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Year: 2022

Gas Engines Market to Surpass Valuation of $6.66 Billion by 2028 | Aftermarket Replacement Engine to See Negative Growth

Global gas engines market size was valued at USD 4.54 billion in 2021, and it is expected to reach a value of USD 6.66 billion by 2028, at a CAGR of 5.63% over the forecast period (2022–2028). Westford, USA, Nov. 30, 2022 (GLOBE NEWSWIRE) — Tighter emissions regulations, increasing demand from renewable energy sources, and advancements in hybrid and electric vehicle technologies are some of the key factors supporting growth of the global gas engines market. SkyQuest predicts that there will be a total of 26 million gas engines installed by 2022. As the demand for gas engines grows, manufacturers are investing in new technology to improve performance and efficiency. For example, Cummins is developing a new direct injection engine that it believes will offer improved fuel economy and emissions performance over traditional diesel...

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VEON Rings Opening Bell on NASDAQ to Celebrate 30 Years

Amsterdam, 30 November 2022: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today rang the opening bell of NASDAQ in Times Square, New York City, in commemoration of its 30th anniversary. Founded in 1992 to provide mobile telephony to underserviced markets in Eastern Europe, VEON has continued the mission and significantly extended its footprint, with National Digital Operator services today across seven markets in Eastern Europe, Central and Southern Asia. The opening bell of NASDAQ was rung by Augie Fabela, the founder, Chairman Emeritus and Board Director of VEON.  Addressing the NASDAQ opening audience, Fabela recalled the company’s early belief in “Freedom to Talk” and how today in the digital age that has become “Freedom to Connect”.“As we turn...

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TELUS and Adera complete new Smart Building in North Vancouver

Residents of RED Lower Lynn are enjoying a fully connected home experience all while saving money on their energy bills VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) — TELUS continues to grow its Residential Smart Building footprint with the completion of RED Lower Lynn, a new rental development located in North Vancouver’s vibrant Lynn Creek community. In partnership with west coast modern design builder Adera, this six-storey, 88-unit complex features TELUS’ cutting edge smart building technology and automation, offering luxury and comfort paired with savings and efficiency. Residents at RED Lower Lynn can control their smart suites from their smartphones through the easy-to-use TELUS Residential Smart Building app, giving them the flexibility to remotely lock and unlock their keyless doors, or adjust their lights...

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RAPALA VMC CORPORATION’S FINANCIAL REPORTING IN 2023

RAPALA VMC CORPORATION, Financial calendar, November 30, 2022 at 5:00 p.m. EET   In 2023, Rapala VMC Corporation will publish its financial information as follows:   –          Financial Statement Release for 2022 on February 10, –          Half Year Financial Report for January-June 2023 on July 14, and   Rapala VMC Corporation’s Financial Statement for 2022 will be published in week 9. Rapala VMC Corporation will apply 30 calendar day silent period prior to the release of the above mentioned financial reports.   RAPALA VMC CORPORATION   Louis d’Alançon Chairman of the Board and Chief Executive Officer   For further information, please contact: Olli Aho, Investor Relations, tel. +358 9 7562 540   Distribution: Nasdaq Helsinki and main media   About Rapala VMC Corporation Rapala VMC group is the world’s leading fishing...

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Wolters Kluwer completes divestment of its legal information units in France and Spain

Wolters Kluwer completes divestment of its legal information units in France and Spain  November 30, 2022 — Wolters Kluwer Legal & Regulatory today announces that it has completed the divestment of its legal information units in France and Spain to Karnov, as originally announced on December 9, 2021. xxx About Wolters KluwerWolters Kluwer (Euronext: WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in...

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XR Immersive Tech Announces Record Third Quarter Revenue & Corporate Update

Revenue for the three months ended September 30, 2022 was $443,613 compared to $28,037 for the three months ended September 30, 2021, a revenue increase of 1582% Revenue for the nine months ended September 30, 2022 was $968,617, compared to $68,917 for the nine months ended September 30, 2021, a revenue increase of 1405% Synthesis VR has seen significant year over year growth in 2022Over 27 million minutes of gameplay, which is an increase of 153% compared to last year Over 43,885 customer accounts were created on the platform which is a 109% increase compared to last year Platform subscription has gone up by 108% compared to last yearThe Company appointed LBVR pioneers A Shabeer Sinnalebbe as the CEO and Kamen Petrov as the CTOVANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) — XR Immersive Tech Inc. (“XRi” or...

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JSC “Latvijas Gāze”: Unaudited financial results of Latvijas Gāze group for 9 months of 2022

Disciplined risk management approach during high volatility environment was the basis for successful financial performance during the winter season (October 2021 – March 2022) and also resulted in strong financial performance during Q2 and Q3 2022. The Household segment caused losses in the first half of 2022. Despite the fact that on July 1, 2022, the household tariff was adjusted upwards for the next tariff period, the natural gas purchase price during the third quarter of 2022 was considerably higher compared to the tariff sales price, and as a result, the household customer segment continued to generate losses. As high natural gas prices remain, JSC “Latvijas Gāze” anticipates that the household segment could also generate losses in the fourth quarter of 2022. In order not to cause losses to the Group amidst high uncertainty...

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ZETADISPLAY AB (publ) INTERIM REPORT 1 JANUARY – 30 SEPTEMBER 2022

Summary July – September 2022• Net sales increased by 27.8 % to SEK 129.9 (101.6) million. Adjusted for currency effects, sales increased by 23.1% to SEK 125.1 (101.6) million.• SaaS revenues increased by 8.9 % to SEK 48.4 (44.5) million.• ARR amounted to SEK 192.2 million. compared to (187.9) MSEK previous quarter• EBITDA amounted to SEK 17.2 (13.2) million. Adjusted for non-recurring items, EBITDA amounted to SEK 17.2 (24.0) million.• Operating profit amounted to SEK 7.6 (4.3) million. January – September 2022• Net sales increased by 23.1 % to SEK 367.1 (298.1) million.• SaaS revenues increased by 11,3 % to SEK 142.5 (128.1) million.• EBITDA amounted to SEK 31.0 (34.8) million. Adjusted for non-recurring items, EBITDA amounted to SEK 33.9 (54.4) million.• Operating profit amounted to SEK 1.9 (8.4) million.   CEO comment Q3 Strong...

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Performance Shipping Inc. Announces Completion of Sale and Delivery of Vessel to New Owners

ATHENS, Greece, Nov. 30, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has completed the previously announced sale of the 2007-built Aframax tanker vessel M/T P. Fos, with the delivery of the vessel to her new owners. Following the sale of the P. Fos, the Company’s fleet currently consists of six (6) Aframax tankers, with two (2) more Aframax tankers expected to be delivered within December 2022. Commenting on the delivery, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated: “As already stated, this sale has not only enabled our Company to capture value from the recent Aframax tanker price appreciation, but has also enhanced our balance...

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Vision Energy Engages Spatial Planning Consultants

JERSEY CITY, N.J., Nov. 30, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Vision Energy Corporation (OTCQB:VIHDD), (“Vision Energy” or the “Company”) is pleased to announce that it has engaged Rho Adviseurs (“Rho Adviseurs”), a Netherlands-based firm specialising in spatial planning and permit management for the Company’s pioneering Green Energy Hub development project in the North Sea Port of Vlissingen, the Netherlands, being designed to provide import, storage and handling facilities for hydrogen carriers, renewable products and low-carbon fuels. Rho Adviseurs has been engaged to provide specialist studies for the environmental impact assessment and policy, process guidance and spatial planning, to ensure future operations conform to and exceed to all required standards. The reports are required to support the Company’s permit...

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