Uncertainty

Robotics Pioneer Exotec Raises $335M Series D to Improve Supply Chain Resilience for Global Retailers

Retrieved on: 
Monday, January 17, 2022 - 5:01am

ATLANTA, Jan. 17, 2022 /PRNewswire/ -- Today Exotec, a leader in global warehouse robotics, announced $335M in Series D funding at a $2B valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. Exotec will leverage the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. The company also plans to hire 500 new R&D engineers by 2025 to accelerate the development of its high-performance warehouse automation technology.

Key Points: 
  • ATLANTA, Jan. 17, 2022 /PRNewswire/ -- Today Exotec , a leader in global warehouse robotics, announced $335M in Series D funding at a $2B valuation.
  • Exotec will leverage the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands.
  • "Following the most significant supply chain disruptions of the modern era, there's only room left for innovation," said Romain Moulin, Co-founder and CEO of Exotec.
  • For more information about Exotec, the company's Series D funding round, and the Skypod system please visit, www.exotec.com .

One World Universe to Add Its 1st Metaverse Real Estate Properties Within the Decentraland 3D Virtual Platform

Retrieved on: 
Friday, January 14, 2022 - 8:37pm

HUNTINGTON BEACH, CA, Jan. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – One World Universe, Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, through its subsidiary Metaverse Holding Corp., will be purchasing 3 connecting LAND parcels in the Decentraland 3D virtual platform.

Key Points: 
  • Metaverse wearables or skins have opened up huge opportunities for designer labels to market virtual clothing for users avatars.
  • A 3D shopping experience will be created as Decentraland offers a different Metaverse experience than the Sandboxs whos metaverse is voxelart, or pixel-like blocks.
  • Built on the Ethereum blockchain, Decentraland is a decentralised virtual world software where virtual plots of lands, products and goods can be bought and sold using their native (MANA) token.
  • But all those avatars in the metaverse need virtual clothing, which is emerging as a hot sector.

Global Pharmaceutical Packaging Industry 2021 - Temperature-sensitive Packaging for New-generation Biologics Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, January 14, 2022 - 5:37pm

The "Global Pharmaceutical Packaging Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Pharmaceutical Packaging Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • The COVID-19 pandemic has not only revealed supply chain challenges in terms of meeting pandemic-induced demand but also showcased weaknesses with regard to facing disruptions on a global scale.
  • Therefore, local manufacturing deals, supply chain investments, and packaging innovation will continue to play important roles in the global push for immunization.
  • For the biopharma industry, positive long-term developments and growth opportunities can outweigh the detrimental short-term impacts of the ongoing pandemic.

Bank of Canada/OSFI pilot helps Canadian financial sector assess climate change risks

Retrieved on: 
Friday, January 14, 2022 - 5:05pm

This pilot was an important step in helping Canada's financial sector improve its ability to analyze economic and financial risks affecting financial institutions that could arise from climate change.

Key Points: 
  • This pilot was an important step in helping Canada's financial sector improve its ability to analyze economic and financial risks affecting financial institutions that could arise from climate change.
  • Together with six Canadian financial institutions, the Bank and OSFI developed scenarios that will help the financial sector identify, measure and disclose climate-related risks.
  • More robust management of climate related financial risks is essential for institutions to better understand how they are exposed to climate change under different potential scenario pathways.
  • "Climate scenario exercises, like this one, make clear the potential financial impacts of climate-related transition risks across a range of different climate pathways.

Government of Canada improves digital access to mental health and substance use resources during the COVID-19 pandemic

Retrieved on: 
Friday, January 14, 2022 - 3:12pm

Almost two years later, the pandemic continues to have a significant effect on Canadians' mental health and well-being.

Key Points: 
  • Almost two years later, the pandemic continues to have a significant effect on Canadians' mental health and well-being.
  • This new app provides another way to help Canadians access online mental health and substance use resources and supports, and measure and track aspects of their mental well-being.
  • Through PocketWell, people across Canada can access new resources, including a self-assessment tool and tracker that monitors mood and mental well-being.
  • "At the beginning of COVID-19, in recognition of increasing mental health concerns, Health Canada supported a consortium of leaders in digital mental health and substance use to develop Wellness Together a platform that wouldmake it easier for people to identify, understand and access free and confidential mental health and substance use services.

Franklin Street Properties Corp. Declares Regular Quarterly Dividend and Introduces Property Disposition Guidance for Full-Year 2022

Retrieved on: 
Friday, January 14, 2022 - 2:17pm

At this time, FSP is also introducing property disposition guidance for full-year 2022 to be in the range of approximately $250 million to $350 million in aggregate gross proceeds.

Key Points: 
  • At this time, FSP is also introducing property disposition guidance for full-year 2022 to be in the range of approximately $250 million to $350 million in aggregate gross proceeds.
  • This guidance reflects our current expectations of economic and market conditions and is subject to change.
  • Todays news release, along with other news about Franklin Street Properties Corp., is available on the Internet at www.fspreit.com .
  • About Franklin Street Properties Corp.
    Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets.

Let Kids Be Kids: Medical Experts to Weigh In on How COVID Restrictions Impact Children During a January 19 Online Event

Retrieved on: 
Friday, January 14, 2022 - 1:32pm

Let Kids Be Kidswill include a number of medical professionals whose opinions are in contrast to current governmental policiesmaking this event a controversial and intriguing discussion on this current issue.

Key Points: 
  • Let Kids Be Kidswill include a number of medical professionals whose opinions are in contrast to current governmental policiesmaking this event a controversial and intriguing discussion on this current issue.
  • Let Kids Be Kidspresenters will address COVID-19-related matters that are top of mind for healthcare professionals as they care for their pediatric patients and offer guidance to parents.
  • Let Kids Be Kids is powered by Banty CME, an industry leading provider of virtual continuing medical education events.
  • Dr. Dennis DiValentino is a family physician in Hamilton, ON and an Assistant Clinical Professor, Family Medicine at McMaster University.

One of the Best Books to Help You Reach Your Highest Potential in 2022: GIVE ME 15 MIN by Malala Noraddin

Retrieved on: 
Friday, January 14, 2022 - 4:43am

is designed to draw thoughts, feelings, and emotions to the forefront while showing readers how to reach their full potential.

Key Points: 
  • is designed to draw thoughts, feelings, and emotions to the forefront while showing readers how to reach their full potential.
  • Journaling is a recognized technique to improve overall wellness, but people often struggle to find topics from day to day.
  • In GIVE ME 15 MIN., Noraddin poses a question to readers and asks them to reflect on the first word that comes to mind in response.
  • Reviewers applaud GIVE ME 15 MIN., noting that the content is "mentally stimulating" and offers a mix of simple and probing questions.

Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,000 Shares of Common Stock

Retrieved on: 
Friday, January 14, 2022 - 3:13am

In connection with the offering of shares of common stock, the Company entered into a forward sale agreement with Morgan Stanley and BofA Securities (or affiliates thereof) (which the Company refers to as the forward purchasers), with respect to 8,200,000 shares of the Companys common stock.

Key Points: 
  • In connection with the offering of shares of common stock, the Company entered into a forward sale agreement with Morgan Stanley and BofA Securities (or affiliates thereof) (which the Company refers to as the forward purchasers), with respect to 8,200,000 shares of the Companys common stock.
  • The underwriters of the offering also have been granted a 30-day option to purchase up to 1,230,000 additional shares of the Companys common stock.
  • The Company will not initially receive any proceeds from the sale of shares of its common stock by the forward purchasers.
  • All of the shares of common stock will be offered under the Companys effective shelf registration statement filed with the Securities and Exchange Commission (SEC).

Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group

Retrieved on: 
Friday, January 14, 2022 - 12:42am

Citi today announced it has reached agreement with UOB Group (UOB) on the acquisition of Citis consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam.

Key Points: 
  • Citi today announced it has reached agreement with UOB Group (UOB) on the acquisition of Citis consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam.
  • The agreement covers all related Citi staff, with approximately 5,000 consumer bank and supporting employees expected to transfer to UOB upon close of the proposed transaction.
  • Peter Babej, Citi Asia Pacific CEO, said, "We are excited to announce this transaction with UOB, a leading pan-Asian institution.
  • Citis Banking, Capital Markets and Advisory Group is acting as exclusive financial advisor to Citi in respect of the transaction.