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One of Asia's Biggest International Film Festivals Accredited by the Academy Awards® Short Shorts Film Festival 2023

Retrieved on: 
Wednesday, March 29, 2023

SHIBUYA, Japan, March 29, 2023 /PRNewswire/ -- Short Shorts Film Festival & Asia 2023 (SSFF & ASIA), accredited by the Academy Awards, will be held from June 6th (Tue) to June 26th (Tue) at various venues in Tokyo and will also start streaming at Online Venue (April 27th~).

Key Points: 
  • SHIBUYA, Japan, March 29, 2023 /PRNewswire/ -- Short Shorts Film Festival & Asia 2023 (SSFF & ASIA), accredited by the Academy Awards, will be held from June 6th (Tue) to June 26th (Tue) at various venues in Tokyo and will also start streaming at Online Venue (April 27th~).
  • This year, SSFF & ASIA is celebrating the 25th anniversary of its International Competition and the 20th anniversary of its Asia-Japan Competition.
  • Over the past 25 years, SSFF & ASIA has received 107,844 submissions from around the world, submissions from 99,571 directors, and more than 850,000 people have attended the festival.
  • This year, a total of 5196 films were submitted to the festival from 120 countries and regions around the world.

Security Robots Global Market to 2028: Rising Safety Concerns Across the World Drives Demand

Retrieved on: 
Wednesday, March 15, 2023

Global security robots market is anticipated to develop at a rapid pace in the forecast period, 2023-2028.

Key Points: 
  • Global security robots market is anticipated to develop at a rapid pace in the forecast period, 2023-2028.
  • The demand for 247 surveillance and human safety is expected to increase, leading to significant growth in the security robots' market through 2028.
  • Security robots are divided into two types: physical robots that protect physical assets and virtual robots that protect and secure data.
  • Moreover, the incorporation of robots has an security concerns, such as privacy intrusion, data breaches which is hampering the Security Robots Market.

SKT to Lead AI Transformation in Industry and Society with AI Services and Technologies

Retrieved on: 
Monday, February 27, 2023

CEO Ryu explained that SKT is facilitating AI transformation of industries with its AI technologies.

Key Points: 
  • CEO Ryu explained that SKT is facilitating AI transformation of industries with its AI technologies.
  • In the media business, the company is preparing AI TV, AI commerce and AI content to enhance customer experience and accelerate AI transformation across the media value chain.
  • CEO Ryu stressed that SKT aims to create a better world with AI by tackling social problems by utilizing AI technologies.
  • CEO Ryu said that SKT will accelerate AI innovations through partnerships and collaborations with AI tech companies.

Successful Newtopia and Medtronic Lifestyle Intervention Pilot to Address Prevalence of Type 2 Diabetes Exceeds Expectations in Newfoundland and Labrador

Retrieved on: 
Tuesday, February 7, 2023

Weight loss trends among participants showed a decrease from a baseline of 3.5% of body weight at 6 months and 6.4% at 10 months.

Key Points: 
  • Weight loss trends among participants showed a decrease from a baseline of 3.5% of body weight at 6 months and 6.4% at 10 months.
  • We entered a strategic partnership with Medtronic and Newtopia to implement a pilot project to procure an outcome for diabetes management.
  • We are confident that alongside Medtronic, we will continue to deliver better diabetes health outcomes across Canadian Provinces."
  • 1Estimated Prevalence and Cost of Diabetes in Newfoundland and Labrador, Canadian Diabetes Association, 2023.

The FDA Further Expands Collaboration With CN Bio to Evaluate the PhysioMimix Multi-Organ Microphysiological System

Retrieved on: 
Tuesday, January 17, 2023

CN Bio, a leading Organ-on-a-chip Company (OOC) that designs and manufactures single-and multi-organ microphysiological systems (MPS), today announced that the U.S. Food and Drug Administration (FDA) and CN Bio have expanded their collaboration for the second time, with new research aiming to evaluate multi-organ MPS and their applications using the PhysioMimix™ Multi-organ System.

Key Points: 
  • CN Bio, a leading Organ-on-a-chip Company (OOC) that designs and manufactures single-and multi-organ microphysiological systems (MPS), today announced that the U.S. Food and Drug Administration (FDA) and CN Bio have expanded their collaboration for the second time, with new research aiming to evaluate multi-organ MPS and their applications using the PhysioMimix™ Multi-organ System.
  • For orally administered drugs, a critical parameter that needs to be understood by drug developers and regulatory agencies is bioavailability.
  • Dr Emily Richardson, Lead Scientist at CN Bio, said: “We are extremely pleased with the FDA’s decision to deepen our research collaboration into the multi-organ space.
  • Characterizing the reproducibility in using a liver microphysiological system for assaying drug toxicity, metabolism, and accumulation.

The euro area bank lending survey – Fourth quarter of 2022

Retrieved on: 
Saturday, February 4, 2023

= Introduction =

Key Points: 
  • = Introduction =
    The results reported in the January 2023 bank lending survey (BLS) relate to changes observed during the fourth quarter of 2022 and expectations for the first quarter of 2023.
  • In addition to results for the euro area as a whole, this report also contains results for the four largest euro area countries.
  • = 1 Overview of results =
    In the January 2023 BLS, euro area banks reported a substantial further tightening of credit standards for loans or credit lines to enterprises in the fourth quarter of 2022, i.e.
  • In the first quarter of 2023, euro area banks expect a net tightening of a similar magnitude to the current quarter.
  • In more detail, euro area banks reported a substantial further tightening of their credit standards (i.e.
  • Banks’ cost of funds and balance sheet situation also continued to have a tightening impact on credit standards for loans to euro area firms.
  • In the first quarter of 2023, euro area banks expect a net tightening of similar magnitudes to the current quarter (24%).
  • Credit standards for loans to enterprises tightened in net terms in all four largest euro area countries in the fourth quarter of 2022 (see Overview table).
  • Firms’ net demand for loans decreased in the fourth quarter of 2022 (net percentage of -11%, after 13% in Q3 2022; see Overview table).
  • Net demand for both housing loans and consumer credit decreased in all four largest euro area countries.
  • Euro area banks reported that their access to retail funding and securitisation deteriorated moderately in the fourth quarter of 2022, while access to debt securities and money markets improved to a small extent.
  • Over the next six months, euro area banks expect a net tightening of credit standards across all main sectors of economic activity.
  • *Box 1 *General notes
    The bank lending survey (BLS) is addressed to senior loan officers at a representative sample of euro area banks.
  • In the current round, 151 banks were surveyed, representing all euro area countries and reflecting the characteristics of their respective national banking structures.
  • The main purpose of the BLS is to enhance the Eurosystem’s knowledge of bank lending conditions in the euro area.
  • The responses of the individual banks participating in the BLS are aggregated in two steps to form the euro area results.
  • In the first step, the responses of individual banks are aggregated to national results for the euro area countries.
  • It has been applied to all euro area and national BLS results in the current BLS questionnaire, including backdata.
  • In the assessment of survey balances for the euro area, net percentages between -1 and +1 are generally referred to as “broadly unchanged”.
  • = 2 Developments in credit standards, terms and conditions, and net demand for loans in the euro area = Euro area banks reported a substantial further tightening of credit standards for loans or credit lines to enterprises in the fourth quarter of 2022, i.e.
  • In the first quarter of 2023, euro area banks expect a net tightening of credit standards for loans to firms of a similar magnitude to the current quarter (24%).
  • Across the largest euro area countries, banks reported that in net terms the share of rejected loan applications increased in all four largest euro area countries.
  • According to euro area banks, firms’ net demand for loans decreased in the fourth quarter of 2022 (net percentage of -11%, after 13% in Q3 2022; see Chart 5).
  • Across all four largest euro area countries, credit standards for loans to households for house purchase tightened in net terms.
  • This is consistent with the recently observed slowdown in the rate of growth of house prices in the euro area.
  • In the first quarter of 2023, euro area banks again expect a net tightening of credit standards for consumer credit and other lending to households (net percentage of 15%).
  • Across all four largest euro area countries, overall terms and conditions for consumer credit and other lending to households tightened in net terms.

What information does the euro area bank lending survey provide on future loan developments?

Retrieved on: 
Monday, January 16, 2023

The *euro area bank lending survey (BLS) * provides valuable information on bank lending standards and conditions as well as on loan demand in the euro area.

Key Points: 
  • The *euro area bank lending survey (BLS) * provides valuable information on bank lending standards and conditions as well as on loan demand in the euro area.
  • *By collecting this information, the survey sheds light on the transmission of monetary policy in the euro area via the bank lending channel.
  • While the survey information is qualitative, the replies of the banks are closely related to actual loan growth and lending rate developments.
  • *BLS data provide timely information on bank lending conditions and loan demand.
  • The short reporting lag compared with other statistical data means that BLS data provide early information on key lending developments in the euro area, which has been especially valuable for identifying turning points in lending conditions and assessing lending developments during exceptional periods.
  • [4] Overall, the BLS has proved to be a very useful tool for understanding and analysing bank lending conditions in the euro area.
  • A first indication of the information BLS indicators provide for future loan growth is to consider cross-correlations between BLS indicators at different leads relative to data on actual loan growth.
  • BLS indicators either lead loan growth (negative value on the y-axis) or lag loan growth (positive value).
  • Beyond the simple correlations mentioned above, the information that the BLS indicators provide on future loan growth can be assessed by analysing their value in forecasting actual loan growth.
  • Broadly corresponding evidence on the information that the BLS provides regarding future loan growth is also found for individual euro area countries.
  • The BLS contains information on future loan growth not only at the aggregate level, but also for individual banks.
  • Loan demand also helps predict future housing loan growth at the bank level – banks reporting a decrease in demand experience lower loan growth over the following quarters compared with banks reporting unchanged or increased loan demand (Chart D, panel b).

Green QE and carbon pricing: looking at potential tools to fight climate change

Retrieved on: 
Monday, January 16, 2023

a carbon tax) is an effective instrument for combatting climate change, the potential contribution of central banks is still debated.

Key Points: 
  • a carbon tax) is an effective instrument for combatting climate change, the potential contribution of central banks is still debated.
  • Central banks around the world have explored various strategies for integrating climate change into their monetary policy frameworks.
  • Potential tools include greener collateral frameworks, green lending facilities and green quantitative easing (QE), whereby central banks “tilt” their balance sheets towards bonds issued by firms in “clean” or non-polluting sectors.
  • How effective are these tools in reducing carbon emissions relative to a carbon tax?
  • In Abiry, Ferdinandusse, Ludwig and Nerlich (2022), we contribute to this debate by assessing the effectiveness of green QE in limiting global warming compared with a carbon tax.
  • We define green QE as a full portfolio reallocation of the outstanding stock of privately issued bonds held by central banks towards a portfolio exclusively comprising green bonds.
  • Intermediate goods are produced using the inputs of capital, labour and energy (which can be either clean or dirty).
  • With a less extreme scenario in which only part of the central banks’ portfolio is tilted, the climate impact of green QE is even more limited.
  • The two counteracting forces of green QE outlined above explain why the overall effectiveness of green QE, even with a full portfolio shift, is more limited as compared with other policy tools, such as a carbon tax.
  • What level of carbon tax would be needed to achieve the same reduction in temperature as green QE?
  • While a carbon tax is the most effective means for combatting climate change, the analysis shows there can also be a limited role for central banks.

Welcome to attend MAG Interactive AB (publ) Annual General Meeting

Retrieved on: 
Thursday, December 15, 2022

STOCKHOLM, Dec. 15, 2022 /PRNewswire/ -- MAG Interactive AB (publ) hereby gives notice of its annual general meeting to be held at MAG Interactive AB (publ)'s premises at Drottninggatan 95A, Stockholm, on Wednesday 18 January 2023 at 14:00 CET.

Key Points: 
  • STOCKHOLM, Dec. 15, 2022 /PRNewswire/ -- MAG Interactive AB (publ) hereby gives notice of its annual general meeting to be held at MAG Interactive AB (publ)'s premises at Drottninggatan 95A, Stockholm, on Wednesday 18 January 2023 at 14:00 CET.
  • The personal data obtained from the share register maintained by Euroclear Sweden AB, the notification of participation at the annual general meeting and the information regarding proxies and assistants will be used for registration, preparation of the voting register for the annual general meeting and, where applicable, minutes from the annual general meeting.
  • Evelina Pettersson, PO Box 7358, SE-103 90 Stockholm, Sweden, well in advance of the annual general meeting.
  • Opening of the meeting and election of the chairman of the annual general meeting.

De Nora and Aclarity Sign Agreement to Deploy PFAS Destroying Technology

Retrieved on: 
Wednesday, December 14, 2022

MILAN and BOSTON, Dec. 14, 2022 /PRNewswire/ -- Connected by a commitment to protect global health through innovative water treatment solutions, De Nora signed a Memorandum of Understanding (MOU) with venture capital backed water technology company Aclarity, Inc. that will target treating harmful contaminants, such as per- and poly- fluoroalkyl substances (PFAS), in water at industrial scale. The MOU combines Aclarity's PFAS destruction technology with the De Nora SORB™ FX product line to quickly and safely eliminate PFAS in ground water.

Key Points: 
  • The MOU combines Aclarity's PFAS destruction technology withthe De Nora SORB FX product lineto quickly and safely eliminate PFAS in ground water.
  • Aclarity embodies that notion, and their PFAS destruction technology is an exciting development in the fight against PFAS."
  • "PFAS contamination in groundwater is a great concern across the globe," stated Aclarity CEO Julie Bliss Mullen.
  • MOU was signed by Daryl Weatherup, General Manager, De Nora Water Technologies and Julie Bliss Mullen, CEO, Aclarity in October of 2022.