the official selling prices of its crude to buyers in the region for April.See also: Three Reasons Attack Won’t Spike Oil Prices: David FicklingThe Sunday attack is the most serious against Saudi oil installations since a key processing facility and two oil fields came under fire in September 2019, cutting oil production for several days and exposing the vulnerability of the Saudi petroleum industry. That assault was claimed by the Houthi rebels, although Riyadh pointed the finger at Iran.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
9 minutes ago
Australian Associated Press
Lebanese protesters declare a day of rage
Lebanese protesters have declared a "day of rage" by blocking major roads inside the capital Beirut and across the country to protest the political stalemate and a deteriorating economic situation."We are blocking all roads to show the anger of the people," said one demonstrator at the entrance of Beirut city.
10 minutes ago
Business Wire
France: Total Wins 50 MW of Projects in Latest National Solar Tender – Close To 400 MW of Projects Awarded Over Past 18 Months
Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through Total Quadran, its renewable energy subsidiary in France, was awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender. Total thus confirms its position as number 1 in solar development in France with close to 400 MW, the largest volume awarded over the last 18 months.
10 minutes ago
Reuters
First Quad summit meeting likely this week - Japan govt sources
The United States, Japan, Australia and India plan to hold the first meeting of their leaders this week under the so-called Quad framework, three government sources in Japan said. The meeting would take place days before U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin plan to visit Japan and South Korea later this month. The visit by Blinken and Austin will be the first to the Asian allies by the top U.S. foreign policy and defence officials since the Biden administration took office in January and reflects growing concerns about the challenge posed by a rising China and North Korea's nuclear and missile programmes.
10 minutes ago
GlobeNewswire
Global Hemostats Market to Hit USD 5.54 Billion by 2027 Owing to the Increasing Prevalence of Chronic Disease Worldwide | Fortune Business Insights™
Top Players Covered in the Hemostats Market Research Report are Baxter, Integra LifeSciences Corporation, Stryker, CryoLife, Inc., Biom'up, BD (Becton, Dickinson and Company), Medtronic, Johnson & Johnson Services, Inc., Pfizer Inc. and other key market playersPune, India, March 08, 2021 (GLOBE NEWSWIRE) -- The global “hemostats market” size is expected to reach USD 5.54 billion by 2027, while exhibiting a CAGR of 6.3% between 2020 and 2027. This is ascribable to factors such as increasing prevalence of chronic disease and growing demand for technologically advanced products. Fortune Business Insights, publish this information in its latest report, titled “Hemostats Market Size, Share & Covid-19 Impact Analysis, By Product (Active Hemostats, Passive Hemostats, Combination Hemostats, and Others), By Application (Trauma, Cardiovascular Surgery, General Surgery, Plastic Surgery, Orthopedic Surgery, Neurosurgery and Others), By End User (Hospitals & ASCs, Tactical Combat Casualty Care Centers, and Others), and Regional Forecast, 2020-2027.” The report mentions that the market was worth USD 3.72 billion in 2019. Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hemostatic-agents-market-100084 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/hemostatic-agents-market-100084 North America to Remain Dominant: Increasing Adoption of Technologically Advanced Products to Aid Growth Among the regions, the market in North America is expected to remain dominant and hold the highest global hemostats market revenue during the forecast period. In addition to this, the market was worth USD 1.29 billion in 2019 and is projected to witness growth owing to high adoption of technologically advanced product in the forthcoming years. Furthermore, high demand for surgical procedures in the region will favor market growth. Europe, on the other hand, is expected to be the second-most leading region during the projected horizon. This is ascribable to factors such as strong and favorable healthcare expenditure policies in the region. Increasing Adoption of Technologically Advanced Products to Spur Demand Today, technological advancement is propelling the introduction of innovative products that are efficient in achieving hemostasis. In addition to this, these products prove beneficial in reducing the risk of infections, while aiding in lowering down of healthcare costs largely. The several benefits of advanced hemostats is compelling the manufacturers to develop products that have improved features in containing bleeding implications during the surgical procedures. For instance, Baxter introduced TISSEL, a technologically advanced product for the fibrin sealants category that aids in faster recovery and helps to lower down medical costs. Quick Buy Hemostats Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100084 For instance, in April 2019, Baxter announced that its latest product offering, FLOSEAL has received the US Food and Drug Administration (US FDA) approval and unveiled the product at the Association of perioperative Registered Nurses (AORN). The company is focusing on R&D to introduce a cluster of products that can be adopted by surgeons during the surgical procedures, while limiting disruptive blood complications. List of the Companies Operating in the Market: BaxterIntegra LifeSciences CorporationStrykerCryoLife, Inc.Biom'upBD (Becton, Dickinson and Company)MedtronicJohnson & Johnson Services, Inc.Pfizer Inc.Others Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/hemostatic-agents-market-100084 Table of Content: Introduction Research ScopeMarket SegmentationResearch MethodologyDefinitions and Assumptions Executive SummaryMarket Dynamics Market DriversMarket RestraintsMarket Opportunities Key Insights Epidemiology of Key Diseases, Key Countries, 2019 Key Industry Developments - Mergers, Acquisitions, and Partnerships New Product Launches Global Hemostats Market Analysis, Insights and Forecast, 2016-2027 Key Findings / SummaryMarket Analysis, Insights and Forecast – By Product Active Hemostats Thrombin-based HemostatsFibrin Sealants Passive Hemostats Plant-based HemostatsAnimal-based Hemostats Others Combination HemostatsOthers Market Analysis, Insights and Forecast – By Application TraumaCardiovascular SurgeryGeneral SurgeryPlastic SurgeryOrthopedic SurgeryNeurosurgeryOthers Market Analysis, Insights and Forecast – By End User Hospitals & ASCsTactical Combat Casualty Care CentersOthers Market Analysis, Insights and Forecast – By Region North AmericaEuropeAsia PacificLatin AmericaMiddle East and Africa TOC Continued….!!! Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/hemostats-market-100084 Have a Look at Related Reports: Medical Clothing Market Size, Share & Industry Analysis, By Product (Surgical Drapes, Scrubs and Gowns, Gloves, Facial Protection, Sterilization Wraps, Protective Apparels and Others), By Application (Hospitals & Physicians’ Offices, Outpatient Facilities, and Others), and Regional Forecast, 2020-2027 Sleep Apnea Treatment Devices Market Size, Share & Industry Analysis, By Device Type (Positive Airway Pressure (PAP) Devices, Oral Appliances, Masks & Accessories, and Others), By End User (Sleep Laboratories & Clinics, and Homecare & Other Settings) and Regional Forecast, 2019-2026 E-prescribing Market Size, Share & Industry Analysis, By Delivery Mode (Web-based, On-premise), By Prescription Type (Controlled substance, Non controlled Substances) By End User (Hospitals, Physician's offices, Pharmacies) and Regional Forecast, 2019-2026 Dental Crowns and Bridges Market Size, Share & Industry Analysis, By Type (Crowns, and Bridges), By Material (Ceramics, Porcelain Fused to Ceramics, and Metals), By End User (Dental Hospitals & Clinics, Dental Laboratories, and Others), and Regional Forecast, 2019-2026 About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. Contact Us: Fortune Business Insights™ Pvt. Ltd.308, Supreme Headquarters,Survey No. 36, Baner,Pune-Bangalore Highway,Pune - 411045, Maharashtra, India. Phone:US :+1 424 253 0390UK : +44 2071 939123APAC : +91 744 740 1245Email: sales@fortunebusinessinsights.comFortune Business Insights™LinkedIn | Twitter | Blogs Press: https://www.fortunebusinessinsights.com/press-release/hemostats-market-9025
11 minutes ago
Evening Standard
Ole Gunnar Solskjaer rules out late title bid despite Manchester derby win: ‘Man City are too far ahead’
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win. Bruno Fernandes’ penalty and Luke Shaw’s strike saw United triumph 2-0 at the Etihad, ending City’s run of 21 straight wins in all competitions. The result denied City the chance to go 15 points clear at the top and moved United ahead of Leicester into second but they remain 11 points adrift of Pep Guardiola’s side with just ten game to play.
12 minutes ago
Agence-France Presse
Philippine rights watchdog probes deadly anti-communist raids
The Philippines' human rights watchdog said Monday it has launched an investigation after nine people were killed in a series of raids by security forces targeting alleged communist insurgents.
12 minutes ago
Yahoo News Australia
'Sandwiches MUST be good': Man’s desperate act to satisfy food craving
A man is being criticised for flying over 120km in a helicopter to pick up a roast beef sandwich during Covid restrictions.
15 minutes ago
Reuters Videos
Yemen's Houthis attack Saudi oil heartland
Saudi Arabia launched an attack on Yemen's capital Sanaa on Sunday, in response to the targeting of key oil facilities in the Kingdom by Yemen's Houthis.The coalition targeted Houthi military targets in the capital and other Yemeni regions. Earlier, Houthi forces fired drones and ballistic missiles at oil sites and military facilities in Saudi Arabia.One of the sites targeted was a Saudi Aramco facility at Ras Tanura vital to petroleum exports.The facility which houses the world's biggest oil loading facility was attacked with a drone coming from the sea.Saudi authorities said the strike was intercepted, describing it as a failed assault on global energy security.Noone was hurt in the attack and no property was damaged.But the price of brent surged to more than $70 a barrel on Monday, its highest level since January 2020.The Iranian-aligned Houthis have ramped up their attacks on Saudi Arabia in recent days.Announcing Sunday's operation, the armed group said they also targeted military sites in several Saudi cities."The artillery and drone divisions were able to conduct a wide offensive in the depths of Saudi Arabia with 14 drones and 8 ballistic missiles. Of which, we targeted Aramco in Ras al-Tanura port and other military sites in Dhammam."Saudi Arabia is leading a military coalition that intervened in Yemen's civil war in 2015.The escalation in tensions comes as the United States and United Nations make a renewed push for a ceasefire.Last month, U.S. President Joe Biden declared a halt to U.S. support for offensive operations by the coalition, but said the U.S. would continue to help Saudi Arabia defend itself.Yemen's seemingly intractable conflict is largely viewed as a proxy war between Iran and Saudi Arabia.It has left tens of thousands of people dead and the country is on the brink of famine.
15 minutes ago
GlobeNewswire
Leveling up ‘Girls’ toys is the first step in closing the STEM Gender Gap (and ACE and RILEY is on it)
ACE and RILEY ACE and RILEY: Transforming the way girls play. VANCOUVER, British Columbia, March 08, 2021 (GLOBE NEWSWIRE) -- Just in time for International Women’s Day, a Vancouver based, all women start-up, ACE and RILEY is on a mission to close the gender gap in STEM (Science, Technology, Engineering and Math) careers, starting in early childhood by leveling up what we consider ‘girls’ toys. Women currently make up just over 50% of the workforce but only about 22% of STEM careers and less than 10% of engineering careers. The first step in addressing the STEM gender gap is looking at how we have been limiting, socializing and cognitively conditioning our young girls with stereotypical girls toys. A quick jaunt down the girl’s toy aisle will reveal a sea of pink, largely targeted around all the things necessary to prepare a little one for a life of domestic bliss; caring for babies, cooking in the kitchen, cleaning up afterwards, and looking good while doing it with make-up and nail-polish. Beyond the social messages of what can be inferred by this section lies a much bigger issue, these toys are doing very little to help cognitive development during the most essential neurodevelopment time. Just as there are empty calorie foods and nutrient rich foods, there are empty calorie toys and nutrient rich toys, and the nutrient rich toys have not been evenly distributed across genders. During the same critical neurodevelopment time period when girls are learning how to keep the perfect home, boys are interacting with toys that are not only conditioning them to imagine wildly ambitious adventures and careers, such as building a space-ship and traveling and setting up inter-planetary space stations, but they are actively engaging with a plethora of toys that develop visual spatial skills. Research dating back as early as the 70s has supported the notion that preschoolers who engaged in “stereotypical 'boys' play, e.g., trucks, trains, cars, scored higher on spatial ability than those who engaged in stereotypical 'girls' play, e.g., dolls and doll furniture" (Conner & Serbin, 1977) and furthermore, access to stereotypically masculine toys has been a predictor of spatial ability which in turn is predictive of academic success (Serbin, Zelkowitz, Doyle, & Gold, 1990). It’s not that boys are born with a greater aptitude for STEM, it’s that girls have been held back by the lack of cognitively enriching toys marketed towards them at the time when their brain needs them most. We’ve known this for decades and yet very little has been done to rectify the situation and level the playing field for girls. Enter ACE and RILEY, an all women start-up dedicated to transforming the way girls play by creating toys, activities and experiences that promote curiosity, problem-solving and exposure to foundational STEM skills while embracing and encouraging the fun of being a girl. ACE and RILEY have created innovative and unique play sets that build interest and aptitude in all STEM disciplines. The “Curie’osity Signature Science Set” named after the famous two-time Nobel Prize Scientist, Marie Curie, includes a 50-pc microscope set, a lab-coat with a customizable credential badge, safety goggles, a grow your own Magic Wand Experiment, and, wait for it… a luxurious tutu, all for only $99. “Adding elements of dress-up to our STEM sets allows for children to engage and explore the activity longer than if the same activity was presented without the role-play component. We know that children retain information up to 20x better when presented in the form of a story rather than facts alone, therefore the lab coat and microscope can support the “I’m a scientist” narrative and the tutu just makes it more fun” says COO and co-founder Chantelle Stewart. Although there has been a recent push to market toys as gender neutral, this approach doesn’t speak to every child. “There are kids that love wearing frilly princess dresses and glitzy jewellery and they shouldn’t have to choose between being feminine and being a scientist. It’s time to let girls know that these things can co-exist, you can be a ballerina scientist if you want to be” adds Dr. Amy Tanner, CEO and co-founder. “We often get asked, “well what about the boys? Wouldn’t they benefit from playing with dolls and kitchen sets?” and I respond, of course they would, they could learn that these things are not just “girl things” but would boys playing with kitchen sets lead to more men pursuing culinary positions? Men are already well represented as restaurant owners and chefs internationally. Would playing with dolls lead to more men becoming pediatricians? Again, men are not under-represented in the medical fields, thus, boys toys are not holding them back, hindering their development or limiting their career options in the way girls toys have for decades,” adds Dr. Tanner, who studied neurodevelopment and neuroplasticity in infants and toddlers during her PhD studies. Careers in STEM remain among some of the highest paying jobs as well as some of the most critical jobs responsible for dictating the future our children will grow up in. We owe it to our girls to make sure they will have an equal hand in what their future will look like, but we won’t get there without acknowledging how stereotypical girls toys are socially and cognitively limiting the ability to create their future. It’s time to re-design, re-think and revolutionize ‘girls’ toys. Ace & Riley is a Vancouver-based toy company tired of seeing gendered toys persist on toy shelves and is actively producing toys to disrupt this through offering little girls the same opportunities to develop their brains that have long been afforded to little boys. Contact: ACE and RILEYwww.aceandriley.cominfo@aceandriley.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0cce0602-523a-4d8c-b0a4-69e783e094f3
18 minutes ago
Associated Press Videos
Meghan, Harry and Oprah talk about royal rift
Oprah Winfrey's interview with Meghan and Harry produced revelations, such as Meghan saying she experienced suicidal thoughts. Meghan, who is biracial, said there were discussions among the royal family about how dark her son's skin would be. (March 8)
21 minutes ago
Bloomberg
Key Saudi Arabian Oil Site Attacked, Sending Brent Above $70
(Bloomberg) -- Saudi Arabia said some of the world’s most protected oil infrastructure came under missile and drone attack in an escalation of regional hostilities that sent crude prices surging.The attacks on Sunday were intercepted, Saudi Arabia said, and oil output appeared to be unaffected. But the latest in a spate of assaults claimed by Iran-backed Houthi rebels pushed oil prices to above $70 a barrel for the first time since January 2020. The attacks are the most serious against Saudi oil installations since a key processing facility and two fields came under fire in September 2019, cutting production for about a month and exposing the vulnerability of the kingdom’s petroleum industry. Yemen’s Houthi fighters claimed responsibility for that attack, although Riyadh pointed the finger at arch-rival Iran.In Pictures: This Is Where Saudi Arabia Gets Its OilOn Sunday, the Saudi Energy Ministry said an oil storage tank farm at the Ras Tanura export terminal on the country’s Persian Gulf coast was attacked by a drone from the sea. Shrapnel from a missile also landed close to a residential compound for employees of national oil company Saudi Aramco in Dhahran. The compound is home to families of Saudi and expat employees, and there’s a U.S. consulate nearby.Witnesses in the coastal city of Dhahran, where Aramco is also headquartered, reported an explosion rocking the city, and windows shaking. Ras Tanura is about an hour by car up the coast.“Both attacks did not result in any injury or loss of life or property,” a spokesman for the Saudi Energy Ministry said. Two people familiar with the situation also said oil output was unaffected.Brent crude rose as much as 2.9% to $71.37 a barrel on Monday, rising to the highest since January 2020. Oil had already received a boost from an OPEC meetinglast week, that kept a tight leash on supply.Massive FacilityRas Tanura is the world’s largest oil terminal, capable of exporting roughly 6.5 million barrels a day -- nearly 7% of oil demand -- and as such is heavily protected. The port includes a large storage tank farm where crude is kept before it’s pumped into super-tankers. A refinery at the same site is Aramco’s oldest and largest.A Saudi-led coalition has been fighting the Houthis since 2015. The conflict has killed tens of thousands of people and it has triggered what the United Nations says is the world’s worst humanitarian crisis.On Sunday the Saudi-led coalition said a recent U.S. decision to revoke the designation of the Houthis as terrorists had fueled the rise in attacks. The Biden administration has moved to ditch the designation after the UN warned of famine. The administration of Donald Trump adopted the label toward the end of his time as president, and it was seen as a way of increasing pressure on Iran. Biden during his campaign pledged to rejoin a nuclear pact between Iran and world powers.“The Houthi attacks on Saudi Arabia will likely further complicate efforts of the Biden administration to negotiate a follow-on nuclear agreement with the Iranians,” Helima Croft, the head of global commodity strategy and MENA research at RBC Capital Markets in New York, wrote in a research note.The Biden administration would have been placed in a very difficult position if the attacks had resulted in significant casualties or infrastructure damage, after promising to safeguard Saudi Arabia’s security interests, specifically citing the cross border threat from Yemen, she said.The coalition carried out retaliatory air strikes on Yemen’s capital, Sana’a also on Sunday. It said it intercepted missiles and drones launched at the kingdom from Yemen, just as the Houthi rebels claimed a series of attacks -- including on Ras Tanura.The group launched eight ballistic missiles and 14 bomb-laden drones at Saudi Arabia, a spokesman for the Houthis, Yahya Saree, said in a statement to Al Masirah television, which is run by the group.The Houthis have stepped up assaults on Saudi Arabia and last week claimed they hit an Aramco fuel depot in Jeddah with a cruise missile and a military base. It wasn’t clear how much damage had been caused. While such assaults rarely result in extensive damage, their frequency has created unease in the Gulf, affecting oil and shipping markets.(Updates oil prices, adds context)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
21 minutes ago
GlobeNewswire
Boussard & Gavaudan Holding Ltd (EUR): Newsletter February 2021
Good morning, Please find enclosed BGHL February 2021 Newsletter. Best regards, Enquiries: Boussard & Gavaudan Investment Management, LLP Email: info@bgam-uk.com This document is issued by Boussard & Gavaudan Investment Management, LLP. which is authorised and regulated in the conduct of investment business by the Financial Conduct Authority in the United Kingdom. This document is for information purposes only and is not an offer to invest. Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey. Boussard & Gavaudan Holding Limited is registered with the Dutch Authority for Financial Markets as a collective investment scheme under article 1.107 of the Dutch Financial Markets Supervision Act. All investment is subject to risk. Past performance is no guarantee of future performance, and the price of shares in Boussard & Gavaudan Holding Limited can fall as well as rise. Boussard & Gavaudan Investment Management, LLP., One Vine Street, London W1J 0AH, United Kingdom. Attachments BGHL - February 2021 Newsletter - Short version BGHL - February 2021 Newsletter
23 minutes ago
GlobeNewswire
Boussard & Gavaudan Holding Ltd (GBP): Newsletter February 2021
Good morning, Please find enclosed BGHL February 2021 Newsletter. Best regards, Enquiries: Boussard & Gavaudan Investment Management, LLP Email: info@bgam-uk.com This document is issued by Boussard & Gavaudan Investment Management, LLP. which is authorised and regulated in the conduct of investment business by the Financial Conduct Authority in the United Kingdom. This document is for information purposes only and is not an offer to invest. Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey. Boussard & Gavaudan Holding Limited is registered with the Dutch Authority for Financial Markets as a collective investment scheme under article 1.107 of the Dutch Financial Markets Supervision Act. All investment is subject to risk. Past performance is no guarantee of future performance, and the price of shares in Boussard & Gavaudan Holding Limited can fall as well as rise. Boussard & Gavaudan Investment Management, LLP., One Vine Street, London W1J 0AH, United Kingdom. Attachments BGHL - February 2021 Newsletter - Short version BGHL - February 2021 Newsletter
23 minutes ago
GlobeNewswire
Savosolar has agreed on a 30 per cent top guarantee in connection with the Warrant Plan 2-2020
Savosolar Plc Company Announcement, Insider information 8 March 2021 at 8.30 a.m. (CET) NOT TO BE PUBLISHED OR DISTRIBUTED DIRECTLY OR INDIRECTLY TO THE UNITED STATES OF AMERICA, CANADA, NEW ZEALAND, AUSTRALIA, JAPAN, HONG KONG, SINGAPORE OR SOUTHERN AFRICA OR TO ANY OTHER COUNTRY WHERE THE DISTRIBUTION OR PUBLICATION IS ILLEGAL. Savosolar has agreed on a 30 per cent top guarantee in connection with the Warrant Plan 2-2020 Savosolar Plc (“Savosolar” or the “Company”) has entered into an agreement on a top guarantee in the maximum amount of approximately EUR 0.42 million that can be used if the warrants in the Warrant Plan 2-2020 are not fully used for subscription of shares. The warrants were allocated in connection with the rights issue that was carried out during the period between 1 June 2020 and 17 June 2020, where warrants were issued to the subscribers free of charge (the “Warrants”) (the “Warrant Plan 2-2020”). Formue Nord Markedsneutral A/S has through a top guarantee agreement committed to subscribe up to a maximum of 4,349,589 shares at the same subscription price as the one determined according to the Warrant Plan 2-2020 in a directed share issue (the “Directed Issue”). The compensation to the investor shall be paid only to the extent that the top guarantee is used by the Company. A total of 14,498,631 Warrants has been allocated based on the Warrant Plan 2-2020. Each Warrant entitles to subscription of one (1) new share. If all the Warrants would be used for subscription of shares, the total subscription price for the shares would be EUR 1,391,221.84. In case all the Warrants are not used for subscription of shares, the Board of Directors may resolve on a Directed Issue of up to a maximum of EUR 417,366.55 (4,349,589 shares) to the investor at the same subscription price as the one determined according to the Warrant Plan 2-2020.In accordance with the top guarantee agreement the investor is entitled to a guarantee fee equal to 8 per cent of the top guarantee commitment. The compensation to the investor shall be paid only to the extent that the top guarantee is used by the Company.The reason for deviation from the shareholders’ pre-emptive rights in the Directed Issue is to secure capital and improve the Company’s financial position in a cost-effective and timely manner and enable further development and growth of the Company’s business. Hence, there is a weighty financial reason to deviate from the shareholder’s pre-emptive subscription right in the Directed Issue set forth above that may be executed. Advisers Augment Partners AB is acting as financial advisor to the Company in connection with the Warrants and the Directed Issue. Smartius Oy is acting as the legal adviser to the Company on aspects related to the Finnish law. SAVOSOLAR PLC For more information: Savosolar Plc Managing Director Jari Varjotie Phone: +358 400 419 734 E-mail: jari.varjotie@savosolar.com Savosolar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, ”MAR”). The information was submitted for publication by the aforementioned person on 8 March 2021 at 8.30 a.m. (CET). About SavosolarSavosolar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company’s collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savosolar helps its customers to produce competitive clean energy. Savosolar’s vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems – market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savosolar is known as the most innovative company in the business and aims to stay as such. The company has sold and delivered its products to almost 20 countries on four continents. Savosolar’s shares are listed on Nasdaq First North Growth Market Sweden with the ticker SAVOS and on Nasdaq First North Growth Market Finland with the ticker SAVOH. www.savosolar.com. The company’s Certified Adviser is Augment Partners AB, info@augment.se, phone: +46 8-505 65 172. IMPORTANT NOTICE This release or the information contained therein shall not be distributed, directly or indirectly, in Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or the United States. The information contained in this release do not constitute an offer of, or invitation to purchase any securities in any area, where offering, procurement of or selling such securities would be unlawful prior to registration or exemption from registration or any other approval required by the securities regulation in such area. This release is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations issued by virtue of it. Savosolar has not registered, and does not intend to register, any offering of securities in the United States. No actions have been taken to register the shares or the offering anywhere else than in Finland and Sweden. The information contained herein shall not constitute an offer of, or invitation to purchase any securities in any jurisdiction. This release is not a prospectus and does not constitute any offer, invitation or investment advice to subscribe for or purchase securities.
23 minutes ago
GlobeNewswire
The exercise price for the warrants of series (2020:2) TO2 B in TerraNet Holding AB has been determined to SEK 0.80 and the subscription period starts today, March 8, 2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. TerraNet Holding AB (“TerraNet” or the “Company”) completed a rights issue of units during the second quarter of 2020. One (1) unit consisted of two (2) newly issued B shares, one (1) warrant of series TO1 B, one (1) warrants of series TO2 B and one (1) warrant of series TO3 B. Each warrant gives the owner the right to subscribe for one (1) new B share in the Company. The exercise price for the warrants of series TO2 B is to be determined to 70 percent of the volume-weighted average price in the Company’s share on Nasdaq First North Premier Growth Market during the measurement period, from February 22, 2021, to March 5, 2021, however not lower than the quota value of the Company’s share and not higher than SEK 0.80. During the measurement period, the volume-weighted average price in the Company’s share was approximately SEK 2.30, therefore, the exercise price for the warrants of series TO2 B is set to SEK 0.80. The subscription period for warrants of series TO2 B runs from March 8, 2021 up to and including March 19, 2021. If all the warrants of series TO2 B are exercised, the Company will receive approximately SEK 40.4 million before issuing costs. For the warrants to not expire without value, it is required that the holder actively subscribes for new shares no later than March 19, 2021 or sell the warrants no later than March 12, 2021. Please observe that certain nominees might close their applications earlier than March 19, 2021. Full terms and conditions regarding the warrants and information about the Company is available in the prospectus which was approved by the Swedish Financial Supervisory Authority (the "SFSA") and published by the Company on May 22, 2020. The prospectus is available on the Company's website www.terranet.se, as well as the SFSA's website www.fi.se. Summarized terms for the warrants of series TO2 B. Subscription period: March 8 – March 19, 2021. Issue size: 50,502,653 warrants of series TO2 B, which entitles to subscription of 50,502,653 B shares. If all the warrants are exercised, The Company will receive approximately SEK 40.4 million before issuing costs. Exercise price: SEK 0.80 per B share. Last day for trading warrants of series TO2 B: March 12, 2021. Dilution etc.: If all warrants are exercised the share capital will increase with SEK 505,026.53, from SEK 2,170,062.63, to SEK 2,675,089.16. If all warrants are exercised the number of shares will increase with 50,502,653 B shares, from 217,006,263 shares (divided on 2,855,900 A shares and 214,150,363 B shares), to 267,508,916 shares. The dilution at the exercise of all warrants amounts to 18.9 percent of the number of shares and 18.7 percent of the number of votes. Note that the warrants that are not exercised at the latest March 19, 2021, or sold at the latest March 12, 2021, will expire without value. For the warrants not to lose their value, the holder must actively subscribe for new shares or sell the warrants. How warrants are exercised: Nominee-registered warrants (Custody account) Subscription and payment by the exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information. Direct-registered warrants (Securities account) No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form. The warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office. The application form including instructions for payment will be available at TerraNet’s website, www.terranet.se and on Mangold Fondkommission AB’s website, www.mangold.se. Advisers Mangold Fondkommission AB is the financial adviser for TerraNet regarding the warrants. For questions regarding the warrants, please contact:Mangold Fondkommission ABTel: +46 8 5030 1595E-mail: emissioner@mangold.se For more information please contact: Pär-Olof JohannessonTel: +46 70 332 32 62E-mail: parolof.johannesson@terranet.se About TerraNet TerraNet develops software for radio-based solutions and three-dimensional image analysis for advanced driver-assistance systems and autonomous vehicles (ADAS and AV). In-line with Scandinavia’s rich history of bringing innovative safety measures to the automobile industry, TerraNet is pioneering breakthrough safety technology VoxelFlow™ for the ADAS and AV industries at its headquarters in Lund, Sweden and its development sites in Kyiv, Ukraine and Stuttgart, Germany. TerraNet Holding AB (publ) is listed on the Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B.ST). Certified Adviser: Mangold Fondkommission AB, 08-503 015 50, ca@mangold.se. Important information The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in TerraNet in any jurisdiction, neither from TerraNet nor anyone else. This press release is not a prospectus for the purposes of the regulation (EU) 2017/1129 (the ”Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. A prospectus corresponding to an EU growth prospectus as referred to in this press release has been prepared by the Company and published on the Company’s website. The prospectus has been reviewed and approved by the Swedish Financial Supervisory Authority. Each investor in the preferential rights issue is recommended to read the whole prospectus before a potential investment decision is made. This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations. In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” (within the meaning of the United Kingdom version of the EU Prospectus Regulation (2017/1129/ EU) which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it. Information to distributors Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended (“MiFID II”); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the “MiFID II Product Governance Requirements”), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any “manufacturer” (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares in Company have been subject to a product approval process, which has determined that such shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the “EU Target Market Assessment”). Solely for the purposes of each manufacturer's product approval process in the United Kingdom, the target market assessment in respect of the shares in the Company has led to the conclusion that: (i) the target market for such shares is only eligible counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook, and professional clients, as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MiFIR"); and (ii) all channels for distribution of such shares to eligible counterparties and professional clients are appropriate (the “UK Target Market Assessment” and, together with the EU Target Market Assessment, the “Target Market Assessment”) Notwithstanding the Target Market Assessment, distributors should note that: the price of the shares or warrants in TerraNet may decline and investors could lose all or part of their investment; the shares or warrants in TerraNet offer no guaranteed income and no capital protection; and an investment in the shares or warrants in TerraNet is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the preferential rights issue. For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II or UK MiFIR; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares or warrants in TerraNet. Each distributor is responsible for undertaking its own Target Market Assessment in respect of the shares or warrants in TerraNet and determining appropriate distribution channels.
23 minutes ago

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Boussard & Gavaudan Holding Ltd (EUR): Newsletter February 2021

Boussard & Gavaudan Holding Ltd (GBP): Newsletter February 2021

Savosolar has agreed on a 30 per cent top guarantee in connection with the Warrant Plan 2-2020

The exercise price for the warrants of series (2020:2) TO2 B in TerraNet Holding AB has been determined to SEK 0.80 and the subscription period starts today, March 8, 2021