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Month: April 2023

FORVIA FAURECIA: FIRST-QUARTER 2023 SALES

                                                                  Nanterre (France), April 17, 2023 FIRST-QUARTER 2023 SALES SALES GROWTH OF +29% IN THE QUARTER TO €6.6bn                                       DRIVEN BY ORGANIC GROWTH OF +17.6%                                                             in €m   Q1 2022 as Q1 2022 Currency Organic Scope effect Q1 2023 Reported    released in April 22 IFRS 5* effect growth (Hella 1 month)   changeGroup sales   5,322 5,149 -30 908 617 6,644 +29.0%% of last year’s sales     -0.6% +17.6% +12.0%    Worlwide auto. prod.** (m units)   19,924   +2.7%   20,469  FORVIA’s outperformance (bps)       1,490      * Restated for SAS (part of the “Interiors” Business...

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Magnite Launches ClearLine, Giving Ad Agencies a New, Efficient Route to Premium Video Inventory

Camelot, GroupM, MiQ Among Launch Partners; Direct Buying Solution Maximizes Revenue for Magnite Sellers NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) — Magnite, the world’s largest independent sell-side advertising company, today announced the launch of ClearLine, a self-service solution that provides agencies direct access to buy premium video inventory on the company’s platforms. Built on Magnite’s proven technologies in deal-driven video, ClearLine significantly increases spend going towards working media, makes it easier for sellers and agencies to securely share data, and helps Magnite publishers generate more revenue and develop new sources of unique demand. Initial launch partners include Camelot, GroupM, and MiQ. “While DSPs will remain the primary method for agencies to access premium video inventory on our platforms, we’ve...

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LifeWallet Announces Amendments Extending Certain Agreements and Other Events

CORAL GABLES, Fla., April 16, 2023 (GLOBE NEWSWIRE) — MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “LIFW” or the “Company”), today announced it successfully renegotiated two material obligations. The Company has extended its payment obligations to Virage Recovery Master LP, an entity managed by Virage Capital Management LP (“Virage”) and Nomura Securities International, Inc. (“Nomura”). The new agreements with Virage and Nomura extend the payment dates for each to September 30, 2024. “Virage Capital Management LP continues to support LifeWallet’s vision, business plan, and execution,” said Edward Ondarza, Founder and Managing Director of Virage. “Virage fully understands litigation may be delayed and is confident in LifeWallet’s ongoing recovery efforts.” “For more than six years, Virage has been...

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Cryogenic Fuels Market is Expected to Surpass increasing demand for natural gas, especially in power generation and transportation, favorable government regulations Help the Market to Reach New Heights

SkyQuest’s Cryogenic Fuels market report is excellent information for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford USA, April 16, 2023 (GLOBE NEWSWIRE) — The Cryogenic Fuels market is experiencing significant growth and is expected to reach USD 190.6 billion by 2030, with a CAGR of 6.7% during the forecast period (2023-2030). The increasing demand for natural gas, especially in power generation and transportation,...

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Fueled for the Future: Global Fuel Cell Powertrain Market Dignified for Significant Growth

SkyQuest’s Fuel Cell Powertrain market report is an excellent analysis for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford USA, April 16, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the fuel cell powertrain market will attain a value of USD 12974.72 billion by 2030, with a CAGR of 62.1% over the forecast (2022-2030). The market for Fuel Cell Powertrain is expected to grow at a rapid pace during the forecast...

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Growing Demand for High-Performance Materials Drives Fluoroelastomers Market Growth

SkyQuest’s Fluoroelastomers market report is an excellent analysis for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford USA, April 16, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the Fluoroelastomers market will attain a value of USD 1057.77 billion by 2030, with a CAGR of 4.50% over the forecast (2022-2030). To meet consumer demand for fuel-efficient vehicles and achieve the necessary economy, automotive manufacturers...

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Statement from Dr. Norman Keevil

VANCOUVER, British Columbia, April 16, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today issued a statement on behalf of Teck Chairman Emeritus Dr. Norman B. Keevil: “As there has been much media commentary regarding my views on the future of Teck, I would like to provide a clear statement of my perspective. My colleagues and I are proud of what we achieved through 30 years of building Teck, growing the company 500-fold from a $25 million market cap to $12.6 billion, with double-digit compounded growth in shareholder value, and continuing growth in recent years to $25 billion today. I am confident that Jonathan Price and his team have every chance of duplicating that strong growth phase again, perhaps doing even better. Teck today has the producing assets, a series of good potential...

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SNBL to Acquire Satsuma Pharmaceuticals

Transaction delivers immediate value and liquidity to Satsuma stockholders SNBL to acquire all outstanding shares of Satsuma for upfront cash consideration of $0.91 per share Satsuma stockholders to also receive non-tradeable CVR of up to $5.77 per share With the goal of maximizing value for stockholders, Satsuma’s Board has carefully considered strategic options for Satsuma and STS101 and fully supports this transaction with SNBL SOUTH SAN FRANCISCO, Calif., April 16, 2023 (GLOBE NEWSWIRE) — Satsuma Pharmaceuticals, Inc. (“Satsuma”) (Nasdaq: STSA) today announced that it has entered into a definitive agreement to be acquired by Shin Nippon Biomedical Laboratories, Ltd. (TSE: 2395, “SNBL”) for $0.91 in cash per share at the closing of the transaction plus one non-tradeable contingent value right (“CVR”) of up to $5.77 per share....

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LanzaTech plans announced for Wales’ first Sustainable Aviation Fuel production in Port Talbot

Proposed facilities leverage area’s industrial heritage to recycle waste carbon into sustainable aviation fuel and support UK climate goals GUILDFORD, United Kingdom, April 16, 2023 (GLOBE NEWSWIRE) — LanzaTech UK Ltd, a subsidiary of LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”) has announced plans for Wales’ first carbon recycling facilities in and around Port Talbot that would transform emissions into Sustainable Aviation Fuel. The pioneering ‘Project Dragon’ aims to reduce emissions from industry and help facilitate lower emission flying. Building on the area’s industrial strength, the facilities enable Neath Port Talbot to play a leading role in creating carbon reduction industries in South Wales critical to delivering the UK’s net zero economy and tackling the climate emergency. LanzaTech is initially...

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Meyas Sands Gold Project Update

Perth, April 17, 2023 (GLOBE NEWSWIRE) — MEYAS SAND GOLD PROJECT UPDATE Perth, Western Australia/April 17, 2023/ Perseus Mining Limited (PRU:ASX/TSX) owns 70% of the Meyas Sand Gold Project (MSGP), in northern Sudan, located approximately 75 kilometres south of the border with Egypt and more than 1,000 kilometres north of Sudan’s capital city, Khartoum. During the weekend, international and domestic media outlets reported on instances of armed conflict between the Sudanese military and an influential militia group, in and around Khartoum. While Perseus does maintain a small office in Khartoum to service the MSGP, its presence in the capital city is minor. Perseus’s staff, both in Khartoum and on site at MSGP, are safe and no damage has been reported to any of its physical assets or infrastructure. Perseus is maintaining a “business...

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