Union

MHW Launches the 'Make Your Mark on the USA' Brand Battle, Giving Beverage Alcohol Brands the Opportunity to Win $17,500 Towards Importation, Distribution and Business Development in the United States Market

Retrieved on: 
Thursday, August 18, 2022 - 10:38pm

Beverage alcohol brands must submit their brand pitch to MHWLtd.com/BrandBattle by September 25, 2022.

Key Points: 
  • Beverage alcohol brands must submit their brand pitch to MHWLtd.com/BrandBattle by September 25, 2022.
  • MHW is the leading beverage alcohol service partner in the United States, specializing in strategic, scalable back-office solutions including compliance management, licensing, operations, logistics, fulfillment, accounting, business insight reporting, and technology.
  • Companies who partner with MHW have the competitive advantage to focus time and effort on building brand sales.
  • With strategic and attentive teams who have decades of back-office beverage alcohol experience, MHW offers unparalleled expertise and service excellence.

Galapagos receives transparency notification from FMR LLC

Retrieved on: 
Thursday, August 18, 2022 - 9:01pm

Mechelen, Belgium; 18 August 2022, 22.01 CET; regulated information Galapagos NV (Euronext & NASDAQ: GLPG) received a transparency notification from FMR LLC.

Key Points: 
  • Mechelen, Belgium; 18 August 2022, 22.01 CET; regulated information Galapagos NV (Euronext & NASDAQ: GLPG) received a transparency notification from FMR LLC.
  • Pursuant to Belgian transparency legislation1, Galapagos received a transparency notification on 15 August 2022 from FMR LLC, who notified that it holds 3,740,842 of Galapagos voting rights, consisting of 3,740,842 ordinary shares.
  • FMR LLC controls investment funds FIAM Holdings LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company and Strategic Advisers LLC, of which Fidelity Management & Research Company LLC increased its position to 3,303,128 voting rights, and no longer holds any equivalent financial instruments, and Strategic Advisers LLC decreased its position to 10,082 voting rights.
  • FMR LLC thus remains above the 5% threshold of Galapagos voting rights considering the change in the nature of holdings.

Transaction in Own Shares

Retrieved on: 
Thursday, August 18, 2022 - 6:03pm

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 28 July 2022.

Key Points: 
  • These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 28 July 2022.
  • In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the securities independently of the Company for a period from 28 July 2022 up to and including 21 October 2022.
  • The on-market limb will be effected within certain pre-set parameters and in accordance with the Companys general authority to repurchase shares on-market.
  • The off-market limb will be effected in accordance with the Companys general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein.

Global Artificial Intelligence (AI) in Fintech Markets 2022-2030: Analysis by Component (Solutions, Services), Deployment (Cloud, On-premise), & Application (Fraud Detection, Virtual Assistants) - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 18, 2022 - 5:24pm

The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030.

Key Points: 
  • The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030.
  • Artificial intelligence (AI) is widely used in financial organizations to improvise their precision levels, enhance their efficiency and instant query resolving through digital banking channels.
  • Organizations are also using it to build more robust fraud detection and prevention systems and help accelerate risk assessments and fraud detection.
  • AI and machine learning have aided banks and fintech firms by allowing them to process massive volumes of client data.

Western Union and Alsuper Join Forces to Offer Money Transfer Services in Northern Mexico

Retrieved on: 
Thursday, August 18, 2022 - 1:00pm

Western Union and Alsuper today announced an agreement to offer cross-border money transfer services at 80 Alsuper supermarket locations across Northern Mexico, including Chihuahua, Durango, Coahuila, and Zacatecas.

Key Points: 
  • Western Union and Alsuper today announced an agreement to offer cross-border money transfer services at 80 Alsuper supermarket locations across Northern Mexico, including Chihuahua, Durango, Coahuila, and Zacatecas.
  • The agreement gives millions of consumers in Mexico yet another way to conveniently send and receive money across Mexico and the more than 200 countries and territories where Western Union operates.
  • We look forward to working with Alsuper and AirPak to offer Mexicans convenient access to our services, giving them even more added choice to how they send and receive money.
  • Western Union services will be available in Alsuper supermarket locations later this year.

Methane Electrolysis Can Decarbonize LNG/LPG Imports and Achieve EU’s Climate Targets

Retrieved on: 
Thursday, August 18, 2022 - 1:00pm

The main element of LNG, methane, is the second leading greenhouse gas contributing to climate change.

Key Points: 
  • The main element of LNG, methane, is the second leading greenhouse gas contributing to climate change.
  • The German company Graforce has developed a methane electrolysis technology (plasmalysis) that uses LNG or LPG to produce hydrogen and solid carbon for dioxide-free energy generation.
  • Compared to water electrolysis, plasmalysis requires only one fifth the energy to produce the same amount of hydrogen.
  • View the full release here: https://www.businesswire.com/news/home/20220818005013/en/
    Graforce has developed methane electrolysis plants.

GenScript USA Responds to Monkeypox Public-Health Emergency with Real-Time PCR Test

Retrieved on: 
Thursday, August 18, 2022 - 11:00am

PISCATAWAY, N.J., Aug. 18, 2022 /PRNewswire/ -- GenScript USA Inc., a subsidiary of GenScript Biotech Corporation ("GenScript", Stock Code: 1548.HK), a world-leading biotechnology company, announced the immediate availability of a monkeypox virus PCR test kit. The kit, which was developed in partnership with Anbio Biotechnology, can be ordered today by diagnostic labs and medical device distributors to be used in research to provide detection of the monkeypox virus.  The test kit has already received the CE mark for IVD use in the European Union (EU).

Key Points: 
  • PISCATAWAY, N.J., Aug. 18, 2022 /PRNewswire/ -- GenScript USA Inc., a subsidiary of GenScript Biotech Corporation ("GenScript", Stock Code: 1548.HK), a world-leading biotechnology company, announced the immediate availability of a monkeypox virus PCR test kit .
  • The test kit has already received the CE mark for IVD use in the European Union (EU).
  • "We are rushing supplies of the monkeypox PCR test kit to our lab customers and distributors because diagnostic labs across the United States are a crucial element of the nation's response to this public-health emergency."
  • "By leveraging the scientific expertise of both Anbio and GenScript, we were able to rapidly bring the monkeypox RTPCR assay to fight against this public health emergency."

Darling Ingredients Inc. Announces Closing of Private Offering of $250.0 Million of Unsecured Senior Notes due 2030.

Retrieved on: 
Wednesday, August 17, 2022 - 9:36pm

IRVING, Texas, Aug. 17, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $250.0 million aggregate principal amount of its unsecured senior notes due 2030 (the "add-on notes").

Key Points: 
  • IRVING, Texas, Aug. 17, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $250.0 million aggregate principal amount of its unsecured senior notes due 2030 (the "add-on notes").
  • The add-on notes bear interest at 6% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022.
  • Interest on the add-on notes will accrue from, and including, June 9, 2022, the first day of the current interest period for the initial notes.
  • Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy.

Independent Study Shows Cue Health's Molecular COVID-19 Test is as Accurate as a Lab-Based PCR Test

Retrieved on: 
Wednesday, August 17, 2022 - 9:15pm

SAN DIEGO, Calif., Aug. 17, 2022 /PRNewswire/ -- Cue Health Inc. ("Cue") (Nasdaq: HLTH) announced today the preprint publication of an independent clinical study - the largest of its kind on asymptomatic people - demonstrating that its point of care (POC) molecular COVID-19 test, which produces results in approximately 20 minutes, is as accurate as a centralized lab-based RT-PCR.  

Key Points: 
  • The study presents findings from a head-to-head comparison of the Cue COVID-19 test against lab-based RT-PCR on paired samples from 3,037 individuals.
  • "The findings from our large study indicate that sensitivity of Cue's POC testing may be an excellent proxy for PCR when accurate and fast results are urgently needed to curb transmission."
  • Specimen collection and Cue COVID-19 testing was performed by trained registered nurses (RNs and RPNs) at FH Health clinic sites.
  • Cue Health's first-of-its-kind COVID-19 test was the first FDA-authorized molecular diagnostic test for at-home and over-the-counter use without a prescription and physician supervision.

O.Berk West LLC Announces Acquisition of the Business of E.D. Luce Packaging of Cerritos, California

Retrieved on: 
Wednesday, August 17, 2022 - 7:05pm

Luce Packaging of Cerritos, California, a wholesale distributor of bottles, jars, vials, containers, prescription packaging, and pharmaceutical supplies since 1943.

Key Points: 
  • Luce Packaging of Cerritos, California, a wholesale distributor of bottles, jars, vials, containers, prescription packaging, and pharmaceutical supplies since 1943.
  • O.Berk West is an affiliate of O.Berk Company, LLC (Union, NJ), O.Berk Company of New England, LLC (West Haven, CT), and Kols Containers, Inc. (Baltimore, MD).
  • The acquisition of this experienced team of packaging professionals will add to O.Berk's leading footprint within the personal care and pharmaceutical packaging marketplaces from coast to coast.
  • Luce share core business values of providing unparalleled customer service and packaging expertise," said Marc Gaelen, President and CEO of O.Berk.