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Day: May 17, 2023

ABN AMRO convenes Extraordinary General Meeting

ABN AMRO convenes Extraordinary General Meeting ABN AMRO Bank N.V. (ABN AMRO) today published the convocation and relevant documents for the Extraordinary General Meeting of Shareholders (EGM) to be held in Amsterdam at 12.15 pm on 29 June 2023. The documents, including the agenda and notes, are available on ABN AMRO’s website. At the EGM, a decision will be taken regarding the proposed appointment of Femke de Vries as a new member of ABN AMRO’s Supervisory Board. The appointment will be for a period of four years ending at the opening of the 2027 Annual General Meeting, and is subject to approval by the European Central Bank. Tom de Swaan, Chair of the Supervisory Board: ‘We’re very pleased with the nomination of Femke de Vries as a Supervisory Board member. Femke has been nominated on account of her relevant financial sector knowledge...

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Tuomas Laitinen new Tampere Regional Director at SATO

SATO CorporationPress release 17 May 2023 at 12:15 pmTuomas Laitinen, M.Sc. (Economic & Business Administration) was appointed SATO Regional Director for the Tampere region effective 20 March 2023. Tuomas Laitinen has been responsible for managing SATO’s housing business in the Tampere region since 20 March 2023. He reports to Elina Vaurasalo, Executive Vice President, Housing Business. Laitinen’s previous experience is in sales management and development with KONE and L&T. “I am thrilled to be joining SATO with its vast real estate expertise and amazing workforce. My contribution to SATO will be people-centred management, a coaching approach and out-of-the-box thinking. I am really excited to bring my expertise to bear on sales development as well, because it is an area where I have solid experience,” Regional Director Tuomas...

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AS Tallinna Vesi and AS Utilitas Tallinn concluded an agreement to establish a right of superficies

AS Tallinna Vesi and AS Utilitas Tallinn have agreed to establish a right of superficies for the construction and operation of a wastewater heat pump plant and the buildings serving it on the immovable property at Paljassaare põik 14 belonging to AS Tallinna Vesi. The right of superficies will be established on a new immovable property with an approximate area of 6,735 m2 which is formed as a separate cadastral unit for the land under the technical facility arising by dividing of the immovable property. The right of superficies will be established for 50 years as of entry of the right of superficies in the land register. The right of superficies fee is determined based on § 181 of the State Assets Act and the methodology set out in the Regulation No 22 of the Government of the Republic of 09/03/2023, established on the basis thereof, entitled...

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New EMEA Research by Rackspace Technology Finds Artificial Intelligence (AI) and Machine Learning (ML) Have Increased Productivity, Innovation, Intelligent Applications, and Results

93% of Education IT Managers and 97% of Research IT Managers have already introduced, or are planning to introduce, AI and ML at work LONDON, May 17, 2023 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced that after the pandemic, the adoption of Artificial intelligence (AI) and Machine learning (ML) have increased in research and education universities. The research, How Artificial Intelligence and Machine Learning are Transforming Research and Education, found that:93% of IT managers surveyed in the education sector and 97% of IT managers surveyed in the research sector said they plan to introduce AI and ML at work.  78% of IT managers surveyed in the research sector agree AI and ML have impacted the way of doing research, and 74% of IT managers...

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[Latest News] Bioplastics Market Worth $15,552.3 Mn by 2028 | With 10.7% CAGR

The global bioplastics market covered major segments by Type (Biodegradable and Non-Biodegradables), Application (Rigid Packaging, Flexible Packaging, Textiles, Automotive & Transportation, Agriculture & Horticulture, Consumer Goods, and Others), and more Pune, India, May 17, 2023 (GLOBE NEWSWIRE) — The global bioplastics market size was valued at USD 7,043.9 million in 2020 and is projected to grow to USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across the packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s...

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Dyes and Pigments Market to Hit USD 56.1 Billion by 2029 | Fortune Business Insights™

The global dyes and pigments market covered major segments By Type (Dyes, {Reactive, Disperse, Vat, Acid, and Others}, and Pigments {Inorganic and Organic}), By End-use (Dyes {Textiles, Leather, Paper, Paints, Plastics, and Others}, Pigments {Printing Inks, Paints and Coatings, Plastics, and Others), and Regional Forecast, 2022-2029 Pune, India, May 17, 2023 (GLOBE NEWSWIRE) — According to the report published by Fortune Business Insights™, titled “Dyes and Pigments Market Size, Growth, Trends and Report Forecast, 2022-2029” the global market size was estimated to be USD 39.09 billion in 2021 and reached USD 40.71 billion in 2022. The market is anticipated to expand further and reach USD 56.1 billion by 2029, with a CAGR of 4.9% throughout the forecast period. The market for dyes and pigments is projected to...

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Sports Drink Market Share and Trends [2023-2028] | Fortune Business Insights™

The global sports drink market covered major segments by Type (Isotonic, Hypotonic, and Hypertonic), Brand (Gatorade, Powerade, and Others),by Packaging Type (Metal, PET/Plastic, and Glass), by Distribution Channel (Offline Channel and Online Channel), and region. Pune, India, May 17, 2023 (GLOBE NEWSWIRE) — The global sports drink market size is predicted to reach USD 36.35 billion in 2028 from USD 27.22 billion in 2021, exhibiting a CAGR of 4.2% during the forecast period. The growing number of health-conscious consumers around the world will consequently aid the market growth in the forthcoming years. Furthermore, the rising number of athletes and sports persons will also encourage the growth of the market. According to the National Collegiate Athletic Association (NCAA), the number of NCAA athletes stretched high. In 2017-18,...

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Vallourec Q1 2023 Results

Meudon (France), May 17, 2023 Vallourec, a world leader in premium tubular solutions and operator of the Pau Branco iron ore mine, announces today its results for the first quarter 2023. The Board of Directors of Vallourec SA, meeting on May 16th 2023, approved the Group’s first-quarter 2023 results. First Quarter 2023 ResultsSolid EBITDA of €320 million in Q1 driven by both Tubes and Mine & Forest Net debt reduced by €130 million to €1 billion Customer demand remains strong; solid Q1 order intake driven by Middle East National Oil Companies and other Eastern Hemisphere customers Aggregate price trend on Tubes orders remains favorable with International pricing offsetting moderate sequential decline in U.S. pricing Iron ore mine to return to full production following Cachoeirinha core waste pile release Reiterate FY 2023...

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Nilfisk reports Q1 2023 results: In line with company plan, outlook for 2023 confirmed

Nilfisk, a leading global provider of professional cleaning products and services, reported its Q1 2023 results today. Total revenue came to 256.4 mEUR for Q1 2023 and organic growth for the total business came to -2.0% in Q1 2023, compared to growth of 9.3% in Q1 2022. The reduction in revenue was 7.8 mEUR and came from lower revenue in Consumer and the Private Label part of Professional, which in total declined by 13.4 mEUR. This was partly offset by strong growth in Service and Specialty and moderate growth in the branded part of Professional. Gross margin reached 40.2% in the quarter, up from 40.0% in Q1 2022. Free cash flow improved significantly by 35.8 mEUR from Q1 2022 and came to 13.1 mEUR in the quarter. Investments into Business Plan 2026 continued in Q1 2023. Commenting on the results, Torsten Türling, CEO of Nilfisk said:“For...

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