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Day: September 6, 2022

World’s largest pension funds reach new $23.6 trillion record

The top 300 largest pension funds have seen assets grow cumulatively by 50% since 2016. The U.S. is now home to almost half of the world’s largest pension funds. However, a majority of pension funds now cite future strategic challenges due to rising growth headwinds.ARLINGTON, Va., Sept. 06, 2022 (GLOBE NEWSWIRE) — Assets under management (AuM) at the world’s top 300 pension funds increased by 8.9% to reach a new record, totaling $23.6 trillion in 2021, according to the annual research conducted by WTW’s Thinking Ahead Institute. The research highlights high-level trends in the pension fund industry and provides information on the changing characteristics of these funds. While total AuM has reached record highs, growth has slowed from 11.5% in 2020 to 8.9% in 2021. This was to be expected after a very strong performance in...

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HRC World PLC: NOTICE OF ANNUAL GENERAL MEETING 2022

NOTICEOF ANNUALGENERAL MEETING 2022 When :         Thursday 29 September 2022 at 4.30 p.m. (Malaysian Time) Where :         Suite 2B-25-2, 25th Floor, Block 2B, Plaza Sentral, Jalan Stesen 5, 50470 Kuala Lumpur, Malaysia THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTIONIf you are in any doubt as to the action you should take, you are recommended to seek your own personal financial advice immediately from your stockbroker, bank manager, solicitor, accountant, fund manager or other appropriate independent financial adviser, who is authorised under the Financial Services and Markets Act 2000 if you are in the United Kingdom, or, if not, from another appropriately authorised independent financial adviser. If you have sold or otherwise transferred all your shares in HRC World Plc, you should at once forward this document and...

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Statkraft issues inaugural EUR 500 million green bond

Today, Tuesday, Statkraft has issued its first green EUR 500 million senior unsecured bond under its EMTN (Euro Medium Term Note) programme. The bond matures in September 2029 and pays a fixed coupon of 2.875 %. The issue was oversubscribed close to 10 times. The proceeds from the bond issue will be used to finance eligible projects as specified in Statkraft’ s Green Finance Framework. Nordea, Santander, Société Générale and UniCredit acted as joint bookrunners on the bond issue. Statkraft will apply for the bond to be listed on Euronext Dublin. The EMTN Offering Circular and Green Finance Framework are available on Statkraft’ s website: https://www.statkraft.com/IR/funding/ For further information, please contact: VP Group Treasury Stephan Skaane, tel.: +47 905 13 652 Funding Manager André Julin, tel.: +47 992 54 205

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Adevinta ASA (ADE) – Mandatory notification of trade – Spot Equity Award program 

Oslo, 6th September 2022: Adevinta is during the coming days transferring a net amount of  68,218 own shares to employees in connection with its Spot Equity Award plan. 62,015 own shares were sold through a broker in the open market at an average price of NOK 79.1646 on 1st September 2022 to cover the participant’s tax liabilities in relation to the incentive program. The share transfer is a settlement of the first tranche of the Spot Equity Award program of Adevinta ASA aimed to retain certain key roles with the remaining tranches vesting in August 2023 and August 2024.  Shares transferred to employees who are primary insiders are disclosed in an attachment to this release and the notifications of the transaction are also attached to this press release in accordance with MAR regulation. – End –  IR contactMarie de ScobiacHead...

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Warner Music Group Corp. to Participate in the Goldman Sachs Communacopia + Technology Conference

NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) — Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Steve Cooper, Chief Executive Officer, will participate in a question and answer session during the Goldman Sachs Communacopia + Technology Conference on Monday, September 12th, at 10:00 a.m. PT. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner Music Group’s website (https://investors.wmg.com/events-and-presentations/upcoming-events). A replay of the audio webcast will be available in the Past Events section of Warner Music Group’s Investor Relations homepage. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group (WMG) today brings together artists, songwriters, and entrepreneurs that are moving...

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SCWorx Announces New Product and the Signing of Two New Hospital Customers

New York, NY, Sept. 06, 2022 (GLOBE NEWSWIRE) — SCWorx Corp. (Nasdaq: WORX) today announced that it has launched a new product offering for healthcare providers along with the signing of two new mid-Atlantic hospitals for the product.  The new product offering enables hospitals of all sizes to quickly and easily benefit from the SCWorx data platform. SCWorx offers a technically advanced solution which has proven to be beneficial to large hospitals with challenging technical and data management issues.   To expand the Company’s target demographic SCWorx has modified its product deliverables and pricing structure to more effectively meet the needs of hospitals of all sizes.   Now healthcare providers with either small or large standalone facilities, multiple locations, intense data projects and basic or unique data challenges are...

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AB INTL GROUP Announces Signs Master License Agreement with Universal Studios

NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) — AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm today announced enter a Master License Agreement with Universal Studios’ company Universal Film, regarding the theatrical exhibition of Universal motion pictures and/or such other audiovisual content as Universal may elect to distribute (whether by film print, digital cinema package (“DCP”), DVD, by wireless, or other method now known or hereafter created) (each such motion picture or other audiovisual content) by AB Cinemas NY, Inc. an ABQQ company. About AB International Group Corp. AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual properties. We are engaged...

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Global Electronics Manufacturing Services Market to Hit Sales of $740.4 Billion By 2028 | India is Becoming Hub for Electronic Manufacturing Services

Global electronics manufacturing services market was valued at USD 476.5 billion in 2021, and it is expected to reach a value of USD 740.4 billion by 2028, at a CAGR of more than 6.50% over the forecast period (2022–2028). Westford, USA, Sept. 06, 2022 (GLOBE NEWSWIRE) — In a world where electronics are becoming more and more pervasive, the demand for electronics manufacturing services market is continuing to grow. This is likely due to the ever-growing popularity of products such as smartphones, smart TVs, laptops, ovens, refrigerators, ACs, and tablets, as well as the increasing demand for faster and more efficient production processes. As a result, there is an increasing need for companies who can efficiently produce these types of devices. One of the biggest benefits of using an electronics manufacturing services provider is...

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Zaya Younan Buys His Third Vineyard in Saint-Émilion, Bordeaux, France

Chateau la Croix Younan Winery Purchases Chateau Ascumbas, Becoming a Major Producer of Wine in FranceChateau Ascumbas 2015 Neighboring prestigious properties like Château La Fleur Morange, a new Grand Cru Classé of Saint-Émilion, the estate consists of vines with an average age of 35 years and has produced Merlot and Cabernet Franc dominant varieties, full of structure and flesh, that showcase the fundamentals of the terroir.This is Zaya Younan’s Third Vineyard Purchase The acquisition of its third Saint-Émilion Grand Cru vineyard in under three years does not mark the first time La Maison Younan has received global recognition as prestigious winemakers. Its vintages have been rated up to 91 by world-renowned wine critics like Antonio Galloni’s Vinous Media, and the company has has even garnered major credibility after its...

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Tin Thanh Group and PHI Group, Inc. Sign Strategic Agreement with PetroVietnam Marine Shipyard JSC to Drive Marine and General Building Activities

New York, Sept. 06, 2022 (GLOBE NEWSWIRE) — PHI Group, Inc. (n/k/a Philux Global Group Inc., www.phiglobal.com, PHIL), a diversified holding company currently sponsoring PHILUX Global Funds, developing the Asia Diamond Exchange project (“ADE”) in Vietnam, engaging in mergers and acquisitions and investing in special situations, is pleased to announce that its partner Tin Thanh Group ((https://tinthanhgroup.vn/en/) and the Company have signed an agreement to strategically cooperate with PetroVietnam Marine Shipyard JSC (https://www.pvshipyard.com.vn/) in order to increase marine and general building activities. According to the agreement, PetroVietnam Marine Shipyard (“PVMS”) will increase charter capital to allow Tin Thanh Group and Philux Global Group to become its strategic and majority shareholders. The companies will deploy...

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