COVID-19 pandemic

Derivitec launches in the US

Retrieved on: 
Tuesday, March 26, 2024
Risk management, Growth, Risk, COVID-19 pandemic, Travel, Tutoring

Derivitec is now actively recruiting for quantitative analyst roles as it continues its journey of rapid expansion into the US market.

Key Points: 
  • Derivitec is now actively recruiting for quantitative analyst roles as it continues its journey of rapid expansion into the US market.
  • Derivitec has been building out its best-of-breed cloud-based risk analytics service since inception in 2011.
  • Following its first round of investment, Derivitec expanded client coverage to Hong Kong, and subsequently Singapore, establishing its Hong Kong office at the end of 2018.
  • George Kaye, CEO and Founder of Derivitec, comments: “We are delighted, finally, to have an established presence in North America.

Statement re Acciaierie d’Italia being placed into extraordinary administration

Retrieved on: 
Tuesday, February 20, 2024
Spondyloarthropathy, ADI, ILVA, COVID-19 pandemic, Injection, Government, ArcelorMittal, Partnership, Security (finance)

Earlier today the Italian Government announced that it has placed Acciaierie d’Italia SpA (‘ADI’) into extraordinary administration subsequent to the request of Invitalia, thereby passing control of the company from its current shareholders, ArcelorMittal and Invitalia, to government appointed commissioners.

Key Points: 
  • Earlier today the Italian Government announced that it has placed Acciaierie d’Italia SpA (‘ADI’) into extraordinary administration subsequent to the request of Invitalia, thereby passing control of the company from its current shareholders, ArcelorMittal and Invitalia, to government appointed commissioners.
  • Since that time, ArcelorMittal has been fully committed to the people and assets of ADI - then known as Ilva - investing over €2 billion.
  • ADI also benefited from hundreds of millions of euros of credit through the provision of raw materials by ArcelorMittal.
  • For the people and communities of ADI, ArcelorMittal hopes that a future can be secured that will bring much needed stability.

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

Retrieved on: 
Thursday, March 7, 2024
Bitcoin, Ethereum, Generative art, CDS, Investment, Growth, Version, Sale, Art, Health, Brexit, Century, Contemporary art, Taliban, Sotheby, Les Femmes, Uncertainty, COVID-19 pandemic, Auction, Fine art, Female, Art market, Sotheby's, Artificial intelligence, Contemporary history, China Poly Group, Annual report, Non-fungible token, PDF, NFT, Christie's, Internet

Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.

Key Points: 
  • Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.
  • The Contemporary art market has therefore increased 36-fold in 23 years, reflecting a historic phenomenon with Contemporary Art becoming a primary locomotive of the global art market.
  • Modern art remained the largest segment of the art market, accounting for 40% of its auction turnover revenue (compared with 38% in 2022).
  • When looked at over the longer term, it is clear that Brexit has negatively impacted the UK's art auction market.

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

Retrieved on: 
Thursday, March 7, 2024
Bitcoin, Ethereum, Generative art, CDS, Investment, Growth, Version, Sale, Art, Health, Brexit, Century, Contemporary art, Taliban, Sotheby, Les Femmes, Uncertainty, COVID-19 pandemic, Auction, Fine art, Female, Art market, Sotheby's, Artificial intelligence, Contemporary history, China Poly Group, Annual report, Non-fungible token, PDF, NFT, Christie's, Internet

Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.

Key Points: 
  • Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.
  • The Contemporary art market has therefore increased 36-fold in 23 years, reflecting a historic phenomenon with Contemporary Art becoming a primary locomotive of the global art market.
  • Modern art remained the largest segment of the art market, accounting for 40% of its auction turnover revenue (compared with 38% in 2022).
  • When looked at over the longer term, it is clear that Brexit has negatively impacted the UK's art auction market.

Mongolian US$350 million bond issue enhances country's reputation among investors

Retrieved on: 
Friday, December 1, 2023
Terawatt, Ministry, Record, Bank, Exercise, Bank of Mongolia, COVID-19 pandemic, Ministry of Finance (Mongolia), Vision 2050 (Rwanda), Growth, Watt, Oyu Tolgoi mine, Transport, Security (finance), COVID-19

The new US$350 million 7.875% due 2029 bond issue and tender achieved all stated objectives, reducing annual interest costs by more than US$3 million, and funding Mongolia's international bond obligations until the next maturity in April 2026.

Key Points: 
  • The new US$350 million 7.875% due 2029 bond issue and tender achieved all stated objectives, reducing annual interest costs by more than US$3 million, and funding Mongolia's international bond obligations until the next maturity in April 2026.
  • The new bonds met with extremely strong investor demand with the order book reaching US$4.2billion at the peak and 293 investors participating.
  • The 12-times oversubscription of the orderbook allowed for a pricing flat to secondary market yields of Mongolia without any new issue premium.
  • 22% of participating investors are domiciled in the United States, 32% in Europe and Middle East, and 46% in Asia.

Mongolian US$350 million bond issue enhances country's reputation among investors

Retrieved on: 
Friday, December 1, 2023
Terawatt, Ministry, Record, Bank, Exercise, Bank of Mongolia, COVID-19 pandemic, Ministry of Finance (Mongolia), Vision 2050 (Rwanda), Growth, Watt, Oyu Tolgoi mine, Transport, Security (finance), COVID-19

The new US$350 million 7.875% due 2029 bond issue and tender achieved all stated objectives, reducing annual interest costs by more than US$3 million, and funding Mongolia's international bond obligations until the next maturity in April 2026.

Key Points: 
  • The new US$350 million 7.875% due 2029 bond issue and tender achieved all stated objectives, reducing annual interest costs by more than US$3 million, and funding Mongolia's international bond obligations until the next maturity in April 2026.
  • The new bonds met with extremely strong investor demand with the order book reaching US$4.2billion at the peak and 293 investors participating.
  • The 12-times oversubscription of the orderbook allowed for a pricing flat to secondary market yields of Mongolia without any new issue premium.
  • 22% of participating investors are domiciled in the United States, 32% in Europe and Middle East, and 46% in Asia.

Red Cat Holdings Reports Financial Results for Fiscal First Quarter 2024 and Provides Corporate Update

Retrieved on: 
Tuesday, September 19, 2023
Patrol boat, UM, Border Patrol, Segment, 1951 Western Reserve Red Cats football team, Sale, Interest, SAN, COVID-19 pandemic, Webcast, Consumer, Government, RCAT, 2012 Six-red World Championship, Software, Security (finance)

SAN JUAN, Puerto Rico, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, reports its financial results for the fiscal quarter ended July 31, 2023 and provides a business update.

Key Points: 
  • SAN JUAN, Puerto Rico, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, reports its financial results for the fiscal quarter ended July 31, 2023 and provides a business update.
  • "This was a record sales quarter for the Enterprise segment and we expect the next two fiscal quarters to report even higher record sales levels.
  • ET on Tuesday, September 19, 2023 to review financial results and provide an update on corporate developments.
  • Callers should dial in approximately ten minutes prior to the start time and ask to be connected to the Red Cat conference call.

Sacem 2022 results: a record breaking-year despite a contrasted environment

Retrieved on: 
Wednesday, June 21, 2023
Online, Acceleration, DNA, Music, National Music Centre, History, Creativity, Collection, COVID-19 pandemic, Artificial intelligence, Growth, Society, Société des auteurs, compositeurs et éditeurs de musique

Sacem processed 275 trillion streams and downloads in 2022.

Key Points: 
  • Sacem processed 275 trillion streams and downloads in 2022.
  • Sacem was more motivated than ever to offer creators the best conditions for making a living from their art.
  • They have opened up new territory, while at the same time creating space for a new era of development for Sacem.
  • Sacem will be at the forefront, defending the rights and revenues of its members and partners as we face all these challenges."

Sacem 2022 results: a record breaking-year despite a contrasted environment

Retrieved on: 
Wednesday, June 21, 2023
Online, Acceleration, DNA, Music, National Music Centre, History, Creativity, Collection, COVID-19 pandemic, Artificial intelligence, Growth, Society, Société des auteurs, compositeurs et éditeurs de musique

Sacem processed 275 trillion streams and downloads in 2022.

Key Points: 
  • Sacem processed 275 trillion streams and downloads in 2022.
  • Sacem was more motivated than ever to offer creators the best conditions for making a living from their art.
  • They have opened up new territory, while at the same time creating space for a new era of development for Sacem.
  • Sacem will be at the forefront, defending the rights and revenues of its members and partners as we face all these challenges."

2CRSi SA: The 2CRSi Group is selling its 'distribution' division to focus on its IT manufacturing activity.

Retrieved on: 
Saturday, June 17, 2023
Heart, Intellectual property, Annual, Calendar, HAW, Research, Sale, BNP Paribas, Acquisition, COVID-19 pandemic, Regulatory News Service, Artificial intelligence, AMF, OPEX, Publishing, Security (finance), Cryptocurrency, Automotive industry, Bank, Brexit

2CRSi SA: The 2CRSi Group is selling its 'distribution' division to focus on its IT manufacturing activity.

Key Points: 
  • 2CRSi SA: The 2CRSi Group is selling its 'distribution' division to focus on its IT manufacturing activity.
  • The 2CRSi Group is selling its "distribution" division to focus on its IT manufacturing activity.
  • 2CRSi's revenue grew from €65m in calendar year 2018 to around €184m in the financial year ended February 2023.
  • The proceeds of the sale will be allocated as a priority to deleveraging and strengthening 2CRSi Group shareholders' equity.