Month: July 2020

Press ReleaseNokia can instantly migrate 5 Million legacy 4G radio units to 5G Software upgrade offers seamless transition for installed 4G/LTE radios to 5G/NRMove avoids the need for tower climbs enabling immediate enablement of 5G/NR14 July 2020Espoo, Finland – Nokia today announced the availability of a software based upgrade that will enable its 4G/LTE radios to be migrated seamlessly to 5G/NR. These features will have a high value to Nokia’s customers as they provide immediate support for approximately one million radios, reaching 3.1 million by the end of the year and over 5 million in 2021. By upgrading existing radio elements via software, Nokia is helping to streamline the process of refarming 4G/LTE spectrum into 5G/NR. The move will also support existing customers and the installed base by offering a seamless and cost-effective...

Pressmeddelande 2020-07-14ArcAromas oliveCEPT® förbättrar produktionen hos Agioi Apostoloi i GreklandGrekiska Agioi Apostolois olivoljeanläggning har skrivit ett hyresavtal för att ytterligare utvärdera en oliveCEPT®-enhet och med option att köpa enheten efter ett år. I enlighet med avtalet baseras hyresnivån på värdet av den utökade produktionen, vilken bedöms uppgå till mellan 35 000 och 60 000 euro för ArcAromas del. Agioi Apostolois tog sitt beslut efter olivoljeanläggningens framgångsrika resultat under föregående år.Som ArcAroma kommunicerade i februari kunde den installerade ODIN-enheten halvera extraktionstiden och öka produktionen av Extra Virgin Olivolja (EVOO) med 10% för Agioi Apostoloi i Grekland. Under det kommande produktionsåret kommer oliveCEPT®-enheten vara i drift under hela säsongen, det vill säga cirka 3-4 månader....

Press release 2020-07-14ArcAroma´s oliveCEPT® improves production at Agioi Apostoloi in GreeceThe olive oil mill of Agioi Apostoloi in Greece signs a rental contract for further evaluation of one oliveCEPT® unit, with the option to purchase after one year. In accordance with the agreement, the rent level is based on the value of the increased production volume, which, for ArcAroma’s part, is estimated to between 35,000 and 60,000 €. Agioi Apostoloi’s decision was taken after the successful performance of one ODIN unit at the olive oil mill during the previous year.As ArcAroma communicated in February, the installed ODIN unit enabled a reduction in half of the malaxation time and a yield increase of 10% more Extra Virgin Olive Oil at Agioi Apostoloi in Greece. The coming production year, the oliveCEPT® unit will operate in full season...

Plans to provide up to USD 200 million for social housing, industrial parks and other real estate development programs in VietnamNew York, July 14, 2020 (GLOBE NEWSWIRE) — PHILUX Capital Advisors, Inc., a wholly-owned subsidiary of PHI Group, Inc. (www.phiglobal.com, PHIL), announced today that it has signed a Memorandum of Understanding with Hoang Quan Group (http://hoangquan.com.vn/en/main.html), (Stock code: HQC on HOSE VN, https://www.hsx.vn/Modules/Listed/Web/SymbolView/280), a Vietnam-based conglomerate engaged in finance, real estate and education, for comprehensive cooperation in the areas of funding, real estate, and other investment opportunities in Vietnam.According to the MOU, PHILUX Capital plans to provide up to USD 200 million (equivalent to VND 4,600 billion) to support multiple social housing projects and other...

Oslo, 14 June 2020           Below please find average gross operated production in June 2020 and corresponding numbers for May 2020.1) Barrels of oil equivalents per day2) Barrels of oil per day3) Operated by Selva Maria Oil on behalf of IOX until local authorities approves operator’s licence.***************************Interoil Exploration and Production ASA is a Norwegian based exploration and production company – listed on the Oslo Stock Exchange – with focus on Latin America. The Company is operator and license holder of several production and exploration assets in Colombia and Argentina. Interoil currently employs approximately 50 people and is headquartered in Oslo.This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Nasdaq Composite has continues to outperformed their record high from Monday’s set bagging another all-time high today with 1.4% surge which have led all stocks optimistically on today’s trading day. Contributor of Nasdaq Composite’s record high today are tech giants Microsoft (MSFT), Apple (AAPL), Amazon (AMZN) and Netflix (NFLX) with 2.20%, 2.23%, 2.70% and 1.95% advances, respectively. The positivity of today’s market has erased all worries about the growing number of coronavirus cases all around the country and regained some of the losses from yesterday. Here are the main movements in the Stock Market this Wednesday; Stocks– The Dow Jones Industrial Average has rose by 177.10 points or 0.7% closing at 26,067.28.– The S&P 500 strengthened by 0.8% closing around 3,169.9.– The Nasdaq Composite has set another...

As the growing numbers of coronavirus is strengthening all over the country, fears among investors have built again, putting stocks, dollar and treasuries in negative position. Another reason is the possibility of another virus wave is about to happen. As of this writing, Johns Hopkins University has tallied a nearly 3 million citizens in America has already contracted the virus with around 130,306 deaths related. Crudes is threatened to lower again, after reports from the U.S. government that shows gasoline are starting to stockpile once more. Here are the main movements in the Stock Market this Tuesday; Stocks– S&P 500 declined 1.08% to end the day at 3,145.32.– The Dow Jones industrial averages have slid 396.85 points, or 1.51%, to close at 25,890.18.– The technology related stock Nasdaq Composite has fallen quite...

The three major stocks in the U.S. were all green as market opens this week, ignoring the negative effect of the growing numbers of coronavirus cases all around the country. The technology related stocks which were led by Nasdaq Composite (who yet again set another record high for about 2%) ushered everyone else to a greener pasture on today’s market. Amazon’s shares has jump up by 5.7% to above 3,000 per share for the first time while Netflix set another record high with a 3% advanced that lift Nasdaq’s price just before market closed. Dollar however is down while treasuries remained leveled. Below are the movements in the stock market this Monday. Stocks– The S&P 500 Index increased 1.6% to 3,179.72 at the close of trading around 4:00 p.m. New York time. Its fifth day positive gain.– The Dow Jones Industrial Averages...