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Year: 2022

Global Jewelry Market to Reach $443 Billion by 2028 | Diamond Jewelry Demand Surpassed Sales Worth $94 billion in 2021 | SkyQuest Technology

Global jewelry market is valued at USD 249.03 Billion in 2021, and it is anticipated to attain a value of USD 443 Billion by 2028, at a CAGR of 8.6% over the forecast period (2022–2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — As per SkyQuest study of the global jewelry market, jewelry retail sales in Asia Pacific account for over one-third of the entire market, with North America occupying the second largest share. China and India are forecast to lead the global growth by a large margin over the next few years. A recent study by SkyQuest on the global jewelry market has revealed that millennials account for a bulk of jewelry buyers in North America, Europe, and Asia Pacific. This is corroborated by data from Euromonitor which states that millennials buy 49% more jewelry than Generation Xers and 43% more than baby boomers....

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Logansport Financial Corp. Announces an Increase in Fourth Quarter Dividend

LOGANSPORT, Ind., Nov. 16, 2022 (GLOBE NEWSWIRE) — Logansport Financial Corp. (OTCBB – Symbol “LOGN”), an Indiana corporation which is the holding company for Logansport Savings Bank, a State Commercial bank located in Logansport, Indiana, announces that Logansport Financial Corp. has declared an increase in the quarterly cash dividend to $.45 on each share of its common stock for the fourth quarter of 2022. This represents a 12.5% increase from the previous quarter. The dividend is payable on January 16, 2023 to the holders of record on December 15, 2022. Contact: Kristie Richey Chief Financial Officer Phone 574-722-3855 Fax 574-722-3857

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Global Aluminum Market to Hit Sales of $238.2 Billion by 2028 | Over Production and Declined Demand Have Reduced Profit Margin of Producer by $120 Per Ton

Global aluminum market was valued at USD 141.8 billion in 2021, and it is expected to attain a value of USD 238.2 billion by 2028 with a CAGR of 5.82% over the prediction period (2022 – 2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — Global aluminum demand is growing quickly and has a lot of potential. Today, aluminum is used in many products and can be found in everything from automobiles to airplane parts. The global aluminum market was valued at $141.8 billion in 2021 and is expected to grow at a CAGR of 5.82% through 2021 thanks to increasing demand for aluminum in the automotive, construction, aircraft, and renewable energy industries. The biggest buyers in the global aluminum market are automobile manufacturers. Automobiles are a big part of the global economy and there is always a need for new models to be released...

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CIP Real Estate Acquires Industrial Complex in North Atlanta Metro

Kennesaw Mountain Business Park Joins CIP’s Growing Atlanta Portfolio IRVINE, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) — CIP Real Estate has acquired Kennesaw Mountain Business Park, an industrial property in the north Atlanta metro area, for $22.6 million. The 10-acre parcel features two buildings totaling 144,130 square feet. The business park comprises 18 shallow bay industrial units ranging in size from 3,920 to 18,000 square feet, and the majority of the suites are between 6,000 and 12,000 square feet. The project is currently over 96% occupied. Due to strong demand and limited supply of small and mid-bay industrial units in the upscale Marietta area, a suburb of Atlanta, CIP expects significant rental increases in the next five years, which will be supported by upgrades to the facility, including improvements to the parking...

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LiveWire Ergogenics Announces Q3 2022 Financial Results and Reports Third Consecutive Profitable Quarter in 2022

Anaheim, CA, Nov. 16, 2022 (GLOBE NEWSWIRE) — LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring, leasing, licensing, and managing special purpose real estate properties conducive to producing high-quality, handcrafted, and sun-grown specialty cannabis products for medical and recreational adult-use in California reports financial results for the third quarter 2022.  Bill Hodson, CEO of LiveWire Ergogenics, states, “At LiveWire, we continue to implement our business model of licensing, marketing, and managing the cultivation of high-quality handcrafted specialty cannabis products produced on our property Estrella Ranch in Paso Robles and Makana Ola in Humboldt that address increasing customer demand and command higher prices and profit margins. The past several months have been trying times for the cannabis...

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PsyKey, Inc. Announces Renowned Biochemist Dr. Michael J. McCarthy as Member of Scientific & Medical Advisory Board

CARSON CITY, NV, Nov. 16, 2022 (GLOBE NEWSWIRE) — CECORS, INC. (OTC PINK: CEOS) (“CeCors” or the “Company“), through its wholly owned subsidiary PsyKey Inc., an innovative wellness company, is pleased to announce the appointment of Dr. Michael J. McCarthy, Ph.D. to its scientific and medical advisory board. Dr. McCarthy joins PsyKey with over 35 years of experience serving as a consultant to the biopharmaceutical industry and formulating high-impact pharmaceuticals and nutraceuticals. A biochemist and widely published author, Dr. McCarthy offers PsyKey his extensive expertise in securing biomedical patents and intellectual properties. “Dr. McCarthy is a scientist who truly understands the important link between the chemical compounds in food and optimum health,” said John Gustin, PsyKey head...

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Lipman Hearne Joins Forces with Yes&

Merger Adds New Marketing Capabilities to Lipman Hearne’s Expertise in Higher Education and Philanthropy Alexandria, VA, Nov. 16, 2022 (GLOBE NEWSWIRE) — Integrated marketing agency Yes& today announced a merger with Lipman Hearne, an esteemed Chicago-based marketing firm well-known for their expertise in higher education and philanthropy marketing. The two firms are joining forces to combine Yes&’s fully integrated marketing suite with Lipman Hearne’s expertise in strategy, research and creative design. The merger with Yes& enables Lipman Hearne to provide fully integrated marketing communications solutions to clients across the nonprofit landscape. Lipman Hearne and Yes& made the announcement during the 2022 American Marketing Association (AMA) Higher Education Conference to showcase the new breadth and depth...

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Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Andromeda With WBC

ATHENS, Greece, Nov. 16, 2022 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Western Bulk Carriers AS, for one of its Ultramax dry bulk vessels, the m/v DSI Andromeda. The gross charter rate is US$14,250 per day, minus a 5% commission paid to third parties, for a period until minimum October 16, 2023 up to maximum December 16, 2023. The charter is expected to commence later today. The “DSI Andromeda” is a 60,309 dwt Ultramax dry bulk vessel built in 2016. The employment of “DSI Andromeda” is anticipated to generate approximately US$4.70 million of gross revenue for the minimum scheduled period...

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MICT’s ACQUISITION TARGET, TINGO MOBILE, TODAY LAUNCHES KEY PARTNERSHIPS WITH ALL FARMERS ASSOCIATION OF NIGERIA AND VISA

 AFAN Launch Commences Rollout of Nwassa Agri-FinTech Platform and Tingo Visa Products to AFAN’s Membership of More Than 20 Million Farmers Launch of Partnership With Visa Sees Introduction of Tingo Visa Card and a Range of Other New Products MONTVALE, NJ, Nov. 16, 2022 (GLOBE NEWSWIRE) — MICT, Inc. (NASDAQ: MICT) (“MICT”) and Tingo, Inc. (OTC Markets: TMNA) (“Tingo” or the “Company”), announced that Tingo Mobile PLC (“Tingo Mobile”), which is being wholly acquired by MICT with a scheduled completion date of November 30, 2022, has today launched its partnership with the All Farmers Association of Nigeria (“AFAN”) ahead of schedule. Through its recently announced trade deal with Tingo Mobile, AFAN has committed to deliver a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s existing customer...

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22nd Century Group’s GVB Biopharma Opens New Central Distribution Facility in The Netherlands

New distribution facility supports rapidly growing demand for hemp/cannabis products BUFFALO, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) — GVB Biopharma, a 22nd Century Group company (Nasdaq: XXII), today announced that it has opened a new, strategically-located distribution facility in the Netherlands to support its growing business in Europe, the Middle East, and Africa (EMEA). The new distribution facility will increase existing and new customer access to GVB’s quality hemp/cannabis products, speed up transaction flow, and optimize cross border tax and customs treatment. Recent increases in GVB’s U.S. manufacturing capacity are complementary to the advent of the Company’s Netherlands distribution facility. Additional capacity is in part earmarked to satisfy increasing demand in European markets where margins are higher than in the...

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