TC

TC Energy declares quarterly dividends

Retrieved on: 
fredag, februari 16, 2024

CALGARY, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.96 per common share for the quarter ending Mar.

Key Points: 
  • CALGARY, Alberta, Feb. 16, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.96 per common share for the quarter ending Mar.
  • The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:
    For the period up to but excluding Mar.
  • 2, 2024:
    These dividends are designated by TC Energy to be eligible dividends for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation.
  • The DRP is available for dividends payable on TC Energy’s common and preferred shares.

TC Energy reports record 2023 operating and financial results driven by solid execution

Retrieved on: 
fredag, februari 16, 2024

Driven by solid execution throughout 2023, our unparalleled asset base continued to generate strong operational and financial results, delivering record comparable EBITDA and comparable earnings per common share.

Key Points: 
  • Driven by solid execution throughout 2023, our unparalleled asset base continued to generate strong operational and financial results, delivering record comparable EBITDA and comparable earnings per common share.
  • Our collective efforts in 2023 continued to set the stage for a transformative period for TC Energy.
  • Guided by a clear set of strategic priorities for 2023, including project execution, enhancing balance sheet strength, and maximizing the value of our asset base, TC Energy was successful in delivering on our commitments.
  • Throughout fourth quarter 2023, we continued to see strong, sustained demand for our assets and services that further supported the delivery of record results.

TCBP Provides Shareholder Update and Highlights Upcoming Milestones

Retrieved on: 
onsdag, februari 14, 2024

"The previous year was a time of significant operational achievement for TC BioPharm," said Bryan Kobel, Chief Executive Officer.

Key Points: 
  • "The previous year was a time of significant operational achievement for TC BioPharm," said Bryan Kobel, Chief Executive Officer.
  • We look forward/expect to continue this pattern of execution in 2024 and hitting our key milestones as laid out."
  • Entered into a collaboration agreement with Queen Mary University of London (QMUL) to expand the platform into non-oncology indications.
  • Management is focused on leveraging existing strategic relationships in order to execute partnerships and or collaborations in combination with TCB-008.

The macroeconomic effects of global supply chain reorientation

Retrieved on: 
lördag, februari 10, 2024
Bank, Control, Quarterly Journal of Economics, Literature, Deutsche Bundesbank, Reconstruction, COVID-19, Monetary policy, Medical classification, Aggregate, Interest, Hail, Motion, Organization, WT, Policy, Smith, Elasticity, American Economic Review, Information, CHiPs, Journal of Economic Perspectives, Reproduction, Tagliapietra, Culture, Journal of International Economics, Section 3, European Commission, Communication, B16, Shock, NTM, European Chips Act, SSC, PHT, B17, Classification, Common, Tradability, Bank of Italy, Congressional Research Service, NT, Central bank, Private, Exercise, NIU, Labour, PDF, Website, European Parliament, Terrorism, Employment, B10, SUBST, Agricultural economics, F62, RTK, Bank of England, European Central Bank, Calibration, Agriculture, Foreign policy, Semiconductor, International Monetary Fund, Research Papers in Economics, Outline, Council, Openness, Bias, Economic system, European Council, Public policy, Deutsch, Statistics, GDP, Real, American Economic Journal, Table, Journal, YT, EAGLE, Household, Grossman, Science, Conference, Journal of Comparative Economics, Horse, SSRN, TC, Consumption, REA, F13, Section 2, University, Section 5, Legislation, Money, NTD, Central Bank of Ireland, Language, Capital, University of Limerick, Intermediate, CBI, Caselli, Macroeconomics, Crowding, Technical report, B14, Tax, Civil service commission, Growth, Commission, UNCTAD, Optimism, Politics, PIM, PX, Work, Social science, JEL, Government, Automation, HTT, Quarterly Journal, Canadian International Council, ECB, XT, METRO, ELAS, Credit, Bolt, Research, European Communities, American Journal, ArXiv, Unilateralism, Lerner, Motivation, International, C6, Committee, Security (finance)

We analyse the macroeconomic

Key Points: 
    • We analyse the macroeconomic
      effects of supply chain reorientation through localisation policies, using a global dynamic
      general equilibrium model.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • The large sensitivity of the global economy to the recent supply chain shocks suggests that
      the international trade reconfiguration implied by localisation policies could also have sizable
      impacts on key macroeconomic variables such as output, employment and inflation.
    • Thus, localisation focuses on the
      goods in our model most closely related to global supply chains.
    • Retaliation also attenuates any positive effects from
      reshoring on output and implies a reduction in the volume of overall international trade.
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • Either that, or the economic costs are considered a worthwhile trade-off for an increase
      in security of supply, for example.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
      to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
    • To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
      a global dynamic general equilibrium framework.
    • Thus,
      localisation focuses on the goods in our model most closely related to global supply chains.3 We
      model reshoring through a direct change to the export goods? production-function parameters.
    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • This means that imports that are at the end of the supply chain (i.e.
    • In particular, our work relates to papers examining the potential for countries to reduce
      their exposure to global supply chains.
    • (2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
    • (2021) find no evidence of a relationship
      between global value chain integration and macroeconomic volatility.
    • This dynamic, along with factors such as natural disasters, climate-change
      induced volatility and terrorism mean that supply chain disruptions could be a new normal
      (Grossman et al., 2021).
    • Our work contributes to the literature providing dynamic general equilibrium analyses of
      protectionist policies, in particular those using global macroeconomic models to quantify trade
      policy changes.
    • (2008) analyse the effect of a rise in protectionism in response
      to rising global trade imbalances.
    • Linde? and Pescatori (2019) find that although the macroeconomic costs of a
      trade war are substantial, a fully symmetric retaliation is the best response.
    • (2020) consider a rich input-output structure and demonstrate that closer integration amplifies
      the adverse effects of protectionist trade policies.
    • Several recent studies have also examined the economic effects of a global trade fragmentation.
    • First, we modify a dynamic general
      equilibrium model of the global economy in order to analyse the transmission of localisation
      policies.
    • This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
    • 4

      There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
      (SOEs) reliant on global supply chains more affected.

    • ECB Working Paper Series No 2903

      7

      Second, we are able to assess both long-run effects and the transition dynamics of localisation
      policies.

    • Our model contains a detailed monetary block and captures inflation dynamics, which is a key
      concern for supply chain reorientation.
    • Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
      including effects of localisation on domestic competition and efficiency.
    • Section 2 provides a brief overview of the model, the modifications to examine
      global supply chain reorientation, some key details on the calibration and a brief discussion of
      the nature of our exercise.
    • (2020) for discussions of the relative strengths and weaknesses of
      trade and macroeconomic models in assessing large economic shocks.
    • 2.1

      Supply chain reorientation

      Our analysis focuses on imported inputs used to produce goods for export, as the introduction
      of localisation policies is in response to recent disruptions to global supply chains.

    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • Further to
      these effects, engagement with global firms provides an opportunity for knowledge spillovers to
      local firms (Criscuolo et al., 2017).
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • (B12)

      Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
      along the supply chain.

Volvo Trucks North America Improves Class-Leading Powertrain Offering with All-New Volvo VNL

Retrieved on: 
tisdag, februari 6, 2024

“Bringing the all-new Volvo VNL to the market has been seven years in the making,” said Peter Voorhoeve, president of Volvo Trucks North America.

Key Points: 
  • “Bringing the all-new Volvo VNL to the market has been seven years in the making,” said Peter Voorhoeve, president of Volvo Trucks North America.
  • “The advancements made in the latest generation of the Volvo D13 engine are nothing short of remarkable,” said Duane Tegels, product marketing manager for powertrain, Volvo Trucks North America.
  • Volvo Trucks North America, headquartered in Greensboro, North Carolina, is one of the leading heavy-duty truck manufacturers in North America.
  • Volvo Trucks North America provides complete transport solutions for its customers, offering a full range of diesel, alternative-fuel and all-electric vehicles, and is part of the Volvo Trucks global organization.

Forex Prepaid Cards Market to Reach $492.80 Billion, Globally, by 2032 at 15.3% CAGR: Allied Market Research

Retrieved on: 
torsdag, februari 1, 2024

WILMINGTON, Del., Feb. 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Forex Prepaid Cards Market by Type (Single Currency Forex Card and Multi-Currency Forex Card) and End User (Retail, Corporate, Financial Institutions, Government, and Others): Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global forex prepaid cards industry generated $120.5 billion in 2022 and is anticipated to generate $492.80 billion by 2032, witnessing a CAGR of 15.3% from 2023 to 2032.

Key Points: 
  • On the basis of type, the multi-currency forex card segment held the highest market share in 2022, accounting for nearly three-fourths of the global forex prepaid cards market revenue and is projected to manifest the highest CAGR of 16.4% from 2023 to 2032.
  • This is attributed to the fact that a multicurrency forex card simplifies payment and makes travel hassle-free.
  • In addition, a multi-currency forex card usually gets a better exchange rate than other options such as cash or traveler's check (TC).
  • This is attributed to the fact that forex prepaid cards offer a convenient way for government agencies to manage and control expenses.

Forex Prepaid Cards Market to Reach $492.80 Billion, Globally, by 2032 at 15.3% CAGR: Allied Market Research

Retrieved on: 
torsdag, februari 1, 2024

WILMINGTON, Del., Feb. 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Forex Prepaid Cards Market by Type (Single Currency Forex Card and Multi-Currency Forex Card) and End User (Retail, Corporate, Financial Institutions, Government, and Others): Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global forex prepaid cards industry generated $120.5 billion in 2022 and is anticipated to generate $492.80 billion by 2032, witnessing a CAGR of 15.3% from 2023 to 2032.

Key Points: 
  • On the basis of type, the multi-currency forex card segment held the highest market share in 2022, accounting for nearly three-fourths of the global forex prepaid cards market revenue and is projected to manifest the highest CAGR of 16.4% from 2023 to 2032.
  • This is attributed to the fact that a multicurrency forex card simplifies payment and makes travel hassle-free.
  • In addition, a multi-currency forex card usually gets a better exchange rate than other options such as cash or traveler's check (TC).
  • This is attributed to the fact that forex prepaid cards offer a convenient way for government agencies to manage and control expenses.

TC Energy to issue fourth quarter 2023 results on Feb. 16

Retrieved on: 
fredag, januari 26, 2024

CALGARY, Alberta, Jan. 26, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, Feb. 16, 2024, to discuss its fourth quarter financial results.

Key Points: 
  • CALGARY, Alberta, Jan. 26, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, Feb. 16, 2024, to discuss its fourth quarter financial results.
  • François Poirier, TC Energy President and Chief Executive Officer, Joel Hunter, Executive Vice-President and Chief Financial Officer and other members of the executive leadership team will discuss the financial results and Company developments at 6:30 a.m. MST / 8:30 a.m. EST.
  • Members of the investment community and other interested parties are invited to participate by calling 1-800-319-4610.
  • A live webcast of the teleconference will be available on TC Energy’s website at TC Energy — Events and presentations or via the following URL: https://www.gowebcasting.com/13118 .

DigiCert and CI Plus Eclipse One Billion Devices with Trusted Certificates for European Television

Retrieved on: 
onsdag, januari 24, 2024

LEHI, Utah, Jan. 24, 2024 /PRNewswire/ -- DigiCert and CI Plus, LLP today announced that DigiCert CI Plus certificates have been issued to more than one billion devices, providing proven PKI-based common trust standards across the diverse television industry ecosystem. The CI Plus (Common Interface Plus, or CI+) technical specification is an extension of the original Digital Video Broadcasting (DVB) common standard that provides additional protection for pay-TV content. It gives pay-TV broadcasters in Europe a method to deliver protected services directly to TV sets without the need for an additional set top box.

Key Points: 
  • Major milestone underscores importance of PKI as a proven foundation for trust, with DigiCert securing consumers, content owners, and TV manufacturers
    LEHI, Utah, Jan. 24, 2024 /PRNewswire/ -- DigiCert and CI Plus, LLP today announced that DigiCert CI Plus certificates have been issued to more than one billion devices, providing proven PKI-based common trust standards across the diverse television industry ecosystem.
  • The CI Plus (Common Interface Plus, or CI+) technical specification is an extension of the original Digital Video Broadcasting (DVB) common standard that provides additional protection for pay-TV content.
  • DigiCert CI Plus certificates have now secured more than a billion devices.
  • And with the DigiCert PKI Platform for CI Plus, manufacturers can take advantage of the easiest, most secure, cost-effective way to implement CI Plus standards at scale."

DigiCert and CI Plus Eclipse One Billion Devices with Trusted Certificates for European Television

Retrieved on: 
onsdag, januari 24, 2024

LEHI, Utah, Jan. 24, 2024 /PRNewswire/ -- DigiCert and CI Plus, LLP today announced that DigiCert CI Plus certificates have been issued to more than one billion devices, providing proven PKI-based common trust standards across the diverse television industry ecosystem. The CI Plus (Common Interface Plus, or CI+) technical specification is an extension of the original Digital Video Broadcasting (DVB) common standard that provides additional protection for pay-TV content. It gives pay-TV broadcasters in Europe a method to deliver protected services directly to TV sets without the need for an additional set top box.

Key Points: 
  • Major milestone underscores importance of PKI as a proven foundation for trust, with DigiCert securing consumers, content owners, and TV manufacturers
    LEHI, Utah, Jan. 24, 2024 /PRNewswire/ -- DigiCert and CI Plus, LLP today announced that DigiCert CI Plus certificates have been issued to more than one billion devices, providing proven PKI-based common trust standards across the diverse television industry ecosystem.
  • The CI Plus (Common Interface Plus, or CI+) technical specification is an extension of the original Digital Video Broadcasting (DVB) common standard that provides additional protection for pay-TV content.
  • DigiCert CI Plus certificates have now secured more than a billion devices.
  • And with the DigiCert PKI Platform for CI Plus, manufacturers can take advantage of the easiest, most secure, cost-effective way to implement CI Plus standards at scale."