Terminology

ESMA issues its first opinion on the draft European Sustainability Reporting Standards

Retrieved on: 
Friday, January 27, 2023

ESMA issues its first opinion on the draft European Sustainability Reporting Standards

Key Points: 
  • ESMA issues its first opinion on the draft European Sustainability Reporting Standards
    The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor, has issued an opinion on the first set of draft European Sustainability Reporting Standards (ESRS Set 1) developed by the European Financial Reporting Advisory Group (EFRAG).
  • ESMA finds that ESRS Set 1 broadly meets the objective of being conducive to investor protection and of not undermining financial stability.
  • To bring Set 1 from broadly capable to fully capable of meeting that objective, ESMA advises the European Commission to address selected technical issues set out in the opinion.
  • The European Commission will consider ESMA’s technical input as it finalises ESRS Set 1 and adopts it into delegated acts.

NetEase Announces Non-Renewal of Licenses with Blizzard

Retrieved on: 
Thursday, November 17, 2022

We will make sure our players' data and assets are well protected in all of our games," said William Ding, CEO of NetEase.

Key Points: 
  • We will make sure our players' data and assets are well protected in all of our games," said William Ding, CEO of NetEase.
  • As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES and HKEX:9999, "NetEase") provides premium online services centered around content creation.
  • By infusing play with culture and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world.
  • NetEase does not undertake any obligation to update this forward-looking information, except as required under the applicable law.

INX Reports Q3 2022 Cumulative Adjusted Operating Cash Flow and Pro Rata Portion of the Distributable Amount per INX Token

Retrieved on: 
Wednesday, November 16, 2022

The distribution to holders of the INX Tokens will be based on a final calculation of our cumulative Adjusted Operating Cash Flow and the pro rata portion of the Distributable Amount per INX Token.

Key Points: 
  • The distribution to holders of the INX Tokens will be based on a final calculation of our cumulative Adjusted Operating Cash Flow and the pro rata portion of the Distributable Amount per INX Token.
  • The distribution to INX Token Holders is a contractual obligation of the Company and a right of each INX Token holder of record as of March 31 of a year following a year end for which there was positive cumulative Adjusted Operating Cash Flow.
  • However, the pro rata distribution of our cumulative Adjusted Operating Cash Flow is not self-executing and requires that our board of directors approve the Company's financial statements and calculate such distribution in good faith.
  • Further, although the annual calculation of our cumulative Adjusted Operating Cash Flow will be based on information provided in the audited consolidated financial statements of INX Limited and its subsidiaries, neither the calculation of the cumulative Adjusted Operating Cash Flow nor any pro rata distributions thereof to token holders will be audited at the time of any distribution.

INX Reports Q3 2022 Cumulative Adjusted Operating Cash Flow and Pro Rata Portion of the Distributable Amount per INX Token

Retrieved on: 
Wednesday, November 16, 2022

The distribution to holders of the INX Tokens will be based on a final calculation of our cumulative Adjusted Operating Cash Flow and the pro rata portion of the Distributable Amount per INX Token.

Key Points: 
  • The distribution to holders of the INX Tokens will be based on a final calculation of our cumulative Adjusted Operating Cash Flow and the pro rata portion of the Distributable Amount per INX Token.
  • The distribution to INX Token Holders is a contractual obligation of the Company and a right of each INX Token holder of record as of March 31 of a year following a year end for which there was positive cumulative Adjusted Operating Cash Flow.
  • However, the pro rata distribution of our cumulative Adjusted Operating Cash Flow is not self-executing and requires that our board of directors approve the Company's financial statements and calculate such distribution in good faith.
  • Further, although the annual calculation of our cumulative Adjusted Operating Cash Flow will be based on information provided in the audited consolidated financial statements of INX Limited and its subsidiaries, neither the calculation of the cumulative Adjusted Operating Cash Flow nor any pro rata distributions thereof to token holders will be audited at the time of any distribution.

ZIM Reports Financial Results for the Third Quarter and First Nine Months of 2022

Retrieved on: 
Wednesday, November 16, 2022

HAIFA, Israel, Nov. 16, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and nine months ended September 30, 2022.

Key Points: 
  • ZIM carried 842 thousand TEUs in the third quarter of 2022, compared to 884 thousand TEUs in the third quarter of 2021.
  • Net income for the third quarter of 2022 was $1.17 billion, compared to $1.46 billion for the third quarter of 2021.
  • Adjusted EBIT was $1.55 billion for the third quarter of 2022, compared to $1.86 billion for the third quarter of 2021.
  • ZIM carried 2,557 thousand TEUs in the first nine months of 2022, compared to 2,623 thousand TEUs in the first nine months of 2021.

Compugen to Receive Milestone Payment Triggered by AstraZeneca's Phase 2 Initiation of PD-1/TIGIT Bispecific

Retrieved on: 
Wednesday, November 16, 2022

"Like COM902, AZD2936 was engineered to reduce Fc effector functionality, with the potential to enhance anti-tumor activity.

Key Points: 
  • "Like COM902, AZD2936 was engineered to reduce Fc effector functionality, with the potential to enhance anti-tumor activity.
  • We believe that this is the optimal design and look forward to seeing how it plays out in the clinic."
  • Such forward-looking statements are based on the current beliefs, expectations, and assumptions of Compugen.
  • Compugen does not assume any obligation to update any forward-looking statements unless required by law.

Revolve Provides Development Progress on its 250MW Parker Solar & Storage Project in the US

Retrieved on: 
Wednesday, November 16, 2022

VANCOUVER, BC, Nov. 16, 2022 /PRNewswire/ - Revolve Renewable Power Corp. (TSXV: REVV) ("Revolve" or the "Company") is pleased to provide an update on the ongoing development activity of its 250MW Parker Solar & Storage project (the "Parker Project").

Key Points: 
  • VANCOUVER, BC, Nov. 16, 2022 /PRNewswire/ - Revolve Renewable Power Corp. (TSXV: REVV) ("Revolve" or the "Company") is pleased to provide an update on the ongoing development activity of its 250MW Parker Solar & Storage project (the "Parker Project").
  • Revolve is active on several utility scale solar, battery storage and wind projects in the US.
  • Considerable progress has been achieved on the Parker Project over the last eighteen (18) months and it is now moving towards the mid-stage of development.
  • Revolve develops utility-scale wind, solar and battery storage projects in the US and Mexico with a portfolio of c.3,600MW under development.

Tarena Added to the List of "Approved Education Providers" published by China's Ministry of Education

Retrieved on: 
Wednesday, November 16, 2022

Ms. Yin Sun, the Chief Executive Officer of Tarena, commented, "Assisting fresh graduates in locating high-quality employment has always been one of Tarena's top priorities.

Key Points: 
  • Ms. Yin Sun, the Chief Executive Officer of Tarena, commented, "Assisting fresh graduates in locating high-quality employment has always been one of Tarena's top priorities.
  • Tarenais a leading provider of IT professional education and IT-focused supplementary STEAM education services inChina.
  • Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules,Tarenaoffers adult professional education courses in IT and non-IT subjects.
  • Further information regarding these and other risks, uncertainties or factors is included in Tarena's filings with the U.S. Securities and Exchange Commission.

Exro Technologies' Announces Resolution to its Patent Dispute with ePropelled

Retrieved on: 
Tuesday, November 15, 2022

The parties have agreed that Exro's Coil Drive System (CDS) and Coil DriversTM do not infringe upon any claim of ePropelled's U.S. Patent No.

Key Points: 
  • The parties have agreed that Exro's Coil Drive System (CDS) and Coil DriversTM do not infringe upon any claim of ePropelled's U.S. Patent No.
  • As a result, the parties have stipulated to the dismissal of the lawsuit with prejudice.
  • "We appreciate that the litigation process of this case has had a negative impact on our stock price.
  • This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws.