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CI&T Acquires Transpire to Enhance its Growth in Australia and APAC

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Wednesday, August 17, 2022 - 11:59pm

CI&T (NYSE: CINT), a global digital specialist, announces today the execution of a sale and purchase agreement to acquire Transpire Technology Pty Ltd ("Transpire"), an award-winning Australian technology consultancy, to enhance its growth in APAC.

Key Points: 
  • CI&T (NYSE: CINT), a global digital specialist, announces today the execution of a sale and purchase agreement to acquire Transpire Technology Pty Ltd ("Transpire"), an award-winning Australian technology consultancy, to enhance its growth in APAC.
  • Since 2009, Transpire has been the trusted technology partner of some of Australias most innovative organisations, including Vodafone, Virgin Australia and ASX200 listed companies.
  • Headquartered in Melbourne, with team members across Australia, Transpire delivers digital experiences across several verticals, with a solid design-led, mobile-first, cloud-native approach.
  • In 2022, Transpire was certified a Great Place to Work, recognising its leading workplace culture in Australia.

Europe Ground Support Equipment Market Report 2022-2028: Increase in the Number of Airports & Terminals Being Constructed & a Rise in Air Traffic to Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 17, 2022 - 4:49pm

The "Europe Ground Support Equipment Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Ground Support Equipment Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • This report on the ground support equipment market in Europe estimates that the industry would grow in terms of revenue, with a CAGR of 11.53% over the forecast period 2022-2028.
  • In Germany, the notable expansion of airport infrastructure to support the surging traffic of air passengers across airports is expected to drive the growth of the ground support equipment market.
  • The ground support equipment market in Russia is also growing steadily due to the ever-growing demand for high-quality ground support equipment from leading airports.

US Spending on Recreation to Jump 29% in Real Terms Amid Post-Pandemic Return to Trend

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Wednesday, August 17, 2022 - 3:17pm

CLEVELAND, Aug. 17, 2022 /PRNewswire/ -- US personal consumption spending on recreation services is forecast to grow 9.9% annually in nominal terms through 2026, according to Recreation: United States, a report recently released by Freedonia Focus Reports. In real (inflation-adjusted) terms, spending is projected to advance 7.9% yearly over that span. Gains will stem from a return to trend following the relaxation of COVID-19 restrictions. Further advances will be driven by increases in disposable personal income (DPI), which will support consumer travel to recreation destinations and spending during their stay. However, real DPI per capita is expected to decrease in 2022 as a result of inflation. Recreation providers also stand to benefit from a consumer trend that favors spending on experiences over products. While population growth will continue to expand the consumer base, shifting demographics as the resident population becomes proportionately older will force recreation providers to change their service offerings. Streaming media and video games are expected to continue to present strong competition, particularly amid the increasing sophistication of home entertainment systems. Further, the impact of high fuel prices on travel amidst the Russia-Ukraine conflict and related sanctions placed on Russia will weigh on spending in the short term, as consumers will be less likely to take road trips.

Key Points: 
  • In real (inflation-adjusted) terms, spending is projected to advance 7.9% yearly over that span.
  • Gains will stem from a return to trend following the relaxation of COVID-19 restrictions.
  • Further advances will be driven by increases in disposable personal income (DPI), which will support consumer travel to recreation destinations and spending during their stay.
  • Recreation providers also stand to benefit from a consumer trend that favors spending on experiences over products.

TurtleTree Announces LF+, the First-Ever Sustainable Lactoferrin Made With Precision Fermentation

Retrieved on: 
Wednesday, August 17, 2022 - 3:00pm

WOODLAND, Calif. and SINGAPORE, Aug. 17, 2022 /PRNewswire/ --Following 18 months of extensive R&D, TurtleTree has officiallyannounced its production of LF+, the world's rst sustainable bovine lactoferrin created using precision fermentation technology.

Key Points: 
  • WOODLAND, Calif. and SINGAPORE, Aug. 17, 2022 /PRNewswire/ --Following 18 months of extensive R&D, TurtleTree has officiallyannounced its production of LF+, the world's rst sustainable bovine lactoferrin created using precision fermentation technology.
  • A key part of the company's ongoing work with cultivated dairy, precision fermentation is a state-of-the-art process that uses microbial hosts for the mass production of ingredients.
  • Compared to traditional methods, precision fermentation offers far greater efficiency and volume, enabling viable production at commercial scale.
  • Echoing this outlook, TurtleTree CEO, Fengru Lin, commented: "The sustainable production of lactoferrin through precision fermentation is a perfect t for our mission of nourishing both the planet and its people.

TurtleTree Announces LF+, the First-Ever Sustainable Lactoferrin Made With Precision Fermentation

Retrieved on: 
Wednesday, August 17, 2022 - 3:00pm

WOODLAND, Calif. and SINGAPORE, Aug. 17, 2022 /PRNewswire/ --Following 18 months of extensive R&D, TurtleTree has officiallyannounced its production of LF+, the world's rst sustainable bovine lactoferrin created using precision fermentation technology.

Key Points: 
  • WOODLAND, Calif. and SINGAPORE, Aug. 17, 2022 /PRNewswire/ --Following 18 months of extensive R&D, TurtleTree has officiallyannounced its production of LF+, the world's rst sustainable bovine lactoferrin created using precision fermentation technology.
  • A key part of the company's ongoing work with cultivated dairy, precision fermentation is a state-of-the-art process that uses microbial hosts for the mass production of ingredients.
  • Compared to traditional methods, precision fermentation offers far greater efficiency and volume, enabling viable production at commercial scale.
  • Echoing this outlook, TurtleTree CEO, Fengru Lin, commented: "The sustainable production of lactoferrin through precision fermentation is a perfect t for our mission of nourishing both the planet and its people.

EQS-News: PJSC Mechel : MECHEL ANNOUNCES THE 1H 2022 OPERATIONAL RESULTS RELEASE DATE

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Wednesday, August 17, 2022 - 3:15pm

Moscow, Russia August 17, 2022 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational results for the first six months period ending June 30, 2022, on Thursday, August 18, 2022.

Key Points: 
  • Moscow, Russia August 17, 2022 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational results for the first six months period ending June 30, 2022, on Thursday, August 18, 2022.
  • The Group has decided not to disclose financial results for the first six months period ending June 30, 2022.
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • We wish to caution you that these statements are only predictions and that actual events or results may differ materially.

EQS-News: PJSC Mechel : MECHEL INFORMS ADR HOLDERS OF POSSIBLE DR CONVERSION TO LOCAL MECHEL SHARES

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Wednesday, August 17, 2022 - 3:15pm

Moscow, Russia August 17, 2022 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, informs ADR holders of the possibility of an automatic or forced conversion of depositary receipts into local shares.

Key Points: 
  • Moscow, Russia August 17, 2022 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, informs ADR holders of the possibility of an automatic or forced conversion of depositary receipts into local shares.
  • 114-FZ of April 16, 2022, Mechel has submitted to the Depository of Raiffeisenbank AO a notification of the actions aimed at an automatic conversion of American depositary receipts (ADRs) into common and preferred shares of Mechel PAO.
  • The automatic conversion is available for depositary receipts, the rights to which are recorded in Russian depositories, and does not require ADR holders to perform any additional actions.
  • Holders of Mechel ADR who wish to exercise the right of forced conversion may apply to the Depository of Raiffeisenbank AO by October 11, 2022.

Diana Shipping Inc. Announces Sale and Leaseback of m/v New Orleans and m/v Santa Barbara

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Wednesday, August 17, 2022 - 2:25pm

Upon completion of the previously announced sale of the m/v Baltimore and the acquisition of the nine dry bulk vessels, Diana Shipping Inc.s fleet will consist of 43 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 9 Ultramax).

Key Points: 
  • Upon completion of the previously announced sale of the m/v Baltimore and the acquisition of the nine dry bulk vessels, Diana Shipping Inc.s fleet will consist of 43 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 9 Ultramax).
  • A table describing the current Diana Shipping Inc. fleet can be found on the Companys website, www.dianashippinginc.com.
  • Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels.
  • The words believe, anticipate, intends, estimate, forecast, project, plan, potential, may, should, expect, pending and similar expressions identify forward-looking statements.

LG Innotek's Quality Control Gets Recognition from a Global Premium Vehicle Maker

Retrieved on: 
Wednesday, August 17, 2022 - 2:00pm

SEOUL, South Korea, Aug. 17, 2022 /PRNewswire/ -- On Aug. 17, LG Innotek (CEO Cheol-Dong Jeong) announced that the company had maintained Jaguar Land Rover Quality Certification awarded by the global premium vehicle maker Jaguar Land Rover (JLR) for two years in a row.

Key Points: 
  • SEOUL, South Korea, Aug. 17, 2022 /PRNewswire/ -- On Aug. 17, LG Innotek (CEO Cheol-Dong Jeong) announced that the company had maintained Jaguar Land Rover Quality Certification awarded by the global premium vehicle maker Jaguar Land Rover (JLR) for two years in a row.
  • The certification that LG Innotek received this time has a significant meaning in that the company's quality system has been recognized by a global premium car manufacturer.
  • LG Innotek has been recognized for its perfect quality control among major global automobile and automotive component manufacturers, including General Motors, German Continental AG, and Schaeffler.
  • By receiving the Jaguar Land Rover Quality Certification, LG Innotek has proven its quality competitiveness in the global market for automotive components.

LexisNexis Risk Solutions Financial Crime Digital Intelligence Solution Named Anti-Money Laundering Product of the Year by Risk.net

Retrieved on: 
Wednesday, August 17, 2022 - 2:00pm

ATLANTA, Aug. 17, 2022 /PRNewswire/ --LexisNexis Risk Solutions announced that its Financial Crime Digital Intelligence solution won Anti-Money Laundering Product of the Year at the 2022 Risk Technology Awards.The Risk Technology Awards recognize vendors that excel in helping the industry meet its various challenges in the fields of anti-money laundering, credit, operational risk and wider enterprise risk management.

Key Points: 
  • ATLANTA, Aug. 17, 2022 /PRNewswire/ --LexisNexis Risk Solutions announced that its Financial Crime Digital Intelligence solution won Anti-Money Laundering Product of the Year at the 2022 Risk Technology Awards.The Risk Technology Awards recognize vendors that excel in helping the industry meet its various challenges in the fields of anti-money laundering, credit, operational risk and wider enterprise risk management.
  • LexisNexis Financial Crime Digital Intelligence is a game-changing solution for digital financial crime compliance, created as an answer to one of the industry's most pressing unsolved problems: digital evasion of sanctions.With Financial Crime Digital Intelligence, users can better detect potential digital sanctions evasions in real time even when an entity may be attempting to obscure its true location because of the power of the LexisNexis Digital Identity Network, a crowd-sourced digital identity intelligence network that collects up to 10 location signals from every transaction that occurs across the network.
  • "Financial Crime Digital Intelligence is comprehensive and clearly tailored to these new sanctions environment and long-term data retention is a clear advantage as this is an area of focus by regulators."
  • Financial Crime Digital Intelligenceprovides innovative, just-in-time capabilities to rapidly transform financial crime compliance practices for the emerging regulatory requirements of today and tomorrow."