Euro

IDTechEx Summarized Regional Regulations for Mandating Driver Monitoring Systems

Retrieved on: 
Tuesday, December 12, 2023

Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).

Key Points: 
  • Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).
  • The United States has implemented several driver monitoring systems (DMS) regulations.
  • Beyond regulatory mandates, IDTechEx has observed various initiatives from automotive original equipment manufacturers (OEMs) aimed at integrating DMS and occupant monitoring systems (OMS).
  • Given the regulatory requirements, IDTechEx anticipates that major automotive companies will expedite the integration of Driver Monitoring Systems (DMS), presenting significant opportunities across the entire supply chain.

IDTechEx Summarized Regional Regulations for Mandating Driver Monitoring Systems

Retrieved on: 
Tuesday, December 12, 2023

Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).

Key Points: 
  • Europe is among the regions with clearly defined regulations mandating the installation of vision-based Driver Monitoring Systems (DMS).
  • The United States has implemented several driver monitoring systems (DMS) regulations.
  • Beyond regulatory mandates, IDTechEx has observed various initiatives from automotive original equipment manufacturers (OEMs) aimed at integrating DMS and occupant monitoring systems (OMS).
  • Given the regulatory requirements, IDTechEx anticipates that major automotive companies will expedite the integration of Driver Monitoring Systems (DMS), presenting significant opportunities across the entire supply chain.

VolitionRx Secures Approximately $5.5 Million in Belgium Regional Government Financing from Wallonie Entreprendre

Retrieved on: 
Tuesday, December 5, 2023

HENDERSON, Nev., Dec. 5, 2023 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition"), a multi-national epigenetics company, has closed on an aggregate of Euro 5.0 million (approximately $5.5 million) in financing from Wallonie Entreprendre S.A. ("WE") in Belgium.

Key Points: 
  • HENDERSON, Nev., Dec. 5, 2023 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition"), a multi-national epigenetics company, has closed on an aggregate of Euro 5.0 million (approximately $5.5 million) in financing from Wallonie Entreprendre S.A. ("WE") in Belgium.
  • Volition is currently working with leading clinicians and researchers at centers of excellence worldwide to help facilitate the effective introduction of Nu.Q® NETs into clinical practice.
  • The unsecured loan bears interest at a rate of approximately 8% per year and has a stated maturity date of December 31, 2028.
  • This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities.

Stasis Integrates EURS on the Stellar Network

Retrieved on: 
Wednesday, November 29, 2023

SAN FRANCISCO, Nov. 29, 2023 /PRNewswire/ -- STASIS, a trailblazer in issuing euro-backed stablecoins and the company behind EURS, has recently achieved a significant milestone by integrating with the Stellar blockchain. This integration brings a new digital version of the second-most widely used currency in the world to the Stellar network, broadening access to transparent and reliable euro-denominated stablecoins.

Key Points: 
  • The introduction of STASIS EURO or EURS to the Stellar network is a timely response to this need, offering a market-tested and dependable option amidst the market's ups and downs not only to Eurozone clients but globally.
  • The Stellar network, designed specifically for seamless payments, welcomes EURS, one of the largest Euro stablecoins.
  • Gregory Klumov, the CEO of STASIS, commented on this advancement: "The collaboration with the Stellar network has endowed EURS with new robust functionalities and introduced it to a new global crypto community.
  • To learn more about STASIS, EURS, and its Network, check out the links below:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/stasis-integrates-eurs-on-the-s...

Stasis Integrates EURS on the Stellar Network

Retrieved on: 
Wednesday, November 29, 2023

SAN FRANCISCO, Nov. 29, 2023 /PRNewswire/ -- STASIS, a trailblazer in issuing euro-backed stablecoins and the company behind EURS, has recently achieved a significant milestone by integrating with the Stellar blockchain. This integration brings a new digital version of the second-most widely used currency in the world to the Stellar network, broadening access to transparent and reliable euro-denominated stablecoins.

Key Points: 
  • The introduction of STASIS EURO or EURS to the Stellar network is a timely response to this need, offering a market-tested and dependable option amidst the market's ups and downs not only to Eurozone clients but globally.
  • The Stellar network, designed specifically for seamless payments, welcomes EURS, one of the largest Euro stablecoins.
  • Gregory Klumov, the CEO of STASIS, commented on this advancement: "The collaboration with the Stellar network has endowed EURS with new robust functionalities and introduced it to a new global crypto community.
  • To learn more about STASIS, EURS, and its Network, check out the links below:

EUROPEAN MOBILE DATA TRAFFIC TO TRIPLE BY 2028, CONTINUING PRESSURE ON NETWORK INVESTMENT, NEW GSMA REPORT PREDICTS

Retrieved on: 
Thursday, November 23, 2023

LONDON, Nov. 23, 2023 /PRNewswire/ -- Mobile data traffic in Europe will almost triple by 2028, fuelled by increasing 5G adoption, coverage and capacity, and migration to 4G migration in central and eastern Europe, according to the 2023 Mobile Economy Report from the GSMA

Key Points: 
  • Mobile sector contributed Eur 910 billion to European economy in 2022, according to annual GSMA Mobile Economy Report.
  • In turn, these demands will require continued investment in Europe's mobile networks by operators, who are already expected to spend more than Eur 198 billion on upgrading their networks by 2030.
  • In further analysis, the report, which evaluates the value of the mobile ecosystem to Europe's economy, shows that:
    The mobile sector added Eur 910 billion of value to the European economy in 2022, with mobile technologies and services generating 4.3% of GDP across Europe.
  • Mobile-based productivity contributed Eur 670 billion to the European economy while operators' own contribution generated Eur 110 billion.

EUROPEAN MOBILE DATA TRAFFIC TO TRIPLE BY 2028, CONTINUING PRESSURE ON NETWORK INVESTMENT, NEW GSMA REPORT PREDICTS

Retrieved on: 
Thursday, November 23, 2023

LONDON, Nov. 23, 2023 /PRNewswire/ -- Mobile data traffic in Europe will almost triple by 2028, fuelled by increasing 5G adoption, coverage and capacity, and migration to 4G migration in central and eastern Europe, according to the 2023 Mobile Economy Report from the GSMA

Key Points: 
  • Mobile sector contributed Eur 910 billion to European economy in 2022, according to annual GSMA Mobile Economy Report.
  • In turn, these demands will require continued investment in Europe's mobile networks by operators, who are already expected to spend more than Eur 198 billion on upgrading their networks by 2030.
  • In further analysis, the report, which evaluates the value of the mobile ecosystem to Europe's economy, shows that:
    The mobile sector added Eur 910 billion of value to the European economy in 2022, with mobile technologies and services generating 4.3% of GDP across Europe.
  • Mobile-based productivity contributed Eur 670 billion to the European economy while operators' own contribution generated Eur 110 billion.

Bybit Unveils New Exciting Offers for New Card Users in Europe

Retrieved on: 
Wednesday, November 15, 2023

Bybit Card offers a revolutionary payment solution for individuals in Europe.

Key Points: 
  • Bybit Card offers a revolutionary payment solution for individuals in Europe.
  • Bybit is excited to introduce a host of captivating perks for those applying for the new Bybit Card:
    10 EUR Card Bonus: Receive a 10 EUR Card Bonus upon the successful application for a virtual card.
  • Additional 5 EUR Card Bonus: After the first successful transaction with the Bybit Card, the new card user will receive an extra 5 EUR Card Bonus.
  • Bybit Card is designed to provide a convenient and rewarding experience for cryptocurrency users in Europe.

Global luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences

Retrieved on: 
Tuesday, November 14, 2023

MILAN, Nov. 14, 2023 /PRNewswire/ -- The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings of the latest Bain & Company report with Altagamma, the Italian luxury goods manufacturers' industry association. Spending on experiences, particularly, recovered to historic highs, fueled by a resurgence in social interactions and travel.

Key Points: 
  • These are among the findings of the latest Bain & Company report with Altagamma, the Italian luxury goods manufacturers' industry association.
  • The research suggests a softening personal luxury goods performance in 2024, achieving low-to-mid single digit growth over 2023, based on current scenarios.
  • "The luxury market is generating positive growth for 65-70% of brands in 2023, compared to 95% in 2022.
  • "Capturing and amplifying the market potential will be key, as the clear convergence among luxury markets allows for further expansion.

EQS-News: GoldenPeaks Capital secures project financing from PKO Bank Polski and DNB Bank ASA

Retrieved on: 
Thursday, December 14, 2023

The financing package was provided by a banking club consisting of DNB Bank ASA and PKO Bank Polski.

Key Points: 
  • The financing package was provided by a banking club consisting of DNB Bank ASA and PKO Bank Polski.
  • GoldenPeaks Capital is one of the fastest growing independent green power producers in Europe and one of the largest photovoltaic system owners in Poland.
  • We are pleased that such reliable and committed partners as PKO Bank Polski and DNB support us in achieving our goal of accelerating the region’s transition to renewable energy.”
    Marcin Majewski, Head of Corporate Client and Enterprise Relations Division PKO Bank Polski: “PKO Bank Polski is the leader in financing the green transformation in Poland.
  • Together, we aim to set new standards and make a lasting impact in the Polish financing landscape.”
    GPC was advised by Dentons while PKO Bank Polski and DNB Bank ASA worked with CMS on both documentation and legal due diligence.