South Korean IMF (International Monetary Fund) Agreement,1997

Global Grease Market Size, Segments, Outlook, and Revenue Forecast Report 2022: A $7 Billion Market by 2028 Featuring Specialist Companies Such as Exxon Mobil, Chevron, and Castro - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 17, 2023
Other Manufacturing, Manufacturing, IATA, International Monetary Fund, Royal Dutch, Eni, Chevron Corporation, Energy, Castrol India, Wind, IMF, COVID-19, Central government, Eneos, ExxonMobil, Seizure, CITGO, Phillips, Fuchs Petrolub, Sinopec, International Air Transport Association, Lubrication, Motor vehicle, Indian Oil Corporation, Growth, Annual report, OICA, Phillips 66, Automation, Food industry, Acquisition, International Organization (journal), South Korean IMF (International Monetary Fund) Agreement,1997, Lithium, Video game, Synthetic oil, Renewable energy, EV, Castrol

The Global Grease Market is expected to record a CAGR of ~5% during the forecast period (2022-2028).

Key Points: 
  • The Global Grease Market is expected to record a CAGR of ~5% during the forecast period (2022-2028).
  • Increased automation in multiple industries and rising demand from the automotive sector is a driving factor for the grease market.
  • Rising demand from the automotive sector is one of the key factors driving the grease market.
  • Automotive is the largest end-user of grease, increasing demand for vehicles will directly help the grease market to rise.

EQS-News: Small And Medium Sized Businesses Are Losing Money When They Send Funds Overseas

Retrieved on: 
Sunday, December 18, 2022
Blockchain, Behavior, Employment, NYSE, Advertising, Artificial intelligence, Computer, NVDA, South Korean IMF (International Monetary Fund) Agreement,1997, Web3, Acceleration, GDP, Government, FVR, Workforce, Microsoft, International Monetary Fund, MSFT, Growth, WAZE, AI, Software as a service, IBM, SME, FX, Financial services, Nvidia

This is especially true of small and medium-sized enterprises, also known as SMEs.

Key Points: 
  • This is especially true of small and medium-sized enterprises, also known as SMEs.
  • SMEs make up over 90% of businesses around the world and approximately half of employment.
  • In the U.S., SMEs account for 44% of all U.S. economic activity and produce the bulk of GDP output.
  • SMEs are crucial to the economy but that doesn’t mean they always have the necessary support to excel in the growing technological world.

Wilson Sonsini Adds Jess Cheng, Former Senior Federal Reserve Payments Counsel, to Fintech and Financial Services Group

Retrieved on: 
Tuesday, December 6, 2022
Fintech, Legal, Professional Services, Finance, Crypto.com, Financial technology, Wilson Sonsini Goodrich & Rosati, Wachtell, Lipton, Rosen & Katz, Federal Reserve Board of Governors, Ecosystem, Private sector, Intellectual property, South Korean IMF (International Monetary Fund) Agreement,1997, Federal, Yale University, Federal Reserve, European Parliament Committee on Economic and Monetary Affairs, Federal Reserve Bank, Private law, Economics, Bitwise operation, Structure of the Federal Reserve System, Public sector, Financial services, Maitra, Multimedia, Jess, Columbia Law School, Intercontinental Exchange, AngelList, Roblox, Federal Reserve Bank of New York, Public policy, Silicon, Block, Science and technology in Asia, Bank, Cryptocurrency

She joins Wilson Sonsini from the Board of Governors of the Federal Reserve System in Washington, D.C., where she served as senior counsel in the Monetary Affairs and Payment Systems Section.

Key Points: 
  • She joins Wilson Sonsini from the Board of Governors of the Federal Reserve System in Washington, D.C., where she served as senior counsel in the Monetary Affairs and Payment Systems Section.
  • Chengs addition is the latest significant hire that underscores Wilson Sonsinis efforts to formalize its Fintech and Financial Services practice.
  • Wilson Sonsini provides extensive and cutting-edge corporate, regulatory, intellectual property, and litigation legal representation for innovative companies across the fintech and financial services industries.
  • Wilson Sonsini has been representing fintech clients since the industry first surfaced, and our experience has helped us attract talented attorneys like Jess and others, and led us to formalize our Fintech and Financial Services group, said Amy Caiazza, a partner at Wilson Sonsini who leads the group.

Beamery Raises $50 Million in Series D Funding to Help Businesses Make More Agile and Effective Decisions on Talent

Retrieved on: 
Tuesday, December 13, 2022
Teacher, Retirement, Natural Resources, Bias, Weather, Johnson & Johnson, Ontario Teachers' Pension Plan, General Motors, DE, International Monetary Fund, Agriculture, Uber, Intelligence, BBC, Investment, South Korean IMF (International Monetary Fund) Agreement,1997, TVG, Senior, Multimedia, Fortune 500, Thought, Workforce, Organization, Creative industries, Pension fund, Cremastocheilus beameri, Growth

LONDON, Dec. 13, 2022 /PRNewswire/ -- Beamery, the leader in talent lifecycle management, today announced it has closed a $50 million Series D funding round, taking the company to a valuation of over $1 billion – representing a 25% valuation uplift over their previous round in a challenging funding environment.

Key Points: 
  • The funding round was led by Teachers' Ventures Growth (TVG), part of the C$242 billion Ontario Teachers' Pension Plan, adding to its Series C investment in June 2021.
  • TVG focuses on late-stage venture and growth equity investments in companies that use technology to shape a better future.
  • Beamery's largest customers are increasing their commitment to the solution, with net retention for Fortune 500 customers at 135%+.
  • Ensuring we have the right talent in place to tackle key business initiatives is that much easier with Beamery implemented."

Beamery Raises $50 Million in Series D Funding to Help Businesses Make More Agile and Effective Decisions on Talent

Retrieved on: 
Tuesday, December 13, 2022
Teacher, Retirement, Natural Resources, Bias, Weather, Johnson & Johnson, Ontario Teachers' Pension Plan, General Motors, DE, International Monetary Fund, Agriculture, Uber, Intelligence, BBC, Investment, South Korean IMF (International Monetary Fund) Agreement,1997, TVG, Senior, Fortune 500, Thought, Workforce, Organization, Creative industries, Pension fund, Cremastocheilus beameri, Growth

LONDON, Dec. 13, 2022 /PRNewswire/ -- Beamery, the leader in talent lifecycle management, today announced it has closed a $50 million Series D funding round, taking the company to a valuation of over $1 billion – representing a 25% valuation uplift over their previous round in a challenging funding environment.

Key Points: 
  • The funding round was led by Teachers' Ventures Growth (TVG), part of the C$242 billion Ontario Teachers' Pension Plan, adding to its Series C investment in June 2021.
  • TVG focuses on late-stage venture and growth equity investments in companies that use technology to shape a better future.
  • Beamery's largest customers are increasing their commitment to the solution, with net retention for Fortune 500 customers at 135%+.
  • Ensuring we have the right talent in place to tackle key business initiatives is that much easier with Beamery implemented."

China's Dishui Lake - World's Financial Bay

Retrieved on: 
Thursday, December 8, 2022
Neumark, Speech, Bank for International Settlements, HSBC, Development, Conference, Silicon Valley Bank, Nobel Memorial Prize in Economic Sciences, Emerging, IMF, Bank, International Monetary Fund, BIS, Openness, Intelligence, Government, South Korean IMF (International Monetary Fund) Agreement,1997, Financial innovation, Silicon, Petroleum, BOCOM, Turing Award, Renewable energy, Economics, Dishui Lake station

SHANGHAI, Dec. 8, 2022 /PRNewswire/ -- On December 8, the Dishui Lake Emerging Finance Conference, themed Financial Innovation and Openness in China's New March to Modernization, took place at the permanent venue for the World Laureates Forum, located on the shore of Dishui Lake in the China (Shanghai) Pilot Free Trade Zone Lin-gang Special Area. The event highlighted the area's strengths in artificial intelligence, integrated circuits, intelligent electric vehicles, high-end equipment manufacturing, and other cutting-edge sci-tech industries, and invited leaders from government and financial regulatory authorities, as well as industry experts and leaders. The event reinforces the area's tagline "China's Dishui Lake - World's Financial Bay", with discussions on finance, technology and openness.

Key Points: 
  • SHANGHAI, Dec. 8, 2022 /PRNewswire/ --On December 8, the Dishui Lake Emerging Finance Conference, themed Financial Innovation and Openness in China's New March to Modernization, took place at the permanent venue for the World Laureates Forum, locatedon the shore of Dishui Lake in the China (Shanghai) Pilot Free Trade Zone Lin-gang Special Area.
  • The eventreinforcesthe area's tagline"China's Dishui Lake - World's Financial Bay", with discussions on finance, technology and openness.
  • To this end, new and emerging financial modelswill provide a powerful solution for the zone's efforts in seeking new areas forindustrial growth and creating a new ecosystemfor financial services.
  • The financial center of the future is taking shape, withDishui Lake Financial Bay well on its way to becoming aworld-class financial hub at the forefront offinancial opening, promotingvalue innovation and paving the way forthe next generation of new and emerging industries.

EQS-News: Lenzing AG: Lenzing responds with savings program to earnings development

Retrieved on: 
Monday, November 7, 2022
CFO, Electricity, CDP, Growth, Time, Investment, ROCE, International Monetary Fund, Environment, Industry, EBITDA, CAPEX, Supervisory board, South Korean IMF (International Monetary Fund) Agreement,1997, Pressure, Lenzing AG, Carbon, Calendar, Depreciation, Society, Program, Pension fund, Renewable energy, Technology, Lenzing, MSCI

Both the earnings trend and the significant deterioration in the market environment led the Lenzing Managing Board to launch a reorganization and cost reduction program.

Key Points: 
  • Both the earnings trend and the significant deterioration in the market environment led the Lenzing Managing Board to launch a reorganization and cost reduction program.
  • The program is already being implemented and is expected to save at least EUR70 mn in costs annualized once fully implemented.
  • For this reason we have launched a global program that will already lead to initial cost savings in the short term and also strengthens Lenzing for the long term, comments Stephan Sielaff, Lenzing Group CEO.
  • Given this deterioration in the market environment, Lenzing suspended its earnings guidance for the 2022 financial year on September 19, 2022.

Global Specialized Freight Trucking Market (2022 to 2031) - Featuring Cargill, FedEx, Energy Transfer Partners and CJ Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 3, 2022
Trucking, Transport, Logistics, Supply Chain Management, Drink, South Korean IMF (International Monetary Fund) Agreement,1997, Transport, FCW, Light, Technology, Car, General Electric Company, Strike, Growth, Suction, Crash, IMF, Forestry, Gasoline, Food, Agriculture, International Monetary Fund, Investment, Accident, Denso, Organization, Mining, GDP, AEB, Rail transport

The specialized freight trucking market consists of sales of specialized freight trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of household and office goods.

Key Points: 
  • The specialized freight trucking market consists of sales of specialized freight trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of household and office goods.
  • The main types in specialized freight trucking are automobiles and heavy equipment, bulk liquids, dry bulk materials, forest products, and refrigerated goods.
  • Asia Pacific was the largest region in the specialized freight trucking market in 2021.
  • The specialized freight trucking services market growth is aided by stable economic growth forecasted in many developed and developing countries.

AM Best Revises Outlooks to Negative for Jubilee General Insurance Company Limited

Retrieved on: 
Thursday, October 13, 2022
Insurance, Professional Services, News, Insurance, Flood, Risk, Government, AM Best, AM, International Monetary Fund, Investment, History, South Korean IMF (International Monetary Fund) Agreement,1997, Industry, Jubilee, Credit, ALL, ERM, Risk management

The outlook revisions to negative reflect pressure on Jubilees credit fundamentals from heightened economic, financial system and political risk in Pakistan.

Key Points: 
  • The outlook revisions to negative reflect pressure on Jubilees credit fundamentals from heightened economic, financial system and political risk in Pakistan.
  • Jubilee has significant exposure to Pakistan, where the company generates all of its business and holds practically all of its investments.
  • The recent floods in Pakistan are expected to have a limited impact on Jubilees operating performance, owing to its small exposure to related losses.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Downgrades Credit Ratings of EFU General Insurance Limited

Retrieved on: 
Thursday, October 13, 2022
Professional Services, Insurance, Finance, Pressure, News, Insurance, Flood, Risk, ICR, Government, AM Best, AM, Long-Term Capital Management, International Monetary Fund, Investment, History, South Korean IMF (International Monetary Fund) Agreement,1997, Industry, EFU, FSR, Credit, Good, ALL, ERM, Risk management, Bank

AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long Term ICR) to bb+ (Fair) from bbb- (Good) of EFU General Insurance Limited (EFUG) (Pakistan).

Key Points: 
  • AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long Term ICR) to bb+ (Fair) from bbb- (Good) of EFU General Insurance Limited (EFUG) (Pakistan).
  • The Credit Ratings (ratings) reflect EFUGs balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and marginal enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .