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Month: May 2023

Cosmetics Industry to Worth USD 415.29 Billion by 2028 | With a 5% CAGR

The global cosmetics market covered major segments by Category (Hair Care, Skin Care, Makeup, and Others), by Gender (Men and Women), by Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), and Regional Forecasts, and Others. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of  5% during the 2021-2028 period. In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance.  The industry offers a wide variety of products, such as hair care, face care, lip care, and others.  Additionally, the increasing demand for anti-aging creams and serums...

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Cloud Seeding Market Emerging Trends [2023-2030] | Industry Trends, Key Companies Analysis & Forecast Report by Fortune Business Insights™

The key companies covered in cloud seeding market are RHS Consulting Ltd, North American Weather Consultants, Inc., Snowy Hydro limited, And Seeding Operations and Atmospheric Research (SOAR), and more players. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global cloud seeding market size is set to gain traction from the increasing adoption of weather modification technologies by various countries, shares Fortune Business Insights™ in its report, titled ”Cloud Seeding Market, 2023-2030”. The cloud seeding market refers to the industry involved in the artificial modification of weather patterns through the process of cloud seeding. Cloud seeding is a technique that aims to enhance precipitation in clouds, primarily for the purpose of increasing rainfall or reducing hail damage. The market for cloud seeding services and...

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LIZHI INC. Reports First Quarter 2023 Unaudited Financial Results

GUANGZHOU, China, May 25, 2023 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operational HighlightsNet revenues were RMB631.0 million (US$91.9 million) in the first quarter of 2023, representing a 22% increase from RMB516.7 million in the first quarter of 2022. Average total mobile MAUs1 in the first quarter of 2023 was 49.6 million, compared to 51.5 million in the first quarter of 2022. Average total monthly paying users2 in the first quarter of 2023 was 471.5 thousand, compared to 482.2 thousand in the first quarter of 2022.“We are pleased to announce a stellar performance for the first quarter, posting new record highs...

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Prosafe SE: Reese McNeel appointed interim CEO of Prosafe SE

Following the announcement on 27 April 2021 that Jesper Kragh Andresen will step down as CEO, the board has decided to accelerate the leadership transition and to appoint Reese McNeel, the current CFO, to interim CEO and CFO effective immediately and until a permanent replacement is selected. Jesper shall continue to support the company as a strategic advisor to the Board and executive team in a transition period. Glen Rødland, Chairman, says: ‘The Board is pleased that Reese has accepted to be the interim CEO. Reese has already demonstrated his strong leadership and dedication to Prosafe as CFO since August 2022. Reese brings with him industry and CEO level experience from Sevan Marine ASA, Atlantica Tender Drilling Ltd and AlixPartners. Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is...

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Window Covering Market to Hit USD 17.43 Billion by 2028 | with a CAGR 4.96%

Companies covered in Window Covering Market are Hunter Douglas N.V. (Rotterdam, Netherlands), Comfortex Window Fashions (New York, U.S), Lafayette Interior Fashions (Indiana, U.S.), Insolroll Window Shading Systems (Louisville, U.S.), Polar Shades Sun Control (Las Vegas, U.S.), The Shade Store, LLC (New York, U.S.), Norman International Inc. (California, U.S.), Coulisse (Eindhoven, Netherlands), LOUVOLITE (Manchester, U.K.), and more players. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global window covering market size was USD 10.83 billion in 2020. The market is projected to grow from USD 12.42 billion in 2021 to USD 17.43 billion in 2028 at a CAGR of 4.96% in the 2021-2028 period. This information is provided by Fortune Business Insights, in its report, titled, “Window Covering Market, 2021-2028.” According to our expert...

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Aircraft Engine Market to Worth USD 112.61 Billion by 2029 | With a CAGR of 10.87%

The global aircraft engine market covered major segments by engine type (turboprop engine, turboshaft engine, turbofan engine, and piston engine), by technology (conventional engine, electric/hybrid engine), by component (compressor, turbine, gear box, combustion chamber, fuel system, and others. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global aircraft engine market size is projected to hit USD 112.61 billion by 2029 and register a CAGR of 10.87% during the forecast period. The swelling commercial aircraft deliveries and rising adoption of fuel-efficient and cost-effective aircraft are anticipated to bolster the market growth. Fortune Business InsightsTM has presented this information in its report titled, “Aircraft Engine Market, 2022-2029”. The market size stood at USD 49.01 billion in 2021 and USD 54.70 billion in 2022. Additionally,...

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Inertial Navigation System Market Size to Hit USD 15.45 Billion by 2028 | At a CAGR of 5.54%

The global inertial navigation system market covered major segments by component (accelerometers, gyroscopes, and others), by technology (ring laser gyro, mechanical gyro, fiber optics gyro, mems and others), by platform (airborne, ground, sea, and space), by end user (commercial, and military & defense), and regional forecast. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global Inertial Navigation System Market is a navigation technology that uses a combination of accelerometers and gyroscopes to determine the position, orientation, and velocity of a moving object. It provides autonomous navigation capabilities by relying on internal sensors rather than external references such as GPS signals. The inertial navigation system (INS) market size is projected to grow from USD 10.59 billion in 2021 to reach USD 15.45 billion...

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Terranet publishes prospectus in connection with rights issue of units

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. Terranet AB (“Terranet” or the “Company”) has prepared an EU growth prospectus (the “Prospectus”) for the forthcoming issue of units consisting of shares and warrants with preferential rights for existing shareholders (the “Rights Issue”), which the board of directors resolved on 17 May, 2023. The Prospectus was approved by the Swedish Financial Supervisory Authority today 25 May,...

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Sunlands Technology Group Announces Unaudited First Quarter 2023 Financial Results

Q1 net revenues decreased by 7.6% year-over-yearQ1 gross billings (non-GAAP) decreased by 11.7% year-over-yearQ1 net income reached RMB180.1 million BEIJING, May 25, 2023 (GLOBE NEWSWIRE) — Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China’s online post-secondary and professional education, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operational SnapshotsNet revenues were RMB566.9 million (US$82.5 million), representing a 7.6% decrease year-over-year. Gross billings (non-GAAP) were RMB345.1 million (US$50.2 million), representing a 11.7% decrease year-over-year. Gross profit was RMB498.7 million (US$72.6 million), representing a 3.5% decrease year-over-year. Net income was RMB180.1 million (US$26.2 million), as...

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Form 8.3 – LondonMetric Property PLC

8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Rathbones Group Plc(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree LondonMetric Property PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing undertaken:        For an opening...

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