RAQ

EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming

Retrieved on: 
Thursday, July 13, 2023

EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming

Key Points: 
  • EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming
    13 July 2023
    The European Banking Authority (EBA) today published its Q1 2023 quarterly Risk Dashboard (RDB).
  • Banks’ profitability continued to increase, and their capital, funding and liquidity ratios remain strong.
  • Bank debt issuance has resumed after a temporary halt due to the Silicon Valley Bank (SVB) and Credit Suisse (CS) induced turmoil.
  • - The uncertain economic outlook has resulted in lower consumer and business confidence as well as reduced risk appetite among banks.

Knowles Releases Balanced Armatures, MEMS for Over-The-Counter Hearing Aids

Retrieved on: 
Wednesday, December 21, 2022

Knowles Corporation (NYSE: KN), a leading manufacturer of transducers for hearing aids, today debuts its latest solutions optimized for over-the-counter (OTC) hearing aids.

Key Points: 
  • Knowles Corporation (NYSE: KN), a leading manufacturer of transducers for hearing aids, today debuts its latest solutions optimized for over-the-counter (OTC) hearing aids.
  • The new releases – including a trio of balanced armature receivers and two MEMS microphones – offer performance and design flexibility to accelerate the production of hearing health products.
  • The rulemaking is intended to broaden access to quality, affordable hearing aids for millions of US adults with perceived mild to moderate hearing loss.
  • To find out more about Knowles solutions for OTC hearing aids including the RAP, RAQ and RLQ balanced armature receivers and the MM30 and MM06 MEMS microphones, please visit www.knowles.com/OTC .

EBA Risk Dashboard shows that capital and liquidity ratios remain robust

Retrieved on: 
Monday, January 16, 2023

EBA Risk Dashboard shows that capital and liquidity ratios remain robust

Key Points: 
  • EBA Risk Dashboard shows that capital and liquidity ratios remain robust
    12 January 2023
    The European Banking Authority (EBA) today published its quarterly Risk Dashboard together with the results of the autumn edition of the Risk Assessment Questionnaire (RAQ).
  • - Overall, banks maintain robust capital and liquidity ratios.
  • - The average Liquidity Coverage Ratio (LCR) reached 162.5% (164.9% in Q2 2022) while the average Net Stable Funding Ratio (NSFR) remained at 126.9%.
  • - Average return on equity (RoE) remains stable supported by increases in net interest income
    - Banks and analysts remain optimistic about profitability prospects.

VILLE DE SHAWINIGAN SECURES LAND SALE OPTION AGREEMENT WITH RÉSEAU ALLÉGÉ QUÉBEC FOR A PROPOSED NEW, SCALEABLE ENERGY STORAGE MANUFACTURING AND RESEARCH FACILITY

Retrieved on: 
Monday, July 11, 2022

VILLE DE SHAWINIGAN, QC, July 11, 2022 /PRNewswire/ -- The Ville de Shawinigan, located in Canada's Québec Province, has agreed to sell land to Réseau Allégé Québec Inc. (RAQ, and d/b/a Lightening Grid Quebec) pursuant to a purchase offer dated May 16, 2022, for the purpose of building a first-in-class technical center and advanced grid storage battery cells and systems manufacturing facility.  Preliminary preparation work is underway at the location for site inspection, clearance, and design.   

Key Points: 
  • "We are very pleased to welcome Rseau Allg Qubec to the large-scale Alice-Asselin industrial park site.
  • This morning's announcement confirms the importance ofShawiniganwithin the future innovation zone of the Energy Transition Valley," said Michel Angers, Mayor of Shawinigan.
  • "With Rseau Allg Qubec's future facilities in Shawinigan, we are gaining not only a player in our battery industry, but more importantly, new expertise in energy storage.
  • Rseau Allg Qubec, a subsidiary ofCompact Power, Inc. d/b/a Lightergy,brings15 years of advanced energy storage technology expertise and breakthrough power solutions including energy management systems, cells, modules, and battery systems.

Knowles Introduces New Balanced Armature Receiver for Over-The-Counter Hearing Aid Market

Retrieved on: 
Tuesday, February 15, 2022

Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic microphones, speakers, audio solutions, high performance capacitors and RF products, today announced the RAQ, a new medium-power balanced armature receiver developed for high volume hearing health and TWS products.

Key Points: 
  • Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic microphones, speakers, audio solutions, high performance capacitors and RF products, today announced the RAQ, a new medium-power balanced armature receiver developed for high volume hearing health and TWS products.
  • Following a recently proposed ruling from the U.S. Food and Drug Administration , the over-the-counter (OTC) hearing devices are intended to broaden access to hearing aid technology for millions of Americans.
  • Knowles RAQ receiver is well-positioned to serve this expanding market opportunity.
  • Knowles is the worlds largest producer of transducers for the hearing health market.