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Day: December 14, 2022

Video on Demand Market Size [2022-2029] Exhibits 17.6% CAGR to Reach USD 257.59 Billion by 2029

According to Fortune Business Insights, the global video on demand market size is projected to reach USD 257.59 billion in 2029, at a CAGR of 17.6% during the forecast period, 2022-2029 Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) — The video on demand market size is predicted to reach USD 257.59 billion by 2029 and exhibit a CAGR of 17.6% during the projected period. Fortune Business InsightsTM has presented this information in its report titled, “Video on Demand Market Forecast, 2022-2029”. The market stood at USD 69.55 billion in 2021 and USD 82.77 billion in 2022.Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/video-on-demand-market-100140Key Industry Developments Amazon.com Inc. has introduced prime video channels in India. For its prime members, the premium...

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Printing Machinery and Equipment Market [2021-2025] worth USD 20.04 Billion | Exhibiting a CAGR of 0.21%

Companies Profiled in Print Equipment Market are WINDMOELLER & HOELSCHER CORPORATION, Landa Corporation, Mark Andy Inc., Barry-Wehmiller Companies, Xeikon, KOMORI Corporation Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) — According to the latest research study, the global printing machinery and equipment market was USD 19.74 billion in 2017. The global market size is projected to reach USD 20.04 billion by 2025, exhibiting a CAGR of 0.21% during the forecast period from 2021-2025. The global printing market is gaining momentum owing to the technological advancement such as digital enhancements of equipment, evolving software tools, and automation in printing. Recent penetration of digitalization across various fields is creating lucrative growth opportunities for the global print equipment market. In a report, titled, “Print...

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Aviation Fuel Market to Grow Worth USD 450 Billion By 2026 | Industry will grow at CAGR of 5.22%

The global aviation fuel market size valued USD 300 billion in 2018 and is projected to reach more than USD 450 billion by 2026, at a CAGR of 5.22% Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) — The global aviation fuel market size to hit USD 450 billion during forecast period of 2021-2026. The market will grow at CAGR of 5.22% during 2021 to 2026. The market was valued USD 300 biilion in 2018. As per the report, the aviation industry needs to focus on reducing carbon emissions and ensuring sustainable air travel Use of high-quality aviation fuel will improve the efficiency of airplanes Moreover, air travel is set to increase rapidly, owing to its rising preference from tourism, socio-economic, and other sectors This will further increase the aviation fuel market share in the forthcoming years. Aviation industry is estimated to...

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Mill Liner Market Size [2022-2029] | Industry Share, Growth, Trends, And Competitive Landscape With Global Forecast to 2029

Mill Liner Market – Metso Outotec to Supply a High-Capacity SAG Mill to Thunderbox Gold Mine Expansion in Western Australia : Fortune Business Insights Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) — The global mill liner market size will witness a commendable gain on the back of the demand for increased productivity and additional uptime. The equipment is sought-after to boost efficiency and provide tremendous wear resistance and lightweight attributes. Fortune Business Insights™ has deep-dived into these insights in an upcoming research report, titled, Mill Liner Market, 2022-2029. Key Industry Developments August 2021: Metso Outotec announced to supply a high-capacity SAG mill to Thunderbox gold mine expansion in Western Australia. In January, the company inked a deal with Norilsk Nickel to provide SAG & ball...

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Huize Regains Compliance with Nasdaq Minimum Bid Price Requirement

SHENZHEN, China, Dec. 14, 2022 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online insurance product and service platform in China, today announced that it has received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (“Nasdaq”) dated December 13, 2022, informing the Company that it has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). As previously announced, the Company was notified by Nasdaq on October 12, 2022, that the Company was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company’s American depositary shares (“ADSs”) was below US$1.00 per share for 30 consecutive business days. On December 13,...

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Nexstim Receives an Order for Two NBT® Systems from Canada

Press release, Helsinki, 14 December 2022 at 10:45 AM (EET) Nexstim Receives an Order for Two NBT® Systems from Canada Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) announces that it has received an order for two NBT® systems through Canadian Health Solutions (CHS), the Company’s distributor in Canada. In 2021, Nexstim announced having extended its agreement with distributor CHS for an additional five years. Nexstim’s NBT® system is cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in Canada. Dr. David Elias, CEO of the Canadian distributorship and head of Canadian Health Solutions Group, comments:  “An estimated 10 percent of Canadians use health services for mood and anxiety disorders annually. We are pleased to be the exclusive Canadian distributor...

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LumiraDx Announces New Investment for Ongoing Development of its Point of Care Molecular Tuberculosis Test

Company receives $14.2M in grants from the Bill & Melinda Gates Foundation to support the TB test’s ongoing development and future launch into developing countries LONDON, Dec. 14, 2022 (GLOBE NEWSWIRE) — LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care diagnostics company, today announced it has received $14.2M in grants from the Bill & Melinda Gates Foundation for ongoing development of its point of care molecular tuberculosis (TB) testing system. Used with the LumiraDx multi-assay Platform, the molecular TB test is being developed to provide highly accurate results at a low price at the point of care enabling clinicians to immediately commence appropriate treatment and patient management to maximize health outcomes and minimize further spread of infection. According to the World Health Organization’s...

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With 8.2% CAGR, Breast Pump Market Size worth USD 2.92 Billion Forecast (2022-2029)

As per the report by Fortune Business Insights, the global breast pump market size was valued at USD 1.48 billion in 2021 and projected to reach USD 2.92 billion in 2029, at a CAGR of 8.2% during the forecast period 2029 Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) — The global breast pump market size was valued at USD 1.48 billion in 2021. The market is projected to grow from USD 1.68 billion in 2022 to USD 2.92 billion by 2029, exhibiting a CAGR of 8.2% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Breast Pump Market, 2022-2029.” Key Industry Development: September 2021: Elvie Stride was introduced by Chiaro Technology Limited (Elvie). It is the brand-new intelligent, incredibly silent, hands-free pump and the first Elvie product to have extensive insurance coverage...

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RCI Banque discloses Capital Requirements following the 2022 SREP draft decision

                                  December 14, 2022 RCI Banque discloses Capital Requirements following the 2022 SREP draft decision As part of the 2022 exercise of the supervisory review and evaluation process (“SREP”), the European Central Bank has notified RCI Banque of its draft decision regarding the capital requirement the Bank must respect in 2023. As of January 1, 2023*, the Pillar 2 requirement (P2R) will be 2.01% compared to 2.05% in January 2022. Requirements linked to the provisioning old non-performing receivables1 has been reduced from 0.05% to 0.01%. RCI Banque did not exercise its “right to be heard” and no major change is expected in the final decision. Starting from January 1, 2023*, RCI Banque will be required to meet the following capital requirements:    Minimum capital requirements  Total Pillar...

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Bank of Åland discontinues buy-backs of own shares

Bank of Åland Plc Stock exchange release December 14, 2022, 9.55 EET Bank of Åland discontinues buy-backs of own shares On May 10, 2022, the Bank of Åland began acquisitions of the Bank’s own shares, as authorised by the Annual General Meeting (AGM) on March 30, 2022. The maximum number of shares that may be acquired on the basis of the Board’s acquisition decision, in one or more rounds, is 375,000 Series B shares, which is equivalent to 4.1 per cent of the total number of Series B shares and 2.4 per cent the total number of shares. The maximum amount that may be used for the buy-back is EUR 10,500,000. The Board of Directors of the Bank of Åland (Ålandsbanken) has decided to discontinue the acquisition of the Bank’s own Series B shares that has occurred as part of the Board’s decision on May 10, 2022, since the maximum amount of EUR...

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